Trend analysis. Shows support and resistance with indication of who's in power. Bulls or Bears!
Do you remember Jerome powell talking about his failed policy, warning us of further increases?, that day 2 symmetrical triangles were destroyed, now we are maybe seen the born of a new one, why this change? NO MORE INTEREST RATES INCREASES, that means that all the adjustments to the valuations are now fully reflected in the market., the Fed's desire to increase...
Testing assorted points placed on chart to represent covered calls I'm taking. Each point is the break-even price of each position. By hovering over a point, details of each trade will be given. Some points are connected to other points. These lines are Rollout trades where new calls were sold.
im just looking at value area swing comparison and its showing alighment with volume weighted anchor that says if we stay over the average price we will be at top of band that lines up with all three indicators.
it's a shame, but we broke on Friday the Symmetrical triangle inside of our huge bull flag, now maybe a new one is in process, but the fact is that we need to cancel the rising wedge formation that take us to new lows, because we are under the effect of the huge bull flag formation we should see explosive movements. thanks to Jerome powell the number 1 terrorist...
if we are in a uptrend with an inverted head and shoulders pattern, we should see a bounce here to continue the uptrend otherwise the symmetrical triangle pattern will be destroyed, BTW there are 2 symmetrical triangles.
These are the levels of focus on this Elliot Wave Retracement. I set a Ellipse in the mid section to focus on the double top range where there could be a potential pullback TRAP to watch for. keep an eye on the HIGHER Low on that range to confirm the continuation run up to the SUPPLY Zone above. Just a general idea.
The truth is that we are starting a bull market and cautious analysts prefer not to say anything, but they are wasting their time waiting, now we see 2 confirmed symmetrical triangles and a third is missing, this is the same thing that happened a few days ago in Bitcoin, taking it to the level it is at now. Targets 53% from here to the first triangle end
We have a Crab, pointing up 80%, then if we cross the green triangle, there is a symmetric triangle, and we will see the same thing that we are watching with bitcoin a uptrend to the end of the symmetrical triangle, so this is a good option for short and long term
The bull is just taking a breath always respecting the main channel, we should see bullish activity soon.
we have retraced .618 from the initial drop in a counter bear trend pullback that has made lots of new longs, but a lot of signals remain sell. if we hold the .5 or continue immediately im long, and if we resist from the .618 and move lower im short. we could resist or support from lower horizontals, and im long/short on bounces from/resisting or breaks/trend...
Wedge setup for retracement. Watching this next potential trend to retest for the double top within this wedge focus. this play is planned to q3 to follow. just a generalized depiction of the channel im focused on this accumulation buildup for the next breakout.
Look daily chart basing. Look at daily stoch heading up circle in green so it is a swing trade target 70.00 the 100 day ma Look weekly it says spy goes lower in time Look vol more selling buying
I think we have a clear tendence confirmed here. It's time to a little rebound
we just finished the first inverted head and shoulders pattern, should we see the big one?
I am following the S&P trend very close, you can see the similarities with the last up trend. don't forget to buy it today