A rotation into IWM has begun, target is 190-193 and probably in quick measure. Good luck!
All in the video. I think we're getting close to at least a pullback. In my pinion there's no breakout just yet - we're in an area which should be a heavy resistance zone, but higher into 4300 is possible. I forgot to mention - The Treasury needs to raise cash which should affect liquidity and especially - the tech stocks. I don't see a lot of talk about it at...
SPX Wyckoff pattern may have had one more overthrow to finish yesterday, we'll see. OIL looks to be leading to the downside and I think it will surprise many this year. The hedge trades are getting a bid but nothing substantial just yet. Equity Put call is at very low levels.....
This is a stock I've recently bought, based on the technical readings alone. Fundamentally it may not be worth a long term hold, but I do believe it's a good trade opportunity. As you can see we had a falling wedge and breakout on the weekly with weekly bullish divergence on the RSI. We are currently over the 18 on the week , so bias is up. However, we also just...
all in the video, i lean bearish here, but i give two options for next week. either way, 4300 is an area that has attracted the market numerous times and i think we get there sooner or later...... good luck and have a nice weekend!
Update on the SPX, possible wyckoff top playing out here. Under 4070 and the market is going to start having some real problems.
all in the video - worth watching these other markets to see if they will rally if the SPX starts selling off. See the "wyckoff" post below Good luck!
Just a few options for the SPX this week. I don't think we'll have either a moon shot or a big sell off, but we could end up at 4150 quickly if the potential bear flag plays out. All in the video - good luck!
Just analyzing this purely technically because I like MB and as of now supposedly this is his only long holding. Now, keep in mind this is not a stock for everyone - "The GEO Group, Inc. is a publicly traded C corporation that invests in private prisons and mental health facilities in North America, Australia, South Africa, and the United Kingdom." So yeah,...
Various sectors and what looks to be setting up to my eye. Somewhat related to my "interesting stock plays" below... good luck!
I think we're about to break the support zone of 4100 in which case it should be a swift move down to 4050 area and maybe lower. 4200 is still the goal in my mind, but a few days or week lower makes sense with the patterns I'm seeing. Good luck!
Between here at 1925 gold should find support. Daily rsi is already very low, so I expect another leg up past 2k to finish a C leg. This might be a safety trade if the market decides to sell off. Either way, Gold (and silver) is hinting at more upside soon and will probably not come down as much as I thought. Good luck!
A sort of "falling wedge" with low daily rsi reading and bullish divergences on mid time frames. Even if it goes a little lower, this looks like a buy. Target 34-38k... Good luck!
SIlver is at support with a very oversold rsi on the daily. My guess is a wee bit lower but then it's a buy for an attempt at the previous highs of 30+ good luck!
There are various tickers you can look at, all of them look to be at or close to support with steep hidden bullish divergence. Individual stocks would include - FSM, AG PAAS, EXK among them. This is the ETF for Silver miners. Slightly lower is possible, but I think the metals and miners will probably get a bid within a few weeks if not sooner. This would be a...
Just a heads up as the SPX chops around, some other stocks and sectors are catching a nice bid. It doesn't mean they will all keep going up, but money may flow to other places while the SPX figures out what to do next. Good luck!
to 125 -122 area looks likely soon. I expect a fast move down after all this consolidation, from there it's a strong buy. Good luck!
all in the video....Basically I believe a C up (maybe debt ceiling resolution) is coming next week. That could fill the gap at 4220 (or higher) and that would also take out the majority of traders who believe we topped. have a great weekend!