Hello everyone, Chem here.. Earlier this year along with the help of copious amounts of information on Reddit. I discovered that it is super blatant that TTT (ProShares Ultra Pro Short), seemingly spikes strongly into GameStop run ups. Overlaying the charts has allowed me to view and observe perfect symmetry between the two. My theory and ideals on this entire...
US30Y - 41 yr bull market in bonds comes to an abrupt end. US30Y yields headed much much higher.
same as always, just going off the liq levels. theres about one at 154ish but i placed SL below, there are a couple bubbles that need bursting at the 170s-180s marks Happy Trading Fellas!
Good evening, We have seen a daily downtrend in this market, as most of you know I work down from the higher timeframes to the lower. As we can see from the chart on the 30m timeframe we are approaching a zone where we can expect sellers. We can see the volume in the upper blue rectangle holds a lot of money, it's our job to monitor what happens when the price...
This will be so interesting. We’re about to see a large battle.. Get your calls.. get your shares.. Shorts timber’s be shivered..
Factors 1. Price has experienced a LT downtrend (Starting May 19) 2. Price slowly building a base with recent price action respecting that lower and upper trendline. 3. EMA is converging 4. There is an overhead gap at $1.45 which I would be looking to target. Possible Reasons For Failure 1. No bullish price action/candlestick pattern to initiate trade 2....
ASX:TTT Just sharing my views on TTT .AX which has formed an Inv H&S ( bullish ) pattern on Daily and has started to put on Higher Highs / Higher Lows ( bullish ). Current entry seems to be conservative with a reasonably good risk/reward. Any other thoughts?
ASX:TTT Just sharing my views on TTT.AX which has formed an Inv H&S (bullish) pattern on Daily and has started to put on Higher Highs / Higher Lows (bullish). Current entry seems to be conservative with a reasonably good risk/reward. Any other thoughts?
TTT bounced off 200ma and will test that supply trend line of 2.15.
Textbook consolidation as we wait for more signals from the FOMC. Fed futures showing no hike in March but two hikes by December, expect another leg up once subsequent meetings start pricing in. Good time to scale in.