In this first installment we'll be breaking off the first piece of our complete analysis. These bite-sized chunks will ensure that each segment remains coherent and digestible. The first thing I want to think about is the length of time of "rounding tops". Each of these rounding tops is angled upward from end to end. If you scroll back on Bitcoin you'll see...
Primary Chart : TSLA's 2D Price Chart with .618 Fibonacci Retracement of Decline from All-Time High to Jan. 2023 Low and Various Degrees of Trend Represented by Conflicting Channels SUMMARY: 1. TSLA's technicals are unclear and conflicting. The trend from the 2021 all-time high remains downward until broken. The trend from the January 2023 low remains upward but...
Last year May 2022 we were exactly in the same spot on AMEX:SPY as we are today. So if you'd just buy and hold you'd be nowhere. TRADING MARKET FOR SURE. MAY 3, 2022 AMEX:SPY : OPEN: 415.01 HIGH: 418.93 LOW: 413.36 CLOSE: 416.38 MAY 3, 2023 AMEX:SPY : OPEN: 411.36 LET'S SEE WHAT FOMC BRINGS.
Last year May 2022 we were exactly in the same range we were exactly in the same range on AMEX:SPY so if you'd just buy and hold you'd be nowhere. TRADING MARKET FOR SURE. MAY 3, 2022 AMEX:SPY : OPEN: 415.01 HIGH: 418.93 LOW: 413.36 CLOSE: 416.38 MAY 3, 2023 AMEX:SPY : OPEN: 411.36 LET'S SEE WHAT FOMC BRINGS.
BAC daily evening star reversal be quick it's a chop city.
The S&P 500 Index (SPX) futures have recently deviated from prior expectations, exhibiting a lot of overlapping and corrective price action. This irregularity has led to uncertainty about the market's near-term direction. As we approach the end of the week, let's take a closer look at the anticipated trends and key levels to watch. Today's upward movement may...
I'd like to examine the recent performance of the S&P 500 Index (SPX) futures and provide a simplified analysis. I initially targeted the 3990 level for SPX futures, but the market fell slightly short of this target. It's still possible (and likely) that we could see a move down to this level (or 3970-3980) in the near future. The current market movement appears...
Bias: In a range between 396 and 402, leaning bearish. Top Watches: Long - GOGL, HIMS, ZM, VTNR. Short - OLPX, KDP, DISH, TGTX. Tune in to my stream at 9:30 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Bias: Early sell off. Chop around between 397 - 402. Top Watches: Long - TGNA, CRWD, LICY, ATEC. Short - PFE, KHC, CMCSA, GILD. Tune in to my stream at 9:30 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Bias: Inside Chop. Wait and see for direction. Leaning bullish. Top Watches: I will update this post with my top four long and short ideas between 9:25 - 9:30 EST. Tune in to my stream at 9:45 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live...
Bias: Bullish Grinder. Support below, small void up to 410 area. Top Watches: I will update this post with my top four long and short ideas between 9:25 - 9:30 EST. Tune in to my stream at 9:45 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live...
Bias: Bullish. Be mindful of resistance above, could make it choppy. Top Watches: Tune in to my Live Stream @ 9:45 EST for my full list of top stock watches Follow @JLaing for a timely morning bias of the market, top stock watches, and live day trading every morning!
Bias: Bearish chop Top Watches: Tune in to my Live Stream @9:45 EST for my full list of top stock watches Follow @JLaing for a timely morning bias of the market, top stock watches, and live day trading every morning!
Bias: Choppy Bullish Top Watches: Tune in to my Live Stream @9:50 EST for my full list of top stock watches Follow @JLaing for a timely morning bias of the market, top stock watches, and live day trading every morning!
Bias: Neutral (Looks slightly bullish but extended) Top Watches: Tune in to my Live Stream @9:50 EST for my list of top stock watches Follow @JLaing for a timely morning bias of the market, top stock watches, and live day trading every morning!
Bias: Bearish Chop Top Watches: Long - NIO, TCOM, ATVI, DVN. Short - CPNG, SWN, BAC, TSLA. Follow @JLaing for daily review/bias of the market and top stock watches for day trading every morning! Tune in to my livestream every morning from 9:15 - 10:30 ET to see real live trading and get a more thorough review of my top watches!
Bias: Bear Chop. Top Watches: Long - M, CSCO, BJ, BBWI. Short - TSLA, LCID, AAL, WFC, COIN, DIS, GM, CRM. Follow my page for daily review/bias of the market and top stock watches for day trading every morning! Tune in to my livestream every morning from 9:15 - 10:45 ET to see real live trading and get a more thorough review of my top watches!
Primary Chart: Long-Term Anchored VWAPs and YTD Down Trendline Whenever price action gets confusing, it can help to take a step back and consider the larger picture again. Many experts have weighed in after each consecutive low in this year's bear market, with some claiming that the lows are in, and others claiming price has much further to fall after the...