Ian McMillan, CMT @the_chart_life
Technical Analysis | Buy side @adaptiv | ETF: $ADPV @ADPV_ETF | Author: https://t.co/tuGfdGOurW | Alum @UofSC & @Citadel1842 | Tweets are not advice adpvetf.com Charlotte, NC Joined September 2017-
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Another relationship that likely needs to fix itself…
Other than a ~5 week move in November-December, there's been very little edge between tilting towards $QQQ or $IWM over the last 7 months...
Honored as always @TheChartReport
Honored as always @TheChartReport
i can accept being stopped out of a trade for a loss with a well defined level of risk on a price chart. however, i cannot accept being stopped out for a loss because my opinions about the macro economy or my political biases were wrong. that's a losing game long term.
i can accept being stopped out of a trade for a loss with a well defined level of risk on a price chart. however, i cannot accept being stopped out for a loss because my opinions about the macro economy or my political biases were wrong. that's a losing game long term.
this is really the base case of every entry and exit. find an area of significance (the more polarity, the better) and play it. that's all you can really do. if you want to use horizontal S/R, great. if you want to use MAs, also great. If you want to use indicators, fine.
this is really the base case of every entry and exit. find an area of significance (the more polarity, the better) and play it. that's all you can really do. if you want to use horizontal S/R, great. if you want to use MAs, also great. If you want to use indicators, fine.
And we are back through the 2/22 gap. Pretty solid short-term defensive save. Also, no OS reading yet on RSI - nice stand there, too. If we can now hold this area, chances increase that the drawdown is close to being over... $SPX $SPY $ES_F
Thanks for the kind words, David. Much appreciated!
Thanks for the kind words, David. Much appreciated!
And new 7-month relative highs for $JETS...
absolute peak millennial/gen z behavior going on here these people know nothing about how the real world works they're just spoiled little dweebs
absolute peak millennial/gen z behavior going on here these people know nothing about how the real world works they're just spoiled little dweebs
you can save your way out of bad investing habits, but you cannot invest your way out of bad savings habits.
Jake Wujastyk @Jake__Wujastyk
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Today's Chart of the Day was shared by @sstrazza Click here to read more! thechartreport.com/cotd-04-24-24/ $AAPL
@the_chart_life Just like when all the kids were rolling around on their "wheelies," if they had made them in adult sizes I totally would have worn them!
@the_chart_life These look like the kinda kicks @allstarcharts would dig!
@the_chart_life And he did great! You should let him pick which chart he likes best, and post it. I'd risk a few $. It certainly can't be any worse than I've been picking. 😂😂
@the_chart_life Young man has taste
@the_chart_life Bullish on mismatched !! Lesson in confidence 🤍
- Stanley Druckenmiller Earnings don’t move the overall market; it’s the Federal Reserve Board… focus on the central banks and focus on the movement of liquidity… most people in the market are looking for earnings and conventional measures. It’s liquidity that moves markets.
@the_chart_life Option #3 Only when drunk after 2 AM
$XLY has dropped below its 200-day SMA relative to $XLP for the first time in a year (orange arrow) and is this close 🤏 to producing a "death cross" (blue arrow)
@sstrazza @the_chart_life nothing beats a movie theater hot dog @jkrinskypga @nick_zaccardi
@the_chart_life No. Big yes to golf course hot dogs, tho.