We can see intraday that #banking exposure is less on the #QQQ vs #DJI Nibbled on #TQQQ this morning. Don't be surprised if it goes green today, at least short term. We may get some sort of push before EOD, doesn't mean risk is over. TRADING $QQQ $TQQQ #stocks
$DJI has seen a ton of SELL volume & in reality the environment doesn't seem conducive of any positives. Bu there are some. Pluses: Doji - Needs more confirmation tomorrow. Oversold on daily & support is 32.5k Major long term downtrend is around 31.1k Inverse Head & Shoulder can still pan out as long as #DJI doesn't break below the last barrier. Technically, it...
Early this open RSI looks ok & is oversold. Not buy much but it's been a good amount of selling Took advantage of this dib & went on buying spree. As we've been saying for some time, IN & OUT, scalps & short term trades. We've also been SELLING PUTS to help reduce risk by bringing premium in. If the premium subsides a good amount we cover. Not looking for home...
Yesterday pointed out that we were using cash on that dip We had sold decent amount couple days before from the longs of last week. Bought (Sold puts) $MSFT $UDOW $TQQQ $RUN $ZS and others With rates increasing & #FED staying hawkish how are we not going lower? Maybe not here but we've stated before MANY times that #markets don't work, especially now, the way...
From yesterday ---------- 11:34AM 1hr VOLUME SUCKED BUT That 1Hr Doji is a good sign & RSI positive divergence 4Hr looks ok, reversal but not strong enough NEED more volume More later after #DJI $DJI #stocks --- 12:21PM $DJI Volume pumps up more & we close the 4Hour (around 130est) ABOVE 32793 = GREAT sign (((FYI IT DID NOT DO...
Pls see profile for more info We limit data as it's copy paste We're cautiously bull $DJI, bit more on $NDX But there's reasons: #ECONOMY = TRASH Tons of good lost jobs Unemployment low but most BAD jobs & multiple jobs #DJI RSI negative divergence (slight weakening) #NDX RSI looks good & many green candles $DIA $QQQ #QQQ #Stocks
These are copy paste, pls see our profile IF RIGHT Shoulder, $DJI Inverse Head & Shoulder pattern, holds = STRENGTH 1/2 #DJI RSI WEAKENING, Negative Divergence Last 2 days good SELL volume Some interesting Moving Avg Crossover data on next post 2/2 $DJI Bullish Moving Avg Crossovers TEND to last There's been few times it didn't: Late 99-Early 02 Mid 78-Early...
Keep eye on intraday $DJI volume 2c how we're doing So far NO anomalies showing trouble for this run Great Inverse Head Shoulder pattern going Monthly Averages DIDN'T crossover = VERY good Barring something crazy, $DJIA may have enough for 1 - 2 year move $UDOW $DIA #stocks
🚨🚨🚨🚨🚨🚨🚨 Not sure how this was missed!😱 $DJI looks VERY VERY VERY good Went FULL BULL late Sept/early Oct Mid Nov went neutral to short term bear Mid December turned cautious bull NOW GOOD signs that September was BOTTOM! - This is daily & weekly Inverse head & shoulder pattern = 1 of the best bottom forming patterns IF right shoulder forms here = HUGE We've...
Don't post a lot here, limited by # of charts and postings. There we go $DJI Chilling though, not trading, today is bday Just researching Prepared/Preparing for 2023 $UDOW was under $55 when pointed out #DJIA $DIA
Recall we said this area would be $DJI next target? Broke but #DJIA rallied to it IMO sideways likely outcome, slight lower bias atm We said this a few few times but kinda paused as #stocks went higher, original assessment stands
Do you see it? $DJI Is it easier to see on weekly? The "Hovercraft" patter COULD be a precursor to an Inverted Head & Shoulder! See it now? IT'S WAAAY early & it doesn't mean it'll happen $ETH had one recently & went kaput Can $DJI #BEAR be ending? Time will tell IMO chances are NOT for BUT As stated MANY TIMES #markets are NOT logical What about $NDX $SPX &...
Had no plan for trades 2day barring huge opportunity, which not seeing BUT like $META action in "bear" market Did say keep this in mind BUT THIS IS NOT THREAD FOR @facebook It's for $DJI and its cronies #DJIA $DIA $UDOW $SDOW WE HAVE HUGE MOVE in place with more to follow Being this is WEEKLY the paint = more important 31.7k is 50% retracement but IMO we're...
Most of our major calls have been $ $DJI short term uptrend since 10/31 #DJI low gap pretty much filled RED CIRCLES are important, where from here? Both are dojis LONG TERM still in up trend SWINGS are getting bigger!!! Maybe now sideways till Jan
Best if you see it yourself, 1-5 minute data $DJI giving back most of gains, volume very light How heavy was yesterdays volume? Daily looks HUGE but let's dissect When pump was LIGHT, looked HEAVY BUT majority came in @ 4PM! See longer term time frame, next post
SHORT TERM $DJI already broke downtrend VERY SHORT time frame INTERESTING 20EMA is MORE important than trend lines atm 20 EMA = GREEN line = 20 day Exponential Moving Avg Volume is NOT THERE but can't disregard price aaction $DIA #stocks
This is series of charts but can only show 1 1/2 ALWAYS👀@ volume $DJI Late Apr/May heavy DOWN Early OCT noticed shift TURNED FULL BULL, DOCUMENTED Recently, lower volume but NO heavy SELL WHY? BONUSES - #stocks likely to trade sideways till 2023 = Lil down - lil up $VIX $SDOW $UDOW $SPX $NDX $QQQ 2/2 $DJI hourly shows nice trend 4Hr shows weakness...
🚨🚨 $DJI puts 4th, yes, FOUR, warnings 🚨🚨 In 4 days! IN- CREDIBLE We're in historical period when #stocks tend to do well BUT Seeing this = HARD not to pull larger short positions $VIX was making noise yesterday but quiet today $DIA $SDOW #VIX $SPX