gent-trader

gent-trader

Here's the positive divergence on the hourly as mentioned on the weekly chart

gent-trader

Symmetrical shapes can be drawn threw on the RSI as price trend lines are tested, as the week is still fluid it can simply change its directory, pull back, flatten etc. the point is, just because it is currently penetrated does not mean the RSI trend is broken, it can make patterns that are almost perfectly symmetrical as a holding consolidates or takes a few...

gent-trader

Daily, weekly and monthly charts all healthy as the weekly and monthly are still fluid. you signed up for this when you started to trade......oh, and turn the news off

gent-trader

$SOX is about to fail hard and all in it, major position is soxs and yes even short NVDA MX MU AMD etc,

gent-trader

Tuesday's looking really red, got in short today on this one, sell set up was on the daily and it really pulled the weekly down

gent-trader

monthly chart is in good shape and is a great momentum buy at 13,863.13, technicals will take care of themselves should that price be taken out this or next month

gent-trader

symetrical triangle more bullish as the monthly RSI>69.1 and holding two RSI trend lines each fib retracement is holding nicely, what's the worry, turn off the news

gent-trader

daily looking like its in a healthy consolidation and bullish falling wedge as monthly chart is in fine shape

gent-trader

Recent RSI LOWS line on the hourly needs to break in order to see more downside pressure as the daily, weekly and monthly are well above RSI 69.1, this sell set up needs to be on at least the daily and more so on the weekly to see a meaningful correction, currently, if this high stands (and most likely will be challenged) until a correction occurs, the Fib...

gent-trader

-VE divergence on the hourly and 30 minute time frames and a wall into the close usually isn't the pros buying

gent-trader

As noted for the Fib MA's for the true harmony of the averages, you can use the 50 and 200 just as well, watch this set up in the coming days, success and up, failure and more of the same in the markets, needs to close above 12.20 on the daily and watch if it happens!!

gent-trader

Bitcoin monthly is in fine shape and lines up with the weekly, long term charts require more patience but pay off. Weekly needs minimum two weeks consolidation and is healthy, much better than a straight up move. Do you think think any chart goes up without a rest??

gent-trader

correction setting up

gent-trader

market internals and VIX tell the tale so put on you seat belts FOMO'S

gent-trader

We are at the start of the drop before the actual high before 5-10% correction

gent-trader

very similar set to 1994-96, markets have a fantastic memory

gent-trader

Major blast off as monthly technicals at 34 month highs, works on all stocks

gent-trader

VIX needs to close above 12.20 to see more down side movement and if the 50 MA crosses the 200 MA in a bullish manner the it will move up fast, may last days to weeks even a month or so if it happens