Through all the noise/FUD/Drama you see that simple yellow scribble is STILL in play. I gave you this plan/scenario prior to the PUMP. Prior to so many news events. Yet it still does the same thing as we predicted. Nothing has changed. Stick with the plan.
Remember when i gave you this chart yesterday for this setup. I told you this was a BUY zone for me on other markets. I'll be playing this zone on the DXY to show me my new entries on stocks and crypto.
Watching this line currently very closely to see if we can get some early HELP. TikTok
Depending upon what the DXY does this morning and IF the levels I've given and charted hold or not. These are the immediate levels I would be looking for and watching in the spx/spy etc. and use them to play the momentum of your other stocks etc. IF we lose these levels I would begin watching for the Gap fill posted and charted /given last week in the 4440 range.
IF this can hold again today you will have the setup for not only a nice day for the BULLS but also a great possibility that we continue to have strong week finish and then setup for possibly the 1st Weekend Rally we have had in a LONG time.
As many other larger and far more famous accounts then myself will agree with and tell you. Show me the charts and ill show you when and WHERE to expect the news. I gave you what route the charts and the overall macro played out in my mind BEFORE in my eyes. Learn their ways and the WAY the GAME is PLAYED.
I gave you this setup weeks ago and then fine tuned and reminded you this morning how to use it to your advantage. I hope your all killing it and using any tidbits you can from accounts you follow to help you better stabilize a winning thought process for yourself. Consistency is what you're looking for. you don't need to win every trade. Just win far more then...
Sometimes you dont want to be right. BUT you need to share your moist honest opinion and read what the charts etc. are saying and fiving you. It is what it is.
Green line may provide all the R that is needed to turn this Beezy back the other way. We shall see. However, it's a trendline that not many are watching BUT i shared with you guys WEEKS ago.
There's a decent argument for the idea that one of your LAST moments to get good entries will happen during this phase between the green and red lines. Should it go up and find R and then head back down. THIS would be your moment to RELOAD.
Are you BUYING? Maybe you should be IF you're Bullish. This a push up in the DXY will give you your entry moment and it's happening NOW.
I Think its highly likely we see something like this play out and we don't see the rest of the pain in markets come back until 2024-2025. Creating the perfect scenario for risk assets to run early and front run the cycles everyone wants.
Highly likely you get a tech. bounce here soon. Even if still going down to the bottom of the older range. That moment will be the LAST chance for many late bulls and or the biggest BEAR trap of the year finally coming to fruition.
Had I made the lines and ideas more DRAMATIC i think they would have gotten more/some attention and likes etc. However, since I kept it really simple for you and made the most sense of your week and cut out the UNNEEDED DRAMA AND STRESS. CT isn't big on that kind of thing and loves to fuel the emptions etc. So this didnt get near as much respect as it should...
If this turns into a fake out and then we hold support and bounce from here. IMO stocks and crypto will suffer. It will begin the time you can look for reentries and begin hunting Buys.
Possibly like this. I'll be watching for a bounce and in proxy give you pullback in the $spx/Risk assets etc.
If you go back to the old charts, I gave you months prior, you'll see that by zooming out I ALREADY HAVE my next idea mapped out. The next target was ALREADY THERE. As stated before I will make changes to the T/A once it is needed. However, we are STILL playing Stop and Go with lines above and below that I gave you months prior. We will keep using what works...
So far we are staying on track with the ideas given last week and the charts shared. Just stick to the simple plans given and work with what you have until further break out opportunities present themselves and or wait for corrections to find new entries if you've already TP.