On the 1 min chart there is a gap from 9/27/24 at the 572.99 level show at 11:48am. If you zoom out on a weekly it looks like a head and shoulders pattern is forming. Ideally I would like to wait for the gap fill to happen next week and enter into SPY 573 PUTS 3 weeks out. Oct tends to be a bearish month. LEts see how this works out.
The chart is showing a green line where there was a gap up on the SPY 1 min chart. Looking for puts to fill this in the next 2 days.
I have been tracking TSLA and notice the 195 min chart seems to show more than the daily for the next moves. Today it made a higher high to 198.60 and then I notice if I use Heikin Ashi and traditional candle sticks it shows better patterns. I see a grave stone doji that needs to close 194.86 or lower on the half day. If this comes true and lowes below 194.86 we...
Looking at the half day 195 min chart is showing a long wick gravestone doji. This candle is usually followed by a strong reversal to the downside. I purchased 192.50 June puts that are currently up 30% This could retrace down to the $163 level.
5/11/23 Yesterday showed a high of $414.54 and the day below had a high of $412.09. Today the high is currently $412.09 I have added to my $412.50 Puts that expire tomorrow and now have 25 puts. This could retest the weeks low of $408.87. Today I think it's possible for a close below $410 if it doesn't make a new high. Lets watch and see. Please lmmk your...
Looking at the TSLA 195min chart (half day) is showing the head at $165.49, which isn't making the $165.97 higher high. Should has peaked on $165 and retesting now 3 times has it rejected breaking out. I currently have 70 weekly $165 puts and exacting a retest to the downside of $158 to the low retest of $152.37. If this breaks I am lowing for the gap to fill...
195 min chart is showing a head with a high of $211.23 and shoulders each with an identical high of 209.40. Break of the 204 level should retest the 200 level. This is the second day that the 209.44 previous high has been tested and rejected but still holding trend. ***I am in 205 puts ***
I have been testing this theory with my friends about a crossing of patterns that signal a trend reversal days or weeks before. Tomorrow on the half-day chart is showing a reversal around 12:45 pm during the trading session. I think the Market is overbought and the dollar just hit a support zone. There could be continuation tomorrow but I think over 5% on the...
FACTS TSLA closed at that 207 level The dollar is down 2 finished red UVXY finished red TTM Squeeze if now flat I was seeing the iv h&s too. I liked that it closed above 207.