About meMy name is Bry. I am a 375/500 Double hull, 200 SMMA and Fib/SPitckfork trader. I've found what I like and I try to keep my ideas clear, understandable, and as simple as possible.
Watch video. I am more or less bearish on every timeframe besides the week timeframe. The week timeframe says we go back up to test, because of being oversold, every lower time frame says its ok to keep moving down.
Closed positions and am waiting to see what happens.
I can see a possible 10% drop being set up and want no part to do with it.
Im feeling 65% bearish and 35% bullish in both the short and mid term now.
Same as usual.
Just an update of what I normally go over. I would type more, but why type more when it is a video that is supposed to be watched.
I give the long story short TLDR in the last 2 minutes of the video.
I haven't had an update in a while since I sold my positions and last streamed. Not much has really been going on since then. Things more or less looked bad from a technical standpoint and with Powell's comments things didn't really have any choice but to go down.
I go over what I want to see in the video. There is no point typing too much if I have a 20 minute video.
I might do another Video based on some other stocks, because we are finally moving in a direction and more action should come shortly.
14:45 Quick Summary of the Video.
I'm too lazy to put timestamps for this video, BUT I will put a timestamp for the final thoughts. That last minute or two sums up what I think is best and what I have seen these past two days since the last stream/video-idea.
Still waiting on DXY to hit 98.3-100 to consider being bearish from a technical perspective.
1:06 Quick look at DXY
9:45 DXY and VIX
19:15 DKNG, GME & PYPL
More or less things are still in limbo. There is a possibility that there would be a huge upswing if the vix can start this week under 17.83.
We will see if that happens.
At the end of the day the rise from Jan 1st was pretty easy to see and we are in the "take profit" zone. This never inherently means done be in or sell everything, but is better thought of...
8:15 DIA DJI
9:05 What I want to see with the DXY
10:35 What I want to see with the VIX
13:00 HSI Hang Seng Index
15:15 GOLD XAU
19:52 Closing/Good bye
Just an update from yesterday. Most things seem to be going as expected during this new year.
I still expect the DXY to...