cerealindicator

cerealindicator

this hourly chart on gamestop shows bull exhaustion and a potential temporary top due to the amount and quickness of consolidation intraday. this stock is down from its highs in a market environment with sudden scarcity of bull trends after the recent break to all time highs in spx. with the market pulling back i expect this stock to continue to pull back although...

cerealindicator

not everyone can be a winner in the bitcoin bull market. this miner is experiencing a clear uptrend due to higher crypto value. since noon btct has struck an equillibrium with 15 minute higher lows and lower highs. i expect this to break and into the upper $13s if above pivot, or lower $11s if below. daily i expect this stock to turn around back to bear again,...

cerealindicator

the quarterly chart in logarithmic price shows the cyclical arrangement of bull market breaks to new all time highs on the curve. the current bull market has the typical shape of each other breakout in the time cycles along a logarithmic pattern. shown are the logarithmic trend max and channel. this indicates a move inside the curve. during these periods btcusd...

cerealindicator

its been 756 days since the bottom in the s&p500. the weekly is on an extended bull run to the 6000 region. last week has been the biggest drop in volatility in this trend. large risk on weeks come with pullbacks, but this week hasnt bearishly diverged from the trend yet. fib time zone tells us the trend hasnt reached a local maximum yet. the general trend hasnt...

cerealindicator

this isnt the strongest pattern for vull continuation, but if it does follow through i expect well see $25 soon. if we dont continue the pattern ill look for a pullback to the $21 region. the stock seems like it is ready to make larger swings now that its held some form of a daily to weekly uptrend. were still battlign a bear trendline of resistance since the last...

cerealindicator

whether its psychological resistance, ovextention of distribution or availability, or volatility from profit taking, the rejection at #1 has led to a sizeable pullback on the 1 hr chart. if we dont break through this high bulls will look to confirm a higher daily low and try again at $1. i think its clear this stock will remain under $1, even if it goes to $2...

cerealindicator

most analysts i pay attention to dont try to put an exact top on moves like this. the reason being trend based indications dont work when there is a one sided trade. going above 6000 seems likely, but where it will go in the interim isnt clear. it doesnt need to be clear for maintanance on remaining long with the trend. ive marked out the support and resistance in...

cerealindicator

this daily top gainer has broken its 15 minute parabolic uptrend, and is under vwap headed toward VAH and former support or trendline. theres somewhat of a head and shoulders pattern developing, and the past 20 minutes have been bearish.

cerealindicator

this stock has trended down since its gap up every 15 minute lower high, and created an upturn into mid day. if it doesnt breakout above open and set a new higher low moving up to vwap, it will continue to trend toward lower band and vwma dot plot.

cerealindicator

i think were experimenting with the idea that presidential elections cause volatility no matter what, and that volatility is a cyclical buy noatter who wins. that being said if we fail to regain TRAMA and supertrend remains sell, the sequence could complete a bear cycle and we wouldnt find support until daily gap close. i would still treat this as a buy for...

cerealindicator

weve set lower daily highs aince the last major volatility event, and trended lower weekly to averages. the uptrend is not lost for vix and uvxy threatens to break out of tightening range or wedge/triangle. ive marked out what a test and failure of the trendline would look like, and ive also bar patterned the breakout scenario. im leaning short because i think the...

cerealindicator

we have broken out of the channel weekly and are trying to confirm another higher daily low in the pattern. sequencer has not completed its bull exhaustion pattern, and we havent lost trama although it isnt rising yet. supertrend is still in a holding pattern, but the larger move hasnt brought us down to signal at this top yet. new all time highs are still the...

cerealindicator

selling utilities has proven futile after the rotation in risk off assets recently. what the sequence and ttm as well as supertrend and trama all indicate is a continuation pattern daily. you could really play either side of this, but the risk reward may be proportioned better long. i would stop out if we fall through this channel and complete bear sequence.

cerealindicator

im buying the election outcome for either candidate. heres my reasoning. both are proposing fiscal spending. both are campaigning on tax cuts. both candidates are contributing to a loosening monetary policy and impact on competition to us ai or agi and semiconductors. big tech runs on venture capital and both candidates are leveraging some form of trade war. here...

cerealindicator

theres no reason to this this stock will climb for many days without a contraction and consolidation period toward the volume area labled with dots in center. this is to bear in mind that the current pattern is very bullish on lower time frames, but ahowing signs of being highly overbought. im going to short this knowing that volatility is rising and the sell zone...

cerealindicator

ive ahorted this stock on similar contrarian moves, and its been succesful 90% of the time. right now ttm squeeze is flipping, td9 bear exhaustion has printed, we are far outside vwap bands and weve hit supertrend. market structure is also far below price pattern, and the daily bull reversal is threatening to return to an overall bear trend.

cerealindicator

im big on shorting moves that dont have much of an underlying reason to continue and are overextended on higher timeframes. the speed and ferocity PLBY tackled this mornings volatility is staggering, but that should return to the overall bear trend. even if this move lasts all day and continues to retrace weekly or monthly highs ill remain ahort PLBY knowing there...

cerealindicator

it may not be over. if we break through this 5 min high theres very little resistance to daily gap close, and if we fall through this open its almost a guarantee to short to the weekly lows. i would stop out either way if it halts or has undue volatility other than large predictable and steady swings. that being said im leaning long because of how it has set...