DaddySawbucks

DaddySawbucks Updated 

Clear Bear Signal on 14 Apr, engulfing candle in NQ ate up every penny earned on 13th, a twin tower. Volume declining, RSI Overbought. Bull trend is intact, IMO gonna retest the breakout point and consolidate bullish power before moving to ATH in late April > early May. A real correction to emerge later in May > June; then a summer rally. ERs will drive it now,...

DaddySawbucks Updated 

Every major top ended with the parabolic, a vertical unsustainable spike, delivered on an exhaustion gap. Overlay from Aug > September fits perfectly... expect a gap weds or thurs to terminate in blowoff around 4200. RSI went to 88 on 2 September. Closed at 77 Tues... still room to run higher into overbought zone IMO. Trade at your own risk; GLTA!

DaddySawbucks Updated 

Overlay of last weeks' runup on this lateral consolidation move leads to 4130 by Friday. See if it happens. No position; waiting. Happy noise from Fed Powell could be the catalyst. If it fails, this price zone will be a mesa top. GLTA!

DaddySawbucks Updated 

How high could it fly? Expecting 4130-4144 tar. Maybe it already topped? We'll soon find out! The megaphone is ominous, could get correction back to support at 3800, or less, if it plays the horn. Not investing advice; trade at your own risk; GLTA!

DaddySawbucks Updated 

Companies get sued all the time. They hire gangs of lawyers and negotiate settlements, the shares recover, the business grows. Bouncing off support here, pretty clear buy signal at end of impulsive bear move. I'm buying for kids' college funds and calls in my trading account. Not investing advice; do ur due diligence please! GLTA!

DaddySawbucks Updated 

It always ends like this. Overlay from final wave 5 rally into 2 Sep. Just something to consider before you go full bore shorting this. Finding the exact fit to this week's rally was quite sobering. April is usually very bully and we're coming off a very Beary period since mid-Feb. The overlay suggests end price ATH at 4446. IMO a Big Bullup may well occur....

DaddySawbucks Updated 

I wouldn't go long here yet. Wolfe projection suggests tar price in box between 3700 - 3810. After that; to the Moon. Overlay from October correction second wave fits this one pretty well so far. Sell the rallies! GLTA!!

DaddySawbucks Updated 

No idea wth this thing will do next, made bank playing the sells, the rallies have been surprising and shorting overnight is fail... IF this is a bottoming IH&S pattern, the rally up here will be something fierce IMO, don't get caught short! GLTA!!

DaddySawbucks Updated 

Chart shows it. RSI, MFI in DT. Short the rallies IMO. Overlay from October. Not investing advice, trade at ur own risk, GLTA!

DaddySawbucks Updated 

Based on previous price moves, these selling waves last from 3-5 days sessions. Yield inversion has tanked techs, selloff could intensify. (overlay from 2-5 Mar) BUT; If this holds, expect a smallish bounce 19 Mar, more selling on 22 and pivot to long entry on 23/24, as it did last year on those dates. NOT investing advice; trade at your own risk! GLTA!!

DaddySawbucks Updated 

Stim bill passed; but it will be the last such bill; sell the news, usually. If the bulls want to go ATH, here is the path! Trade at your own risk. Buying calls didn't work so well today, stiff resist, kept batting price back down, always a sign pivot is near. Gonna pullback soon IMO; lets see how far and where it pivots. GLTA!

DaddySawbucks Updated 

Sell DJI. Correction imminent. Trade at your own risk, GLTA!!

DaddySawbucks Updated 

Trade at your own risk, GLTA!!

DaddySawbucks Updated 

Overlay From high 03 October 2018. Just a thought, not trading advice. NQ getting hammered... GLTA!

DaddySawbucks Updated 

Chart says all. Bear Trap forming, don't get caught! Indicators are rising, probably got a retest dip to the TL and then bounce like mad. Be ready! Trade at ur own risk, not advice; GLTA!

DaddySawbucks Updated 

Read the chart. Not investing advice Trade at ur own risk, GLTA!

DaddySawbucks Updated 

Chart says all. IF price follows Jan pullback form, we gonna get a strong bounce to new ATH from here. Else; The End... NB: An EW impulsive wave completed in MFI outflow on 2/25; RSI could bounce from its TL here, might be a Bear Trap. IF price is in Bear Impulsive Trend, ship is goin down bowfirst. We had both Bear and Bull traps twice this week already! Trade...

DaddySawbucks Updated 

Chart says all. I do not pretend to know WTH is gonna happen tomorrow, can't even see 20 seconds into the future fgs. IF this plays like I think it might, gonna get Beary Ugly PDQ. See divergent indicators; the major indexes also diverge, DJI at new ATH while this struggles back to the breakout point. Gonna reject under the TL IMO. I'd short this in QQQ March...