News 
Market Data 
Discover
FAT STAX
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Dollar 500 Tick:
The 8/25 $104.220 bearish RAMBO low downside break was a sell signal but it's suspect because it was immediately followed by 4 consecutive retail sell (yellow down candles), a hammer @ the 30 ema (red line), then a bounce that now has the dollar over all key emas (10 to 200) & vwap.
Both the dollar & gold are up now, part of what makes relying on their normally strong inverse relationship tricky.
Gold's at a critical hold or fold level on the daily:
A break above the $1948.20 8/14 bullish RAMBO (yellow candles with "R" below) quintet high is a long signal while failure to break and build over it confirms a lower high that keeps the short-term downtrend since May, intact.
In my opinion the latter is more likely: the pop last week after gold was down for 2 weeks straight is likely to be a head fake. On the 250 tick, Friday afternoon there were 6 bearish RAMBOs followed by pro (white candles) activity near the daily highs, an unconfirmed short set up, that confirms when the $1937.30 low of the lowest of the six bearish RAMBOs breaks to the downside. Also of note, as both retail (6 bearish RAMBOs) & pros were active, their activity triggered 3 bearish divergence patterns (3 small yellow dots @ the bottom of the chart).
MTF confluence using the BetterIndis example:
In this case intra-day opex SPY puts 6/16. I did not trade this Friday. Hindsight is 20/20 but also instructive.
On the 1.5K tick (roughly equivalent to the 2 minute) there were 2 two consecutive pro (institutions &/or algos noted by blue bars) lower lows less than 90 minutes into Friday's session.
That made the multiple late morning & mid-session yellow up bars on the 1.5K tick & noted more decisively on the 1K tick via the 6 mid-session bearish RAMBOS (yellow bars with "R" above) noting a heavy pocket of long chasing, very strong short signals.
YEXT 125 Tick:
Exhaustion price pattern triplets (red dots) in the dip 6/1 was followed by pro activity over vwap (purple line) 6/2 then the the $9.21 resistance break.
ROKU 18K Tick:
Multi-month resistance break 6/2.
BIDU 9K Tick:
Threatening break of multi-month $134.62 resistance.
ZYME 62 Tick:
Pro activity @ the lows 5/30 was followed by the 5/31 buy warning after the $8.19 resistance break.
TERN Short-term MTF Breakdown:
Legend:
Blue bars note the activity of institutions & algos.
Yellow bars with "R" below note heavy pockets of retail sell chasing activity, and vice versa for yellow bars with "R" above. They are called RAMBO price patterns: "Reversal of amateur breakout."
Horizontal lines of varying thickness: Notable pivots, the thicker the more important.
Green Background: Demand Zone/Support area
Red Background: Supply Zone/Resistance area
Buy "warning" - print when a key pivot breaks to the upside in a demand zone - shown by timestamped dotted vertical green lines
Sell "warning" - print when a key pivot breaks to the downside in a supply zone - shown by timestamped dotted vertical red lines
Thin red lines: notable trailing stop levels of pro shorts
Thin green lines: notable trailing stop levels of pro longs
Bull flagging after heavy pro accumulation late March to early April. Pro activity over the 100 ema (yellow line) 5/24 & 5/25 on the 1.5K tick followed multiple bullish RAMBOs 5/17 & 5/18 on MTF.
$13.10, just over the 5/11 high is a pro short trailing stop level & breakout tripwire.
NNOX 3K Tick:
Heavy pro accumulation 5/1 triggered the 5/4 buy warning after NNOX broke $10.96 resistance.
SAM 500 Tick:
Multi-month resistance break 6/2.
DPZ 2K Tick:
Multi-month resistance break 6/2.
FVRR 250 Tick:
Legend:
Blue bars note the activity of institutions & algos.
Yellow bars with "R" below note heavy pockets of retail sell chasing activity, and vice versa for yellow bars with "R" above. They are called RAMBO price patterns: "Reversal of amateur breakout."
Horizontal lines of varying thickness: Notable pivots, the thicker the more important.
Green Background: Demand Zone/Support area
Red Background: Supply Zone/Resistance area
Buy "warning" - print when a key pivot breaks to the upside in a demand zone - shown by timestamped dotted vertical green lines
Sell "warning" - print when a key pivot breaks to the downside in a supply zone - shown by timestamped dotted vertical red lines
Thin red lines: notable trailing stop levels of pro shorts
Thin green lines: notable trailing stop levels of pro longs
5/26 to 5/31 pro activity near the lows in the mid $20s along with twin exhaustion price patterns (red dots), including one that was triggered by their activity 5/30.
Then 2 strong long signals:
1) Bullish divergence (blue dot highlighted with white up arrow) 6/1
2) Buy warning followed by pro activity just under & over the 200 ema (aqua line) 6/2
ANET 500 Tick:
Legend:
Blue bars note the activity of institutions & algos.
Yellow bars with "R" below note heavy pockets of retail sell chasing activity, and vice versa for yellow bars with "R" above. They are called RAMBO price patterns: "Reversal of amateur breakout."
Horizontal lines of varying thickness: Notable pivots, the thicker the more important.
Green Background: Demand Zone/Support area
Red Background: Supply Zone/Resistance area
Buy "warning" - print when a key pivot breaks to the upside in a demand zone - shown by timestamped dotted vertical green lines
Sell "warning" - print when a key pivot breaks to the downside in a supply zone - shown by timestamped dotted vertical red lines
Thin red lines: notable trailing stop levels of pro shorts
Thin green lines: notable trailing stop levels of pro longs
I marked jb's calls entry and final exit with the timestamped white lines.
Pros (blue bars) like jb loaded long 5/25. The lime dot 5/30 right before jb secured killer multi-bagger profits is a bearish flush pattern, technically bullish, but it often behaves in bearish fashion when it appears after a big rip, making it a solid heads up to take profits.
As for what comes next, I see another long set up heading into the new week. Twin bullish RAMBOs 5/31 were followed by an exhaustion selling price pattern 6/1 (red dot highlighted with white up arrow). Then 6/2 twin bullish RAMBOs were followed by bullish divergence (blue dot highlighted with white up arrow).
Gold 1.5K Tick:
Great call on the pb in gold jb. Here's a look @ the killer short set up this week on the 1.5K tick:
Pros (institutions & algos noted by blue bars) were active in short-term tops since @ least 5/30 taking profits & going short. By 5/31 the bull trap was set. Then retail long chasers (yellow bars with "R" above) stepped in 6/1 only to get wrong-footed as gold did, what you astutely noted it has done numerous times in the past, flush bigtime on a Friday.
GLD put$$$$$ yesterday!
Congrats!
One of my best trades so far this year:
JFIN. Decent fundamentals and awesome technicals. I snagged some $7.50 calls 7/21 @ .15 and took some off yesterday @ .70 to cover costs.
Entry off the blue bars highlighted with white up arrows (institutions & algos) that propelled JFIN to 52-week highs 5/30 on the 62 tick. Pros were again very active @ 52-week highs yesterday.
I won't be surprised to see JFIN in double digits soon.
Very strong job report. Here's a look @ its real time impact in gold:
Pros immediately started going short after the jobs report dropped.
JFIN Monthly
Has that bottoming curly look. Last month it smashed through the 50 ema (green line). My first target is the 100 ema (yellow line) @ $8.60. If it gets there my $7.50 7/21 calls that have already doubled will be up almost 1000%!
