SPX - Jan 2018 Resistance - zoomed out viewIf we melt up to the yellow channel boundary I will watching for a reaction, being cautious for a break of the level to hunt stops before a fade.
Diamondpattern
BNB Short SWING TRADING STRATEGY
BNB / BTC doesn't seems good, diamond pattern occurs, if the price break the support then the short is start
If you zoom out the 1D timeframe of BNB / BTC, you will see the channel downtrend, the support of channel downtrend is our target
the target is mapped using green line.
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TSLA Blue Diamond Channel SupportGood Evening, looking forward to Fed Chair Mr. Powell provide us with some clues on inflation. Multiple outcomes based on fed signals to the market - including, sell the news or, a surprise policy and extend the bull run, price action, namely volume and VIX will be the keys. TSLA bulls showed up with a couple days left before the split. At that point new charts will need to be made and option premiums will change.
AAPL - H&S on watch - Pink Diamond Channel viewwith the market melting up and AAPL range bound - looking for consolation in the event of any market give back.
AAPL held REV .618 on that test - second view - green channelsee if it can turn the green channel Reverse GP into support
SPY - .65 Blue Channel SupportI am a buyer for a bounce off the Yellow Lines in the event of consolidation. If we continue our ascent I will be top fishing the blue channel for short term puts plays if the price action provides a bear back test. If we break-out over the blue channel, a bull back-test will provide a nice level to play continuation.
Tsla at the apex of the triangleLooks like it could be a pennant. Was a good strangle opp, looking for a backtest either way, Bull or bear
QQQ - watching purple Channel reverse .786 for bounce potentialin the event of Tuesday consolidation
AAPL - reverse .382 RES Green Channelprice continues to be extended over the monthly UBB. The price action has suggested that the 4/1 split has inspired additional bull action. My play continues to revolve around shorter term frames until this resolves.
QQQ potential H&S - tightening rangeTracking this pattern. The right shoulder is not a classic rounded shape, will watch the dual necklines.
TSLA 30 Min UpdateNASDAQ:TSLA
TSLA so far throughout the day has been moving in a range with bearish sentiment. My only explanation for this is that there has been a lot of sector rotation going on this week so far from tech to other sectors such as energy, industrials, and financials, . Just take a look at $DIA, $XLF, $XLE, and $XLI. In addition to this rotation, a diamond top pattern was formed earlier in the day on the 30 min chart which was met with a rapid and strong selling pressure. This is to be expected considering a diamond top pattern is a bearish signal.
However, a double bottom Pattern formed and we can potentially see an inverse head and shoulders pattern form by tomorrow. I will personally be going long if I see TSLA confirm this pattern and break out over the 1413 level
Sentiment: Neutral to Bullish
Reasons:
1. Temporary Sector Rotation
2. Double Bottom Formation
3. Potential Inverse Head and Shoulders Pattern
AAPL - set additional cross channel also set cloned bull diamond channel below in the event of consolidation
