mggagni

mggagni

Looks like a solid entry spot as it has held a key support level

mggagni

If COIN doesn't get above $185 quickly then its heading much lower...to $115

mggagni

EWZ (Brazil ETF) looks extremely bullish. If it can break out of this wedge pattern, this thing can explode to the upside.

mggagni

Gold looks supper bullish right now. This thing looks like it wants to rip higher towards $2,500

mggagni

NVDA ran into some resistance at the 1.618 extension level. If NVDA resolves higher, there is a lot more upside...next target would be $700

mggagni

MSFT breaking out to hew ATHs. As long as it stays above it previous of $349, then we could see this thing run up to $430

mggagni

The Brazilian market looks like it wants to breakout in a big way. If we can get the USD to weaken then that would give us more evidence that a breakout is coming. Lets wait and see...

mggagni

AMZN just like GOOGL and other big cos are all breaking support levels. This could lead to a much bigger pullback than anyone was anticipating. AMZN could go on to test its 2022 lows...another 30% drop from current prices

mggagni

SPY looks like it want to go sub $400. Earnings season definitely underway and GOOGL bringing the market down...enjoy the ride

mggagni

We tend to see the market rally in Q4, I not feeling too confident on that. QQQ looks like it won't hold support. Testing a support level as earnings season is underway...not looking too good. Look out below...?

mggagni

GOOGL not looking good after reporting earnings. Gapped down after earning and sitting at a critical level. If it can't hold, its heading down to $110 again and bringing the rest of the market along

mggagni Updated 

BAC price action looks pretty weak. We saw a false breakout at the 1.618 Fibb extension level from the 2020 decline. As it stands it is below its pre COVID highs and is running into some serious resistance at that level. Price action looks like it wants to head lower from here.

mggagni

Things finna get buck wild if TLT breaks below $80

mggagni

XBI might seem cheap since it has dropped almost 60% since its peak. Don't worry...it'll keep getting cheaper

mggagni

As much as I would like to see the market go higher from here, I could see QQQ dropping another 10% from here.

mggagni

$90 is the support level for micro caps. Based on the other areas of the market, we could see a bounce around the $90 level but will probably see IWC break below $90

mggagni

IWM breaking down. Next area of support looks like it will be around $145 ish. If IWM continues to breakdown, it will drag the overall market lower...look out below

mggagni Updated 

Bears be like "SPY going to $80!". That would imply another 80% drop from current prices