Trade_Integrity

Trade_Integrity Updated 

9 week accumulation with range expansion this week. There's also a larger 13 month accumulation suggesting a move to about 507 by March 2023 if we get a breakout signal which looks like it could be this month.

Trade_Integrity

No breakout signal yet, just an accumulation around $863ish level. Also a daily candle accumulation slightly lower around $855. Looking for a range expansion on the weekly chart downwards to signal a breakout.

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6 week accumulation and a large range expansion last week, 23.98% drop anticipated based on the range withing the accumulation. I bought $31 strike puts, apr 8 expiration.

Trade_Integrity Updated 

No breakout here but something to monitor, weekly and monthly charts accumulating with potential breakouts coming. Watch for range expansions next week and also in March on the monthly chart.

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Monthly and weekly modes indicating similar targets. Obviously Russian uncertainty is a big driver of this move.

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11 month accumulation with a big range expansion in Feb. There is the possibility to expect a second level target here which would bring the price target to around $204. I'll wait till the end of Feb before entering to await confirmation of a breakout. As long as the price stays above ~173.80 we will have a confirmed breakout. Closing for the month above $173.80...

Trade_Integrity

11 month accumulation with a large range expansion away from the mode. My strategy to trade this was jan 2023 $285 calls for the lower premium. ATM calls are also a good strategy at a significantly higher premium so it depends on your portfolio size and the position size you're aiming for. For options I choose to never exceed 5% portfolio size per trade and I set...

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GME range expansion today after a 9 bar consolidation. 15% more rally estimated based on the mode. Previous mode was accurate. Bought ATM Feb 18 calls for $10.00

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8 months accumulation at $253, followed by a big break out to the downside in Jan. Look for $130 by Jun/July based on the range during the accumulation.

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S&P posts 2 consecutive five bar periods of new lows and no new highs. This hasn't happened since March 2020 right before the Covid Crash. What to do : Right now monitor. Downtrend confirmation DOES NOT mean short. Watch for a consolidation followed by a range expansion below the mode to confirm breakout. Note: Both these downtrend confirmations brought the...

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Daily candle RSI highest its been since Jan 2018. Not a full analysis, just a warning signal.

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12 weekly candle consolidation, looks like we will have breakout confirmation at the end of this week unless the price drops about $18 per share. $30 per share move suggested by early July.

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After 12 weeks of consolidation BAC broke out last week. Suggested increase of 13.4% or around a $4.00 move. Two things to keep in mind are: 1. The resistance that will be met at 33.05, the highest price since 2009 2. One week didn't touch the mode, usually I don't chart a consolidation unless every candle in the consolidation touches. This was otherwise a...

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SPY reached the resistance level and top of the left shoulder in a head and shoulders pattern (286.69). Also coinciding with this on the weekly candle the stochastics have signalled sell. Been waiting for this signal, bought 287 puts this morning when the price was at 287.07.

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The other day when I posted my SPY chart this is what should have posted. I guess the window I had opened that I hit publish on didn't have the finished chart. This is the rest of the points that were supposed to be included

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Interesting pattern in SPY forming. Similar idea as my last post just a bit more historical detail. Dotted forecast line is hypothetical based purely on the percentage drop below the 200EMA relative to how much it was above the 200 at the top in Oct 2008. SPY approached the resistance level I suggested and pulled back yesterday after to coming to within 1 dollar....

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Strong resistance if we go as high as 279. I don't think we will get that far past the 200EMA though. Either way it looks like a head and shoulders setting up. On the monthly candle we have a consolidation forming which if it broke out would indicate a 20.26% Drop by august. The red trend line is a similar pattern I called in November. I never posted it here...

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USD and Gold prices are usually inversely correlated which was the case up until around sept 17th when they started to both go up together. Daily candles indicate gold has good momentum but the dollar is set up for a reversal. Silver prices are typically directly correlated to gold and they are both moving together as you would expect. The dollar is the one...