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OB Expect pullback in Cup and Handle Formation

Oleh DaddySawbucks
Diupdate
C&H ought to move down soon from overbought to form Handle.
This rally may be a first wave in an impulsive move higher, if so a 2nd wave retracement soon.
Catatan
Bear flag broke down; going ITM
Trade aktif
Shorted QQQ, SPY near HOTD
Catatan
Gap from Monday 9/28 to be filled...
Trade aktif
Closed out intraday on the strong sell after 2PM; Take What the Market Gives You!
Catatan
TBVH need to tread with caution here now, expect consolidation followed by breakout resolution, within a week or two at most; IMO will get Bullish in October:
marketwatch.com/story/what-history-says-tends-to-happen-after-the-u-s-stock-market-logs-ugly-september-losses-11601498299?mod=mw_latestnews
NQ on average gains 4% in October after losing >5% in September...!
Chart Patternsoverbought-conditionWave Analysis
DaddySawbucks

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