Order BUY QQQ NASDAQ.NMS Stop 274.21 LMT 274.21 will be automatically canceled at 20230401 01:00:00 EST QQQ weekly bullish hammer at the end of wave 5 wave 5 downtrend. Either ABC correction to MA 100 or beginning of uptrend. My only concern we didn't panic and capitulate yet, so probably ABC correction.
19K won’t hold any longer .. still in bearish and I knew this all along even so the capitulation is near. So we be seeing the big crash during this bear downtrend. Short buys don’t trust or try that even if your a very high risk taker.. be extremely careful because it’s volatile, while we be seeing the shorts these are the targets but first obviously down 17K...
We are now back at the levels we were at October 6th with Futures trading at 3776 at the time of writing. After yesterdays action I still wasn't convinced that we are going to continue higher. Take into consideration that we didn't close above Fridays high. The last couple weeks I was saying we were forming a cup and handle pattern. And look. Is it a perfect cup...
Strong Sell: - Strong dollar (US) - Policy - Inflation & Interest rates - Growth Outlook too optimistic Price Target: $10,000/BTC
Order BUY DIS NYSE Stop 99.30 LMT 99.30 will be automatically canceled at 20230401 01:00:00 EST DIS bullish hammer at a monthly support buying zone maybe that's it for the downtrend except for we didn't have exhaustion volume / capitulation / panic event. Quick countertrend 1.2R
My favorite trades to take are when bulls or bears get trapped. These have an EXTREMELY high success rate and are my favorite strategy to trade. Earlier today the bears were trapped by what looked like a pattern breaking lower, but it was regained by the bulls. The reason I love these traps is because the party (bulls/bears) that get trapped, end up getting...
CSCO daily indecision building wave 4 of wave 3 downtrend neat capitulation panic. Sell Stop 39.99 LMT 39.99 GTC Buy Limit 37.44 GTC Buy Stop 41.69 GTC
SPY daily indecision pressure building in wave 4 of wave 3 downtrend nearing panic capitulation. Sell Stop 360.23 LMT 360.23 GTC Buy Limit 342.72 GTC Buy Stop 371.52 GTC
Rally is done folks. Fascinating how perfectly the 21 April bars pattern fits onto the weak retracement rally to right shoulder. DJI gone off 1K is NOT bullish. SandP down 4%, NQ just tanked > QQQ gave up 15 bucks in a day. Can you say CRASH?! Yet I still see folks putting out ideas about new rallies to test ATH. Buying this 'dip' will only disappoint, lol. Do...
Here are the supports and resistances based off order blocks and volume on the way down. It has to bounce now, and even if it does I’m thinking to 376 or 370, then right back down. Earnings compression and Qt will keep going on, and the fed has to have fed funds rate ahead of inflation. It’s looking more and more likely we’re going to have a serious recession...
In this video we recap the US stock market price action from last week and game plan for the week ahead. We break down the 3 possible scenarios the market may take next week and how to plan/structure trades around them. This video was specifically recorded for short-term tactical traders looking to catch a multi-day bounce, and does not acknowledge/discuss the...
This week XRP has started to lead the way in the altcoin market. We've spend months at 30 cent price area. This is an price area at which XRP price historically spend most of the time, so it presents a good historical support. Just like with my last idea on BCH trading ranges, it goes the same for XRP. We have started to poke through red trading range and are...
Price floor has been established on 15 minute after capitulation after Powell spoke On the one day spy is oversold, it usually bounces back after this slightly I'm going to target 383 to 380 area to short using SQQQ. The risk-reward of holding a short here is low because of the previous demand zone. The market could very well dump further but I think the likely...
We are looking similarish to the 2018 sideways action for the 100 days before we had a huge dump down of 50% from 6k to 3k. Are we about to repeat it? The big difference is that back then nobody expected a 6k dump. All social media was under the impression that we are about to pump higher. I think a likely scenario is that we get lots of fakeouts. because, pretty...
This chart is adjusted for the bottom on Friday. My target top has also slide to around 3988 at most. We will see how the week plays out. It will likely be slow until the Fed with plenty of speculation. If Elliott Wave Theory holds up, the Fed rate decision and/or the press conference will begin the major 350+ point drop. Here is a zoomed in chart of the...
The 30:10 Treasury Bond Yield Spread is a simple Ratio difference between the 30-Year Treasury Bond Rate and the 10-YearTreasury Bond Rate. A Large exodus from high Beta/Rho correlated Assets to perceived Safe Havens. Presently the best-performing and most stable Asset of 2022 has been Cash - The US Dollar Index was 94.63 in mid-January to a high of 110.78 - a...
Get everyone long then liquidate EVERYONE in Sept with a massive V shaped recovery & then off to Moon, Mars infinity & Beyond... Old Fiat System is Toast... HODLers of last resort will do far better than most trying to trade this event. Good Luck & let's F Go...
I think we could go lower to fill the imbalance below this weekend (Target $21945). The next step could be to follow the bear market rally in stock market for some more days to enter the major imbalance zone above (Target $26735) and finally the capitulation we've all been waiting for. Let's see how that plays out!