Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Point-Blank-Trading Profile picture
@PointBlank_Algo
Dec 6, 2022 • 7 tweets • 15 min read • Read on X
Scrolly
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 Image
$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 Image
$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 Image
$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 Image
$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 Image
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 Image

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Point-Blank-Trading

Point-Blank-Trading Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @PointBlank_Algo

Point-Blank-Trading Profile picture
Nov 12, 2023
NEXT WEEK

The Bear's Take:

•Sticky inflation
•Tight labor market
•Higher for longer
• #Rates, #Dollar ↑
•Negative breadth and classic indicators divergences
•Fed speakers will be hawkish
•VIX/VVIX at important support with positive divergences
•Bond auction failure
NEXT WEEK

The Bull's Take:

• $VIX and $VVIX below 200DMA & strong downtrend
•Positive $Gamma
•Leading stocks breakout
•Bullish and daily weekly candles
•No recession
•Leading sectors about to breakout
•Core $CPI will decelarates

#ES #SPX $SPY #SPX #BullMarket #futures
Our Take

•Market to move up on Monday
• Market will pullback hard once it hit resistance
•4435 to be strong resistance
•Expecting sector breakouts to improve breadth on next two weeks
• $VIX and $VVIX to bounce, but remain in downtrend

#SPX $SPY #ES_F
#Daytrad #options
Read 4 tweets
Point-Blank-Trading Profile picture
Oct 29, 2023
NEXT WEEK

The Bear's Take:

•Geopolitical tensions
•Sticky inflation
•Tight labor market
•Higher for longer
• #Rates, #Dollar and Vol upward
•Bearish weekly chart on all indices
• #AAPL to report poorly
•Negative $Gamma
• $FOMC

#ES_F $SPY #0dte #SPX #BearMarket #trade
NEXT WEEK

The Bull's Take:

•Indices are at/near important support
• FED to soften tone
• $VIX and $VVIX near important resistance
• Market breadth indis double dip
• $FAANG stocks bounced on high volume on Friday
• Market is extremely oversold
•4074 is a hard floor

#ES
Our Take

•Expecting $SPX futures to open positive on Sunday and SPX to close positive on Monday
•Looks like #SPX needs an extra flush before bouncing hard
•FEDs won't be too hawkish
•4074 is a hard floor to bounce from
•Expecting #VVIX to break support

#SPX $SPY #ES_F
Read 4 tweets
Point-Blank-Trading Profile picture
Oct 22, 2023
NEXT WEEK

The Bear's Take:

• Increasing #Geopolitical tensions
•Sticky inflation
•Higher for longer
• #Rates and #Dollar are rising
•Weekly Bearish Engulfing candles with higher volume accross all indices
• $VIX and $VVIX breakout

#ES_F $SPY #0dte #SPX #BearMarket #trade
NEXT WEEK

The Bull's Take:

•All indices are at/near important support
•Big tech earnings will push the market higher
• $VIX will reverse down
• #Market breadth indis are at/near extremely low readings
• $FAANG stocks at important support
• Market is oversold

#ES_F $SPY
Our Take

•Expecting $SPX futures to open positive on Sunday and SPX to close positive on Monday
•If #SPX goes down on Monday it will trigger a sharp oversold rally
•Bulls need $VIX to fall back below 20.75
•4181 could be tested, but market will bounce from there

#SPX $SPY
Read 4 tweets
Point-Blank-Trading Profile picture
Oct 8, 2023
NEXT WEEK

The Bear's Take:

• #Israel - #Palestine war
•Fed: Higher for longer
•Rates at 16-year high
• #Dollar & $TNX uptrending
•New downward structure still in play
•October's bearish seasonality
•Oversold rally will fail

#ES_F $SPY #0dte #SPX #BearMarket #trade
NEXT WEEK

The Bull's Take:

•Big one-day reversal
•Bullish daily candles
•Indices bounced from important support
• $VIX reversed down and generated buy signal
• #VVIX reversed down
• Breadth thrust on Friday
• Coming earnings will help the market

#ES_F $SPY #SPX
Our Take

• 4220/4200 should hold war-generated pullback
• $VIX can spike again, but won't go above last week high
•4350 Big resistance
•Need to see how MidEast war affects markets
•Bounce alive until it breaks below 4200

#SPX $SPY $ES #Odte #options #trading #ES_F
Read 4 tweets
Point-Blank-Trading Profile picture
Sep 24, 2023
NEXT WEEK

The Bear's Take:

•Fed: Higher for longer
•Rates at 16-year high
• #Dollar & $TNX uptrending
•Negative #Gamma
•New downward structure
•September's bearish seasonality
•Bearish weekly candles
•VVIX to remain high

#ES_F $SPY #0dte #SPX #BearMarket #trade

🧵 →
NEXT WEEK

The Bull's Take:

•Market to bounce
•4300 will be a temporary floor
•Indices at important support
• $VIX at resistance
•Oversold market
• Positive indicators divergence
•Coming earnings will help to float the market $MU $NKE $COST

#ES_F $SPY #BullMarket #SPX
NEXT WEEK

Our Take

• $SPX futures to open positive on Sunday and market to close positive on Monday
•4300 will hold for a few more days
• Expecting $VIX to pull back
•Market bounce will fail at 4375 or 4390
•4352 big resistance

#SPX $SPY $ES #Odte #options #trading #ES_F
Read 4 tweets
Point-Blank-Trading Profile picture
Sep 17, 2023
NEXT WEEK

The Bear's Take:

•Hard landing
• #Dollar & $TNX uptrending
•Negative #Gamma
•Leading sectors and stocks breaking down
•Bearish seasonality
• Powell's #FOMC speech will be hawkish
• Friday's bearish impulsive candles

#ES_F $SPY #0dte #SPX #BearMarket #trade
NEXT WEEK

The Bull's Take:

•Market to open higher on Sunday, and close positive on Monday
•4430 will hold as suppport
•Indices and sectors at important support
• #VIX and #VVIX weak bounce
• Fed's pause will push the market up
• $DXY and $TNX to pull back

#ES_F $SPY
NEXT WEEK

Our Take

•4430 major $Gamma support
•4400 will hold as support if tested
• Expecting $DXY and $TNX to pullback
•4400/4500 range for the week
• #VIX and $VVIX still in downtrend
•Sideways market

#SPX $SPY $ES #Odte #options #trading #ES_F
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(