Swing setup: no change, wait for dip setup to buy. 1.PNG Intraday: new swing high, it is bullish bias, lots of support below, a closed above red line is a sign of bullishness moving forward. a closed below will be seen as weakness. 2.PNG Internals: bullish bias.no sign of weakness to call to atm. tr...
Nothing much to add besides what I have said on Friday. Earning season, election year, stock buy back window. let see how the coming week unfold. Look at the Mega Caps momentum, there is a sign of improvement. 1.PNG NVDA is hitting resistance, if next week it breaks out above 61.8% it will be a full...
what is your time frame of trade :) Swing setup: bears got one good bite that's all she wrote, next dip will be bought. 1.PNG Intraday: new swing high, it is bullish bias. to maintain a positive price action into tomorrow bulls must hold up and close above the red line. 2.PNG Internals: bullish bias...
If there's will there's way. a mission to move above 50 DMA. I don't see a problem, taking oil and few commodities down during election year, it has been a good game in the past.
This rip will be sold, until this setup fails, then bulls will have a say. I am not sure if it will trigger today or by end of day. first thing first. (RSI<70 = trigger)
sellers were cautious at this level. I will use my red line as a pivot, sellers be careful of a bullish piercing, it could rebound right back to 38.2% in a hurry.
Bonus chart: will the Fed provide optimism to the next hourly green bar before new LL? we will find out tomorrow. EIS bar assist trade reminder. I think the bottom is in for intraday today, if I have to guess. agree with cobra chop chop end of of day. Peace!
How today's closed candle will tell. short term very overbought at the upper BB resistance or mid BB resistance. the pull back around here is common. so, lets not pretend to be a surprised.