✔️Gap has been filled from November 2020. ✔️Bullish divergence on multiple time frames (4H, daily, and weekly) ✔️Put/Call ratio over 1.2 Looking to run to $178.
Support has become resistance and it's down we go unless we take back the 3855 level and hold it. Tight stop right above there and it's a good risk/reward trade.
Looking for energy to cool off for a minute here. Macro looking bearish (dependent on CPI print) and running a little hot right now. I would expect energy to continue running mid-term, but looking for a pullback on the 1.618 from the covid lows.
I have no idea what I'm doing with harmonics yet but this is my first shot. 1:4 risk/reward.
ES/SPX in an ascending triangle. Going down Friday. Other indexes are in a similar pattern.
RTY/IWM looking for a measured move after a long consolidation. I'm thinking it will retest the high of 2366 before the run.
UWMC is putting in an inverse head and shoulders. Looking at a price target of 7.75-8.50 on the run.
TRAC may retract to the 0.7 fib retracement level and then make the next run
ETH retraced to the .79 retracement level and is going to enter a downtrend. Trade idea would be to take a short with a stop at 4390 level.
If TRAC can get above 0.62 and hold it should make a measured move up.
ETH looks to be making a bull flag. Look to break out of the wedge and run to ~3850.