IDEX Analysis Weekly Chart
Loss of Bearish Momentum
Long Wick Rejection of Dynamic Weekly Support (1.15)
0.236 Fib from March Swing Low same as Support (1.15)
Volume Exhaustion in downtrend
Bullish Divergence (MACD)
Bullish EMA Cross 7/13 Week (14/50)
Trend Remains Bullish over 1.05
Daily Chart
Low Volume Consolidation in Falling Wedge (2x Avg Vol on Green Candles)
RSI/SMI Consolidation Zone (50/5)
Slightly Bullish Divergence (HIST)
6th Rotation Closed with a White Spinning Top above 50EMA
4hr Chart
Falling Wedge
Bullish Divergence (MACD, HIST, VMMACD)
PivotPoint Rejection
Bullish Momentum
1.45 Trend Reversal Level
Strong High Volume Rejections of Bottom Trend Line
Weak Low Volume Rejections of Upper Trend Line
IDEX
IDEX IdeanomicsWith fraud encircling this company. I am short. However, it is respecting the trend lines well. If we don't go down tomorrow we will go down soon. Tomorrow is setting up to be interesting. Regardless, I am going to hold the best I can on my puts.
$IDEX Launches as the Robinhood Army Comes to TownIDEX is another big mover in the EV space that has bloomed into popularity with Robinhood traders.
But this is down-tier and already at #1 in w/w popularity change on Robinhood, so we may be in advanced stages in this name after 800% in a couple weeks.
$IDEX- Ideanomics IncIdeanomics Inc looks like it can break new highs and start flying....
Trade safe yall!
IDEX Big Two Day MoverBig two day mover #IDEX $IDEX broke above resistance right at market close. Looking for it to re test, for my entry, and then will ride the continuation trade either way, ill be watching this the next few days. You can visit my youtube and watch my full video recap, link in the description!