hmmmmm ImageImage
volume 👌 Image
boom! HOD Image
$28+ AH - gap up Monday?

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More from @coiledspringcap

11 Oct
#stockmarket WE update. Sometimes when everything seems to be working, breaking out, acting as it should or we hope, IMO, means things are getting too easy. My gut says we are there & time to retrench a bit. Last wk pump job screwed the bears but could mean now we fall harder....
#Stockmarket hard to know how this shakes out but as you can see in this thread, my indicators are flashing yellow. currently w/ first Demark Seq 13 sell last wk since the low & new aggressive seq 13 w/ so sto overbot. also hitting wkly resistance. but Prop up tgt =29526... ImageImage
#stockmarket #SPX also w/ a Demark Seq 13 sell looming if trade +3509. Slot sto also overbot. upside & downside Trend factor lvls in white boxes. 3rd D-wave tgt @ 2975. currently hitting 1.5x upside level.... Image
Read 15 tweets
21 Sep
#StockMarket I hope you all had a great WE. Some quick mkt thoughts as head into a new wk. Last WE I suggested a break of 50day/wk low could yield #SPX 3280ish, we reached 3292. RSI divergence was erased; next Demark Trend Factor levels: 3262 & 3200 (coincides w/ 3180 area)....
#StockMarket #SPX I also mentioned the pot'l for a midwk turnaround on Demark exhaustion signals but early wk strength negated the count & has now started over. the Naz also erased its count & now has a Demark propulsion down tgt of 10470. still looks very vulnerable....
#StockMarket #SPX did close below the important 10wk for the first time while the Naz closed below for the 2nd wk in a row = not bullish....
Read 12 tweets
19 Jul
#StockMarket officially back from Vaca & back in the saddle. The call last week to fade $QQQ was the correct one. -5.7% peak to trough, & the argument for rotation pot'l also occurred. That said the mkt is stubbornly resilient and tough to be too bearish, yet i remain cautious:
#StockMarket $QQQ weekly ugly candle on elevated volume and last time we saw that happen, more weakness ensued. RSI continues to neg diverge & now threatening to break the RSI trend line. MACD neg divergence as well w/ recent lower high and neg cross again....
#stockmarket #SPX looks much better and arguably looks and feels like wants to break out. meaningful supply zone ahead to be aware of w/ a break higher of last wk high, w/ new tgts 3257 and Covid gap resistance of 3360. pot'l for SPX +MACD monthly cross soon = bullish MT....
Read 17 tweets

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