SmartReversals 📈 @Snart1Reversal

The #Crypto Fear and Greed Index bounced from the low posted last week. It doesn't guarantee a low is in, since a sequence of lower lows were seen in 2024. But for what is worth, most of the down move may be in for $BTC. $ETH $XRP #Bitcoin #stockmarkets

$IWM - 3 critical contextual factors: ➡️A) the presence of a volume gap, which facilitates rapid price transitions between these levels, as recently evidenced; ➡️B) price establishing support within a demand zone, implying that a sustainable bounce could gain momentum between…

SmartReversals📈 @SmartReversals

6 months ago

$IWM - 3 critical contextual factors: ➡️A) the presence of a volume gap, which facilitates rapid price transitions between these levels, as recently evidenced; ➡️B) price establishing support within a demand zone, implying that a sustainable bounce could gain momentum between… https://t.co/0e80uUPOO3

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#Bitcoin's 20-day moving average (DMA) has proven significant, as evidenced by rejections from this blue line and bounces from the lower Bollinger Band setting lower highs and lower lows. ➡️Will the 20 DMA be breached this time? $BTC $ETH

$SMH rebounded from the lower Bollinger Band, a move that typically leads to a rally towards the 20DMA (A) or the upper Bollinger Band (B). The overbought oscillator has anticipated the end of previous bounces. Which target will it reach this time? A reversal candle and…

SmartReversals📈 @SmartReversals

6 months ago

$SMH rebounded from the lower Bollinger Band, a move that typically leads to a rally towards the 20DMA (A) or the upper Bollinger Band (B). The overbought oscillator has anticipated the end of previous bounces. Which target will it reach this time? A reversal candle and… https://t.co/NsjrN5zHim

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The latest Weekly Compass Is Out. $PLTR and $SMH open for everyone➡️ Click in my profile's link.➡️ The bounce is happening as anticipated last Wednesday, what’s next? ➡️Seven securities are signaling reversals, key levels to manage risk. $SPX $NDX $NVDA $BTC $AAPL $MSFT $PLTR…

$NVDA shows a promising bounce, but next week will reveal if it can overcome the typical volatility at the 50 DMA, especially given its convergence with the 200 DMA. We'll see if it leads to a rejection, potentially filling the two highlighted gaps.➡️ Is this a lower high or a…

$QQQ has reclaimed the 5-day moving average with a strong candle, however, on low daily volume. A short-term bullish continuation, likely followed by another decline to create a bullish RSI divergence, is likely. The RSI's current oversold level mirrors January 2022, which…

SmartReversals📈 @SmartReversals

6 months ago

$QQQ has reclaimed the 5-day moving average with a strong candle, however, on low daily volume. A short-term bullish continuation, likely followed by another decline to create a bullish RSI divergence, is likely. The RSI's current oversold level mirrors January 2022, which… https://t.co/4GUeEnyoMT

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Given the current volatility, this Monday I'll write an email based publication for Everyone [Free]. It will cover $SPY, $QQQ, $IWM and other key stocks. Get in the list using the link in my profile⬆️or send your email via DM. Join 28,000 readers!

Short squeeze imminent tomorrow. Not because of the futures, because of the weekly chart posted earlier. ATH? No, an opportunity to sell. $NDX $SPY $ES_F

$SPX is experiencing a rapid flush, with a complete breach of the weekly Bollinger Band, a condition that typically triggers a swift bounce, even in bear markets (2022 in chart). The 2008 GFC and the COVID crash are notable exceptions. This is a critical juncture for the index.…

SmartReversals📈 @SmartReversals

7 months ago

$SPX is experiencing a rapid flush, with a complete breach of the weekly Bollinger Band, a condition that typically triggers a swift bounce, even in bear markets (2022 in chart). The 2008 GFC and the COVID crash are notable exceptions. This is a critical juncture for the index.… https://t.co/GViORoK9U9

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$SPX is making an initial reversal attempt, as anticipated in yesterday's note regarding a potential bounce to $5,812. With the 200 DMA breached, the 5 DMA (grey line), or preferably the $5,628 level, is the key level to watch. A decisive move above it tomorrow would provide…

SmartReversals📈 @SmartReversals

7 months ago

$SPX is making an initial reversal attempt, as anticipated in yesterday's note regarding a potential bounce to $5,812. With the 200 DMA breached, the 5 DMA (grey line), or preferably the $5,628 level, is the key level to watch. A decisive move above it tomorrow would provide… https://t.co/mDr5Rv35qc

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$SPX - RSI is oversold as not seen since September 2022, and the Bollinger band does not stop widening. A Bounce to $5810 at the very least is coming. #stockmarketcrash

$SPX: Unlike August, when the RSI also hit 30, the candle is not currently below the lower Bollinger Band. The band continues to widen, price remains below the 200 DMA, and the candle lacks reversal shape. This critical moving average is now acting as a clear resistance.➡️ Any…

$NDX: Make or Break. The 200 DMA (blue line) has been breached by 4%. If this persists, a new bear market signal would be confirmed, similar to 2022. The RSI is at 28, a level that has historically triggered bounces (yellow arrows). Quick recovery coming?➡️The daily candle says…

The #Crypto Fear and Greed Index is at extreme fear, at a level not seen during the last two years. #Bitcoin #Ethereum #stockmarketcrash #CryptoMarket

A bounce is likely, what the pattern shows is a solid long term trigger that makes us to expect a short lived bounce and a dominant downtrend.

m @Tradingislifes

7 months ago

A bounce is likely, what the pattern shows is a solid long term trigger that makes us to expect a short lived bounce and a dominant downtrend.

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The $SPX monthly chart reveals a recurring pattern: major tops preceding the last three significant declines were marked by a monthly shooting star or doji candle, an overbought RSI, and a bearish RSI divergence. ➡️2018, 2020, and 2022. ➡️Any reason to expect a different outcome…

$NVDA: The recent price action (A) shows signs of a bounce, the oversold oscillator (B) builds on that thesis. Previous bounces like (C) started from similar conditions, it's about time to see a bounce. Worth noting the incoming bearish crossover between 50DMA and 200DMA.

$IWM is showing indecisive candles following Monday's selloff. The lower Bollinger Band looks like a slider rather than support, but the oversold RSI suggests a likely bounce to the 20DMA. Notably, the 200DMA has been breached by far. $RUT $VIX #stockmarketcrash

SmartReversals📈 @SmartReversals

7 months ago

$IWM is showing indecisive candles following Monday's selloff. The lower Bollinger Band looks like a slider rather than support, but the oversold RSI suggests a likely bounce to the 20DMA. Notably, the 200DMA has been breached by far. $RUT $VIX #stockmarketcrash https://t.co/KGHiEDnArn

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$AMZN - Dragonfly at the 200DMA validated by high volume, and there is a bullish divergence with oscillators in general. Very short term bounce is very likely, but will it fade after a day or two as the previous one highlighted? $QQQ $SPY $NDX