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 [...]
Trading Notebook: $PLTR $F $CCL $FSR
Instead of confirming the head and shoulders, $PLTR managed to bounce off the neckline, and create a short-term double bottom scenario. $F has a promising setup if it can break [...]
Trading Notebook: $CBRL $GME $UNH $AAPL
$CBRL has pulled back significantly to its long-term support. Last time this was tested was the covid lows. Also has a +8% divi currently. $GME couldn't hold the break above [...]
Trading Notebook: $TNX $NEE $AROC $RTX
Impressive stock market bounce, but if those rates don't come down, the rally will fizzle as well, and so far the rates haven't budged. $TNX $NEE nearing the closest thing [...]
