Background: lots of talk about BTC cup and handle pattern Image: BTC and ETH side by side Movement: crypto goes big to small cap regarding movement (except ADA seems to usually be first legit move) Plan: classic upward play once handle breaks
NVDA: watching the momentum (rsi) along w price action Why : it made a huge run up; always be careful getting in later in a run Arguments: bull pivot: NVDA holding >140; this is a monster - so many position traders and investors have made great runs just playing & holding this bad boy bear pivot: 3 possibilities 1. island gap at the top - gap up and then gap...
It’s go time. Looking for long swing on this play. Big $$ no whammies.
spy is really likin it's inverse h/s these days. russian dolls...just one inside of the next. there have been upside, downside, along the path, etc. sometimes they play out to the head, sometimes the last shoulder. will stay the course until she shows a change. just keep swimming
using the stick to measure full candle top below the gap; estimated R shoulder is 430 for inverted H&S.