rarebreed29

rarebreed29

Though slightly cryptic im pretty sure everyone can understand what this is saying rather self-explanatory to look to fill the gap. Gaps do not always get filled BUT often do. This is your temp. short-term Bullish case within reason and short of a moonshot of good news and or actual change of narrative globally. Overall, we may or may not fill the real gap around...

rarebreed29

So, for the moment it seems that RED line i posted and gave you to work with yesterday seems to be in play for now. Let's use it while we can. If it works, use it. If you staged any planning and or trades around this info when i dropped it yesterday, then it has worked out well for you. That could have been useful info for a short as well as a long. Just OPN YOUR...

rarebreed29

I know that everyone loves to be PUMPED up and fed extra B.S. so i went and found you some we can HOPE for if feeling Bullish. If the RED line can become the temp channel instead of having to go all the way down to the yellow below it for HOPE of support. This could save you another day of DOWN and give you some sort of T/A to go with your DIP buying for the day...

rarebreed29

If you look out far enough to see the last 12-18 months. You'll clearly end up seeing that we have been in a strong downtrend. You will also notice that we have finally for the first time in about 18 months really started to see what the start of the new BULL market might be. You don't want to get caught without exposure and end up feeling like you missed the...

rarebreed29

If you zoom out far enough to see at least the last 6 months at a time when making your analysis. Youll find that we have no real major R coming up above us until this Range right here above.

rarebreed29

If you zoom out far enough and see the last quarter or even 4 months, you'll realize that ever since the end of the 2nd week of October bottom we have been trending UP. This uptrend is still in effect and seems to be only gaining in momentum, hype, and overall sentiment. My only question remains WHEN housing correction for real and WHEN auto industry correction...

rarebreed29

You could easily say from basic and simple TA techniques that the entire month of February. We have been in a downward trend and that we are still fighting with the top R lines of this trend as we speak. If only looking out/zooming out far enough to see this on the monthly bc you are so tied into the daily and even hourly leveraged trades, then there is high...

rarebreed29

If you look at the entirety of 2023 the spx spy etc. is in a clear and simple to read uptrend. you buy on the bottom line and sell the R's at the tops and or short from there back down if you like to play both sides. So you could simply say that so far 2023 is in a Bullish phase and trending UP. The entire year has been a positive buy and only looking up it seems.

rarebreed29

Let me know when we leave this channel should be the outlook for most. Until this happens you have a rather seesaw short move market channel, we are residing in. For the more active day traders and scalpers there is plenty to love about this. However, for the long-term investor You should wait and see which direction this is going before truly feeling any sort...

rarebreed29

So far my yellow lines have served me well for buying, selling Rinse and repeat this week. Let's see how much longer they stay in play. This is the SAME chart i used in the end of 21 and through 22 and tried showing everyone where we would be After turkey day. That prediction also came TRUE. No one seemed to be on board with the massacre of the markets coming...

rarebreed29

I say watch the yellow. I understand it was HUGE that we broke through the trend that was highly compressed everyone's been watching on the tops and peaks and now that diagonal line is broken. However, I'd argue that this other diagonal as well as the Horizontal near it also may cause some near-term Resistance. however ultimately, I'm ok with the UP and called...

rarebreed29

Remember back when everyone thought we were going to make NEW ATH and end up over 5k on the #Spx? Remember when i said for those wanting SAFETY to expect the real downside to begin just AFTER Turkey Day. MANY questioned and MOCKED the post and or acted like i was CRAZY. I also remember saying at some point after the crash we should come back and FILL the...

rarebreed29

It might be quick and violent tomorrow, or it might play out over the weekend and then sell -off Sunday-Monday but either way IMO I'll be worried too much about these possible scenarios to stay blindly long in anything I'm not long-term holding.

rarebreed29

Clearly marked ideas just choose your color and see how it plays out. Looking at lower time frames can become quite tiresome on the daily and often it helps to take into consideration the overall BIGGER picture and step back and look over the landscape.

rarebreed29

I have been talking about this for a while. Mentioned it in a few videos and other charts I've posted. I really thought someone else by now would have posted something better and more detailed and i was going to say "yeah that's what I've been saying" since that never happened, I'll try a little bit harder to get my WARNING out. Just look at what played out and...

rarebreed29

This is getting REALLY interesting and a LOT of FUN. BUT please DONT lose sight of CAUTION and some reality. T/A works and reality will catch up eventually. Play the levels as they are and DONT get caught up in the FOMO of it all without setting Stops etc. THIS is EXACTLY when,where,why,HOW people get Wrecked. and FAST... This market is not showing signs of...

rarebreed29

If you've been following the setups and levels given, then you SHOULD BE at least feeling BETTER these days about your positions etc. Now lets look to fill this current gap and then debate if you TP (take profits) AGAIN or ride this into the close and roll the dice on Monday open. IF you want to roll the dice, at least be out of bed and into the premarket for...

rarebreed29

I'm really liking the setups on this chart; I had a brief worry after closing yesterday and getting the pullback in the SPX and the overall Bearish thesis caused briefly by Amazon and Google and Microsoft selling off after hours. Also, I couldn't help being slightly worried by the small gap in the chart. However, that gap was filled and bought back up in a really...