SC only to undestand your thought... when you see the start of the 450 point rebound for S&p500? this week? next week? Do you have any idea what price level the upswing could start at?
Some of you people are embarrassing. You can not expect general advice and ideas to be held as truth. You have to watch what happens and keep it in perspective as you make your own decisions based on what is going on.
Do your own work and stop criticizing others for your failure.
yesterdays range on SPY was 15 pts... we are only half of that today, still plenty of opportunity to end positive, or see it in the green some time today. remember, volatility is still very high, as is the VVIX
SC, please take a look at this chart and see if you can add anything to it. I have the 2008 trendline on vix to recent events, but we have surpassed those.
Now vix is hugging all the lines on the fib curves and baouncing of the 2008 trendline perfectly.
I think the fib retracement should actually go all the way up to about 82 VIX where the max fib curve is.
I think people who do not trust in SC should move along and leave us alone. I can understand the frustration of people who have lost their pants but SC is not responsible for anyone's decisions.
I think we should appreciate the knowledge he is giving it to others.
SC; The market situation is very dangerous after the two consecutive announcements. Panic/Fear is heightened.. 1) WHO declaring the Covid -19 disease Pandemic and 2) Trump’s travel ban announcement to Europe... Cycles does show some low projection as well for another 15% to 20% S&P decline... which might avert.. In your best opinion how market is going to react next week when feds meeting is due? Can we have your detailed outlook with these developments since SPX gap is already filled
Shut your TV or Don't listen to these stupid morons and make your own decisions if they he gets too hot in the kitchen just get out and sit on the sidelines don't blame any body I feel there's gonna be our whip your face will rally
"The panic will be so intense that on Friday, March 13th and Monday, March 16th following the Ides of March that people walking down the sidewalk of New York City will be crying on their shoes."
Sc u did not believe in your own analysis. Your analysis was spot on. U caught some waves. But not entirel . Today some people sold vxx calls .78 to 70 dollsr
Bitcoin looking better for a pop.
ReplyDeleteNotice bitcoin is becoming more stable.
ReplyDeleteS@P trade looking good!
ReplyDeletePlan to take profits tomorrow.
ReplyDeleteSC only to undestand your thought... when you see the start of the 450 point rebound for S&p500? this week? next week?
ReplyDeleteDo you have any idea what price level the upswing could start at?
many thanks..
Next week low and expect the run to start.
Delete2,575 to 2,635 SPX
DeleteMaybe, other that there's gap 2,710.
DeleteSC - how long do you expect the rally to last?
Delete2 days
Deleteso up today and tomorrow...bottom next week a 2710 or between 2575 - 2635 and then runup in 2 days for 450 point rally around 3000 - 3050.. right?
DeleteAre you expecting more downside after this bounce, then a bigger bounce into April, then a larger leg down?
ReplyDeleteYes that's the plan. Take one step at a time of course.
DeleteSc what would be your target for tvix
ReplyDelete$170 is 50% retracement.
Deletesc target for upro 47
ReplyDelete$51 UPRO
DeleteThank you for your comments in BTC.
ReplyDeleteYou are welcome Manuel!
DeleteThis is perfect for today by the model!
ReplyDeleteSPX
DeleteBought UPRO $41.55.
ReplyDeleteIncreased the position.
DeleteWe have good divergence on the charts.
ReplyDeleteModel shows 2 large up days next!
ReplyDeleteBeautiful!!!
ReplyDeletehow high do you see the spx going SC by friday?
ReplyDeleteI plan to exit tomorrow.
Delete2,900 plus tomorrow
DeleteSPX charts coming. Will show the plan for March and April.
ReplyDeleteThanks SC - This will be very helpful!
DeleteThat will be helpful sc
ReplyDeleteYes, thanks as usual for sharing your efforts SC.
ReplyDeleteSCMarch 10, 2020 at 12:06 PM
ReplyDelete2,900 plus tomorrow
Sc you waiting for pop to sell
ReplyDeleteI sold half yesterday I always do on a pop
ReplyDeleteWas looking for 2,900 and yesterday we saw 2,882. Very close. 2,900 soon choppy, but on the way to 3,025.
ReplyDeleteWait, you said March 13th and 16th are huge drops. How can that be right if now you say 3,025?
DeleteSCMarch 10, 2020 at 9:50 AM
DeleteModel shows 2 large up days next
Wrong again!
But sc u were planning to toda . Expecting friday and monday to be bad. Is it still the case
ReplyDeleteMaybe the plan is to talk out of both sides of your mouth.....maybe one side will be right....
ReplyDeleteSCMarch 10, 2020 at 9:48 AM
ReplyDeleteBought UPRO $41.55
Lol
The turndates can be delayed...sc caught the big move down earlier
ReplyDeleteSome of you people are embarrassing. You can not expect general advice and ideas to be held as truth. You have to watch what happens and keep it in perspective as you make your own decisions based on what is going on.
ReplyDeleteDo your own work and stop criticizing others for your failure.
yesterdays range on SPY was 15 pts... we are only half of that today, still plenty of opportunity to end positive, or see it in the green some time today. remember, volatility is still very high, as is the VVIX
ReplyDeleteWe should have a huge rally
ReplyDeleteBut like I said before if something pops You could always sell half the position that's what I always do
ReplyDeleteYesterday 4142 to 46 and change was a great move on you PRO
ReplyDeletehttps://imgur.com/a/XjNHqUw
ReplyDeleteSC, please take a look at this chart and see if you can add anything to it. I have the 2008 trendline on vix to recent events, but we have surpassed those.
Now vix is hugging all the lines on the fib curves and baouncing of the 2008 trendline perfectly.
I think the fib retracement should actually go all the way up to about 82 VIX where the max fib curve is.
VIX 82 very soon. Could see 97.
DeleteHolding TVIX over the weekend.
https://imgur.com/a/ymNlkwz
ReplyDeletehere is a zoom in on the hourly of the same vix graph
Fed meeting is next week March 17 - 18. Market moving higher into that time frame.
ReplyDeleteSo no huge drop on the 13th and 16th?
DeleteSC - seems like SPX could rally back to 3,150 here before next crash wave?
DeleteSC = Do you think we can still rally back to 3,025 with the Fed bazooka into next week?
DeleteYes we will see big down days, but the up days will be stronger than the down days next. It's not important what happens on any given day.
ReplyDeleteStrong up days like today you mean?
DeleteI think people who do not trust in SC should move along and leave us alone. I can understand the frustration of people who have lost their pants but SC is not responsible for anyone's decisions.
ReplyDeleteI think we should appreciate the knowledge he is giving it to others.
Cheers
Yes, exactly
DeleteThanks - second this...SC thanks - please ignore the haters...can't wait for the SPX update.
DeleteThank you SC for your time and effort as always. Can't thank you enough for all the work you have done. Very much appreciated.
ReplyDeleteHi SC, do you have any charts on GDX ?
ReplyDeleteVIX doing nothing today. SPX filled 2,710 gap we have been talking about.
ReplyDeleteIt went through like swiss cheese
DeleteIts dangerous situation SC..I am crossing my figures for tomorrow..
ReplyDeleteSC; The market situation is very dangerous after the two consecutive announcements. Panic/Fear is heightened..
ReplyDelete1) WHO declaring the Covid -19 disease Pandemic and
2) Trump’s travel ban announcement to Europe...
Cycles does show some low projection as well for another 15% to 20% S&P decline... which might avert.. In your best opinion how market is going to react next week when feds meeting is due? Can we have your detailed outlook with these developments since SPX gap is already filled
Short uvxy at 64
ReplyDeleteThis is not about the virus that's what they're making you think it is I believe it has to do with the bond market illiquidity
ReplyDeleteBought upro at 30
ReplyDeleteI listen to what trump told me on the last interview He said the market is going to go up and that's a fact so I'm listening to him knows more than us
ReplyDeletePeople are going out right crazy the side the kids out school the buying everything off the shelves Just outright craziness what This is
ReplyDeleteShut your TV or Don't listen to these stupid morons and make your own decisions if they he gets too hot in the kitchen just get out and sit on the sidelines don't blame any body I feel there's gonna be our whip your face will rally
ReplyDeleteI am on UV X y's back
ReplyDeleteLike godzilla
ReplyDeletePlunge protection team coming in ass china sells all there shit
ReplyDeleteTrump said markets gonna go up when time is right
ReplyDeleteThey would not let me short TVIX there's no shares available
ReplyDeleteThere now I'm comfortable buying SVXY.
ReplyDeleteBought SVXY $33.80.
ReplyDeleteSVXY chart is coming with strong support here.
ReplyDeleteInitially target around $38.
Delete"NYC declares state of emergency, large venues like Madison Square Garden will likely be closed ‘for months’"
ReplyDeleteDo you believe me now?
ReplyDeleteSCMarch 6, 2020 at 8:52 AM
"The panic will be so intense that on Friday, March 13th and Monday, March 16th following the Ides of March that people walking down the sidewalk of New York City will be crying on their shoes."
SC - why did you buy SVXY if there is going to be panic on March 13 through March 16?
ReplyDeleteThe prediction was made for a panic in February and finishing into Friday the 13th.
DeleteIt has occurred into the time frame predicted.
The panic has occurred and will subside.
DeleteFriday the 13th!!!!!
ReplyDeleteSc u did not believe in your own analysis. Your analysis was spot on. U caught some waves. But not entirel . Today some people sold vxx calls .78 to 70 dollsr
ReplyDeleteSC - Can you please post plans for SPX rest of March/April? That will help..
DeleteThat's fine because we have seen the first move, and I'm confident we will see the next moves fall into place.
DeleteWe are just getting started in one of the most exciting years to trade in history!
Yes definitely, charts are coming. Was busy day!
DeleteSo much opportunity coming next!
SC, can you please post an updated SPX chart where you see things going?
ReplyDeleteThank you
Yes, the charts will be posted tomorrow.
ReplyDeleteDWL now SVXY is showing relative strength compared to SPX.
ReplyDeleteSignaling bottoming formation has begun.
Bitcoin broke the triangle to the downside.
ReplyDeleteS@P futures are surging off the lows!
ReplyDeleteHit limit up on futures Hahaha
ReplyDeleteSold SVXY premkt $35.90.
ReplyDeleteUpro seemed to move up more then svxy
ReplyDeleteAte you expecting more down
So sc what is the plan for next two months
ReplyDeleteCharts coming
DeleteBottom forming, it's going to take time to firm up at this level.
DeleteThe action consistent with bottom formation. Needs to churn for probably a week until it is strong enough to rise.
ReplyDeleteSC, do you see the lows tested from yesterday?
DeleteYes tested and retested several times.
DeleteBought SVXY $33.30.
ReplyDeleteThere is a high probability that at 3 PM Trump may declare national emergency. what everyone thinks here going to happen with Market?
ReplyDeleteThanks
YEA SO WHAT THEY ALREADY SCARED THE LIVING SHIT OUT ALL THE
DeletePEOPLE ON THE NEWS REMEMBER WE WENT THROUGH 911 WE DONT GIVE A SHIT
UP UP AND AWAY
DeleteTVIX BAGHOLDERS VIX DOWN 17
Deleteany updates on those bagholders?
DeleteNew chart posted!
ReplyDelete