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Dec 6, 2022, 7 tweets

The market today:

$SPX / $SPY / $ES

It closed below the key 20DMA in higher volume than yesterday

It's still in its upward trending channel

It bounced from channel support

#SPX #ES_F #trading #options #futures #daytrading #TradingSignals

$DIA / $DJI / $YM

It closed below the key 20DMA in higher volume than yesterday

It's still in its upward trending channel

It bounced from channel support

#DIA #DJIA #DowJones #trading #options #Futures #OptionsTrading #DayTrading #TradingSignals #YM_F

$QQQ / $NDX / $NQ

It closed below the key 20DMA in higher volume than yesterday

It's still in its short-term upward trending channel and its mid-term downward channel

It bounced near channel support

#QQQ #NASDAQ #IXIC #NDX #trading #OptionsTrading #Futures #NQ_F #daytrading

$IWM / $RUT / $RTY

Second day of closing below the 20DMA, today with lower volume.

Still in an uptrend channel

Bounced from channel support

#IMW #Russell2000 #RTY_F #trading #options #Futures #DayTrading #smallcaps

$DJT / #DowJones #Transportation

Second day of closing below the 20DMA, today with lower volume.

Still in an uptrend channel

Bounced from channel support

#DJT #DowJones #DIA #DJI #trading #OptionsTrading #Futures #DayTrading

$VIX / #volatility / #VIX

It hit today its 20DMA, but got somehow rejected

It's still trapped in a strong downtrend, but it's showing signs of life

It's below 20, 50, 100 and 200DMA

#VVIX $VVIX #UVIX #SVIX #VIXY #trading #options #bearmarket #Futures #DayTrading

The #SPX stocks above 200DMA Index

Closed above the 200DMA and the dominant trendline

Bounced from 20DMA

The uptrend is still intact

The internal health of the SPX has not much deteriorated

$SPX #ES_F #SPY $SPY $ES #trading #optiontrading #Futures #DayTrading #MarketBreadth

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