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AAPL doesn’t look good on

Posted by johnny2012 on 17th of Aug 2023 at 01:27 pm

AAPL doesn’t look good on 5 min. 

Some valid trend lines to

Posted by johnny2012 on 17th of Aug 2023 at 01:20 pm

Some valid trend lines to monitor. Nq 5 min

Looks like an ABC flag

Posted by johnny2012 on 17th of Aug 2023 at 12:03 pm

Looks like an ABC flag type off the bottom again. Would take it down to 14800 area. Nq 5 min. Could also be basing and move up. But feels like lower to me. 

QQQ might as well give

Posted by johnny2012 on 17th of Aug 2023 at 09:57 am

QQQ might as well give up those last few points now and let’s get to that bounce zone. 

Market acting sluggish. Doesn’t feel

Posted by johnny2012 on 17th of Aug 2023 at 09:52 am

Market acting sluggish. Doesn’t feel bullish yet. 

Thanks Steve. That’s the area I’m watching 

UPDATE: Played out to the 14923 area and I covered just to take a break. Would look to reshort on an overnight bounce depending on the nature.

Little bear flag off the

Posted by johnny2012 on 16th of Aug 2023 at 03:39 pm

Little bear flag off the bottom?? Nq 5 min chart. Measures down to near 14900

UPDATE: New low now

NQ now getting close to taking out recent lows. 

So far an ABC off

Posted by johnny2012 on 16th of Aug 2023 at 10:23 am

So far an ABC off todays bottom. NQ 5 min

Can affect NAT GAS fields in the gulf of mexico.. Hurricnes are drawn to them like a magnet.

Update: Head and shoulder finally

Posted by johnny2012 on 15th of Aug 2023 at 03:41 pm

Update: Head and shoulder finally played out.  Took it long enough. Lol 

HAHAHAHAHA

Still looks valid. As a

Posted by johnny2012 on 15th of Aug 2023 at 10:02 am

Still looks valid. As a head and shoulder/top hat. Continue to monitor. NQ 5 min chart. 

“Top hat” formed on NQ

Posted by johnny2012 on 15th of Aug 2023 at 06:22 am

“Top hat” formed on NQ 5 min. 

NQ 60 min. Watching an

Posted by johnny2012 on 14th of Aug 2023 at 07:02 pm

NQ 60 min. Watching an upside target of 15425/15442 based on the bull flag formed today. If achieved would also look like a cup and handle with the handle to the left and we are forming the cup. Could also be a reversal area as well at those levels. But I have that set as the near target for now. Any thoughts on that Steve?

Feels like a weak backtest of the 50 ma on qqq. 

Possible M top. NQ 5

Posted by johnny2012 on 14th of Aug 2023 at 12:13 pm

Possible M top. NQ 5 min

Possible bull wedge forming on

Posted by johnny2012 on 11th of Aug 2023 at 12:32 pm

Possible bull wedge forming on NQ 5 min. 

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