Jlucas02

Jlucas02

This one is really straight forward and its the only type of setup I really love to take. Nasdaq is a clear buy on the weekly and has formed a higher low per the weekly chart and started its race back toward the highs made at 20800 or so. Weekly setup in effect -- SL 19025 -- Below weekly open, Targets: TP1 19980 TP2 20080 TP3 20200 TP4 20300 TP4 20440 TP6...

Jlucas02

As you can see, Bitcoin has broken the daily/weekly zone at 46-48k long ago and established clear support in the 50k range. Above the recent local high there is a clear gap to the previous local highs of the Bull run in 2020-2021, starting with 55k and stretching to around 60k. The opportunity stands now with a nice move to the upside just finishing, followed by...

Jlucas02

I am positioning a sell stop below 38160 targeting a SL of 38250 and targets below us at : 38040 - Key support level 37980 37900 and 37830 This is in respect to the lack of bullish momentum we are seeing above 38200 and continuous rejections on the lower timeframes below my 50/100/200 day EMA setup. Forming bearish flags on both the 5 and 15min Time Frames. Now...

Jlucas02

Previous buy signal from BTC at approx. 41.8k went very well. Reached as high as 43.8k. However, a major sell structure has formed itself on the daily TF in the form of a large head and shoulders pattern. It is a good idea to take profit now or move SL further into profit to secure previous long entries. I am anticipating a revisit of 40k. Our Daily MACD is also...

Jlucas02

There is currently a major buy opportunity for US30 as we have reached a key support level and are just above the weekly open price as well. Looking to buy to the levels above as we aim for upside liquidity. Please revisit 12/20/23 to observe the same move. SL 38050 --Aggressive. Conservative SL : 38080 Targets: 38280 38340 38400 38500

Jlucas02 Updated 

Tomorrow is the BLS round of this weeks jobs reports, NFP. So far we have seen lower than previously reported ADP NFP numbers, and higher unemployment numbers than previously reported. I would have to assume a lower than expected and previously reported NFP report for tomorrow. This may be considered bullish news in accordance with the Fed Agenda to slow the...

Jlucas02 Updated 

Afternoon, a week and a half ago I posted an idea with targets starting with 32500 and also provided a good entry and signal in the comments with good interim targets. Several which were hit. We will note that us30 has broken out of a bearish parallel channel on the weekly but appears to be headed back toward it where we may see either A. a retest or B. A break...

Jlucas02 Updated 

Bitcoin recently broke to the upside for a retest of the key support area of 18500-19000 and received a swift rejection. This area also coincides with my 50 (blue) and 100 (red) day EMAs as well which serve as moving resistances on our way down. Below current prices - 16400 is a key area of support that once broken could open the door to 15700 and targets below....

Jlucas02

Hello, I and my team have been shorting the nasdaq since 11270 with a Stop loss of 11550. From the weekly time frame. Observe the rejection on the weekly of the downward trendline to keep Nas in line with the parallel channel. Also, the Weekly MACD is crossing down as well. This is still a fresh macd sell signal. In addition, my weekly 50,100, and 200 day emas...

Jlucas02 Updated 

US30 has fallen on news that Powell and the Fed are keen on continuing rate hikes into 2023. The data given last week- from our CPI report and the following rate hike of 50 pts does have a silver lining - CPI is reporting lower than expected and the fed has reduced the pace of the hikes. However, Powell noted well that although the pace of the rate hikes is...