QQQ is sitting a Key FIb level still, despite the buying today. QQQ has made local highs, but still sits below its most recent trend line. Buying is nothing like it was when QQQ was at 290/295. I think we will float around this fib level for a while until rates and banks settle down, then we head higher on lower rates, or lower on higher rates. Higher on QE and...
TLT Volume spikes prior to peak, when the fed first started raising rates. Now a volume peak right when the fed has said they will consider a pause for the next meeting. This could mean that the market thinks that rates are going to come down, and that therefore the value of long term bond assets will go up, as well as the value of banking stocks which are...
VIX. Swing Trade. Careful not to get too big early and get volitlity crushed as the market picks a direction over the next days and coming weeks. MAC D Crossing. High Volume at Bottoms. VIXJ2023. $VIX $UVXY $ SVIX
TBT, the short TLT 20 year bond ticker looks neutral in the short term and bullish in the longer term. High volume breakout of descending pattern down, and now a bull flag set up. A high volume spike and a stopping bar down has preceded a move up twice over the the last year. This is speculation over higher rates in the general market and from the fed, which...
TLT high volume spike, after short term bullish run. Declining rate on the us treasury bonds in the broader market have given the 20 year TLT bond fund a boost over the last week. As the rates have been declining on the anticipation of a fed funds pause, the value of long term bonds has been increasing, or moreover moving up for the unrealized loss positions...
TSLA Testing .5 fib level. Increased institutional ownership after dip. Likely to range between 220 and 169.
Declining Volume. Post Descending Expanding Wedge. Due for a potential Retest Back down
QQQ is making local highs, but the RSI is still relatively low. This looks like a bearish divergence to me.
$AMC this baby hasn't had this kind of volume since last summer. spring is here. recession is here. potential squeezer. Market is very volatile right now. If the QQQ is up, this is a favorable trade in my option. If it is not, this trade remains a short for me. QQQ has a lot of room to go down right now march 3/23 at night. If AMC doesnt break down, consider...