Looks like Harmonic Bat Pattern bounced off RSI 30. Should run nicely. Thoughts?
If QQQ has a 50% decline and goes to 8500 by end of the year(see chart), then TQQQ will have 150% decline and wipe-out entire positions. I think we all knew this was coming, just hope the newbies understand that TQQQ can go to 0 when you are dealing with 3 times leveraged funds. They had a great ride but the train is coming to a stop!!! Take cover!!! Feel free to...
Many things pointing to lower QQQ. The probability of QQQ going to 12,400 is much greater than QQQ breaking resistance. This is looking to me that it will selloff in the next two trading days. What are your thoughts? Please understand that this is for my own personal trading style. Please do your own due diligence and trade safe!!
Harmonic GOLD Weekly chart $31? Thoughts?
Gartley Harmonic Bat GOLD Weekly chart. Will it climb to $31? Thoughts?
Today will tell a lot but Europe has started to push TQQQ above resistance diamond.
You can see from the Daily chart going back to last Feb 2020 that all the Highs and Lows have been supported exactly when they touched RSI channel. To me this is buy-time but please do your own research. This is for my own personal trading. Covered my shorts yesteray and switched to long until the chart tells me otherwise. Comments welcome.
Those who have followed my last posts on shorting hopefully have made some $$. We have had 4 great swing days down. Tomorrow let's swing our partner back up after that 4-day dip. We should bounce tomorrow and start climbing to achieve our next high around 121 to complete wave 5. Divergence on price and rsi with charts lining up perfectly to support our next high....
Some great 5% shorts the last 2 days. Rinse and repeat. Tomorrow we are looking for it to touch at least 100 maybe 95. The big guys that move the market are slowly bringing this back down to reality. You can see the green down candles, the last two days. Definitely a pullback, but could be more. I marked two key areas on the chart that will likely be hit...
Since Sept TQQQ looks like it's formed mini Wedge patterns inside possible Wedge ready to Form. The downside is calling to complete this atomic Wedgie Sandwich!!! Don't be tricked by the long play or the atomic wedgie will hurt!! This is only an incredible idea so please do your own due diligence! Comments welcome!
Looking at the TQQQ hourly chart, you will notice that the megaphone is showing reward to the downside around 56. The upside is limited to about 114 area. What is the logical play? Comments? Also the Yearly RSI is touching 80. What happened last time yearly RSI touched 80? Feb 20, 2020, Sept 2020 Kaboom! Please do your own due diligence these are just fantastic...
TQQQ Wedge forming bouncing off resistance. Next spot $$$$!!! Please do your own due diligence this is just an amazing idea!!! Comments welcome.
After almost 2 years of consolidation, EOS breaks resistance in 2021. Can we achieve $8? I think we can do better! Remember to do your own due diligence. This is only an idea. What are your thoughts?
The next 4 weeks where UNI price points could end up if continuing on this path. $30 is looking more like a reality for UNI especially in light of our corrupt financial markets finally getting the attention needed. DEFI is heating up!!! This is only an idea and should not be used for trading. Please do your own due diligence. Please share your opinions.
The next 4 weeks where UNI price points could end up if continuing on this path. $30 is looking more like a reality for UNI especially in light of our corrupt financial markets finally getting the attention needed. DEFI is heating up!!! This is only an idea and should not be used for trading. Please do your own due diligence. Please share your opinions.
As we hit the resistance trend line from 2018 & 2019 expect a pullback to 86. Looking at the chart you will see what happened last time we touched these trend lines. 1) Feb 19 2020 2) Sept 2 2020. Protect yourself!! Short TQQQ or buy SQQQ