Bottom picked this one, still holding a full position for continued run. looks good. target 360ish still
XLF has been following a perfect IWM fractal so far. i overlayed IWM recent accumulation pattern on xlf. Lines up with what i think will be a further rotation away from value and into tech/growth next few weeks. accumulated longs at the lows last friday, and will leg into couple month out calls if it can consolidate like this.
not sure if i posted QQQ w IWM, entered them at the same time. everyone screaming tech has to correct is an idiot and should be ignored. you see hoow this market works? refer to last fall.. market makes a move and corrects through time with 2 decent sized pullbacks and recoveries, turning the pullback into a larger consolidation. stop shorting. targets 350-360...
currently long and this looks good with 1d bull div. needs more time to confirm, and would be possible to see it extend/build out further this week. so long as any downside move is still on lower momentum, this is good.
closed above so longed on close. note every other time we've had 2 red weekly candles. definitely worth a punt.
there's the playout. hold here or death. watch weekly close coming up in a few hours
do you believe? i said all in at 38k. this is where legends are made and the weak die.
did you get in? or were you scared at the lows calling for a crash?
expecting some sort of rejection around here on first tap into weekly resistance.
looks like we found support early. seems as tho 38k was too obvious. seen it all over twitter and those waiting got front run 9myself included). daily looks better now given we get a close up here - higher high short term. if this structure holds, looks like new highs are on deck.
front ran gap support and found support around previous JAN ATH. would expect this to slowly make its way to new highs
look for the gap to act as support for IWM from 209-213. ideally would want to see entire gap protected (left open) or at least 50% kept open. this area of support coincides with the rising pivot line shown. it is possible this area at 219 hold here, but I am looking for 213 to go enter calls 2-3 months out depending on the premium when we're there. strike would...
similar to FTT, looking for this 3D div to take us to a retest of former ATH. bids staggered there
if a triple bull div forms on the hourly, i'd expect a nice reaction. this will likely cause many traders to think this is the bottom but u have to see the higher time frame i shared to know we could likely see 38k-42k. either way, u can scalp it or continue to sit out waiting for a THE bottom
FTT looks have started playing out this 3D bear div. Will set bids on the way down. spot is great on this for collateral on FTX