axelroark

axelroark

If 2018 is to be our guide, Vix creates a lower high, then drops into nothingness. I believe today's 3% down day (indices) completed that pattern, and now we are set to begin ascent to $SPX ATH's.

axelroark

Initial 2018 move off the high was 29% of the up move. $SPX now 26% down of move from Dec 18 lows. Allows for 32 points lower (3080 or so) before rally to fib 618.

axelroark

Needs to unwind after an excessively bullish week + shooting star daily. Target would be a backtest of the breakout 142-144.

axelroark

Looks to me like a >= 2 month consolidation, breakout, back test. Range suggests a 4.25% move ⬆️ Based on Fri close, that puts $ES_F at 3532. More confluence on possible 3555 target.

axelroark

$LUV weekly An old chart from 2019. Seriously? A year long c&h breakout pattern? This will get juicy and likely timed with bullish $BA news. New ATH's likely. Gorgeous.

axelroark

Suggests several new $SPX ATH's before any major correction could occur.

axelroark

Chart says it all.

axelroark

It's possible. Here's the TA to prove it. This will end up just like Tesla did, but it'll make a lot of people a lot of money.

axelroark

Fairly standard setup. Name that is often overlooked and therefore less prone to manipulation. T1: 19 T2: 20's

axelroark

Amazon has triggered a sell signal for me. Targets listed on the chart.

axelroark

The Dow $YM, $YM_F broke and closed below support. Fib levels spot on. Red/Green lines did not trigger near close.

axelroark

And that would be just the beginning. Chart says it all.

axelroark

The chart says it all. Has been a model for the past several weeks and working perfectly according to fib levels and technicals drawn: 1. Megaphone 2. Head and Shoulders Breakdown 3. Bear Wedge Suggests Termination at 3300

axelroark

Bearish divergence. Trend lines well established. Look for a 5-20% move from current price.

axelroark

$AAPL weekly RSI has not been this high since it was <= $6/share. Not ready to short. May hit 384 first. Wait for lower RSI high then go all in.

axelroark Updated 

Decent chance to achieve 155, but I'd be cautious thereafter due to divergent highs. If this "bull flag" breaks down, it becomes a short entry. Use that flag lower bound as your stop.

axelroark

This is an illustration of possibility more than a trading idea, but this is a popular name that I think could defy all odds (and gravity).

axelroark

$SHAK Wild chart. Died at resistance today, but looks like it may be ready for another push. T1 -> 76 T2 -> ATH? Failure here is short to 40.