Ready for Rejection
Updated
Pumped to .786 nonstop. Last massive pump in Jan looked a lot like this and lasted a week. Overbought on evry timeframe, lol.
Pullback to some Fibo seems likely IMO. Bear breakout, bulls are back in town. Get ready to buy the next dip for an April run to ATH.
Pullback to some Fibo seems likely IMO. Bear breakout, bulls are back in town. Get ready to buy the next dip for an April run to ATH.
Trade active
Yeah flipped some QQQ puts today. Fun. No pos EOD; can bounce in AM again. Did hit the .50 fibo for a retrace in every index, NQ -20% bear market > -10% on this rally.Expect an inverted right shoulder soon then more bullies.
Comment
Probable S2 at 4400 on the next fibo IMOComment
Indicators mixed in the middle can do anything here, IMO more likely to move downside, ofc it can surprise; all in cashComment
cash is a position... nothing to lose. double topped but there's an H&S in DJI, only NQ keeps bulling nutsComment
Flipped qqq & aapl calls fri am, small potatoes. imo we gonna see pullback here real soon, probly next week. it's wyckoff distribution with bear rally, look at RTY, setting up for a measured move back to 1600 zone IMO. Watch small caps for trend lead.Related publications
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