TradingPal
478 posts

TradingPal
@TradingPalHQ
Nightly screener: wedges, trendlines & consolidation breakouts across 600+ stocks, crypto & ETFs — each drawn on the chart with backtested win rates & alerts.








Volatility season starts now. Anyway, buy the dip. 7 forces are converging on the same three-month window into October Any one of them alone is a curiosity. All 7 pointing at the same few weeks is a map. The full map, chart by chart (free): thierryvonarvy.substack.com/p/volatility-s…



Did I crack the code? I hope I'm making someone rich (btw, I'm trading on this myself ofc). Now that the bounce is here, expect $SPY to go to $748 and then run out of gas. Between 748 and 761, there will be a tremendous urge to buy because everyone is going to assume we are back and want to fomo in. I expect X to be full of bulls. But that's when the real drop starts. My bearish position remains and the new target is $705 around early Sept. I would be wrong if we end a week above $761. Why risk a 7% draw down for 2% upside. If anything, wait until we go above $761 even if you think I'm wrong. #SPY #SPX $QQQ



I hope you sold above $748 on $SPY when I tweeted and sold TQQQ at the top. I told you I have a crystal ball (actually it's pretty sophisticated behind the scenes) But my follower count is... 💩. Any ways, appreciate the early follows. We're still learning about X. A quick update here. The diamond pattern we discussed on June 23rd is playing out on both SPY and $QQQ. As of this morning, there is a confirmed breakdown on QQQ and I expect this to drag SPY down too in time (see 🧵). When it's all said and done, there will be a mini-panic as the measurement of panic, $VIX, will be above $23.8. Why? Because there is a gap that never filled and I cannot find another example of this in the past decades I looked. The targets remain the same (t: ~$700 around mid Sept). Boy, wasn't it so bullish on X yesterday? Careful! I don't want you to lose money. Be bullish only if we close a week above $761. Otherwise, the odds are in favor of hitting our target as opposed to going higher. In other news, Tradingpal.io is progressing well. I have both the landing page, premium screener, and tutorials completed. The only thing left is optimizing the algo for higher win rates, expected R, lower max draw down, etc. When that's satisfactory, we will work full time on X and bring you trade setups and show our work!




















