Just got a SHARK SELL signal on the Daily time frame on BTC. This is at the top of a positive volume shelf, and the top of my triangle. I could see a case for this, with all the uncertainty with inflation at the moment. I would love for this to be a shakeout drop for a continued upward movement. I think it would be a good idea to get some insurance if you are long...
Looking to short tomorrow to 411 range. Got the sell signal on the 18min chart!
Bottom of triangle is the Point Of Control (1Day) based off volume , Purple line is Point Of Control (2hr) , Yellow line is the average top on this macro movement. AAPL is respecting the 20day EMA, the ema bounce is represented by the channel inside the triangle. There is no reason to short this until price breaks the 20 EMA. The green rectangle is a volume...
This chart is based off Volume, EMA's, and Probability Cones. Leaning more towards things falling.
Just posting my idea of the triangle rejection from both sides. The safest bet for AMEX:SPY has been 396 both ways for a long while now. I don't think this time will be different. We shall see. If we break below 20 EMA on daily I think ill take a short position , depending on what the volume profiles are saying.
Macro breakout play. Im still neutral on spy and haven't taken a play other than scalping 0dte options. This is a possibility for a break out on spy.
I'm neutral on SPY at the moment. I would like to see how it will react at this level. If I had to guess we will get a breakout to the 420 range due to the cpi being pretty inline with forecast. With so much going on i'm bearish overall. Would love to see a rejection back to the mid 390's. This could set up to be a monster put option, however we would have to have...
I don't have a solid prediction on direction going into tomorrow on SPY. Im trying to stay neutral due to the daily candle being a absolute banger of a gravestone Doji....The line in the sand, the weird moment in tug of war when both sides are at a stand still and the wining team makes there move. I am feeling like the bears will win this overall, however im...
On the one hour time frame SPY looks like it might react short to a large sell volume shelf. Another thing to look at is the RSI on most hourly time frames are overbought quite a lot. On a the 1 MIN chart we are at a triple top, so i expect to open around low 396, and if that does not hold I will be waiting for clear direction.... However, on the Daily the RSI...
Don't get trapped by the fake out. What is better? This is a reaction on the hopes the Fed reacts in the plea of global markets. Conditions havent changed one bit. No shame in averaging in, but do you think this is the time to flood in? there are too many people betting things worse from this point. Im just saying be a robot and dont let ur emotions get the best...
Thx Elon, Lets see it rip baby! Im up just over 200% on calls currently. Dont want to be greedy, I just want to continue to be right lol.
Felt very confident with this one. Left all the noise out with this one and focused on the TA. 4hr doji at the top of my channel, Evening start candle setup, and RSI topped out. B-e-a-utiful
CHECK IT OUT this is a cool charts and stuff so like it or not randy comes home to play and no one can stop him. boats are up and papas coming home!