All in the video under the previous channel would be very bearish and probably mean they want to test the neckline of the head and shoulders, from there I would think a sideways consolidation would happen. SOXX (semiconductors) also mentioned towards the end.
ความคิดเห็น:
watch for a reaction at the lower channel line
ความคิดเห็น:
backtest of 4220 area should be a solid short
ความคิดเห็น:
this is what it looks like into tomorrow.
ความคิดเห็น:
so far it looks correct - float up overnight. Will they reach the trendline? hard to tell, but it's an obvious target for a short entry - about 4420.
ความคิดเห็น:
powell speech at 10am, this still looks possible to me.
ความคิดเห็น:
link to powell speech at 10am www.youtube.com...ive/A9Pz0vIi5yQ?si=7DhoAxx...
ความคิดเห็น:
a move up after the speech is possible, but i still think it would be a selling opportunity.
ความคิดเห็น:
target area reached during the speech. I think this area is a selling opportunity
ความคิดเห็น:
should drop the rest of the day
ความคิดเห็น:
QQQ also with a false breakout - target 348
ความคิดเห็น:
another short opportunity here as far as I can see.
ความคิดเห็น:
if this keeps rallying they will probably push over the powell speech high, it would take out shorts and convince traders to go long over the weekend. If that's the case it would be a fine bull trap and I would expect a hard gap down monday to kick off the week.
ความคิดเห็น:
yeah I think they are going to fool bulls and trap bears into close. I'm not changing anything. Out for the rest of today, see you next week.
ความคิดเห็น:
channel held, I expect lower on monday but we'll see.
