Gravity Point at $2911 looks like an objective Long. Short term, this is oversold, 5 days down in a row.
Plan on exiting the long at the Red Box. I could see another shorting opportunity if we got to $3000 again.
Expected move increased by $20 after last week had a 3 standard deviation move down, breaking the trend we had built.
Last major week of earnings ahead.
Goodluck next week gentlemen,
- RH
Last Week's Post: (Expected Move: $38)

Zoomed out 30 minute view of most recent uptrend:

Zoomed out 2hr view of the most recent uptrend:

Plan on exiting the long at the Red Box. I could see another shorting opportunity if we got to $3000 again.
Expected move increased by $20 after last week had a 3 standard deviation move down, breaking the trend we had built.
Last major week of earnings ahead.
Goodluck next week gentlemen,
- RH
Last Week's Post: (Expected Move: $38)

Zoomed out 30 minute view of most recent uptrend:

Zoomed out 2hr view of the most recent uptrend:

Nota
30 mins into the trading weak and we've reached the Lower Expected MoveNota
$2843 Gravity Point has been hit! Wow, tremendous moves.Nota
Holy boys. Afterhours down 1.5%.Nota
Right back to square one where we started the week!Nota
Wouldn't it be neat if we ended this volatile week right on $2911?Declinazione di responsabilità
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.