emehoke

emehoke

Haven't touched this chart since April. updating with s/r levels.

emehoke

Another popular twitter stock. just hit an area where sometimes we see new moves come out of. ------------- If you look at the volume bars where it broke the double top's previous high, you can see it was way higher than typical. This could actually be a sign of exhaustion. Actually I am a little conflicted on this stock now. Probably just wouldn't trade it.

emehoke

PLTR looks like it has removed itself from the backside of the Elliot Wave Sentiment thing, and now is going to try to find some optimists to get the ball rolling.

emehoke

I see a lot of people have TSLA on their long term lists via twitter, so I'm doing some analysis of popular twitter charts. TSLA being one of them.

emehoke

other indexes are still rallying from the bull flag, but the nasdaq got sold into and is now trying to recover using s/r levels and 50% correction area on fib.

emehoke

Currently we are trying to identify when/if Mr. Bitcoin is going to continue moving higher. Because it almost certainly will. Here I am looking for confluences between.... Supply/Demand Support/Resistance Fibonacci Retracement Volume Bars

emehoke

just looking at things, not posting brief descriptions...

emehoke

might not be an explosive one, but I don't know many buyers that can resist a bull flag. There is a lot of resistance to get through, but flags sometimes have a way of spearing. ----- A small tangent on trading multiple time frames: When I first started trading it seemed like changing from one time frame to another was comparable to looking at entirely...

emehoke

just showing some attention to my favorite reversal pattern. Getting better and better at spotting these, and it's a good time when price sticks to the plans we make for it.

emehoke

Nasdaq was a buy this morning. Keep track of the action later today to understand what the markets are thinking. I’m looking for it to trickle higher, but makers could be setting up a hard sell. It would be a dirty trick, but such is market-land.

emehoke

this pattern doesn't always come to fruition, but its a sneaky rallying cry for the bulls. when it's not there is when the bears are happier, but it doesn't always succeed either. I drew this hastily and sloppily, but its a point worth illustrating.

emehoke

one of the wicks I'm seeing is tilting it to the side of seller resumption. This indicates that price attempted to push higher and was quickly pushed lower. It falied to make a new high in the creation of that wick, which is double bear points. I'm simulator trading today, but I'm short every index and I'm up on every index.

emehoke

US gov looks like it's going to raise the debt limit once again. This might serve to stabilize markets for the time being. I'm used to wathcing markets go up forever, I honestly don't know what's going to happen after big selloff like what we just saw. New date to address debt limit is 12/22

emehoke

been not looking at charts much lately. trying to get back into the groove. getting into politics more and it's been a very depressing revelation. anyway, markets are looking like s***. it might be in for a rebound at any given area of previous demand. September is a seasonal bear month, and so far is meeting expectations. the US gov is in danger of defaulting on...

emehoke

the whole crypto market just flushed. I don't really know what to make of this. We are entering a seasonally strong time of the year for crypto, and in general markets have never been better. El salvador just accepted bitcoin as a national currency or something along those lines... Something must have happened?

emehoke

what price does at a consolidation gives you a good idea of what it's going to do in the future. If price is at a high volume node, that means buyers and sellers think it's fairly priced. In this case price is moving lower out of the consolidation region. This tells us, at least for the time being, that buyers are stepping away.

emehoke

not seeing any real weakness. as a trader you are always watchful for signs, but this looks very bullish, I would say anybody selling at this point is crying wolf.

emehoke

nasdaq is showing a lot of weakness in the price action it gave us over the weekend. Not sure if markets will use this as a fatal flaw to take it lower or will see it as like "who really cares because it was a stock market holiday and there was low volume. So far price is responding to some areas of previous buyer activity, but the following move is not taking...