CptSafety

CptSafety

The long End Of Yield Curve will steepen. Inflation running hot and CB can't hike rates. Nobody will buy 20-30Y. Yields Run, TLT Plummets Double Top with Divergence. Both, fundamentals and Technicals there. This may be the only trade you need to make this year. Everyone will continue to believe inflation is under control until they don't. This is a trade we can...

CptSafety

Trend is your friend. I'd believe a break of the premarket high would invalidate the channel. Tight stop here. Good Luck.

CptSafety

This also looked to be a valid bearish cipher followed by a possible bullish 5-0 patter. However, I decided to assume that a double bottom has completed its measured move and will follow DOW's law with a 50% retrace. I believe the trend is still strong and after the correction will reach newer highs. Personally, I'm long here but acknowledge the short-term...

CptSafety

The last hour will see if we hit the trendline either today or tomorrow. The last test showed a false breakout and even a false breakdown on the lower trendline. Good Luck!

CptSafety

Not feasible at this point. Testing my fortune-telling abilities. I'll go short if we create that right shoulder and start to round.

CptSafety

I like this down-sloping resistance and believe this falling wedge is the most likely pattern. The day will start green and maybe even break-through the trendline due to the first of month inflows via mutual funds. However, this will be a false breakout and come back within. The hourly volatility adjusted rsi is overbought. See you down 2% either today or tomorrow.

CptSafety

Tesla recently broke out of the $690 resistance and there is a large sell wall at $750. Take profit area is first at $740 then $750. There is also a short opportunity here if Tesla breaks to the downside. Watch for a $709 downward break to go short. Volume has slowed down in recent days and plenty of catalysts coming tomorrow (Jobs, unemployment, anything Musk...

CptSafety

LMK

CptSafety Updated 

I've been looking for an entry into the S&P for quite some time now. Purple box is the .382 and .618 fib retrace. Red lines are areas of confluence between the 50% retrace and support and the 61.8% retrace. I will be scaling into these positions knowing I won't be able to call the bottom and stop loss set at the 1.23 retrace (not 100% in the case of divergence...

CptSafety Updated 

We can see a near double bottom on price with bullish divergence on the MACD. In tandem with our price and MACD we see a double bottom on the RSI. Let's see where this goes! Comment below and let me know what you all think :)

CptSafety

The last time bitcoin put out a golden cross on the monthly MACD (January 1st, 2016), there was a 14,819% return before the death cross (on June 1st, 2018). Bitcoin started at $430.89 and ended its run at $6385.71 with highs and lows between the two. The same return at our current golden cross would put us at $126,667.92 on January 1st, 2022. This is if history...

CptSafety Updated 

Keep an eye on Forex new this week for Canada and US this has been bouncing around for some time don't decide in between wait for a hit at either side. I currently have a buy @1.33100. First post. Let me know what you guys think. Set your SL to minimize loss and set your TP and stick with your plan. And remember Safety is key!