Nvidia is defending at the neckline level of the head and shoulders pattern. If 297 holds tight, I would not be surprised to see a huge jump. TP 360 unchanged. SL 260.
Currently testing the earlier support level(the lower end of a wedge). So basically if 1700 doesn’t hold, I would suggest a confirmed bearish trend. TP1650 and 1580.
Big rebound after USOIL defended previous low level. TP 15.5(14.5 for safer), which has been a strong resistance level for oil.
Surprised when Nasdaq is falling and BTC is defending 7700 solid. I think it’s forming a possible bullish pole, which could push this high up to 8000 in the short term. SL 7500. TP8000
Macy’s found support from the ultimate support line(shown in the diagram). TP 40(in a really long term). Short term price could be $8.
Not surprised with the huge jump at all. And the breakout from the neckline means there is a huge potential awaiting for Nvidia. TP 360. Safe TP 345.
Closed my shorts from the weekend when 17.6 failed and blocking of the resistance line. I would recommend close most of shorts now, and a safe TP in the short term could be 12.4, a previously supporting zone.
Closed my longs with decent profit, and have a little bit left for 7800. However, I don’t recommend purchasing more BTCUSD, and will look to short BTC at 8000, where a big ascending wedge is forming.
As shown in the diagram. ABC corrective waves at this moment. Patiently holding my longs.
Let’s see if the resistance blocks NVDA. If so, start grabbing shorts, and it’s possible to fall all the way down to 240. Else,it’s still a good long.
Oil is testing the resistance from previous highs. Let’s see if oil could hold above 17.6. If so, long. Else, open shorts. No position at this moment.
I think the bearish trend in confirmed in the short term, and there are three TP. TP1670,1643, and 1580. SL 1760.
As shown in the diagram. TP7830(7750 if you want to play safe). SL7280
Interesting rebound because of the reviving economics. I will try to add more shorts on 833.6. TP600, SL 855
Purchased a lot of corn on 305 level, as I mentioned in the previous post. TP400, SL 280. Will add more if corn can fall to 236 level.
I know that the falling yesterday was unsustainable for sure.However, this rebound provided another entry level if you are interested in shorting platinum. $765 was the first level to short, and the second level to short will be at the negative resistance line. If there is any chance platinum could rise to the negative resistance line, I will definitely add more...