NASDAQ:NFLX Expected Move for Earnings tomorrow 8% expected move, between 645 to 758 I’m watching that 200DMA 👀🫣
Alright, y'all. TSM reports before the bell tomorrow and this is the implied move. Here's what Wall Street is expecting: 🔸 EPS: $1.78 (+41% YoY) 🔸 Revenue: $23.30B (+38% YoY) On the last good pullback we did find support on the 1hr 200MA Revenue Expectations: Analysts expect TSM to report a significant revenue figure for the third quarter, with estimates...
AMEX:DIA Review of 10.16.24 price action Strong move today in DIA back up to just underneath all time highs. Stayed within the implied move. Careful - the closed bear gap could be resistance.
The recent rally in the iShares Russell 2000 ETF (IWM), which tracks the performance of small-cap stocks, can be attributed to several factors based on the latest insights from market sentiment, technical analysis, and broader economic indicators: 1. Breakout Above Resistance: IWM experienced a significant breakout above multi-year resistance levels , which often...
AMEX:IWM Tomorrow’s Implied Move for PPI Alright, IWM. We had the bearish cross down in the first week of Oct and since then we’ve seen the 30min 200MA as resistance as we make our way back to the 50DMA. Implied move for tomorrow is 214 - 219, 35EMA is above us and so is the 1hr 200MA and they both acted as resistance today. If we get above that duo then the...
SP:SPX Tomorrow’s Implied Move for PPI Alright, y’all. Implied move over here for tomorrow is between 5740 (and the 30min 200MA is just underneath that to 5820 (which is just above all time highs. We consolidated back to the 35EMA and if that holds, look up to ATH’s and possibly even to 5820. I’ll be looking to 5835?5845 bear call spreads, and 5840/5850...
Alright, y’all. We have a fully bullish setup here with the 35EMA underneath us and the 30min 200MA under that for support. ATH’s right above. Play both sides… Here we are also holding above the rate cut gap after FOMC. It’s my opinion that we need to go in there and test it for real support but so far we’re bullish - watch Stupid Willy here for either a...
Alright, y’all. So we consolidated back to the 35EMA and we still have a bullish setup here. We either bounce on it tomorrow and make new all time highs, or we drop to the 30min 200MA We do have support on top of the Bull gap that we made after rates were cut. So the top of the rate cut gap is at 418. — Storm update: I’m so good, but I don’t have power so...
AMEX:DIA Tomorrow’s Implied Move for CPI Ok. So I don’t have power so I don’t have much time to write anything too long here but this is the implied move is between 420 and 430 and we have the 30min 200 and 35EMA support for tomorrow at least. ATH’s just above us so if CPI is bad then we could get smacked here to retest that 30min 200 level and if not then...
Alright, I’ve got to hurry now because I did lose power so I have limited time to get these charts up… but DIA took it all the way to the top of the implied move and is just under ATH’s heading into CPI. 35EMA found support on the 30min 200MA like we talked about yesterday - and came back up so we did not get that bearish confirmation. And really if you even...
Look at this beautiful chart. Have you seen anything more technically perfect than this. I discussed so much of this price action in the videos lately, definitely on the weekend video, namely that once the 30min 35EMA crosses underneath the 30min 200MA that it should act as resistance and look at that… that’s exactly what it did. We popped up, filled that...
So in last night's video, this was the trading range - and this is the result. We took it right to the top of the implied move. Look at the setup here - Stupid willy below was green over green, so bullish set up there, and the 35EMA was above the 30min 200 average and in the support zone in the bottom half. We had a fully bullish set up and continued that...
Alright y'all. No video tonight, well that's not true I did half a video but this storms coming at me and I have to get hunkered down. Stay safe FL
Today’s Trading Range, y’all. Looking like that 30min 200MA could be a great short right at open. Let’s go… 💃🏻
Ok - today’s trading range, and it’s a wide one. We have the FOMC rate cut upgag in today’s range, and also ATH’s. The 35EMA and the 30min 200MA are front and center in the middle of the trading range. It looks fun, y’all. 1hr 200MA down at the bottom of the FOMC gap… anyone looking at that hoping for a drop for a nice bounce there? What are your...
AMEX:SPY Analysis, Key Levels & Targets for Payroll Ok - today’s trading range, and it’s a wide one. We have the FOMC rate cut upgap in today’s range, and also ATH’s. The 35EMA and the 30min 200MA are front and center in the middle of the trading range. It looks fun, y’all. What are your thoughts? 💃🏻
AMEX:IWM Analysis, Key Levels & Targets Ok. This was the setup from Last night’s video and the outcome. We gapped down, dropped to the 50DMA and then we traded between the 1hr 200MA and the 50DMA (2hr 200MA) I will do a more detailed review over the weekend on the video but I didn’t get to it tonight. So Monday we gapped down, Tuesday we got the bearish...
AMEX:SPY Bearish Divergence on Weekly RSI With a rejection here at the MA of the RSI. We might have hit a wall here in the technicals.