AMEX:SPY February 15, 2024 15 Minutes. The gap on 13 February did not allow me to go long on 14th February as I was not supported by parameters. Since 478 levels gave an opportunity to short, supported by a gap up, I shorted at 496.5 levels and covered at 495 levels as the gap was not getting filled, indicating bullishness. Considering the rise of 490.72 to...
TOTAL 3 Altcoins minus BTC & ETH ✅Price has broken above the 200 DSMA ✅Price has broken out of the pennant ⏳126th week is 1st April 2024 Earlier today I shared TOTAL 2 which includes CRYPTOCAP:ETH and suggested that including ETH altseason could initiate from Feb/Mar 2024. TOTAL 2 breaking out ahead of TOTAL 3 makes a lot of sense as this is what has...
TOTAL 2 Crypto Total Market Cap Excluding BTC ✅Above 100 week SMA ✅End of 149 week Cycle (new bull cycle starts) ✅Break above POC 🚨One last pull back (Make it count) March 2024 is looking like a key month (You have 4 weeks ~ dip the beak) We watch for a failure too, if we lose the 100 week (first warning) and if we exit the lower pennant with a...
SPWR is a volatile penny stock; solar energy is hot right now. ENPH is the slow and easy big cap play. This one is high octane and can go from overdrive into reverse when the shorts catchup. As for me, I will chase this and setup a trailing loss when the sun goes down. I have alerts set up for death crosses on the moving averages or the mass index triggers....
Indian index opens with gap down with huge selling pressure due to bad inflation data from US and bears took nifty to the low of the day that is 21530. Afterwards bulls took the charge and started filling the gap and made high of the day that is 21870. Index has formed large green candle with upper and lower shadows. Index has taken support at 50 level on...
#ZECUSDT is on the verge of a nice breakout into the range high RSI downtrend broken while price held support after the last leg down. Confirmation would be price breaking back into range while the daily RSI breaks the 50% level and tests it as support.
Well BTC is forming a handle, and the first one was at 48k, now we are above it, I am completely out of crypto, expect 69k scam pump coming, then a large dump to 28k to clear all the longs, then up only. I'd say clear away from altcoins, and maybe do a swing in BTC here and there
ROKU has been downtrending in a retracement of the uptrend from late May to mid June. On the 2H chart, price has fallen from the top of the fair value zone the bottom of the fair value zone. The zone is the area between the VWAP bands of the anchored VWAP. Institutional buyers prefer to buy in either the under valued zone or the lower portions of the fair...
ROKU trended up paradoxically from less than a fairly weak earnings report about November 1 '23 and then reversed into a trend down into the support of the 0.382 and 0.5 Fib levels in a retracement. Price is now forming a head and shoulders pattern having found that support. It is above the POC line on the evolving POC and high volume area. Based on the...
I have had two TSLA puts that have performed well. One was liquidated today to buy a call optio. I may do the same thing to finish out the trading week. TSLA for one reason or another while Musk announced he wants more shares from the board and pricing was modified in Europe has stabilized its price in the market over the past 3-4 trading days. Price is...
Parsons reports in 2 days. This multinational engineering firm thrives on infrastructure projects like highways and bridges, airport runways and other engineering issues such as cybersecurity walware attacks, election interference, DOS wars, dams, irrigation projects, 100-year storm assessments and FEMA related work. I am very familiar with this multinational...
HUBS on the 3 0 minute chart has been trending up since the last earnings. It is above the high volume area of the volume profile. Basically it is so trong it is not attracting any short sellers. Waves of new buyers buy from the float or from those who are collecting their profits and making room for others. I got a share as a test with the dip the first week...
Hi. COINEX:BTCUSDT 😊Today, I want to analyze Bitcoin for you in a 4h time frame so that we can have a short-term view of Bitcoin regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). ➡️Bitcoin's recent performance has been strong Short-term long positions are risky via overbought...
AMEX:SPY February 14, 2024 15 Minutes I had considered Fibo for the rise from 490.23 to 503.50. Since it opened the gap down I had to consider the previous low of 482.89 to 503.50. Could not be shorted. But took support at 61.% retracement around 490.7 levels. For the day I will consider the fall 501.24 to 490.72. 497-498 will be a good level to short SL...
Fundamental Outlook: There’s no beating around the bush - the fundamental outlook for soybeans is bearish. Global ending stocks are now at all time highs per the last WASDE report, and export demand for U.S. soybeans has slowed considerably - currently down around 19% year-over-year. As South American harvest progresses, the outlook of the Brazilian soybean...
TBT on the one hour chart demonstrates a clear round bottom reversal in late June with a good trend up this past week. Price rose above the POC line of the volume profile on July 3th showing bullish momentum dominating. Price has continued to ascend above the Chris Moody sling shot indicator affirming that momentum. Given the current fed posture hawkish for...
CDNS located in California is a software firm supporting computer assisted design ( ACAD) for the semi-conductor industry. While its customer base gets the headlines, this company helps make it happen. The 120 minute chart looks good as price is uptrending with good volume and relative strength. Earnings have been solid and another is around the corner. Price...
Since my last call for a "long then short", I believed the opportunity to short SPX is here in the sense that the risk-reward is now too favourable on the short side.