Okbronpbro

Okbronpbro

Golden pocket on the weekly and 400 period ma The fed pivot and earnings season will cause this

Okbronpbro Updated 

Prediction-retracement to 393, down to 368 where the 200 week and golden pocket are located at, back up to test 382, then 338 minimum enjoy boys

Okbronpbro Updated 

0.382 fib level and resistance, if it wants to go to 0.6 ill keep adding shorts again

Okbronpbro Updated 

9 count on the weekly is approaching on vix Powell will dump on bulls soon…. Don’t stay long

Okbronpbro

It will retest the broken trendline, and 200ma before dropping

Okbronpbro

The vix has a large positive divergence on the macd daily It is at weekly price support It is at the 400 period moving average It has strong trendline support going back from 2017 at 17

Okbronpbro

Trendline from the start of the year was touched. 410 resistance was touched and rejected immediately, volume profile shows this was a key pivoting point all year lower volume, and price exhaustion on 9 count(weekly+daily) Bearish behaviour at 200 ma again Fib retracement shows we are in the golden pocket like the other rallies this year(0.618-0.7) Bearish...

Okbronpbro

The weighted weekly 27ma has been a nice resistance for rallies all this year, same with the 200 day ma

Okbronpbro

Defended support, on high volume, trendline support, Capitulation already took place, inverse head and shoulders break, semis are overpriced and garbage again after 40% rally. Come with me as we milk this one last time into vix 45 If this market keeps going up slowly or continues consolidating I will keep adding 3month and 10 year yields are inverted like hell...

Okbronpbro

I’m short by other means, not uvxy, but I don’t think this market is up here much longer lol. Vix is going through price compression, positive divergences, and an inside bar formed on daily after support from the 200 week ma. The symmetrical triangle pattern is coming to an end, and the market is going to get ripped to shreds. I’ll make a prediction and say in 3...

Okbronpbro

I don’t know anything about natural gas but I took a small position on this because technicals look so good. Crazy accumulation, high volume at support, 200 day about to cross 200 week, price structure like back in prior runs

Okbronpbro

I don’t see how the market continues on an uptrend after cpi, and the Dow is seriously overextended Reasoning: Trendline, daily, weekly and monthly supports Weekly price exhaustion Bottom of broadening pattern Favourable volume

Okbronpbro

Looks like it will at the minimum fill the gap Bears losing control over price at weekly support Volume pointing to a bullish picture I took a small position in SPXL and won’t add anything large on long side in such a bad market

Okbronpbro

Here are the supports and resistances based off order blocks and volume on the way down. It has to bounce now, and even if it does I’m thinking to 376 or 370, then right back down. Earnings compression and Qt will keep going on, and the fed has to have fed funds rate ahead of inflation. It’s looking more and more likely we’re going to have a serious recession...

Okbronpbro

Top of keltner channel(overbought) Bearish divergence on 5 and 15min lower volume today Now above volume profile large block powell speaking tommorow high risk low reward to hold

Okbronpbro

Price floor has been established on 15 minute after capitulation after Powell spoke On the one day spy is oversold, it usually bounces back after this slightly I'm going to target 383 to 380 area to short using SQQQ. The risk-reward of holding a short here is low because of the previous demand zone. The market could very well dump further but I think the likely...

Okbronpbro

FED doesn't speak again till nov first and second. They can't drag this bad market up now. September 7th to 14th they were not doing QT but buying according to their balance sheet. Every end of the month they start unloading. macd flipping on weekly for spy and QQQ Watch for earnings in October to destroy this( Fed ex showed us the way) DCA Points if going long...

Okbronpbro

Bullish harami on daily Coiling moving averages Structuring up of price Price floor on monthly on a decaying asset Good luck Invalidated if fed raises 50