I am now moved to a net short the spy at 95% long in the money 510 puts for dec 2024 .I am holding out to move to a 100 to a 115 % short if we can have two thing occur .1st the sp prints 5055 and the vix on the 9 day prints 11.30 or lower.I have been waiting for the 5071 target and the dji of 38950to 39450 focus 39100 .But I saw some math as to why we...
I am posting the AMEX:SPY chart as many of the trade ideas I have posted over the last few weeks have not worked out well. This chart tells the story. The market has been choppy. While it is my belief that this is a normal pullback in a stronger secular trend, as a trader, I need to simply trade the chart in front of me and right now the market is fading. Many...
#CPI data is out and it came out a lil higher than expected
TVC:DJI broke out of the small downtrend officially yesterday
However, volume was weak, likely because of CPI data today
Keep an eye on RSI & $ Flow for guidance in direction.
Want to see break above for RSI.
Holding 36kish is a good sign for AMEX:DIA
Not much on...
Good morning update.
The TVC:DJI is still within the range. Logical as investors are awaiting CPI on Thursday. This will guide on cuts to #InterestRates.
The SP:SPX showing some strength & currently in small trend higher.
But the CLOSING is VERY IMPORTANT. Day range is nice but always respect the closing.
TVC:VIX is weakening again.
TVC:RUT is still...
The 20 hr moving avg on the 2hr and 4 hr bar has now given me a BUY signal as traders have run to the otherside of the BOAT from greed to fear in a very short time I am now 50% net long from a 100 % short do not be short until jan 11
Looks like the TVC:DJI is in a short term downtrend.
NASDAQ:NDX SP:SPX & TVC:RUT all are in short term down trends which begin couple days or so ago.
TVC:VIX is at higher end of the recent pattern and it keeps poking it.
*(TOOK THIS FROM ANOTHER POST
Remember, the more something is poked the weaker it becomes
Picture paper holding a marble
Poke with a...
Since the "outside" day. The DJ:DJI index has flip flopped above and below the top part of the outside day line.
It wants to push higher but when NASDAQ:NDX craters, like it's doing today, it's a lil tough.
Since we're doing intraday charts, let's do DJ:DJI as well.
What's the biggest thing that sticks out to you on the last chart?
Hint: Look at the...
I have now moved to 100 % long PUTS in the money 380 puts for june 2024 Look for an event on or about jan 11 to the 18 th if the dow at anytime can reach into 38200 to 38400 I will add 15 % long puts we are now 1.8 % above the dji monthly BB BANDS market panics since 1902 to today have seen drops and beginning BEAR MARKETS from 1.4 to 3.5 % above this point as...
After the outside day formed by TVC:DJI , it pumped a bit and regained most of what was lost in that 500pt loss.
1Hr chart sows it trading back above the moving avgs (intraday).
TVC:RUT is the only index that has traded ABOVE its recent highs.
TVC:VIX is struggling to close above a small resistance area, 14.
The SVXY peaked right into the target of 104 at 103.65 For wave 5 of 3 of 5 we just saw wave 4 low . we did the exact in most every Aspect in svxy and the sp 500 . this lead to the last draw out battle from july 6 to july 27 final peak. 20 days if we align the two time frames we get a TOP 1/ 11/2024 see chart golden ratio spirals they are near...
DIAUSDT(DIA) Daily timeframe range. after some nice pumps it looks a wickout on daily. gotta careful on that. on other hand clearing 0.5349 clean could have led it till 0.7535 if it can stable stay above.
Once again, the indices are rising strongly. While the SPY is heading towards its all-time high, the QQQ and the Dow Jones ETF are already breaking a new all-time record, again. When will we see the market calm down again? What if a top signal appears on the indices?
The SPY ETF is in a clear uptrend, making rising tops and bottoms, breaking its resistances and...
DIA Coin PRICE PREDICTION
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 0.4820 and 0.3600
👉 Follow me for more real time opportunities.
Share your Thoughts if you have any?
DJ:DJI is fighting to stay above, hang around resistance.
NASDAQ:NDX came back & fighting to chug higher as well.
VERY IMPORTANT AREA for $SPX!!!!!!!
Strength has subsided but it's not down yet.
Could AMEX:SPY retest the highs?
TVC:VIX is holding but doesn't look fully awake. Hmmm...
#stocks AMEX:DIA NASDAQ:QQQ AMEX:SPY
SDOW has leveled off at a near-term bottom after a downtrend as confirmed by bullish
divergence on the RSI and MACD while the price went sideways in consolidation.
Volatility has contracted as have trading volumes. I see this as a buying
opportunity with a stop loss of 20.5 below the low pivot in consolidation and the first
target at 22 underneath a...
IWN on the reliable daily chart has been trending down for two in a descending channel as
shown on the chart with upper and lower trendlines drawn with the tool. The Stochastic RSI
oscillates in the interval between oversold and over bought and presently is well
overbought at nearly 100. While the RSI may double top like it did in July, it is at least...
On the flip side...
DJ:DJI is pumping today & leading.
The industrial is at a major resistance level & pushing through, for the moment at least.
AMEX:DIA hasn't been able to trade above this area for almost 2 years!
How will it handle it this time?
Weekly RSI hasn't been much higher than current level since mid 2021.
#stocks AMEX:UDOW AMEX:SDOW