WillNixTrading

WillNixTrading Updated 

One thing is certain, market uncertainty is here to stay. A bet to the contrary, IMHO, is a huge longshot. Ukraine, Russia, China, Mid East, United States and Europe are all in .... re-arrangement ... Yield Curve has again shown signs of 'flattening . inverting'. What happens when the markets are uncertain? Investors are willing to pay more money for...

WillNixTrading Updated 

Whats up Traders I would like to see an SPX pull back, over the next month (or two) back in to the low 400's. I think this would be a healthy pull back. I also think the technicals indicators are pointing to it . . . as shown and explained on the chart. If you have questions, post them below! Remember - Bet with your head, Not over it. - Nix

WillNixTrading Updated 

Steel demand is insane Steel supply has been caught flat footed I expect USS X to trend up quickly towards 35 Depending on timing and other market conditions ... I also expect this market to drop like a hammer if the economy takes a turndown

WillNixTrading Updated 

Whats up Traders - Made a nice trade on Lyft last week . . Following up on it this week with a swing trade. We're looking at Lyft Puts - $30 - 7/24 Theyre currently trading at about .80c giving us a solid 2.5x RR for the trade. Seeing a break in the uptrend and expecting us to re-test lows. I doubt we will hold this option full term, but i am prepared...

WillNixTrading

Whats up Traders, - Red Rectangles are prior 'gaps' that may fill . . - We hit our first target box - Price Action shot back up to the 61.8 line of the retracement down move ..it will be important to see how we react at this level . . . We expect: -Price to get rejected here and continue the downward move - Complete gap fill at the first box - Target Green...

WillNixTrading Updated 

Whats up traders, I think there is a 5-10% downside potential in gold over the next week or two. The Technical's: Divergence between the volume and price action 50/200 period cross over (theyre now intermingling) Head and shoulders pattern The Fundamentals and Gut: I like gold longer term here, but, for the short / swing term, i see a pull back...

WillNixTrading

Hoping for an INVERSE move to Last Wednesday, April 1. Wednesday Move Description: Big Down Move, followed by about 1.5% give back . . . with a continuation downward. If this plays out. . . . we'll hit the yellow circle within a few hours of trading, and it is exactly where I will enter long Good Luck Traders.

WillNixTrading Updated 

Whats up Traders - I entered an oil short an hour or so ago.I do believe the purple channel / trend line will break and we will head towards the pink box. Good luck. . Set your TP's and SL's dont be a dolt. I use DWT for this position, but there are plenty of less leveraged tools out there.

WillNixTrading Updated 

Whats up Traders Im setting up a gold trade, using NUGT . . Buy Stops Using the Bulkhead Method to catch the wave (more buys as price goes higher) 25% position purchases across 4 buy stops above the bull flag....is my method here Set a tight Trailing Stop for the entered positions, up to 5-6% Target Box Shown as Pink Rectangle. I like Gold Sentiment, I like...

WillNixTrading Updated 

Whats up Traders - Publishing another scalp here. I show the SL and TP on the chart. Looks like another step down for OIL is coming. Im Using Leveraged ETFS (LETFs) to get access to this price movement. There are a whole host of them including DWT, DRIP, SCO, DTO

WillNixTrading Updated 

Going out on a limb, and this is admittedly a tricky play . . . j Tight Stop Losses and Quick Take Profits are going to be key. Im targeting a price spike as shown by the red box, resultant of a successful vote in senate at noon. Im setting Stop Losses towards the bottom of the trend channel . . I have a 'BulkHead' buy method in place, with more purchases...

WillNixTrading Updated 

Whats up Traders You can draw this a lot of ways, with a little of shapes. . . but Bottom Line - US Dollar is on the rise . GeoPolitical Reasons primarily. Pre Economic Slow Down and Pandemic, the Aussie Dollar was being gutted. Post Economic Slow Down and Pandemic, I expect it will continue. Target the high .40's This is one of those Asymetric risk...

WillNixTrading Updated 

Just another prophecy. I have a few lines of speculation on the chart here...Ultimately, Im very confident we continue down into the weekend. Good luck. Remember - Nobody knows for sure what the market is going to actually do!! -Nixx

WillNixTrading Updated 

Whats up Traders I think were headed down a bit more - see attached self explanatory - nothing but pure TA....no FA involved. Thanks everyone.

WillNixTrading

Whats up Traders - If you're waking up today and starting to get worried about the near term United States Economy .... welcome to the party. Oil Prices are in Shambles and we're heading into a recession which will command significantly reduced Oil Demand Gold is falling from the sky (no not literally) The FED has lowered interest rates to zero The FED has...

WillNixTrading

Triple bottoms are bad for bullz. Lets see how this plays out - but the obvious move is for more pain, downward. Good Luck Guys. - Nix

WillNixTrading

Whats up Traders - Does this amount of Short Term Growth Seem Sustainable to you? I mean that truly as a question, not as a suggestion For this study i took a simple look at the distance between the 'standard' moving averages, and how they lined up with / overlaid major market upheaval. "History Doesn't Repeat Itself, but it often Rhymes" - Twain - Nix

WillNixTrading Updated 

Whats up Traders - Stealing a CNBC idea, but i like it and agree with it. Biotech has bounced back to its past highs. IN all liklihood we will bounce around here for a bit - Entering a Call Credit Spread 1 x 123.5 Call Sell Jan 31 1 x 125.00 Call Buy Jan 31 Have a look and see if you. Best of luck. - Nix