• Profile photo of Steve

    Steve posted a new post. 2 years ago

    2 years ago

    OP Wire 2/4

    Sorry everyone- very late start for me today…Payrolls gained 467k!The nation’s net financial progress is at near zero for the second straight year.  That’s what…

  • So far, SPY has not been able to break above the resistance discussed yesterday. The 4H chart is now trying to start a bear cycle, and moving below 452.80 would help drive that. Next support is at 446.80. This could be the start of the next leg down that we are anticipating. That will remain the plan unless SPY pass through resistance…

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    KingJulien, Tony_da_FIBO_SHATNER_Stacker and 2 others
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  • Profile photo of Steve

    Steve posted a new post. 2 years ago

    2 years ago

    OP Wire 2/3

    The opening bell rings this morning after a positive day on Wall Street.  Tech stocks, which were major contributors to the market sell off last month, have…

  • After recycling those mid timeframes yesterday, SPY has run up to the next set of targets. It is now in the 61.8% retrace area of the big move down, which is ideal to start the next bearish leg. Because of this, I’ll be watching this zone intently, to see how the market moves from here. The first signs of bearish activity would be a drop…

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    KingJulien, Mugg and 2 others
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  • Profile photo of Steve

    Steve posted a new post. 2 years ago

    2 years ago

    OP Wire 2/2/22

    What’s Next Wallstreet will be airing live tonight. Make sure you click this link and click the subscribe button so you won’t miss any of…

    Mugg
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