QQQ has printed a very obvious trading range pattern. This is a very simple trading idea. But sometimes the more straight forward trade is the best. On 12/24/24, 1/13/25 and 1/27/25 QQQ hit range lows around 500 - 505. On 12/16/24, 1/22/25 and 1/31/25 QQQ hit range highs around 530 - 535. So until there's a breakout or breakdown of this range pattern, I will stick...
Mega cap earnings get started today. Here's a comparison chart of META, TSLA, MSFT, AAPL, GOOG & AMZN. With the ticker Tracker MFI oscillator on the 1 day ext chart 3 month view. Below is the list of dates and times of their earnings release. META 1/29 4:05pm Consensus EPS = 6.68 Revenue = 46.98 B TSLA 1/29 4:05pm Consensus EPS = .75 Revenue = 27.61 B MSFT...
Tomorrow 1/29 at 2pm FOMC interest rate decision followed by a press conference at 2:30pm. As you can see on this SPY 1 day chart, FOMC days and the week following has a checkered past for bulls. Moving average levels: SMA20 = 593 SMA50 = 596 SMA100 = 585 SMA200 = 560 7/3124 5.5% 9/18/24 5% 11/7/24 4.75% 12/18/24 4.5% 1/29/25 expected 4.5% SPY options...
Apple Q1 earnings are on Thursday 1/30 at 4:30pm. Apple (AAPL) reported earnings of 1.64 per share on revenue of 94.93 billion for Q4 ending September 2024. The consensus earnings estimate was 1.49 per share on revenue of 94.48 billion. The company beat expectations by 0.61% while revenue grew 6.07% on a year-over-year basis. The company said during its...
Every investor and trader has at sometime wished they had a crystal ball. You can do your own due diligence, taking the time to do technical and fundamental analysis weighing market sentiment and still not be 100% correct every single time. As the saying goes, hindsight is 20/20. So with that said, if you look back at Bitcoin's price discovery history, you can see...
BOJ interest rate decision tonight. 1/23/25 10pmEST cons = .5% prev = .25% 7/30/24 act = .25% prev = .10% 3/18/24 act = .10% prev = -10% USD/JPY longer time frame 100 & 200 moving averages trajectory has moderated from a steep upward slope to a relatively neutral slope, ever since BOJ .25% interest rate decision in July. The faster time frame 20 & 50 moving...
NFLX will rocket to 1100 after a brief pullback. Previous all time high will be the first place to look for a long trade. Trade idea: long = 942 stop = 930 profit = 1100 Options data: 1/31 expiry Put Volume Total 29,405 Call Volume Total 56,545 Put/Call Volume Ratio 0.52 Put Open Interest Total 16,822 Call Open Interest Total 17,012 Put/Call Open Interest Ratio...
There was a Solana meme coin frenzy this past weekend after Trump made his own, followed by Melania making hers. SOL/USD hit an all time high of 295. TRUMP coin low to high was 76 cents to 77 dollars and MELANIA high to low was 15.50 to 3.28. Before this weekend the most well known Solana tokens were BONK & WIF. Since TRUMP & MELANIA are so new, I'm publishing my...
Bitcoin Cash golden cross is a buy signal before January 20th. When a 100-day moving average crosses above a 200-day moving average, it's commonly referred to as a "golden cross". Indicating a potential bullish signal, suggesting a possible shift from a bearish trend to a bullish trend in the market. In 2023 BCH went from a low on January 20th to a high of + 214%....
Solana is at a major support level. SOL/USD tapped it's EMA200 at $175 yesterday. Also, it's currently trading near it's S3 level on the TTCATR indicator set to EMA20 with ATR3. Plus, it's RSI is at 31 oversold. And lastly the $180 zone has acted as a resistance area in March, May and July, so now it has flipped that to a support area. Trade idea: Long = 180 Stop...
Here's a YTD bitcoin comparison with the top market cap cryptos. With the tickerTracker MFI Oscillator on the 6hr chart. BTC = 6% ETH = 0% XRP = 55% SOL = 12% DOGE = 20% ADA = 27% AVAX = 12% XLM = 45% LINK = 14% SUI = 13% HBAR = 32%
The CPI represents changes in prices of all goods and services purchased for consumption by urban households. User fees (such as water and sewer service) and sales and excise taxes paid by the consumer are also included. Income taxes and investment items (like stocks, bonds, and life insurance) are not included. Prices for the goods and services used to calculate...
(NOL) nano Crude Oil Futures printed a diamond top pattern on the 4hr chart. A diamond top pattern is a technical analysis pattern that often occurs at or near market tops and can signal a reversal of an uptrend. This is a possible short entry / take profit from long position. The timing on an oil pullback could last approximately 2-3 days. This pattern is...
Here's a (NQ1!) Nasdaq 100 quarterly candlestick logarithmic chart. With a trajectory trend channel based off 20 years of price discovery history. And 4 year vertical lines based off US president terms. Plus, 1 year vertical lines to forecast the possible ROI range in the future. This 20 year trend is invalidated with a break of the support or resistance...
The S&P 500 Index has been ranging sideways since the US Election gap up on November 6th 2024. SPX support is by the October 2024 high 5850 area. Resistance is by the 6050 zone, even though there was an attempt to hit 6100 in the beginning of December before the FOMC rate cut and government shutdown fear drop on December 18th. Trading a range simplifies long and...
This is a MicroStrategy vs Bitcoin comparison chart. I multiplied MSTR shares x 500 to get an average value of MSTR in relation to BTC over the last 4 years. As you can see, as of October 2024, MSTR had a massive disconnect compared to BTC's price action. I see this as a red flag and reason to take caution going long MSTR while it's so overvalued compared to BTC....
Microsoft earnings is on Wednesday, 1/29/25 at 4:05pm. MSFT is showing 3x buy signals. MSFT touched it's SMA200 at $417 yesterday. Also, it's trading inside it's green support zone area of a 1 year uptrend channel. Plus, there's a bullish reversal printing on the stochastic indicator. Q2 Dec 2024 Consensus: P/E = 34.8 EPS = 3.14 Revenue = 68.90 B Trade...
This is a long EUR/USD trade idea based off the past 2 years trend channel support and resistance levels. Also, the stochastic indicator is oversold on the weekly chart. Simple and straight forward. 1: 3 ratio Long = 1.043 Stop = 1.033 Profit = 1.073