USO ... don't forget to look at your weekly charts. WEEKLY 50 SMA is where USO has been perched for the last 12 WEEKS. WEEKLY USO with the 20 50 200 SMA gives hints
AMZN .... i took short ahead of earning citing the 20 50 and 200 sma set up on the WEEKLY chart... target is the lower BB 160 on AMZN WEEKLY. someone seemed to know something as the short interest in AMZN went up 15% today which is a big one day move in my opinion. no big risk as i bought 3 FEB 175 PUTS FEB ... take a look at CMG ahead of earnings. this is ridiculously overvalued and overbought. they value CMG at $10 million per restaurant LOL .. its overbought technically, risk/reward
the top is in 666x2 = 1332 ... topola. the weekly $SPX has the 50sma pointing lower as it madea a bearish with the 20sma crossing and still failing to get back above. the WEEKLY SPX says lower. 1267 is the 50sma weekly ... that is my next target
@maximumvalues so is this run up a double top or does it create new highs? Everything looked like it made sense and this morning BOOM, what a ripper to the up side. Short Squeeze before the fall?
I hear you when speaking of shorting the resent top, as I nailed $10.96 on SPXU but the real question is will we see 1250 or even 1269 on the S & P which is a key level, or are we just looking at the 1300 which is the 10 day moving ave? As always thanks for your daily input.
does this tecniques apply on forex?
nordstromjohan 1 month ago
@nordstromjohan they teach you how to read the charts, so yes
cantwinall 1 month ago
Man the explanation is top notch with this guy.. Impressed more and more every day..
Atrociteeshirts 1 month ago
USO ... don't forget to look at your weekly charts. WEEKLY 50 SMA is where USO has been perched for the last 12 WEEKS. WEEKLY USO with the 20 50 200 SMA gives hints
maximumvalues 1 month ago
AMZN .... i took short ahead of earning citing the 20 50 and 200 sma set up on the WEEKLY chart... target is the lower BB 160 on AMZN WEEKLY. someone seemed to know something as the short interest in AMZN went up 15% today which is a big one day move in my opinion. no big risk as i bought 3 FEB 175 PUTS FEB ... take a look at CMG ahead of earnings. this is ridiculously overvalued and overbought. they value CMG at $10 million per restaurant LOL .. its overbought technically, risk/reward
maximumvalues 1 month ago
the top is in 666x2 = 1332 ... topola. the weekly $SPX has the 50sma pointing lower as it madea a bearish with the 20sma crossing and still failing to get back above. the WEEKLY SPX says lower. 1267 is the 50sma weekly ... that is my next target
maximumvalues 1 month ago
@maximumvalues so is this run up a double top or does it create new highs? Everything looked like it made sense and this morning BOOM, what a ripper to the up side. Short Squeeze before the fall?
MrYatesj1 1 month ago
The G-man! Great calls, thankssss!
carla01010101 1 month ago
I hear you when speaking of shorting the resent top, as I nailed $10.96 on SPXU but the real question is will we see 1250 or even 1269 on the S & P which is a key level, or are we just looking at the 1300 which is the 10 day moving ave? As always thanks for your daily input.
Peas'
MrYatesj1 1 month ago
thanks G
jenpaulino1 1 month ago