When God, nature, and math come together it's beautiful. Let it rain money...
Take a guess, but its simple. If it rejects the moving average than short, if not than long till the box, try again.
Based on counts, if we mirror the previous sell off this is my trading plan. All information is detailed on the chart... If things go to plan then we have a huge opportunity. Pay attention to Oil as it will collapse first, and it is in the process imo, so if it delays then I will delay but so far so good.
TIME TO RUN>>> Don't say I didn't warn you... This is only a light estimate may very well see 122+ if all goes to plan
PURE Nature..... Just follow nature The Fib is as natural as one can get...
You don't see beauty like this very often!!! Take advantage!!! Flow and Algo support this move, Charts support this move, News and Politics support this move. Massive H&S, Same Pattern..... R/R perfect.... DROP IT I am ALL IN
So far followed my trade plan, next will see if we get a rebound or drop. I have exited all positions until I see a strong reaction from either side, but I am bearish overall and see oil peaking for the time being. I may be wrong so wait for confirmation before entering a trade. The commodes trade peaks with rates... so follow the rates and you shall have your...
TNX Looks ready for a pull back, will add fuel to the current bear market rally. Fed lowing rates but is starting QT, still in bear market but will get a nice squeeze. I am looking for a pull back to 2.7 then 2.8 then 2.5% lets see if it trades. I have the dates marked on the chart June 7th, 10th, 16th.
Looks like a nice inverse H&S has formed, if it doesn't get invalidated will be a nice push to the upside.
Nice Bull Flag here Ready to lunch imo, fully long since may 20th.
Long here or at bottom of trend line. Take profits at Gap Fill or if modest take profits at top of trend line and wait for a break to the upside for further confirmation.
Had a solid bounce and I see a cup and handle forming. However there are too many factors at play to make a solid decision on entry so I prefer to wait for news or a retest entry to go long or short.
NYSE:BBY NYSE:BBY performed well with the market rally and is forming a falling wedge which is traditionally bullish but nothing is bullish in this current market conditions.
Just simple analysis combined with the meeting on Wednesday, its looking for support lets see where we land.