Market Captain

Supply & demand/consolidation exit trader. Sailing the sea of markets, sharing ideas to help others. Trade for income, invest for wealth. Not financial advice.

[Market Captain @MarketCaptain_]

@traderboog Still made it as a great lawyer

[Market Captain @MarketCaptain_]

@SpyHatesMe

[Market Captain @MarketCaptain_]

@SpyHatesMe

[Market Captain @MarketCaptain_]

@ChartsJavi

[Market Captain @MarketCaptain_]

@ChartsJavi

[Market Captain @MarketCaptain_]

@traderboog

[Market Captain @MarketCaptain_]

@kpak82 Once I internalized that the bull or bear part refers to the preceding action and any flag, pennant, wedge can resolve up or down regardless, it effectively doubles the amount of resolution setups you are prepared to take.

[Market Captain @MarketCaptain_]

@Widelady Distribution back to origin on lower volume now going sideways and reversing. Even a kill candle will probably be bought here, healthy retrace.

[Market Captain @MarketCaptain_]

@hekyoda A c c e p t a n c e

[Market Captain @MarketCaptain_]

@JaviCharts

[Market Captain @MarketCaptain_]

$QQQ

Exiting the banana, hard to sustain that acceleration but did hold the major volume area from the last few weeks.

[Market Captain @MarketCaptain_]

@FSTrades This and $PYPL have probably created more opportunity cost in the past year than any other tickers

[Market Captain @MarketCaptain_]

@hekyoda @CordovaTrades @JollibeeTrades hook em up

[Market Captain @MarketCaptain_]

@FSTrades Personally this is a wait and see if it can firm up. 4th knock on that support means residual demand may be expended and that wick down could be revisited on any weakness, the volume on the sell on the last day makes me think the first bounce will be short lived. Knife catch.

[Market Captain @MarketCaptain_]

@801010athlete Agree, more characteristics of a quick sharp done flush

[Market Captain @MarketCaptain_]

@thuhkang

[Market Captain @MarketCaptain_]

@dafster17

[Market Captain @MarketCaptain_]

@YocumsCharting Short fixed income was one of the most successful trades of the last two years, breaking with a lot of historical precedent. It probably became crowded and is now doing a lot of unwinding after the peak and the island top at the end of October. Levels seem unresponsive so far.

[Market Captain @MarketCaptain_]

@dafster17 Classic move, monster gap down on earnings, price goes back for the boys trapped on the island, they get their exit into the llamas.

[Market Captain @MarketCaptain_]

@PharmD_KS