TintinTrading

TintinTrading

MARKET OVERVIEW: 📈 The NASDAQ Composite index seems to be in a buoyant mood, painting a rosy picture of the overall market. However, upon closer inspection, it becomes evident that this rally is highly concentrated and powered primarily by the FANG (Facebook, Amazon, Netflix, Google) stocks. In fact, the large market caps of these tech behemoths are heavily...

TintinTrading

We've been closely observing the SPX and VIX charts in recent weeks, and we're seeing some compelling signals that indicate a possible bullish market ahead. 🔍 SPX: Identifying the Firm Bottom and Key Resistance Levels Over the last eight months, the SPX has exhibited a tightening pattern, suggesting the establishment of a firm bottom. This has been particularly...

TintinTrading

This is update 3 for the SignPost after the Whaley Breadth Post. If you remember The Whaley Breadth Trust is a powerful signal that has a great success rate. It was invented by Wayne Whaley in 2009. Since 1970 to 2009, the signal has occured only 12 times! Based on the Whaley Breadth Post and January Trifecta we drew a potential map for the next 3, 6 and 12...

TintinTrading

CURRENT MARKET TRENDS 🔄 1. 🎯 Selective Market Dynamics The present market scenario remains highly selective. This has been a pattern, with a tendency for a rotational environment. Stocks that are currently underperforming or rebounding from their lowest points are leading the market for short durations. This is while tech-heavy indices like the Nasdaq...

TintinTrading

Hello Traders, Today, we're taking a look at the 63-Day QQQ-QQEW ROC% Spread Indicator. This unique tool provides us with a perspective on the momentum difference between the Invesco QQQ ETF (QQQ) and the First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) over a 63-day trading period. Credit for this study goes to Ned Davis Research (NDR), who provide quality...

TintinTrading

FED CHAIRMAN POWELL'S STATEMENT 🎙️ Chairman Powell remains flexible regarding future rate hikes, emphasizing that decisions will be taken on a meeting-by-meeting basis. Notably, the removal of the word "anticipates" indicates a decrease in urgency for additional rate increases. Furthermore, the absence of the phrase "sufficiently restrictive" suggests that...

TintinTrading

VIX DROPS SIGNIFICANTLY 📉 The VIX has experienced a dramatic decrease, which is crucial to observe as we shift from a bearish to a more favorable market. Similar to what occurred in December and at the start of the year, the 28 level serves as a warning signal, particularly after a substantial market movement. This indicates that the market may be overheating,...

TintinTrading

Here is a picture of the mega cycle of the SPX from 1988 to 2032. I am inherently bullish but I am also prepping for a longer sideways action.

TintinTrading

🚨🚨 ONE LINER 🚨🚨 Attention, traders! The Volatility Index ( TVC:VIX ) is approaching an 18-month low, which could indicate a strong bullish signal for the market. Background : Two months ago, in December 2022, I discussed the significance of the VIX dipping below the 20 level as a key milestone for a bullish market. Today, I want to dive deeper into this topic...

TintinTrading

Update on the current environment - Orange The market has never gotten into an easy dollar environment according to the STEM model! Do not judge the market hostility based on what indexes are doing - this is simply WRONG, if you follow the Breakout methodology taught by Mark Minervini, William O'Neil, CANSLIM investors, Gil Morales and the likes. Currently, the...

TintinTrading

As you see this is the good things of planning trades. We never know what is GOING to happen in the market, we only know what has happened and we need to adjust and react to this. As you see instead of tightening the pattern became more loose and hence I have not entered this name. Lets see how it will continue to react.

TintinTrading

I really like the way ATAT is acting. Here is my note from this moring: $ATAT appeared to be one of the more promising opportunities at the beginning of the week. Although it experienced some decline on both March 8th and 9th, it managed to maintain a position above the critical lower limit of its base, represented by the red line on the chart. Compared to the...

TintinTrading

Volatility in many times in the market is bad and the stock market is a mirror of the economy. When you go back prior to the Great Bull Market (1980s), you wll see that there were very wide swings in real GDP. These are the Boom and Bust cycle. Now, as the FED evolved its policies it learned how to contain the market and flatten the Boom and Bust cycle and...

TintinTrading

Grabbing a pilot position into MSI (telco) RS rating is lower 84/100 Industry group is lower 125/197

22:35

TintinTrading

Stocks that are in near buyable positions.

TintinTrading

I am updating for 2nd time the SignPost after the Whaley Post. Make sure you see the section related ideas under the main text to this idea. This will show you links with timestamps of the first time I wrote about it a month ago. So far the action has been to the point of my expectations. I will use this chart further on during the year to see how it moves.

TintinTrading

Linking to my idea from 25 FEB - AAON has moved great on +500% Volume increase at the highest volume in the last 2 years. Lets see how hte follow through action would look

TintinTrading

Looking for the stock to consolidate at the alert level (cyan color). If it breaks out of there I think this would be a good stock (around the red arrow). This is what Jessie Livermore called the Line of Least Resistance