DMA
Destra Multi-Alternative Fund
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Looking Back to the Future: $DUOT, $SING and Newbie: $SKYX
$BA Boeing levels -- where the bones in my ancient tortoise shell say price may bounce to the moon
DD: Scary Fast to a Recession Next Year
Mid-Month Technical Analysis Review of SPY QQQ IWM
Why I believe Apple's stock buybacks are misallocation of resources.
Trade Journal & Technical Review of September + Look Ahead for October
Rivian (RIVN) Up Over 5% & Closes Above its 5, 21, 50 & 200-DMA!
Technical Analysis Snapshot so far of September 2023
Is DCAing better than waiting out using a simple rule?
Watch Deutsche Bank (DB) - today's factory orders sending a signal of more trouble to come
Reasons other than IV that cause a skew in ATM prices ?
Wall Street Week Ahead for the trading week beginning August 14th, 2023
WOW, NVDA 2 weeks from their earnings at 420!Bespoke posted the below chart
Rivian kissed the 200 DMA yesterday and closed at some old resistance. If it closes above these lines today, looks like it's gonna climb.
Morning Briefing 🌞 June 16th 2023
$DTSS bullish break above the 50 DMA yesterday
Sometimes it really does feel personal.
$OLB, $MIGI, $WULF, $RIOT, $MARA--Rebounding if Bitcoin rebounds after selloff last week
$SOBR chart, reversal confirmed watch for break of 8 DMA today
$DFLI beautiful double bottom chart
MARA ($MARA) stock price prediction: MARA ready to break $10 threshold?
The Bullish VIX Reading That I Called Out A Couple Weeks Ago Is Signaling Buy Again!
The Bullish VIX Reading That I Called Out A Couple Weeks Ago Is Signaling Buy Again!
The Bullish VIX Reading That I Called Out A Couple Weeks Ago Is Signaling Buy Again!
Good morning 🌞 my fellow $LLAP 📡 🛰️ bulls. Just a friendly reminder 🚨 that there is HUGE 🧐 open interest in calls, and shorts 🩳 🔥 who got gapped up on are still under water and posting hate online. 20 DMA bounce and MAC D goes green today.
Wall Street Week Ahead for the trading week beginning March 6th, 2023
Disruptive search engine tech with a massive IP valuation in the $B's trading under 25 cents a share (BBLR) Looks like she could run!
BBLR I have a feeling this will be a big one. Looking at the chart and recent IP/Patent valuation I think you will feel the same way.
Latest from Charlie McElligott on Equities, CTAs, Volatility & Skew - FLOATING IN THE ETHER
Latest from Charlie McElligott on Equities, CTAs, Volatility & Skew - FLOATING IN THE ETHER
Latest from Charlie McElligott on Equities, CTAs, Volatility & Skew - FLOATING IN THE ETHER
Charlie McElligott's 2/21 Desk Note - FLOATING IN THE ETHER -> Thoughts on equities, CTAs, vol & skew
Nomura's Charlie McElligott 2/21 Desk Note -> FLOATING IN THE ETHER (Equities, CTAs, Vol & Skew)
Nomura's McElligott on Vol, Skew, CTAs & US Equities Levels -> 2/21/23 Desk Note
$QQQ 2-hour chart looks set for an open below the 13 SMA and the 8-DMA. We could be set for a fall toward $296.
Technical Analysis & Trades: SPY QQQ IWM // TSLA CHTR UNG AMGN
Technical Analysis & Trades: SPY QQQ IWM // LVS UNG PFG AXP WBD K KHC
Technical Analysis & Trades: SPY QQQ IWM // JNJ LMT CVS
Technical Analysis & Trades: SPY QQQ IWM // NFLX JNJ LMT UUP
Daily Review: Technical Analysis of SPY IWM QQQ
Late Week Catchup: Technical Analysis of SPY QQQ IWM
Jan-13th Wrap-Up: Risk-On & CTAs Buying... But SPX Earnings Revisions Point to Hard Landing...
Jan-13th Wrap-Up: Risk-On & CTAs Buying... But SPX Earnings Revisions Point to Hard Landing...
Jan-13th Wrap-Up: Risk-On & CTAs Buying... But SPX Earnings Revisions Point to Hard Landing...
Jan-13th Wrap-Up: Risk-On & CTAs Buying... But SPX Earnings Revisions Point to Hard Landing...
SPX Jan13th Opening Notes - Flows, Gamma/Levels & Positioning
SPX Jan13th Opening Notes - Flows, Gamma/Levels & Positioning
Daily Review & Trades: Technical Analysis of SPY QQQ IWM
Daily Review & Trades: Technical Analysis of SPY QQQ IWM
Daily Review & Trades: Technical Analysis of SPY QQQ IWM
Daily Review & Trades: Technical Analysis of SPY QQQ IWM
Daily Review & Trades: Technical Analysis of SPY QQQ IWM
Wall Street Week Ahead for the trading week beginning December 19th, 2022
Wall Street Week Ahead for the trading week beginning December 19th, 2022
Investing in Splash Beverage Group (SBEV) could be tantamount to investing in Monster Beverages (MNST) when it was $1/share. On verge of technical breakout over $1.04
A Reverse Split, Pending Dividend (Approx. 15%), New EV Technology, and an Acquisition, Set up for a Potentially Big Move, 1.6M Share Float
A Reverse Split, Pending Dividend (Approx. 15%), New EV Technology, and an Acquisition, Set up for a Potentially Big Move. 1.6M Float
LWLG broke up thru 200DMA today, 17M shorts with 39+DTC, 2 Chip foundry commercialization progress reports by year end
Charlotte's Web Stock [CWBHF: OTC] Second Consecutive Close Above its 200-DMA
Updated analysis, acquisition out today $KULR , Looking ready to break 50 DMA soon
Updated analysis, acquisition out today $KULR , Looking ready to break 50 DMA soon
Yesterday Spy 100DMA crossed 50DMA, so I bought puts.
WeWork stock (WE) Short Squeeze Thesis: 77Milllion Shorts and A Short Tale of Footprints in the Sand (now with 80% more technicals)
Wall Street Week Ahead for the trading week beginning August 22nd, 2022
Wall Street Week Ahead for the trading week beginning August 22nd, 2022
Confirmed reversal, Low float on the next runner ($GROM) right here .50/sh
Full report on the next runner ($GROM) right here. confirmed reversal...
BBBY running into major resistance at $14.27 (200 day moving average), it clears and we’re off to the races
Desktop Metal - The Next Industrial Revolution (Continued… Aug ‘22)
Desktop Metal - The Next Industrial Revolution (Continued… Aug ‘22)
Wall Street Week Ahead for the trading week beginning July 25th, 2022
Wall Street Week Ahead for the trading week beginning July 25th, 2022
Do you think the S&P500 would rally to its 200DMA in the months ahead?
$RMO outperforming market and consolidation going on, currently trading above 20DMA
Mentions
I misread when you said if it closes 50. I read that as closes below 50K. I freaked the fuck out. Let me study what you wrote above. When you study the 50DMA. You measure Sunday to Sunday?
?? Every big bull run as long as Bitcoin has a weekly close above the 50 DMA it continues to move higher, especially when it is actively testing it. Every run where it has ultimately closed below it, the cycle has ended and we’ve entered a bear market.
$85 was 21DMA it respected , could start a small position If market gets more unsure it probably fills that $60 gap down below
HOOD crossing the 50 DMA
Rugpull back to the 100 DMA mmmmm bols would panic
It bounced off the 50DMA without any change in sentiment and hit 130 again before doing this next leg down again. It'll hit another weird level and bounce back hard off of it. Just a waiting game
Maybe mid 80's if we experience a big sell off during the Nvidia earnings? We're bouncing in a pretty solid range between $94-96 which is somewhat if a no mans land from a technical analysis perspective. Unless a crazy good catalyst happens nothing of significance will push it higher until the institutions and banks looking to load up all hit a "we buy no matter what" level which was the 50DMA last time we dipped
There's still a lower bottom to be found since we lost the 50DMA but definitely an amazing entry point
the tag the /NQ 20 day DMA bot has been appeased, we may bounce now.
on the daily chart, META is trading below 200DMA, 50DMA and the 20DMA. RSI struggling around 30 for the past week
Looks like it’s at the 200 DMA. Might get a bounce. RSI low.
NBIS breaking 50DMA suuuucks, more long term holding. Could get some cheap Jan 130 calls?
From the call it sounds like they're not looking to do it all at once but yeah. We closed below 50DMA without a big jump off like last time - might be a wait 2-3 days before jumping back in kind of move? Either way it's still priced dirt cheap
It's clear that they are dropping this to $127.50 to create a triple bottom. It will also retest the 50 DMA as well around $130.
looking at the 1D and 2H charts for VIVK, it's trending very bearish since 07/24, well below 50DMA. Pure momentum/speculation play.
Ehhh, Bitcoin looking like it might have a weekly close below the 50 DMA on Sunday. 100% indicator of confirming a bear market unless this time is different.
1. Alternative labor data came in weak, so Dec rate cut back on. 2. Consumer sentiment at multi year low (50.3), usually typical of a bottom in the market, even if odd when near ath (bullish) 3. SPY & QQQ bounced off 50DMA (support showed up) - this was expected, given that there really are no major red flags to suggest the market is rolling over, but rather it’s just a simple pullback There was strength in the market in that there was clear rotation happening, not just to sell off of everything. Plus all the mega caps are still in an uptrend. Bull market is clearly still in tact. Then, what set of the small cap/high beta and AI trade was, as people mentioned, the democratic deal. Even though Republicans turned it down, the market didn’t buy it. If Trump doesn’t get a deal done asap then the market will remain choppy and/or could reverse today’s late move. I still think we are not gonna rollover unless the shutdown extends into late November. If it does get done, say this weekend or early next week, expect ATH for SPY and QQQ soonish.
Were in a bullmarket: RSI 40s Hit trending support Bounced at the 50 DMA
Pulling back to the 50 DMA was almost too obvious
Hardly at all. If bitcoin closes above the 50 then it’s legging up again into end of year. It has now retested the 50 DMA 4 times, the previous 3 times we were always at extreme fear just like now and everytime it closed above the 50 DMA then proceeded to leg up 50-60%.
SPY, QQQ green by close... wknd green prints sends msg dip is over on Monday. Those calls I bought at the 50 DMA printing.
All the 50-day DMA's (spay,qqq,/es/,/nq) are now touched.
SPY is not far from the 50-day DMA of 664.75 That is usually when things bounce and good entry (or exit) points.
Cutting through 50 DMA like hot knife through butter . Sit on your hands buddy
Most people are fine holding until their stocks fall below their purchase price. I think we go much lower, but no one knows. I just find it humorous that peeps here are bragging about BTD. I will be BTD as well once we have a pullback to the 200 DMA.
Bitcoin acting like hodor in season 6 on that 50 DMA
Consolidate around the 20 DMA for 2 weeks then blast off. Makes sense, lets the market cool and the Santa rally to take off. Lots of profit taking EOY
The fake support line above the 50 DMA is gonna get shredded today book it .
Surprise gap down to 100 DMA and this thread goes ape
Also how is it a bubble if 62% of stock are under their 50 DMA? Most gains are just Mag 7, quantum, & data center stocks
META is the play back to $680 DMA
By that logic the bear market doesn’t start until bitcoin closes under the 50 DMA. We just tested it yesterday and it has till Sunday to close above it.
User name checks out. I'll wait until the $SPY hits it's 200 DMA before I start BTD.
The faster Bitcoin hits the 50 DMA, the faster the crypto rally begins.
https://preview.redd.it/c54h1krmlbyf1.png?width=1779&format=png&auto=webp&s=a3853299fceac7dc46d16f33452015aa425d0b44 DFLI: Trend: Uptrend > 50 / 200 DMA Technical Status: Neutral to Slightly Undervalued Entry Zone: Pullback to $1.15 – $1.20 or breakout > $1.35 on volume Notes: Post-offering at $1.35 created resistance; price still above major moving averages but volatility high. BYND: Strong short-squeeze momentum but weak fundamentals. Treat as speculative; protect gains if momentum stalls.
Bitcoin wants the 50 DMA so bad before it launches.
META hit 27 on the RSI and crossed under the 200 DMA in a roaring bull market and you didn’t full port calls????
$NFLX is below it's 200 DMA and also had a huge 1x foreign tax bill. Before BTD in $META, wait for $NFLX to catch a bid.
SE looking attractive nearing the 200 DMA. Always bounces off.
Probably going to like 830-840. Broke out of a channel, closed above the 50 DMA which is a big deal on Wall Street, and has been signaling 800+ on quant indicators. I’m currently 150K deep in 4/16/26 $800, $900 bull spreads.
META is probably the most obvious play for earnings. Relatively flat since February, money printing machine, just broke out of a channel to the upside with a close above the 50 DMA. Big move to the upside couldn’t be clearer IMO
It’s not old news spurring today’s rally. It’s simply a bounce off the key trend lines of the 50DMA and 200DMA, which in technical analysis is classic routinely occurring behavior in such a setup. This bounce was expected as probable.
98K to wipe out stops then close above 50 DMA by Sunday would be absurdly bullish
I like finding the 20DMA for PMs, don't blow it Europe smh
SPY cant pass the 20 DMA. We are cooked
If it breaks 20DMA it could go lower, but it's so far held that support. I think it's going to bounce and continue it's run as the market/world gets shakier
just wait, it bounced off the 20DMA. Asia will buy overnight, the U.S. will try to suppress the price but if markets get shaky, government stays shut down, and a deal with China and Russia fall through....Gold will continue to run
$QQQ was rejected before taking out its 10/8 highs. We are likely going to retest the 603 price area which also aligns with the 20 DMA. The last time Gold sold off this hard was right before the 2021 correction. Vix has also moved 5% higher this morning. My $SQQQ position just turned Green. The Bulls started their celebration a bit too soon it appears.
Means nothing for now in the grander scheme of things. I wouldn't expect any serious movements unless we bounce hard(8DMA we closed at today, need to bounce of it or it'd further down we go) or earnings call date is finally announced.
AMZN is glued to the 200DMA for the past 4-5 trading sessions
I think that’s right. That’s similar to what I’ve been saying the last day or so around here. There are two major things going on right now technically. Looking at the chart, 0.43 is a notable prior ceiling of resistance that’s now support. The last three sessions have seen it stop falling dramatically lower and hold steady at 0.43-ish, that firmness despite some down days in the market. In addition, the 50DMA is about cross through the 200DMA, which suggests a trend reversal to the upside is now underway. I think we’re about to see a bounce higher based on the technicals. https://preview.redd.it/mrpsblakgwvf1.jpeg?width=990&format=pjpg&auto=webp&s=5921432a8b5e8f5fbfe3ff63bdb58630266867e3
Imagine not buying the bottom on crypto when bitcoin is correcting to the 50 DMA and bounces. As long as bitcoin stays above the 50DMA on a weekly close the run isn’t going anywhere haha
if we don't crash to the 100 DMA next week I'm ending it all
Bitcoin is retesting the 50 DMA…it holds 102K then rips to the moon by EOY. In every strong crypto run Bitcoin will always hold the 50 DMA and we haven’t got alt season yet. This is everyone’s opportunity to buy GLD at 305 again in a sense before the big breakout.
AMZN gonna end below the 200DMA for sure today
AMZN couldn't bounce back from the 200DMA. Ded
102K is the 50 DMA. Doubt it closes below it. If it does then this crypto cycle is over
AMZN with yet another attempt at staying below the 200DMA
I look for tickers that have PE > 100, and above 200 DMA 🤌
GLD rallied through the September pull back. S&P still yet to close below the 50 DMA. No one knows shit about fuck I think we’d both agree on. I choose to think the GLD play is finally at a point where it’s too obvious and goes back to flat while equities surge through another earning season.
AMZN definitely going to end the day below 200DMA it seems
AMZN with third consecutive day to test the 200DMA. Please hold
All this rare earth shit needs to go down and re test the 50 DMA before I start full porting
I’m more partial to DAM and DMA
and AMZN tested 200DMA again today, and goes below it. FFS bounce back
Something something. 20 DMA on spy.
AMZN gonna test the 200DMA today as well
Will it drop 40% given that the top is in? SPX has closed 3 days in a row under 20DMA, last time this happened was in Jan 2022. Before the 40% drop 🤫 #top might be in
Will it drop 40% given that the top is in? SPX has closed 3 days in a row under 20DMA, last time this happened was in Jan 2022. Before the 40% drop 🤫
#Will it drop 40% given that the top is in? SPX has closed 3 days in a row under 20DMA, last time this happened was in Jan 2022. Before the 40% drop 🤫
Will it drop 40% given that the top is in? SPX has closed 3 days in a row under 20DMA, last time this happened was in Jan 2022. Before the 40% drop 🤫
SPX has closed 3 days in a row under 20DMA, last time this happened was in April. Before the 40% rally 🤫
AMZN headed back to 200 DMA value for the day.
still not out of the woods, multiple days below 20 DMA means trend following starts to sell
AMZN keeps dipping, not enough support around the 200DMA. oopsie
someone save AMZN, please. Don't let it dip below the 200DMA
AMZN you better bounce from the 200DMA, or else it is going to be a nightmare in the coming weeks
ES SPY levels are going under the 20 DMA and gettting near the 50, A lot of funds have to adjust accordingly and this is starting to look like the beginning of a significant pull back. Yesterday was just a higher low.
I bought back the shares of $SQQQ I sold at close Friday. I expect a pullback at least to the 50 DMA.
VIX chart looking sus as fuck, whenever it goes above the 50 day DMA it seems to spike not long after
Yes, that’s what I mean by leverage. This is a good level to buy shares and its holding over the 5DMA today. Want to see broader market recovery before buying options on pretty much anything.
Until the $QQQ regains gains to the 1st sell-off level on Friday down to 603.64, this sell-off is still intact. I am not saying the market is going to crash, but the $QQQ and $SPY will retest their 50 DMA's before setting a new ATH.
I’m targeting a re-test off the 50 DMA on SPY, sold Friday, will start tipping cash in there
It's healthy for the market to have corrections like this. Market is way overbought and overvalued. I would position for buying at the key technical level of 6050 on the S&P 500, this would be at the 200 DMA and 50 WMA, this would be a 10% correction from the highs.
He’s not lying about china, but what is he really going to do about it Perfect time to let index’s come back to touch the 200DMA and put out a “this is a great time to buy” lmao
Sure once the $SPY reaches it's 200 DMA which would be....603.27.
Declining 50DMA $17.03 is either a speed bump or a brick wall.
Easy $$$$ - calls on cvna, always bounces back to $400 after dipping below the 50 DMA Thank me later
Cvna at 50 DMA, easy calls here… cash out when it goes back to 390 Have done this like 15 times lol
GOOGL bounced right off of 20DMA
big picture, we’re in a liquidity-led melt-up window. PTJ basically said “party like it’s ’99”: rate cuts + \~6% fiscal deficit is a combo we almost never see. that brew feeds gold, BTC, and the Nasdaq first. he also owned a bad May call (bearish into “new lows”), flipped when price reclaimed the 200-day MA, and reminded everyone: above the 200DMA in an easing regime is where the real juice happens. meanwhile, leverage is already higher than ’99 once you include levered ETFs, and he thinks it probably exceeds 2000’s peak into a blow-off, great on the way up. fold that into the macro stack and my gut tells me liquidity will keep driving assets assets. translation: BTC leads, and when ISM clears \~50–55 and breadth improves, rotation goes BTC -> ETH -> high-beta majors. the Milkshake overlay explains the air-pockets: when USD collateral is scarce (QT, TGA up, basis stress), DXY rips, risk compresses, and BTC outperforms alts; when chairs are added (TGA down, RRP drained, global M2 up), you get the full rotation again. watch the plumbing to know which regime you’re in.
No we don't need to ridicule regulation. We need it so we don't end up like the US where corporation bribe...sorry lobby the government with billions and billions of dollars so they can exploit, underpay and abuse their users and employees. What we need is streamlining regulation and digitalize the entire process of starting and managing businesses. We need GDPR, DMA and the rest we just don't need every other EU country having another set of rules on top.
Europe regulation is fine. They simply have too many layers of regulation. We have EU regulation like GDPR, DMA and so on. All of those are sensible and essential. What fucks Europe over is the fact each country than has individual laws on top of that. And the reason they all move the US is that they can bribe the government...sorry lobby it to deregulate so companies can spy and exploit their users.
If you plan to hold long term you will likely be fine, and come out ahead. There are a few ways to handle the risk with leverage: Buy only when it’s south of the 200DMA (but moving upward), hold while north of the 200DMA, then sell when it moves south of it again. Or for those of us who are lazy, like me: find your risk tolerance and set your stop losses for that number. Change it weekly as it moved up, or just set a trailing stop loss.
Nvidia positioned above 200 DMA ready to fly soon new ATH
UNH is gonna retest the local high of 362 today or tomorrow, you heard it here first. If we break that it’s clear air up to 415 (200 DMA).
I’m afraid that was it my guy, was retesting support, all uppies from here till we test the 200 DMA at 415 I think
50% profit-taking captures ~70% of theta decay in 1-2 days, aligning with 3DTE’s rapid decay curve. Historical backtests show managed 30-delta PCS post-sell-off achieves 80% win rate vs. 68% unmanaged. strategy vulnerable to multi-day sell-offs Avoid entries if VIX >30 or SPX < 20DMA
50% profit-taking captures ~70% of theta decay in 1-2 days, aligning with 3DTE’s rapid decay curve. Historical backtests show managed 30-delta PCS post-sell-off achieves 80% win rate vs. 68% unmanaged. strategy vulnerable to multi-day sell-offs Avoid entries if VIX >30 or SPX < 20DMA
SPY's so far above the 200 DMA it's fk'n up my chart.