Macks_MoneyTree

Macks_MoneyTree

BTC has now started respecting bearish FVGs on the 4h time frame. As such, the next major buy for BTC reversals should be somewhere under 60k for the time being. Happy trading!

Macks_MoneyTree

Very simple setup on NYSE:XOM to get back into the habit of posting. Using our fibonacci retracement tool, XOM gave us a very clear bounce off .5. I have drawn a bearish FVG right before we retested .5 at Tuesday's close of day. I'm expecting to see this FVG broken and any entries above $104.70 should be a clear shot to $106 no later than Wednesday next week....

Macks_MoneyTree

Target is currently $76 where I am expecting a reversal back towards $130. All time highs on Solana is well over $200 and I love this setup. Originally had this set up as a MMXM model and now I am focused on it returning to the original order block that started the accumulation phase. Anytime we find two demand zones, should be focused on the 2nd the best position.

Macks_MoneyTree

Daily chart posted. Liquidity pool was forced into the equal highs around $120 and starting to fall right back into $110. If we don't hold this $110 level we should continue the move downward to $100 and lower. I personally noticed that December 15 $100 puts had over 20k in volume today and decided to scoop a few contracts myself. With earnings in early November,...

Macks_MoneyTree

Entered this one on last Thursday with some $117 October calls. 1h Chart on the left got us our golden pocket entry and now we're trying to regain the uptrend. Looks like we'll get one more chance to enter under $115.35 where there is a set of very clear equal lows from where I see us bouncing to $120 sometime into next week.

Macks_MoneyTree

I recant my last post as I wasn't taking into consideration futures contracts being rolled over as part of my chart settings. After testing golden zone I see very clear downside towards $4320.

Macks_MoneyTree

I love love love this trade and I've worked with this chart for a while. With a set of equal lows at $4433.50 and entering our golden zone (OTE), a bounce from around this .707 zone seems almost inevitable. Should be one to watch closely over the next few weeks as we bounce from $4433.50 with a target of 4565.75. Again have a lot of confidence in this one and will...

Macks_MoneyTree

Currently I am tracking SPY to $440, based on our chart on the left and rejection from OTE. On the right side, I'm starting to see potential for a downward continuation based on our lunchtime sweep above buy-side liquidity today. I think a retest of this initial area at $444.15 will likely get us down to at least $442.50.

Macks_MoneyTree

With inflation data coming in hot and markets closing near flat today, I'm expecting some more dips in the markets and in tech stocks. Right now, I see AMD rejecting from our golden zone and think as we fall under $107 we should start heading towards $103 over the next 2 weeks. We will get more confirmation tomorrow.

Macks_MoneyTree

Looks like QQQ has regained its downtrend after retracing all the way to the .707 area, which we rejected from on Monday. If the market can get one last push towards this $375 level, I think it should make a lower high and take us down further towards $369 and then $366. If it starts to fall I think it'd be hard to chase and would try to look for a different setup...

Macks_MoneyTree

I have never been more confident in a downside move in my years of trading. Market has retraced back above the .78 level and regained its downtrend. Around 2 today we got one last sweep of liquidity and another strong break of structure, continuing our downtrend. $4440 is the first target and ultimately as we reach the -0.27 level we should hit $4400 even.

Macks_MoneyTree

Really love this range on AMD, strong wick at the bottom and confirmed the uptrend by breaking equal highs. If market is going to continue the move up, we've at least got to see $132 again in the short-medium term future. With earnings in late October, now seems like a good time to buy before a potential run up.

Macks_MoneyTree

Been using ES to track markets as opposed to SPY recently. Higher time frame turtle soup setup. Formed a strong wick at the low, pulled back to OTE and confirmed the uptrend. I can only think that this has room to $4640 and potentially further.

Macks_MoneyTree

Just icing on the cake for more shorts this week. Retraced to .78 and holding into close and after hours. Even drew a little FVG fore more confirmation (which I usually don’t pay much attention to). I’m expecting this to have a very nice pop going into the rest of this week and at least to $27.30. Good luck!

Macks_MoneyTree Updated 

Huge amount of buy side liquidity flooded into the market today. I think it has to go somewhere and being as we're revisiting the .78 level on our fibs, I really like downside here. AMD also formed equal highs earlier today (not shown) which makes me think there's a short opportunity tomorrow or Wednesday into the remainder of the week. Chips should be very interesting.

Macks_MoneyTree

Chart says it all. Couldn't hold weekly .78 level on our fibs and downtrending on lower time frame. Just need a break of $431 for final confirmation which we should get here in the coming days.

Macks_MoneyTree

Took out equal highs and we've gapped down in after hours already. We're also hanging out around .786 on our fibs so I think this is an easy shot to $6.18 and below.

Macks_MoneyTree Updated 

I usually hate triangles but I'm playing this as a turtle soup setup and I like that market looks like it wants to fill the gap back upside before a leg down. I'm hoping/expecting we gap through this trend line liquidity and that'll be my confirmation that we can make it back upside. Already positioned in this one for 2 weeks out personally.