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QQQ testing bottom line of flag

UPDATE: broke

RBLX - cup and handle

Posted by timebandit on 24th of Oct 2023 at 12:17 pm

RBLX - cup and handle look, gap just overhead

QQQ - bear flag but

Posted by timebandit on 24th of Oct 2023 at 10:51 am

QQQ - bear flag but momentum and breadth are strong. Caution here near the upper line

LULU - nice megaphone

Posted by timebandit on 24th of Oct 2023 at 10:36 am

LULU - nice megaphone

Both the $VIX and $VVIX

Posted by timebandit on 23rd of Oct 2023 at 02:36 pm

Both the $VIX and $VVIX are looking to give buy signals, unless the markets sell off hard in the next 90 minutes

This is purely speculative, as

Posted by timebandit on 23rd of Oct 2023 at 02:12 pm

This is purely speculative, as that lower line has a pretty steep angle

Volume breadth has been better, $NAUD a bit stronger than $NYUD

HYG nice bullish engulfing candle

Posted by timebandit on 23rd of Oct 2023 at 02:00 pm

HYG nice bullish engulfing candle up to 9 ema, which mirrors similar drop in $TNX to its 9 ema. Where next? Is this just a RTM move or will they follow through?

OIH - drew this diamond

Posted by timebandit on 23rd of Oct 2023 at 10:34 am

OIH - drew this diamond a couple weeks ago, expecting to redraw the lower right line due to lack of touches. So far so good

Maybe it will happen again, but I remember a couple years ago when a number of OPEX selloffs had follow through down the next Monday, as margin calls came in at least into early afternoon, so I'm keeping an open mind.

Monthly insider buying chart broke trend line last month with follow through this month, though month has a ways to go

Same result as the last one.  Very weak market

Sorry, I'm not sure about this now. At the end of the day yesterday, $VVIX was above the upper band, but it looks like it may have been adjusted downward later. It's hard to tell. If it did close above, it was by a hair. My bad.

IWM losing short term support.

Posted by timebandit on 19th of Oct 2023 at 02:17 pm

IWM losing short term support. Longer term support around 169 if it doesn't recover here

$VVIX is in play for

Posted by timebandit on 19th of Oct 2023 at 02:12 pm

$VVIX is in play for a buy signal, however it is just below the upper band, so could be negated if the markets sell off here. The buy signal earlier this week was only good for a one-day pop

Another one for you, DigiNomad. The right side is dotted because not a lot of action there yet

NFLX up 9% so far

Posted by timebandit on 18th of Oct 2023 at 04:06 pm

NFLX up 9% so far after reporting

VVIX closed back above the

Posted by timebandit on 18th of Oct 2023 at 04:05 pm

VVIX closed back above the upper band. $VIX did not.

No sooner did I draw it than it broke down

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