IWM Weekly:

Fibs derived from November 2021 ath to October 2023 low

Big rip followed by hard rejection of the $224.92 23.6% fib.

$212.83 38.2% fib. is a major bull/bear pivot

Live annotated charts, trade ideas, & trades in the best free trading chat room on the web

NG

9K Tick:

Heavy pro action = white candles
Exhaustion selling = yellow dot @ bottom
Bullish divergence = green dot @ bottom
Noted price action marked with timestamped lines

Pros triggered exhaustion selling 7/15 then bullish divergence in their $2 defense 7/17

$2.134 7/18 pro high recapture & build is a big face ripper oversold technical bounce threat

Live annotated charts, trade ideas, & trades in the best free trading chat room on the web

NG

9K Tick:

Heavy pro action = white candles
Exhaustion selling = yellow dot @ bottom
Bullish divergence = green dot @ bottom
Noted price action marked with timestamped lines

Pros triggered exhaustion selling 7/15 then bullish divergence in their $2 defense 7/17

$2.134 7/18 pro high recapture & build is a big face ripper oversold technical bounce threat

Live annotated charts, trade ideas, & trades in the best free trading chat room on the web

QQQ Daily:

Heavy pockets of retail long chasing = yellow candles with "R" above
Trap door threats = lows of yellow candles with "R" above
Noted price action marked with timestamped lines

Retail chasing aths since 5/15 made each of the yellow candles with "R" above a trap door threat

Over half a dozen trap doors activated this week

The next big trap door threat is the $462.03 6/11 low

Started building a short swing with SQQQ $10 8/16 calls @ .21 avg.

Live annotated charts, trade ideas, & trades in the best free trading chat room on the web

NG

9K Tick:

Heavy pro action = white candles
Exhaustion selling = yellow dot @ bottom
Bullish divergence = green dot @ bottom
Noted price action marked with timestamped lines

Pros triggered exhaustion selling 7/15 then bullish divergence in their $2 defense 7/17

$2.134 7/18 pro high recapture & build is a big face ripper oversold technical bounce threat

Live annotated charts, trade ideas, & trades in the best free trading chat room on the web

NG

9K Tick:

Heavy pro action = white candles
Exhaustion selling = yellow dot @ bottom
Bullish divergence = green dot @ bottom
Noted price action marked with timestamped lines

Pros triggered exhaustion selling 7/15 then bullish divergence in their $2 defense 7/17

$2.134 7/18 pro high recapture & build is a big face ripper oversold technical bounce threat

SPY Daily:

Heavy pockets of retail long chasing = yellow candles with "R" above
Trap door threats = lows of yellow candles with "R" above
Noted price action marked with timestamped lines

Retail chasing aths since 5/15

8 trap doors activated this week

Yesterday SPY narrowly avoided the ninth, the $548.65 7/3 low

Another big trap door threat looms underneath, the $524.72 5/23 low

Live annotated charts, trade ideas, & trades in the best free trading chat room on the web

SPY Daily:

Heavy pockets of retail long chasing = yellow candles with "R" above
Trap door threats = lows of yellow candles with "R" above
Noted price action marked with timestamped lines

Retail chasing aths since 5/15

8 trap doors activated this week

Yesterday SPY narrowly avoided the ninth, the $548.65 7/3 low

Another big trap door threat looms underneath, the $524.72 5/23 low

Live annotated charts, trade ideas, & trades in the best free trading chat room on the web

SPY Daily:

Heavy pockets of retail long chasing = yellow candles with "R" above
Trap door threats = lows of yellow candles with "R" above
Noted price action marked with timestamped lines

Retail chasing aths since 5/15

8 trap doors activated this week

Yesterday SPY narrowly avoided the ninth, the $548.65 7/3 low

Another big trap door threat looms underneath, the $524.72 5/23 low

SPY Daily:

Heavy pockets of retail long chasing = yellow candles with "R" above
Trap door threats = lows of yellow candles with "R" above
Noted price action marked with timestamped lines

Retail chasing aths since 5/15

8 trap doors activated this week

Yesterday SPY narrowly avoided the ninth, the $548.65 7/3 low

Another big trap door threat looms underneath, the $524.72 5/23 low

SPY Daily:

Heavy pockets of retail long chasing = yellow candles with "R" above
Trap door threats = lows of yellow candles with "R" above
Noted price action marked with timestamped lines

Retail chasing aths since 5/15

8 trap doors activated this week

Yesterday SPY narrowly avoided the ninth, the $548.65 7/3 low

Another big trap door threat looms underneath, the $524.72 5/23 low

SPY Daily:

Heavy pockets of retail long chasing = yellow candles with "R" above
Trap door threats = lows of yellow candles with "R" above
Noted price action marked with timestamped lines

Retail chasing aths since 5/15

8 trap doors activated this week

Yesterday SPY narrowly avoided the ninth, the $548.65 7/3 low

Another big trap door threat looms underneath, the $524.72 5/23 low

Live annotated charts, trade ideas, & trades in the best free trading chat room on the web

SPY Daily:

Heavy pockets of retail long chasing = yellow candles with "R" above
Trap door threats = lows of yellow candles with "R" above
Noted price action marked with timestamped lines

Retail chasing aths since 5/15

8 trap doors activated this week

Today SPY narrowly avoided the ninth, the $548.65 7/3 low

Another big trap door looms underneath, the $524.72 5/23 low

GC Hourly:

Pros (institutions/algos) = white candles
Noted price action marked with timestamped lines

$2462.70 7/16 pro low acted as a trap door yesterday afternoon, confirming the double top (7/16 & 7/17)

Nailed with GLD $225 ODTE puts $3.38 avg. from .52 avg. then rolled down & out into:

GLD $220 7/26 puts @ .90 avg. & SLV $26.50 7/26 puts @ .32 avg.

Message me for live annotated charts, trade ideas, & trades in the BEST FREE trading chat room on the

I watch the Gold continuous futures contract, which as of now is the December 2023 contract. I'll hopefully be able to go in further detail later but I caught a nice buy in GLD $178.50 9/1 puts @ .82, they're already up over 30%. I'll see it how they behave b/w now & close before deciding to hold o/n, always super risky in weekly options.

I'm not a fan of the changes ihub made at all.

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.

I couldn't find the preview button either. Thanks for confirming you don't see it either because I thought I might have missed it.

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.

I just sent you an e-mail.

Sure Thing. They have served me very well. Thank You!

Hi Michael,

I use TS (TradeStation). Is that what you meant?

I hate making typos. My sincerest apologies for the one in my last message (double "thes").

Posting and explaining what I see on my charts has unquestionably made me a much better trader and I hope at least some others find even a little value in my technical takes on jb's winning picks.

I greatly appreciate any and all feedback including constructive criticism, questions, comments, and requests, because in addition to posting, I thoroughly enjoy engagement with fellow options traders, especially in this very special community.

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).

Sorry about that. Any schmo can say they bought X, days after it turns into a multi-bagger.

Real time is the real deal. That's one of many things I greatly admire and respect you: you literally have well over a decade of real time receipts for your long list of winning trades, the majority of which are multi-baggers.

Anyway, here's the link for my FREE board where I post my trades in as close to real time as possible.

You'll definitely recognize some of the names I trade as your winning picks!

One and all in this very special community are most welcome to share their market thoughts and/or post their trades.

I hope to see some of you there!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172016667&txt2find=JFIN

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.

Cut QQQ $355 6/2 C flat

In QQQ $355 6/2 C @ .31

Out GLD $183 6/16 P $2.70 from $1.63