avka81

avka81

Sentiment is too bearish to be a bear. High Chance we see this play out.

avka81 Updated 

Too many bears buying puts. Sentiment indicators are too bearish. Short squeeze to continue.

avka81

The market is ready for a big move. Over sold and ready for a bounce. Put to Call ratio at extremes. High probability it goes higher tomorrow.

avka81

Good risk reward on Apple. Bearish if we break bellow this channel. I personally think we are gonna gap up tomorrow.

avka81

Negative divergence is building but I wont go short until this rising wedge breaks. Buy it if it gets down to it. One more short squeeze.

avka81 Updated 

I'm still buyer of the Dip until this positive divergence get taken out. If we break out of this Bullish falling wedge we might even see a all time high but I dint think so. Either way good rally will take place.

avka81

QQQ just defended the down-trendline and support at 286.

avka81

We are gonna bust through it or have a pullback/meaningful correction. Extreme caution to bulls. Personally day trading only!

avka81

Time to be more cautious on Tech! If the second lock down wont happen or any this trend line breaks we are gonna get that much needed sizable correction. Ill be shorting the bounce today!

avka81

The QQQ is Bullish all around. Nothing says sell now. Bearish rising wedge broke down on a smaller time frame and we have seen some selling. Bears didn't prove anything on Friday and also with VIX dropping is a sign that Bears are loosing control in the short term. We sold off on Friday so I expect similar action since Friday usually reflects Monday so buy the...

avka81

Its really hard to believe how high the Market is. Inflation doesn't discriminate I guess! DJI Just broke out of the downtrend line. All I can say its Bullish. Again way too many Bears to be a Top!!!

avka81

Large Megaphone Top. I wouldn't even short a the Double top at this point because how it went through the gap. Similar week or two and S&P500 will be at All Time Highs! Buy the Dips until that projection box 3487- 3662. It might not get there in a straight line.

avka81

This is the Confirmation that we might have a pull back. Don't expect Crash in the Precious Metals or the Stock Market. 10%-15% correction might be priced. Way to many Bears to call a Crash! Positive Divergence on 4 hour and its so over sold on the hourly Chart.

avka81

Weekly cross over on TLT never fails. We are very close at crossing. Its just one more confirmation that we are due for a pull back in Indices and Gold.

avka81

I am a Gold Bull but nothing goes up in a straight line. Negative divergence telling us trend change is close and its hitting that top of the Chanel. Its in line with dollar bounce and the stock Market Pull back. Also bonds are about to rally (i know it doesn't make sense that interest rates gonna go lower). Next week we will see a pull back but I don't know how much!

avka81

We should not believe breakouts with Negative Divergence! Good chance we have seen the Short term or possible long term top in Apple. I would be very comfortable buying puts on Apple (did buy some puts). I sold my calls at $9 right before earnings but that same Calls went up to $45 at close on Friday. @ $425 I'm very comfortable taking puts home for the weekend...

avka81

Rising wedge I drew is for grabs for a debate. Most importantly Bulls are getting exhausted at this point and its getting confirmed by a daily candle on friday. We need a nice pull back if we want to go higher. I do have a higher Target. If we have a straight drop confirming Hanging Man on Sunday night and uber cut July 24th low we are gonna have that 15% +...

avka81

We are flirting with that trend line for 2 days! We might see that Pull Back we have been waiting for. I think we gonna set a lower high here because what I see in Major Stocks. US Bonds got a caution after Market Close. Extreme Caution if you are a BULL!!!