https://preview.redd.it/kibxln0zygv91.jpg?auto=webp&s=d3b0a2ac1d9d0c33ee03d740fe9b9866b4223128
Possible IWM breakout / rally incoming??? The candlesticks pattern in the two squares are IDENTICAL. Even the MACD are similar.
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So are we gonna ignore that dxy dumped because Japan was selling the US dollar to prop there markets and when dxy dumps the market pumps. Same thing happened when Boe needed to step in and buy back bonds to keep them from crashing they sold the us dollar (dxy) dumped and market pumped once they were done selling the dollar market pulled back a dxy climbed back
Pull up the dxy chart and compare it to spy and time/date of reports of Japan and UK selling the dollar
My guess is if Japan keeps selling the dollar to prop there market spy goes to 380/382 if they stop, spy retraces into the 362/365 range best way to gage what’s going on is watching dxy if it starts making a move up to 112/113
Spy 365/370 puts
Spx 3650/3700 puts will print
Jackson Pollock would be proud of this chart
Sir, one of them square is a rectangle. Did u know that?
Candlesticks?
>IWM is currently trading at $172.70 per share. I believe that it will continue to rise and reach $199.49 within the next 2 years.
Your chart looks like it was sponsored by Crayola.
OMG two IDENTICAL candlestick patterns? How can this be? Does the press know about it? Does the president? This is going to be HUGE!
I am buying $176 Call on Monday
It looks a little bit weaker than the nasdaq. If we get a rally it may lag a bit, but it’ll pull the iwm with it regardless.
All of retail going bullish, there’s no way getting calls goes wrong.
Positions? Or you just pumping?
Maybe. But also maybe not.