cvotrades

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This PA on indices is horrible lmao. Just get it over with
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Silver and Gold will only look interesting to me if they can form a C2 off PML
XAG-1.28%
XAU-1.26%
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$ETHBTC looks pretty obvious they will sweep June high before next leg lower
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$NBIS
May be set to lead the sector again with this bullish C2 weekly fraction from PML
229 key pivot, if we close above, then look for 290
If we sweep, then look for another lower low (flat bottom candle is suspect)
NBIS-4.26%
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Names that have taken Previous Month June Lows
$SNDK $CIEN $STX $SYNA $VPG $NBIS $ARM $TSEM $AIP $MPWR $STM $MCHP $NXPI
Usually a good POI to start adding are previous month lows.
I give it a good chance of bottom across majority here
SNDK-12.66%
CIEN-3.25%
STX-5.52%
SYNA-5.90%
VPG-6.08%
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Names that have taken Previous Month June Lows
$SNDK $CIEN $STX $SYNA $VPG $NBIS $ARM $TSEM $AIP $MPWR $STM $MCHP $NXPI
Usually a good POI to start adding are previous month lows.
SNDK-12.66%
CIEN-3.25%
STX-5.52%
SYNA-5.90%
VPG-6.08%
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Embrace this opportunity!
MM has engineered a lot of juicy unswept highs that is implying one more final sweep of the year imo.
$CRDO $CRDU
$ALAB $LABX
$MU $MUU
$AAOI $AAOX
$SIVE $SIVEF
$SMH $SOXL
$SNDK $SNXX
Will be accumulating leverage versions of each
CRDO-8.18%
ALAB-12.39%
MU-4.28%
MUU-8.55%
AAOI-6.74%
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Basically looking for one more low across the board. Then will be back to fully risk on again
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$ES motherbar high taken, looking for downside here to motherbar low
ES0.01%
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The sooner you understand draw on liquidity (price magnet), the better your trading becomes.
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FOMC week, I'm guessing trappy choppy PA until we take out June lows on indices
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$CRDO is one of the hardest names to hold.
If it can close above Monthly Open $261 🟢
Only thing is the gap is VERY suspect, would've been better to not have that at all.
TLDR
1d < $261 then sweep $233
1d > $261 then ATH test
CRDO-8.18%
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If crypto loses monthly open, get ready to open your anus
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$SOL
Nice sweep of PMH,
Lose the monthly open and this should continue to make new lows
SOL-2.14%
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$SOL $ETH $BTC
some nice motherbar action
SOL-2.14%
ETH-1.81%
BTC-1.71%
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Everyone trying to bottom call every little green crypto bounce, what could go wrong
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People who discount TA are oblivious to how powerful it can be.
The best way I can word it, is that it can give you HINTS of where price action will go.
You don’t have to get every move right, you just have to minimize loss when you’re wrong (risk management)
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$SMH $554 interest level
SMH-4.02%
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$MRVL $ALAB $MU $SIVE $SIVEF
All the 🐻 coming out now and think majority of bottleneck names are topped. Still believe there's one last leg left with the way they left Monthly Highs unswept
Biggest 🗝️ will be sweep of May/June Lows PLUS reclaim of July open.
Time will tell
MRVL-7.83%
ALAB-12.39%
MU-4.28%
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