Cogg

Cogg Updated  Sep 27, 2022

Looking for a drive higher going into September to the marked resistance level, then continuation of price action lower.

Cogg May 17, 2022

Expecting something like this to play out to clear some of the weak handed bears - We are still in a obvious down trend. We've had 5 rejections of the 4043 level, allot of sellers have been absorbed and I expect a break through to occur. I'm looking for the Feb 24 lows rejection. If we break the trend line drawn on the chart, I'll re-evaluate my plan with my...

Cogg May 7, 2022

I'm not very bullish right now due to rising interest rates, and tightening monetary supply - but over looking the daily chart, I seen this potential set up. The play would be buying near (5) - the support at the bottom of the triangle, with your stop set just below support.

Cogg May 5, 2022

Symmetrical triangle forming into resistance at the range high. RSI overbought into resistance, expect trading sideways or a break down until the oscillators are reset The levels marked are from daily opens/closes. I wish I could tell you which way we will be trading, but just play the support and resistance , and trade level to level.

Cogg Updated  May 2, 2022

Currently trading at the bottom of the range, made a new 2022 low today. Clear RSI bullish divergence into support - expecting a relief rally to at-least mid range. Further out - I'm expecting ES1! to continue making lower lows once the channel is broken. Expect high volatility into each fed meeting, we know what kind of environment we are trading, make your...

Cogg Updated  May 2, 2022

15 Min descending triangle forming, RSI Bullish divergence at support. Look for longs to next clear resistance level if follow through happens with bullish divergence.

Cogg Apr 28, 2022

Spy ranges - 15 min 5 min chart showing bearish divergence with RSI indicator, watch for deviations

Cogg Updated  Mar 10, 2022

Crude oil reaching the top of the trend channel with overbought readings on the RSI momentum indicator. RSI reading overbought at 72. Look for support at the mid channel support line (80-82 levels) and the lower level channel support line (72-74 levels).

Cogg Feb 7, 2022

BTC broke out from its downtrend resistance line 02/04/2022 and will have sustained a breakout for 3 consecutive closes as of today. We have support at the 40700 level, and resistance at 47000. A pull back to support would be healthy for this breakout as we are reaching very over bought levels on the RSI momentum indicator. If the 47000 level is broke, look...

Cogg Feb 4, 2022

BTC broke above the downtrend resistance line with high volume today. RSI overbought, expect a pull back and look for lower highs, and higher highs on the price action. Horizontal resistance at 39520, 41250, 42000, and 43580. If we see more selling off of the SPX expect more downside on BTC.

Cogg Feb 3, 2022

SPX nearing downtrend resistance line, expect a reversal off of it as we are nearing an over bought level on the RSI. Facebook came out with lower earnings then what was estimated, wall street did not like this which resulted in a reversal in tech. Support at the 200 Day Moving average, and at the 4285 level.

Cogg Updated  Feb 2, 2022

Short Trade set up following increased volatility during stock market correction. Expect further volatility surrounding the FOMC meeting tomorrow @ 2:00 EST HUV.TO - BetaPro S&P 500 VIX ShortTerm Futures ETF Entry - 10.85 Exit Target - 9.00 - 8.55 These are my entry and exit points, view the chart and come up with your own conclusion. The information...

Cogg Feb 2, 2022

SPX 4 Hour chart Broke out of a symmetrical triangle pattern. Clean break out of the 200 day MA resistance. For resistance continuing forward, watch for the trend channel, and the light grey down trend line. A retest of the 200 Day MA as support could still be in play if the SPX cannot break through resistance.

Cogg Jan 30, 2022

Hourly chart forming a symmetrical triangle pattern. Rejected 200 day MA - 01 /26/2022. Break out of the upper trend line, currently retesting the 200 day MA resistance. A break through the 200 day MA would be bullish - Close on Monday will determine this. The perfect scenario would be a clean break through of the 200 Day MA, following a retest of it as...

Cogg Jan 29, 2022

Hourly chart forming a symmetrical triangle pattern. Rejected 200 day MA - 01/26/2022. Broke through triangle pattern, currently retesting the 200 day MA resistance. A break through the 200 day MA would be bullish - Close on Monday will determine this . The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a...

Cogg Updated  Jan 26, 2022

ETH breaking out to the upside from a triangle pattern after a false breakdown. Price vs RSI divergence before breakout to the upside. Expect volatility today, many eyes on the FOMC meeting @ 14:00.

Cogg Jan 24, 2022

SPX found ground at 4231 Support. A beautiful hammer candlestick showed up on the daily chart today. A hammer candlestick indicates a potential price reversal to the upside. The price must start moving up following the hammer; this would confirm the reversal. RSI extremely oversold at 20. The Federal Reserves FOMC meeting tomorrow , and Wednesday should help...

Cogg Updated  Jan 24, 2022

SPX broke below channel support and tested horizonal support of 4511 and failed to hold. Late in the trading hours Friday , the SPX sold off and ended up closing below the 200 day moving average. The last time the SPX closed below the 200DMA was June 26th, 2020. The next level of support the SPX will test will be 4284. A false breakdown is still in play for...