llama
@TraderLlama
"Every trade you make will either make you richer or smarter; but never both" $SPY / $SPX trader.
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$IWM reclaimed an earlier longer term channel....so for now this is the new grinnnddd //If lost on a closing basis, I would expect the UTL below to likely be a BTFD opp. (not my base case)
$IWM indecision candle after that false break out... 3rd chart is Weekly outlining 'path'
$ES $SPY $SPX ...Posted only to show market structure looks very similar (suggesting a possible dip back below ATH's...get's the bears shouting 'false breakout'...then back above get's the bulls shouting 'false breakdown'...then back down again before the real march to new highs)…
$BTCUSD The more we tap on this resistance/now support line the more likely we wick down to the UTL below....regardless of how the path plays out, I still think higher prices
$BTCUSD nothing new.... 1 1/2 days for candle to reclaim else we'll tap the UTL below next <--- my base case
$QQQ leaving path for now as we only need over the DTL above to play out - truth be told we can head to my UTL below 1st..as said earlier - no idea on timing just still think sometime in Q1
for the $QQQ 's path would look something like this...note that unlike the larger drawdown that $SPY got in Summer 2024... QQQ drawdown was smaller as Mag7 held up...A similar drawdown in Q1 (11ish%) would take us to the UTL below shown by upper red arrow...my likely support
$SPY Why did I put up 'Caution (not bearish) charts last night with such tight stops (a thread showing past RSI divergences after token new highs & their subsequent drawdowns....) - if you like my work, please consider a follow or simply sharing it with others
$VIX getting crushed but $SPY not doing much…hmmm we may grind higher before swift rejection
If $SPY breaks 428.74 we are likely to see new lows 🫣 if so targeting $420.77
For the love of god someone please ask this man what $NVDA does.
$VIX to 0. Shit cos are going to rip
BOJ'S GOVERNOR UEDA: GIVEN CURRENT ECONOMIC, PRICE, AND FINANCIAL TRENDS, THE BOJ BELIEVES IT IS REASONABLE TO RETAIN THE YCC'S EASY MONETARY POLICY.
This is bullish for #GLD lmao
BREAKING: Over $100 million worth of gold has been stolen from Pearson Airport, Canada.
Advanced fuckery is going to evolve into extreme fuckery. New vol suppression tools dropping Monday 👇🏻 #vix #vvix #svxy
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