| Author | Source |
|---|---|
| u/gherkinit |
Good Morning Astronauts!
Seatbelts Buckled?
Luggage packed?
Exit Strategy Read? Understood?
I hope so Cause we are about to have an pretty crazy day.
Europe already reporting margin calls…
Remember if everything goes down, and it gets crazy, I may have to walk away.
Try to remember the things you learned here .
Remember to have a plan.
I love all you damn beautiful apes!
Or more Sideways Chop! Either way, good stuff!
If you want to find out where your wife’s boyfriend’s VWAP is check out the stream on YouTube
For our live audio feed the Discord
(save these links in case reddit goes down)
Historical Resistance/Support:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
After Market Wrap Party
Here are the stats for today looking bullish heading into tomorrow I’d like to see us keep above 162.5 in after hours and look to test 170 in the AM. SPY looks really choppy like it’s being floated so I expect to see some downward action on it tomorrow as open interest on the options chain drops off. Thank you again for all the support we now have a subreddit for the stream over @ r/dillionaires. I will continue posting here every day. See you bright and early for another exciting day!
-Gherkinit
Oh and here is the pennant we broke out to the upside…
That 1:30 -5:30pm prediction on my last DD was so spot on….feels nice
Edit 11 3:05
Power hour trading up slowly at 167.05 check out our new subreddit at r/dillionaires lol
Edit 10 2:07
Join stream for updates or discord I cannot leave trading screen to type updates for the time being
Edit 9 1:54
Volume check Back in the wedge check titz jacked ….you know it :)^^!<
Edit 8 1:47
Retesting 157 volatility looks like it’s picking up
Edit 7 12:36
Back up again. Higher high could be the beginning of an uptrend
Edit 6 12:13
Crossing above VWAP our volume is still too low to move independently of the overall market
Edit 5 11:11
Dropping with the market if we cross VWAP there could be a dip. Right now looks like chop on the upside of 152.50
Edit 4 10:50
Failed test at 157 but it looks like we are gonna break back into the wedge for today. :) ^^!
Edit 3 10:35
Testing 155 looks good if we pass back up into the wedge it could get crazy also call volume at 160 is decent all the way up to 200.
Edit 2 10:16
Failed another test 152.5, looks like our battleground for the day
Edit 1 9:45
Broke 152.5 buy side stronger but volume is still low
Pre-market Analysis
Pre-edit 2:
Volume low but we are moving up @ 147.50+ / 38k volume
Pre-edit 1:
Currently trending up, I’d like to see an opening bell test of that 152.5 resistance. Remember that lower band breakout on the wedge was today between 1:30 and 5:30. Also some 5/13 DFV tweet way back.
TTM Squeeze and BB/KC are primed and ready to blow
Finally here is the wedge for the day
MACD D Below.
*This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.