cerealtrades

cerealtrades Updated 

unfortunately for broader market longs i think we are in for another increase in volatility running into the first part of the new week. i imagine we have one more run up toward resistance to fakeout the bulls before support fails like it has since the bottom at 10am est on friday. the current hourly inside bar tells me to set up long toward 4668, but momentum and...

cerealtrades Updated 

short term vix futures have put in a multiday high and many broader market sectors are breeching their intraday lows at the same time this could have a longer term effect, but i think the short term movement in vix will trend back toward 11.89 uvxy if we build a base of support above 12 and move higher we could be in for more like 12.30, but keep it on the pivot...

cerealtrades Updated 

$0.16 cents is the range up or down for this etf right now

cerealtrades Updated 

getting to an area where longs from this morning are breaking even and shorts in broader markets will be squeezed provided we dont break to new highs in uvxy this is an interesting area to topfish target for short 11.65

cerealtrades Updated 

looking for prices above 145.5 or below 144.6 if we break out of this pattern of higher lows and lower highs in the s&p500

cerealtrades Updated 

i think were in for continued volatility in nasdaq futures midweek this first week of 2022 before the week is out i expect there to be several runs down towards the lows even if we open higher or especially so its for this reason that i am focusing on the long side as contrarian dip buys come in banking on the likelyhood that the end of the santaclaus rally...

cerealtrades

broader market health permitting we should be finding a lower high in sqqq and retracing back into the channel below mean regression and vwap should we set a lower high than 6.15 and break 6 convincingly i wouldnt be surprused to end up around 5.92

cerealtrades Updated 

if we dont acheive reversal by breaking 163.09, setting a higher low and confirming the trend change we will certainly bearflag on the potential for daily continuation long target 163.63 short target 161.48

cerealtrades Updated 

good time to get in on btcusd as macd/rsi and fib retracement all suggest it is oversold and rising on 15 minute timeframe

cerealtrades Updated 

hedge action has added to the price of short room for bulls to work with. we will probably test some area above postmarket lows and move higher in the beginning of next week

cerealtrades Updated 

tightening range 15 minute seems to be breaking to the upside target 16495.25

cerealtrades Updated 

as long as we stay above the 16200 area i think volatility shouldnt last long and most people are buyers of calls where they are cheap

cerealtrades Updated 

nasdaq and tech bulls are breaking out of this mornings tightening 15 minute range with a clear break to the upside and hourly close above rising support and sinking resistance could result in prices above 170 macd/rsi heqding toward overbought signals are above indicator

cerealtrades

btcusd has broken a tightenting range bottom to the upside on 5-15 min timeframe if we test some area above that range and move higher or continue higher immediately we should see prices above 47250 soon

cerealtrades Updated 

we should still have another bull move somewhere in utilities as defensive rotation continues

cerealtrades Updated 

were hitting multi day lows in many sectors at once the climb in volatility should snap back could target 12.21 again

cerealtrades

looks like were in for some snap back above the 50 area maybe to 51 in bitcoin as long as we keep seeing the hourly trend change back to bulls

cerealtrades

tqqq and the like should be good to hold until some point tommorow until its above 16474