OversoldPOS

OversoldPOS

On Friday, NASDAQ:NDX had a solid bearish candle, accompanied by huge distribution, and momentum shifted to the downside with MACD and Stochastic have finally rolling over. Nasdaq heavy weights have extended this rally for so long I cannot imagine this earnings season is going to push this market higher. The TTM Squeeze on 15 min timeframe for both...

OversoldPOS

NYMEX:NG1! AMEX:BOIL AMEX:UNG Triple Divergence on the RSI, MACD, several weeks without crossing the 10 day moving average. I'm not going to suggest we go straight to $8 but I don't see why a cat thrown off the One World Trade Center can't bounce a couple feet.

OversoldPOS

NYMEX:NG1! AMEX:BOIL AMEX:UNG TSX:HNU NYSE:FCX The trend line is from someone else's post. the Fib Channel has a convenient crossing of paths that fits my broken clock Long strategy. E I A Report Monday will provide some clarity...

OversoldPOS

The last time Natural Gas traded at 150% away from it's 200 Day Moving average was September 24, 2001. 28 trading days later, futures had rallied 80%. NYMEX:NG1!

OversoldPOS

Michael Burry is known for cryptic Tweets. His post for January31, 2023 is just one word. --> "Sell"

OversoldPOS Updated 

AMEX:SPY TVC:VIX The VIX has a perfected Set up (9 Count) if it closes red today. The Fed might b!tch slap some sense into people next week. Until then, consider me a broke clock and a Negative Nancy.

OversoldPOS

NYMEX:NG1! AMEX:UNG $UNG $BOIL $NG1 demark.com

OversoldPOS Updated 

AMEX:UNG AMEX:BOIL NYMEX:NG1! Weekly Chart on UNG show massive volume spike and RSI is terribly oversold. Big dead cat bounce coming.

OversoldPOS

Tested and rejected. Expecting a stinky dump as Janet "Yellow Stain" Yellen keeps squawking about the debt ceiling AMEX:SPY

OversoldPOS

AMEX:SPY HUGE divergence on Chaiken indicators. Look out below.

OversoldPOS

AMEX:SPY Looks like $CRM and a couple other earnings releases has a lot of traders spraying their shorts today. Congrats bulls! I'm increasing my long position on September Puts

OversoldPOS

I'm struggling to understand any of the long ideas out there for $SPY. Not saying I'm right, but there doesn't seem to be much upside left here. Market breadth is very overbought and there's a lot of resistance up top. I expect the debt ceiling shit show to give us a shorting catalyst. AMEX:SPY