The market seems to be heading back into a bullish direction. Im looking for SPY to break $429, if this happens I will enter a Call and will be looking to take profit towards $437. If SPY doesnt break $429 and instead creates new resistance then I will be looking to see if SPY goes back into the $420 - $424 zone. If SPY enters that zone and breaks the $421 support...
Looking for SPY to enter green zone ($381.3 - $382). $384-$385 is looking to become the new resistance, this is where I entered. My contract expires 7/13, going to try and squeeze some profits tomorrow morning and take this to $382. Also seeing a rising wedge pattern along with a triple top, for those reasons I am strongly biased on Puts.
Entry at 1.02010, I have 3 different TP's set up. Looking to cacth 40 - 100 pips.
Looking for spy to break 407 resistance, once this occurs I believe we will see a move towards 409-412.
Buying in on US30, I see a bear run coming up towards 33000 zone. Along with US30 we will probably see a rise with SPY, QQQ, and BTC.
Im speculating that Bitcoin will make a short rally into the 34-35k zone. Once it hits this zone I believe we will see the bears takeover, this wedge setup that is being created backs up my idea. Along with BTC rising to 34-35k, we will see a short increase in SPY, QQQ, AMZN, TSLA, and other major companies. After this short increase I honestly think the market...
BTC to 28k this week or next week? Im expceting it to crash down this week.
QQQ has been in a downtrend since the start of April along with SPY, BTC, US30. The market is clearly crashing, I believe QQQ will fall to $285 - $293 zone and create a small rally after. Im looking to pick up QQQ $288 Put Expiring 5/13, the current price of the contract is going for about $245-250. Once QQQ hits my zone I will then look to pick up some short term calls.
Looking like SPY is creating new highs at $413 a share. Im speculating that SPY will reject this resistance and trade into the 406-408 zone. Thinking im goign to buy some Puts for SPY. I will update when I decide what put play I will get in
Looking for a Rejection off 332 then trade in 325-327 zone. Or Rejection off 329 then trade in 322-324 zone.
Bitcoin seems to be riding a new down trend, I think BTC will fall to 37k within the next 1-2 days. It could possibly even go down to 35.5k zone in 2-4 days. I've been tracking BTC since its rise on March 14th, my bias is short I expect it to keep dipping. If Bitcoin does continue to dip down towards 35k I think bulls will then eventually take over and create a...
Another wedge setup, this time I am suspecting a short. Nun major
Speculating that ATER will break 5.20 resistance and move up towards $6 a share. Im looking to buy a $5 call option expiring 4/29. A perfect wedge is being set up, good buy oppurtunity in my eyes.
Speculating that QQQ will create a new support line at 312 area. Once this support is created I think QQQ will receive more buy orders and the bulls will take over for a short period. Im thinking price will rise towards 322 area. However QQQ responds to 312 support will determine if I will be buying call options. If QQQ breaks 312 I wont decide to get in. If I do...
Looking to buy Call options for RIOT. Depending on how BTC reacts to 38000 resistance level will be the determing factor to if I buy these call options. If we see a break at 38000 then RIOT will more then likely trade down to $10 a share, this is where im looking to buy in. However if we see a reversal at 38000 then RIOT will likely trade into 11.5-12 zone. If we...
Looking for QQQ to bounce of 318 and retest this restistance. If I see a reversal at 318 I will be buying call options that expire 4/29. If this goes how I predict then I will be looking to sell my option contracts in the 324-327 Zone before the contracts expire. Depending on how QQQ reacts to 322 resistance will determine my exit.