avka81

avka81

QQQ ended up extending the divergences. Overall PPO crossed over going down on a weekly, 2 day and 4 hour charts, so more downside is expected. But we will have a short covering rally before heading down!!!!

avka81

Bullish Descending Wedge all over major Indices and Stocks. Too Stretched to the downside. Bullish divergence on PPO 60min Chart.

avka81

Nasdaq, Russell 2000 had a bullish divergence building since last week. Now we have potential divergence on Spy. Short term rally is due. Its little too stretched to the downside!

avka81

As you can on a one hour chart we are trading in a Bullish Descending Wedge with a Bullish Divergence. Also holding support at $175.50-177. A lots buying but it was muted by sellers. Bears are getting exhausted here. Its about to break tomorrow. Good risk reward. First Target $186!!!

avka81

Apple sold off pretty hard passing 100 MA. In the process created a potential bullish divergence(I believe its already playing out) Closed my shorts on APPLE and QQQ. Went long 30min before close on Apple and QQQ. I'm not sure how far this bounce will play out (could be days or weeks) Also we have created a trading channel on QQQ and SPY. If we do have a...

avka81

QQQ sold off pretty hard into support. In the process created a potential bullish divergence(I believe its already playing out) Closed my shorts on APPLE and QQQ. Went long 30min before close on QQQ. I'm not sure how far this bounce will play out (could be days or weeks) Also we have created this trading channel. If we do have a sustained bounce we could go up to...

avka81

A lot of people calling lower Gold Prices. I think we are bottoming here. As you can see we are making a higher high and higher low. Gold will break $1350 soon. I can't wait for the day when paper gold owners ask for their gold to be delivered and to find out they don't actually own any gold. All derivatives of gold will be getting into trouble when we have a...

avka81

Failed testing secondary trendline and breakdown candle high. If we fail here it's pretty bearish and Bears will take control. Let see how it will play out!!!

avka81

Failed at 200 DMA today. Let see if this Bear Flag plays out. I've been able to day trade this channel since Monday. Only keeping puts overnight and selling them in the morning. buying calls on the bounce. Last Friday kept a call over the weekend and it was a bad idea.

avka81

It's testing support too many times. It looks like going to break it very soon. Nikkei goes then US Markets goes. Found a big correlation between the two.

avka81

Bearish Divergence working out really well. It will start crashing in the next few weeks (US Markets will follow as well) Buy a lots of cheap Chinese Stocks after it crashes. They will outperform every other country in the next 20 Years.

avka81

Closed my Apple shorts friday and bought calls. Bullish divergence on hourly all across (also bullish action Thursday and Friday). Short term bounce expected. Ill be going short S&P500 @2900-17.

avka81 Updated 

Hedge Funds are net short VIX. Its at a Jan 2018 level. Boat is about capsize!!!!

avka81

Hey Guys. I was gonna post this on Saturday but got busy. We broke down from the trend line and the rising wedge after the Fed Meeting and retested the trend line on Friday. By looking at futures today the retest is failed. I outlined in color what we should expect from this correction. We get to orange support line expect waterfall type sell-off. As I said on my...

avka81

Gold is building base here. If we hold here its bullish. If we break $1350-60 we going to see $1500 gold by end of this year. Every pull back is a buying opportunity!

avka81

Hey Traders. Its been a while since my last post (been busy). October was not the Bubble Bursting but this one is a possible one. Rising wedge getting really tight and close to a break. Negative divergences all over indices. This rally was induced by Corporate Buy Backs due to Fed Capitulation back in December not on fundamentals (Q1 2019 was the worst start of...

avka81

Last week we had a Gravestone Doji on a weekly Chart. Its usually a topping pattern but if it comes after extended downtrend and gets followed by a Bullish Engulfing candle, it can mark bottoms. I'm going long here even tho the week is not closed. Indices look weak so we should close this week higher and get a even bigger green candle...

avka81

Since TLT had a Bullish Divergence on weekly it had a pretty good run. It looks like its not done with the run. Target 133. Break of 122.50 will confirm it. MACD still confirmed up on weekly and 4 hour charts. Once 2 day crosses over going up, we should reach 133 in no time.