My latest creation, The Ghost of 69k' Goblin Town Roller-Coaster Enjoy this chart art fun creation of thrill and adventure full of deja vu at every turn! Targets to 9k. #NFA
Huge week could go either way, betting on the downside.
Healthcare has been a safe bet this past year and is starting to look weak across the board. The sector is usually defensive, but it feels overbought. Should see continued selling. Short term PT: $320
Exxon looks to break through resistance and continue onto new all time highs. Oil has been on a down trend and the chart looks horrible, but that hasn't affected oil stonks in the slightest. Look for much higher here 125 + end of year.
One of my favorite long term holdings is looking to trade lower.
SPY looks pretty prime about to dump, but at what cost?
This market is ready to take another leg down. There's one stock that hasn't felt real pain yet. Yes, I'm talking to you TSLA, time to DIE.
Natural Gas playing out perfect IHS, $12 should come shortly.
Similar to 08 - Oil, best play in the market. Safe Plays: -OXY -UCO Riskier Plays - leveraged ETF's: -GUSH 2x -NRGU 3x -OILU 3x
Disney really looks like one of ugliest charts on the DJI, but it's close. Hard to say this goes much lower because you simply cannot fade MR. Mouse and it's fundamentals.
Really don't see how you can fade this chart rn, vastly similar to $NOW.
This stonk has been holding up for some time waiting on news that will please big investors. Only down 50% from ATH I can see some hope here, opened up some longs at $99. Small probability this follows many of it's predecessors and goes down another 50%. Know when to flip short.
If you aren't aware, general market sentiment is bearish. Everyone is aware of this, hence why my conviction for this play is stronger. Bitcoin forming a 4H and daily bullish divergence, alongside a triple bottom. One last bounce from here is very likely as I'm seeing the SPX have a local bottom. Also untapped NPOC levels that are likely going to get filled....
From now on order blocks and points of control is all you need to trade this. See you at the bottom, kids ;-)