Big tech carrying the market. i dont expect this to stop any time soon, even if we sell off in the interim
there should be continued support for fiveg stocks into the end of the year pushing FIVG back up toward $41
cybersec stocks should see additional support through the end of the year pushing CIBR back up toward $53
pretty simple idea. if we gap down spx and we hold some new higher daily low early on, then break above premarket close by a significant margin, the index is a buy until gap is almost or all the way closed volatility spike still expected by end of wed, thu morning if we gap up and start to trade up, the higher targets can be used
the thought that NVDA could bear flag is upsetting to some, but the price could be lower, in which case rsi, stoch, macd would diverge bullishly. like wise a gap down that is bought, and confirms 4hr higher lows could be another trip to overbought levels on multiple timeframes
another straightforward idea, invert targets on spy to hedge against es1! calls or spxl shares to add to as you reach sell targets in spx when pivot is in VIX favor add UVXY when pivot trends toward uptrend in spy add SPXL
daile retracement taking bitcoin possibly back above 52,555
es1! calls have been lining themselves up for overheated conditions on top of a move that has confirmed higher lows on larger timeframes and smaller ones become overbought above 4620 is a sell pressure area below 4581 is a supportive area could bullflag, but more probable is a false breakout, followed by a short term melt fown
if chinese debt is in the business of clearing up this week, nio is set to oversold bounce, and if we are weaker with chinese stocks the fowntrend is set for continuayion of bearish engulfing
the indication is that NVDA will continue to find support near $301 and move toward the $315 area
theres reason to believe a releif rally will come in the form of big tech and the nasdaq futures finding support and TQQQ moving back toward the $155 area
sell climax in S&P500 futures should drive a buy climax in volatility index futures followed by a bumpy ride back down below the $21-20 area for VIX
es1! is on the verge of forming its first daily higher low since the top april 22nd off of a double bottom just breaking 4500 to the downside: sell climax should be in the works in this area leading to pressure on the 4555 area.
es1! set to follow a path higher according to rsi, fib extension hourly
a possible hourly patter that could be taking hold right now in the worlds largest, most popular cryptocurrency
in the past gold prices have leapt towsrd the end of the year. technical patterns on the monthly have pointed toward muted gains in gold spot, and a drawdown in bullish futures activity. Gold spot shouldnt break $1923, and should be back down toward 1635 region by june 2022
UVXY should double top, and head for yearly lows not passing $27.5 and breaking $20 to the downside. Broader market fear nearly maximized.
bullish divergence daily RSI & MACD bull cross $oon sell climax will be reached this week, followed by santa rally to push VIX down driving SVXY back toward $60