chestephens1

chestephens1

FOMC + Rate cuts in T-minus 3 Hrs EST. Blue box = Bullish stocks / weak dxy 20,200 levels towards ATH Red box = Bearish stocks/ strong dxy 18,300 levels towards last correction Current price: 19468 Pick a pill...

chestephens1 Updated 

red = nfp MISS blue= nfp BEAT 176K is the number to beat #gold #xauusd #spotgold AMEX:IAU

chestephens1

Nike saw a slash in price from $94- $74 after a drop in annual sales. After this drop we saw a consolidation at $74.79s and a bottom was formed. We do need to clean break above $77 to bring in more volume 76.76- 77.47 is our volume box. I believe in Nike. IT is a staple of American Sports and athletic apparel. I am looking to buy $85-$87 calls for Early Aug...

chestephens1 Updated 

Q1 was a beauty for cryptos in general. #BTC grew almost 36K in price in last 90 day cycle. We have now rejected the 71K and looking for lower regions to attack. Getting paper hand traders and 73K buyers shaken out of the market. What goes up MUST come down and retrace and Q2 we will see a correction on BTC before its path to 100K. Tested 73K and...

chestephens1

I have noticed a trend in the recent price action of $AMC. ** We closed 2023 at $6.18** Upon hitting the $4 (4.08) region AMC shows signs of bullish outbreak. When testing 4.08 on 1/17/24 it implused up to test 4.80 almost $5 test in the next 5 trading days following. DON'T LET THE MEDIA FOOL YOU! "MeMe StOcKs ArE dOnE" Waiting on Cramer to diss ...

chestephens1

With the Top for 2023 confirmed we can begin to dump. $44.7k is TOP for CRYPTOCAP:BTC 2023. We opened 2023 at 16K levels so we are bound for a retrace in Q1 2024. (34K is 61.8 level on fib retracement for 2023) BlackRocks Bitcoin ETF will seek approval by January 10, 2024. With BR injecting their footprint into bitcoin i anticipate a drop to retest sub 40k...

chestephens1 Updated 

Not sure why there is such low volume on CRYPTOCAP:XRP but the sentiment is still the same IMO. The Crypto winter is HERE I think XRP is potentially being manipulated by the alphabet boys SEC. CRYPTOCAP:BTC is in an upward channel to test 50K CRYPTOCAP:ETH has broken out to test 2500 Why is CRYPTOCAP:XRP so stagnant??? We have taken out the sub .60...

chestephens1

Notice how we have tapped 4600 which an extreme overbought level. SPX must retest a lower level of 4380-4330 and if it does not hold it should freefall to 4200 in prep for Q4. SPX has been in a bullish outbreak since march 2023 with only a slight dip in june 2023. a correction is due. I am using AMEX:SPXS as the inverse of this play. I do have a...

chestephens1

With the looming BRICS news I have turned my eyes to the Yuan/ dollar pair to ride the short for the exit of the Petro dollar. THIS IS A Q2 SWING MOVE This will not be a linear drop FYI! Very very choppy as US will attempt to pull out all the stops to avoid the collapse of the Dollar safe haven. Top Down Analysis: Using the Monthly I plotted out the High...

chestephens1 Updated 

XRP has been on a consolidation path for 60+ days before this breakout from .37 This initial breakout attempted to test .49 and failed from the .37 breakout. we retraced back to .42 to gain some liquidity and fuel for a second bullish test of .49 we are now in a new liquidity range of .452-.456 (.448 super liquid dip) Once we breakout of .456 and can make a...

chestephens1

This is not a test!!! Yen is going to gain maximum strength in the next 90 days during the 2nd QTR. I cannot legally say as to why but the hunch is strong. Looking for a soft rollover to close the month around 130 flat (3/31/23) Q2 2022 we saw a major short begin on Yen pairs (USDJPY 122-150!) We are now seeing the retracing PLUS to create a very strong...

chestephens1 Updated 

$4 support has been taken out. currently at $5 LEVEL 1 resistance @ $5.33 (fill gap from 02.01.23) LEVEL 2 resistance @6.80-6.90 (take out YTD highs from 02.06.23) TP @ 8.50 for strike (12.01.23 highs ) EXP 4/21/23. As soon as we get over $8.50 or even above the $7.75 range more volume will push this stock higher. AS LONG AS WE DO NOT RETRACE UNDER...

chestephens1

in Elon we trust. -twitter turned around. -cybertruck production year -ford can keep up with the great EV race. -star link providing for those who can't provide for themselves 6.23.23 exp 280c

chestephens1 Updated 

I was given some information today that has concluded me to short SPX for the remainder of the year. Turmoil and scandal in the US has caused a turn in SPX bearish. The US is going bankrupt. I cannot say anymore than that. consolidation may occur at 3850 levels then further dip to yellow supply POTENTIAL 700 Point swing! 3:1 RR from MA200 (red) to the...

chestephens1

XRP super bull here! 'IT is our time to shine now! The Downturn of BTC and the other major cryptos due to the unexpected closure of a major exchange has caused a slight squeeze on XRP. In my opinion it seems as of recent BTC and XRP have been moving in inverse. We have major support at .31-33 levels with a common breakout level of .38. Recently we have not been...

chestephens1 Updated 

THE SELL IS IN. We cannot get a solid close over 24.6k to push for a 30k test which alludes me to a dive down to the impulse at 15-17K. The interest rate hikes in the past 6 months have just been another driver in KILLING the price of BTC and majority of cryptos. The banks are broke and are liquidating their initial positions for a possible lower buy in. The...

chestephens1 Updated 

Technicals show on the 1HR/ 4HR/ daily TF that USDCAD is at a makeshift resistance. Loonie needs to correct itself at 1.2975 levels if not an impulse dip to 1.292 to shake out retail buyers who were late to the party. WTI oil has also seen a support at $87 and is now looking to test the $97 resistance sector. (currently $91) DXY is in no-mans land with the...

chestephens1

A break of $22,740 will release BTC into a slingshot buy back to test 30K hopefully but 25-27K is imminent. BUY BUY BUY 22,200 Entry 21K stop loss 1:31 Risk: Reward ratio