There is a lot of room form 415 to 390; 390 looks likely. Watch price action around 390. This is the Cash-in/Cash-out report free open source on tradingview.com. Currently, we are seeing two days of rolling sum of cash into and out of the SPY market (User length on CICO Report set to two) watch price around 390 and decide.
Long SPY is looking interesting. However, Bidenflation is in control. Do you trust Joe Biden or technical indicators? Please let me know!
We are looking at the BTCUSD weekly with the Cash in/Cash out report applied. The report is set to two weeks. We are seeing two weeks of the rolling sum of cash into and out of the market. BTC technical analysis is limited but I see a long opportunity towards 30k. I am long BTC starting tomorrow. Let's ride friends!! Check out the Cash in/Cash out report on...
This is the weekly SPY with the Cash in/Cash out report applied. The cash in/cash out is set to 4 as the input. We are seeing 4 rolling weeks of cash into and out of the market. Price action around 400-405 strikes are critical. Let's wait and see if the bear market continues or the reversal occurs. Check out the Cash in/Cash Out report here on tradingview.com....
This is the weekly chart for Bitcoin. The chart has the Cash In/Cash out Report applied and set to 12. This means we are looking at 12 weeks of the sum of cash into and out of the market. There has been very little buying on BTC lately. However, between $19,000 to $20,000 there is a very valid support being tested. There was a strong peak in price back in late...
This is the SPY daily with the Cash in/Cash out report set to 10 on the input. This means the indicator and chart are showing 10 rolling days of sums of cash into and out of the market. There have been more positive days than negative and a possible head and shoulders bottom appears to be forming. However, the price is still within the negative trend channel. Pay...
If I were still trading, which I am not. I would invest in long 200 call options on USO. I am considering opening an options account and investing in long call options with a strike of 200. I would use the price of the long call as my maximum lose tolerance level. Meaning, If my max risk per trade was $150, I would buy (long) a 200 strike price that would only...
This is the monthly USO chart with the Cash in/Cash out Report applied. The Cash in/Cash out report is a free and open source indicator here on TradingView. However, since Tradingview won't allow me to give a direct link to a free product on their own site, you will need to understand how to add an indicator to your chart. Please post comments if you want help...
This is the SPY monthly chart. I have greyed out all of my colors on the chart. Then I apply the Cash in/Cash out report to color my chart. The indicator is free and open source here on Tradingview. When the indicator gets 1000's likes, i will turn the indicator into a free Android and iOS app. Indicator and instructions can be found here This monthly view of the...
Weekly shows more of the short on the SPY. Please do not buy the SPY right now. Have a look at the Cash in/Cash out report, a free open source indicator on this site Let me know if you have questions on usage. If the indicator gets 1,000 likes, it will become a free iOS and Android app! By the way, this negative movement is worse than Covid1984.
Lot's of positive stock action. I am sorry, i mean lots of supreme court distraction. Market movement still fake news until massive action above 400. This is a visual with the Cash in/Cash out report applied. The free open source indicator can be found here If the indicator gains or saves you money, give it a like. If the Cash in/Cash our report gains 1000...
USO broke resistance. Gas holiday? WTF is a gas holiday? I have no idea but it is changing prices of everything.If the CICO report gains 1000 likes, I will turn it into a free IOS and Android app! Give it a like!
Pay close attention to the macro trend lines. Price action around these macro trend lines should tell you if trend reverses; it did not reverse today. I have the Cash in/Cash out report set to 10 days in this example. The indicator quiets market noise, today was noise. Give the indicator a like if it makes or saves you money. If the indicator gets 1,000 likes I...
Upward resistance met and rejected between 375-380. Pay attention to price action near support and resistance, it will give much information.
This is AMC 30 minute chart with the Cash in/Cash out Report (Ci/Co) applied. With the Ci/Co set to a user length of13, it gives us 6.5 hours of data ((30 x 13 = 390)/60) = 6.5. I have selected 6.5 for two reasons for this time frame (each time frame user input is independent of other time frames when using the Ci/Co). 1. 6.5 hours is a full day of open market...
We broke 370 today which now becomes upward resistance. The next level of support I see from macro trend analysis on the weekly SPY chart going back to 2018, is 350. These levels of support do not look strong, meaning many tests at that price range have not happened. This visual has the Cash in/Cash out report applied on the weekly chart set to 5 as a user input....
Today's action on the SPY was noise. The Cash in/Cash out Report was built to quiet market noise. Check out the free open source indicator here Give it a like if it helps you make money.
Pay attention to price action around the 170 and 140 price range, these are the major supports I see.