Trading for a sub 1 Million Account

Trading for a sub 1 Million Account

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Trading for a sub 1 Million Account
Trading for a sub 1 Million Account
Small buy signal on the GEX --> Heads up!

Small buy signal on the GEX --> Heads up!

Andreas Himmelreich's avatar
Andreas Himmelreich
Jul 26, 2024
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Trading for a sub 1 Million Account
Trading for a sub 1 Million Account
Small buy signal on the GEX --> Heads up!
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We have a positive divergence between GEX and Price, Gex (only slightly) up, price down:

Also, this (chart above) is bouncing territory.

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What needs to happen now —> SVIX gapping up and building a flag that looks like this…

This (above) is a perfect example, so it does not have to look as perfect as this.

We have an about 9.5% correction on the QQQs, that is also bounce territory in a “liquidity is up year” (and liquidity is up not only for the year, but in recent weeks also).

This is not an all-clear buy signal, lot of things need to happen. But —> heads up!

Network Momentum aka Quads —>

This is a very strong reading (Quad 1-2 stronger than Quad 3-4) into a drawdown like this.

What looks best? (with premarket pop, green line average 5 day relative strength, pink = RSI > 50) —>

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