$MSFT has been in selloff and it's been frequently discussed these days. If we break current level, there is not much demand down to $220 and $208, which would be about 36-40% down from ATH, respectively. I can see MSFT getting there if overall market is wacky. Chaikin Oscillator with Bollinger bands also generated sell signal on August 8th and since then it's...
Let's see, a big decision time for SPY. Small bounce is plausible. Looks ugly.
CME_MINI:NQU2022 - PR High: 12372.00 - PR Low: 12347.50 - NZ Spread: 55.0 Evening Stats (As of 12:45 AM) - Weekend Gap: -0.59% (filled) - Last Weekend Gap: -0.18% (open > 13125) - 8/19 Session Gap: -0.04% (open > 13540) - Session Open ATR: 300.19 - Volume: 27K - Open Int: 258K - Trend Grade: Bear - From ATH: -25.6% (Rounded) Key Levels (Rounded - Think of...
I discuss five indications that traders need caution on QQQ (and market generally) instead of expecting an immediate directional move. This video demonstrates how to use chart analysis to form context for placing trades. By understanding the daily chart, traders can then look for good trade entries on smaller timeframes. I also created this video to counter all...
CME_MINI:NQU2022 - PR High: 12512.00 - PR Low: 12460.00 - NZ Spread: 116.5 Evening Stats (As of 12:05 AM) - Weekend Gap: -0.59% (open > 12558) - Last Weekend Gap: -0.18% (open > 13125) - 8/19 Session Gap: -0.04% (open > 13540) - Session Open ATR: 300.97 - Volume: 50K - Open Int: 260K - Trend Grade: Bear - From ATH: -25.6% (Rounded) Key Levels (Rounded -...
Potential scenarios on $SPY for the upcoming weeks. 0.5 and 0.618 fib retracement and potential reversal. Will be cautious and if buying for swings I'll have stop losses right below in case this theory doesn't prove to be right. We had a strong volume on Friday's selloff, which suggests we can go lower.
SPY didn't care about supports and dropped over 3% in one day. Scenario C seems more likely. 50SMA and also 0.5 fib retracement and volume shelf in that range.
Costco chart here shows a head and shoulders formation which is bearish.. Chart got originally striked so had to repost this lol -- 510 bearish target with a 390 buy in mind for the long term portfolio. 510 390
Still waiting for a setup to produce its self on EURUSD but I thought id update, I probably wont trade this pair until next week as price is in a bit of a free fall and needs to give some better areas for entry.
$SPY premarket does look ugly. Here're some potential scenarios. A - supply/ demand zone around 413 and the 20EMA. Volume shelf on 413 also. If we break down the next will be scenario B, previous pivot around 406-408 and the 100SMA.
Definitely on the watchlist for trades early next week as we should get a opportunity to catch these sell offs.. Ill be waiting and will try update before I take my position if the entry is there.
SHOP has been hovering around the covid lows for months now. Earnings coming soon. If we break the $30.50 support, hasta la vista, see you around $20. Bad times for this stock, sadly.
If you haven`t sold the double top on ROKU: Looking at the ROKU options chain today, i would buy the $65 puts with 2022-7-29 expiration date for about $0.32 premium. Looking forward to read your opinion about it.
If you haven shorted ETSY here: Looking at the ETSY options chain today, i would buy the $60 puts with 2022-11-18 expiration date for about $3.35 premium. Looking forward to read your opinion about it.
Always the SAME CHOICE REALITY or ILLUSION ? TRUTH or LIES ? RED PILL or Blue ?....
hello everyone according to the us CPI 8.6% and highest number in past 40 years probbably we walk throgh 0.75% interest rate increase. so we lost 25500 support and now on 23500. if we lose this level we can downward to 22000 and 20000 area and after that 18000-19000. this levels are so exciting for longterm holders and its an incredible accumulation phase. but if...
The Bitcoin Price Action is confirming UNRELENTING DROPPING TREND. Even the a ARTIFICIAL Pumping up on Saturday cannot change the DELEVERAGING PROCESS. The Institutionals are DELEVERAGING in RAPID sequence of LARGE SELLOFFS. All the rest are FORCED TO SELL by these Institutional sellofs - in particular, THE MINERS are DUMPING their product, before it...
THE TREND IS YOUR FRIEND - THE FIRST GOLDEN RULE AT THE FOUNDATION OF TECHNICAL ANALYSIS. A Multi Month parallel channel from December 2021 is PERFECTLY confirmed by Price Action; The NEXT INTERSECTION with The Lower Support Trendline Is IN THE PRICE CENTERED ON 5,100 dollar per Bitcoin. In full agreement with the previous bottom at 3500 ADJUSTED for...