


in my strategy, i use Gann 4h pivot point when we 2/1 line after low point i have a 2for1 proportion the trend line since june reinforce my strategy let's see if im good on this one
I have a short Bias all the time i believe the indicators, the recession, the stupid president and his decisions and that trend since last december, the index hasn't get any power latetly to prove anything goes well i may be very wrong, i have a bad history of predicting badly
The hourly downtrend is real RSI is over sold its gonna have to breath a little around 30-33 before going somewhere at least for the next 2 weeks
NQ bounced on bottom channels twice in this down trend But got rejected at 1/8 gann fan what does it mean i have no clue.
Trying some prediction on Slack people are talking about it around me.
Im mostly wrong in every prediction this time wont be different but i have a bearish bias i think RSI was overbought and oversold like it did before i trace my channels based on these and for sure recession is coming worldwide, so this prediction is mostly base on that
by identifying RSI bottoms daily i trace a channel and see if it matches MA 50 next step for VIX is up
for what its worth their is a lot of place for it to go far i know for sure the all time low and the last 10years yield curve, recession if it falls, i would be looking at these channels if you look at moving average, 5 is gonna cross 10 soon
Its a thing i like to watch RSI get a low or high point in between usually theirs 2 bumps it helps me watching for next step Not based on any theory i saw before just something i like to watch lately with last week unatural move up i think it was hard to confirm and i'd like to test it its here, anyway everytime i try a theory here, usually doesnt work so do the...
Last week was very far from normal when that happens i sens a bubble i came back checking and from a 4h perspective we may have touch a high channel point like last autumn
ive been quiet for a while, i changed my strategy since only working with RSI basically Last days were very awkard on RSI Very far from average reactions
This RSI weekly tells a story. Lasts 4 months were insane. Clean straight line From bottom to top Makes no sense and at one point this will have to go down.
TQQQ oversold RSI i turned of post market in the chart
Option_Sniper be careful ES 4H 5ma downwards with mid BB also downwards NQ looks better on 4H.... Option_Sniper ES NQ not looking like a bottom here with 5ma dead cross mid BB on 4H for NQ, and 5ma dead cross 10ma for ES. and ES now at cloud top of 4H....
its been a while i try to see the next drop we're repeating a pattern on the RSI and as i already said, i can't see this economy going that long into a bull market their is just small signs and messages to keep head over water pushing china and brexit always further to gain short terms rallys
Last hours weren't good for S&P500 Like this guy said on twitter earlier : twitter.com SP:SPX
"es marched to 2900 then fell back all the way to 2892 support level. let's see where it opens tmr.... no matter where it goes, big tech earnings incoming starting with nflx next Tues. actually the fact it's scheduled early in a week is good for both sides in terms of premiums...." @options_sniper twitter