Only need 1-2 bar to get below 10 on RSI 15. That will be a HL. Will likely trigger reversal at 36.9
I'm really convinced this will be the fib level and pricelevels to watch.
We need to consider movements in volatility, usd and indicies.
I actually think this could be a good swing going long from here to 439. Selling after battery day.
This could get ugly if Nasdaq dosen't manage reenter trendchannel today.
This should be the bottom. Let's see if oil has any future or not. As said earlier mid 30 should be bearish target if trendchannel breaked. This bearrally is getting ridiciolus.
Long from here will be my play. Entering short only once trendchannel breaks.
I just noticed Crude is only 1 point away from turning positive on Stochastic Slow weekly. This will truly take off if it manage to climbe above. We're still in bottom of trendchannel. If it breaks we will head south to mid 30 area. Long from here is better risk-reward imo.
Went big buying wrecked call options at today's dip. Now we have ABC corrected 1 month of zig zag . Have a great weekend.
This retracement looks alot like silver. Maby the same reversal algorithm?
This will be my play. Could be a bullish breakout from here once wedge brooken.
Ongoing Bearish rising wedge after initial rally with bearish divergerce and a subsequent sell off this week. I took a longposition friday though since I believe this is just MM manipulation, headfaking the news and price movement before big moves coming next week, starting with gap up over weekend. The fundamentals are as important and there could be a big move...
I will keep shorting the NG tops. I know the fundamentals are truly garbage. Todays rally was just a newspump. Reversal coming.
I still remain bullish on crude. Did a nice bounce today at fib 50.
Did we top the market today? Nasdaq has so much Bearish Divergence at all time high, I just had to go short today.
Man, I really hope this will be the top. Took some risky short positions earlier today ahead of stock split.
5:3:5 completed in Ending diagonal formation. Should be bullish from here but expect dumps at 30-32. Target is 36 then it's time to short.
Should be a breakout upside from here.