WhipsawJunkie

WhipsawJunkie

We can see from the chart pattern that Bitcoin is following a textbook Whoopsie-Daisy pattern. We all know how this ends

WhipsawJunkie

Bitcoin is in a classic "Dead Cat Bouncing Down the Stairs" pattern

WhipsawJunkie

Indicators on the 4 hour chart point to a 5%-10% drop for BBBY - RSI shows way oversold, MACD is crossing over, and it's hitting lower highs. I'm in with $20 10/30 Puts.

WhipsawJunkie

RSI rising and it went above its Exponential 50-MA on the 4 hour.

WhipsawJunkie

Trading above the 50-EMA, MACD Crossover, and RSI on the rise points to good upward trajectory. I'm in with $53.00 10/16 calls.

WhipsawJunkie

As the summer comes to an end does that mean a drop for crafty kind of sites? I notice Etsy is down too. I bought $32 puts for 9/4.

WhipsawJunkie

3 down days in a row - Insiders bailing before earnings?

WhipsawJunkie

Time for me to make back all the money I have ever lost on ROKU. Going short and looking for support at $123.

WhipsawJunkie

Looks like we will gap down tomorrow morning on the SPY, and gap up on UVXY. Long UVXY, short SPY

WhipsawJunkie

BAC is moving up again after a long trend downward.

WhipsawJunkie

Don't be fooled by the head-and-shoulders, this one is a bounce to the upside.

WhipsawJunkie

Netflix looks like a good short.

WhipsawJunkie

Spotify is way overbought on the RSI, touched the upper Bollinger Bands, and MACD is turning downard.

WhipsawJunkie

Looks like a good setup for some upside on Slack Technologies

WhipsawJunkie

Don't take the bait on the SPY fakeout, more downside to come

WhipsawJunkie

See you Monday!

WhipsawJunkie

Tune in next week when the meltdown continues. I bought 7/17 Calls on UVXY - $95 strike. For those who saw my VXX posts, I did very well there. But UVXY performs better if you want to go long on the VIX

WhipsawJunkie

"Buy the dip" crowd is showing up. But it's not over yet.