Trend lines drawn from the 2/16 ATH (16d), 3/3 (5d) and today 3/9 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Wednesday, March 10, 2021 Facts: -0.04%, Volume lower, Closing range: 14%, Body: 69% Good: Higher high, higher low, support above...
Trend lines drawn from the 2/16 ATH (16d), 3/3 (5d) and today 3/9 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Tuesday, March 9, 2021 Facts: +3.69%, Volume higher, Closing range: 71%, Body: 56% Good: Good gain on higher volume, higher high,...
IXIC had highly anticipated and hoped for bounce after recent correction, which lines up with the 10 year Treasury bond rate dropping a bit. It looks like both charts are hitting resistance/support. IXIC looks like its neither terribly overbought or oversold on RSI. Tomorrow is a potential big pivot point for both charts. Will TNX find support and IXIC meet...
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- Since the chart posting date was incorrectly checked, it was updated with the command of the previous post. Accordingly, I will post...
SO we have another ELLIOTT SET_UP again. BUYING STRATEGY: Take 50% profit at 50% of previous WAVE (just do it) and place stop at purchase price. IF price reverses lower YOUR EVERN,.... IF price continues UPEARD TREND then, re-buy at NEXT CORRECTIVE WAVE. This is actually a very aggressive strategy for going in early that is why 50% "hedge" PROFIT is taken EARLY...
10 yr Yield expected LOWER, RISK-ON after conformation. BUYING STRATEGY: Take 50% profit at 50% of previous WAVE (just do it) and place stop at purchase price. IF price reverses lower YOUR EVEN,.... IF price continues UP-TREND then, re-buy at NEXT CORRECTIVE WAVE. This is actually a very aggressive strategy for going in early that is why 50% "hedge" PROFIT is...
Trend lines drawn from the 2/16 ATH (15d), 3/2 (5d) and today 3/8 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Monday, March 8, 2021 Facts: -2.41%, Volume lower, Closing range: 2%, Body: 73% Good: Held above 12,600 as market closed Bad: ...
TVC:IXIC NNDM IDEX It looks as if the downtrend is over. I think it is time to reap what we sowed. There is a clear sign of hammer candlestick. This week will determine if the downtrend is over.
Break down H&S shoulder pattern. 0.618 support line should be first support, not reversal until price is above neckline
The Market Week in Review is my weekend homework where I look over what happened in the previous week and what might come in the next week. It helps me evaluate my observations, recognize new data points, and create a plan for possible scenarios in the future. I do occasionally have some errors or typos and will correct them in my blog or in the comments on...
Trend lines drawn from the 2/16 ATH (14d), 3/1 (5d) and today 3/5 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Friday, March 5, 2021 Facts: +1.55%, Volume lower, Closing range: 96%, Body: 11% Good: Morning selling turned into afternoon...
Here you can see all significant corrections in the last 5 years on Nasdaq (IXIC). My idea was to analyse how long they last, in what % do they fall and long it takes to recover.
Trend lines drawn from the 2/16 ATH (13d), 2/26 (5d) and today 3/4 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Thursday, March 4, 2021 Facts: -2.11%, Volume higher, Closing range: 33%, Body: 45% Good: Support at 12,550 area Bad: Rejected...
Could be a pivot point here for Nasdaq.
OH YEA, 10yr yield Lower
Trend lines drawn from the 2/16 ATH (12d), 2/25 (5d) and today 3/3 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Wednesday, March 3, 2021 Facts: -2.7%, Volume higher, Closing range: 1%, Body: 90% Good: 13,000 just barely holding on Bad: ...
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We need to see if we can move sideways in the boxed section of 3008.91-3294.62. So, we have to see if we can get support and climb in the...
Trend lines drawn from the 2/16 ATH (11d), 2/24 (5d) and today 3/2 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Tuesday, March 2, 2021 Facts: -1.69%, Volume lower, Closing range: 3%, Body: 97% Good: Stayed above 50d MA Bad: All red body,...