The
Great long opportunity incomingkeeping this quick
Red pencil line represents a quicker move than anticipated. This is if energy holds strong however I dont believe this line will play out.
cyan line represents a more realistic accum session. this is because I dont believe we will have very long around 430+, therefore the pre accumulation will trade lower than desirable.
Gobble up anything below 400 for this one. Ride er up
T1 436
T2 443
T3 450 OBO
XBTUSD Long entry play intraweekHere is how I will scale in my next long entry on XBTUSD, you decide the %weights but I like to double-down so if first bid is x then 2nd bid would be x² and 3rd x³... Max loss per position is always 5% of trading account so set your stops/leverage accordingly. I'm hard stopping this position right under 10k. Best of luck everyone!
Owens and Minor Long AFThis is a stock with strong fundamentals. There are a few key things about this one.The true bottom should be the 30 week MA at 4.50 and that would be amazing getting in at that price but... I feel like this stock has held up pretty well in the recent whiplashes in the S&P 500 and more importantly the 30 week moving average is pointing it straight up so I believe this will not drop any further. If it does, then capitalizing on the drop by buying it would make sense, assuming the market itself isn't taking a shit. Furthermore, you can see the MACD signaled this a few weeks ago, I love the MACD community indicator by ChrisMoody because it shows you a green or red blob when it crosses over. Then promptly after the MACD signal, the RSI crossed over on it's average and it's now centered. I think this stock has the momentum to push up rapidly in price. It's hard to say but around 13-15$ seems chill for a short term sell goal.
Tesla abit high and JPOWs printer is turned off until 13thLook at that EMA cluster of normal calm range and this borderline parabolic pump.
The Desk plans to conduct overnight repo operations on each business day and a series of term repo operations. The aggregate operation limit of each operation is $500 billion and proposition limits are $20 billion per bid. Each operation will settle the same day as the operation date unless otherwise noted.
Scheduled: Monday, 7/13/2020
Same for spx/nasdaq, I guess we short here until we break above ATH and cut our losses and buy calls if that happens. The current ATH level becomes new bottom and buy calls until that breaks and short everything if we go below cause recession is here
If I were Trump id send Powell a text to change inc on the printer and take a break, let the market correct itself abit(fibo, ema, volume sup/res all valid) and when its close to the election turn the printer on.