Are we witnessing a perfect oscillation here?
SPY 65-MIN CHART
Oscillators are meant to oscillate back and forth from the top of its band to the bottom of its band.
I pay attention when my oscillator starts to make high...
My market motto is, "sell when I am cocky as f*ck and buy when I am scared-sh*tless."
During the March of this year, when we went through that 20% flash-crash on SPY in just over a month, I knew this was going to be one of the biggest buying opportunities w...
Oscillator hit "overbought" zone about 2 weeks back.
So it pulled back to the key moving average ("short-term" MA) and been holding above it ever since.
SPY DAILY BARS
So, the market has been chopping in the last two weeks waiting...
In this 3-min video, I explain the key moving average for next week and the potential scenario to play out.
An excerpt from the Mini Club member video
It was dumb.
But I kept hearing about it and the more people talked about it the more bullish I got.
What was I keep hearing about??
The "death cross" signal.
Basically, mofoz be putting two long-term moving averages and they observe the cross down...
In this compelling 7-min video, I break down the daily and weekly charts on SPY/QQQ explaining the major signal that has just flared.
This video is an excerpt of the TC member video from last night
That bullish divergence is now fully matured (here are the SPY video and QQQ chart when it was just breaking out)!
So, now that the oscillator is at the 'extreme overbought' zone, isn't it suppose to bearish??
Normally it would be, at least in the short-...
Market's entire goal is to trap you and fake you out.
So, let me tell when when I say that the market rarely, I mean RARELY, respects pivotal levels to the 'T' as you can see below.
You are currently witnessting a chart that the levels are getting perfec...
REVERSAL CANDLES
The Three White Soldiers (weekly candles) are here.
Witnessing, these, consecutive, three weeks of bullish candles are rare especially after a steep decline we've seen last few months (because the market, typically, don't go straight up duri...