SPDR S&P 500 (SPY) Options

Why are the markets so high? Earnings have been decreasing for most companies, so PE's are crazily overvalued. The CAPE S&P 500 should have PE around 14-16. It is above 36. Market indexes still have another 60% to fall from here!

Well it's lent 
40 days?
Got my ashes:)
I will be buying the dip
Good luck 

ie: SPX Daily---3 flat on CCI-18 now--very unusual----looks like trying to move up--when passes -100 line mkt should take off -----I use the same By/Sig on SPX 5 min for day trades--mkt allways follows CCI ( a leading indicator ) !---Till Fri !!LOL!!

Had to step out for min----Agree--would be interesting to know the #'s on that--When we hit bottom gonna be H of a run up! Bottoms R Quick! Tops Long Rollovers! Watch the CCI-18 on the Daily--When starts bumping up ---diversion --most likely will signal turn !! !!LOL!!

post on Trump Tariffs

Tuesday, October 15, 2024 11:37:58 AM


no, this just part of the TOPPING process

i speak to a trader with 55 years of experience in gann fan and elliot wave trading on regular basis, markets are always forward looking, what is priced in now for stocks, is through mid 2025 minimum

debt to GDP is 150%-200%

buying up here is playing with fire

treasury issuance will be massive in 2025, even Drunkenmiller wants to be extra short US treasuries

GOLD is telling a very rough road is ahead. US DEBT will likely get downgraded in 2025

if Trump wins, tariffs everywhere

if Harris wins, taxes go up up up

both are bad


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175232342

LOOKS LIKE I WAS 100% ACCURATE

https://www.cnbc.com/2025/03/06/treasury-secretary-bessent-says-the-american-dream-is-not-about-access-to-cheap-goods.html

I agree with bessent:)
Great read
I'd like to know how many billions are shorting VIX right now, preventing circuit breakers is not a good idea. Free market capitalism or bust!

On a recent read---when Gold 50% or greater than S&P---will out perform---Guess will get to see the proof of this theory ??

Like U said tons of $$ kicken around in the MM's-----if rates go down--only game in town !!

Charts: Macro---SPX--Daily Step Ladder Down Support From 11/1---5696------50% Fib 5664 (8/7 Base) ?

Hit 571.04
So next leg down is??
Shit looks weak

571.16 is simple 200 dma

572?

Propaganda

Let's make America great again by stepping on a rake......




That's in frickin' freefall that.
Note the November Election Gap......
Could that be a "Distribution Top" ?







Let's make America great again by stepping on a rake......

Mkt needs Take Out 5 min Red Lines & Hold !!

Out 582C 1.28! Close DD! 2nd 1/2-----Take It at ES & SPY 5 min Red Lines !! Scalp off the VIX !!

Lets go boys--need to get back up to The Pivots !!

Looks like a Tripple Bottom ??

Scalped 1/2 582C 1.08! 50% + Take It !

There She Goes !

DXY down--Cheap Mony---Mkt should advance ??

Back in 582C .67?

Out 582C .66! Reversed

Riddin 582C.62 !

Dxy looks weak

Vix looks weak 

SPX Trading Bracket 5820--5870 !

Pivot Calcs: SPX Pivot 5814----R1--5887----R2--5932----S1--5770----S2--5696-----SPY Pivot 580----R1--587----S1--575-----ES Pivot 5820----VIX Pivot 22.71 !!LOL!!

Prepare yourselves.

i have zero conviction in my trades.   Everything is in and out.  Holding till exit points has been to brutal...in and out.   Bias is still bearish all of 2025

Amazing it stuck

VIX Coiled Out at 22!----No Flipper Today !----Till Thurs !!LOL!!

Sold 1/2 my TZA will reload if Drop below 200DMA --thats only position I have -- Gold & Energy ETF's on the side !! Just Scalpin VIX at this Point !!

Out 585C .30! Blown Out ! Dumper!!

Wagg 585C .39 ?? EOD ??

Well if I rode this and got the 10, I'd be out by now, hedge funds are selling and cash is becoming a position, do what you think is best man.

Don't see what I like here----Looks like Calls EOD?----VIX Hugging VIX 22---Eradic Today--Very Quick Reversals !!

Out 581P .62! Goin back Up !

SPX LITS Support Fib at 5837 ??

Looks like VIX LITS 22.00 ? Make or Break at 22??

Riddin 581P .44? EOD ??

Charts: Recap---SPX Closed both Gaps!---Next Up 15 min Red Line ???

Yes
I bet we see some selling at close

Need Retake SPX 15 min Red Line (233EMA )for this to Stick!----Short//Long at Da 15 min Red Line Again ????

Had it All the way ! 4 Bagger 2nd Half--Took a Ride on Da VIX !!

10 point swing 
I didn't get it hope you did.

Out 580P .56 ! Reversed Back Up !

Wagg 580P .61?

Out 583C 2.36 ! 2nd 1/2 4 Bagger+ ! ---Take It at R1! Tks Boys !! YaHooo!!

SPX R1 & B/O 5851 ??