If closes over ~4.93 resistance we'll have a breakout that suggests it'll run to 6.10-6.30 area. Has peaked first week of November the past two years $UNG $BOIL $KOLD #NatGas #OOTT #Commodities #Trading
Interesting look where bearish divergence could imply we peak seasonally a month earlier than the previous 2 years 🤔 $UNG $BOIL $KOLD #NatGas #OOTT #Commodities #Trading
Macro picture its a bullish setup unless proven otherwise on a ~210 support (200dma) break. > 235 confirms breakout $RTY_F $AMC $CROX $SPY $ES_F $QQQ $NQ_F $VIX $TLT $TNX $DXY #Stocks #Trading
Rejected key trendline for the 4th time $VXX $UVXY $SVXY $VX_F $SPY $SPX $ES_F #Trading #Stocks #Volatility 💥
𝗗𝗼𝗹𝗹𝗮𝗿 𝗨𝗽𝗱𝗮𝘁𝗲: $DXY Daily. Large cup and handle pattern that targets ~97 if breaks out. Golden cross recently as well $UUP $EURUSD $USDJPY $EEM $GLD $BTC $TNX $TLT $SPY $QQQ #ElliottWave #Trading #Currencies 💱
~25% later and appears to be consolidating for a test of trendlines above. Could lead $NQ_F out of its triangle on the hourly $QQQ $NDX $MSFT $AMZN $GOOG $FB $SPY $ES_F $VIX $TNX #Trading #ElliotWave #Stocks 📈
Bullish divergence at bottom of channel. Possible run to start on false #DeltaVariant fears? $TRAN $IYT $JETS $AAL $UAL $DAL $LUV $FDX $EXPE $BA $SPY $ES_F $VIX $DIA $DJI #Stocks #Transports 🛫
Resistance ~99 and 200ema holding. Possible 5-wave structure ended w/ divergence. Peak $CL_F seasonality passed too $DRIP $GUSH $XOM $CVX $XLE $CL_F $USO $SCO $NG_F $UNG #ElliottWave #CrudeOil #OOTT 🛢️
𝗕𝗼𝗻𝗱𝘀 𝗨𝗽𝗱𝗮𝘁𝗲: $TLT Daily. Based at 135 support area and now testing 200dma. Above can go higher, but bearish divergence ⚠️ so could top $TNX $ZB_F $ZN_F $SPY $SPX $ES_F $VIX $QQQ $NDX $NQ_F $GLD $GDX $DXY #Bonds #Stocks #Trading
Death cross looks imminent and has a 🐻 flag look. As long as under $42K, risk to low $20K area still on the table $ETH $LTC $DOGE $DXY $GLD $TLT $TNX $PYPL $SQ $TLSA $MSTR #Trading #Crypto #Bitcoin
As long as over 21-22 area (previous resistance) has a shot at making a move towards 30 and this is a name that’s gone crazy in the past. Featured chart from guruhaven.com $MJ $CGC $ACB $AMC $GME #PotStocks #MemeStock #Stocks 📈
The Wave 3 we called for certainly did begin earlier this year and it looks like we're in the last push higher 📈 ... $XLE following $DRIP $GUSH $XOM $CVX $CL_F $USO $NG_F $UNG $BOIL #Trading #ElliottWave #CrudeOil #OOTT 🛢️
Chart was very technical on the way up with flags. Looks like a domed top breakdown, which we watched backtest last week. Potential regime change in near-term $GDX $GDXJ $GLD $SLV $ETH $DOGE $TSLA $MSTR #Gold #Crypto #Trading 📈
𝗘-𝗠𝗶𝗻𝗶 𝗨𝗽𝗱𝗮𝘁𝗲: $ES_F Daily. Dragged down by $NQ_F again. 4110s key support area to put a lid on correction. Sentiment reset especially in tech $SPY $SPX $VIX $QQQ $NDX $NQ_F $TLT $TNX $GLD $DXY #ElliottWave #Stocks #Trading 📈
Large pennant has formed (similar to $FB pre-breakout). As long as 500 holds could see a test of the 560-70 area and above that would target 660-670 $NQ_F $NDX $QQQ $SPY $VIX #Netflix #Stocks
All the way back down to blue TL. Could we see a reaction and get a #bond bounce? $TNX $ZN_F $GLD $GC_F $GDX $DXY $SPY $SPX $ES_F $VIX $QQQ $NQ_F $DIA #Trading #Stocks #StockMarket 📈
Has been in this channel for sometime now. Tested key level in 31s and blue TL. Over 35-36 and we could see a pop into the 40s $GDXJ $GLD $SLV $GC_F $SI_F $NUGT $DUST $DXY #Trading
Has developed into a massive C&H ... wow 👀 ... keep your eyes on this one folks $FCX $AKS $MP $HG_F $CL_F $SPY $SPX $ES_F $TNX $TLT $ZB_F $ZN_F #Economy #Commodities #Inflation