Hello everyone! Today i want to share some trading ideas with you!1. $SPDR S&P 500 ETF Trust(SPY)$ Monitor rejection this morning— failure to hold this morning rally for me will set the stage for a larger decline. I am short here as I think this spot to be meaningful risk/reward for a trade. Turf the idea > 6000Follow me to learn more about analysis!!
Hello everyONE! Today i want to share some technical analysis with you!1.Should the $.SPX(.SPX)$ rally towards ~5900 (+/- 15) and find rejection, I will think a larger decline is in store than previously shared 5650-5750SimpleFollow me to learn more about analysis!!
Hello everyone! Today i want to share some trading analysis with you!NAAIM Index at/near levels that marked lows in April & August of last yearSentiment (CNN Fear & Greed) in a similar spot. $Cboe Volatility Index(VIX)$ Follow me to learn more about analysis!!
Hello everyone! Today i want to share some macro analysis with you!1. $.SPX(.SPX)$ master analysis visualized> 6000 Good< 6000 Bad2.The S&P 500 outlook in the near terms is very simple.Above 6000 GoodBelow 6000 BadA psychological value plus the proximity of the often referenced 20-d moving average makes the area meaningful. Conditions under surface such as breadth and momentum point to “Bad”On the other hand a 30-50pt rally for the index has become common place, and above 6000 quickly hits pause on the bear thoughts.Follow me to learn more about analysis!!
Hello everyone! Today i want to share some technical analysis with you!1.Have been a buyer of $Alibaba(BABA)$ and $TENCENT(00700)$ in early December— one up, one down. Alibaba looks like it will go a bit lower— 78-80While Tencent is consolidating nicely. I continue to like both trades & think the dip from early October highs is one to buy[Happy][Happy][Happy]Follow me to learn more about analysis!!
.SPX: There is significant psychological support at 6000
$.SPX(.SPX)$ thoughts: the index remains above its short term moving average (6023)— breadth as measured by net new highs across NYSE and Nasdaq markets has been negative for three consecutive sessions, and momentum is pointing downward. There is significant psychological support at 6000. In the scenario where pride trades below 6000, breadth is negative and momentum pointing down— I will take defensive position. Otherwise I remain positioned for melt-up trade via ARKK, and a handful of other small cap US equities. Outside of the US equities I remain a bull participant in Chinese equities like $Alibaba(BABA)$ and $TENCENT(00700)$ . I view the most recent decline
Hello everyone! Today i want to share some technical analysis with u！1.Really good performance from $Alibaba(BABA)$ , $TENCENT(00700)$ and $JD.com(JD)$ . Continued strength here will make the late November trading shape a bottom for the corrective move.Follow me to learn more about analysis!!
Hello everyone！Today i want to share some trading analysis with you! $Tesla Motors(TSLA)$ is Cathie Wood's top holding in $ARK Innovation ETF(ARKK)$ . Everyone can see Tesla positioned for a breakout, after a few years the 2021 - 2024 periods looks like a wide consolidation of the preceding 2019 - 2021 advance.Tesla consistently above 400 is one of the 'melt-up' ingredients.Follow me to learn more about analysis!!
Hello everyone! Today i want to share some technical analysis with you!1. $ARK Innovation ETF(ARKK)$ The mainstream narrative this year has been too focused on the ARKK ETF being a wealth destroyer, meanwhile the ETF is breaking out of a two and a half year long consolidation. 👀👀👀👀👀👀👀Follow me to learn more about analysis!!
Hello everyone! Today i want to share some trading ideas with you! $ARK Innovation ETF(ARKK)$ in my opinion will be one of the best melt-up trade vehicles. This is a clean breakout out of a multi-year consolidation.Follow me to learn more about analysis!!