drop, rally, big drop

١٩ أغسطس ٢٠١٩

drop, rally through September, big drop through the Fall (my opinion).

٢٤ أغسطس ٢٠١٩

ملاحظة

I was heavy short (PUTS) in spy, fang, tech stocks prior to these down moves. Pay attention to this trend:

٢٦ أغسطس ٢٠١٩

ملاحظة

٢٧ أغسطس ٢٠١٩

ملاحظة

٣٠ أغسطس ٢٠١٩

ملاحظة

I keep a close watch on SPY- my larger renko block chart shows a bearish stoch/rsi trend and the price is in the zone now..

٤ سبتمبر ٢٠١٩

ملاحظة

should have downward move to (E)- All the other drops were very quick - wouldn't be surprised to see another one... keep an eye on Trumps twitter page, ha!

the big Q- is this a bearish pattern or bullish? Simple answer- I don't know. I suspect it will be bearish but I also suspect some trickery. If we get a break above I will wait for it to rally and then consider increasing my short position into any rally.

٢٥ سبتمبر ٢٠١٩

ملاحظة

٤ أكتوبر ٢٠١٩

ملاحظة

we have no confirmation of this but the measurements are not far off so far- possible xabcd bullish harmonic pattern.. these are hard to spot/trade. Butterfly patterns have a range of 1.21-1.61 X-D measure (same as the crab pattern).. but worth watching for potential buy zone around Nov..

٢٤ أكتوبر ٢٠١٩

ملاحظة

hmmm, I just get the feeling that something is about to happen very soon

٢٥ أكتوبر ٢٠١٩

ملاحظة

(d) reached. I'm now wondering if it breaks above this sym. triangle and goes for that upper pattern (circle). I'll be ready if it does