UPDATE Fabruary 16!
No, that's not a typo because today is going to be FABULOUS
While most of America enjoyed the Superb Bowl, iam was plotting and scheming for THIS MOMENT!
Shorts will cover. Price will rise. Certain stocks will explode! iam looking at you, MARA, TESLA, SNAP, LUCID. Everyone who has been shorting FED releases since November is trapped. Today is payday! PPI (Producer Price Index - manufacturer inflation data) gets released at 830am EST, 1 hour before open. Markets have cooled off enough to fuel the rocket 🚀🤑
This is a topping and the END of the structure. When it is done, it will break down. After it breaks down, It will try another run, which may go higher (if too many new retail shorts enter, this could extend to ????, it wants your money) but will most likely be a feeble retest, trapping overextended bulls.
That being said, something in this markets movements is off.![]()
![]()
![]()
I suspect a little shallower target of NQ 15250, QQQ 320. So PLEASE, PLEASE, PLEASE - take profits, but also, i wouldn't go short.
- Here we go -
$Invesco QQQ Trust (QQQ.US)$ i lean 320, not 324. Be careful
$Alibaba (BABA.US)$ WAKE UP!!!!! I actually have a theory about this, but I will spare you it.
$Stem Inc (STEM.US)$ Look at that!
$Marathon Digital (MARA.US)$ I bought 6/10 spreads expiring friday, for pennies in early Jan[Tongue]
$SPDR Gold ETF (GLD.US)$ $E-micro Gold Futures(DEC4) (MGCmain.US)$ Gold could be finding a base, I still dont like it, and would wait for it to stabilize
$Tesla(TSLA.US)$ Why chart? its going to run until it can't, and it's a sprinter! 🏃♂️
BE SAFE
BE WISE
BE CAREFUL
and as always
GOOD LUCK ![]()
![]()
a quick glimpse at futures.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Engineer, Commodity Buyer, Alert Bettor,
Tesla 🌬 Commodities BULL🐘 Precious Metals Dragon 🐲 and OIL Trumpeter 🗣🎺
9021Followers
224Following
41KVisitors
Follow
YYDW : Where will Tesla go before it goes downhill
iamiam OP YYDW : Don't know, 225 is resistance, if it can break that then 260!? [Shocked][Shocked][Shocked]
101828445 : Hello Iam! A question! In a melt up, what indicators do you look at? Since RSI indicator isn’t as accurate in melt ups![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
NewMe : Oh!! Has anything changed? PPI data plunges the market...
NewMe : The premarket i mean..
iamiam OP 101828445 : MACD on the hourly or 15 min should show divergences
iamiam OP NewMe : no, it's pulling back is all. if it breaks below 303, then things could be different
Kaeltharlas : Think you might have to delete this post
FFIETOTHEMOON : US market dropping very sharp
Clownfish Art : read your post every morning thanks for your perspective!
View more comments...