#Oil popped 0.5% on the futures open. Still watching $96 support and $87.50 resistance. Clean levels, nothing fancy. If $96 holds, could see a bounce play. Break below and we're hunting lower. Above $87.50, flip bullish. Right now just range-bound noise. No setup until we test one of those zones with volume. Stay patient. #USoil #crude #trading
$META pumped hard early week off #Muse hype and analyst chatter, but now it's stalling at $745 resistance with distribution vibes. Big wicks the last two days = sellers stepping in on every push. Topping tails are reversal flags.
Short setup is there, but I'm not in yet. Nasdaq still looks too strong and I'm missing the divergences I want. Watching daily—could flip short soon if weakness confirms.
Risk-first approach: no trade until the setup tightens.
$BTC tapped $86,900 early, got rejected as expected, now down 2.5%. Clean pullback in a still-strong structure.
First major support: $82,700 Next level: $81,000
This is just a pullback, not a breakdown. I'm watching price action at those supports. If we get a solid reaction—ideally around $81k—I'll consider taking profit on the short and flipping long.
If the bounce is clean, I'll also reload on some altcoins I recently exited. Pullbacks are part of the game. Trade the reaction, not the hope.
$UNG pulled near $3.08 but backed off—still +1.5% on the day. Chart setup unchanged, waiting for that target to hit. All other levels hold from prior calls. No chase, just patience.
Closed my oil short at $89.50 after riding it from $100. Still think $87.50 is in play (60% prob), but risk/reward compressed too much to justify the hold.
Here's the logic: • At $100 → 75% prob of pullback, $13 downside. Easy hold. • At $96 → 65-70% prob, $8-9 left. Still clean. • At $92 → 60% prob, $4.50 left. Marginal but okay. • At $89.50 → 60% prob, $2 left. Not worth the reversal risk.
Chart showed triple bull div on the 1H RSI around $89, signaling a bounce back toward $92. That was my exit trigger. Could consolidate here and base, could still dump to $87.50. Don't care — I took the meat, cut the tail risk.
This is how you preserve capital: lock greens when the setup thins out, don't chase the last $2 into a reversal. Could I be wrong? Sure. But I'd rather book 90% of the move than give back 50% hoping for perfection.
If it drops to $87.50 without me, fine. I already ate. If it rips to $92, I'm flat and clean. That's the game.
$UNG holding steady, eyeing $3.08 test soon. All setups stay live.
Quick note on contract rollover since it trips people up:
I chart NG1! (continuous front month). TradingView auto-switches to the next contract when volume flips — usually 3–5 days before expiry, not a fixed date. Right now we're on October, likely rolling to November today/tomorrow at $3.17.
The catch? Your chart might show a fat profit, but reality's messier. I trade the ETF so I skip rollover headaches, but rollover costs are baked into the ETF either way. You pay for convenience.
Still watching $3.08. Plans unchanged. Protect your stops.
$Oil dipped 1% overnight. Still eyeing one more leg down into $87.50 before I'm interested. All levels and plans unchanged from yesterday. Watching for that final flush before any long setup. No chase.
$COPPER finally cleared the highs, up 1.6% today. Clean breakout but not convinced it's got legs.
Wanted to see $7 broken — big psych level — but triple negative divergence on daily RSI + volume tapering off. That's enough for me.
Added to my short. Not waiting for $7 to chase a better entry. Orange line support and $6.72 below, but expecting both to crack. Targeting $6.36 zone again.
Divergence + fading volume = fade the rip. Lock it in.
$UNG finally waking up — +6.5% today, right into that September 3rd resistance. Been grinding this for a month. Main level to watch is $3.08, that's where I'm locking in profits on this long. Expecting a pullback there, not forcing anything.
Medium-term still bullish though. Think it runs to at least $3.35 over the next few months. Not shorting at $3.08 — if we get a decent dip after the profit-take, I'll reload long. Let the setup come to you.
$SILVER pushing +1.7% and testing the parallel channel top. If it clears clean, $71.30 is the next major level — that's the signal the bottom's locked in.
But I'm not chasing yet. Today's move is borderline, not a confirmed breakout. Even if it pops, I need follow-through before I shift bias.
Slightly more bullish now, but no real change to the plan. Waiting for confirmation before I add size.
Not much moving. Crypto's just riding stocks right now — no real breakouts, no cracks.
CVD on spot and futures both bleeding down. Could be setting up for another leg, but we're stuck between levels. No clean setup = no trade. Wait for structure.
$BTC down 0.3% but bouncing hard off intraday lows — stronger than I expected. Pullback from 86900 came as planned but didn't dig deep or last long. Now floating back toward that level with weak volume and no real buyer conviction, so another rejection's likely.
Still short. No changes to the plan. Watching 86900 for confirmation.
$COFFEE dropped 1.5% today but the structure hasn't changed — just lost $281 so that flips to resistance now. Next likely stop is $264 support. Watch those levels, no drama yet but the downside is clear if $264 doesn't hold.