JamesFlem

JamesFlem

Typical coiling of the us30 bouncing between trend lines creating a wedge pattern awaiting breakout from CPI data. it should come in hot above 8 for sure. anything under 8 markets will have a great week

JamesFlem

This is my prediction of the DJI from a technical analysis point of view. So many confluences line up for this to happen and would mean Dow would never actually enter a bear market bottoming out at around 22%. 38 fib from top to covid bottom. It WILL react from this level, how it's obviously unpredictable and that's where fundamentals come into play to...

JamesFlem

BTC has recently been a traders dream. since the 12th of May it has been trading within a range been 28k to 31k. Within this range bound zone it did create another pattern of a descending triangle which is indicated a breakout to happen. It broke out of the defending trend line backtested but fell short of the new support but never the less still backtested and...

JamesFlem

Mac D staring to cross over, RSI in prime condition, room to run within trend lines up to resistance in purple box 2.5% away then small rejection before breaking out. that would be significant as it hasn't broken out during the down trend at all. see what happens maybe a summer pump ready for winter collapse

JamesFlem

short term I see it ralling due to over extended dollar index and overall market needs a bull rally. but Tesla has a lot of issues right now, although long term they will dominate they are the poster boy of the bull run for the last two years and they will pay the price for that just like amazon did back in 2000. all I say to that is double up when it happens sit...

JamesFlem

Looks bullish to me 4 hr qqq if it breaks neckline its got some serious bouncing to do

JamesFlem

up or down who knows only the CP Lie data knows with its bull inflation reading of 8%

JamesFlem

looking at the zones where SPX wants to bottom they all see to correlate around the 200 ema line. from previous bounces during this bull run of the last 13 years it looks the same. I suspect we have a period where it may break below if we have a recession however it would be a fantastic buy opportunity.

JamesFlem

could bounce from this area lots of support however it looks weak. hopefully pool drops but wouldn't taker much to cause a bounce any news from Ukraine Russia would send it up again

JamesFlem

lets discuss Tesla. looking at the downward trend its clear it has tried to breakout previously however it was a failed attempt. it was clear from the initial jump in price and gap to fill that it would have to come back down and revisit. and it did and then carried on its downward trend due to macro events and market as a whole. looking at this attempt, it's...

JamesFlem

short 2020 for an easy 50pips its literally that simple

JamesFlem

This has to be the most watched level of support in the whole market right now. target level is Trend line fast around -25% from top

JamesFlem

Tesla its time for valuations to matter! stock is not the company company is not the stock!! down to 4-500

JamesFlem

PLTR Short. they still won't be profitable and in this current market any miss will give it a 20% haircut. even if its positive it could come out with the same scenario as google. I'm short lets see

JamesFlem

posting two possible scenarios here. either it'll breakout or this is a takeout and it'll come down to the major support

JamesFlem

Elon + Mcdonalds + Super Bowl + No Russia war + Oversold Stock market. I hear a bounce a big bounceeeeee

JamesFlem

in out hello goodbye trade Monday morning for NDX. quick 200 pips

JamesFlem

over sold! under delivered but great idea and great product. to me at these levels its worth playing for a risky play! could keep dropping but could also easily double your money on some news of micro factory