BOOM
TNX in Cup & Handle - Breaking out - BullishThe TNX looks like it's been in a huge cup and handle pattern since early 2020. It also looks like the handle is breaking out and if the pattern plays out, we could see the TNX all the way up to 3%. That could put pressure on the precious metals, real estate, and the stock market. I think the Fed would have to intervene if we saw rates go that high.
😱. WARNING we posted a Outside UP month in the NDX100PRO TRADER : Hey, newbie! We posted an Outside Up Month on the NDX100, did you see?
NEWBIE : What is an Outside Up Month (OUM)?
PRO TRADER : It is a month where you get higher high, lower low and a close higher than the close of the previous month. It is a sign of strong momentum.
NEWBIE : Thanks, Pro Trader. How can I make money out of this?
PRO TRADER : Well it is not a signal but if you backtest it you will see that after the times the NDX100 has make an OUM
the stock market has traded higher in the next 8 months 91.3% of the times!!!
NEWBIE : Wow!
PRO TRADER : Also if you compare the gain after the times we get a OUM to those without OUM, you see 50% larger gains - so a bet to upside seems to pack a punch!
NEWBIE : Thank you, Pro! I will make sure I use the info!
🎯 HISTORICAL EDGE - 76% WIN RATE - 04APR22PRO TRADER : Do you see the HISTORICAL EDGE?
NEWBIE : Yeah we close under the 200D MA
PRO TRADER : Close! The QQQ made a 5day low for the first time in the last 10days AND it closed under 200D
⬇️ ⬇️ ⬇️ RESULT ⬇️ ⬇️ ⬇️
🔱 This setup has occurred 25 times since 2000! 💎
🔱 The 10 day move from here has had 76% chance of being bullish 🟢 ( aka higher from here)
🔱 The average winner has been 4%!
👉 Aka we predict that in the next 10days QQQ has 76% chance of closing 4% here from here!
KDA - U know whats coming GUYS!Hello,
here u can see, where Kadena will go.
Im very bullish on this one!
Take your bags before is too late!
If we get over orange trenline we can start booming hard , especially if Kaddex and Marmelade launch it will be hard pressure UP!
Green lane is MAIN support.
Red is first stronger resist.
Blue is way where we probably go.
Red arrow is launching way.
There is so much new on KDA coing out soon, which help us get from this place easily, than KDA will be unstoppable.
Ofcourse its all matter of BTC , but once we get from here, than even BTC wont stop us. :)
🎯 HISTORICAL EDGE - 01APR22PRO TRADER: Do you see the HISTORICAL EDGE?
PRO TRADER: Yesterday was the last trading day of the month. We closed above the 200D Moving Average.
NEWBIE:... silence ....
PRO TRADER: We also closed for a second day down and we closed in the lower range of the intraday.
NEWBIE: And?!
PRO TRADER: This has a significant edge for market. We backtested it since 1996!!! And we see an oportunity you can take advantage of.
⬇️ ⬇️ ⬇️ RESULT ⬇️ ⬇️ ⬇️
This setup has occurred 28 times since 1993 ! 💎
The 1 day move has had 85% chance of being bullish 🟢 on the next day ( aka market session on 01APR)
The average winner has been 2 times larger than the average loser!!
GME - Holy Moly!!! GME - Strap on the moon boots boyz - here is the rip!! GME over $140 in AH action tonight!! Finding a little resistance in this area from past intermediate lows.
However with volume coming back in mass today, the OBV oscillator uptick is highest reading since last true bull run back in June 2021.
Over 15 mil shares traded today (5x normal daily) and nearly half of it was still trapped in Dark Pools chartexchange.com
Bullish RSI indicator flashing well above neutral line on the daily but plenty of room to run to the upside from here. On the 4 hr chart (shown) the RSI is engorged beyond any previous print ever! - and appears ready to ROCK even higher. MACD leader indicator about to go straight up vertical = bullish price action RIGHT NOW! Borrow rates are sky rocketing tonight and shorts are toasted.
With RC adding 100K shares per recent filings that were released after market close today = Expecting a gap up tomorrow morning pre-market on FOMO energy.
HOW DO YOU SPELL MOASS? = HODL!
Not financial advice.
QQQ QQQ bear scenario ..
QQQ would have to close below 319 which I don't think it will after finding support there now.
LVLS near 280-295 would be a great long term bottoming area in the tech names if we get any further downside due to slim possibility, poor reaction to FED decision this upcoming, or from no more QE in markets.
334 to the upside will be our next major resistance to watch iMO. currently 324.
🎯 HISTORICAL EDGE - 🟢 RESULT FOR 15FEB💁♂️ TRADER: Did you take the signal, Newbie?
👶 NEWBIE: No, what happened?
💁♂️ TRADER: We anticipated a move to the upside ⬆️ on the 15FEB since we had a rare historical setup on the 14FEB.
👶 NEWBIE: And...?
💁♂️ TRADER: SPX posted a move to the upside with 1.5%🟢 AND given this an estimate for the general market, the move to the upside dragged many names up (NEW+5.5%, OXY+5.6%, CTRA+4.87%, PSX+4.18% etc etc.). These setups move the whole market - pay attention next time, Newbie.
🎯 HISTORICAL EDGETRADER: Do you see the HISTORICAL EDGE?
TRADER: Yesterday we posted a LOWER HIGH, LOWER LOW and LOWER CLOSE for the 3rd Day in a row!
NEWBIE: So what?
TRADER: It was also a MONDAY
NEWBIE: And?!
TRADER: We refer to this as TURNAROUND TUESDAY. CHECK out the STATS what happens the next day when this setup occurs
⬇️ ⬇️ ⬇️ RESULT ⬇️ ⬇️ ⬇️
This setup has occured 22 times since 1993! 💎 We backtested the results:
The 1 day move has had 65% chance of being bullish 🟢 on the next day (aka market session on 15FEB)
The average winner has been 2 times larger than the average loser
ADA DOUBLE BOTTOM BULLISH ON WEEKLY CHART **LONG**ADA/CARDANO Looks to have a comfortable position settling around the $1.30 range. With recent trends and other Bullish movements, Cardono seems to be finding support and beginning its upward momentum back up to its previous all time high.in the next few weeks. Looking at a possible $2.90 area. And a retrace back to $1.97. Remember this is a LONG entry and becoming rich and famous doesn't happen over night. This also is just my view and not financial advice. Good luck and Happy New Year!
$TGT incoming bounce on its way, another short covering rallyA big bounce is imminent on $TGT here in the next few days to weeks, the stock has declined significantly in a brief amount of time and is now showing inside candles representing balance, a push over 221 will take us screaming higher. Short covers bring the excess liquidity, strong numbers represented by Target this holiday season is a contributing factor why we will bounce here. Be patient, another big trade is coming. Jan 220/225 calls can work on confirmation candle.