Konsta (@degeneratez_) 's Twitter Profile
Konsta

@degeneratez_

👺Contrarian trader - if 90% of traders fail, why follow them?

ID: 1496743970273378307

calendar_today24-02-2022 07:09:12

3,3K Tweet

449 Followers

197 Following

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Imagine being short when every level is holding and being respected $SPY $SPX As clean as gets, no shorts until structure breaks

Imagine being short when every level is holding and being respected $SPY $SPX

As clean as gets, no shorts until structure breaks
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Pre-market plan $SPY solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr Another gap up and huge move on $AMD and $SMCI post earnings Levels respected cleanly so far, first area on watch today and a key pivot is overnight breakout at 7270-7300 area Upside area on watch is

Pre-market plan $SPY solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr 

Another gap up and huge move on $AMD and $SMCI post earnings

Levels respected cleanly so far, first area on watch today and a key pivot is overnight breakout at 7270-7300 area 

Upside area on watch is
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Upside level: 7350 call wall / magnet is the key upside target and likely resistance/ pinning zone. If price rejects there, avoid chasing longs $SPY $SPX Downside level: 7265 put wall is the key support zone. If price loses it with momentum, downside can open up faster

Upside level: 7350 call wall / magnet is the key upside target and likely resistance/ pinning zone. If price rejects there, avoid chasing longs $SPY $SPX 

Downside level: 7265 put wall is the key support zone. If price loses it with momentum, downside can open up faster
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Clean upside continuation $SPY solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr Personally took 0 trades, stepped away after the first few hours It's trading in a way where I like to say "it needs to be somewhere", we had this situation about 2-3 years ago I would need to

Clean upside continuation $SPY solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr 

Personally took 0 trades, stepped away after the first few hours

It's trading in a way where I like to say "it needs to be somewhere", we had this situation about 2-3 years ago I would need to
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$ARM Earnings EPS Est $0.54 EPS Act $0.60 Surprise+11.1% Rev Est $1.47B Rev Act $1.49B Surprise+1.3% • Quarterly revenue reached $1.49 billion, highest ever for ARM. • Licensing revenue grew 29% year-over-year to $819 million. • Royalty revenue increased 11% to $671

$ARM Earnings 

EPS Est $0.54 EPS Act $0.60 Surprise+11.1%
Rev Est $1.47B Rev Act $1.49B Surprise+1.3%

• Quarterly revenue reached $1.49 billion, highest ever for ARM.

• Licensing revenue grew 29% year-over-year to $819 million.

• Royalty revenue increased 11% to $671
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When we start to see more of these posts popping up, you start to be cautious - a pullback is nearing $SPY $SPX Seen this cycle way too many times

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Playbook for $SPY $SPX Step 1: Wipe out all the bears Step 2: Wipe out all the bulls Step 3: Fake out both sides Rinse and repeat

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Plenty downside support with immediate upside resistance at 7370 $SPY $SPX Ideally looking for support around the 7340-50 area to hold for longs Taking it slower these next few days

Plenty downside support with immediate upside resistance at 7370 $SPY $SPX

Ideally looking for support around the 7340-50 area to hold for longs 

Taking it slower these next few days
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Hold and rip $SPY solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr Weak sell = long Was looking for 7350 but held higher = sign of strength

Hold and rip $SPY solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr 
Weak sell = long

Was looking for 7350 but held higher = sign of strength
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Another great day $SPY $SPX Sell still weak can't even hit 7300 and $VIX barely budged Lets see if we can get that 7300 test soon, otherwise this is just another dip buy

Another great day $SPY $SPX

Sell still weak can't even hit 7300 and $VIX barely budged

Lets see if we can get that 7300 test soon, otherwise this is just another dip buy
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If you watch price action everyday for 8 years you start to notice patterns in price actions and how it behaves Today was a prime example of that in both directions, upside and downside I don’t wanna get ahead of things but I have a decent idea of the next move $SPY $SPX

If you watch price action everyday for 8 years you start to notice patterns in price actions and how it behaves

Today was a prime example of that in both directions, upside and downside 

I don’t wanna get ahead of things but I have a decent idea of the next move

$SPY $SPX