Macks_MoneyTree

Macks_MoneyTree Updated 

I'm expecting a retest of supply around $407-$408.20. Otherwise, I'll be expecting a retest of the broken $403-$404 supply. If we start to reject and stay under this 2nd level, I'll be waiting for $400. If we can hold and break above $408.60 next week, I think the next stop is to retest $410, where we are likely to face some strong resistance. Left Chart...

Macks_MoneyTree

QQQ has retested $287 and 4h wicks look like a reversal. Looking for longs above $289.75.

Macks_MoneyTree

I have been waiting on a retest of $397, but we could breakout and make it to $403.50+. I’m leaning towards bullish.

Macks_MoneyTree

Once AAPL broke $128.65 last Friday, I've been patiently waiting on a retest. Today at 10:45 we retested, dipped below level and reclaimed it and then retest it again at 12 and has a strong upside move. With this context, the rejection wicks on the 1h candles and the fact that we've broken out of this channel that apple has had for a few weeks, I am anticipating...

Macks_MoneyTree

15m chart below and we broke above $130 at market open but we wiped all the gains and ended right at this key psychological level and 50 SMA in anticipation for Powell tomorrow and CPI Thursday. If we hold $130, I’m expecting a violent move up. Otherwise, since we have reclaimed this $130 level and closed at the lows, I’m expecting more downside kicked off by...

Macks_MoneyTree

On the left I have a 15m chart and right, 4h chart. Being as though Mondays have usually been rough for the markets and we have Consumer Inflation Expectations for December being announced at 11 AM EST, I'm thinking the markets opening green could be a setup to force some downside momentum. I believe if we can hold under this $389 area that we can retest around...