Humana looking like a flag and were right at the top of it, if we can break above i'd play long for a shot str8 to the 200 day quick, if it not wait for the break down and then strong short
under downward sloping 50 100 and 200, grainger now in a downtrend until proven otherwise. if it breaks the uptrend from late may without breaking above the 50, i'll try a short against the 50
3rd time failing at 50/100 here after failing at 200 in april/may, i'm short with tight stop on daily close above the 50
banks aren't feelin the fed at all, lose that 50 day and im short. smell a hard fade comin.
love you guys, so much passion. back at the 50 day here and failed yesterday, its been the wall for tesla so far and its very close overhead, nice chance to get short against the 50 with a very tight stop.
consolidating in here, this one loses the 200 im short, until then nothing.
either a strong rejection and breakdown of 50 100 and 200 or a burst above and this one goes quick, very high on watchlist
nice spot to get short against on back test of 200 here, staying patient as we could grind for a few days, but if the 50 crosses 200 strong short op
we started breaking down in 2016 and then the shanghai accord happened the russell went back to the 200 day, pulled back and then was able to recapture. THAT HAS NOT HAPPENED HERE. in fact, this is the third try by the russell to get back above the 200 day. A failure here means we are likely to explore lower before another attempt at the 200 can happen. This...
were backtesting the downward sloping 200 day here after failing to break the previous two times. This chart is why I am so bearish RN if this thing starts to turn down we likely make new lows when the neckline breaks. RISK IS VERY HIGH RN like this week or next week
We bounced right off the 200 week after breaking through in march, if this can curl back up here, the dollar can start flying. This will start breaking things imo as commodities continue to suffer , making them more expensive in currencies around the world.
Nividia has a pretty well defined trendline. The last two peeks to Trough in Nvidia took about a year more or less. That would put it at 35 ish by August. First things first, theres a huge gap to fill at 103, lets see what happens when we get there.
Its a short term short, and then probably neutral for many years as it consolidates this multi year move, Facebook, now Dead money to investors, should be a great trading stock
us banks know theyll soon be going the way of european banks, with rates at 0 even negativefor an extended time. Central bank manipulation may boost loss making tech stocks, but financials going the way of the dinosaur
as of now theres no play, but a break under 1515 is a very strong short for a new low
if you were long no reason to hold here no reason to be short yet either, right at resistance, if we break the wedge down, shorts game on, above its a long. nice Risk reward setup with premium getting burned
a drop here below trendline sets of a big chain reaction, would start short if close below trend on daily. and then add if/when loses 200 day. Patience