RealMacro

RealMacro Updated 

In 2023I will focus a bit more on helping the tradingview community to become better traders and investors using my approach. I will use the update feed to post my Comments, Thoughts, and charts about economics, trading, and investing. I will try to answer questions but am limited in what I can say publicly. Please keep that in mind. Of course, I will keep...

RealMacro

Very important day for Target, as it breaks a key 50-year trendline after it has already lost -50% from ATH. Now crossing a line in of itself is not a big deal. However, how it breaks and what structure it forms after the break matters a lot. This is the 3rd time since 2017 it has tested the trend line. The last time it broke in 2008 it lost 50% of its value....

RealMacro Updated 

Time for a new updated chart in TSLA. TSLA has now formed a MEGA Bearish structure. While we are not near a Key area at the moment. The initial formation does not look good for the Bulls going forward. At this point, it would take a lot of effort (buying) to change the message of the market in this chart. While anything is possible it does not appear likely at...

RealMacro Updated 

Dashes ---- on PE is all I got to say about that. Going up a wave is fun! Going down a wave not so much. CAUTION! is in order!

RealMacro Updated 

SBUX like many other stocks out there has multiple Head & Shoulders pattern. One H&S is mammoth the other smaller. It so happens that price is simultaneously breaking a recent up channel. A break here could possibly result in a significant price drop. It is better to be out of a trade wishing you were in rather than in a trade wishing you were out. Caution is...

RealMacro Updated 

A rising wedge to a double top that Cracked! Double top you might ask? Yes. Double tops can break just prior to, at, or just above the previous highs. Too many people make the mistake of thinking a crossing of a line means something in of itself. It doesn't. The structure is way more important. in this case, it was a rising wedge. While you guys are seeing this...

RealMacro Updated 

Obviously NVDA is in a Euphoric FOMO Mode and almost impossible to pick a top. However From Erections Come Corrections add the nice little double top and it makes it compelling for bulls to take profits. Stupidity is the best way to make money, so don't give it back.

RealMacro Updated 

This is yet another simple short setup that could be very lucrative if traded correctly. You don't get too many of these setups often.

RealMacro Updated 

I don't know how many times during 2021 - 22 I heard AMZN will "save the market". I wish I had a penny for each time someone said that. As we all know AMZN didn't save the market. I heard it again yesterday and rolled my eyes. Anyway. We have an erection (that we know is followed by a correction) right into a double top. (we also know a double top can either...

RealMacro

Bearish structure validated and setting up for a great risk-reward at a key area. While it has not CRACKED yet, it appears it will soon. This small time setup has much bigger implications for the bigger chart as it could run lower for longer to use some FED speak.

RealMacro Updated 

While we love Shake Shack The stock market right now is not. it topped out with a H&S that broke followed by a Head test that failed. Now it is breaking a key area of a bigger structure which is bad JUJU for bulls. CAUTION!

RealMacro

Yet Another Bearish Structure. This is a simple setup. A fully formed valid bearish rising wedge that is about to crack. Gove the state of the market the crack could come fast and furious. As such I am posting it a bit early. However, wait for the CRACK!

RealMacro Updated 

Red Roof Inn, "You can smoke crack here!" An easy way to remember Red Roofs are bearish structures. H&S everywhere. This is a simple setup with great risk/reward. If the price breaks above the Roof it's a stop on the short. If not enjoy your profits.

RealMacro Updated 

The structure seems to be fully formed and starting to roll over after breaking a year-long bull run. Given the current state of the EU it is very plausible that we can see a longer-term trend lower. Caution is in order.

RealMacro Updated 

NFLX has been very strong for over a year now. However, all good things come to an end. We have a Head and Shoulders pattern about to break structure. Great Risk reward setup

RealMacro Updated 

OPEC cuts lead to lower oil, not higher oil prices. That is why they are cutting . If Global demand was there they would not be cutting they would be selling as much as they can at higher prices. I see too many people get this backward.

RealMacro Updated 

No one should be even looking at CHR unless it has a clear breakout, a correction that looks bullish, and then cracks higher. Only then should anyone even consider allocating money to this chart. There is literally nothing bullish about this chart. if you see bullishness in this chart your trading career will be very short.

RealMacro Updated 

Bubblicious! Was right. As inflation soars and the FED is behind the curve don't expect ARKK to do any better than it has. over the last year as Junk Bonds start to sell off and rates for Zombie Companies rise. It's always fun going up not so much on the way down. Please click the play button several times to see the results in the chart above.