jaytmarquardt

jaytmarquardt Updated 

AMEX:UCO NYMEX:CL1! Here's the details of my trade Long on Oil (CL1!) - Position in UCO.... Daily Chart: - Falling Wedge Pattern - Break of Resistance Line Dec 11th - Retest of Resistance Line 3x - Inverted Head and Shoulders Formation - Break above Inv H&S Neckline Fundamental Support: - TBH, for oil I rely 90% on the chart formations. Fundamental...

jaytmarquardt

Here's the details of my potential trade Short on BTC.... Daily Chart: - Head and Shoulders Pattern - Break and weak retest of 50 day moving average 4hr Chart: - Death Cross 50 MA over 200 MA (first time since Sep 4, 2024) Recent Developments & News - See my SPX Idea, the S&P has both a Rising Wedge and Head and Shoulders, making the overall market...

jaytmarquardt Updated 

SP:SPX Here's the details of my trade Short on SPX.... Daily Chart: - Rising Wedge Pattern - Strong Break of Support Line (Fed Announcement Dec 18th) - Retest of the Support Line - Break back down from the Support Line and below 50 day moving average - Divergence on the RSI Fundamental Support: - Buffer Indicator 203.7% (Near all time highs) - Buffet...

jaytmarquardt

NASDAQ:AAPL Here's the details of my trade Short on AAPL.... Daily Chart: - QQE Signal Short - Divergence on the RSI - Cross down on the MACD 4hr Chart: - QQE Signal Short - Strong Divergence on the RSI - Cross down on the MACD Fundamental Support: - PE Ratio overvalued at 42, historic PE ratio range 12-28 excl Covid 2020 - Buffet has cut Berkshire...