Full time trader // Macro - Momentum - Price Action // BTC & Stocks // Talent @Chroma_Trading : https://teapaw.org/t.co/qOpL3Evuoa // Twitch : mac_dyson
Joined April 2023
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Traveling to Sweden today, probably won't take any trades.
You cane expect LTF volatility at NYO, but I wouldn't recommand trading it.
$BTC CVD Spot & Futures
It looks more and more like absorption doesn't it?
CVD spot sneezed and the whole move died.
It’s fair to say that this is due to "disappointing" earnings reports from major companies.
Spot CVD has rarely been this strong on $BTC, yet price keeps getting absorbed and is being contained.
Breakout or absorption? Which one do you think comes next? 👇
AI disillusionment everywhere.
$AMZN is getting crushed for the same reason $GOOGL did yesterday: simply failing to meet EPS expectations.
But don't assume that beating expectations would have triggered a pump.
Just look at $INTC: EPS came in 30% above expectation, yet the stock still dumped 25% over the day.
Why? Because we simply met earnings expectations. Nothing more, nothing less.
The bar is high, and the market is no longer rewarding circular AI investment loops alone.
Post-market reactions to earnings:
- Google: -10%
- Microsoft: +5%
Tomorrow is even busier on the earnings front. To name just a few: Amazon, Intel, Sandisk, Samsung Electronics and GE Vernova.
Expect volatility in both directions, as we saw today with Google and Microsoft, depending on each company’s results.
Post-market reactions to earnings:
- Google: -10%
- Microsoft: +5%
Tomorrow is even busier on the earnings front. To name just a few: Amazon, Intel, Sandisk, Samsung Electronics and GE Vernova.
Expect volatility in both directions, as we saw today with Google and Microsoft, depending on each company’s results.
LIVE on TWITCH🚩
$80,200 reclaimed✅
Let's find a long now!
twitch.tv/mac_dyson
LIVE on TWITCH🚩
Can we really reclaim $80,200?
Tune in to find out!
twitch.tv/mac_dyson
