ReadyFor401k

ReadyFor401k

With SPY rejecting off the July ’24 and August ’24 resistance zone, combined with low volume into the close, we need to assess the technical setup, economic landscape, market psychology, and potential institutional strategies to predict where SPY may move next. ⸻ 1️⃣ Technical Analysis – Recent Price Action & Key Levels 📌 Friday’s Price Action & Rejection at...

ReadyFor401k

SMH (VanEck Semiconductor ETF) Analysis & Prediction (March 14, 2025) ⸻ 1. Key Observations from the Chart ✅ Major Trendline Break • SMH has broken below its long-term rising trendline (yellow), indicating a shift from a bullish trend to a corrective phase. • The last time a similar break happened, a deeper correction followed before stabilizing. ✅ Key...

ReadyFor401k

1. Historical Pattern Repeating? ✅ Symmetry Between 2021-2022 & 2024-2025 • Both price structures show an initial sharp rally, followed by a head-and-shoulders-type decline, then an extended bearish wave lower. • In 2022, IWM broke its long-term trendline (yellow) and crashed into a lower range. • Now in 2025, IWM is showing the same breakdown pattern below...

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SMCI Daily Chart Analysis & Prediction (March 14, 2025) 1. Key Observations from the Chart: • Recent Bounce Off Support: SMCI has rebounded from a key support level around $30.30 and is attempting to hold above its ascending channel. • Major Support & Resistance Levels Identified: • Resistance Levels: • $39.84 – Immediate resistance; must break for upside...

ReadyFor401k

QQQ Daily Chart Analysis & Prediction (March 14, 2025) 1. Key Observations from the Chart: • Recent Selloff: QQQ has been in a strong downward move, breaking below previous support around $470.35 and testing a key support zone. • Major Support & Resistance Levels Identified: • Resistance Levels: • $470.35 – Previous strong support, now acting as...

ReadyFor401k

1. Key Observations from the Chart: • Recent Selloff: TSLA has seen a significant decline from its recent high near $480 and is currently testing key support zones. • Major Support & Resistance Levels Identified: • Resistance Levels: • $256.75 – Previously strong support, now acting as resistance. • $290.07 – Another key resistance level (previous...

ReadyFor401k

Key Observations: 1. Significant Downtrend: • The recent price action shows a notable decline from its highs, suggesting strong selling pressure. • The price has fallen to a major support zone around $551.42, close to a longer-term uptrend line (green line). 2. Support & Resistance Levels: • $563.91 – A previous support level turned resistance after...

19:52

ReadyFor401k

This movement we saw going in to Memorial Day Weekend doesn't give me confidence in the market reversing out of this corrective movement. There are many factors that make me think this is just a breather before we see more down trend. I will need to see more levels shattered before I see a clear uptrend. For now, I'm just playing the directional momentum, and...

10:24

ReadyFor401k

Taking a look at where Bitcoin is and what the possibilities are. I don't personal feel like we're out of the woods yet. Looking at the trend from a bigger picture, we are on a clear downtrend. I'm waiting to see if Bitcoin does breakdown further to the .382 and .5 levels on the Fib Retracement. As I mentioned, this could be the first real Recession that the...

04:40

ReadyFor401k

Keeping an eye on FCX for the completion of a cup and handle formation breakout. This is a great long-term investment as well, that pays a dividend.

ReadyFor401k

Looking at the trend of TSLA, it appears to be working out a long over due pullback. With insane uptrend, this really is necessary in order to continue sustained uptrend. As for now, it does appear to have the potential to drop below $900....or at least fill the gap at $910. Keeping this on my radar to find an area of support for adding more.

ReadyFor401k

In these we have Strangles and Iron Condors setup so we're monitoring to make sure these stay in the middle of the range. If they breach, we can adjust. All of these trades expire Nov 19th. $UNG $IWM $CTRA $IFRM

10:09

ReadyFor401k

Wanted to get a quick technical analysis out on what I'm seeing with SPY. Signs are telling me the downtrend isn't done yet. This could possibly just be a retracement from the downtrend, or as you see me refer to it as a "dead cat bounce". I'll be watching it closely to make sure I capture the right call for those looking to hedge.

ReadyFor401k

This isn't something I support doing, because this really is more gambling than anything. With that being said, I don't have a problem with a potential 1600% gain in 3 weeks to break the top of the Andrew's PF. Just sayin. This is neither investment or financial advice....but you have a better chance of going to the moon with this, than you do with AMC and GME. LOL!

08:42

ReadyFor401k

Quick technical analysis on Rush Enterprises. This is a consumer cyclical trucking dealership. They are very dominant in this market space and currently in the process of acquiring 30 more locations. This is a good long-term portfolio addition. Because of the acquisitions coming in play, this could also lead to a quick short term profit as well for the swing...

04:10

ReadyFor401k

Quick technical analysis to I'm sure people aren't just jumping in because price is moving out. You would want to look for other confirmations before jumping in at this point. Price still does have the potential to go down. So take advantage of the time to observe the price movement over the next couple trading days. I would like to see price get back above the...

08:03

ReadyFor401k

Looking at ETHUSDT and TOTAL. The patterns are telling me that the Crypto market is going to go in to a Bearish trend or sideways consolidation period through the rest of the year, if not longer. I am definitely a believer in crypto currency, but for me, now isn't the time to buy...in my opinion. I'm going to keep an eye out for opportunities, but not going heavy....

07:18

ReadyFor401k

Quick TA on BTCUSDT. Price needs to break above key levels before I'm bullish on it again. Looking at the bigger picture on the weekly chart. This recent run up was just part of the bigger flag formation. If price stays in this pattern, it could be late 2022 before we see the next rip up. If price breaks the pattern sooner....we would want to see it happen VERY...