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Marsilio is Musing about the next best moves in markets. Technicals & Timing FTW!! https://t.co/5KmMX2EE5s

Sep 12, 2021, 8 tweets

Index TA

Now some of these lines will make more sense to those who read TA threads

DJI exceeded QR1 AugR1 combo for 2 trading days, since then levels as resistance; slight poke above QR1 9/2 (small red arrow)
Broke SepP 9/7 (orange)
Broke D50MA 9/9
Back under YR1 9/10 (red)

This is significant technical deterioration in short amount of time

Medium term levels acting as resistance
Pivot status change
Break of D50 & yearly level

So, comeback or smash? With astro, thinking smash

SPX

HR1 QR2 resistance
Sept pivot break

Still far above D50MA though

NDX

QR2 resistance, but still above SepP

RSI pro selling with every timeframe 70+ on that top

RUT

Under QP (bigger orange)
Testing SepP

Another lower high, how much longer before big breakdown of range?

D200 area tested 2x so next time could smash

Oh PS!

SPX high on DeMark YR1!

Last week: "Testing DeMark YR1 - jeez I'd like for some real institutional pros to take a whack at this"

VIX

Support at DeMark YS1 (orange line with arrow)
Lifted above SepP (small arrow)
and QP (larger arrow

Plus D200MA!

All we need is VXX SVXY a bit more for full volatility confirm

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