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Great pattern on that chart, I've put a stop below yesterday's low for half, then a crash stop below the 50ma for the other half.

QQQ, 15 minute chart. What's

Posted by frtaylor on 18th of Mar 2021 at 11:51 am

QQQ, 15 minute chart. What's that old saying, when an irresistible force meets an immovable object....

SPX 60 min chart, with

Posted by frtaylor on 16th of Mar 2021 at 02:31 pm

SPX 60 min chart, with two Fibonacci retracement profiles.  A bit hard to read, admittedly, but look at the callout boxes. Three sets of fibs line up about perfectly with each other.  The blue horizontal lines are the bottom of each of the two fib's.

There's also resistance above at 10.55, which is 50dma.

ZNGA, 60 minute chart.  It

Posted by frtaylor on 16th of Mar 2021 at 12:53 pm

ZNGA, 60 minute chart.  It has a level here at 10.47, maybe will break today or tomorrow?

You could always paper trade or trade a super small position, one you don't mind losing, say, 1/2 of.  For me they are mostly too hard to trade, even w/ small positions. I have made lunch money but that's it.

nice chart, thanks

DUST bullish falling wedge 

Posted by frtaylor on 16th of Mar 2021 at 12:05 pm

nice chart, thanks

We're in business, stop at 397.23 SPY.

Interesting: IWM has an inverse head & shoulders playing out.

needs to drop from about here or I'm out.

SPX 5min chart, a little

Posted by frtaylor on 16th of Mar 2021 at 11:53 am

SPX 5min chart, a little head & shoulders looks to be playing out. Re-tes of neckline right now.

On the /ES 30 min chart, is that a DeMark 9 that's out of view except for the bottom-most part of the 9?

heavy selling - wonder if we get a washout. Would be nice to buy either one if that happens.

NVDA hitting the 200 DMA,

NVDA follow up

Posted by frtaylor on 4th of Mar 2021 at 02:06 pm

NVDA hitting the 200 DMA, hasn't done that for almost a year.

ZNGA coming into support area.

Posted by frtaylor on 4th of Mar 2021 at 01:53 pm

ZNGA coming into support area. Four previous highs all in the 10.15 - 10.70 area. No divergences on either the MACD or the RSI 5 on daily or intraday charts, however. I'll wait for a trigger - candle pattern - with some divergence.

https://stockcharts.com/h-sc/ui?s=ZNGA&p=D&yr=0&mn=9&dy=0&id=p94918683950&a=844118395&listNum=59

Nice chart, thanks!

QQQ Daily Updated View

Posted by frtaylor on 4th of Mar 2021 at 01:51 pm

Nice chart, thanks!

Notice where we're stalling right here - at that prominent top from last September.

The Q's, daily chart showing

Posted by frtaylor on 4th of Mar 2021 at 01:22 pm

The Q's, daily chart showing the head & shoulders. I thought it was interesting that the full measured move comes right down to a prominent support up trend line, which is formed by three higher lows in 2020. If we're lucky enough to get down to that level, it'll be a great area to look for bottoming signs.

From my chart last Friday,

Posted by frtaylor on 1st of Mar 2021 at 09:54 am

From my chart last Friday, here's a 15 minutes chart showing the conservative (3887) and full (3929) measured moves for the SPX inverse head & shoulders.

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