We have successfully scribbled in the last two pit stops and are now looking to hit this #3 destination. We will /are expecting a better bounce and fake out from this next target so watch out.
This is the main thing I'll be watching as a proxy to most of my trading this week. This alone will give you 70+% of everything you need to know/monitor on the fly.
Just remember WHO gave you these SIMPLE lines BEFORE they were relevant. Not AFTER. I drew these scribbles and gave you the idea to watch for and the EXACT levels BEFORE there was ever ANY candles /wicks in these areas for you to watch. If that's not helpful for you more than hearing random doom or gloom, then by all means just do as everyone else.
Its IMO highly likely you get some sort of scenario like this over the next few months and into this winter. Once we break that $32- BER:33K level there really isn't any R until the $37k range and its HIGHLY unlikely we go up there and smash through with a real pullback which we have yet to have for a while now. You need that kind of FAST and DRAMATIC pullback...
Since i know so many of you like scenarios ill give you a few. options on plays and you must create your OWN scenario and executions of variables and how you want to play them etc. i.e. long/short etc. 1. Next week we watch for the test and or rejection at 4450 range. IF we can break above and then come down and turn that range into support. We can look for...
Watch this closely as it will play into the move's you're looking for with your stocks as well as Bitcoin and Crypto etc. I try and keep it simple for you and tell you I don't post 24/7 for engagement farming and or to confuse you with the smaller intraday moves etc. But here we can take note of the fact that the lines i gave you of interest and to watch for...
After trading in a range from $4-$8 for the last 14 months, we find ourselves now with the possibility of turning the box marked with bulls into a support/buy zone. If we can get confirmation and continuation on this into next week or even just the markets hold up Monday i would expect at the LEAST to revisit the recent high. Making for a nice quick play. However...
Seems like a lifetime ago. When everyone was only looking at 2800-3300 vs 3500-3800 (bulls vs bears) and I kept telling everyone about the CME gap I kept marking with the big BULL and checkered flags lol. Even though i agreed they could keep pushing the macro etc. and we could see lower. I still said that gap needed to be filled IMO. Sadly I'm still not certain...
Well i know the markets and watching the $ can make you feel crazy. I know that a lot of people seen the premarket moves and premarket views and SOLD right into support. When really, they should have been looking for pullbacks/reactions to plays the KNOW and like as to their movements based on this chart ALONE could have EASILY given you entries from premarket to...
If this top red line of R can hold here and push us back down you can expect sopme more positive movement on your favorite plays today. If not you might want to look for a change in temp. ideas for the day and look to #BTFD
We will be watching and hoping that neither of these green lines gets much reaction. Hopefully just back down to the Red line and IF we get lucky later lose that support.
Would be nice to see this finish running up into R today and then begin getting rejected. Then follow up with a nice setup on the markets and crypto for a Friday push higher and crypto to get a good ole fashioned weekend pump.
last week i told you to not count on the first TWO lines below $29.1 line to hold second time around, like they did last week. BUT instead to watch for reaction at the $27.9 line. for most likely a bounce to $28.7 range followed by the continued sell-off to the $27.1 line and THEN begin questioning your position sizes and if going back up or down based on...
We have fallen below the upward Extra Bullish trend channel i gave you back at the MARCH lows. It seems rather clean and clear that currently my channel is now acting as Resistance so its still in play so to speak and worth keeping and watching. When everyone FREAKED out and sold off the crash we really only dropped to EXACTLY the 1st line of support from the...
We have Left my trend lines and ever since the double bottom we are seemingly creating a new trend. I'll be watching this week to see what kind of decision we get here from the markets. I'm not yet ready to make any calls and or create a quick new trend line to give you to count on just yet. Lets wait and see how the rest of the week plays out and if it...
No changes made to the lines. Same layout from weeks ago. Still working and giving reactions in these current markets and even with the fake dips/selloff's etc. pumps etc. The lines from weeks ago are in play now. Until major changes to trend structure take polace we will stick with what we already had layout for and if it works use it.
Just look at that bounce from the secondary support line i gave you MONTHS ago to watch for and use IF and WHEN we lost the upper trend. This is NOT the 1st time this line has been the BEST time for you to buy. Who else made it this SIMPLE for you? The lines and the system i gave you to work with MONTHS ago is STILL IN PLAY.
Just look at these reactions my scribbles are getting. These lines have not been moved or adjusted these are the same trend lines I gave you weeks ago. If it isn't broke. KISS ( Keep It Simple Stupid) Everyone else telling you only about the old line and the breakout of it and or giving the new lines now. I gave you this as a second R line trend above the...