Jimmy5654

Following infosec, the stock market and the economy. The globalists are our enemies. Not financial or trading advice. No private group.

[Jimmy5654 @Jimmy56541]

Just wanted to make it clear that support held today at the +1 std dev

The center line or vwap is the Blue line you see and the next logical Target 7250 by early next week

There are other levels that I've pointed out as well but 7250 is very viable

[Jimmy5654 @Jimmy56541]

Fell to red std dev. So far this is just a std retrace to the golden pocket.

Still expecting this to drop to 7450 or 7302 the daily R levels. The vwap (blue line) is at 7250

[Jimmy5654 @Jimmy56541]

2hr pivots (7582) were bearish all day.. except in tail end of day and closed above by 2 points... Currently in ah we are blow.

4hr pivots are bearish.. posted targets of what I expect is a correction next few days.. Till around Tues/Wed..

[Jimmy5654 @Jimmy56541]

@Megz25220 @smoove_ro drop should only goto Tues/Wed.. roughly if it happens.

before Friday plan on being long..

[Jimmy5654 @Jimmy56541]

@Megz25220 @smoove_ro drop should only goto Tues/Wed.. roughly if it happens.

before Friday plan on being long..

[Jimmy5654 @Jimmy56541]

got some puts here.. if its going to drop it should happen fast.

[Jimmy5654 @Jimmy56541]

@smoove_ro yup.. me too but ATM

[Jimmy5654 @Jimmy56541]

yes.. i got ATM .. expiry next Fri 6/12

[RoSmoove @smoove_ro]

@Jimmy56541 Same got some 740p next Friday expiry

[Jimmy5654 @Jimmy56541]

Fell to red std dev. So far this is just a std retrace to the golden pocket.

Still expecting this to drop to 7450 or 7302 the daily R levels. The vwap (blue line) is at 7250

[Jimmy5654 @Jimmy56541]

Did not expect 7590+ . wow..

[Jimmy5654 @Jimmy56541]

This bounce will probably last all day into 7560 or 7570 area as high as 7580

[Jimmy5654 @Jimmy56541]

here u see very similar levels.. we are at 7520 in ah.

bounce tmrw to P area?

[Jimmy5654 @Jimmy56541]

if u notice.. the last drop of mid may bounced to the 10 period ma on 1hr chart and fell again.

[Jimmy5654 @Jimmy56541]

@JamesFranklynS1 just posted intraday bounce target. perhaps 10 period ma on 1hr chart...

[Jimmy5654 @Jimmy56541]

i was afraid that the day it drops .. it never bounces till hit target bottom around ... 7450 by 6/9

We will see if bounces tmrw or just continues down

[Jimmy5654 @Jimmy56541]

if u notice.. the last drop of mid may bounced to the 10 period ma on 1hr chart and fell again.

[Jimmy5654 @Jimmy56541]

gaps

[Jimmy5654 @Jimmy56541]

fyi.. vix wedge is still intact and completes around july 20

[Jimmy5654 @Jimmy56541]

if we get to 7450 real quick.. then its 7302

[Jimmy5654 @Jimmy56541]

i agree the low is roughly around Tuesday the 9th.
If 7450 fails then 7302. Prefer 7450.

I also agree that upside will be 7700-7750 by 6/24-6/26

Then likely 1 more dip and ramp to 7/20

[Jimmy5654 @Jimmy56541]

7300 would do a fake h&s .. interesting...

[Jimmy5654 @Jimmy56541]

i agree the low is roughly around Tuesday the 9th.
If 7450 fails then 7302. Prefer 7450.

I also agree that upside will be 7700-7750 by 6/24-6/26

Then likely 1 more dip and ramp to 7/20

[Jimmy5654 @Jimmy56541]

could bounce today but could be tmrw too as there no news on calendar.