Chromosphere

[Chromosphere @chromosphere]

$SPX $SPY I want to give a shout out & huge thank you to some traders who deliver amazing & useful market insights most every day here on X. THANK YOU!! 🙌 🙏

@therealmorph835
@FortuneOptions
@AndrewHiesinger
@7StarMike
@satymahajan
@_bwatts_
@JPATrades
@sparkle6193920

[Chromosphere @chromosphere]

@TheProfInvestor How does one reconcile ES hitting it's own 34 EMA on Friday, while SPY and SPX have yet to hit their respective 21s? Not a trick question. ES 4h 34 was king most of the whole way up, so I imagine daily 34 won't be an easy break through initially.

[Chromosphere @chromosphere]

@ZaStocks Once ES hit 7628.25, I pulled everything. That was the last target of the daily measured moves generated in early 2026 (the one generated on Feb 2, 2026 to be precise). Not a top tick as June 2 would have been best, but good enough for horse shoes and hand grenades.

[Chromosphere @chromosphere]

@satymahajan The precision and power of PO is just silly. 0.04 from the bottom and 0.01 from the top. If there is a better way to catch a knife, look down it's blade, and then set it aside safely... I am all ears 🙌

[Chromosphere @chromosphere]

@satymahajan Hands down, Saty PO!

[Chromosphere @chromosphere]

@FortuneOptions Why does VIX 16-17 feel like VIX 23 (confused participants, as you say) 🤣

[Chromosphere @chromosphere]

@TriggerTrades Yes, this looks very B wave-ish with the megaphone.

[Chromosphere @chromosphere]

@TriggerTrades Perhaps allow the user to select a "strict mode" on/off (default off) which may bypass some strong quality setups but will definitely hit super hard on A+ only. I, for one, would be willing to miss 5 possibly strong setups for 1 94% A+ setup.

[Chromosphere @chromosphere]

@TriggerTrades Alright. I think it would make your indicator more powerful than it already is and with less false positives, if you only activate W3 once it has equaled or exceeded 1.618 of W1W2. But I digress. The indicator is already better than any of the auto-EWT indicators I have seen.

[Chromosphere @chromosphere]

@TriggerTrades Same here on BTCUSD 3m live last night (or early this morning). Later one can see it turned into a 1-2/1-2 with a double extended W3. I am not sure what caused the second extension of W3, but the 1-2/1-2 explains one of the two extensions.

[Chromosphere @chromosphere]

@TriggerTrades Here on ES 1m, it was thinking W3 had formed, barely beyond W1. It might be good to have it only assert W3 if the potential W3 has exceeded 1.618 of W1W2. Any retracement before then is more likely a 1-2/1-2 formation, especially if <= 1x of W1W2.

[Chromosphere @chromosphere]

@AndyWallsQ What is strange is that YM didn't display the same exact characteristics. But if there is an easy way to calculate YM from DIA price, then it's likely even less risky to go with futures contracts instead of options contracts (not sure if more or less profitable, though).

[Chromosphere @chromosphere]

@AndyWallsQ And I guess in that case, one could just go with straight longs on say 500C on May 20th (second retest of hourly breakout candle's 0.50) for under $0.70, securing profits along the way. That would be killer! Runners to 9x 🤯

[Chromosphere @chromosphere]

@ChandlerTrading Friday marked here - a lot has happened!

[Chromosphere @chromosphere]

@Basssem666 🤯