Since I was getting asked question about AMEX:SPY etf, I decided to answer them via the video analysis. Not trading or investment advice.. Price action closed above both the .618 fib & .382 fib levels on the daily chart. I'm waiting for price action to close above the .5 fib level $435.65 (which is also a gap area).. With price action closing above this gap, I...
looking for yields to drop from here. I'm targeting 4.696% at minimum which is B leg of the bearish AB-CD pattern. Also there is a double top resistance forming (bottom chart)
currently shorting gold at this level. There is a bearish head and shoulders pattern. previous support has flipped to resistances. My Targets are 1912, 1884, 1860
looking at Gold daily chart. I see several bullish set ups 1) Triple Bottom 2) bullish bat 3) AD & Stoch RSI both have bottom on the daily chart
Hello Traders. I wanted to do another video analysis on the CBOE:SPX (sp500 futures).. 1). 5min Bear Flag 2). 1hr Bear Flag (both 1hr/5min Bear flag being confirmed by the AD 3). Retrace to 4272, short target for the 1.618 fib level... 4). Support and Resistances level... Short term bearish, future short trading not trading or investment advice... wont hold...
Monitoring the AD, I spotted a bearish triangle pattern by the AD. My intraday targets are 426.13 and 425.60. These targets were determined by the AD . Not trading or investment advice, please do your own due diligence
In this video, I covered what I traded and how I traded. I took one trade on AMEX:SPY etf 0 DTE expiration date $428 put strike at $0.39 and sold at $1.15 based on the technical analysis shown in this video.. In the futures session before NY open, I notice priced action was sold off from the 1.618 fib extension of the bearish ab-cd triangle.. there was also a...
i'm currently monitoring both the 1hr & 30 min chart. Both charts have the AD/Money Flow showing a double top... also on the 1000R I have the .618 fib near 147.20, previous support could act as future resistances. Im waiting for Fridays action to determine if 147.20 is a short or not. I'm going to share a few charts that i've created. This is not trading or...
monitoring the 45min Chart, I'm seeing a potential bearish ABCD pattern set up. In addition, imho we should retest the $181.50-$183.50 near the bearish crab & Bearish BAt resistances level. Looking for these to be flipped as support. We also have an apex of the triangle looking to be completed by close. The Bear Flag on the 45 hasn't been invalidated NOT TRADING...
Looking at the Monthly Chart of the TLT 20yr bond etf. I see a large ABCD Pattern Set up. The Initial Triangle has not completed. Currently there is heavy selling in Bonds (C leg sell off to D leg of the bullish cypher) The Trend Line was breached, and now the sell off is acting like a Magnet to retest 2008 lows. It's worth noting this sell off appears to be A...
I wanted to share my video analysis of QQQ, and go over what I see on the stoch chart. I'm noticing a bullish ABCD pattern on both the 4hr/15min time frame.. Also the AD/Money Flow was saved by the 200 MA on the 4hr.. The stoch rsi is also oversold Im just trying this out, let me know what you think of it.
reviewing NASDAQ:NFLX monthly chart, and looking through multiple time frames. I discovered a sneaky Inverse head and shoulders on NFLX.. Stoch RSI on the monthly chart is showing a double top, however on the 1000r you'll notice oversold stoch rsi.. previous resistances from a bearish crab (b) leg is acting as support.. I may do a video analysis on how I came...
looking at ARKK I see a bearish bat pattern forming to $53.50, the 1.618 fib level is at 69 near a gap fill which is another supply zone.. If the market continues upward, I anticipate ARKK to fill the gap and supply zone. Price action needs to close above the .382 fib level... I will update accordingly
monitoring the bearish sentiment in Gold, I have no position at the moment but monitoring Bearish ABCD pattern on the Daily 1) notice the double top from the bearish cypher (A leg) to the Bearish Crab (B) leg 2) Gold hasn't retraced to B leg of the bearish crab (yellow circle) 3) A breach of the B leg of the bearish crab, threatens to invalidate the bullish...
The AD is showing a bullish divergence on the Daily Chart, However on the weekly chart you'll notice a Bull Flag Set Up w/ a bullish Elliot Wave Count. Currently I have a C wave buy set up, but for less seasoned traders I highly recommend buying the confirm breakout. Somethings to point out 1) you'll notice the 5th wave was rejected by the B leg of the bullish...
we have a bearish bat/crab forming but if you look below on the wave trend I have a bullish cypher set up which is showing price action is oversold... i'm loading here. NOT FINANICAL ADVICE. TRADE DOES CARRY RISK.. DONT FOLLOW
I needed to make this chart as a separate post. We had a channel breakout and nobody is talking about it, and I wanted to show you what my sma's are looking like running through key fib levels.
I've been analyzing CRYPTOCAP:BTC and this chart for sometime. Im notice a major correlation between AMEX:SPY NASDAQ:AAPL CBOE:SPX everything is gearing towards a box breakout either from a bearish cypher/bearish bat. I'm looking to add some bitcoin as long as the .382 fib level holds, and ride the wave up to the .50 fib level, and from there wait for...