TheKitchenTrader

TheKitchenTrader

Inverse Head & Shoulder setup here with a potential .55 move up depending on how you count. Pro Blue Osc Heading back to 0 line with plenty of RSI to run.

TheKitchenTrader Updated 

Tagging the bottom BBs and what would be the neckline. Pro Blue Osc pointing down. I'm not short but I'd want to see this play out or invalidate before any long positions.

TheKitchenTrader

where it will meet some resistance. Then it needs to move up to the .80 Volume Shelf which shows the most overhead resistance. If it can punch through .80 then it launch pads up to $1.20 quickly. Lot of work to do but this is way oversold. Positive trading to all.

TheKitchenTrader

Let's see if this setup materializes and creates a measured move up to the next Volume Shelf. Indicators favoring this.

TheKitchenTrader

Let's see if this materializes and creates a nice measured move pop.

TheKitchenTrader Updated 

Sitting on volume shelf with Blue Osc curling and MACD about to cross. All this is a perfect setup for a launch. Next test will be top of BBs at $100

TheKitchenTrader

Hourly showing nice work on all indicators and has created its own Cup and Handle. Add in the pennant above volume shelf and it creates an ideal situation for a substantial move higher.

TheKitchenTrader

CRYPTOCAP:BTC almost every time it breaches the upper BB on the Daily it sees either consolidation or a drawdown. It's at that point again.

TheKitchenTrader

FedEx had a better than expected ER push that is slowly subsiding as well as the country heading into recession. Large Gap to fill at $205 which looks to happen sooner than later. Nice short or put setup here.

TheKitchenTrader

Looking for re-tracement with the DT and all indicators rolling over. $55 Gap and $48 Gaps below.

TheKitchenTrader

Ugly top candles, RSI overbought, MACD and Pro Blue Osc turning over. Looking to fill that $13 GAP.

TheKitchenTrader

Looks like 🍏 is respecting support here so expecting short term relief from the selling.

TheKitchenTrader

I believe it now sees a relief bounce for the short term.

TheKitchenTrader

Historically VIX bottoms around $20 and then tends to create some chaos. As we see here the VXX RSI has bottomed and MACD is close to crossing up. Looks like an upside move for VIX and VXX soon.

TheKitchenTrader

Chart is self explanatory. Looks like under $10 is on deck soon.

TheKitchenTrader

Chart is self explanatory and LUNC may give opportunity to load lower. Although LUNC has defied many patterns before so expect anything with this asset.

TheKitchenTrader

Circle #1 shows where the Pro Blue Osc (Blue Dotted Line) rose above the zero line (Light Blue Line) back at the end of June and is now moving nicely in a consolidation pattern above it. The Bollinger Bands are now starting to come together in a tight squeeze while RSI stays at a healthy bullish level around 50. It just made a Bullish MACD cross as well so all...

TheKitchenTrader

Let's first look solely at the TA. Pro Blue Osc is heading up towards the zero line in a V shaped recovery. RSI is in the buy zone and MACD just completed a Bullish cross. People may say this is silly because it has crashed so violently that it's typical to see indicators moving up after this kind of carnage. Remember, TA is TA and if you caught some of this...