πŸ•΅οΈβ€β™‚οΈ I SPY TA – Monday Feb. 7, 2022 via /r/wallstreetbets #stocks #wallstreetbets #investing


πŸ•΅οΈβ€β™‚οΈ I SPY TA – Monday Feb. 7, 2022

πŸ•΅οΈβ€β™‚οΈ I SPY QQQ TA – Wednesday Jan. 26, 2022

Can’t post photos now I guess…Dont know whats going on.

  • In minor uptrend from 1/24
  • Near larger downtrend resistance 1/04
  • Measured uptrend breakout would put us at about 412 by 2/16
  • Measured downtrend breakout would put us at about 482 by 2/23
  • Essentially consolidated from 2/3 – 2/4
  • 1 Day RSI: 46 (neutral – bearish)
  • 1 Day RSI: Bullish cross on 2/1 still holding

https-bucketeer-e05bbc84-baa3-437e-9518-adb32be77984-s3-amazonaws-com-public-images-33509ee5-7639-49

  • Clear 449.66 and look for 453.05
  • Lose 446.02 and look for 444.05
  • Lose 444 and look for 440.65 – 437.30 – 434.64
  • Break 453.05 and look for 457.63
  • Break 457 and look for 463.99

https-bucketeer-e05bbc84-baa3-437e-9518-adb32be77984-s3-amazonaws-com-public-images-d86e617c-8f02-4f

  • If the 0 line holds on 1 Day CCI we will see some more downside. First few days of this week may set the tone for the month.

https-bucketeer-e05bbc84-baa3-437e-9518-adb32be77984-s3-amazonaws-com-public-images-ddfa3461-b8c4-45

As stated in past posts, if the 1 month MACD line crosses I’ll be a full blown bear for most of the year – unless macros change. The month of Feb. may set the tone for the rest of the year if we cross.

https-bucketeer-e05bbc84-baa3-437e-9518-adb32be77984-s3-amazonaws-com-public-images-1f493272-50ea-49

Key Levels (bold are in play tomorrow)

  • 0 – 473.9
  • 0.236 – 462.66
  • 0.382 – 455.71
  • 0.5 – 450.09
  • 0.618 – 444.47
  • 0.786 – 436.47
  • 1 – 426.28
  • 1.618 – 396.84

https-bucketeer-e05bbc84-baa3-437e-9518-adb32be77984-s3-amazonaws-com-public-images-017021a3-7de0-43

Key Levels (bold are in play tomorrow)

  • 0 – 473.18
  • 0.236 – 469.04
  • 0.382 – 466.47
  • **.**5 – 4463.39
  • 0.618 – 462.32
  • 0.786 – 459.37
  • 1 – 455.60
  • 1.68 – 444.74
  • 2.618 – 427.16
  • 3.618 – 409.57

https-bucketeer-e05bbc84-baa3-437e-9518-adb32be77984-s3-amazonaws-com-public-images-246823f3-373e-4f

Positions:

Took last week off and helped my pops recover from back surgery!

https-bucketeer-e05bbc84-baa3-437e-9518-adb32be77984-s3-amazonaws-com-public-images-2ccf2d55-5953-4b

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Thanks for reading,

🌝NightMan

NOT INVESTMENT ADVICE:

Submitted February 06, 2022 at 04:34PM by jjd1226
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