avka81

avka81

Tech Just wants to go up. Bubble is just getting bigger!

avka81

It looks like we gonna see All Time Highs very soon. If we dip tomorrow buy buy buy, but I have sneaky feeling we gonna gap up instead. Went long last 2 days. Will see tomorrow if I read the chart right.

avka81

We will be lucky if we get another dip to buy in. If you see a gap down tomorrow morning buy buy buy. Nice short covering rally tomorrow and if we do get that it will continue to Monday!

avka81

I bought QQQ at open for a Gap fill trade but I might hold for a bigger bounce trade! As we speak QQQ breaking above Bullish Falling Wedge!

avka81

Somehow a lots of traders are very Bearish and it makes me think I should go Bullish. I believe we gonna fill the gap from March and make new highs to form a bigger megaphone pattern! Good luck Trading guys!

avka81

I closed my short and went long here to catch a B wave bounce. Might close it before the close. I personally think we going to 3400-3500 in S&P 500. Crashes don't usually happen in the summer unless it proves us otherwise. Good luck trading guys. Sticking to day trades for now.

avka81

Forget about fundamentals on Hertz. Shorts gotta cover at some point again. 35% of the shares are shorted. Successfully defended the bottom of the gap and the downtrend line. Trade it with a tight stops and hope bulls turn it up!

avka81

GDXJ is showing a lots of Bullishness and it wants to Breakout soon!

avka81

Had some time to look at NQ Chart tonight. I’m not as Bearish in the short term as I was 2 weeks ago due to no Impulsive follow through with the sell off’s but it might come. There is a real possibility that Markets want to fill that gap from February 24th! Elliot Wave is not everything but I’m learning that if you count it correctly it is a good way to predict...

avka81 Updated 

Most Bullish Scenario. Nothing changed from yesterday! Bearish engulfing at resistance its perfect Scenario! If this goes bellow that red zone then its Wave 3 which means we gonna fall for a long time!

avka81

I stopped looking at ES after Wave 4 didn't work out and started to work on SPY. Big mistake but started looking at ES today and saw this perfect Ending Diagonal pattern to finish C Wave. It wasn't as perfect on spy with gaps and everything. So we will Gap up or rally tomorrow to around $2900 and reverse. Reversal should be impulsive!

avka81 Updated 

ES gotta break 2709 to accelerate sell off. VIX had a 4 hour cross over and at the downtrend-line. I think its gonna break it!

avka81

So QQQ just completed a text book ABC of wave B or Wave 2. And stopped at at uptrend line it broke down from. Most Bullish outlook will be ABC correction and go see new highs within 2-3 years Or a Bearish one will be that we are starting Wave 3, which will be impulsive in nature and the longest! Who will win? Also VIX broke out!

avka81

I'm bullish on GOLD in the long term but it looks like going lower to test the $1450 for now. Its in line with Vix and USD going higher! I would say Gold will sell off due to higher dollar and Margin calls! If we go that low back up the Truck!

avka81

I'm not bullish on USD in the long term but it looks like going higher to test the highs for now. Its in line with Vix going higher as well!

avka81 Updated 

Here is what Elliot wave is saying! We are at Ending Diagonal of C wave of Wave B. So extended Wave C should follow! C Wave could go to 1631 worst case scenario or 1893 is best case scenario!

avka81

Bitcoin Sell Signal triggered from Bearish Rising Wedge! Target is $5164. Bitcoin is leading the Equities!

avka81 Updated 

Pretty safe to go short here! So Elliot wave is actually working perfect so far on ES but needs a confirmation(cannot break today’s highs and stay within this channel). This tunnel got confirmed today!