connorzz10

connorzz10

Either a good looking bottom or a massive rug pull. Worth dipping my toes in.

connorzz10

When market conditions change people are usually positioned for the past 10 years and think that this can continue into the future. If we know that Powell wants to be Volcker 2.0 we can assign probabilities of outcomes as follows: Period Like The 1970s: 10% Period Like 2000-2008: 30% Period Like 1929: 60% The reason i believe the 1929 period is the most...

connorzz10

The market likes to do the impossible. Not ruling this out

connorzz10

Fed stepped in and printed money in 1929. Fed stepped in and printed money at the covid lows. Charts look identical in structure minus the new all time highs in 2021. Massive speculation at the top in 1929. Massive speculation at the top in 2021. Everyone was acting rich driving around their new Ford Model T's in 1929. Every one was driving around there new...

connorzz10

What a 14 year QE bubble looks like when it unwinds. Hope im wrong.

connorzz10

I will start my buying campaign once Michael Saylor is washed out as well as all the debt in the asset. The historical precedent for this much debt in assets all start with "Great" and end with "ession"... all you have to do is look.

connorzz10

Free money era is gone. Wanting to buy the 100 year trendline

connorzz10

In with a $281 avg. One of my better trades of the year. Resistance is indicated.

connorzz10

Could/hope im wrong

connorzz10

Comment if you think I'm wrong. Would love to compare ideas!

connorzz10

Comment a response as to why I am wrong to be long in this scenario.

connorzz10

Scary sight. Need to see a good amount of volume to confirm a breakout...

connorzz10

Out of short position at $433. Looking at the previous bottom formation it looks like we could be coming to an end of the bear market. Push to 380 is still possible and will open a short upon a breakout of support. Congrats to all who survived.

connorzz10

Entered short with a price target of $400

connorzz10 Updated 

Failing to break here will send price lower. I will short once a clear trendline rejection is made

connorzz10

Closed the short with a $7 loss not anything crazy. However, I did notice that there is and inverted head and shoulders pattern on the hourly chart. Waiting to see what happens.

connorzz10

Looking to see a move back down to previous lows at $480 Signals for the trade: - No significant volume -Rejected at $500 level -Descending triangle has failed to breakout twice First price target: $480 Second price target: $450-460 Third price target: $350 Will look to re-enter after breach of these target and a possible retest.

connorzz10

A breakout of this pattern is going to determine where we start moving for the next rally.