ReactReflect

ReactReflect

Looking at the last Sept correction, all of the three legs has a drawdown of around 8%. First wave took 23 bars. Currently, we've are 20 bars into the first down leg with a drawdown of 8%. QQQ at 413 is the VWAP from the Oct, 2023 low and the top of the Jan base. It was almost touched on Friday. If we get one more down day, it's likely a good buying...

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last gasp failed breakout. BTC has a pattern of fake up and drop.

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At this point it's too obvious and the longer it stays put the more suspicious. Holding and see.

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1. Demark 13th, aggressive, combo, and sequential 2. RSI overbought. previously after reaching this level, a pull back of 10% ensued 3. Reaching previous resistance of 100 in late 2022 5% stop. Target: 10% for 1/2 and 15% for the rest.

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Touched the top of the down channel in a straight line, almost up vertically. Overbought

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Powerful Biotech HTF. Very tight, and clear VCP in 1h. up on market down days speaks strength. RISK: flag a bit short market negative too obvious???

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straight up to prev resistance and reversed. Semi overall in a cyclical down trend, dead cat bounce may have reached its end

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Frozen rope short. Up 18 days in a row, extremely extended. RSI at extreme Up 40% since last earning. target 1: 21 EMA for 1/3 target 2: prev base high for 1/3 trailer 1/3

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1. ER disaster & Bounce and roll structure 2. break volume POC 3. MA congestion 4. Lower high and reversal at high. Cannot break 50MA Also note the negative vol profile Fundamental peaked. Next year earning negative and decreasing but PE still high, may need to catch up to the downside. This could be an example of price leading the fundamental, where the...

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bear flag. under 50d. popped flag high and 50d and rejected. Related news: MSFT cloud weakness. IBM cloud could be impacted. So bought on IBM up and MSFT/GOOG/AMZN down big RS also starts to lag

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living under 50MA, rejected stop above vol POC, and above the downward trend line risk/reward: 1:2

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MA congestion and turning down, under all MAs. staggered stopped @3% and 4.5% for half of the exposure respectively. Closed 25% at 5% gain to finance the 4.5% stop. target close at 23. Risk 4% for 16% gain.

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MA congestion and turning down, under all MAs. staggered stopped @3% and 4.5% for half of the exposure respectively. Closed 25% at 5% gain to finance the 4.5% stop.

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* Lagging SPX. * Crawling under 200MA * Big outside reversal in a huge up day. * Vol shows clear distribution * Under volume POCv Stop placement is difficult and wide. Keep position small

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under most MAs testing 50 big high vol reversal 6 days ago, followed by a mild bounce and faded. bad earning drop with no reason bounce with market. RISK: CRWD earning today, risky

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Top of the downward channel. Frozen rope rise. reaching volume POC and previous congestions. Extended from 50D. PE 27 high compared to growth. earning steady. Institutional support dwindling Total Risk: 3.87%

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1. Extremely extended from 50d(17.65%) 2. Reaching into last year's congested area. Volume POC hit. 3. Rise in a straight line. "Frozen rope" patten.

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1. previously have failed the 150-151 resistance 5 times, could work again. 2. short term extended. 25% above low. 3. big earning drop and no-reason bounce with the market. 4. Fundamental deteriorating, earning, sales, margin all dropping. Yet PE still high at 32. 5. Institutional support is dwindling