I have traded each triangle inside of the large wedge over the last week and the technical setups have worked perfect. Currently the DMI looks setup for a nice reversal for a further move to the upside with the adx pulling down the d- , the macd is looking prime as well as cci and mfi. The question is which direction will this pattern break? My guess is to the upside.
I originally bought CLSK in the 2020 dip and sold near the top. I have kept a close eye on it since it rewarded my patience so well. Now if it could just pull back above the 200 sma we could have a clean breakout. It appears to be gathering strength for a strong move. What are your thoughts?
I was able to catch the downside play a couple weeks back and entered mid June puts on Spy based on this chart. I began to notice that each time we broke above the top trend line we ended up pulling back to the 50 ema. Each time there was a recovery to the 20 ema but could not close a candle above the 10 ema and then quickly pulled back to or below the 100 ema. My...
