moonbright
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$Tesla (TSLA.US)$ elon..im optimistic…i would say whatever i think,… trusting me is ur optimistic thought
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moonbright
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$Alibaba (BABA.US)$ knn, fast sell n run
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moonbright
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KNOCK .... KNOCK
How bad is it, and how long is it going to go?
Well, there is no sugar coating it. It's BAD and even in the realm of bad, it's BADD!
We still have upside, but momentum is weak. I think we are in a correction for more upside. But the upside will probably be weak. This is a sell the rally, short the rally time. $E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
The white line at ~12700 is the "line in the sand." I believe this is the support for the pullback. See ...
How bad is it, and how long is it going to go?
Well, there is no sugar coating it. It's BAD and even in the realm of bad, it's BADD!
We still have upside, but momentum is weak. I think we are in a correction for more upside. But the upside will probably be weak. This is a sell the rally, short the rally time. $E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
The white line at ~12700 is the "line in the sand." I believe this is the support for the pullback. See ...
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moonbright
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Another lame quick update, I can not seem to get a sleep schedule yet🫠 I have posts I just can't seem to finish, and so I end up with quick updates😮💨
OK I expect down. It is still a melt up. The negative divergences formed. We should be on our way down. But how far?
$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
i $E-mini Dow Futures(MAR5) (YMmain.US)$
$Tesla (TSLA.US)$
resistance is at 197 and support near 187
$First Solar (FSLR.US)$
This is a stock that leads me to believe...
OK I expect down. It is still a melt up. The negative divergences formed. We should be on our way down. But how far?
$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
i $E-mini Dow Futures(MAR5) (YMmain.US)$
$Tesla (TSLA.US)$
resistance is at 197 and support near 187
$First Solar (FSLR.US)$
This is a stock that leads me to believe...
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moonbright
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MELT UP!!!
It's a melt up. Don't worry about news or valuations or fundamentals or anything else. This is a melt up. I warned this was a possibility. This is going to go up until it's done. When is it done? when the MACD divergences form on the 1 hr and daily (the daily requires a day of selling, so it will be delayed but more accurate)
$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
This has taken off and left 5 days' worth of gaps. Gaps get closed. When this turns, it is goin...
It's a melt up. Don't worry about news or valuations or fundamentals or anything else. This is a melt up. I warned this was a possibility. This is going to go up until it's done. When is it done? when the MACD divergences form on the 1 hr and daily (the daily requires a day of selling, so it will be delayed but more accurate)
$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
This has taken off and left 5 days' worth of gaps. Gaps get closed. When this turns, it is goin...
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moonbright
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When to start investing? The standard answer you heard is probably NOW!
This is true to some extent, but if we dig a bit deeper, a better interpretation might be: the best time to start learning about investing is NOW, but the best time to invest is when an asset's market value is below intrinsic value.
Amid such a sharp pullback from last December, some investors have cashed in on their money, waiting for the"right" moment to enter trades again. F...
This is true to some extent, but if we dig a bit deeper, a better interpretation might be: the best time to start learning about investing is NOW, but the best time to invest is when an asset's market value is below intrinsic value.
Amid such a sharp pullback from last December, some investors have cashed in on their money, waiting for the"right" moment to enter trades again. F...
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moonbright
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Quick post, and just a reminder iam BEARISH, this is a bear market rally - a good one (as I predicted) but it is nearing its top. Sometime next week? Time is the hardest to predict (that's why you always give yourself some extra time in options) but mid August was my turning (market peaking) point (around the 20th).
So what is driving this rally?
If you want news I have none and don't care. The driver is all the people who are short, that continue to pile into positions with ton...
So what is driving this rally?
If you want news I have none and don't care. The driver is all the people who are short, that continue to pile into positions with ton...
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moonbright
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We did not break out above resistance yet. And technically we still have not rejected resistance also. Check out the link to see what I'm talking about.
The week is almost over and the NASDAQ futures are still flirting with this long-term channeling resistance. I have already mentioned that this is a very strong resistance level to watch. In the weekly candles below you can see how we have a doji star that is formed on the weekly candles right at ...
The week is almost over and the NASDAQ futures are still flirting with this long-term channeling resistance. I have already mentioned that this is a very strong resistance level to watch. In the weekly candles below you can see how we have a doji star that is formed on the weekly candles right at ...
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moonbright
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If you've been following my BABA trade then you would know it's not doing too good today. We are still above support so I'm holding the few contracts I have left.
Just check out the value of my options contracts in the picture below. Yesterday they were 30% in the profit and today they are 30% in the negative. This is as an example of how out of the money options can be very risky from day to day. This is why I...
Just check out the value of my options contracts in the picture below. Yesterday they were 30% in the profit and today they are 30% in the negative. This is as an example of how out of the money options can be very risky from day to day. This is why I...
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We are entering an odd point in the markets, this is a bear rally - and I now think a good one. The decline in the dollar is letting the markets recover, this looks to continue. The VIX looks to slowly pulldown to 22. But not all stocks are treated as equal. Oil looks oversold but can stay at these ranges for a while as the 50MA and shorter Moving Averages (9, 13MA) continue to close the gap between them, OR it can rally to close the gap (oil stocks look to be going into a rally, a...
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