Share this page!

Ophir Gottlieb Profile picture
Twitter logo
Feb 3 • 6 tweets • 3 min read
Soon Pattern Finder will have distance to congestion in the screener; can find charts with favorable to risk: reward.

Here are a few examples; note distance to support (nearest congestion below stock), and distance to resistance (nearest congestion above stock.

/1
$CCU

/2 ImageImage
$CE

/3 ImageImage
$APTV

same set-up but off of a cup with handle

/4 ImageImage
$CHWY

/5 ImageImage
...anyway, this is just a taste.

You can watch a quick video about all of this on the page below (middle of page):

patternfinder.cmlviz.com/pattern-finder…

6/6

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Ophir Gottlieb

Ophir Gottlieb Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @OphirGottlieb

Ophir Gottlieb Profile picture
Feb 2
Some breakout charts; may need rest but good to form a list

$SILK

All of these come from Pattern Finder

Substack:
patternfinder.substack.com

Platform:
patternfinder.cmlviz.com/pattern-finder…

🧵/1 Image
$TTD

🧵/2 ImageImage
$AEIS

🧵/3 ImageImage
Read 6 tweets
Ophir Gottlieb Profile picture
Jan 18
• Fed's forecast for year-end rates: 5.1%

• Market pricing year-end rates: 4.36%

• Manufacturing in contraction
• Services in contraction
• Industrial production contraction
• Retail sales contraction

And this is w Fed officials calling for at least 75bps higher rates.
Nov showed the highest tech job cuts ever (since tracking began in 2000 / Challenger Report) at 50K.

Just *this week*, two companies (MSFT, AMZN), announced 28K cuts.

/2
So why raise rates?

Bc Core CPI /PCE remains elevated.

And why is it elevated?

Bc of shelter services (aka rent).

So what about rent?

/3
Read 5 tweets
Ophir Gottlieb Profile picture
Jan 18
Short 🧵on charts

$SDRX Through 18-month and 3-year resistance

(patternfinder.substack.com)

/1
$TXRH

Through 3-year resistance

🧵/2
$XP

Through 18-month resistance

(patternfinder.substack.com)

🧵/3
Read 6 tweets
Ophir Gottlieb Profile picture
Jan 13
Was hoping for abrupt CPI, like -0.4% MoM vs 0% consensus.

Got -0.1%, nice, but not needle moving for Fed, IMHO, unfortunately.

I like to say "inflation is the only thing that matters," but @jfahmy says it better:

"How the Fed sees inflation is the only thing that matters."
And I don't think that the Fed's vision was changed.

Perhaps that shelter lag will finally crack (32% of CPI and 40% of Core CPI) soon.

The read was supper hot (+0.8%), but we know real-time looks like the charts below.

Has to break soon or Fed could muck this all up.

/2 ImageImageImageImage
*super
Read 4 tweets
Ophir Gottlieb Profile picture
Dec 22, 2022
Somethings I think or I hope and I think that I think them...

Short 🧵

/1
It's interesting how much news we get right at the end of the year.

1. Rents are falling considerably faster than estimates - so much so that they could in fact impact CPI lower even with the lag.

Accelerating deflation even seasonally adjusted.

...

/2
This also means by about May I do think it's possible we have 2.××% YoY inflation on CPI.

As in, the actual number. Like, no qualifications. Just the number. 

/3
Read 15 tweets
Ophir Gottlieb Profile picture
Dec 15, 2022
$SPX This is an amazing real-time change from Pattern Finder.

SPX 5-year support has changed - it's entirely algorithmic, there is no human input, there is no bias. This is strictly an algorithm which takes all of the data into account and draws the most relevant support.

/1
This is today's 5-year SPX chart, and we have drawn in where support was as of just yesterday:

/2 Image
The grey line was yesterday, the red line is today.

The market move off of the Fed decision and press conference has influenced Pattern Finder to draw SPX support lower --

/3
Read 9 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

Send Email!

:(