cerealtrades

cerealtrades Updated 

as long as we stay beneath 20.85 and we close below 19.57 it seems like uvxy hourly is forming an island top that we vould retrace from quite a bit. gap close at 17.20 is a reasonable target if the right conditions present themselves. right now 20.55 is resistive as we may not even get there, and we could form a head and shoulders that takes us much lower. if qqe...

cerealtrades Updated 

i just dont buy this as reversal. its not that i think the larger bear trend is due to continue immediately necessarily, but i do believe we need a retest of some support area at the very least.

cerealtrades Updated 

i dont even want to talk about the market, but here it is begging to short.

cerealtrades Updated 

this qqe signals long entry might be about to pay off. there are a lot of reasons to try to extend an oversold bounce in btc on the hourly timeframe while rsi makes a higher or same low with a drop in btc price. my reasoning is simple: the dollar tends to go down while stocks short squeeze, and this drives btc price up. the stock market tends to pullback from new...

cerealtrades Updated 

pretty simple. i dont trust this at the moment. the 1 minute looks bad.

cerealtrades

this is purely educational, and not investment advice. get professional advice before investing. there is nothing more predictable than reversals of the broad trend. take iwm for example. small caps are extremely sensitive to large volume market moves. small caps obey a general ruleset that ties their values and fundamentals to that of larger names and other...

cerealtrades Updated 

we have reached another crossroads for vix, and thus one of my favorite etfs: UVXY. if we hold mid to high 11s the we could be up at mid 12s by friday if we keep breaking to new lows today and tommorow then we could be back down in the low 11s by the middle of next week.

cerealtrades Updated 

i just wanted to show people why this could still go very badly for broader market longs. im not doomsaying, or fear mongering here. im simply outlining why i still have a long forecast for vix, even though we are almost breaking to new lows in uvxy. the highlighted areas are times in the very recent past where spx has increased in volatility even while indices...

cerealtrades Updated 

the last few times vix has done this on the daily as spx sold off the week high was suddenly taken out, bullish divergence in rsi showed for uvxy as it beat the 1 of trend based fib extend, the vwma tucked under the price and began to rise as volume increased until the price hit the 2.618 right now the 2.618 is around $18.94 if we get over the week high right...

cerealtrades Updated 

nasdaq futures are looking pretty troubled right now, and if we see a large enough gap down and break last weeks low this could spell out further weakness in the index which could last into march volume has refused to drop off, and if we see another spike it will probably be selling taking out fridays high probably opens the gate to $76, and additional volatility...

cerealtrades Updated 

its very simple. if this is going to continue, it will stay over vwma/aavwap, and the 1.618 we can retrace quite a bit, and 114.75 isnt unthinkable if we close hourly below the middle horizontal line this would not negate the bull trend, and 115.235 is a decent target as long as we bounce

cerealtrades Updated 

its interesting to think this stock could be worth over $5 at some point when not long ago this thing was chilling in the low $2s. theres no technical indications that the bull trend is over for the hourly picture, but oscillators are saying it is overbought if we keep cloaing hours above aavwap/vwma and the .382 i dont see anything wrong with targeting $4.48 that...

cerealtrades Updated 

selling pressure should continue but lead to higher prices in spx futures tonight the range on the chart is what im looking at until this trend extension breaks it seems that between 4725 and 4689 are reasonable targets should we break 4659 we could head for 4560 if we are beating 4630 we could be headed back up to 4770

cerealtrades Updated 

pattern of higher lows and lower highs should break soon, and the direction and magnitude of the break should determine momentum for the time being looking for 4641 if we open to the downside, and 4669 if we break to the upside invalidates by cash open tuesday aavwap/vwma determines crucial levels

cerealtrades Updated 

price action appears to be affirming the bear case so far in the new weeks first session. momentum, magnitude and direction are all consistent with a roll over. as long as the price regains its footing soon, id imagine there could be a place for dip buys, but if it crosses below vwma 20 and cant regain the current autoanchored vwap on the 15 min-1 hr this is bad...

cerealtrades Updated 

since we didnt immediately continue higher, but stopped just shy of getting above fridays close spx has retraced to the .382 of the bounce. my idea is simple: if we stay above 4638 its likely to bull flag, and if we dont its likely to revisit 4600 around the .786, or at leats the bottom of low anchored vwap around 4616 or the .618 the key will be sector rotation,...

cerealtrades Updated 

if we dont break 133.33 confidently, and confirm 15 min reversal pattern with a lower low 131.85 this may signal overheated conditions in spx should we keep the uptrend holding 130.69 and continuing higher i imagine we have a go at 135, although id still be wary of buying borader markets right now except for a quick flip if we dont hold 130 and cant get back over...

cerealtrades Updated 

spy daily is deep in the red. this is making me think were near max pain as it is near critical support. im capitalizing on the chance that vix goes down from here for a while.