$CARV has a short float of 53.06%, 508,8k of 960k No options available. This looks like a squeeze. finviz.com
Dxy will probably bounce back to meet its 50/200 day emas. After that it will fall substantially.
#GME forming cup & handle Many are still buying & holding GME while its still heavily shorted (www.highshortinterest.com). A massive short squeeze might be incoming.
We are at support however it seems pretty obvious that we will have a volatile week - us election, q3 earnings, fake virus. My expectation is that we will see a drop to .382 retracement however it is possible that we could se .5 or even .618, if things get messy. Buckle up guys.
Similar patterns in all major US indices - no stimulus, election etcetera.
DXY has formed a double bottom, we will probably see this rise to at least .382 retracement. With no stimulus and further volatility coming due to the election a lot more players will move to cash.
There mostly likely will not be a stimulus bill before the election. That means we are headed down. I've shorted the N100, Initial target is .382 retracement but I think we will at least touch the .618 retracement before this is over. GLHF.
The bubble has burst in NIKOLA. The company is in a clear down trend and have a high change of bankruptcy by the year end. I will short this stock and target initial 0.618 fib.
Nasdaq is dropping to its 100day ema at ≈10600 level. DXY is still going strong. Excellent short opportunity.
DXY has reached its new support at 94.4 this will now act as strong support and i think we will consolidate around this level for att least 2-4 sessions. After that we will reach for the 200day ema at 96.
Nasdaq has gone down further than its 10,21,40,50 day ema which suggests that were in a downtrend. We are very likley to hit 100day ema at 10595 and if we break that 10240 (important fib lvl and 150 day ema) will act as important support
Sell if the price breaks the trendline buy if it keeps it. Personally i think we will break out.
SPX is on its final wave. the 5 wave ends somewhere between 3519-3600.