AAPL (Top) TSLA (Bottom) Tesla likely did what AAPL is about to do next this is what i was referring to in my post from last night. I think it's more than likely something like this plays out this year. This would also entail nearly the same orderly sort of sell off nearly percentage wise (Obviously mkt cap size will be different) TSLA may be leading...
Now is the point (post-ER) I'd look to enter puts on NFLX .. Falling wedge still in tact on larger scale .. 1D / 1W / 1M timeframes show. Names such as NFLX , META .. already sold off and likely have bottomed.
Weekly chart looks like it is shaping up to once again either go through this trendline or get saved.. 110 or so looks immiment.
Shorts are starting to look yummy again now on the weekly candles.. I will post AAPL as well , some names look as if we're set to sell a lot further once again.
Double bottom formed Top of trendline resistance seems evident to tap Dividend date is fairly soon as well
Predictive charting -- would be fun to see this play out ,, sell off into summer .. summer rally into EOY.
Netflix could be coming up on a short soon.. there may be more steam ahead all the way to near 340 even though so watch out. Formation for wedge is still in play and support came in around 280's.
Monthly and weekly charts are very important to look over, I'd check this out right here.. Solar can still have steam ahead for the next year or so. Lines are just fib levels
This may be in the works for NIFTY ETF .. was put to my attention by a friend. 20k may be imminent . that 17k retest (1.618) was beautiful if taken as support previously.
Lets see if Tesla can fuel back up towards 140 blue box before any further consolidation / sell off. Tesla may have lead the pack for the sell off in tech sector, I'd note to watch AAPL and MSFT in coming weeks/months for downside in QQQ.
We could be looking at a move back towards the lows of ETH at some point soon Crypto is barely hanging on iMO.. i am short and it's not biased. Although if we somehow managed to break out of this flag, upside could come 300+ points but i just don't see it happening.
No way anybody is bullish on BTC rn. Funds will most likely still liquidate, 12k-15k again soon .. 19k isn't too far away for upside but doubt it goes much further higher than that.
Higher lows are being formed on Costco although it seems that this one could continue to fall, not much was able to be done above 533 on it which was a major resistance.
Not an ideal set up here for a long, looks good af to short though.. Will do that here and labeled fib levels which could offer support. Rising wedge in the works here and 300 looks at least to be tested soon.. possibly below that if the formation breaks down.
Trend hasn't changed one bit. Figured I'd post an update since last posts weren't ideally noticed iMO. Could make a move to the upside to continue to stay inside this formation or can break down a lot further, feels like lots are bearish if you ask me.
Party will end soon based off chart here.. Believe top of trend line comes in around 4150-4160 range. Will be interesting to see if this is where resistance really comes in, retail has to be spooked to buy in at this point, watch for FOMO move to upside in coming days and then downside to follow towards the start of the year or maybe a little prior!
GOLD monthly is in a huge cup and handle still Indecisive although can have huge breakout
If this continues to act the way it has been, this rally might be nearly over.. probably safe to start shorting soon on the SPX I have already begun at 4004 picking up shorts and willingly ready for another 100 points with long term view of being further downside and higher reward to downside than upside currently.