All in the video under the previous channel would be very bearish and probably mean they want to test the neckline of the head and shoulders, from there I would think a sideways consolidation would happen. SOXX (semiconductors) also mentioned towards the end.
코멘트:
watch for a reaction at the lower channel line
코멘트:
backtest of 4220 area should be a solid short
코멘트:
this is what it looks like into tomorrow.
코멘트:
so far it looks correct - float up overnight. Will they reach the trendline? hard to tell, but it's an obvious target for a short entry - about 4420.
코멘트:
powell speech at 10am, this still looks possible to me.
코멘트:
link to powell speech at 10am www.youtube.com...ive/A9Pz0vIi5yQ?si=7DhoAxx...
코멘트:
a move up after the speech is possible, but i still think it would be a selling opportunity.
코멘트:
target area reached during the speech. I think this area is a selling opportunity
코멘트:
should drop the rest of the day
코멘트:
QQQ also with a false breakout - target 348
코멘트:
another short opportunity here as far as I can see.
코멘트:
if this keeps rallying they will probably push over the powell speech high, it would take out shorts and convince traders to go long over the weekend. If that's the case it would be a fine bull trap and I would expect a hard gap down monday to kick off the week.
코멘트:
yeah I think they are going to fool bulls and trap bears into close. I'm not changing anything. Out for the rest of today, see you next week.
코멘트:
channel held, I expect lower on monday but we'll see.
