fallingumbrellaman

fallingumbrellaman

Think we reverse here. I bought after the opening 5 min bar today.

fallingumbrellaman

We going higher and higher amen

fallingumbrellaman

reversal from oversold conditions near support after massive post earnings selloff.

fallingumbrellaman

entered long on possible longterm breakout reversal

fallingumbrellaman

higher and higher amen

fallingumbrellaman

higher and higher amen

fallingumbrellaman

higher higher

fallingumbrellaman

breakout price and momentum target $290s then $310

fallingumbrellaman

nice price action at support

fallingumbrellaman

GDP and employment up, interest rates down.... welcome to boom town.

fallingumbrellaman Updated 

Targeting low $140's

fallingumbrellaman

I know it's only Tuesday but....inside and down on the weekly near ATH with negative RSI div looks juicy. Currently testing support around 2940-2960.

fallingumbrellaman

3 candle reversal bullish price action in oversold territory and near support.. First target $9.50.

fallingumbrellaman Updated 

Seeing a definitive break DOWN in the price of wheat futures. We need to see an immediate continuation in the upcoming week to get properly short. Also watching other AG futures like corn and soybeans for perspective.

fallingumbrellaman

If we drop below 2760ish we will probably retrace to 2700 quick. I think that sets up a nice bear trap for all those who are sure we are in a bear market. We recently made a 4 month high by taking out the November 2018 high that served as resistance through Dec. I'm looking for a reversal near support at the 23.6 fib around 2700.

fallingumbrellaman

I knew on December 27th that we were gonna see a powerful rally, but I didn't think we'd be testing higher highs anytime soon. Here we are in mid Feb targeting 2820 or there-abouts. The momentum in price says we just HAVE to go there. If we make a higher high I see bulls testing ALL TIME HIGHS here shortly thereafter. Sellers completely exhausted themselves in...

fallingumbrellaman

Powerful weekly bullish engulfing triggers an IHS(inverted head and shoulders) pattern. Oil prices are going higher. No point in trying to decipher the inventory data or saudi opec press releases. Buyers are willing to pay higher prices. Bulls are in control. Targeting $58 first. Then $63.

fallingumbrellaman

We got a very pretty looking IHS breakout in gasoline futures this week. It's also a leading indicator for light sweet crude, brent crude, etc.. Sorry but gas prices are going up. Targeting $1.65.