RLB512

RLB512

We are starting a pattern of an island bottom. (Patterns are probabilities until proven correct) As of now we are holding a bullish monthly rsi divergence. Also showing bullish divergences on daily weekly and shorter time frames. The Oi for 9/15 is also loaded. The TA is pointing to PFE brewing something in the pipe line. I would suspect some kind of bullish...

RLB512

Calculated implied range for FOMC today. With vix being under $15 we normally don’t see the extreme range but anything is possible. The implied extreme range is $130.77, we could drop $40 from yesterday’s close and the close the day up $90 for example. The standard range is $90.25 and I would expect to see all of that move. Rule of thumb is the first volatile...

RLB512

Bull flag with a mega phone and FOMC Wednesday. This would be best case bullish scenario.

RLB512

Showing some major bearish signals recently. January it made a bullish rsi divergence on the monthly chart. July is setting up for the bearish monthly divergence and it could be the perfect storm with the gaps below. $180 is the anchored vwap from January but the giant head and shoulders on the monthly chart neck line is lower.

RLB512

Watching to see if the third time is the same. Dxy has respected the megaphone and has given spx plenty of fuel to get back to 4500. SPX bull flag projected target lands around $4668.79 that would clear the high of march 2022. A break of $96.72 should be confirmation that SPX will near the ATH if not surpass. DXY has had two consecutive 553 day down trends and if...

RLB512

Would love the opportunity to buy aapl for <$100 GAP FILLLLLLAAAAAAAAA

RLB512

We will see if the pennant fails and the right shoulder holds. With FOMC coming up soon some volatility wouldn’t surprise me. Sentiment is also so bullish its about time the flip the switch. Let the chart show you the plan and give you the trades no need to force.

RLB512

Daily chart of AAPL with parallel channels. Example of half way gap and exhaustion gaps. We shall see how it plays out only time will tell. No need to predict it, react and trade it.

RLB512

Channel from the high and the low in a downward angle, currently we are in a uptrend. Ultimately I personally think if we hold vwap (purple line) we mayonnaise test the top of the channel. If we loose vwap things could get ugly. Majority of the technicals look good but any economic data or news that’s is bad could change everything in a matter of minutes. Play...

RLB512

SPX confirmed monthly bearish divergence for February. The last monthly divergence we had was in October and it was a bullish divergence that gave us a 588.5 point run up. VIX also confirmed the monthly bullish divergence for February. The green is the bullish and red dot is the bearish. Best of luck don’t throw darts just play the chart.

RLB512

We are coming to a cross road of reality here soon. the chart is showing some long term signs that aren’t looking good at the moment.

RLB512

Could be making a megaphone for santas rally. Would need to break the median $21ish area to continue down and fill the gap. It made a lower price from the area it broke out of the recent down trend. Breaking $21 would be confirmation of a Re-test of the down trend line. If the median holds i would suspect VIX to continue upwards and make a higher high taking the...

RLB512

Bearish divergence in August and Bullish divergence in October.

RLB512

Vix is giving a Bullish RSI signal on the daily chart. (A Bullish RSI Divergence is a lower price and a higher RSI value.) The previous low was $22.37 and the RSI value was 30.58, today the low was $22.30 with an RSI value of 33.99. The median RSI value for this years VIX bottoms is 37.33.

RLB512

Candles from august copied and pasted to today would put us at $300.(12/28/22) Do i think this is possible, yes but highly unlikely to play out like this. Just a projection of what could come before EOY.

RLB512

Dixie Rocket to moon to the moon with elon driving. jeff amazon paid for mission control. david bowie out

RLB512

I have over laid SPY and VIX on the 1 day chart. When we see a spike in Vix the market becomes destructive. While VIX continues to settle back down the market becomes constructive. Once that downward trend is broken on VIX we start accumulation in a sense until VIX starts to rise again then distribution starts.(SPY goes down). Basically Rising VIX = Falling SPY...

RLB512

Possible diamond formation. I’ll be looking for bearish indicators to confirm.