I would like to see a re-test of that green zone one more time, or probably a channel before breaking. This is just a thought and a personal opinion. Any thoughts?
Reasons: 1- RSI too oversold. 2- Too many black candles in a row. 3- Touching a trend line. 4- Re-test neck of a M pattern. This is only for analysis, not for personal advice.
Hello0oooo beautiful people!!!! Happy holidays!!!! If you ask me for a new year wish, would be to see the $SPX #SPX around the $3200 area if lower better. Remember this is a long term game and if you can get stuff at a discount price, why not? I am not saying is going to get there BUT how nice would it be! :) That's what I would like to see! let's see how it...
Ok to me the market looks like is chopping. On the (M) chart we are probably going to start forming ABC pattern. Nice close above the 200 MA (W), 50 EMA (M) On the (D), to me it looks like a H&S nice to go up and then go down and re-test the 200 MA (W). BUT the market @QQQ to me it looks like is consolidating. I do NOT where the market is heading but its...
Ok to me the market looks like is chopping. We are probably going to hit the $379.~ zone. This week maybe even retest the BLUE line 200 MA (W), 50 EMA (M). BUT the market @SPY to me it looks like is consolidating. "This is only my personal opinion. I am not a trading/finance adviser.”
@AMD couldn't hold the %58.~ area and close below it last Friday. Today Oct. 17, it could re-test that $58.~ area and then continue to go down. I like the purple line because is the open of a massive bullish candle from July 2020. Hmmm if you go to the (W) chart you can kind of see a H&S pattern and it re-rested the neck line 2 times. You can also see it on the...
I'm not an expert on the topic of trading or investing. BUT if you ask me, in my humble opinion, I think the market could bleed a lit bit more. At the end of the day the market does what it wants. I Would like to see the @QQQ at the $247.~ level or lower; specially, after closing for the third time in a row below the 200 MA (M) re-testing it and failing to break...
I'm not an expert on the topic of trading or investing. BUT if you ask me, in my humble opinion, I think the market could bleed a lit bit more specially after closing bellow the 200 MA (W)/ 50 EMA (M). At the end of the day the market does what it wants. Would like to see the market at the $338.46.~ level or lower. And just chop around the gray area. The more we...
Today's candle its a massive candle engulfing almost the past 3 days!!! and LOOK at that volume!!!!! It hasn't reached that high since May!!!! BUT. I honestly don't like it I am expecting a nice pull back but if it does not it can go up to fill the gap from last Friday. "This is only my personal opinion. I am not a trading/finance adviser.”
I am scare 🤣 today candle is a nice inside day candle that is re-testing that support around the $262.~ area. NOW, on the weekly, it closed below and re-test the 200 MA (W). big black candle but with small volume (that sounds wrong, but you get the point 😭) NOW NOW NOW!!! if you look at the monthly chart that looks like Thor's hammer (really). jock aside I don't...
I am scare 🤣 today candle is a nice inside day candle that is re-testing that support around the $356.~ area. NOW What I don't like about, is that @SPY keeps closing below the 200 MA (W) and the 50 EMA (M). and the bears still pushing down. If you go to the weekly last week candle had a real bearish ride even though is a "BULL" candle. Aaany ways any thoughts?...
To me, it seems that the Bears still controlling the market. nice candle today indicating the bears are still out there and want more blood. "This is only my personal opinion. I am not a trading/finance adviser.”
It seems to me that @TSLA is going to attempt to hit the $209.~ area before pulling back a bit. Be in the lookout for any reversal pattern forming this week. This is the longest bearish rally that @tsla has had in a long time. Are you a bull or a bear? "This is only my personal opinion. I am not a trading/finance adviser.”
Hmmmmm @SPY, it closed below the 50 EMA (M). BUT it re-test the 200 MA (W). We might see a lil pull back maybe re-testing the $370.~. You might be asking yourself but WHY? because tech is in a discount rn. specially since a certain company @TSLA is at a good noooobeee price. HOWEVER, I still want to see the market around the $338.~ or better YET the $323.50~ ...
Is @TSLA forming a Morning Start Reversal? 1. Nice Support area 2. Hmmm Kind of an Indecision candle 3. RSI Oversold 4. volume "decreasing" 5. 8!!!!! bear candles in a row At some point @tsla has to bounce back. Let's see tomorrow's candle. "This is only my personal opinion. I am not a trading/finance adviser.”
Woww it when down to the $58.~ area like if it was meant to be 🤣. checkout the link below. NOW if @amd closes below the $58.~ and re-test it as a resistance this week I can see @AMD hitting the $52.~ lows. MAYBE $48.~ Looking at that massive candle AND VOLUME! Last time we saw a volume so strong was back in May. BUT TBH I am expecting @amd to gap up tomorrow...
The @spy and the @qqq are looking like twins that means that all the tech company are down. Based on the candles the bears are taking control of the market again and with nice good volume too. Also, it seems that @SPY is entering wave 5 just like @aapl. It might just go down to the $350.~ area and bounce. BUT if you ask me I would like it to go down to $323.~...