AftabAli

AftabAli Updated 

Bearish divergences on momentum oscillators signaling impeding correction. Anticipating move down to the $672 level within a few weeks. Shorting here with stop loss at $1100.

AftabAli Updated 

US10Y yield (white) and WTI typically trade in lockstep, but have recently diverged with US10Y rebounding while WTI has continued to observe selling pressure. Expecting divergence to narrow, with WTI moving higher off recent lows. Entering long positions on WTI contracts.

AftabAli Updated 

Looking for a 50% retracement back to roughly the 19300 level. Will likely be a bumpy ride up, with the first test of resistance at 18300 (minor wave A), back down to the bottom of the gap at 16900 (minor wave B), and then back up to 19300 (minor wave C). Expecting to reverse short once 19300 is reached, but will evaluate further if and when target is reached.

AftabAli

This is a long term trade which may take longer time to develop and contingent on positive price action through key resistance levels. First level to watch is the 30 handle, which is currently being tested. Break above 30 should take us close to the most recent high in Oct-2024, just below the 35 handle. Assuming price action advances past the 35 handle, we'd...

AftabAli

ABCDE correctional wave resolution -- Looking for a bounce to the 2046 level

AftabAli Updated 

Completing ABCDE correctional wave -- Targeting retracement to gap in futures of roughly 37600 level.

AftabAli

Overdone, looking for a bounce to $221 handle by October 2021.

AftabAli

This is a gift; buy with two hands.

AftabAli

Extreme euphoria in garbage stocks with negative earnings. Bearish divergences on the MACD and RSI with price extended far above moving averages. Targets listed.

AftabAli Updated 

Oversold, great spot to enter for a quick bounce.

AftabAli

Don't sleep on volatility. Bullish divergences extending from Nov 2020 are primed for an explosive move higher.

AftabAli

Strong price and volume momentum here + bull flag setup for a quick long trade.

AftabAli

This is going to zero, short at will.

AftabAli

Overdone, quick bounce trade to $34.

AftabAli

In 2019, we saw the most recent inversion of the yield curve relevant to this particular debt cycle. Looking back at the past two recessions, it's clear that the widening of yields following inversion is when stocks hit their most elevated levels. However, as the yield curve continues to widen, higher long term rates compress equity multiples and the result is a...

AftabAli

TSLA is the poster child for the current bubble. Bearish divergences across several oscillators, looking for $464 per share. Cheers.

AftabAli

Getting very stretched here. Hitting a key Fib sequence 13 + 8 + 5 + 3 + 2 + 1 = 32 ($K USD). Expecting a sharp pullback down to about $12.2K. Happy new year!

AftabAli

Huge upside potential for precious metals + miners. The miners been consolidating for several weeks now, and are running into the 200 SMA on the Daily charts. Big bullish divergences in the underlying MACD and RSI oscillators support an upside breakout. Open long call options with March expiration, and it should be an extremely profitable trade.