Trading Notebook: $STUDY $BAC $MRNA $TNX $CNX
This is why the interest rates going up is so bad for the economy, and almost inevitable it breaks something in the system....Declining tax revenue, parabolic interest payments, and spending [...]
Trading Notebook: $VIX $RIOT $TNX $LULU
$VIX Bears 11 times in a row continue to reject any movement above this threshold. Tight consolidation and continues to get rejected on the breakout attempts. Heavy resistance at the [...]
Trading Notebook: $GLD $VIX $JPM $RCL
Massive rally in $GLD today pushing it above two separate resistance levels today. Watch as it tests the 200-day moving average now $VIX with a break back above major resistance. [...]
Trading Notebook: $GLD $XLE $IWM $TPST
$GLD getting some push back here at the resistance from the broken descending triangle $XLE Watching for a pullback to the rising trend-line here. $IWM broke the rising trend-line today, [...]
Trading Notebook: $TPST $DAL $BTC.X $BSX
$TPST might be one of the biggest one-day pump and dumps I've ever seen. You can expect plenty of bag holders to come out of that as they pile into [...]
Trading Notebook: $GME $XLY $JOBY
$GME with multiple layers of resistance from the declining trend-line to the price level resistance. Good chance of a rejection here. Base breakout for $XLY today. $JOBY breaking the declining [...]
Trading Notebook: $FL $VIX $LMT $PLTR
$FL breaking Sept highs, and attempting to fill the gap from August lows. Hard fade in $VIX today, with the lower-channel band getting tested again. A break to the downside [...]
Trading Notebook: $AAPL $META $CRM $DDOG
$AAPL broke back above short-term resistance, just be aware, if you played the break that a short-term declining trend-line could come into play and reject price. Some really heavy call [...]
Trading Notebook: $COST $GBTC $BYND $VIX
$COST breakout holding so far, but very little upside move since pushing through the resistance - just consolidation. Key support lies at the rising trend-line. Triangle in $GBTC nearing a [...]
Trading Notebook: $JETS $MKC $URA
$JETS nearing a potential bounce off of long-term support here from '20. UPDATE: $MKC Following a break of the head and shoulders neckline, watch the rising trend-line getting retested from [...]
Trading Notebook: $COTY $NEP $NEE $MKC
$COTY Head and shoulders formed and testing the neckline for a confirmation. Heavy sell-off from peak right shoulder, better to see some consolidation or bear flag, before breaking down, or [...]
Trading Notebook: $TNX $TGT $DHI $RIVN
$TNX 10 year yield suggests we may very well hit 5% before the end of the year - very scary scenario for the entire economy, and a resistance level that [...]
