This is going to get interesting. I find myself lazy to post charts but also wanting credit for the Gold in my brain. Its time ⌚
Watch as Oil attempts a Breakout. Careful as jt effects inflation
Refer to a previous post. Breakdown has begun but I suspect a gap fill before a follow through. POUNCE on the gap fill for a swing $70 3/15 Puts High.
AMEX:USO Headed back to the 50 day. Really quick. Will continue watching to see if we hold $69s or break lows. I'm expecting the pullback to resume after a quick stall at the 20day sma. The giveaway that helped pay last time was the rally above the death cross. That first rally is usually bearish as noted in the chart posted. Fast forward and we have the same...
Well... I posted this on X.... I believe we close between the 20DMA/20EMA and gap down and flush tomorrow...
incoming pullback imo. 5-7% pullback before then of February. History doesn't always repeat itself but it does frequently rhyme. Refer to AMEX:SPY 6/15-8/17 ... Good luck everyone . From here I'm taking puts to $478 , calls at $478 to 20 DMA retest, consolidation for about a week... $483 Short until $470... Buy $468 for March run....
$483 coming soon 💭... $470 by EOM.. I've got a repetition of July Top and Pullback in play here. Potential to lead to something much more serious.
Essentially it might be extremely dangerous trying to swing weeklies but it could very well be beneficial to swing Monday $490 Puts. Depending on SPY price by Wednesday, they could pay large amounts as I see the move happening in just 2-3 days, somewhere between Tuesday 2/6 and Monday 2/12, expect $478. This image here is from the March 23' BTFP run into the...
was looking at the 1.61 but ... seems like my fav is a tanking as usual... lets see where this ends.... rollover imminent .. I like CPI dump
Do exercise caution this next two weeks. If this is anything like last time, Nov. 13th is the next full moon, Nov. 14th is CPI at 8:30AM ... if we did not take a crap by then.... I will be assuming 11/14 will be the date that begins the "impending" 11% pullback ahead. Stay Nimble everyone!
Looking for $262 , Unless my harmonics are off. Then, its a bull diamond and it goes to $272.
Seems to be repeating itself as do most stocks. Tried to simplify it as much as I could for those that can pick up what I'm putting down. Gaps seem to show strong resistance at the moment so I will wait for BA to make an attempt at the $210 gap above before entering 2/9 $210 and $200 puts for a confident swing to lows, take profit, and perhaps roll them after...
ABC Pattern here? Still learning about Harmonics as well if someone wants to shed some light. Check my other posts.. I've been waiting for this.
NASDAQ:NVDA following this topping pattern... spike out on monday would confirm short term top...
Well... after a careful analysis.... I have discovered that I was completely wrong about the market needing a pullback based on math..... all it needs is a cooldown...hence, perhaps a week of consolidation and then another push higher...
TIme frames of equal length suggest we are moving towards a local bottom on May 6th. Keep in mind we already hit our highs and pivot. I do not expect anything higher than $450 personally but looking at $441-$443 for just one last tag before heading lower.
As you can see here, I circled the last several times that the 10 period SMA Crossed the 50 period to the downside on the 4hour chart. On the last occasion that the 10 SMA crossed both the 50 and the 200 SMA, NASDAQ:PANW took an over 5% tumble . This one here seems to lead towards a 10% drop. I will be looking for the 4hour candle to retest the 10 SMA...