Hmmm... Wassup here, TOSS or ROPE. Hangman. For now, the Trend is Up. For now...
12600 or bust. Up and away OR Holiday skippy Trap Trip or more Gap and Rip.
Back for more... It will need to chew thru this: THURSDAY, MAY 26 8:30 am Initial jobless claims May 21 8:30 am Continuing jobless claims May 14 8:30 am Real gross domestic product revision (SAAR) 8:30 am Real final sales to domestic purchasers revision (SAAR) 8:30 am Real gross domestic income (SAAR) 10 am Pending home sales index ...
Looking for a max low at 11500. Upside potential is huge due to an upcoming squeeze
if bad news comes ,nasdaq break low ,can touch near 11000 , we must buy there and hold it 10-15 day to high for coming days , i belive buy and +up trend will come when 1hour or 4hour chart pinbar comes , pick buy and put SL in low (looking for buy sl=pinbar low soon or late nasdaq will see 13000 then 13500 area wish you win , be patient 100% use very low size
If this isn't a bottom, it's pretty close. 5th wave could extend a bit, but it's at the bottom of the channel. Bounced off 11.7k, which is 50% retrace from Covid bottom and ATH. First target, top of the channel ~12.8k. Stop/loss 11.7k. Below here, 10.5k is 61.8% retrace from Covid bottom; ~8k would be -50% from ATH. They're very possible, but I doubt it running...
Strength = Zero Follow thru or... Watch the PCC for the CT Squeeze. psst... put buying was muted.
Roll em, 7 weeks of consecutive decline has occurred only once - ever. This week's close will be extremely important. PCC led the way - Call Squeeze indicated and delivered. The CHopsaw... well, unfortunately, it turned into the Buzzsaw. We were looking for an RT RIp to buy early on, and it became clear that event was never to...
Wake up with levered losses, Buzzsaw Wednesday. Load up into the close bruh... Stick save on Jerry who frankly repeated the same dire warnings... Buy some and.... sheep-dipped again. Oops, Wall Street's Kleptocracy will steal everything that does not understand their game. See JUN SPY Puts from 340 - 440, short term bullishness out of balance gets...
Momentum remains constructive. The trend is sloping higher. IT Support is well below. ___________________________________ Bury took a large Sell in Apple. YCC from FEd can sustain IF continued implementation persists.
Bottom in? Or is there more downside? Post your comments here. Let's discuss.
So bitcoin has done some heavy condolidation this weekend and I was for a minute thinking maybe a chance we are Range bound waiting for Futures market to open. But this pretty much spells out what will most likely happen. :( Not guaranteed 100% but it is not looking good. It was and on 4 hour is a chance but If stock market keeps on correcting, BTC ETH and the...
What's up everyone. Been a rough last few weeks as we know! We ended this CRAZY week in a DOJI and Daily Which looks to be a Long Legged Doji (Trend Reversal) We do on the other hand a have a gap to be filled at 400 levels highlighted. It could either dump down there and fill or possible gap up monday morning.. From the looks of it though with Bitcoin going down...
The NQ daily time is in a down channel. The market is just above a down Fibonacci extension price point 12282.50. Once or if the down Fibonacci extension is hit. The market could either A) push bullish back towards resistance price point 14045.50 about +6,517 ticks above the market or B) break support and continue to sell off. It will be a good idea to wait for...
Markets made their capitulation lows today. I expect higher prices from here, NQ first stop 13k.
The rush to bonds by the big funds will be breathtaking. As you may or not know I have been extremely bearish on big tech for a few months, now we are seeing that come to fruition. This chart is qqq divided by bonds (bnd etf). As this comes down, it indicates that bonds will retain or gain value vs tech. This may be the most important financial rotation in our lifetime.
From peak to trough, the CME_MINI:NQ1! -- Nasdaq Futures -- saw a 32% correction. We're at 29.9% right now. Back in 2020, it took just six weeks to flush the market down to some level of support & demand, which coincided with the 200-week moving average. For this correction, it took significantly longer -- six months and we don't necessarily have the return...
Dart Tossing. 11k's... surprise. We will head far lower into October of 2023... 3 Down ST has a ways to go in 3/1/5