Look To Scale Sales Inside The Selling Zone

SPX-cash (Long term view)

Tested our selling zone @ 2925.05-2949.34 and closed below the falling 20 DMA @ 2922.59

with the 50 DMA @ 2947.72 inside the zone
We said “Scale sales to reduce some long exposure.
A CLOSE above 2950 would be quite bullish
No LT signal here

S&P futures: (Short term view )  
The recent swings have been QUITE sharp in both directions (While writing today’s MORNING FIBOCALL)

Our short term Selling zone @ 2902.50-2932.75 is being tested again NOW.
Trading below the declining 20 DMA @ 2916
with the rising 50 DMA @ 2950 above.
“I would scale SALES to reduce some long exposure inside the zone”
A CLOSE above the 50 DMA would be quite bullish

No LT signal here

IWM
I like owning some and adding more with a CLOSE above the 200 DMA @ 151.04
The 20 DMA @ 151.16 and our ST selling zone @ 152.01-153.72

with the 50 DMA @ 153.14 higher
I would make some sales inside the zone if given the chance

No long term signal here

CRUDE

Trading below the 50 DMA @ 56.32 , and the 200 DMA @ 56.19

after trading inside our Selling zone @ 55.73-56.96
Now, trading BELOW the 20 DMA @ 55.21
We said “I would look to scale sales inside the zone”
The 8/13 gap @ 57.10 is above
Our ST bounce zone @ 54-53.17 is VERY close to being tested today
I would look to scale buying with 53.17 holding

No long term signal here

XLF
The 200 DMA @ 26.491and our very short term bounce zone @ 26.48-26.34 was tested and held.
The falling 20 DMA @ 27.14
Our Selling zone @ 27.31-27.65 with the 50 DMA @ 27.51 inside the zone above.
I would scale sales inside the zone if given the chance
A close above 27.65 would be quite bullish
No long term signal here

QQQ

Our Selling zone @ 187.37-189.31 was tested again yesterday.
“I would scale sales inside the zone”
Poised to open below the falling 20 DMA @ 187.54 and the 50 DMA @ 188.84
A close above 189.31 would be quite bullish
Our ST bounce zone @ 184.44-183.20 is below
No long term signal here

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