Not sure which way TSLA is gonna pop at the moment but it is certainly squeezing up with a TTO, choppy choppy. Gonna be looking for #TheStrat to trigger entry on the weekly or for a actionable signal on the day chart
Hope you made some money today. Lat time I showed how when we get to this level we normal have a massive dump off. Still held true all this time later.
As discussed earlier we are heading into a choppy zone for SPY before a big break out. Today Finished as a failed 2 giving a good Put set up. However we know the that we are heading into a choppy zone. Scalps only using price action and wait for a clear set up. We are going to leave this zone. Not sure if we will break the top first or not though. I personally see...
If we zoom out on the daily and look at the area SPY is getting ready to tap into we can see its entirely possible for it to break this tread line but buy doing so it will enter into a notoriously choppy zone. It could spend days there before having a break out and then it has the chance to go up or down after the chop. You can see here when it broke to the upside...
Today ended up being massively bullish after FED Powell. Spy broke resistance and the daily broadening formation its been respecting for quite some time. But interestingly the bullish momentum stopped after almost touching the tread line. I'm very interested to see what tomorrow will bring. My Advice is to wait for a clear set up and then make a move after a...
Looking to take ABNB for a 2-1-2 continuation on the daily to the downside. This already lines up nicely in FTFC with the weekly and monthly for the short play already. Although it is a one and can break to the upside I'm not neutral on it because of FTFC this late into the month and middle of week.
DKNG has a nice 2-2 Rev on it that will trigger the flip of TFC on the weekly to give full TFC all the way to the monthly lining up. Looks like a good daily play for smaller accounts looking to grow with minimal financial risk.
