MrFleck

MrFleck

AAPL bounced right at 0.382 fib retracement (drawn from Covid lows to ATH). I am expecting a drop to 110 before fall. I will be adding shorts at the mentioned levels. I don't see it going above 167 in this bear market rally.

MrFleck

ES - on its way to neck line retest. 4090 and then 4170 are the highest this rally can take us. If one those levels reject, we will see another leg down possibly to 3720 in the coming weeks.

MrFleck Updated 

If SPY manages to get above 405, we can see gap fill above to the top of the channel (around 414 to 415). We may even see 428 if the momentum continues. I will average down on my short position at these levels. I do think we see 380 before next FOMC meeting and even lower.

MrFleck

Nice double top - Adam and Adam. Close below 65.87 will confirm downward trend. Will potentially enter short position today.

MrFleck Updated 

Another overinflated garbage stock. Needs to come back to earth this year. Target - 260. I am planning to build a short position in all bounces in the next week.

MrFleck Updated 

I am not sure what Friday and the weekend will bring us. I closed all my shorts today. I have a hunch that we will have a decent deadcat bounce next week. I will add puts in all those trendline levels. Right now, I am holding one call option to play this possible deadcat bounce i'm expecting. If we close below that lowest trendline, I will quickly close my call...

MrFleck

If MSFT breaks below the channel, first target will be 245 (near previous low); we might have a small bounce there and then flush down to 225 by June - July

MrFleck Updated 

We will see how futures do tomorrow. May will be more brutal than April My major support and resistance levels are pink lines My minor support and resistance levels are blue lines I can see us filling the famous 400 gap in SPY before the end of 1st week 3978 has to hold for any possibility of reversal in the short term Long-term we are nowhere near the bottom

MrFleck

Broke major trend line support today. 138 has to hold. If not, I think it might fill the gap at around $90 to $100.

MrFleck

Fat inverse cup and handle. First taget 113. Next 100. If that does not hold, should see 75 real soon.

MrFleck

Beautiful break out from descending triangle. There is 84% chance that this will hit 20k in the next few weeks. I have a theory that BTC might hit 4k at some point. I will update once it reaches my first target (20k).

MrFleck Updated 

Targets: 400, 330, 280 Reasons: Inflation Wars (Real and economic) Housing market bubble Supply chain issues COVID

MrFleck Updated 

Bearish as long as we stay below 13600 Target 1: 13000 Target 2 : 12600

MrFleck Updated 

Crypto has been in a bear market for months now. I don't think we are at a bottom yet. My initial target is 35k this weekend. We will quickly see 30k and might chop around a bit between 30 and 36K, before crashing Final target is 20K, that's where i will start buying. 10k possible if we have a big crash in equity market.

MrFleck

I will start accumulating when GLD drops below 160. As long as we stay above the blue trend line, i am bullish on this. I do think we will drop below 170 short term.

MrFleck

This is going to be the black swan event that will crush the market. Don't forget the giant cup and handle in the GLD chart