Therealalphaaction

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If you like this analysis then give it a like, so we put out more content like this! There is a multi-month pattern playing out on the Nasdaq. First, we had a large move up from mid-July to September, and then a large retracement down. After a large move in one direction and a large retracement, there tends to be a horizontal triangle/equilibrium pattern. A...

Therealalphaaction Updated 

If you like this analysis then give it a like, so we put out more content like this! There is a muti-month plattern playing out on the Nasdaq. First we had a large move up from mid-July to September, and then a large retracement down. After a large move in one direction and a large retracement, there tends to be a horizontal triangle/equlibrium pattern. A...

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First off if you like this analysis, leave a like and subscribe to our trade ideas, so we can put out more content like this! The bottom is in on the Nasdaq. We initially saw a large move up with no down weeks in the NDX from mid-July till September 2, then a quick move down in an Elliot wave, a, b, c pattern, which has now bottomed out. Whenever you see a large...

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Yesterday morning I came out and told my advisory subscribers that for the bears to have follow-through we would need an hourly bearish trend change leading to a 4-hour bearish trend change. The bears have confirmed a downtrend on shorter-term timeframes, which means that the daily chart will have to follow through to the downside, and momentum indicators like CCI...

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All I'm hearing everywhere is how the Nasdaq is in a bubble. Yes, that's true, but before the Dot-com Bubble ended the Nasdaq doubled in just 6 months, so you don't want to short these bubbles unless you're sure on the timing as it can easily cause a margin call even when you're eventually going to be right. As of now, we are in a robust uptrend on a longer-term...

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AMZN will likely keep chopping sideways, as the trend is bullish with strong support, but it could get easily overbought if it goes higher, so we should use a positive theta trade to trade this environment. Here's the trade: Short: 3000 calls aug. 21 2020 exp. Long: 3100 calls aug. 21 2020 exp. Short: 2550 puts aug. 21 2020 exp. Long: 2600 puts aug. 21 2020 exp....

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Big Gap-fill will happen soon and the best way to play it by risk a small portion of one's portfolio on calls! If you want the full trade structure and analysis I'll link it below.

Therealalphaaction Updated 

SPX is very bullish since every time it tries to fill the gap it rejects and goes higher, where I circled the downside gaps. After the last resistance is taken out we're going to all-time highs! If you're worried about the risk in buy at the top, play this with options and risk less. If you want my full analysis including individual sector analysis and an options...

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In the short term QQQ will fill the gap I circled but long term fundamentals don't look good. The best way to play this would be to come up with an option spread that has upside reward but no downside risk. If you're not sure how to do this type of a spread, I link a video below where I go over how to do a broken wing butterfly spread.

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This is a continuation from Monday's post where I said the market will likely go lower from here(linked below). Not just do we have a head and shoulders we have a situation where the breadth of the market is at such where only 5 companies make up 20% of the value of the s and p 500. Also, the market rejected from the 61.8 fib retracement. If you want my full...

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The s and p 500 is currently in an equilibrium pattern which means were are at the market top. Earnings season and oil going down will pull the market down after the pattern plays out. The way to play this is through going long crude oil tankers like NAT and TNP. If you want my full watchlist and trades for the week ahead I will link it below in the comments!

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The trend lines that I've have drawn are showing a breakout and a triangle pattern. As for why I think this is headed bullish, the EURN is a company that stores oil and makes more when the oil futures term structure curve is in contango. So, if oil continues its downtrend(I believe it will), it will cause futures to go into deeper contango since the cost of...

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We are seeing a triangle pattern which is usually a breakout pattern. When it comes to the fundamentals we are looking for the market to go higher in the short term and create a bit of a blow-off top over the next two weeks. If you want a more in-depth analysis I will link a video where I talk about this trade and how to play it with options and much more!

Therealalphaaction Updated 

In XAUUSD we are seeing a triangle which is a breakout pattern where the market has the possibility of breaking up or down. The best way to play this is with long straddles. From a fundamental viewpoint, the stagflation we are entering isn't yet being taken into account and we will likely see it reach 2000 in the next month. If you want a more in-depth...

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I still want to be short USOIL as its a short squeeze and rumours of OPEC cuts that won't happen. OPEC couldn't even agree on a half-million barrel cut so it won't agree on a 15 million barrel cut. I will link my analysis I've done if you want a full in-dept analysis.

Therealalphaaction

Half of American Families own AAPL as a long-term position and have likely seen paper losses on their position. To recover this loss we would want to buy one 245 call at May 15 expiration, while shorting two 275 calls at May 15 expiration. This front ratio spread with 100 shares of AAPL allows 2x upside after 245, and the debit spread in it can be rolled up for...

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When looking at the charts we see a short term uptrend with poor support. Poor support means that price went straight up creating a lack of support, so when the market goes down it goes into free fall. From the fundamental side of things, the fed already did two emergency rate cuts and started QE 5 on top of the QE 4 we already have, yet the market is still going...

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Currently BTC has had an up day today, but it's just a lower high. As long as the trend line drawn stays intact, the bears are in a good position. The CCI is currently oversold, so there is a oversold bounce, but from the looks of it there is no follow-through. As long as the trend line is intact along with the 8 period EMA, the bears have secured their position....