UPDATE #BTC levels.. A break of 35.9k opens move to 34.5k looks like it could send it much lower toward a target near 26k-30k. #Bitcoin support levels: 36,300 / 34,500 / 33,000 / 29,000 / 26,300 Bitcoin resistance levels: 38,800 / 39,250 / 40,000-40,200 / 45,800 / 50,000 The facts are: Bitcoin isn’t a good hedge against inflation when Fed is tightening. It’s...
We have been in a recent downtrend on $ES $SPX and a lot of traders are probably wondering where the bottom will be. A break back up toward 4553 and a hold above 4565 would signal that we have bottomed in the short term. That would not necessarily mean the bounce wouldn't fail to retest the lows but here are some potential bounce levels. Fibonacci levels near...
Here is a breakdown of levels I am watching after the FOMC minutes pushed major indices lower. ES/SPX gave up the trend, can turn into sell the rally event if bulls do not recover the 4745 level fast and hold (not looking like it so far,) I am leaning toward a lot of volatility. Rest of the week will be difficult and big moves up down. Downside targets now adjust...
Here we have some levels on NQ I am watching in the short term. Liquidity premium is coming off higher levels and starting to normalize. The previous upside niner could act as a reject or send it level. If you have anything to add feel free. Thanks
Tesla $TSLA has 38.25% of gamma expiring this Friday Breach of 908/900 would fill gap lower to 895. Previous upside nine from Jan 885 could act as support. 875 is a previous upside nine on the daily from Oct 18, bottom of that range is 850/843 and lower Fib support is near 815. MACD / RSI currently over sold with ATR expanding after selling volume came in after...
Upside 9er on daily chart on Friday with the start to a corrective phase cycle. Near term key pivot level is around 177, expecting the rally to fail Apple should correct back to lower levels possibly to the Dec 3 low near 160. Good luck trading!
Going over key levels to watch heading into FOMC / Dec OPEX week. If you have any questions or comments please feel free to share. Best wishes to all you discretionary traders navigating this market.
Going over key levels on the SPX ahead of the FOMC and Dec OPEX. If you have any questions or comments please feel free to share. Thanks!
Noteworthy bullish options activity in $CHWY 51c for 6/26 with some small put protection coming in later in the day. Fibonacci bb setup with bullish engulfing daily candle, post ER profit taking CHWY is a strong brand, ppl love the service... Targeting 51+ for next week, possibly eow Enjoy... Trade at your own risk. I took 20 contracts will update trade later.
If mkt bounces into this week, ETH could push to 270 area... Good luck Trade at your own risk.
See if we get a st bounce on ETH intraday or strong bounce into futures open. Overall bullish on this into ETH2.0 Good luck
Sloppy chart... Looks like a H&S bearish confirmation in the next 4 hours... Good luck Trade with curiosity not anxiety. After big wins scale back. Have targets set and stick to the plan.
I am currently holding a long term position in ETH This isn't a recommendation to buy... Just possible setup for short term, mid, and long term plays. Good luck!
Elder impulse, 10 day Enjoy...... Note that it trades below the 10 day on elder impulse red until a monthly candle turns green (circled in yellow) Targeting 264 for 3qtr2020
14, 30 weekly setup on QQQ looking back at it.... chart... For extra speculation, I added AMZN and noted it is 11% of the QQQ If AMZN has cooled and moves back to ATH along with other tech strong names... we could see ATH on the Q We filled lower gap levels, which indicates further launch incoming if buyers stay the course.. I think everybody wants to own...
I usually do not post vix trades... however After some attention was brought to me by traders in my circle.. I have an interesting comparison vix long dated contracts look to be a play uncertainty is in the air... election, virus woes, economic data coming out that is brutal, fed running out of ammo, warren buffet not buying, old large cash sitting out this...
across time frames, bulls are still the majority, we have FED printing insane amounts of money, hope is fading for fiat... pension bail outs x stagnation x hardening of btc = a very nice back drop, do not fall for the bear trap, imo you buy btc as long as it's in this range, we will see 75k bitcoin, bookmark this post! FIAT PROP UP EXIT PUMP ON US DOLLAR they...
Slight red on mkt, before more green aka VIX drops more Good luck this week