Google, 1 OCT - Elliott waves | Gann | Astrology $GOOG
Alphabet approaches Gann level 2651 and we can count 5 waves to the downside (green count).
The 20 week MA (red) is located below at 2630.
An idea would be to reduce short exposure on Gann level and further observe if buyers step in.
Ascendent conjuncts natal Mercury today, however it stands in trine to natal North Node. Mars squares natal Venus on 2 OCT. Overall rather mixes signals.
Alphabet’s Waymo received a license to offer self-driving rides in California, an important development for the company. Until 8 OCT the Irish govt. is to decide on joining OECD corporate tax proposals, which may impact Alphabet’s margins so that we need to be careful with long positions.
______________
www.constellations.trade
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
Open an account here if you'd like to support my work:
TastyTrade
America's best Options, Futures and Crypto broker
start.tastyworks.com/
Deribit
The world's most liquid Bitcoin options platform
www.deribit.com/reg-14912.6680
Binance
10% off trading fees with this link:
accounts.binanc....me/en/register?ref=LLBB97...
These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice:
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
TD = Theta Decay (for example a strangle or iron condor)
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
The 20 week MA (red) is located below at 2630.
An idea would be to reduce short exposure on Gann level and further observe if buyers step in.
Ascendent conjuncts natal Mercury today, however it stands in trine to natal North Node. Mars squares natal Venus on 2 OCT. Overall rather mixes signals.
Alphabet’s Waymo received a license to offer self-driving rides in California, an important development for the company. Until 8 OCT the Irish govt. is to decide on joining OECD corporate tax proposals, which may impact Alphabet’s margins so that we need to be careful with long positions.
______________
www.constellations.trade
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
Open an account here if you'd like to support my work:
TastyTrade
America's best Options, Futures and Crypto broker
start.tastyworks.com/
Deribit
The world's most liquid Bitcoin options platform
www.deribit.com/reg-14912.6680
Binance
10% off trading fees with this link:
accounts.binanc....me/en/register?ref=LLBB97...
These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice:
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
TD = Theta Decay (for example a strangle or iron condor)
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.