BTC next big move (trade IBIT)Hold zone 39.00 without more downside move - very good pattern for new ATH, but need Plan B - 0.5 Fib zone under like second try to put size. Let seeLongby mishacherepakhin0
QQQ looks like ready for next ATH moveMacrodata good, last week we saw consolidation and now ready for go up if hold 445-446 zoneLongby mishacherepakhin661
SPY Quarterly Analysis On SPY’s 3M chart, SPY has closed Q1 with a large bullish candle. The current closing 3M candle is accompanied by falling volume. It is also touching the upper Bollinger band, in confluence with a 3rd touch of an uptrend resistance zone. Note that the RSI is also overbought again with a bearish divergence. Heading into Q2, there's been some shaky economic indicators inn addition to mega cap stocks (such as the mag 7) showing some cooling off. I would watch for a pullback candle to form or possible dojo (indecision) candle to form at this level over the next 3 months. I would also watching for an initial move above the current 3M candle at ($523.07) to the 127.2% FIB extension level to start watching for trend changes, as this FIB level is one of the profit taking levels within the FIB extension. On SPY’s 1M chart, price action and confluence factors are similar to the 3M chart with the RSI overbought, a candle closed outside of upper Bollinger band, a slight bearish divergence, and the STOCH starting to curl downward. If April’s candle pushes higher, the levels to watch for targets are round numbers like $525, $530, $535, and $540. NOTE that although I’ve named a few bearish signals, the current trend is strongly bullish with the previous 5 monthly candles all forming higher highs and higher lows. In order for a trend change to occur on the 1M chart, I need to see the current trend line that is drawn connecting the lows of the previous 5 monthly candles, break down with 2 consecutive lower low candles. On SPY’s 1W chart, The most recent weekly candle(March 25th) was a weaker bullish candle. The previous 3 weekly candles were accompanied by consecutive falling volume. The 1W chart also shows an overbought RSI in alignment with the higher time frames. The current uptrend on the 1W chart is also still holding strong. There are 2 smaller uptrend supports to be broken on this timeframe before assuming shorts. For now, buys are still in order unless the first 2 weeks of Q2 are bearish and form strong lower lows after one another. If this happened it would create that breakdown of the current smaller trend line. On SPY’s 1D chart. Price is showing some slowing with sideways movement and strong rejection of the last pivot at $524.11. Again, Unless there is some breakdown of the current smaller trend and a change in structure to the downside creating by a break below the current pivot up(higher low) at $518.40, then every drop in price should be treated as a buy opportunity. For now, the current daily candle could be the beginning of a double top to begin a pullback. A strong candle close above $524.60 will confirm a continuation above. On SPY’s 4h chart, I am currently receiving 2 Jeanius sell signals, further signifying a possible pullback in price going into the 1st week of April. If the market doesn’t GAP, I will be looking for a trend change on the 5min chart for a quick trade to the most recent support and higher low pivot that took place within in the 4h structure. I will wait for the next 1h/4h buy signal from Jeanius to go long for a continuation in structure.. For now I am treating price as if it is ranging until the recent high or low is broken. by Stockstradamus_0
$IWM - Breaking out!AMEX:IWM is breaking out. It is heading towards $230! Stocks in the Russell 2000, like NASDAQ:RKLB and NASDAQ:SOFI , have yet to see IWM gains. But soon, they will get their time in the spotlight.Longby PaperBozz1
DFEN 11/17 17CAMEX:DFEN has shown a pattern of responding positively to conflict, this combined with an earnings event for NYSE:RTX , $NO and NYSE:BA could prove to bring significant upside. 3 Bearish imbalances that need to be filled, PT1 at $16.82, PT2 at $18.12, OB at $20.11. I am bullish on defense earnings due to the conflict in Ukraine. thehill.comLongby greg_trades_Updated 1
$TLT bull flagCan long NASDAQ:TLT here...with a 0.50 cents SL per share Hourly shows SMA support at 93.85 Daily shows SMA support at 94.25 Longby siddheshmuley14622
QQQ SHORT TRENDNASDAQ:QQQ , qqq looks quite bearish for next 2-6 months and im focusing on correction, rsi nearly overbought and fibonnaci zone Shortby Tanish_trades111
Inflation ratios for spotting fed rate trend part 5Inflation ratios for spotting fed rate trend part 5by JoaoPauloPires0
SPY 12-month swing shortThis is a simple mean-reversion bet. As you can see, it's rare for the index to go more than 800 days without revisiting this long-term trendline. There's nothing special about the trendline, it's just a moderately aggressive rate of price appreciation that fits the log chart pretty well. I would trade this idea by purchasing a SPY 455 Put with April 2025 expiration. SP:SPX CME_MINI:ES1! AMEX:SPY Shortby ejpeterson7282
AI hype vs longer trend SemiconductorsIf hype continues to grow for AI and companies continue to increase spending on AI chips then semiconductors can break out of longer trend. Otherwise, the longer trend might see soon see a short term peak or even a 50% decline for SMH before going up to new highs.Longby bryonss01
XLE Uptrend intact?XLE Uptrend intact? Energy ETF is showing a clear uptrend for the last few months. let's see how this trend evolvesby Alphahunter07Updated 113
XLE/SPY Relative ratio long termXLE/SPY Relative ratio long term, now at 2008 levels, still looks good on short term daily chartsby Alphahunter07Updated 113
XLI relatively weekXLI relatively week not a good indicator for cyclical namesShortby Alphahunter07Updated 0
EWZ looking good EWZ looking good looks like Brazil is finally bottomed outLongby Alphahunter07Updated 1
Looks like Oil and Gas Equipment ETF is about to RunLooks like Oil and Gas Equipment ETF is about to RunLongby Alphahunter07Updated 0
CRAK Refiners ETF showing momentum CRAK Refiners ETF showing momentum Adding this to watch listLongby Alphahunter07Updated 0
I SPY a measurable opportunityMonday offers a very interesting setup for SPY. It is above the zero slope MA of highs. Also the RSquared basis the October low is .955 and the January low is .959. The containment ratio since early November is about 4 and since January is about 3. I'm not sure I could fabricate a much more perfect short setup. There is temptation to put on a trade preemptively but I will wait for the break to start. A violation of that zero slope 5 day MA of highs below the Thursday close would be my signal to get in. Could the market go yet higher? Sure. But I would say that the overwhelming opportunity is to the downside. The break could be brief. Days or weeks. But some of it I believe could be severe. Will a Bad Monday follow a good Friday? The Easter egg may lay in puts.Shortby MAgicTrx1
SPY a few counts (possible ending diagonal for Bears)While price seems extreme bullish, (Yellow 1-2, 1-2,....), There is a potential ending diagonal count to be considered at this point. Either way Bull or Bear a slow down or consolidation seems likely. by wolffarchitectureUpdated 7
China Recovery LongWith China in the early recovery stage of the business cycle it may be time to consider a trade to the long side. The FXI is currently trading at the POC line on the 1 year fixed vol profile. We see a series of higher lows after bottoming on January 22, which is also a prior low back in October 2022. The OBV confirms the uptrend and the DI+ recently cossed D- from bellow. I anticipate the ADX rising in the near term to confirm the trend strength. The circle highlights a confluence of points where price is trading at the POC, testing the .5 fibonacci level and breaking out of the wedge. Looking for a close over 24.14 with increased volume. Targeting 27.42 & 35.17 Stop: 23.50Longby Master_of_Fine_Charts0
SUPER STOCKS 2023 notes & issues for POSiTiONiNG there are stocks driven by MARKET .. meaning float is out in the public that normally has a DRUNK price action with gaps and erratic volume there are issues with an assigned Specialist that can TRADE or CROSS huge volume without moving the price or go beyond a range RANGE highlighted ones have been decided by both the MARKET and the MARKET MAKER best of both worlds where artificial price meets the wisdom of PUBLiC Vanguard holds most or is the CUSTODY of most issues Citadel & the gang of 3 manages the FLOAT FUNDS are public PUBLIC is barometer for entry or exit of Sovereign and Trust Fund babies on a 3 5 7 10 year cycle determined by the FED's cost of printing borrowinng and lending note: Market Cap is dated June 22, 2022 ... Bottom are of MARKETS by senyorUpdated 101012
SPY: Bears Will Push The price of SPY will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals113
I am not buying the GLD Breakout storyI think GLD is being distributed and I am not convinced with the break out. This is a classic Wyckoff distribution pattern. Everyone is now talking about the GLD break out which is the perfect time to distribute. It will go up a bit but it will soon come crashing down. Not investment advice, please do your DD Please boost and follow.Shortby BlackisKing553