UPDATE? March 20/21
I was going to post this in the group, but I will just make it public.
I'm doing a controlled burn 🔥 so that I can begin planting soon. Therefore, this will be written in between checking on my fires 😆
That's the thing with controlled burns. I can leave it, it can look extinguished, but as long as it burns underneath, I just need to stir it up to ignite it again. 😉🤔
Here is where we are.
2 hr chart
on the 2 hr chart, we have reached a 9 count to a reversal (it just means buyers are tired. They've been buying for 18 hrs). I expect a pullback and then rally.
* This picture is incorrect. it should pull back to a low around 18350, but more likely is 18580 with the strength of this rally. and can go up to 18800. ignore the ~16800. sorry, iam very tired 😫
Weekly
just to show the extending rising wedge
we hit my upper trend. now I expect a pullback to around ~16350 while waiting for more economic data tomorrow.
Here are my thoughts.
Powell set the market up for higher jobless numbers. He said increased jobless numbers wouldn't be a reason to raise rates. He said it would take more data. Home sales have been good and steady. PMI and manufacturing data can do whatever the market is on a mission to finish its cycle. I warned ⚠️ that it wanted new highs. After I warned of a temp top. We got both. The temp top, a drop, and now new highs in futures. Almost 18600. Now let's finish it.
I want 450 on the Qs. I'll take higher to 460, as high as 525, but The Stones said it best...
🎵 "You can't always get what you want
but if you try sometime you'll find
you get what you need" 🎵
When this is done, it will sell off VIOLENTLY.
beware. until then, ride the waves 🌊🏄♂️
2 hr
Don't become liquidity. If you are scared or don't know what you're doing, don't do anything. 🙅♂️ Why play in the fire 🔥?
Me, I like controlled burns 😁 They give me a chance to get rid of some old overgrowth and make room for new plantings.
Here is what I sold today.
EVERYTHING 😆 almost seriously. if it's not a miner, I sold it. i sold portions of everything. I bought some physical metals. If you follow me, you know I had platinum futures. it ran from 910 to 928, where i sold, I bought it back in at 920 and sold at 950. yesterday and today, I took some of those profits and bought some physical platinum and palladium. This is how we win.
I didn't buy anything today. I'm good with what I hold. Tomorrow, I want to see everything fly (or drop if we run up overnight). I then want to see the rotation continue, AFTER the pullback. Oil is hitting a spot to pull back. Metals and energy are all near resistance. I would like to see Platinum and Palladium continue to drop. They and crypto are running hot right now. I do not expect it to continue, but we will see.
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I wanted to create a list of stocks I bought to track on moomoo to share. but I'm finding it difficult 😕 it wasn't as easy as I had hoped for
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I thought I could just show all my buys and track it. but there are too many 😕
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I thought I would be able to show buys and sells of everything, but i can only figure out how to do it one by one.
Here is an example. I sold some DVN calls. but kept my stock. I can also sell upside calls for more income. I don't on moomoo, but with my other accounts, I actively sell upside calls.
Unsupported feature.
Please use the mobile app.
Unsupported feature.
Please use the mobile app.
I will figure this out better in the future.
I will be starting a new work project soon and am traveling for
So, if I do posts, it will be between games and not done while monitoring the markets. I may check on the markets at night and do some follow-ups. 😉 we will see, it depends on how happy iam 😀 😆🏀 one of my teams lost tonight, but I wasn't going to Ohio to see them. I've got 1300 miles between destinations as it is 😅
Let's GO Dogs and Cats!!!!
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Here are some stocks i own and what I'm looking at for the future
🇧🇷
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Brazil ETF
🇦🇷 Argentina
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Argentina ETF
in it as it melts up. INFLATION 🔥 (look familiar 🤔)
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I still like Tesla
I sold my near dated options but still hold most my position.
Weekly chart.
if we break below the previous little hand written 2 in the circled (?) area at 152.37, then the count is wrong and must be adjusted. I lose some money and adjust. If we are in a larger set-up. well, then - I win 🏆 😆
Here is what I sold all of, and that pisses me off, and I want it back 🤬🤣
but I can be patient. The new rotation.
Daily
Above the 200 MA on a good strong run.
Weekly
The pentagon is where we broke out of RSI. The blue area is where the investors switched over. Lots of turnover. the old disbelievers are out. The new believers are in. Hopefully, the washout is done, and we can just reward the believers.
Weekly, zoomed in
All of that turnover as price just slowly drifts towards the weekly 200 MA (yellow line), where it didn't even touch and went BYE BYE 👋
Weekly
9 count, very vertical (my options went from 2.90 to over 10.00)
What I want
I also sold out of, but I may get back in. 😅
there is nothing here but a whole lot of questions that need answered. will support hold? (blue, and yellow lines)
will it get above the mid bollinger? (middle white line)
Be Safe, Be Careful, Be Wise
and as always
Good Luck ![]()
When the end comes,you will know. if you're in it, it will wipe you out instantly. 60-0 😆 be very careful 🧐
I like miners! Miners of everything in the earth 🌎
these are most of my South America holdings: in order of my holdings.
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Engineer, Commodity Buyer, Alert Bettor,
Tesla 🌬 Commodities BULL🐘 Precious Metals Dragon 🐲 and OIL Trumpeter 🗣🎺
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Here4moola : Thank you, this is great. I am in similar positions and doing well. What group were you referring to regarding where this post would be placed?
iamiam OP Here4moola : just my moomoo group
iamiam OP :