Stocks will go down because they are in a downtrend. This is not hard to understand.
NQ clear double re-distribution into 200DMA & Weekly supply. Not sure why so many people are bullish. Balls deep short.
Key support I'm looking at as a TP on shorts. Confluence with some HTF Moving averages.
MS Break in micro structure, retracement into 79% of range. Scalp with TP at relative equal lows.
BTC had a run yesterday which ruined the party, now took out high and getting short signals
Laggard of the crypto Market. Zhu mentioning bullishness peak risk off is all you need to know.
If SPX manages to retest the range where it broke down from, would offer a nice entry for a short with invalidation above 2936. I shorted higher up, and am looking to add to position if we get it. Far out target is low 2600, maybe even a quick panic dip below there that will get reclaimed within a few hours.
Shorting Bitcoin. If this gets stopped out, will short higher up in the distribution zone
Retraced to the 0.618. Looking for 800 -2500 pip move
Weekly close below 6612.5 is bearish, and if we lose that as support expecting us to break the 2019 low. Now consolidating and seems to be finding support, at most expecting a rally up to liquidate late shorters. Weekly close above 8317 would open up a possibility for a test of 9k. Ideally we see a pump to 8K and then a rejection, to ride the Bitcoin...
Similar structure to accumulation at 3-4K. Thought it was worth a shot. Target is arbitrary.
Classic fake-out upwards of triangle then dump. What's key to look for is if we hold above 5768.1. If it finds support above that level, it opens up the possibility for short term bullish action.