Unofficial Short Ideas – Right Side Of The Chart

Stock Market & Sector Analysis 2-17-22

rsotc — Thu, 17 Feb 2022 15:57:44 +0000

Near-term & longer-term analysis including some key levels/developments to watch for on the S&P 500, Nasdaq 100, & leading sectors of the stock market.

Stock Market Analysis 12-9-21

rsotc — Thu, 09 Dec 2021 19:51:01 +0000

The following video provides both short & long-term technical analysis of the major stock indices ranging from the 60-minute intraday charts out to the long-term monthly charts.

Nasdaq, Crude, & Nat Gas Charts 10-6-21

rsotc — Wed, 06 Oct 2021 13:30:34 +0000

/NQ reversed right on cue yesterday a the minor downtrend line + price resistance which was highlighted as an objective level to reverse from long back to short. That was good for a quick 2¼% pullback trade with /NQ hitting & bouncing off the 11434ish support, so far. I’d put fair odds on another run at the trendline but either way, a break below the recent lows would open the door to the next leg down towards 14050.

The light-colored arrows show the alternative “near-term bullish/intermediate-term bearish” scenario of a rally up to the primary downtrend line before a resumption of the primary downtrend off the early September highs. However, that still remains my alternative scenario with the odds for my primary scenario (yesterday’s bounce terminated at the minor downtrend line with the next leg down towards QQQ T3 & /NQ 14050 underway) increased since laid out in the late-session video now that most of yesterday’s rally has been faded. 120-minute chart below.

NQ 120m Oct 6th

/NG (natural gas futures) is trading at the bottom of the 60-minute bearish rising wedge pattern with a sell signal still pending a solid break below it. /QG is the symbol for the MINY nat gas futures contract while KOLD is the -2x inverse (short) nat gas ETN.

NG 60m Oct 6th

A sell signal on /CL (crude oil futures) is still pending a solid break below this 120-minute uptrend line.

CL 120m Oct 6th

Stock Market, Gold, & Silver Analysis 9-30-21

rsotc — Thu, 30 Sep 2021 16:47:29 +0000

The following video provides technical analysis of the major stock indices & market-leading stocks as well as gold & silver.

Stock Market Analysis 9-29-21

rsotc — Wed, 29 Sep 2021 16:40:32 +0000

The following video provides technical analysis of the major stock indices including market internals.

Short & Long-Term Stock Market Analysis 9-27-21

rsotc — Mon, 27 Sep 2021 16:58:10 +0000

Technical analysis of the major stock indices & market-leading FAAMG+T stocks from both a near-term & longer-term perspective.

QQQ Sell Signal Pending

rsotc — Thu, 19 Aug 2021 13:16:34 +0000

Barring a reversal into or after the market opens today, QQQ will likely trigger a sell signal today as it is currently trading below the support zone. I’ve also added a minor support level at 358.35 on the 60-minute chart below.

QQQ 60m Aug 19th

Likewise, /NQ (Nasdaq 100 futures) is trading just below the 14787 support level with a sell signal to be confirmed on a solid 60-minute candlestick close below during the regular trading session today.

NQ 60m Aug 19th

Sector Analysis & Swing Trade Ideas 8-17-21

rsotc — Tue, 17 Aug 2021 15:36:25 +0000

The following video provides technical analysis of the major stock indices as well as the financials, industrials, & retail sector followed by trade ideas on various retail stocks.

S&P 500 Breakdown, Nasdaq 100 Pending

rsotc — Wed, 16 Jun 2021 17:31:34 +0000

/ES (S&P 500 futures) has broken down below the 60-minute bearish rising wedge with that sell signal to either be confirmed (most likely) or foiled after the 2 pm FOMC announcement today. Horizontal lines are potential downside targets.

ES 60m June 16th

/NQ (Nasdaq 100) sell signal is still pending a breakdown below this 60-minute rising wedge pattern.

NQ 60m June 16th

/RTY (Russell 2000 small-cap index) is currently testing the 2305 target following the recent trendline break/sell signal with the next sell signal to come on a solid break below it, ideally after the FOMC announcement.

RTY 60m June 16th

Stock Market, Financials & Industrials Analysis 6-10-21

rsotc — Thu, 10 Jun 2021 16:52:57 +0000

The following video begins with technical analysis of the S&P 500 followed by the financials, & industrial sectors including some of the market-leading industrial stocks.