avka81

avka81 Updated  Dec 18, 2018

I don't know who is leading. H&S all over: QQQ, Spy etc but Dow Jones Transportation and Russell have the perfect H&S. So my Guess is Russell is leading because its already braking down ahead of everyone....Ugly Chart. Tomorrow we might wake up to a good size drop....

avka81 Updated  Dec 14, 2018

This is a text book H&S. Very ugly chart. Is DOW JONES TRANSPORTATION AVERAGE INDEX telling us something big is coming this week or next?

avka81 Updated  Dec 12, 2018

The weakest bounce so far. Not convinced. Sell the Rip kind of Market!!!

avka81 Dec 11, 2018

This Bounce on Monday the 10th looks the weakest. Let see how it plays out. Death cross should play as a big overhead resistance!!!!

avka81 Updated  Dec 1, 2018

Tesla filling the right shoulder nicely. This is a re post of my previous 60 min. Its better on 4 hour chart!!!

avka81 Nov 30, 2018

This is my second Triangle (first one was too small and got invalidated) Move up on Wed 28th (Jerome Powell's Comments) I think its a dead cat bounce. Until Fed starts cutting rates and launch QE 4 there will no floor to this Markets!!! Let see how it Plays out. I know there is a lots bullish divergences building up but it could be false signals in a Bear Market!!!

avka81 Updated  Nov 28, 2018

I've been short on Tesla for the last few weeks. Trade still active. Finally figured it out I think. Third time the charm!!!!!

avka81 Updated  Nov 28, 2018

Since its broke out of ascending wedge its been a choppy market. Its really over sold right now. It needs a little bit more flush out before some gains. Volume could be lower due to Thanksgiving. Let see how it plays out. We are in a Bear Market. I doubt we will make new highs in near future. Lets short it on every bounce!!!!

avka81 Updated  Nov 25, 2018

We have been riding reserve currency gravy train for a long time but our Debt is too heavy on the green back. Ray Dalio predicts dollar will loose 30% in the next 2 years!

avka81 Nov 24, 2018

Everyone is drawing a bigger descending triangle. I think its smaller!!!!

avka81 Updated  Nov 19, 2018

Lets see how it plays out over the next few days/week. On 15min chart it's forming Descending Triangle. Today's rally just wasn't so impressive.I would say pull back tomorrow....

avka81 Nov 19, 2018

Shanghai Composite is being traded in descending wedge. Also Bullish Divergence on RSI. Will see what happens soon. Smart Money thinks its better to be invested in Chinese Markets then US.... Also its been down almost 50% from the highs in 2015. And never got close to 2008 highs. Our Market turned in to a hyper bubble doubling the 2008 bubble...

avka81 Nov 14, 2018

I've been watching Barick Gold for a while. I think it just broke out on the weekly chart

avka81 Updated  Nov 13, 2018

Apple had a big sell off after earnings. Missed phone sales. Took a short at $222 @1 day before the earnings and sold @2.99 when the stock hit $199. I think there is one more short entry developing. I bought a Jan 18th 2019 $175 put @ $1.25 again. Risky but reward 100%-300%. Good Luck Not and Investment advice. Just sharing my short trade on apple

avka81 Updated  Nov 13, 2018

Over all bearish but this market is crazy!

avka81 Updated  Nov 13, 2018

What a wild ride the past 1 1/2 month. Bear, Bear until I see some real reversals

avka81 Updated  Nov 11, 2018

Hey As you can see its testing Key Resistance. Descending triangle. Negative divergence, Negative Cash Flow...

avka81 Updated  Nov 8, 2018

Nice to short it now