Maximilianned

Maximilianned

Revel in people we are making history. Once again Meme stocks rules the roost - and I'll in include Tesla in that bunch (even thought its in the S&P) as its worth more than every other car company combined. GM, Ford, Chrysler, Mercedes, Volkswagen (Audi/Porsche/Seat) , Toyota-Lexus, Honda-Acura , Nissan-Renault, Hyundai-KIA, Tata, you get the point. I went...

Maximilianned

Down %1.50 percent today alone Quite a contrast to American Markets

Maximilianned

Chart of course speaks for itself. Unlike the the ES Futures the NQ has pulled value to the top of the range. (attached at the bottom) There is a Naked Point of Control from October sitting on top the yearly Point of Control this will be supported.

Maximilianned Updated 

When this trendline is broken this move is over. October 12th and 8% later - the up moves are more violent. I have theory why the down moves are so slow compared tot the moves up - when we reach two and three times standard deviations the algos start buying. They get stopped out - but they just buy when we reach these levels, over and over. Average...

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HMMM --- another turn up coming? We'll know by EOD

Maximilianned

You can see the CAD has been in accumulation mode. This may not be over - however as we are at the top of the triangle I put on a short this morning while the CAD was up, the EURO down and the DXY up. Targets below as well as various VPOCs.

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10% Move today and BTC has gone nowhere. So if your Diamond hander - you're shrugging at me with those laser eyes. A lot shorts and longs have been taken out. This is about to move - I could show you the divergences and all about the El Salvadorian President BTC Whale for that check out the chart below. On this six hour chart you can see that BTC is...

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This is fascinating. Emperador de El Salvador as on his twitter handle, President Nayib Bukele - (was Dictator of El Salvador) seems that upset a few people so he changed it. The President announced that El Salvador now has 1100 BTC - making El Salvador a BTC whale. Reporting today it was worth waiting for the dip to buy more - although his first countries...

Maximilianned Updated 

8 Hour Chart Oil has a heck of run. However the RSX (smoother RSI) - is clearly showing increasing weakness. You can see the divergences as well. I would expect the have blow off top closing in on $85 before taking a breather to regroup. I'll be looking for that blow off top to buy options. Aiming between $84 to $85 before taking a positions.

Maximilianned Updated 

What the world needs is a lower US Dollar. To repay all those US denominated debt, and help stabilize a faltering world economy. You can see that we caught between two trend lines. A decision is forthcoming. Looks like the Euro wants to go a little higher. This move up just started for the EURO, unlike the CAD and Pound which have been on a tear in the...

Maximilianned Updated 

This is a very interesting chart. Normally I don't look at monthly charts - but this one is special. Lots of lines on the chart - but take a moment and I'll go through it with you. Firstly I realize that most people trade currencies do so with CFDs - which is fine but the banks/funds that push the market around look at Futures Market. The red dotted line...

Maximilianned Updated 

Six Hour Chart Things are pretty pessimistic at the moment. Dollar is soaring, Gold is sinking, Bonds are tanking. Sell everything - Right? Does anyone think they won't raise the debt ceiling? Ok - Assume the answer is yes, so then we we go up? You can see the structure we are within. There is some positive divergence which is detectable on this higher...

Maximilianned Updated 

I'm sure the Europeans will be excited to wake up and see the the Euro is out of the basement. Of course makes sense that this would happen while they're all sleeping. Thanks Asian session buyer?! Down channel is now broken. After pausing at a Point of Control (not viewable 6 hr chart) - its picked up steam and heading to towards this POC only viewable on...

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Alright. Yes the Jeffersons - they're movin' on up! Google it you don't understand - its was 70's Sitcom about a family 'Movin' on Up', and that was the theme song. That was theme song performed by Jan'et Dubois. So the Nasdaq moved up almost 300 points from its lows of the day. The ES moved up about 40 points from its lows. While the ES took the time...

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Given Apples weighting in the SPX and Nasdaq - looking at where Apple sits is worthwhile. See attached chart for complete understanding. Like the ES Futures AAPL is at the top of a triangle. For Apple the there is a Naked Point of Control and the .38 Fib which line up perfectly - confluence, at $145.52 - Likely to happen shortly after after the open...

Maximilianned

On this higher time frame it becomes obvious that the RSI was rising when we coiling up at 4350. See attached chart to understand. So we have gapped up 41 points this week leaving a 32 points Thursday and 9 points Friday. We get it - here were 4450 calls that needed to get there no matter what. Ok a couple of points: We are inside a triangle - we are at...

Maximilianned Updated 

ES is has been a bucking bronco - Up and down - but not sideways. 50 handles down on the open and end up for the day. Tough to stay in anything overnight. However all of this coiling up for a bigger move. Maybe its down - there is enough pessimism that most are feeling short the way to go. Couple of the things the market rallied on news that McConnell will...

Maximilianned

This afternoon the algos were high gear. Really in an effort to move value up - late in the day this was accomplished. You needed a 15 second chart to trade this market this afternoon. Inventory is balanced at 4350 for the last two days. They would not let out the longs that were targeting 4368 where there is a VPOC. We are in the middle. 4414 lies a...