MrFleck

MrFleck

Accumulate in the red zone - short term there is a possibility that BTC can dip to 55k. Personally I will average in if that happens. Not selling my current position tho! Not a financial advice. Invest safe.

MrFleck

Wave 2 was a flat; so there is high chance that 4 will be a zig zag; there is bullish divergence in lower time frame. A bounce to 451 - 453 likely early next week. From there if market goes down, it will find support somewhere in the lower part of the channel. QQQ closed below 50 ma. That's concerning. I still think we will hit ATH this year then there will be...

MrFleck

Wave 4 - choppiest wave of all. One final push coming soon before bigger pull back

MrFleck

Targets 3.2 If 2.2 holds a resistance, i would get out

MrFleck

Chart will look better if it made one more low below $90. This correction is almost over.

MrFleck

I believe the next sell off will be aggressive. VIX eruption imminent.

MrFleck

The next few weeks are going to be bloody. Tomorrow will be a perfect day to close your longs imho.

MrFleck

Leading diagonal when it breaks can retrace as much as 75%. I'll close my puts at 3600. I expect a bounce there.

MrFleck

META is on a free fall. Contrary to many, I do think META will make a nasty come back in a few years. But for now, I'm bearish on the stock

MrFleck

I'm still not convinced of this rally. I'll be patient. My puts don't expire till December.

MrFleck

This area should hold. I believe DXY might tap 119, before a reasonable pullback

MrFleck

If the momentum continues, this might hit 5% in 2-3 weeks. Not looking good for stocks

MrFleck

Everyone are so bulled up. My gut feeling says we die next week. I have started a small short position today. 320 - 330 will be the potential intermediate term bottom before a larger zig zag correction to >400.

MrFleck

I exited all my longs today. I opened a starter short position (just 1/5th of total size intended). Will add more if ES gets to 3800

MrFleck

I am going short here. Momentum slowing down (not a good sign in a bear market). Market failed to break this supply zone despite multiple attempts. I still have a small call position (runners) which I will be closing at market open.

MrFleck

I just noticed that the price action is similar to May- June; If SPY is to repeat the same pattern, it might go as high as 387 in the next few weeks before the next leg down

MrFleck

I expect one of these 4 scenarios to play out. I am mostly cash right now and wanna keep an open mind going into the next few weeks. This last leg down will pay out big if you time it well.

MrFleck

I would wait for a pop to 165 and short it. It has a long way to go down.