UPDATE July 7
let's see if I can get a quick update done.
Oil - hanging around 100, that's down over $30 or almost 30% and the price of gas has fallen 9 cents nationally that's less than 2% hahahaha I said the price if gas will not fall, it can't, the world and US can not refine oil to fast fast enough to meet demand, and they can not refine faster they are at max production. This is what 40 years of disinvestment will do.... Charts $Crude Oil Futures(JUL4)(CLmain.US$
Oil - hanging around 100, that's down over $30 or almost 30% and the price of gas has fallen 9 cents nationally that's less than 2% hahahaha I said the price if gas will not fall, it can't, the world and US can not refine oil to fast fast enough to meet demand, and they can not refine faster they are at max production. This is what 40 years of disinvestment will do.... Charts $Crude Oil Futures(JUL4)(CLmain.US$
$The Mosaic(MOS.US$ Has sold down really far and has been oversold for a long time.
$Invesco QQQ Trust(QQQ.US$
$ProShares UltraPro Short QQQ ETF(SQQQ.US$ Bearish leverage
$ProShares UltraPro QQQ ETF(TQQQ.US$ Bullish leverage
$ProShares UltraPro Short QQQ ETF(SQQQ.US$ Bearish leverage
$ProShares UltraPro QQQ ETF(TQQQ.US$ Bullish leverage
$Hang Seng Index(800000.HK$ Had a good run, I'm looking for another surge at the trendline a failure and then a reset.
$Direxion Daily FTSE China Bull 3X Shares ETF(YINN.US$ Bullish leverage
$Direxion Daily FTSE China Bear 3X Shares ETF(YANG.US$ Bearish leverage
$Direxion Daily FTSE China Bull 3X Shares ETF(YINN.US$ Bullish leverage
$Direxion Daily FTSE China Bear 3X Shares ETF(YANG.US$ Bearish leverage
$Alibaba(BABA.US$ I'm looking for 126 before a reset. Could it reset earlier? sure it could fail today, but I don't think so, I still believe we get a surge.
$USD(USDindex.FX$ A brief respite from the "King" dollar run.
*Eventually all kings die and a new ruler emerges.
*Eventually all kings die and a new ruler emerges.
$E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$ Daily looks strong, 1 & 2 hour charts look like they are approaching overbought
Just waiting for a good time to go swimming
Some can only see the storm. But there are those that see the perfect wave.
As always
Good Luck
As always
Good Luck
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Shuseido : Been awhile and thanks for coming back despiteyour busy schedule. It is a pleasure to read your posts. Thanks!
icezzz : Sqqq look bearish? Will drop more?
102766980 : With regards to baba , u mentioned the surge to 126 , Isit because of the tariff news coming ?
iamiamOP icezzz: looks like it
Hello12341234 102766980: 126 is resistance?
iamiamOP Hello12341234: it is where I think resistance will be based off of wave sequence and overbought levels, just an educated guess, but one I put money on. only a temporary stop, BABA is bullish now long trend
Butcher71 : always look fwd to your posts and charts. Waiting to short NQ with a vengeance as well. Even Halliburton and schlumb looks ridiculously cheap now
moonsunmoocow : It takes a couple weeks for gas pump prices to follow crude oil prices my guy