• Rates, inflation, dollar, employment ↑
• Geopolitical tensions
• $VIX at support, #SPX at resistance
• $VVIX is extremely oversold
• #Nasdaq composite rejected at 100DMA
• Dealers are now net short
• $DJT is lagging $DJI
$ES_F $SPX $SPY
NEXT WEEK
The Bull's take
•Commodities/Oil/DXY are ↓
• Excepting $NDX major indices are above 200DMA, all above 20, 50 and 100DMA
•Breadth indicators are bullish
• Seasonality favors move↑
• $FAANG bullish monthly candle
• $DJI to continue leadership
• $Gamma is + #SPX
•High rates, inflation, dollar
•Powell, and 8 more FEDs are coming
•Geopolitical tensions
• $VIX, $VVIX extremely oversold
• $FAANG struggling with 50DMA
• #Nasdaq rejected at 100DMA
• $RUT under 200DMA
• Short sellers at $SPX 200DMA
$ES_F
NEXT WEEK
The Bull's take
•Commodities/Oil/DXY are ↓
•Indices are above 50DMA
• $DJI to continue leadership
•Breadth indicators are very ↑
•Black Friday record sales
• Seasonality favors ↑ move
• $VIX and $VVIX in strong ↓
• $SMH $XLF $XTN $XLV $XLE ↑
•High rates, inflation & dollar
•Hawkish #FED minutes coming
•Geopolitical tensions
• $VIX, $VVIX at support
• $FAANG struggling with 50DMA
• #Nasdaq rejected at 100DMA and it's back below 200WMA
•Dealers are near net short
•Commodities/Oil are ↓
•All índices are above 20DMA
• $DJI to continue leadership
•Breadth indicatorsa are bullish
• Week down on low volume
• Turkey day seasonality favors up move
• $VIX and $VVIX bounce failed
•High inflation, and high dollar
•Rising Interest rates
•Recession
•Geopolitical tensions
•FMOC
• $VIX $ $VVIX near important support
•Indices are near important resistance levels
•Earnings won't be good
•Commodities/Oil are down
•Succesfull retest of June lows
• $SPX Bullish weekly candle in higher volume
• $DJI and $IWM to continue leadership
•Indices broke above 50DMA
•Solid support at 3740
•Breadth indicators are bullish
•Indices are near important resistance (3910) levels, pullback is expected
•Rally to continue despite FOMC rate increase
• $SPX 100DMA at 3904 resistance, 50DMA at 3840 support
•4074 next target
•Main support at 3740
•High inflation, and high dollar
•Rising Interest rates
•Recession
•Geopolitical tensions
•Negative $Gamma regime
•$VVIX near important support
•3800 will be strong resistance
•Tech Earnings won't be good
•Commodities/Oil are down
•Rally confirmed by follow-through day
• Succesfull retest of June lows
•Bullish weekly candle in decent volume
•FAANG chart is bullish
• Earnings reports are better than expected