WDERUVE

WDERUVE

Easiest money i ever made..

WDERUVE

Still in the belief we need to go down.. Dumped my Put options at a loss. Whatever.. Its got to come down before we go to Pre COVID levels 177 is my next target.. WE either bounce and take off, or we break it and slide further.. WEdge forming tells me we might bounce and tap the upper trend a 3rd time before a drop.. Time will tell. 165 my ultimate low target..

WDERUVE

NVS is a long term play. Been holding this trendline (Outside of global pandemic market crash) for 4 years now. Slow and steady wins this race.

WDERUVE Updated 

NVS bounced nicely at my A point .382 FIB. Unless we get dramatic news out of this one i still see us heading lower after a visit up around 86. We should see a full 50% or even 61.8% retrace before heading back towards 90+

WDERUVE

Interested to see what earnings does to DHT. I have my eyes on an $8 gap to fill, but not fully confident it will get there this week. Long term play for this guy. I think its got some potential through this year.

WDERUVE

XLE gaps up overnight. Oil up around 25/barrel. Loving these call options i bought mid march for .06 a pop!! up 300% right now.. considering dumping them to some monster profits. Which basically eliminate all the beatings i took early on LOL.

WDERUVE

SPY hit my A target and bounced nicely, and met my B point at the close yesterday. Gapped up over night to 286, which points to the above gap that still need to be filled. I can see it runnning up to 289ish today before we start heading back down to our 277 areas.

WDERUVE

Could we see this bullish butterfly harmonic pattern play out? Lots of confirmations needed, but could be an interesting play here if we see a solid day today followed by some down turn by end of the week. Keeping an eye on it. Wishing i got out of my put options last week, but we still have a little time.

WDERUVE Updated 

Matching mfl rsi and macd patterns from last pump. Should see a drop down towards 170 today which is think should represent STRONG support Wedge is heading towards larger trend line too . This should cause a strong reaction either way. If we break below it then we should see a pretty strong slide. Keep an eye on that 172.74 number. Once we get to that, we...

WDERUVE

I can see this scenario playing out. A full ABC correction bringing us to a .5 retrace then a nice push up back toward 90. This one seems to be running up on news along in the short term. I am still holding my Fall expiring call options at a $100 strike. in the red right now, but no reason to dump yet. Holding for now, and might even rebuy once i see the...

WDERUVE

SPY correcting. Supports at 277 272 and 266. Next resistance at 283.4 Couple of gaps here that need to get filled too RSI oversold, Mfl over sold MACD flattening at bottom.

WDERUVE Updated 

Bought PUT options on MSFT... 175 strike at .95 5/8 EXP...

WDERUVE Updated 

SPY is doing one of two things today. If we break below 283 i see the GREEN impulse being the count, with the correction wave bringing us toward that 277 level. Id we break higher then the BLUE count stands at this point and we begin our march towards 300. Fridays have been a historically green day the past few weeks. but i think this one is 50/50 in on 285...

WDERUVE

NVS needs to react to this 83.15 fib level. Mfl and RSI both oversold. MACD looking like it could be flattening out.. Needs to show me something before i add to my call positions..

WDERUVE Updated 

Going to get burned on a call option i placed yesterday.. went for a 300 call that cost me like 70 bucks... Figured Id be open about the losses too. See chart for random lines that mean nothing...

WDERUVE Updated 

Down day today. Thinking we trace back to between 285-290 before our next push to 300. Then were shorting from there.

WDERUVE

Take a look at the time cycles BTC seems to be acting in. Evening Star Candlestick on the daily chart which generally indicates a downward trend. Im Short on BTC right now. Back to 3500 at least by end of this year.

WDERUVE

XLE sitting comfortably at 39.55 at time of this post. This marks the gap fill we have been looking for, and a touching of the 50% retrace mark from February. HUGELY over bought right now, so i would assume some pull back here. States are starting to open up and we have some positive news on the Drug side of things. Comfortable staying long in this right now....