notes on chart for personal view on potential set up into earnings
notes on chart for personal review. Fundamentals are basically useless but attempting to review and follow any norms
personal attempt at cycle review for odds of short term increased volatility with increase in put/call ratio. Past indicator have lead to pullbacks and resets of trend. Had recent new low in ratio would imply a greater snap back. Just personal tracking and thought.
Can't see any red flags here to go with previous post for self....
QQQ has highest concentration of megacap (Aapl, googl, msft, fb, amzn, and now tsla). In personal opinion the chart shows extreme divergence of in cap weight holding market and distance from mean (200 day m.a). all but one of these readings in last several years pulled back to the 200 day moving average, if not through. Risk reward profile seems limited to...
Personal opinion for breakout on chart. Industry index is in good formation to break out in support as well.
Get those contractions...kidding, so for my own amusement got the main trend with bottom support, value area, and break out. Pretty straight forward. Personal opinion.
Notes on chart for starter postion. The Red line is wide stop, so would either wait or play small to allow to double down if it is retested. Just my personal thoughts.
notes on chart for personal opinion. ...Will they save again, or finally break.
Long with nice consolidation over prior resistance. Stop under the flag. Just my thoughts.
personal opinion on set up of the 200/gap support held and confirmed turn. Long this base. Looking for break above 20 day moving average for next confirmation. 200 would be stop
Complete nonsense for myself. But guess though as the divergence created a bottom and start of new trend. Would expect it to work back to a more neutral reading and smaller bounce with another reset before next leg back to top of green range box and hopefully over. Personal guess for BS purposes.