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Im surprise that Russell has not gone down or at least give into a healthy pullback to 190. There are so many stocks in this ETF that are trading relatively high to pre-covid prices. This ETF is juiced up with fed money. Its unbelievable! Sooner or later its gonna want more? More stimulus money, WTH? Why not? Three weeks ago the uptrend channel was broken...

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As noted in my previous ideas about $SPY (bearish), $XLF, $XLI, $IWM, $XLE might be the catalyst that leads the markets higher. $XLF tapped the 8day EMA twice before going back to positive which to me shows resilience with a market that has no sense of direction. A nice hammer doji before breaking off into Memorial Weekend. XLF might try and tap the upper band...

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Theres a saying that SEMIs lead the market. $SMH finally broke an upper band trendline that took alot of work to do because of very little volume. Its tired and wants to rest. This is an important test but bids need to come back. Will June be the month when buyers pile back in? My gut tells me we hit 252 this week then break down again or at least stay above...

CTRLZEEE Updated 

Today was an anomaly that reminded me of times when there is so much shit going on that you just kinda went along for the ride, grab a pack of beer, and say fuck it. When we gapped down so far in early morning trade, I knew that if the down trend is to continue, the market has to fill it now and not later in the weeks to follow because I have a hunch that we are...

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For 2 weeks now I've been bearish in the market. There were so many signs pointing that we are headed lower to test, I mean literally a giant correction like SPY back to 340-360 range. There are so many stocks that are trading 2 to 3x their price pre Covid! Stimulus money in the market. Billions lost after Crypto crash. Reverse Repo. Somethings gots to give....

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MACD has crossed. All the talk about inflation is irrelevant. Since everyone is in the sidelines because of inflation fears, the contrarian play is to get in and enjoy the ride! Just make sure you hedge in GOLD.

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As previously mentioned in my outlook of SPY , the best way to play this is ticker GOLD. Barrick recently breached the 200 day MA and is currently resting here. Today it traced back down to 200MA and went back up. There are buyers here waiting to see what happens. If you read my SPY idea, you can look back and see what happened around the end of 2018. Gold...

CTRLZEEE Updated 

BTC exhaust bulls as institutions watch for a pullback to 42k quickly before finding bids once again. 48k to 60k is a bulltrap. Overbought conditions and lack of volume makes this ripe for a bearish turn. Elon Musk's SNL debut marks the highs for crypto for the time being.

CTRLZEEE Updated 

Elon's SNL debut sparks TSLA bidding. Maintains a bullish trend. Shorts get squeezed @ 720. Nasdaq on a two week run up to test the highs.

CTRLZEEE Updated 

As I previously mentioned on my SQ analysis, Semis have been hit hard regardless of great earnings. With semis currently oversold, I see semis run up for the next two weeks along with the likes of AMAT, TSM, QCOM, NVDA, ON, and IIVI. AMD beat earnings and has been taking INTC customers for the past 2 years. INTC is in panic mode trying to regain back their...

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FEDEX and UPS have moved up alot in recent days along with some other dow transports. Airlines have lagged behind with no bids. This week, look for Airlines to move out of oversold conditions to move Dow higher. News will break out as passengers return to flying domestically. Volume will pick up accordingly. Breach 46.70 with volume, look out 52!

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SQ has been hammered along with the rest of tech/semi/fintech for the past 2 weeks. With IWM classic bounce off upward trend line with volume and SOXX reversal due to oversold conditions, I can see tech and semi bounce this week for a bull run back to highs. Energy money will flow back to tech while it rests due to overbought conditions and job numbers being...