Original_Stock_Whisperer

Original_Stock_Whisperer Updated 

This may confuse some of you.. especially if you are new but we are moving on up tomorrow....... better than spy are two plays below. You're welcome... Set limit buys ... set alerts.. but for those sitting watching charts, there is no need to waste your day away like that. What about work? What about living life? When you are 80 and frail you are going...

Original_Stock_Whisperer Updated 

I know I posted my TQQQ position... where I am buying UXVY. (green box).. my stop is right below it.

Original_Stock_Whisperer

Instead of doing paperwork.. I find myself looking at stock charts. (have to stop doing that!). I may take this one........ this is going to show up on my radar more. I am so sorry I didnt even think of this one this week. Lets see if we can hit that green box. I am looking for a bullish start to kick off the week. I think we might be able to make it...

Original_Stock_Whisperer

I think you all know what to do. I will be looking for Putin to go on TV looking like "crazy Jack" (Jack Nicholas) in the Shinning. Maybe he will have an Axe laying on the table next to him at the press conference or something? Breaking news coming Tuesday? Putin goes nuts on state tv? Best part, I am yet to see one post on here that has any...

Original_Stock_Whisperer Updated 

I will be looking tomorrow for a gap up or bull flag kind of day to send us up Monday. I am holding the long positions I bought today and giving it a little wiggle room to create that flag/ pennant if we do not just gap up tomorrow. If tomorrow we just make a run for it, I will lock in the long positions but assuming tomorrow is more of a "consolidation" day I...

Original_Stock_Whisperer Updated 

Mathematically speaking, because that is all that is behind this.. I bought the dip. I am looking for the market to do well for the next week, week and a couple of days (what is most important, is the price target). Just that lower high.... then look out, the "Fed meeting" (sense the sarcasm, I don't give two cents about the news) is going to be bad news and...

Original_Stock_Whisperer Updated 

When I saw the breakdown today and it was in the wedge and couldnt hold 428 I said, well we have to take out the 420 to the left for that lower low.... and if futures is any indication how this week will end.. I am thinking 408/ 409? It's temping to say we then follow up with the 390s (dont worry, the market is going much lower than the 390s... MUCH LOWER! ...

Original_Stock_Whisperer

Now that everyone is finally starting to wake up.. even the clueless after 2 months of a bearish chart, can we start to get some real selling please? Like maybe in March can we start hitting some circuit breakers please. Maybe just that lower high before just so we can really load up for the ride down.... Thanks Market Makers. Your help and cooperation are...

Original_Stock_Whisperer

First, remember, the green shaded box is your boundaries for this week. The market will stay in it like a good boy. Since I have a few minutes... I think we see a couple days of a grind up. Assuming that the 428 level does hold as expected to... but dont get carried away. 428 will be breaking sooner than some may expect. Just thinking a grind.. who...

Original_Stock_Whisperer Updated 

I think today ends red.... Assuming 428ish holds, I suspect we could even have a sideways/ up couple of days for that next lower high.. even possibly just chop till next Tuesday with that slow grind up. Then look out! We are headed down. All of this assumes we hold that 428 area. Once that snaps, and it will.... its a nice drop. Based on that.. my limit...

Original_Stock_Whisperer Updated 

But get used to it... its going to be a few great months ahead...... don't forget, ALT+I is your friend.................... if you don't chart on a computer before pulling it up and having alerts for your phone, then you are doing things wrong. Alerts are your friend. You should know where the bottom is for the week and where the top is. Set alerts and go...

Original_Stock_Whisperer

I am on the fly... but throwing this up here........ these are your boundaries for next week. If we really get crazy, we may come below the green box but otherwise, these are your limits for next week. Worth noting, the bearish trend continues, lower lows, lower highs... get used to that! But if you want to be a little bullish for a little upside, these...

Original_Stock_Whisperer Updated 

SPY looks like it wants that 432 if not the 426 area...... lets see WHERE WE CLOSE this week...... do we hit 426 and go flat? do we see a little bit of a "bounce" and I use that word lightly.... exactly where does that candle close....... congrats to anyone who took the 448 puts for Friday. And with that said.. I am out... I was considering closing a few...

Original_Stock_Whisperer

the 432s need to happen...... I would love to make it to 426 by end of tomorrow but even I have to admit, that might be stretching it. Lets see.. can we do this??? :) Ill post more over the weekend... let's get that "sell off Friday" going into the 3 day weekend. Remember, Russia might invade over the weekend so sell, sell, sell .......... get us to...

Original_Stock_Whisperer

I am intrigued now.... so just took 5 minutes to see how could this play out........ We all know 454/ 455 is the ceiling, so keep that in mind. And personally, that would be rather odd to get there... it just would. The chart would just look awkward but its good to just know that. We are in this "megaphone" pattern till we are not. Its going to break one...

Original_Stock_Whisperer Updated 

I expect a drop tomorrow morning, but not sure we break this range. Of course I am bearish, they are just playing their games and killing off options. Either give yourself plenty of time on options and if you are in shares, you know your boundaries. What a waste......... I was waiting for alerts and never really got any today and I see why.

Original_Stock_Whisperer

If you look up a double top, you typically get a move like this... a move up for a re-test from the bottom after it breaks the lower support before the next move down. Others might call today an "island" or consolidation or a "rectangle". If you are uneasy, sit on the side. I would not want to see it close above the yellow box if I were a day trader and in...

Original_Stock_Whisperer

What will it be. Oh Crystal ball... ohhh I have spirits coming. They are talking to me....... so you say this week is not going to go well for the little kids going long. Ohhh crystal ball are you sure? YES! Wow.... thank you so much. Anyone who wants to buy this crystal ball, I have a few left. They run about 10k for each. No worries, you can...