Hunter710

Hunter710

DXY could be forming a potential inverse head and shoulders pattern. This could be bearish for the market.

Hunter710

DXY in liquidity zone and bounces off this tend zone every time for the last 8 years. Could be a bearish sign for the market.

Hunter710

Back in January/February QQQ was holding a similar regression channel going back to October 11th, 2019. The regression channel was 2.5 standard deviation instead of 3 standard deviation that we had for our covid rally so it wasn't quite as volatile. For distribution days, usually you would use the Index to count them, but since QQQ is so correlated with NAS100...

Hunter710

Here's what we know for BTC: There are some similarities between the charts in February, right before COVID, and the charts now. Last time we dropped this far below the 200MA on the 4hr chart was February 26th. On the highest volume during the drop we were about 275% above the volume average.. When we dropped below the 200 MA on September 3rd, volume was about...

Hunter710

Here's what we know: We got to the top of our regression channel and just like every other time sold off at the top. QQQ volume was up 199% vs 50 day volume average today, giving it the highest daily volume since March 23rd. We undercut the regression channel for the first time since April 6th even though we bounced back today's wick was the first wick below the...

Hunter710

Engulfing Volume on QQQ historically we have a couple down days after this. Engulfing candle as well which indicates we may see more red.

Hunter710

Last time we had a movement to the downside this big we pulled back to the top of our regression channel which is right by the 50 day EMA

Hunter710

I came up with this theory with Apple and back tested it with Facebook to see if it would come to an are of significance again like it did with Apple. If you take the average price drop between the last 2 major corrections, 2018/1029 and the beginning of coronavirus pandemic, you get about 90.64. If you subtract that from Facebook's top at about 250.1 you get...

Hunter710

There has been 2 major corrections in Apple since 2019. The first correction from October 2018 to January 2019 it dropped $90.75. The second correction, the beginning of the Corona virus pandemic, it dropped $117.37. If you take the average of the two corrections and subtract them from the all time high, that would be a retracement back to the 21 week moving...

Hunter710

Since 2018 Microsoft has stuck with it's 21 EMA. After extending a bit there is a bearish engulfing pattern on the weekly chart. Microsoft Looking to retest back to the 21 EMA

Hunter710

When there is a bearish candle pattern in the weeklies with Netflix it usually runs the same length of time and same amount of retracement.

Hunter710

Costco has been in an ascending channel since 2017! Long Costco!