Steve Warnecke
1.4K posts

Steve Warnecke
@VABchboy
Nat'l TV ad sales, media promotion. $SPY options trader, $XRP owner. no financial advice given. Hubby to Jill, beach lover, and lifelong Packer Fan!




$SPY / $SPX I am still looking for a visit to Mondays PML / Fridays lows before EOW. There is nothing bullish about this structure.


$VIX We have yet to close under 25 this week. $SPY closed under the 200ema today. A $VIX hold above 25 and I expect a move back to 30 by friday. A hold under the 200ema and I expect $SPY to 647.92 by friday. Its been a great week, excited to end it on top!







Good morning! $SPY was up over 1% in pre market and tested a 🔑 level of prior support/ flipped resistance. We are seeing major resistance at 660.50. We have touched this level 3 times since AH and $SPY has been batted down to 657.50-->657 each time. A break and hold above 662 and we can see 663.46-->665. Inability to break and hold above 660.50 and $SPY can see 654.28-->652.60 quick. $VIX has an open bull gap to fill at 26.94. Keep your 👀 on it! Stay patient, stay disciplined, lets end the week strong!











