I am adding onto my previous position. @ 32.50 USD.
With no regulation or reform being put in place of the current financial markets, this is one of my go to's for assets to hedge against the next "black swan" event. It's ignorant to say that the markets can maintain this current rally. Our network sees the signs within almost every continents monetary systems,...
DESCRIPTION: In the chart above I have included a macro analysis of AAPL & its congruent relationship with the S&P 500 INDEX. AAPL is to be consider one of the major players when it comes to overall US MARKET PERFORMANCE & is the reason why understanding AAPL's price action momentum is so vital.
POINTS:
1. AAPL channel deviation where liquidity usually occurs...
DESCRIPTION: In the chart above I have included an update on a MACRO analysis of VIX VOLATILITY CYCLES. The creation of a set of new cycles is marked when VIX finds a new floor of support.
POINTS:
1. Deviations have been adequately adjusted for VIX with a 7 Point difference between CHANNELS.
2. Price Action is currently resting at NEW FLOOR of 19 & Price Action...
The bear is done with the cigarette break and is about to come back strong.
I am seeing a re-start of the beginning of the correction, except with greater price magnitude.
SQQQ is oversold and the MACD is about to turn up.
Except an interesting next couple of weeks.
This correction has several months to go.
SQQQ could easily reach $50 and my most aggressive...
SQQQ is experienced a temporary downturn, and based on reoccurring trends, I suspect it will soon be followed by a strong reversal upwards.
Good luck.
Not financial advice. Trade at your own risk
DESCRIPTION: In the chart above I have provided a MACRO analysis of ES1! a future INDEX on the daily timeframe.
POINTS:
1. Deviation of 250 points would justify placement of SUPPLY & DEMAND POCKETS.
2. Pennant Formation
3. Current CORRECTION FALL is roughly 5.55% falling short by nearly 5% when compared to other CORRECTION PHASES.
RSI: Since the inception...
SQQQ price closing on 50.24 USD where on the breakout of resistance level 48.68 USD yesterday. Notice that having a huge buying volume to support the breakout (cup and handle pattern), this indicate it is a strong bullish signal where investor can consider to take "Long" position on SQQQ with current price (50.24 USD). To be conservative, can take 46.19 USD as...
SQQQ - Rst 40.17 Supp 33.2
Vice versa of TQQQ, current chart looks supported here. So if Nasdaq retrace, this will rise.
How to view the guidance via chart ( Refer back to pin message guidance if to trade )
Red Line = Support
Blue Line = Resistance
Light Blue = bullish/bearish pattern
Arrow = Double/Trip top/bottom
Red Chip = $$
Green Chip = XX
DESCRIPTION: In the chart above I have provided a macro analysis of QQQ.
*IMPORTANT: Aside from SUPPLY & DEMAND POCKETS the main thing to consider is the distinct pattern we seem to have been following for the past 3 falls after rallies. Where PRICE ACTION seems to create this hook like formation before CAPITULATION takes place.
POINTS:
1. QQQ exhibits a...
DESCRIPTION: In the chart above I have provided a MACRO ANALYSIS of DXY. And what should only be taken as SPECULATION & as a POSSIBILITY since patterns tend to repeat themselves. The chart above includes an overlap of DXY & ES1! in an effort to observe their inverse & parallel relationship.
POINTS:
1. DXY shows a COMMON DEVIATION of 10 POINTS justifying the...
I am adding onto my position in SQQQ, my last buy in point was $41.85 with the FOMC about to happen over the next 2 days, this is going to be my hedge against any drops in the market.
We're well underneath the Keltner Channel and I expect to either trade sideways for the time being or move our way back into the channel as the next 2 days go on.
We're sitting...
I've had more than a few people message or comment on my charts asking for an update on this. Here you go.
We could potentially see a double top by the end of this week. If we do get one by the end of the week, we'll most likely get rejected around 68 and then start our move down.
I'm sure my usual subscribers know I take profits early on all my trades to make...
Order BUY SQQQ NASDAQ.NMS Stop 53.97 LMT 53.97 will be automatically canceled at 20230401 01:00:00 EST
SQQQ daily bullish hammer at Fibonacci 50% retracement RSI divergence. Stop loss below 68% take profit into fib extension 1. Wave 5 uptrend.
SQQQ reached support. This is in line with the resistance that is seen on the e-mini Nasdaq100 $NC1!. Maybe time to consider some of this as part of a long hedge play or a pure short play.
AAPL is pulling back today, and so setting up AAPD for a swing long.
As can be seen on the 15 minute chart, AAPD had a pullback for consolidation and is now showing
some green candles. The Williams alligator is showing divergence on the short time frame moving
averages. The RSI indicator topped out pulled back and is now in uptrend showing bullish...
This post is a test of my thesis that I can accurately identify a banker's candle that tests market structure. The Thesis works like this:
Bank trading firms need to test the market structure with specific actions on specific days that tell them what the market can tolerate and they base their plans accordingly.
For instance if banker candles identify a market...
