As you can see, the S&P 500 index closed at a higher price on March 2nd, 2008 than it did on August 1st, 1996. However, it closed at a lower price on March 1st, 2000 than it did on March 2nd, 2008. This means that if you had bought the S&P 500 index on August 1st, 1996, you could have bought it again on March 2nd, 2008 for slightly cheaper. However, if you had...
NASDAQ:TSLA I had an alert set on the Area of Resistance Line on this chart. It triggered this morning and I have taken a ½ size position in anticipation of that becoming support. I do not know if it will play out that way so I have a stop under the 50 DMA (red) which would a 4% position risk. Should it move up and over the resistance area I will look to add. All...
NASDAQ:PYPL Clearly seems to have a lid on the upper end near $68. However, looking at the chart we have a series of Higher Lows beginning in February. There is a good chance that it will have a move to retest the $68 area. All TBD. I have an alert set just over yesterday’s high of $64.43. Should that trigger, I will open a position with a very tight stop just...
I have called a couple real big pattern moves on #Netflix so on todays mega rally I take a quick look at the potential price projections that may or may not end up occurring I am not a guru or price forcaster i just draw lines on charts like always Your Risk Your Reward But i am someone who does highlight Risk i.e. downward prices when I feel/see that...
simple price action here, 4h macro structure broke to the upside with the 1h flagging at highs. Don't let it fool you though... this play could Boom OR Bust. Size accordingly.
AMEX:XBI Firstly, I may have an unhealthy attraction to this ETF. I have been in and out of this ETF a number of times over the last few months and overall, just a few $ profit. Having said that this has been basing Since January 2022. The longer the base the bigger the break, or so the Wall Street Axiom goes. It did breakout in February 2024 and quickly failed...
Markets close at weekly ATH. Commodities surging, URA, Gold, Silver, Copper, Nat Gas NVDA earnings on Wednesday.
QQQ - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell QQQ Entry - 451.77 Stop - 460.12 Take - 437.86 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
This is SPY Weekly. I have clearly explained the levels. If you have any doubts make sure to DM me. NOTE:GO LONG ONLY WITH DEFINED SLs
My dear followers, I analysed this chart on QQQ and concluded the following: The market is trading on 451.77 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 440.08 Safe Stop Loss - 458.64 About Used Indicators: A super-trend indicator is plotted on either above or...
If you haven`t bought the dip on QQQ: Then it's important to understand that it's currently exhibiting a double top formation, known as one of the most bearish chart patterns, along with a substantial bearish divergence. I foresee a retracement soon, possibly to $416, but I still expect it to finish the year on a positive note!
Current position: 50 Shares at $31 (small position) Option premiums are too pricey, so I just bought shares. Trade Idea May 24 50C $2.15 (very high risk)
We are in a BULL MARKET so the risks are to the UPSIDE, one of an explosive rally as fund managers who have badly gotten the market wrong panic buy propelling the Stock market driven by #FOMO rather than reasoned analysis to far higher than people can imagine. New bull market highs should arrive during summer 2023! All whilst indecision reigns supreme on...
The posted best reflects my view within the wave structure . as The VIX has entered the 12.74/12.4 For months I been calling for two targetin the based on 2000 peak and the 2007 peaks they were 5261 gann 2000 peak of 1555,5 and 2007 peak 5331 I am net long puts in qqq and spy till I see otherwise
NASDAQ:TSLA I have taken a full sized long position pre-market on CPI news coming in at to under expectations. I like that it has regained all major moving averages, and this gives me a very good risk reward entry. My stop will be below yesterday’s low of $174. It is even possible that I may close it out before that if it starts dropping today. All TBD. See...
Tracking head and shoulders along with wave 5 of 5 completion to bring this into play. Two pieces of information to watch as the days progress. Feels bullish and it is But market moves in waves We care coming up on a correction when we complete 5 0f 5 Update as we go www.tradingview.com
Weekly plan: ESH2024 NYSE:ES FUTURES 5/12/2024 5280 >> 5307 >>> 5334 Weekly pivot: 5250, Now 5238 5224>> 5173 >>> 5146
Welcome to Spy weekly. I have discussed the levels and my expectation of the market. If you have any doubts feel free to msg me.