6 day pump, bounced hard today off upper day chart ichi cloud resistance (4500) expecting a succession of down days. 4350 first support to watch. How fast will determine reversal. PT 4100 by April.
Short-term. Looking for media push, catylst. See opportunity to squeeze shorts over two to three day period. Less than a month who, observed similar gap down, slightly bullish day hammer... Resulted in 27pt (+6%) move. 450 EOW PT Filled by a quick revenant, and lower low. Next next week if orange dotted previous support breaks test 410s.
OBV bottoming, ricocheting off lower levels. Bear-case, breaks momentum support and continues lower. Watching out for 44, MAX PAIN. IF OBV holds the line this week, STRONG BUY. MACD-M approaching daily negative value quickly. This is going to be the reversal when touches 0.0, IMO. Highlighted in yellow circle, key area to watch. Bear-case, if follows thru with...
VERY ROUGH deal VIAC suffered last week by external factors. Drop stopped roughly right at a support line from the bottom of the March 2020 low. Declining sell-off volume hints that the SELL BLOCKS finishing up. IF the sell-off stops this will inform the market of VIAC's exposure and carve out the bottom support. FV 60s.
Looking at SLINGSHOT ES about to breakout..... Tomorrow morning will the test, I would like a support test tonight for more confidence and strength 🙌🏻
We in the FAN. Looking positive IF we break near term RESISTANCE
November volume levels have returned, even with the surge from Friday. I am concerned if there is a quick correction Monday/Tuesday accompanied by further declination of volume. Sector rotation is warped rn due to COVID and looming re-opening. Trends do not appear to be following the beaten path.. If Monday doesnt carry Friday's momentum we selling-off hard.
Mid-Feb downtrend RESISTANCE broken. Bulls took back momentum and followed-thru in a big finish EOW. Critical close on Friday enabling the potential for higher highs. Unless (deep) RED days MON and TUES --rejecting back under that down-trend-- I see upside by EOW. Changed position from bearish to neutral... and leaning towards positive short and medium term; IF...
YELLOW time trace, support RED dotted downtrending, resistance Crude and DOW humming this morning. NQ face-planting and ES caught in the middle. DO NOT see as teh strength that was here yesterday. Making Moves lower today, EOD, in my opinion. MARCH OPENED at 385s... historically MARCH closes in the RED Short-term bearish
NQ at cross-roads. Bullish and Bearish support and resistance. (ONLY thing I a convinced of is that it is not going to be flat!) Referencing Chart Critical Breakouts: - Yellow bullish. - Red dotted support bearish - Red solid watchout **Pitchfork bullish up-channel from MAR23** JPOW speaking (3) times this week! - Monday 0900EST - Tuesday 1200EST - Wednesday...
March 23, 2020 tech has surged... topping ATH mid-FEB at 338.19 Yellow line indicate UPTREND channel from the bottom Since then we have begun to see pull-back appearing more and more like a correction Bouncing off 304 QQQ it has held resistance (3) times. Watching 307 Watching 10y Yield % Watching sector rotation QQQ PT 290 APR 1
Identified SUPP in ADA price movement since CB inception. Proof of Stake (PoS) cyrptographic is the way of the future. RECOGNIZE time burst, potential-upside APR8. MTF. LONG ADA, bullish