I love being able to trade this level by level during crazy markets. Almost had a double outside day today. Now a 3-2 on the day and 4 hour. Will we expand this bf, get stuck in this range, or drop? We DID close above the weekly trigger but tomorrow may decide if it can keep the momentum for the weekly upside target. This can be played either way. If it reverses,...
Ok biotech..you look like you want to finally break this range. Either way, once it gets out, the move should be nice. TFC is green so I would lean more towards bullish along with market conditions.
I like SBUX because it's cheap lol. The key here is to get several contracts. It's especially juicy on a Friday if it moves as contracts are even cheaper. 3-2 setup on the day. Can be a continuation or reversal. Levels marked both ways but I'm mostly bullish. TFC is green however the 2d reversal on the week could change that. I drew one downtrend bf to see if it...
We talked about this on the weekend shift and it took off after, LOL. It reversed on the day finally. Time to trigger the weekly and monthly? On watch
2d2u on the week and making it to the target will trigger the 50% rule on the month. This may be a nice swing if it can hold and keep pushing.
I do NOT play earnings. IF I do, I look for a sympathy play. I just want to show yall and note that Apple is in an interesting place. Look at the last time we hit a low/bf bottom, then printed this type of candle. HUGE run after. Repeat? Earnings will tell. But if the pattern repeats, GO LONG!!!
Spy dropped below the trigger for the 2u2d on the month ah. Will have to see what it looks like at open. If it opens below 415, it can definitely see the bottom of the bf which is about 410 by Friday. That 410 target is also the target for the monthly. I always say "may" because I'm prepared either way, no matter the initial bias.
Another one! If we don't reject here at the trigger, I would expect a continuation upward. This week or next week to be safer. Target turns the month green to follow the day and shorter time frame continuities.
Looking for a push to 130.37 for the outside week. Needs to hold 125 to stay in force. I like next week, of course.
Outside week triggered! #sss50percentrule. $56.16 pt if it holds. I like next week's contract for this swing.
Might find some resistance at the daily targets, but this is a good swing to 36.88. I like next week contracts if it stays in force. #thestrat #uber
SPY is still an inside month, with a bearish candle. More down side is likely. Using Strat Radar, we get an X-Ray view of what algos are doing with price action on different time frames. On the weekly chart, price retraced to a previous bearish order block, then presented a 2 up + 2 down reversal opportunity, it played out nicely. On Thursday, SPY daily chart...
This is worth the watch for me either way. CVS is at an interesting place. On the monthly, it did the 3-1-2 rev strat, then it reversed back up and triggered the 50% outside month. Then it rejected again. Ftfc is a bit mixed. Inside day and 3-2 4hr so it could go either way. For perspective on a ftfc thought process, a 2d on the week would push ftfc fully red on...
IF it happens, it would be lovely. This 3-2-2d on the week can push it through the monthly outside trigger. I can foresee it bouncing there at that trigger before it continues down. Definitely need a few weeks on the contract. Even though the week was just barely green, the 2d week puts us back into FTFC.
This is super forward thinking. But if we truly fall and sell off, TSLA is really close to this #sss50percentrule trigger on the month at around 935 (purple line). Target would be 760!! Keep ALL market conditions in mind but should this trigger and hold, this is a great trade. On the daily, Tessy has a ton of stops to possibly go take out. Set up for the 1-2-2...
Inside 4 hour for the continuation? Banks may push this week as earnings season kicks off. Closed above the trigger to keep the 2u in force.
Watching ORCL for the trigger around 78.85. This gives us the #sss50percent rule trigger for the month. Target 73. Remember as a monthly target, this contract may need some time. Looking on the week, we already started the 3-2.
Things are looking very bullish for Amazon and I'm planning to take profits quick and reload at support and resistance zones. 1.) 130 min 2up candle to Daily Bullish Randy Jackson Entry If price breaks 3273.14 I plan to play calls up to 3281 and watch to see if we reject or continue to moon. 2.) Bullish Randy Jackson: If price breaks through 3282.37 then I'll...