cerealpatterns

cerealpatterns

weve seen a pretty bearish reversal in technology this morning as the bounce falters at stiff resistance. if we continue looking this direction id imagine we hit that vwma currently sinking around 53.43, and cool off a bit, but since weve come out of bullish divergence RSI in SQQQ (bear nasdaq) as long as we are holding mid 51s we may have the go agead to close...

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right now major indices and the nasdaq especially is banking on semis carrying a significant bounce out of the giant hole they have dug for themselves and us all. it follows that if we can hold 15.80s breaking 16.80s and continue with TRAMA staying over VWMA with both averages rising together that we should hae the go ahead to close the gap around 18.60s (strange...

cerealpatterns

theres no guaruntee this is a longer or even intermediate term bottom, but a bounce is clearly underway today, and it looks like were pulling back from the downtrend on shorter timeframes. id imagine that if we manage to hold the hourly reversal staying above that TRAMA line now hovering around 22.63 breaking VWMA currently flattening out around 23.48 we should...

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soxl is pretty much plummeting if we get a significant gap down and cant set a higher low 4hr the 15 minute trend will continue downwards until the 4hr is bullishly diverged stoch, rsi a lot of people are covering, and that may lead to some squeeze, but the over all trend is down if we close gap from either direction, and it looks like it is setting a lower high...

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im imagining if we touch these levels where the paths are we will exhibit the following patterns friday- monday

cerealpatterns

fib of bounce gives us about 50% retracement if there is some recovery to tighten in range we could look back up at 22.23-22.48 setting a daily higher low if market decides to gap up friday. if vwma keeps rising and trama flattens out we will have a bounce in semis. if these indicators keep bearish divergence we are likely continuing lower in broader markets. $23...

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perpetuals for usdt look logarithmically like some harmonic pattern is completing, and that sell volume will lead to a spike in rsi, along with retesting trama and vwma levels.

cerealpatterns

this index market cap for crypto is an enormous signal for the underlying networks and exchanges that coin resides in. eliminating the picture for two possibilities, btc.d and btcusdt are set to rise together, meaning bitcoin will gain on alts as the price of btcusd goes up, or alts will lose as the enitre crypto space looses. this could be bullish for btcusd...

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i think this is headed for a terminal thrust or wave 5, and abc will correct on some support in the given lower ranges TLT. after seein all time highs, i believe the 10 year will fade if it enters weekly consolidation, and fails some break out level forming a false breakout of upper 90% range. TLT is on watch for bullish divergence macd, stoch, rsi monthly

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volatility is doing something interesting. after a failed breakout, it has consolidated and found weekly higher lows. although this normally means were in for a huge move to the downside in broader markets i believe the timing just isnt there at the present moment. things could change overnight, but they could also change the other way just as fast, and however...

cerealpatterns

the hourly picture for the nasdaq is looking like weve managed to hold some support over a daily neckline. if that necklline is threatened, id imagine we are revisiting that lower level soon. if we break it- look out below as a close beneath $31 will probably dictate 29.24 or lower. if we manage to hang on to this daily uptrend and close above the 33 mark i would...

cerealpatterns

coming into the close btc has observed crazy action to the upside on the daily. grappling with a completely indefensible position has created sell volume that has lead to a bounce. if this continues it wouldnt be surprising to see above 33k, and if it fades it should stay supressed and revisit 30k.

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recently gold futures has reversed around a key level after a terminal thrust and distribution that ultimately left it back where the weekly reversal took off from a higher low. it has reversed sinking daily vwma and trama and crossed above them while finding support at those levels. what is needed now heading toward positive macd is rising trama and staying above...

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nq1! has started off showing signs of support only just holding the uptrend daily off of reversal on a potential neckline. im guessing if we resist around left shoulder area and break the neckline its bearish looking for around 12345, and if we break resistance around 12689 and come to some higher low we could challenge 13000. 12444 and 12666 are hourly levels to...

cerealpatterns

if we hold this low and beat low 33 area it should lead to 35 or high 34s if we come down resisting low 32 area its doubtless still got more to lose and should see low 30s soon

cerealpatterns

still looks like aggressive dip buying at some point is going to trend above neckline here and cause additional 4hr squeeze as long as we hold 26.50 area if we get in the high 34s this could lead to above 40 right now the hourly is still bearish, but the daily reversal could still complete

cerealpatterns

put call ratio is showing a daily period of distribution in put spread that could end up being bullish for the broader market we have hit descending TRAMA and AO has turned negative so the trend is toward call

cerealpatterns

theres an unfinished bounce going on in semiconductor stocks short squeeze could start over the 189 area and wind up touching 224 weekly picture still hasnt changed to bull, but its possible we hold these lows and see retracement backtest if we hold 152.84 impulse wave up seems like it led to correction wave and that is just about complete