Sawyer170

Sawyer170 Updated 

The Dow Jones already has a golden cross on the daily thr nasdaq does not and the s&p is on the verge of forming one any day now literlly within a few days if they are still green ones. It's also at the level of resistance where it has always reversed from before. Will we finally break through it this time with a 90%+ chance of a .25 low rate hike? Or will it be...

Sawyer170 Updated 

Symmetrical continuation triangle. Would be signaling an extended run up. This would likely play out with positve reaction from the fed rate hike tomorrow along with big tech earnings being positive like the fang stocks and apple reporting this week. It looks like a bunch of bullish things could be set up to happen nicely. Although!! The market tends to do the...

Sawyer170 Updated 

After today's trading day, I saw that we broke the most recent support level, leaving the bottom or June lows support level the next up line. This dosent mean that we have to test it, but I have had a strong feeling that the SPY was inevitably going down to this area. And I thought this because I've been paying close attention to the movements of the SPY in...

Sawyer170 Updated 

When you cross up the 70 on RSI it's signaling overbought and when you cross below 30 it's signaling oversold. These are very reliable indicators on Stock and crypto movement as far as pullbacks and run ups. If you look at June when the rally started on the SPY the RSI crossed below 30 just as the indicators would be telling us the market was oversold and the...

Sawyer170

Be cautious ⚠️ this will almost certainly fall along aide the major stock indecies which are looking ready to tip over any day now...

Sawyer170 Updated 

Bullish formation of a symmetrical continuation triangle being formed very nicely with the double bottom inside the triangle. Everything about it is set up as it should be to project further upside. Yhe ADX was strong above 25 as the price was rising confirming strength in the trend and it has dramatically lowered as the price lowered signaling weakness in the...

Sawyer170

Possible that their will now be a significant pullback, that would be setting up the real big rally where everyone would have an opportunity to get in at the lows and drive it up high.

Sawyer170

Looks like bullishness going into big tech earnings. With big tech reporting positive results we could have a good chance at sustaining this rally to further upside.

Sawyer170

Will it last with all the fundamental news going on?

Sawyer170

I could be losing my mind here but I see a pattern of bullish triangles

Sawyer170

Giant double bottom with a bullish symmetrical continuation triangle forming at the end which can clearly be seen on the 4 hour chart. This is the daily chart. If the VIX makes its way up to form the neckline of this double bottom then we are no where remotely close to the end of this bear market : ( let's hope not.

Sawyer170

Drew a Bullish Symmetrical Continuation Triangle. You can see a Double Bottom being formed within the Triangle which is how they are made. The relative strength does match. A rising VIX means a lowering stock market. The DXY is rising as well which rises with the VIX as stocks lower.

Sawyer170

Focusing on the current trend, I drew a bullish symmetrical continuation triangle. Highlighted at the end in red you can see a bullish double bottom being formed pretty nicley. This is on the daily chart. The longer the time the more probable the outcome of the indicators are. Although we all know many factors are driving today's market such as many fundamental...

Sawyer170

Get in on the lows when the pullback happens to form the infamous double bottom formation that occurs 90% of the time before a significant run up.

Sawyer170

Symmetrical bearish triangle leading to one more drop down to form a low within the triangle, to then complete the process of rallying up. Also a double bottom is formed this way to further back the Bullish outcome. If this does happen take it as an opportunity to get in at lows.

Sawyer170

Looks like it's headed downward short term for a couple days or so. Or maybe not because with huge companies reporting like Tesla could swing the market up with a good report or Apple coming soon and others. So I'm very confused right now about what happens when it's naturally suppose to come down but fundamentals could keep it up what will happen.. will it just...

Sawyer170

With a different view of the s&p daily chart I just realized how stretched out it appears opposed to sharp up and downs.. while normally focused on patterns dosent let you see the chart this way. What if the outcome instead of a sharp rally up turns into a more sideways graduall rise to a recovery instead of a v shape recovery? What if we never get to hear all the...

Sawyer170

With double top? These are 2 Bearish signals. I'm nervous about them being true and leading the spy to a significant sell off. If so hopefully its not big and rebounds quickly. I know soon enough it most likely needs to make a new low before being able to make a new higher high but I assumed that would be in early February like after apple earnings for example if...