weaponizedgamma

weaponizedgamma

Tencent has bottomed. - Inverse H&S - High volume - Support from 200 WMA - Support from trend line - Oversold RSI What else bottoming out needs? Nothing IMO.

weaponizedgamma

- Inverse H&S - High volume - Support from 200 WMA - Support from trend line - Oversold RSI What else bottoming out needs? Nothing IMO.

weaponizedgamma

Tencent has bottomed. - Inverse H&S - High volume - Support from 200 WMA - Support from trend line - Oversold RSI What else bottoming out needs? Nothing IMO.

weaponizedgamma

Seems like its working. Multiyear price channel didn't break.

weaponizedgamma

Multiple different stock chart patterns, where every pattern is bullish.

weaponizedgamma

Apple has been trading in a nice looking price channel for a while now. Every time it hits the upper channel line, it gets smacked down.

weaponizedgamma

It worked again. S&P 500 has not been able to break out from this resistance level since GFC.

weaponizedgamma

Third day below 50 DMA. It's clear that breakout has happened. It will take some time before the ship turns. As long as S&P stays below 50 DMA, I am bearish.

weaponizedgamma

after 540 days of S&P 500 going basically straight up there is a crack in "smooth market functioning". Breakout from the rising wedge and breakout below 50 DMA. This will cause a major correction between 10-20%.