Audacity618

Audacity618

Similar W pattern breakdown similar to late 2018 looks like a an opportunity to fade the market. Until the china trade deal has more optimistic outlook, I don't think there's still much appetite to push ATH even given the potential future rate cut news.

Audacity618

SPY , IWM , and QQQ all look over-extended. But I like that the QQQ is the most-overextended and looking to retrace back to base of $169.

Audacity618

Looking for DXY to sell off and provide a boost to precious metals. Goldman boosts gold forecast on 3/4 -> finance.yahoo.com

Audacity618

Momentum cannabis play overshooting generous analyst price targets ( most recent: GMP -> $18.27 on 2/05/19, CIBC -> $16.54 on 1/17/19, Eight Capital -> $12.03 on 1/08/19). Strongest of $MJ sector in 2019.

Audacity618

Price action is settling into the multi-month trend line after sideways and controlled price action. A down move in DXY would be beneficial here for gold.

Audacity618

Top of parallel channel swing (KISS). Interest rate sensitive sector XLRE overbought here. Relative to XLU (another dividend etf sensitive to interest rates), XLRE also showing overbought levels.

Audacity618

The laggard of the precious metals. Investors looking to profit from the possible move should consider buying April-dated futures contracts on the CME. Alternatively, try the Aberdeen Standard Physical Platinum Shares exchange-traded fund (ticker: PPLT), which holds bars of solid platinum. Platinum mining companies such as Impala Platinum Holdings (IMP.South...

Audacity618

Probably the worst market-sector hit with trade-war headline risk but has the most upside given current prices.

Audacity618 Updated 

Gold selling into support area where USD pressure has caused the commodity to drift lower continuously but without violent sell candles. position: Short dated In-the-money calls on GLD.

Audacity618

Emerging markets and in particular Brazil have been on a bad losing streak last several months as appetite has soured for global growth. Short term bear rally potential for short term swing.

Audacity618

Headline Risk has create great dip buys on the DIA which is the most sensitive to tariff news.

Audacity618

TWTR with a monster run this year climbing over 80% ytd, and with such gains a log-scale makes more sense in detecting resistance and support trend lines. The pitchfork seems to be reliable here on the log-scale. With RSI at all time high and such quick rise over the last 45 days resembling a FOMO melt up, this make a solid short term contrarian play.

Audacity618

I like this short term AB=CD pattern to 257.85 which also happens to be the February high mark. Small Caps broke their highs last couple of weeks, then the tech sector joined, looking for Dow to be in catch up mode. position: short dated ITM call options in $DIA

Audacity618

Quarter-year, Half-year and Yearly ROC showing bearish reversal signs. Down to lower trend line. Purely technical setup on high-growth stock.

Audacity618

trend and harmonic analysis.

Audacity618

oversold and capitulated. Bounce play with 1 month call options.

Audacity618

Tech looking poised and strong while coiled over an 8 day trading period. Looking for a continuation in XLK.

Audacity618

There's a reason TSLA is one of the most hated stocks on wall street (~31% float shorted) which boils down to free cash flow and net debt load. It appears the more cars Tesla sells the worse the cash flow. This is really an interesting stock to watch over the next few quarters. If TSLA has to raise cash it would probably be dilutive and harmful to common share...