Reid Langston

StrikeForceFinancial - Premium, data driven stock newsletter that delivers high-confidence trade ideas and deep market analysis.

[Reid Langston @StrikeForceFin]

Google #Google , a major market leader, went from the 270 level to the 400 level. It formed a modified head and shoulders and now sliding back down.

If it breaks these levels, it will will keep going down, about a 10%-20% trade.

[Reid Langston @StrikeForceFin]

We pointed out the trade on Gold on Friday. We pointed out using GLL to take advantage of Gold decline.

That's a 12% trade so far.

[Reid Langston @StrikeForceFin]

Gold has broken below the trend line, broke below the wedge formation. This is but an indication of a possible down trend. We still need confirmation.

Stay tuned, will update you.

[Reid Langston @StrikeForceFin]

@NoLimitGains The sellers are more aggressive than the buyers. Why? Because people are taking profits, taking money off the table, no big deal.

[Reid Langston @StrikeForceFin]

@Barchart Panic is generated by panic posts... This is just a normal market.

[Reid Langston @StrikeForceFin]

@AverageTrader42 @TedPillows We are long ways away from a 20% decline.

[Reid Langston @StrikeForceFin]

@Etsphonebill @AshCrypto No, the market leaders are coming down. This is just a normal market, no reason to panic.

[Reid Langston @StrikeForceFin]

@dantrad14 @KobeissiLetter Exactly, welcome to a normal market

[Reid Langston @StrikeForceFin]

@WOLF_Financial Anything Elon Musk.

[Reid Langston @StrikeForceFin]

@Barchart Every post on X today is a panic post. The market went up 20% in 10 weeks. This is just profit taking, no big deal.

[Reid Langston @StrikeForceFin]

@cmsinvests Every post on X today is a panic post. The market went up 20% in 10 weeks. This is just profit taking, no big deal.

[Reid Langston @StrikeForceFin]

@brewmarkets Every post on X today is a panic post. The market went up 20% in 10 weeks. This is just profit taking, no big deal.

[Reid Langston @StrikeForceFin]

@GrindeOptions People buy, people make money, people take profits, they take profits by selling, that causes prices to come back down.

[Reid Langston @StrikeForceFin]

@HeroDividend The rally was very thin, mainly tech and AI companies. The rest of the market was not supporting the rally.

[Reid Langston @StrikeForceFin]

@bespokeinvest Simple profit taking, they have gone too far too fast.

Learning to count waves is very helpful in knowing when the trend will end.

[Reid Langston @StrikeForceFin]

A collapse in Gold can be taken advantage of with a bear ETF.

[Reid Langston @StrikeForceFin]

A great way to take advantage of collapsing oil and gas is a bear ETF.