ROWPartners

$DJI hit the lowest level since we warned, making the call of weakness in stocks
$NDX was the 1st to show weakness, had a huge run, but kind of holding lately
$MID breaking Green Moving Avg
$RUT breaking Blue Moving avg
$SOX testing Blue moving avg
Monday, may shed light

1
Interesting how $VIX & $SPX look eerily similar
2
Stocks held well considering Mr. $VIX keeps trying to push up
3
Hard to tell if SPX will give way or VIX pushes higher
$SPY RSI looked as if they wanted to push but too early to tell

$VIX already retested lower part of the trendline & is now touching the top part
RSI is far weaker but let's see how this ends today
Which way will the trend break?
Breaks to the top, $SPX going much lower
Break lower, stocks have some upside

Thursday will be Thursday
$DJI breaks above downtrend line & sinks beneath it
$SPX stays within the recent small downtrend
$VIX is a tad tricky
RSI is trending slightly lower, bullish 4 stocks
Trend higher is good, bearish
BUT
The recent top testing is getting weaker, bearish

So far, going as planned.
Been trading these Thursday for some time.
Until it stops working!

Right on cue for the markets.
$vix tested the downtrend & bounced. "Coincidentally" it transpires on a Thursday.
The RSI is weakening but the constant testing to the upside is concerning.
Also, it's Thursday, weakest day last year.
$spx $ndx $dji

🧵
Can $BTC bottom here?
This is chart shows Bitcoin futures in its infancy
Monday, December 10th 2018
LOWEST RSI reading
BTC weekly rarely gets oversold & only cam close 1x
Another Monday, June 13th 2022
4Yers later

To add a bit more...
Today $NVDA announces after close
Thursday's, since last year, have not been good
$VIX is pulling back, perhaps to the trendline this time?
RSI does seem a tad weaker than norm
IF we're to break this downside, as stated in the last post, Nvidia can do it

Been under the weather the last few days, but did notice this
Sent this to a friend wasn't going to post it here but, why not
We're Shadow Banned, don't even know why, so reducing content to a minimum
$dji $spx $vix
Stocks

Last year Thursday's were one of the weakest trading days
This year, Thursday's have also been pretty weak
However, think tomorrow might be different
Unless markets open up nicely & sell off at the end of the day, or the sell off, profit taking, is set for Friday

Last year Thursday's were one of the weakest days
This year, Thursday's have also been pretty weak
However, I think tomorrow might be different
Unless markers opens up nicely and sell off at the end of the day or the sell of, profit taking, is at for Friday

We need to see how this plays out.
Three things to notice:
Rsi is weakening as it hits the same level, negative divergence.
If we pull back, which it looks like it wants to, will it hold the trend line?
If it breaks out, then chances are we're going lower.
$vix
$spx
Stocks

Bitcoin is struggling since the false breakout mid January
So far, red moving average stopped every advance
This is why we need to look at volume
While $btc, historically, has not bottomed on heavy volume, the breakout has always been heavier than normal volume
BTC Crypto

Not posting much as have been trading like crazy!
Love Volatility as it makes one work!🤣
$DJI has been trending the 40EMA
Left chart
$DIA has also been trending off the 4Hr 73EMA
Right chart
Bouncing again, we'll see how strong
Feb tends to be an iffy month

It's RARE to see Weekly Gap Ups = Happened on Monday
$AMZN about to fill them
Will begin to nibble there

These last few days were likely the bottom for $TMUS

There have been few signs of a bottoming in $BTC
Yes, many have thrown the towel in on Bitcoin BUT we still have a few cheerleaders who will not cave in
IMO they need to give in, they aren't as adamant as before but still trying to hold the line
Weekly points lower
BTC Crypto

IF the $NFLX deal doesn't go through this can move
The best Netflix has looked in a long time
Weekly, very early, possible head & shoulder
If the deals doesn't go, who would they consider next?
$WBD @ $30 puts it around resistance
You an risk a few cents to make $2 or so