MechanicalEngineerTrader

MechanicalEngineerTrader

Compare this top to all the other tops and they all look similar. We are going to retrace at least 5%. Load up your SQQQ & UVXY for the retracement. If we don't get the fall before Black Friday, look out. We may get a 30% move in the vix like we did 2 years ago on that Black Friday. It looks set up.

MechanicalEngineerTrader

This stock is about to crash here very soon. Macd is red, hit the top resistance line. This stock is over.

MechanicalEngineerTrader

Macd about to point down. Momentum is red for the weekly. Once the market rotates down, this is toast.

MechanicalEngineerTrader

Biggest gap to the blue average line since the .com bubble. This is a ticking time bomb waiting to happen

MechanicalEngineerTrader

Biggest pump i’ve ever seen for a trillion $ company. This has the same pattern that BTC had and then it crashed 70%+ in the next year. Huge wedge.

MechanicalEngineerTrader

The vix is trading near all time lows for the last 5 years. The bottom channel has been very accurate in the past. Great buy right now as something will cause the vix to move up very soon!

MechanicalEngineerTrader

They say UVXY is "unchartable", but look at the top and bottom bands lol. Clearly following the channel. UVXY doesn't even move up or down relating to the market up or down anymore. But, it looks like a great buy short term with RSI under 30, and at the bottom line. Sell target is at50 RSI

MechanicalEngineerTrader

That was a huge uptrend. Now follow the LUX algo. We are seeing the curve start to flatten out before we soon see a collapse. I entered short position for the next few weeks.

MechanicalEngineerTrader

Macd is at 0 for the daily and ready to cross over to a down trend here very soon!

MechanicalEngineerTrader

Crash coming very SOON!! Ready to make a lot of cash! Let's do this VIX!!

MechanicalEngineerTrader

Crash coming very SOON!! Ready to make a lot of cash! Let's do this UVXY

MechanicalEngineerTrader

MACD crossed to bullish. RSI still very low. Buy and hold for this week and the stock has huge potential to run right now. The shorts will be squeezed!

MechanicalEngineerTrader

Need a few more green days for the macd to switch around and this will start going up big!

MechanicalEngineerTrader

You do not want to short a stock trading near the bottom of the trend. Any bullish news from Elon and this will have a massive short squeeze. Bank /Tech earnings will pump the market next week worst case if this stays flat.

MechanicalEngineerTrader

The monthly moving average is still at 240 a share. Stocks can go and down, but if they are too far away from the MA, the price will magnet back very fast. Don't be caught shorting at these levels because Tesla is due for a huge rebound any day.

MechanicalEngineerTrader

RSI 20, also hit the bottom range. Very bullish for a bounce near this range. PCE tomorrow

MechanicalEngineerTrader

I don't see the market falling bellow this area since the macd crossed over bullish. It's very normal for a bottom to test a few times and we got that chance to test again.

MechanicalEngineerTrader

MacD very bearish. Huge potential drop coming. I see a volatility spike coming very soon.