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META

Posted by matt on 13th of May 2024 at 09:49 am

META - Chart Link- backtested that broken trendline last week and rejected there

Airlines

Posted by matt on 13th of May 2024 at 09:45 am

JETS - Chart Link Airlines ETF looks decent

DAL - Chart Link Delta been on fire

GE follow up, wedge playing out

Posted by matt on 13th of May 2024 at 09:42 am

GE - Chart Link- price tagged the symmetry target and bounced off that low. Watch  symmetry though because if price goes back down and breaks symmetry, then you have an Inverse H&S that could form on a lower high bounce

YINN, BABA

Posted by matt on 13th of May 2024 at 09:39 am

YINN - Chart Link- rally continues in China

BABA - Chart Link- BABA following up, have liked the weekly for a while

VIX 60 min

Posted by matt on 13th of May 2024 at 09:34 am

$VIX - Chart Link- gapped from that divergence off the March lows

A great listen, and hilarious seeing Pelosi squirm

Posted by matt on 12th of May 2024 at 12:10 pm
Title: A great listen, and hilarious seeing Pelosi squirm

I know Steve was bushed earlier, been a long week for him.  I have to run out to an appointment right now, thanks guys

Update: GE nice short - thx morton

GE nice short - thx morton

Posted by matt on 10th of May 2024 at 03:51 pm

GE - Chart Link- first main targets would be the 20 day SMA and symmetry of the wedge, but if symmetry is broken, then there's a strong chance of the lower high rally forming a RS of a H&S top.  Rising wedge patterns often morph into H&S patterns

GDX comments

Posted by matt on 10th of May 2024 at 02:56 pm

GDX - Chart Link- logical area for price to consolidate

GDX - Chart Link- daily view - technically since price did make a minor new high could be a wave 5 and then a get a larger abc correction, but too early to call that, for now price pulled back at that double top resistance 

BITI and Bitcoin

Posted by matt on 10th of May 2024 at 01:57 pm

BITI - Chart Link- nice move from my post this morning

$BTCUSD - Chart Link-

Bitcoin 4hr

Posted by matt on 10th of May 2024 at 12:47 pm

$BTCUSD - Chart Link so far a 3 wave pullback to the 61.8% Fib area

GE nice short - thx morton

Posted by matt on 10th of May 2024 at 12:39 pm

GE - Chart Link really like that wedge

Update: Bitcoin and BITI

Bitcoin and BITI

Posted by matt on 10th of May 2024 at 12:33 pm

BITI - Chart Link- updated view

Update: Update: SPX 60 min

SPX 60 min

Posted by matt on 10th of May 2024 at 10:55 am

SPXU - Chart Link- nice bounce, in this, and nice pullback in SPX

$SPX - Chart Link-

I posted this an hr ago when prices were up giving a heads up warning

nice pullback in the market since and nice bounce on that SPXU

side note: one of my

USD and 10 Year Yield ramp

Posted by matt on 10th of May 2024 at 10:54 am

side note: one of my brothers, who owns a decent size business with a lot of employees - he deals with both government and private sector - he told me a few weeks back that for the first time in years he's started to see his customers get a LOT more cautionary, wait on purchases, hold off on buying, etc. He deals in security cameras, remote card access, some remove HVAC monitoring. and generally this type of business is where people don't easily pullback spending on, not like luxury items you don't need or going out to eat etc, these are more necessities 

the 'consumer' isn't happy

USD and 10 Year Yield ramp

Posted by matt on 10th of May 2024 at 10:51 am

the 'consumer' isn't happy

Bitcoin and BITI

Posted by matt on 10th of May 2024 at 10:48 am

BITI - Chart Link Bitcoin has been dumping, see tradingview chart

BITI 15 min had sort of an abc pullback

SBUX

Posted by matt on 10th of May 2024 at 10:36 am

SBUX - Chart Link- major target is that 9 EMA on this CCI bungie bounce setup

been a nice trade!

Update: SPX 60 min

SPX 60 min

Posted by matt on 10th of May 2024 at 10:15 am

SPXU - Chart Link- here's the SPXU chart to go along with that SPX 60 min. Maybe a hedge with a very tight stop if you are holding tons of longs you don't wish to exit right now

AVGO Broadcom one to monitor

Posted by matt on 10th of May 2024 at 10:11 am

AVGO - Chart Link- had a big run from those Oct lows, and part of the AI stuff, semiconductor.

anyway it's been consolidating for a while in this pattern, one to keep an eye on

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