JamesMBee

JamesMBee Updated 

Pardon the clickbaity title. I pulled the stats of average bear markets off of a youtube video I watched a while ago, and studied how the average bull market looks when it begins last week, went through all the dow charts, spy and qqq charts Basically, our current monthly chart looks nothing like the beggining of a bull market. Volatility is way too high, no fund...

JamesMBee Updated 

Exhaustion, Range, Breakout Could work. When uvxy worked in covid it did 800%. Even if this does 20%, to take a shot at something like that with a 4% stop is quite reasonable IMO.

JamesMBee

I wont trade this but its a good setup. Gold can be gappy and I really dont like those. Ill watch it to see how it plays out

JamesMBee

Really nice. Can do 1k% if we get another covid situation. Yield curve suggests we might

JamesMBee

This is a really nice long setup, with everything else breaking down

JamesMBee

DRV is setting up, could end up making a 20%~ move from the current print

JamesMBee

NRGD can make huge moves, the sector has been extremely strong for the past year by holding near the top of its range (most things havent done that) In bear markets, everything falls, and typically oil stocks get absolutely hammered. ''08.. ''20.. As a result this has the potential to be a great trade.

JamesMBee

XBI has been super weak lately, and in our earlier decline lead the way down. On the whole I think its a garbage sector RN with the amount of uncertainty in the market and the fed raising rates. The chop it's experienced in the past few months is textbook bearmarket. No one wants it, but everyone's too scared to sell too. Regardless, technical setup is same as...

JamesMBee Updated 

So, I recently took a trade in NRGD because it's a standard momentum burst setup on the weekly, and had a nice daily weak structure setup built into it. Recently, we've come to see the GDX, Gold, Silver & Usoil have all broken down, in conjunction with DXY breaking out, off of a failed breakdown. This is a result of the US Jobs report that came out. Ultimately im...

JamesMBee

This is ARKK. It looks like it's about to go parabolic, inverted. This is brilliant, SARK would be the trade here.

JamesMBee

this is spy. Its building a setup that will allow it to break a multi month range if it breaks out. This has the potential to be very, very large. The type of trade youd follow with a moving average.

JamesMBee

This either leaves room for another bounce, or a great short setup. We will see.

JamesMBee

SP500 has built two back to back exhaustion setups. In conjunction with IWM , QQQ , TSLA , etc. This is extremely bullish for the next few weeks. Overall, my anticipation is that we get a few weeks up, cross the 200 day MA to chop a bunch of people out and then crash. This is vindicated by both the current setup, and the average bear market returns and end dates,...

JamesMBee

This is a really, really nice breakout. The problem is that tomorrow the fed posts CPI, and the day after they decide the fate of the market. But man this is incredible. I'm in all cash currently. My previous position was BULZ, entered at 25.2 with my whole account. Decided not to hold, as it really should be up 10%~ If it were to be reasonable to hold it into a...

JamesMBee Updated 

off we go soxl is a good breakout this damn website requires a bigger description. Its TA. Its brief in nature.

JamesMBee

this is a good breakout Will see if this has followthrough upcoming days to get a feel for whether or not breakouts have followthrough.

JamesMBee

5 star breakout Will see if this has followthrough upcoming days to get a feel for whether or not breakouts have followthrough.

JamesMBee

this is a good breakout Will see if this has followthrough upcoming days to get a feel for whether or not breakouts have followthrough.