Sell where the arrow is. A retrace from to the 100 before continuation, the first fib exhausted. Target 423.6

Swings and scalps

The fib levels are holding here although there is still some downward pressure. Is this little fib the first sign of reversal?

Swings and scalps

Wouldn't be surprised if we hit the 23.6 level. If momentum persists it could hit it where the arrow is.

Swings and scalps

Good place to get in if it turns out to be a bull flag.

Swings and scalps

The sma 50 approaches. This spike down happened really fast. The only way to cash out on spikes is to manually trail the stop while staring at the chart or set a target, logically a fib extension makes sense, but which fib, there are so many? What I ...

Swings and scalps

Chaos theory in the works. With how much is has spiked will it come down soon? More long term analysis pending. The long I have has become a swing trade it looks like, but I want to set a long entry at a longer term retrace level, or a short at an ...

Swings and scalps

Perhaps the correlation is not a strong 3 hours after the bell.

Swings and scalps

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Swings and scalps

This shows a good example of 161.8 reject and then sail to 423.6 like I said about gold earlier.

Swings and scalps

BTC is right at the 423.6 from the first butterfly fib. Not going to short here but perhaps on a pullback.

Swings and scalps

Bitcoins tie to the USD correlated with the jump in stocks, crude, and gold drop. For some reason my short entry stopped out a minute later so I lost money on bitcoin, it was supposed to be my safety hedge.

Swings and scalps

The confluence of resistance points at the top arrow is what I am looking at. Just giving the move a little more time.

Swings and scalps

VWAP bounce on the SPY, maybe gold will head down. It would be interesting to see how much in the day it correlates, the bell likely the highest, perhaps tapering off.

Swings and scalps

Still inverse although my 1 oz of gold is a little choppy.

Swings and scalps

Another head and shoulders, this time on the SPY, reason to hold my long and not enter short on gold ,despite the 50 fib level.

Swings and scalps

Now the 50

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2nd rejection. It hasn't made it quite to the sma 50 o the 5 min so I'll pass on this entry short.

Swings and scalps

Often a rejection of the 161.8 sends it sailing to the 423.6. Possible short but perhaps too aggressive. Watching. Long presently still.

Swings and scalps

Correlating well on the 1 min for the most part.

Swings and scalps

Gold should go down if stocks go up, I'll stop if it does, but I'm at breakeven.

Swings and scalps