New short opportunity Between the Fib resistance lines, the Stochastics and the Momentum, this is looking like a short setup for me.
UPRO trade ideas
Possible Bearish CypherBearish Cypher
Come with a chart later with SPX in focus with a reason why
White line need to be recaptured
If you agree with my chart(s) or just want to show appreciation - please... click the thumbs up in top left corner of the chart.
I would really appreciate it! Thanks!
TWUC
@BLawrenceM
Follow me on Twitter for intraday updates and scalp plays. I do my updates there.
It's a lot quicker and easier for me and you get the benefit of having the update by phone or tablet
I hope to see you there too
"It's now or never" Last chance for a bullish outcomeBearish Butterfly
Price have to stop here and go north from now on if this possible bearish butterfly is to become valid. No more no less.
I will not play this pattern from it's start... need to see more bullish conviction.
If you agree with my chart(s) or just want to show appreciation - please... click the thumbs up in top left corner of the chart.
I would really appreciate it! Thanks!
TWUC
@BLawrenceM
Follow me on Twitter for intraday updates and scalp plays. I do my updates there.
It's a lot quicker and easier for me and you get the benefit of having the update by phone or tablet
I hope to see you there too
Music at work: Elvis Presley:
www.youtube.com
Possible ABCD in SPE UPROABCD
The 61.8 retrace of the move up from today's low is near.Could put in the possibility of and ABCD retrace b4 further up
I'm waiting for a buy signal. Not given yet
If you agree with my chart(s) or just want to show appreciation - please... click the thumbs up in top left corner of the chart.
I would really appreciate it! Thanks!
TWUC
@BLawrenceM
Follow me on Twitter for intraday updates and scalp plays. I do my updates there.
It's a lot quicker and easier for me and you get the benefit of having the update by phone or tablet
I hope to see you there too
Looking for gap close in UPRO & SPXDouble Bottom
I'm looking for a gap close after a double bottom.
If you agree with my chart(s) or just want to show appreciation - please... click the thumbs up in top left corner of the chart.
I would really appreciate it! Thanks!
TWUC
@BLawrenceM
Follow me on Twitter for intraday updates and scalp plays. I do my updates there.
It's a lot quicker and easier for me and you get the benefit of having the update by phone or tablet
I hope to see you there too
Possible ABCD in UPRO and SPXABCD
I have bullish bias.
See me chart i publish on my Twitter account
If you agree with my chart(s) or just want to show appreciation - please... click the thumbs up in top left corner of the chart.
I would really appreciate it! Thanks!
TWUC
@BLawrenceM
Follow me on Twitter for intraday updates and scalp plays. I do my updates there.
It's a lot quicker and easier for me and you get the benefit of having the update by phone or tablet
I hope to see you there too
Levels to watch for possible reboundLet's see where bulls got the courage!
Trade what you see!
@BLawrenceM
Pamplona bulls going for PIT STOPPIT STOP
1.618 reached... I'm out ...waiting for new setup... too risky staying in now.
See notations on chart!
Fear not ...believe what you see and trade it
@BlawrenceM
Music at work:
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open.spotify.com
Well that's a Pit Stop... www.youtube.com
Final bull run in Pamplona UPRO bullish argument for targetFinal bullrun
I see 145.35 as target for this last bull run before "Broken Arrow"
Fear not ... believe what you see and trade it
@BLawrenceM
This chart is made the way it is - without indicators or drawings ...anything except price action. This is due to a do or dare on twitter.
@fyrstikken and Austerity Sucks are leveraged 10 times short and I have promised to stay long over night. This is where I see price heading.
Yeah I know what you think but trading was boring today except trading Giga. That was fun :)
Some extra from twitter. Really a waste of time but if you have some time to kill...be my guest ;)
In all fairness I bring you the full conversation with @fyrstikken and @Austerity_sucks
twitter.com
twitter.com
Latest post:
twitter.com
3 drive to a bottom ? Did not pan out!Could very well go up from here
ES has already turned up
I will not play this .
Fear Not Believe in what you see
@BLawrence>M
SPX (UPRO) still looks bullish even after big run upPrice has recaptured ma 370 on 10min chart. Last time around we saw continuation.
Safe trading ladies ladies and gents!
@BLawrenceM
UPRO need to take the head of the SHS on next attemptNeeds to take orange top line out on next attempt
or neckline could be tested again and possible
further down move to shs target.... gap close.
@BLawrenceM
3 drive to a bottom & end of corrective ABCD harmonic Looks like Fed is setting the market up for a pop on there announcement later today at 2 o'clock.
Market would then have made a perfect ABCD correction (yellow lines) at the 1.272 fib and looks like a 3 drive to a bottom at the same time (green lines). We would at the same time have seen a gap close
Fisher looks also ready for a bounce making a possible divergens
That would set the market up for a 5th and final wave up.
Time will tell
Safe trading !
@BLawrenceM
Gartley butterfly A support for the bearish SP countUPRO normally showing gabs more clearly then the index.
Price has made a exact 3.618 fib ext. of wave 1 and stopped at gab
I could see chop here due to low volume ending up Friday with a gab close and reaching the exact 88,6 retrace.
OR a gab close today and a bad NFP report tomorrow bringing the Gartley butterfly in play.
I will take a short at 88,6 as a low risk entry.
Safe trading ladies and gents!
@BLawrenceM
Bearish Gartley, Gap close, abc move done.Smells like a diagonal being formed together with a gab close ending up with a Bearish Gartley being formed.
I recommend hands of until clear signals given
Safe trading ladies and gents
BM
Upro targeting 107 wit IHSThe back test of the break out of the trend channel looks like a failure -
But is now finding support at ma361 and creating the right shoulder in a larger IHS with a target around 107....but neckline has to be broken.
Safe trading Ladies & Gents!
BM
IHS in Upro after a dbl zig zag Let's see... neckline have to be broken before it's for real
Have to hold the 38,2 retrace in the right shoulder !
Safe trading ladies & Gents!
BM
ABC done? Then X-wave up to resistance $UPRO Looks like abc is done and we'll have a X-wave up to resistance as min
UPRO ABCD in playABCD in play with a promise of gap- close
Playing right now with a 23.8 retrace... I do though see price action brings at least a 38.2 and then bears comes could come in with conviction.. so caution!
As always time will show
Safe trading Ladies & Gents!
BM
