crazygardner

crazygardner

The trend is already SELL. The past two days have been a bear flag in formation like you see. This is a downtrend continuation pattern. QQQ is trying to gather liquidity from above and then a catalyst like CPI, PPI, Jobless claims coming this week will trigger a sell. This is not investment advice. Please do your own DD.

crazygardner

There is no gas in SPY to go further top. It is hovering below 565 for over a week now. Even the Jackson Hole talk couldn't push it above 565. I believe the market is waiting for some major catalyst to break down

crazygardner

As you can see, TSLA has broken down its long term support line as well as Fibonacci retracement level of 61% from swing low (March, 2020). This current development in the chart pattern is also a H&S with a neckline break and retracement. It isn't surprising to see this when Mollusk releases sloppy products for absurd prices (cars that smell of cheap plastic in...

crazygardner

Mollusk under criminal probe due to extensive PR over-hyping of so called FSD, which is a fake BS. Twitter deal going to get finalized. Very high OTM put flow with over 11% OTM expiring this Friday (October 28, 2022). Google (Waymo) has been researching self driving technology for the past 10+ years with over $10 bn cash injection every year. They couldn't...