This is my analysis for SPY for this coming week. I have clearly explained the levels and my intentions. Let me know if you have nay doubts. NOTE:WE ARE BULLISH
QQQ - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short QQQ Entry - 458.03 Sl - 468.73 Tp - 438.87 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Tower Top Breakdown in the works. Seems like whatever or whenever it happens, it will be close to next Friday. Remain Bearish unless new highs are established. Seemingly easy Trade here. MACD in same positioning as well as RSI. Seems like WMT doesn't get much volume in general. Not necessarily a bad thing. Options could pay well here.
SPX is heading to new all time high by May 21. Invalidated if breaks below Apr 19 low.
Markets Sold off: IWM (Small caps) underperformed. Most commodities hit on the downside: Gold, Silver, Copper, Oil Natural Gas surging & squeezing NVDA pumping on earnings: Our SOXL calls will print. SemiConductors i'll be trading tomorrow. NASDAQ:ON , NASDAQ:SMCI , NASDAQ:ARM
Price target of 480 - 520 by 2024 year end, bullish on US tech
A deep correction from here could allow us to reset before making a true generational market top. I will elaborate more in attached posts, but just a possible idea for price path from a 3-5 year perspective.
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: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)