$SHOP weekly and daily. Been stalking it for a short. Weekly shows the massive wedge break, now a lower high on the weekly below the wedge, and the trigger for me was the lower low below key MAs on the daily. Been much weaker than it's software peers.
@UberEats You're my last hope. Had my Costco membership linked to my Uber Eats account, that membership expired, I then renewed through Costco, but there is no way to re-link it to my Uber Eats account, either on the storefront or at checkout. Help??
Where does $PL think it's going? When I see these putative "bearish " wedges breaking UP instead of down, my spidey senses start to tingle that it is gonna go parabolic. Counter to expected breaks of rising wedges are at the very least, interesting.
$PL update. Long no more. I have maintained that this thing is either going parabolic or its going to collapse from the wedge. Right now all we have is volatility but the bearish read has more credence as of the close today. Again, earnings on Thursday, which will tell all.
$RSP 65-min. I kind of think this ending diagonal is terminal for the equally-weighted $SPX, given that it looks like we will make a lower intraday low if the futes hold where they are. I think it's correction time, hopefully that's all it is. I have no more longs.
@RealSimpleAriel I think META was a clear short today, and I am. Backtested the overhanging 21 and 50 day, intraday lower low below VWAP, 6/20 trigger too.
$CL_F Crude oil, daily and 2 hr chart. I think this is still a risk for the market. A big loose flag, price compressing, this does not look bearish to me. $USO
$C Daily and 130-min. If banks are going to finally see rotation (outside MS and GS) then this one should lead. Good look, base break and backtest on the daily, 130-min chart shows the low pivot @Deepvue RMV pivot takeout, and the recovery of the 21d MA. Healthy.