TradeVibez

TradeVibez Updated 

20 year yields appear to be breaking out of a long downtrend which has witnessed a boom in the stock market since this asset's crash back in March of last year. But now the winds seem to be shifting possibly again as now the TLT has started July with fireworks and yields appear to be flipping bullish. This would be very bad for stocks.. however please keep in mind...

TradeVibez

W appears to be at low risk areas for a possible long as it finds itself at the lower range of a bullish ascending triangle pattern. We of course want to play the breakout of this but in the meantime if the green trendline continues to hold, longs in this area could make for a good trade before the top of the triangle gets tested. So far it is still holding. The...

TradeVibez

The Bitcoin Volatility Index has broken bearish and looks to be confirming. This indicator in the past has been a bullish to neutral signal for bitcoin in the past as the asset tends to do much better and show more stability when there is less hype and speculation in the market. It should also be noted that in the past as the BVOL fell, bitcoin was either...

TradeVibez

Like the seasons, the markets appears to be attempting a shift. I made a recent post about long term treasury yields flipping bullish this month so far and now Gold appears to be doing the exact same thing as it has seen a beautiful breakout of a descending broadening wedge. This is one of the more bullish patterns that exists, which means if this monthly candle...

TradeVibez

Seems like every time the market tanks AMZN goes to new all time highs and this week has been no exception. Finally, however, it appears Amazon has hit some real resistance and could see a pullback before ultimately running to its first fib extension I have plotted at around 3965. In the meantime there is a nice ascending channel that has formed and in the past...

TradeVibez Updated 

After a beautiful runup past all time highs weeks ago, NVDA has found itself in a similar position as the Nasdaq by hitting and getting rejected at the first fibonacci extension level. I closed my long in this last week as I saw this level approaching and now it appears that a legit pullback may be coming into reality. So I am bearish.. or am I? Truth be told...

TradeVibez

The weekly chart of the Nasdaq index is showing weakness with multiple weekly candle rejections at exactly the 1.618 fibonacci extension level. This is key to note as the 1.618 as many know is often the first place traders short, sell and or take profits after price breaks all time high. So paying attention to the $180 level will be important. If bulls can ever...

TradeVibez

Cheesecake Factory has painted a nice bull flag on the daily and weekly time frames. I do not intend to trade this. I am simply posting this for educational purposes as CAKE will be one to watch in the coming days and weeks.

TradeVibez Updated 

ARKK appears to have regained bullish strength after rallying above a strong level of resistance now flipped into support. And looks to be currently consolidating on-top of it. All of these are very bullish signs. Keep an eye on the start of the new week as ARKK has already confirmed a full body candle close above the key weekly support level. How it starts out of...

TradeVibez

As what should be no surprise, the S&P 500 has found itself on the verge of breaking bullish out of another bearish ascending channel. Typically, when price action breaks bullish out of a bearish pattern the moves are very powerful. This brings us to exhibit A on the weekly chart. A decisive breakout occurred last week and now this week currently looks to be...

TradeVibez Updated 

MSFT has miraculously just broken bullish out of a bearish ascending channel pattern. If the red trendline of resistance-now-flipped into support can hold, look for fireworks as your first target may be around the $295 area. Only about a 6% gain but it could move there in a hurry and that would be just getting the party started. This could be a very bullish...

TradeVibez

This small cap gem should be a fun one for swing traders as the asset has nicely put in higher lows and higher highs in price for the last 15 months or so. And now at this moment it has 2 nice bullish setups going for it: 1) support at its $31 dollar level where there is also the 21 MA just below it as well. 2) a giant crater of a gap that needs to be filled still...

TradeVibez

DISCA appears to be doing bullish things to start the new week off as it continues to hold above a critical $30 price level. It has consolidated nicely after breaking out of a supply line that has held it down for months now. It is now beginning to make higher highs and higher lows on the smaller time frames and now has bullish confluence with the 21 MA and $30...

TradeVibez

Ethereum has found support once more inside of its ascending symmetrical channel on the 4 hour. This is a technically a bearish pattern but as long as it remains inside of the channel, buy opportunities exist at the lower green trendline and short opportunities exist at the upper red trendline. A move from where we currently are would be about 15% to the top of...

TradeVibez

I am neutral at the moment on Tesla but overall I am bullish on it medium-term as much momentum has been regained since its correction all the way down to $539. The area of interest for me will be the $700 price level. A breakout and confirmed weekly close above this price would be the next signal for a long on TSLA. On the flipside, a pull back could be in store...

TradeVibez

This is a short-term possibly bearish post within a longer term bullish play. Last week IBM closed out with a big 4.5% drop in one day after news of the CEO resigning. But was this the cause or was something larger perhaps in the chart in play here? Well when we zoom out on the monthly chart, we see back in April this year IBM broke aggressively bullish out of the...

TradeVibez

A lot of folks are in belief that the DXY has turned bullish. When zooming out on the monthly one can see that the bears are still firmly in control. 3 bearish indicators on the monthly illustrate this: 1) Breaking of an upward sloping demand line to the downside exactly one year ago. 2) A large, bearish head and shoulders-type pattern that broke its neckline when...

TradeVibez

Light has appeared at the end of the tunnel possibly for cryptos as the holiday weekend here in the US has witnessed bulls quietly breaking an ice line that has kept the crypto market in the doldrums for the last few months. A full body weekly candle close this week will need to confirm the breakout but so far so good. The 1.356 trillion dollar area appears to be...