Jmenken

Jmenken

Options market indicates sell wall at 70k. I expect price to retrace to the 32-36% Fibonacci levels. I pull extension on log scale. Top bottom top. Stock market reaching exhausted state. Fed repos it’s premature pivot, bond market pricing out rate cuts. My stop loss is always way to close lol

Jmenken

Headlines read Blackrock spot Bitcoin ETF lists… This application will not have an answer till after the new year…. DYOR for facts and don’t trade on headlines. Meanwhile the short liquidations are brutal beyond belief. I don’t believe the head and shoulders pattern is negated unless we close the week above the close at head. (32kish). My bet is that we will not...

Jmenken

US10yr is attempting a technical breakout. I never thought FedFunds would expand meaningfully beyond 3.5%, simply because the US Treasury could not handle rates that high. There is a major disconnect in IG/HY credit spreads. Duration is absolutely not reflecting the premium it should require. Everyone seems oblivious to the incoming pain, especially the US...

Jmenken

Looking to get two long entry positions as bullish bat plays out. Low leverage good RR.

Jmenken Updated 

1.27 will be highest point before rejection, playing out beautifully with out bearish harmonic butterfly.

Jmenken

Can this still be a 3-3-5 Running flat correction if c goes beyond A? Critics welcome

Jmenken

I am no expert so please give your opinion. Running flat 3-3-5 correction for BTC? Wave C shouldn’t pass wave A correct?