l4uren_stew4rt

l4uren_stew4rt

Here’s a more detailed rewrite of the bulletin notes based on the chart, including price levels to make it easier to share with a general audience: NVDA 5-Minute Chart Analysis: Key Takeaways Consolidation Areas: The chart shows two key consolidation zones where NVDA's price action temporarily flattened: First Consolidation Zone: Around $136.00, where the price...

l4uren_stew4rt

If tomorrow turns out to be bullish based on the 5-minute chart, the potential upward movement can be estimated by identifying resistance levels and the overall trend. Key Points to Consider for a Bullish Scenario: Previous Resistance Levels: 134.00 - 134.50: This range seems to be the most recent resistance zone. If the price breaks out, this would be the first...

l4uren_stew4rt

I will break down the key observations, possible chart patterns, and the forecast for the next trading day. Here’s a detailed outlook: 1. Current Pattern: Symmetrical Triangle Formation The chart displays a symmetrical triangle pattern, with price currently near the apex. This signals a potential breakout as the price narrows. 2. EMA 9 Support The EMA 9 line is...

l4uren_stew4rt

Monday, September 9th Pattern Identified: Rising Wedge Key Events: The price formed a rising wedge pattern early in the session, signaling potential weakness or a reversal. The breakout occurred downwards from this pattern. Retest (Failed): After the breakout, there was a retest attempt at the breakout level, which failed, confirming the breakout's strength. The...

l4uren_stew4rt

Pink Line - 4 Hours Trendline White Line - HOD and LOD Trendline Blue Line - 5 Minutes Trendline Green - EMA 9 / Dark Pink - VWAP

l4uren_stew4rt

SPY - Waiting for the trendline to be cracked, then will go put. at 5 minutes,no chart pattern, at 30 minutes - there's double top chart pattern.

l4uren_stew4rt

I provided the details of Spy Chart on the Picture Below. If you have any questions, please feel free to comment. Disclaimer - Learning how to trade here ;)

l4uren_stew4rt

Update, made appx 1000 profit - papertrding from 1.06 to 2.11 per contract x 10. please see my previous post.

l4uren_stew4rt

I use 5 minutes Chart, tradingview does not allow any users to publish 5 minutes chart. So, My prediction, the spy will go down - the trendline has been cracked, and reached HOD of the day, it's going down. RSI has been exceeded. MACD shows its crossing down.

l4uren_stew4rt

It did broke the chart pattern, and reached to 513.18. (Discussion today with Leo over Facetime today).

l4uren_stew4rt

SPY - 15 Minutes - Falling Wedge - Chart Pattern Broken - Took approxiately an hour to sit and wait, and witness the chart pattern broken out, and jumped in, and ride on Ema 9.

l4uren_stew4rt

There's a trendline upon pre-market, and also draw the chart pattern, and waiting for the break-out opportunity

l4uren_stew4rt

Draw the trendline from premarket to openmarket, and the trendline cracked, and the candlestick starts to exploded, and climbing really nice - riding on EMA 9's.

l4uren_stew4rt

My previous plan back-fired, the rising wedge didn't work out. So, I draw the trendline(from premarket) to open market, and, you'll see the hammer right before when the trendline cracks, and it exploded, so ride off on ema 9's.

l4uren_stew4rt

On the Chart, You'll see the rising wedge. There's EMA 9 and VWAP lines - please monitor the lines and see if its going to break out. The goal - is to see rising wedge chart breaks out at 5 and 15 minutes chart, and as well ema vwap cross ema 9.

l4uren_stew4rt

Trading View would not allow me to publish 5 minutes chart, only at least 15 minutes chart. Also, I am writing self-notes. Used Few Technical Analysis to make the decision when purchasing spy. There's one mistake I did, I bought (PUT) too early when it's in consolidated. I should have wait until consolidation BREAKS OUT, and then buy the (put contracts) because...

l4uren_stew4rt

SPY - Result - Chart Pattern Broken (Downtrend) - Unfortunately the downtrend occurs during (aftermarket hours).

l4uren_stew4rt

It's almost nearby the end of market - not sure if the line will breakout the pattern in time before market close. Let's wait and see.