trendcontinuum

trendcontinuum Updated 

Pretty straight forward in the face setup. Here are pros- +Got added to s&p500 +massive volume shelf from multi year above 80 which we are above +beautiful gap from q1 2025 to ride from $85 to $120 ++Relative strength strong vs spy for 55 period(thats what I use) +++ $100 Psych level is a MAGNET - it will pull !! cons- -200sma above that cleanlu aligns with a...

trendcontinuum Updated 

#FACTS -Breakout in SMH was 11 years back around 2014 and uptrend started -Last 10 years SMH just cannot be under the 200WSMA for long time -Since 2015 the bottom is at 0.5 fib retrace & takes 9 months + atleast 25% Pullback What are other confirming signals -SOXL 3x leveraged etf just had 2 days of Highest Volumes ever ! (leveraged funds arent good for charting...