Trading Analysis

Forecasting and investing In financial Markets using technical and fundamental analysis

[Todd Gordon @ToddFGordon]

#SP500 testing the 127.2% Fib extension at current levels. Reversal possible?! I wrote an article about it on @CNBCPro https://t.co/8xdP5r3z82

[Aleksandar Koprivica @AlexKoprivica]

$XLE
Interesting...XLE is testing 0.786 fib here

[Todd Gordon @ToddFGordon]

Gold FALSE BREAK?! As an equity bull I'm VERY concerned about the possibility of a wave-5 ending diagonal FALSE break in gold while below $2356.

Many don't realize that stocks, treasuries, FX, crypto, AND gold are all trending higher for the similar macro reasons. If gold fails then FX fails (USD rallies), treasuries fail (rates higher), and stocks likely fall.

Bottom line, if you want to be bullish on equities you want to see gold move above $2356

[Aleksandar Koprivica @AlexKoprivica]

$AIG
This guy needs a boost....

[Aleksandar Koprivica @AlexKoprivica]

$COIN
Crypto stocks soon at resistance as well as BTC, ETH

[CNBC Sport @CNBCSport]

“Is there any sign that it’s overcooked?” @SullyCNBC asks about #Bitcoin.

“No, I don’t think so,” says @ToddGordonTA after $BTC surged above $72,000.

[Aleksandar Koprivica @AlexKoprivica]

$AMZN
Looking here for possible ending diagonal. Not so clear so far

[Todd Gordon @ToddFGordon]

I wrote an article for @CNBCPro talking about concerns with $NFLX heading into earnings. I hold a 3% allocation in my growth model, but was cautious into the report on fundamental valuation, non-participation of rotation within comms sector, and Fib retracement resistance on weekly at $513. Welp, trading $534 after hours and if defended that’s very constructive. https://t.co/eelmiIC3a0

[Aleksandar Koprivica @AlexKoprivica]

$AZTA
New position on our members swing desk portfolio derived from RRGs scans

[Todd Gordon @ToddFGordon]

Equity Put/Call ratio bumped up to resistance levels typically accompanied by drops of 5%+ in the SPX. All the SPX did this time was consolidate sideways below all-time highs as sentiment grew very bearish; this is a bullish market tell

[Aleksandar Koprivica @AlexKoprivica]

$RIOT
Our RIOT call more then month ago

[Todd Gordon @ToddFGordon]

Quick $3400 on a zero DTE $NVDA call spread.

BUT...

I HAVE to stop day trading. Even when the market is offering free money. I'm NOT 25 years old anymore. I am a medium-to- longer term portfolio manager. Grow up Todd.

[Aleksandar Koprivica @AlexKoprivica]

$URA
URA is moving up as per our wave count few months ago

[Aleksandar Koprivica @AlexKoprivica]

$TSLA
Be carefull what you wish for...😂

[Todd Gordon @ToddFGordon]

Yes, I have serious concern with the current market position.... https://t.co/8ie5J3wboZ

[Aleksandar Koprivica @AlexKoprivica]

$GRID
looks nice - potentially uptrend just on its way

[Todd Gordon @ToddFGordon]

Just published an article on @CNBCPro about Nvidia ($NVDA) https://t.co/IgS8P3Od35 The stock FINALLY broke out above $500 resistance after a bout of under-performance in the back half of '23 on news that they are to start producing the US export law-friendly H20 chip headed for China. As we move further into the 'exponential age' is the semi-behemoth reasserting its dominance? It's the 3rd largest holdings in our growth portfolio at Inside Edge Capital, and I hold the stock personally, in a big way :-)

[Aleksandar Koprivica @AlexKoprivica]

$PRA
Here as well

[Aleksandar Koprivica @AlexKoprivica]

$NDX
Nice on the NDX...maybe one more up..??

[Aleksandar Koprivica @AlexKoprivica]

$TSLA
How cool it will be to buy TSLA here .....😂🤣🤣