$VIXY testing daily 200ema near the top of the linear regression channel. This is a big area of resistance and we are watching closely.
$SPY testing the bottom of the 1D Linear Regression Channel into the market close today. Price has held the channel so far and we are keeping a close eye.
$SPY is sitting at a big trendline on 1D/1W timeframes. We are keeping a close eye on how price reacts around here and are monitoring for divergences.
If $BTC bulls fail to defend 1D Lin Reg support we would be watching for a weekly 200ema test at @ 27,038.43
$BTC is currently testing the bottom of the daily linear regression channel that has been respected for quite some time. We are watching how price reacts closely here and we are neutral on it. R/R wise this is a good area to start looking for a long/bounce play no confirmation at the moment,
$SPY 1M is testing the 1.618 fib level. The R/R favors a bounce from here with overleveraging on the short side and gamma flip.
R/R looks good for long positions at this 4h trendline support. Watching this closely.
$SPY rejected 4h linear regression resistance. Looking for a re-test of 1D key support level @ 410.64 or 1h retracement if price can reclaim 417.34
$QQQ broke out of the linear regression downtrend on a strong bullish move into Wednesday's market close.
Price bounced off the bottom of 4h linear regression channel support. We will be watching closely for continuation or a re-test into FOMC. Stay tuned
If you zoom out to $SPY 1W chart notice the massive rising wedge. The last support level to watch for the bull case is 410.64, it seems doubtful it will hold up with continuous pressure by the bears. If this support level is lost expect sub $400 on $SPY.
$SPY weekly is a massive rising wedge breakdown. The last level of support to look for is 410.64 and if that fails sub $400 on the $SPY is a very possible scenario.
Perfect tag of the .618 fib retracement at 1800. Now oversold on the 30 min. Week after black Friday tends to be very bullish for this stock. WE tagged the daily supply perfectly at 1821.02. Daily Demand is at 1739.02. We could potentially trade zone to zone but I think we move up from here. Now our indicators are re-set and we can gain the momentum we need to...
ADSK parabolic POS sitting at bubbly all-time highs. Earnings coming up and they are pulling the same shit they did last quarter. Run it up parabolically and then drop it like its hot. This pos is running on fumes. Targeting at least a 15% haircut post-earnings. The balance sheet totally deteriorated this quarter.
potential earnings yolo play to short
This is just garbage. Sitting here a bubbly parabolic ATH's. This is the #1 short on the planet right now. Overbought on the fucking weekly now in both RSi and MFI. The top is in.