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IWM - Wedge-like pattern on the 5m - note the MACD.

I'd not be surprised by a either a gap-filling surge ~183 or a dump to ~176 into the close, but probably will just chop in the range.

https://www.tradingview.com/x/posSVuZe/ 

Cannabis sector having a good

Posted by Orangeman on 20th of Jul 2022 at 11:03 am

Cannabis sector having a good day...

MJ up 5%

CRON 8%

MSOS 8%

VVIX Chopping around at resistance here.

Posted by Orangeman on 8th of Jul 2022 at 12:03 pm

VVIX

Chopping around at resistance here.  Looking at VVIX which is pretty stretched - has been a reliable signal lately:

https://www.tradingview.com/x/hAJ8eW1F/ 

MARA - big % gainer

Posted by Orangeman on 8th of Jul 2022 at 10:33 am

MARA - big % gainer last couple of days

https://www.tradingview.com/x/s0jmp1Ss/ 

@matt - any update on

Bear long important comments

Posted by Orangeman on 29th of Jun 2022 at 02:56 pm

@matt - any update on the Bear Long sys trade?  Still meeting exit/stop criteria?

GDX Weekly

Nearing the .618 retracement of the mega rally off Mar 2020 lows.   https://www.tradingview.com/x/Rivsv3kt/ 

OIH - minor symmetry break

Posted by Orangeman on 27th of Jun 2022 at 10:19 am

OIH - minor symmetry break on this morning's bounce.  RTM oppty so far.

60m - shows the sell off from mid-June with bounces noted: https://www.tradingview.com/x/t4iFPqZ2/ 

Daily - shows fibs from Mar 2020 and Aug 2021 lows.  Note the cluster around 220 where it found support last week: https://www.tradingview.com/x/uU3AzJvT/ 

VVIX  daily -   I

Posted by Orangeman on 22nd of Jun 2022 at 09:30 pm

VVIX  daily -   I think that these indicators can be pretty spurious in this kind of chop, but is worth keeping an eye on.

I can't tell which view I like:

 1) MACD and stochs pinching down, with price well below 110 and looking like they could slice through the mid BB - https://www.tradingview.com/x/GmY78SSl/ 

2) MA ribbon pinching; possible bounce - https://www.tradingview.com/x/QXZCBlj2/

No dog in this fight personally.  Is a great time to sit things out and wait for a trend to take root.


XLK - daily  - note

Posted by Orangeman on 13th of Jun 2022 at 11:24 am

XLK - daily  - note symmetry and downtrend line - that 124 area looks like a lower risk area for a quick-ish  RTM long.

https://www.tradingview.com/x/2Nz3z5TT/ 

HYG

Daily - https://www.tradingview.com/x/o3T8Wock/- bouncing off the 20, some room to move up to the 9.  MACD back to around zero.

Daily w/ MA ribbons bunched up here after some volatile moves - https://www.tradingview.com/x/5UE1kmL6/ 

Shorter time frames:  Below the 9 on 120 and 60m views, sitting right between the 9 & 20 on a 15m chart.   Near term resistance around 78.3-78.5.

IWM - 60m  - watching

Posted by Orangeman on 6th of Jun 2022 at 11:10 am

IWM - 60m  - watching this wedge, might take another day to resolve one way or the other.

https://www.tradingview.com/x/XFkHMAHx/ 

IWM   15m - powered through

Posted by Orangeman on 1st of Jun 2022 at 01:41 pm

IWM   15m - powered through VWAP - so far   https://www.tradingview.com/x/EZaavWwo/ 

Wise words as evidenced by the selloff as the futures opened.  Thanks Steve.

Really like to see those big green bars into the close!

Here is hoping we can sustain a rally for more than 1.5d.

IWM - watching closely here,

https://www.tradingview.com/x/zx1bIivS/ 

Maybe breaks trend line & blasts off, maybe carves out a right shoulder, maybe heads straight for the ditch...  Interesting times.

Whaaaa?

TSLA

Posted by Orangeman on 20th of May 2022 at 09:55 pm

Whaaaa?


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