Mikel618

Mikel618

This is my goto setup for short or long. This just happens to have set up for gold short starting next week. 4 prerequisites: short moving average crosses below long moving average, price falls and then recovers to touch the slower moving average, price closes below the body of the previous candle, then hopefully prices pulls back again to allow one to get a...

Mikel618

Time to buy TSLA for crossover strategy with pull back.

Mikel618 Updated 

With the intersection of trend lines, often see a peak hi/low.

Mikel618

Gee this looks familiar. Last time $VIX cooled its heels, popped and retraced back to 24% it shot up quite high.

Mikel618

Just love the symmetry of the chart, nothing more.

Mikel618 Updated 

Bullish crossover - check Pull back to slow EMA - check Waiting for candle to close above previous body, then pull back into range of previous candle for better price, then OTM calls with expiration 1-2 weeks out.

Mikel618 Updated 

It couldn't be that easy could it?

Mikel618

Seasonal decline highly probable. In last 10 years has closed December higher than open only once.

Mikel618

Topped out in range but given that gap up this past June above the regression channel, I would wait for at least 1 more gap up above the top of range.

Mikel618

Anticipate that market will continue down or sideways into election, then back up toward top of regression channel.

Mikel618 Updated 

Pennant showing on Chinese finance company XRF with long term rising support. I first thought this might break out to the upside, but that resistance line goes back all the way to their 1st month on American exchange in May, '17. After seeing that, I think there is a greater probability that this will break to the downside.