mkanik

mkanik

widening channel up towards old mid highs. qqq's sealed up a bottom and now trying to tighten the bolts as it goes higher.

mkanik

QQQ's long term retracement chart possible jump back at 245 - 261 band.

16:40

mkanik

Market history for long term investors. Market is in a big channel and sill healthy for long term.

mkanik

Same story again and again for qqq's. Let's see if it will play out.

02:05

mkanik

My prediction lines for last 5 years trend analysis and how market behaved. I took a lot of tqqq short and long trades based on my predictions. The most striking one was to me october 1st long term short trade prediction and market bounce in december in 2018.

mkanik

Long term trend still intact. It stretched down to the bottom and should hit the all time high like a magnet by the at the end of August.

mkanik

Weekly reversal candle!

mkanik

change in trend weekly!

mkanik

The NASDAQ is topping out in log scale. So it can form a bubble or correct. Or walk up and down and correct. I don't know which one is true but it is happening somehow. Dotcom bubble is obvious in the log scale and it scares.

mkanik

A reversal pattern has appeared on the weekly chart. Low volume in corrective waves was the first sign of the higher prices are coming. A weekly close above the 7 will not let the price below it easily. The price can retest 7 after hitting the 8. But ultimately, it will stall around 7.8 or above.

mkanik

MACD crossed and very low volume phase started. No hard selling or any action that changes the price. While the weekly chart looks like a bearish flag, the daily chart is telling me something will happen soon. Watch for 20 moving average. It isn't going to be taken down easily. In the first higher high green daily candle, it is a but for surge with a stop loss...

mkanik

I don't have full evidence about it, but lower highs and volume is indicating a correction. It could be a trick-trap. Just heads up! I only do day trading at this point.

mkanik

A strong resistance level reached. Potential reversal if it play out for another lower high. First, it should leave the channel.

mkanik

Bullish pennant will probably end up in another leg higher.

mkanik

New trend formed. Recent manipulations won't change the target. 15 years of economic deficit releases the energy. Although short term actions suppressed the trend, Turkey hasn't changed it's economy policy. The results will be seen on the chart soon. The reason for plunge in TRY isn't Bruson or any other reason but the wrong economic policies. Sanctions and...

mkanik

Gap fill happening!

mkanik

Looks like a temproary reversal.

mkanik

Some creative wealthy institutions created a "BALLs and PENNIS" pattern :D, which is about to ejaculate in some direction.