marketaction_live

marketaction_live

Rising Wedge on SPX 5M Chart Entry Short Price 3721.75 Target Price 3676.00 ish SL 3748.97 Risk Reward 3/1 Political uncertainty with Georgia runoff elections. Can also consider ATM put options at target price.

marketaction_live

FDX Support $255 Bounce Target $265.72 December 31 $265 Call Sweeps Above 30 TEMA 3 Green soldiers on the 1HR chart RSI and CCI ready to push higher. NYSE:FDX

marketaction_live

Netflix misses on Subscriber growth number. 2.20 million vs. 3.57 million expected. If you ask me the expectation was too high and set to disappoint. The chart is already forming a double top and creating short them resistance to the upside. Last time when NFLX missed subscriber growth numbers and had a Quarterly decline was Q2 2019. On these results the stock...

marketaction_live

RSI Curving Up into next week. TVC:VIX Target 31.50

marketaction_live

Following a similar trend as September 1st week. SPY will retrace back after bullish momentum and Gap up’s last week. The Gap up was caused due to expectations for a Stimulus package in the works. SPY is forming a Cup and a handle which is a bit of a head scratcher. Which is generally a bullish trend. But looking at CCI and SMS curving downwards. I believe SPY...