TA on gold still appears bearish to me.
Will be entering a long position this week in Nike. This will be in my retirement account not trading account.
Think the daily has an opportunity for us to go long in TG this week. Will be going long. Downside weekly risk is here as well - from that fib point I would anticipate a rise back up anyway.
I never post TA on crypto - but here are some midnight candle observations. Technical indicators, harmonics, oscillators - I gotchya guys! =) GL traders! Make a milli!
Also looking horrible on the weekly, and over accumulated on the monthly as well. Bad time to be long gold up here - just asking for trouble.
Gold is an easy short right now. If anything this will bode well for equities as the market goes back to being risk on. A good short tg will be $1300.
Currently volume is trending down, in reading just this, and all things being equal it appears the market will rise up higher. GL trading!! =)
Hey team, entered a long in /ES futures today. TG of 2895. ICH has us in a rock & a hard place. Think I see a bullish pennant on the 1hour.
First bit of TA since the concussion. Have not entered a new trade since then, looking to just wisely get out of all the ones I was in. Hopefully we see AAPL drop a bit here. Entered this trade Wednesday of last week - and effective today it went sideways on me. Hopefully we see AAPL drop a bit here - I am looking for a modest profit now of only 6%.
Final open position, another one in NVDA. Could not resist the high IV.
Just opened a short on oil. Interesting to see the algo traps to the long side. I opened a long this am at 5am that I sold later in the morning for a modest gain. This was a scalp based off the headline catalyst and the TA. That ship had $30m of oil in it - peanuts. Still see this thing going lower. Only thing that worries me is the dollar dropping...
Also opened last week - and looking to hopefully unload sometime soon here. After a week the trade is basically break even.
Currently long in /NQ futures options. Looking for a nice bag of loot with this thing continuing to rally.
Just some good TA to be aware of, of what is incoming in the horizon. What a bear will observe is the death cross, the bull probably sees we just tagged the 200 day, and we have the G20 Osaka summit in Japan ...perhaps Mr. Trump can smooth things out with Mr. Xi... Highly unlikely, and today the South China Post makes a compelling reason why. www.scmp.com...