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Additional Posts in Technical Analysis & Charting
2-1 TA (Post Market):
Full time trader checklist for those interested.

2-1 TA Midday update (SPY, CRM, AAPL)
I'll post some quick TA from today (11/7)
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Bowl Leader
Sorry I haven't been posting as much lately, been busier with work. Plus, the last few weeks have caused some technical damage to most of the tickers that I normally follow, so I'll wait for them to establish more consistent trading patterns before posting. I've been focusing on day trades and scalp trades lately.
Bowl Leader
GLD - Wk - bull-flagging and came right into support around 157 and reversed. I do think PM will run in the next 6 months, especially if inflation starts to ramp up further.
Thank you!
Bowl Leader
SPY - 4h - trading in a broadening wedge pattern, came into resistance today and pulled back. For me to get bullish on SPY getting above 393 would be the line in the sand and confirm that price action is back to trending more bullish
Bowl Leader
QQQ - 4h - similar broadening wedge as SPY but in much worse shape. Rejected 314 horizontal support today. A good short opportunity would be on a rejection of the top bound of the wedge and could see prices fall much lower, maybe even a price target of 280. But that would be the extreme bear case scenario.
There is the green support level that goes back to April of last year (not the march lows) that provided some support. So if that holds again I think that would hint the correction may be close to over
Bowl Leader
VIX - 4h - trending upward, which isn't a good sign. The good news here is that any spikes have come down quickly, allowing respite from the sharper selloffs. However, the VIX remains slightly elevated, and may be ready for another spike
Bowl Leader
SLV - Wk - for the first time in a while does not look as bullish as gold (at least on the weekly chart). Looks like a breakdown and retest on the LT trend, but we will see how it plays out. Shorter time frames SLV doesn't look as bad, it just needs to hold the 24 level, which it closed above today. That is the line in the sand for me, although I'm holding a LT position that I'll reconsider below $20