Everyone should know about this developing head & shoulders on S&P 500
21 Week EMA would be the target to watch for.
IF we breakdown.
Now- It holds
If we fail to make new highs, this is will come into play especially given the mid term seasonality is still there but maybe delayed.
$SPX
Investors should make note of things right now.
> Bitcoin is testing 200 week SMA for the first time in 3 years
> Bitcoin weekly RSI has a positive divergence now.
> Bitcoin is at same price it was during 2021 highs. Call it Breakout retest.
If Bitcoin can break above 75,000, I'd call this downtrend is over.
Do people still appreciate these once a month Bitcoin thoughts?
If all you ever did was:
1. Find trending stocks
2. Buy them at daily 21EMA
3. Ride them until it breaks
you'd not have to worry about what others think of a stock.
Study: $SIVE $INTC $MRVL $MU $NOK $SNDK
All trends start at 21EMA.
All of them.
Let me be real.
Politics aside, we're here to make money.
Trump wants to keep the markets up at any cost. Why?Maybe until him and his associates exit?
He will drop it down, when he wants to buy back.
That's your opportunity to buy aggressively
Feb is your reminder.
Use today to get rid of shitty stocks from your folio.
We all have stocks which didnt turn out how we wanted them.
Today would be a day to part ways with them.
RSI is no longer oversold. 2.5% bounce
but people are not fully pricing in.
- Trump wanting to keep war quiet.
- Trump wanting to invest in AI.
They dont want the rally to stop. At least for now ?
$QQQ
My good dip buy level for Nasdaq this year was 555. It hit and the market bottomed.
My ultimate target for Nasdaq was 739. We overshot and pulled back sharply.
Keeping a neutral mind right now.
But my next prediction: "A deep pullback to 650 will be your next BIG MONEY opportunity."
Because you're going to see Nasdaq hit 778 next in the next 10 months.
Trump not wanting to strike back Iran
Trump wanting to buy AI stocks
Jensen has an exciting announcement
Has nothing to do with Fridays market turd drop.
One serious dip and we now have:
Nvidia CEO says they might “reveal some announcements” tomorrow
US Government wants to buy AI stocks
All of this: while Nasdaq hourly RSI oversold
They're gonna pump this back up eh. 😀
$QQQ $SPY
I cannot emphasize this enough. If you score 2-3 times a year- you can make a decade’s worth of return in a year. Do this for 5 years- You can literally change the entire trajectory of your new few generations.
Every year one big correction comes, you nail down that dip. Easiest money you will make.
Then you have the mini pullback, when price drops below key EMAs and reclaims. Thats when you enter fav stocks at key levels.
Feb to April- Big correction
April to June- Easy money
June - The first dip
Next? You see money moving around but market gets back to an uptrend.
Thats fuckin it guys.
The timing of everything was just impeccable.
> PDT removal
> SpaceX IPO
> Fib extension
> Offside move
> Potential Rate hike
Bulls were trapped.
Retail was baited.
Nobody was expecting this outliner more and this is why you saw some crazy shit.
Nasdaq dropping 1500 pts on a single day is one of the wildest candle we have seen lately,