AudiSwingTrader

AudiSwingTrader

MACD on daily looking to reverse, RSI has been in oversold territory, this is just on a daily though so not necessarily a guaranteed reversal but it seems to be getting support.

AudiSwingTrader

Please see my previous post explanation my thoughts, this is a wider perspective. Didn’t like the image it showed on my first post.

AudiSwingTrader

I’ve been trading this market for a while and associated Chinese stocks, looking for 25000 to close Chinese long positions. Still could be bullish over long term, just thinking short term there could be a pullback after hitting 25000. Always tempting to hold longer but trying to manage risk and book profits as some point. MACD and RSI on weekly reaching overbought...

AudiSwingTrader

10 & 2 year treasuries just uninverted after a long time being inverted. This is occurring right as unemployment looks set to increase to 4.5% and above. Expecting more market panic and this may potentially be the first clear signs of a recession. VIX quite high and market may be creating some of the first lower highs in a long time, indicating a bear market.

AudiSwingTrader

10 year looks to be heading to 5 or 5.5 %. MACD and RSI showing upward trend on weekly still. Upward fib extension looks to retest previous high or beyond if Fed doesn’t lower rates anytime soon. Looking for CPI prints to see whether Inflation is going back up which may impact 10 year and I believe the market will continue down while 10 year heads upwards so I’m...

AudiSwingTrader

MACD & RSI crossed up on a weekly, price action confirms reversal, long till resistance!

AudiSwingTrader

Market is still trending down, clear resistance point for a short down to 360.

AudiSwingTrader Updated 

Wider perspective from previous post

AudiSwingTrader Updated 

Triangle breakout to next fib level at 55. MACD R RSI are up on weekly, may break to all new highs past 60.

AudiSwingTrader

Triangle breakout to next fib lvl at 60, strong uptrend.

AudiSwingTrader

MACD & RSI on weekly crossing up, broke the downtrend and is getting some volume. Price action confirms break upwards, will see how it tests fib levels.

AudiSwingTrader

SPY looks like it's in a triangle, if you draw point A at 415, point B at 420, point C at 418, point D at 420, makes a triangle for support at 419 then breakout June 1 on 30 min view

AudiSwingTrader Updated 

Tesla got denied again around 700 today, may head down to 610 area by April 12 and complete the triangle breakout around 420. What do you guys think?

AudiSwingTrader

Starting to notice a trend on solar stocks, building support along trend lines and MACD is starting to flatten out on weekly view, indicating a reversal pretty soon. These were the first to start underperforming when people went to value stocks.

AudiSwingTrader

Watch that margin, definitely appears to be a bear market for now.

AudiSwingTrader Updated 

Got that head & shoulders, as well MACD is heading upwards on all time frames. Today would be a make or break, but the Fed isn't going to raise interest rates for a while. I could see it heading up to 800 - 900 resistance area, however will want to consider how Volkswagen can impact sentiment on Tesla. I just swing trade so looking for around a 30% gain in the...

AudiSwingTrader Updated 

This rally has been holding up strong, could definitely become overbought after 4000, going to start reducing exposure around there. Definitely concerned about how bad the next drop could be. Make sure to watch that margin everyone!

AudiSwingTrader Updated 

Potential consolidation at 4050, and a worst case drop down to 3800. May want to reduce exposure around 4050 and definitely reduce margin and take some profits around then. Be careful especially with that margin!