Every now and then, 'they'll pull a surprise half day rally. It's design to complete some orderbooks when no one is looking. Not the only reason of course,but it helps when volume is low to help market makers shift the market to their benefit easier. That said,I'm not going to be going too frenzied after the 273 attempt tomorrow,price now 271.84. I've seen the...
This is a short term trade. to specify, short term meaning no more than 2 hour trade(Perhaps max) I'm pretty sure we break above the close Tuesdays 152.95. The quicker you are in the morning, the better. Hopefully we get a quick bounce off of 152.70s to launch into 153.50s. And the final reminder, this trade is no longer than 2 hours. At the very least, trail a...
Forgive me, it's getting late and I just wanted to get a projection out before the markets sessions. Uh, no cryptos on this one, just straight equities market. Watch for VXX to break above 35.00 today. If we hold it, expect the rally(VXX) into later parts of the day.
So once again,we're back below the 200 day, and how they just disregarded the $9,000 support like it was nothing. For the bulls currently, the last couple of days(5/12th and 13th) the downside pressure looked uncomfortably to stay below May 11ths red day. Short -mid term, I think we're all eyeballing 10k again, but like I've said in chat I won't put my serious...
It's pretty late, I'm just catching up on some work I didn't do. TLT correspond generally to the price and yield performance of the long-term sector of the U.S. Treasury market as defined by the Barclays Capital 20+ Year Treasury Index. Fridays had a mid-day 'rip your face off' bounce from the lows in the overall market. I wasn't able to catch it by the time I...
Not sure if you're a coffee fiend, but you beloved starbux will be getting slapped in due time. I have zero knowledge about what the store is doing. what papers are filed, and a bunch noise that I never cared for when it comes to trading. If I can get extra skilled with it, I want to say around late Spring the drop will begin.
All double tops/bottom are not created equally. but this time, we're expecting the mean reversion back to 19.50s. A couple of accumulation bars on the day before, which could be slightly toilsome to get back under. It's going to happen regardless.
Markets a tad bit stale right now (imo), but we can still scout around for decent trades. I'm looking for a retest of .00034s/37 , at the moment, the accumulation phase looks lackluster,but once the momo picks up(AFTER 38s prove to be support)should see a swift move to 47s
This thing has some juice to reach 00075s. first ,it needs to hold 00061s. I'm almost certain that it will do it. We should get a rally this week(Jan/8th-15th) In the stock world, I try to make my forecast short term(takes more skill the more precise)
See text when to expect hiccups near19,600s
See text in image about level of stagnantion around 19,600