Looks to me like SOXS will pump into FOMC around $28 So the SOXS entry would be $24.85 with a stop under $24 exit upper $27's to $28... The 2pm SOXL entry would be somewhere around $27.50 stop under $25.50 exit around $32.50... 30% total potential tomorrow alone. 100 shares both ways has a $800 potential gain with a $300 potential loss... This is what...
But I'm in! Stops set! $27.90 target! SIZE MATTERS! (That's what she said!) TOO BIG = PAIN! TOO SMALL= NO BENIFIT! Just right in the middle...
Looking for a $23 entry with a $21.75 stop with a $27.86 target... Between now and Fri... Scalped $225 on SOXL this am... Good start to the week... PATIENTLY WAITING FOR THE PROPER SWING ENTRY...
My 47 year journey has led me to this conclusion for my investing thesis. The four $'s... Always SAVE cash!!! Getting out of debt and having an emergency fund and cash to invest is the most important thing you can do! This should be about 10% of your income weekly! Always STACK a portion of your income and NEVER sell... My 4 choices would be 70% VOO 10%...
Inverse head and shoulders. Another trip back to $25.85. Then breaking out of this region Q4 2024... Retest this region in 2025... Real breakout TOWARDS $100 will be in 2026 IMHO...
Luring in longs... Dumping inventory... I would be VERY CAREFUL! Set stops!
Bottom may be in! $26 looks like support... Let's see what happens.
$25.08 Tomorrow morning most likely. Bounce into resistance. Then lower...
Gold profit taking... =SILVER accumulation IMHO... Time will tell the tale... Pink lines = speculative 2024 yearly candle close.
Think again is all I have to say... Looks like 18 months down to sideways from here creating a bullflag on top on the inverse head and shoulders breakout after the target of pattern was hit. Press play in 2026...
That's just excuses for those who can't ChART... The pattern was clear as day ... TIMBER!
SOXS pump... News draws volume. ChARTs predict direction. SET STOPS IN CASE!
The whole thing is run by computers nowadays. THERE IS NO HEDGE AGAINST ANYTHING! It all goes up down and sideways. Pretty much with one another. Today. Commodities, Stocks, Bonds, and Crypto. Long. Short. Long. Different %'s... But all the same move. Pick your poison. Master that ChART. And trade it...
Drop it like it's hot! Potential 15% SHORT from here.... BEARISH DIVERGENCE ACROSS THE BOARD...
Let the trade come to you... FRI 13th... 22.50ish TWO 2024 pumps left in the tank IMHO... Breaking out of this bullish broadening wedge is inevitable. Everything is on the ChART... Good luck...
It was hard not to get excited. Everyone can see the HUGE cup and handle on the macro ChART that *WILL* play out in time. There are two schools of thought here. For the physical stacker... Of which I am one. Hey more time to buy cheaper oz's. The price when it leaves this range WILL NEVER come back to this range. This is a no brainer 3x trade (EVENTUALLY)......
Look left... Project right... The stars seem to be aligning. Time will tell the tale. I wanna say crazy numbers. But reality is that at $3500 an oz is like a 20 trillion dollar mkt cap... Silver at $159 is like a 6 trillion dollar mkt cap... They would be #1 and #2 assets across the world by LEAPS and BOUNDS... Hard to project much more ridiculous...
Was the last time the Silver and SLV ChART looked EXACTLY like does on the MONTHLY timeframe. And it pumped for 8 solid months with one small pullback in January 2011, from exactly AUGUST 2010 to APRIL 2011... It may cut right through overhead resistance. (using past bars as speculation that history repeats). There's hardly anyone left to sell from back...