Higher before lower IMO... double bottomed; RSI, MFI moving up Not investing advice, trade at ur own risk! GLTA!
Megaphone in Bearish pattern; likely retest bottom TL in the expanding wedge; need consolidation before real breakout IMO Not investing advice; trade at your own risk!
Chart says all. Perfect Bear Wedge on 9/22. Look at the repeating pattern; 3 drives to the bottom IMO. Not investing advice; trade at your own risk! GLTA!
-10% on support at 3230. Could get lower, might bounce and sell once more. Falling wedge; a bear trap IMO See related post on QQQ; not investing advice; trade at your own risk! GLTA
Three weeks of bearishness might end in a big pop IMO. Watch the Wedge! Bear trap... look RSI has double bottomed, OS IMO. Not investing advice, trade at ur own risk, GLTA!
Near short-term bottom IMO Not advice; trade ur own risk; GLTA!
Each successive selling wave is lower volume and the price changes are less each selling day, price squeezing into a narrow wedge, RSI positively diverging; looks like break -> UP imminent IMO; shorting here would be damned risky IMO Not trade advice, on ur own risk; GLTA!
Annotations in chart. Currently starting B wave countertrend move. How high it gets depends on greed, hope and fear. This could rollover ANY DAY without completing a very high retracement; not a buy entry IMO! Not investing advice; trade at your own risk!
Fib retrace for the 2-day selloff: 3498 - 3538. 0.786 fIbo corresponds to the pitchfork TL, expect rejection from 3538. If its an ABC will end around 3300; if it's a bigger move we gonna see it selloff to close the gap left open at 2865 on 15 May. This isn't investing advice, consult a licensed bandersnatch before pissing your life savings away gambling in this market!
Chart says all. It's a bear rally, struggled to second top climbing up underside of TL, broke below again. Headed lower IMO. I shorted the rally back to close gap (an incomplete gapfill but got close). Next session might bring a major breakdown. Of course a reaction rally is always possible; short the rallies. Not investing advice; trade at your own risk; GLTA!
Surprise Surprise! Close ur shorts on any small pullback IMO; the megaphone channel points to blowoff high ATH at 275. Should give a pullback from there IMO. Shorting this monster has been an expensive hobby; who knew?!? It will crash again, one day... Not advice; trade at your own risk! GLTA!
We got a big 'W' which is Bearish. The right arm of W is lower than the left was; it is a Cypher. The Nenstar inside the Cyper was a smaller formation with a larger right arm than left; hence, Nenstar. Both Shark patterns; both 'W's and both Bearish. Get ready to Fill My Gap!! This is not trading advice and should be taken with a grain or even a full shaker of...
Chart says all; simple idea. Most often after one of these wedges breaks up it will fall back to retest the upper TL before it really takes off. Would give inverted H&S and a higher low; could be the start of an impulsive move higher, to give a double top. Small gap is a weak draw higher. As always, just a nother crackpot idea; FGS do not trade off this, trade...
Cyclical stock, truck sales booming online with retail stores closed, lol. Buy em sight unseen, delivered to your door! Downside at the gap from 22.68, could fill, would be a buy opp if it does. H&S pattern evident, stock had unsupportable runup, trades at fair value. Either get a bounce from $25 headed back to $35, then $40 at cyclical highs, or 10% correction...
Just another distracting pattern, can't help noticing these. Eventually by chance one will be confirmed, LOL! Enjoy and remember this is not trading advice, just another pretty picture, GLTA!
Chart says all. Formed bull flag past four sessions; looking back at last instance when lower TL was tested 14-18 May, the gap up from there resulted in a 5-day bull flag grinding down to 0.382 Fibo; Monday 22 Jun will be day 5 in this flag. Channel gaps all filled Friday. Pattern looks just like late May again, bounce off lower TL and bull flag grind for a...
Chart shows all. At the indicated futures price, ES mini-Futurz trades exactly at the gap fill price and upper support TL at 3080; Trend has been UP;; Fighting the Trend has proven Disastrous since 23 March!! FGS be carefull my Dear Bears!!! I am closing all my shorts at the open; take what the market gives and expect the opening gap to close quickly IMO! Taking...
Up TL broken; DT in progress, Bear Rally = EW 2; Chart details suffice IMO; Shark Nenstar is in play, Tar 2498-2530; Res Ipse Loquitur! EW Projections are Estimates based on most common occurring Fibos; This is NOT investment advice; trade at your own risk; GLTA!! Ref: JJ Murphy, Fig 4.10A, p. 72 (TL Rejection) and EW Chapter Theory: cdn.preterhuman.net Ref:...