hammadshahir

hammadshahir

So as of now, they bought Sept. 2020 correction VWAP. That's all. That's the News.

hammadshahir

Here are DZ levels for today, 4150 is support (break of this level will result into good sell off). While 4175 is breakout level for today. #DZ (Idea valid for today only)

hammadshahir Updated 

$BABA is consolidating near 20 D moving average and above 23.6% Fib level. It's in triangle. As daily bar closes over MA 20, it will also breakout of triangle too. We can go long there.

hammadshahir Updated 

$NQ on critical stage. Looks dumpy dumpy to me

hammadshahir Updated 

$ES_F $ESZ0 futures got rejected or couldn't hold enter into previous channel from 2019.

hammadshahir Updated 

Upside target: 288-298 (Maximum: 301) Above 301 will invalidate my expectation to the downside. Downside target: 228 - 218 Trade idea: You can wait a clear break of 270 to enter trade or enter near 290 - 298 level. OR you can buy vertical put spread now: BTO 1 x June 2020 280 STO 1 x June 2020 260 Cost of trade is roughly 6$ Disclaimer: I bought a 280...

hammadshahir Updated 

Are we stagging a breakout?? $ES_F $SPX $SPY

hammadshahir

Two days before we were going to the moon, until now. Stuck in the same box. The very box which also caused headache for good 3 months last year as well. $SPY

hammadshahir

GE almost back on 1987 level . Yet, army of Robinhood broker is buy this stock like there in no tomorrow.

hammadshahir

Daily bearish divergence. It's definately not going up.

hammadshahir

Next downside levels are: - Support : 2132 - Fib 1999 (if we calculate from March 2009 low)

hammadshahir Updated 

Although we have seen a good rally on Friday, but trend is still down . It was nothing but a short covering rally. If futures break above 2694-2700sh area, we might get a chance.

hammadshahir Updated 

Just an idea.

hammadshahir

I was waiting for such moment from 2018. The divergence on $SPY and $SPX was huge and this was about to happen, just matter of time. Technically speaking, I would love to see 221sh level or even 202 level, which is 50% retracement from March 2009 low and Feb 2020 ATHs.

hammadshahir Updated 

Divergence, weak oil, short now $DTE and cover under 100.

hammadshahir Updated 

Just my two cents... Long shot, but worth to consider.

hammadshahir Updated 

Just reminds of $FB last year. $ANET might fill the gap.

hammadshahir

$SPY on support. But danger is not yet over.