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Not only will people be repositioning for the "Santa rally", but tech earnings will create a lot of distrust in the "big 7". These stocks are single handedly holding this market up, it will take the slightest news to make the first domino fall. The second we get confirmation, play it long. Remember, the market has its ways to do the opposite of what everyone is...

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All hypotheticals, something to ponder on. I like to use the 2 day time frame when looking at moving averages because they uniformly react to them much cleaner and more predictable then shorter/longer term time frames. Not only is Elon under fire from wall street and investment groups like no other period in time, his own board of directors are trying to boot...

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This set up at the bottom of the channel is a golden position. The final gap down with a bull flag following is something to watch. Waiting for this to either gap up or form more bullish divergence. Target is the upper end of the channel, taking profits at 20%-30%.

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IWM saw a very strong bounce with triple positive divergence. After a very unhealthy rally in the last couple of weeks, we have seen IWM struggle to go green on the daily. With the RSI extended like this we could tap the trend line one last time before the Fed pivots and we rally into 2024. Then Crash. IWM is a great representative of the true economy rather...

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Walgreens will pop to take profit line due to IWM and small caps going up. It focuses on its health and wellness, pharmacy and seasonal flus to get revenue. This will pop...

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Reverse head and shoulders. Be very careful, high risk.

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I have been wrong about the communication sector for the last couple of months and I truly know that I should throw in the towel. But, I know that as sson as you feel like giving up on your bias, it begins to turn into truth... I am still bearish on this short term and I think tech will feel the true damage of higher for longer ;)

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On the basic technicals like negative divergence in the RSI's, the entire 2023 run is a bear flag in my opinion...

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I have been watching all EV makers closely and this hard gap down after weeks of downside makes me believe there is a short term bottom with these big names. I think all of other tech stocks will fall come Wednesday and EV makers will continue to climb higher against the market.

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I have been in long puts since mid December and I regret entering to soon. Still holding as the bearish divergence has continued to form. The rotation into other sectors is still happening. Mark himself has been selling 16 Million dollars worth of his stock EVERYDAY since November. Why is no one talking about this? Oh, because everything will continue to go up...

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I know nothing about the company other then it is a very over sold EV maker that was about to fail and still might. Purely based on technicals and volume, this could blast through the low volume gap and produce an easy %100 on share price. Its risky, keep a tight stop and only swing it long if you do options. Not financial advise.

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As we are coming out of a constructed bearish outlook of 2024, I think we may be sold a "all time highs" dream once more. Meta will partake in this rally but once reached the top jaw..... we will begin to chomp down. I was so bored I decided to make this lowkey.

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Green = Support Yellow = First Take Profit Red = Final Take Profit I am trying to simplify this as much as possible. In larger time frames we see a rare volume spike that we typically only see near strong bottoms. Plus, multiple points of bullish divergences have occurred. We can see a little more selling to the down side and still rally after.

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Just look at IWM, wait for a pull back and enter...

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There is no better setup when the Russel is in a clear bull trend and this stock has not popped yet.

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see my two outcomes above. I think there are to many retail traders buying puts right now. What are your thought?

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Do your own DD. Take profit is marked and it will be followed. If it is crossed through with a strong candle I will get back in. If this flips bearish we can go much lower, set a tight stop loss. Sleep well yawl.

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With tech earnings coming around the corner, I am interested to see if google and Microsoft can prove my theory right of weaker earnings for all tech companies. They are to separated from the rest of the market. Lets see where we go boys!