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Figuring Out Money

@mikepsilva

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Navigating the financial markets through the lens of technical and intermarket analysis.

Sacramento, CA
Joined May 2009
Don't wanna be here? Send us removal request.
@mikepsilva
Figuring Out Money
4 years
In 2021, I will be releasing an entire course on Technical Analysis. I will share everything I know about chart reading and trading strategies. I will put everything I have into it. The cost of this course will be one of these 👍.
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@mikepsilva
Figuring Out Money
1 year
This is Asher James. My big 9.6lbs boy 😛
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@mikepsilva
Figuring Out Money
2 years
Did you know that early December 2000 the 10yr-3m yield curve was -83bps and the $SPX was -14% YTD from its peak. Did you know that it is early December now and the 10yr-3m yield curve is -83bps and the $SPX is down -14% from its peak. Crazy.
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@mikepsilva
Figuring Out Money
1 year
@Lukewearechange This is a common occurrence that happens when the heat of the atmospheric wave reaches an external temperature light interference of I actually have no idea what I am talking about
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@mikepsilva
Figuring Out Money
1 year
The $VIX is NOT a $, its a %. Its not trading at $13.20. Its trading 13.20%. This tells us the EM range (+-) over the next year in the SP500. With this information you can say that at its current expected range, there is a 68% (1std) probability the SP500 will close within a
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@mikepsilva
Figuring Out Money
2 years
Popular words in the finance community… 2020: Unprecedented 2021: Transitory 2022: Pivot Looking forward the 2023 buzz word.
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@mikepsilva
Figuring Out Money
1 year
The S&P 500 has not had a Quarterly Bearish Crossover in the Price Momentum Oscillator since 2007. The time before that was 2001.
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@mikepsilva
Figuring Out Money
2 years
NYSE McClellan Oscillator. Showing previous divergences in the last year when readings were greater than 150.
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@mikepsilva
Figuring Out Money
1 year
I'm going to be a Dad by next week.
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@mikepsilva
Figuring Out Money
2 years
Even in 2008 we came out of Bear Market territory for a little while. $SPX $SPY
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@mikepsilva
Figuring Out Money
2 years
$HYG on top, $SPY on bottom. Divergence building again.
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@mikepsilva
Figuring Out Money
4 years
I quit my job. It was great money, but it has been getting very unfulfilling. Excited about the future :)
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@mikepsilva
Figuring Out Money
2 years
I will tell my future kids that this was the monster under my bed.
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@mikepsilva
Figuring Out Money
8 months
Last time we had a rally like this in $SPX
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@mikepsilva
Figuring Out Money
1 year
My coworkers, friends, and family all made fun of me because I drove this car (2001 Kia Optima) while making a six figure income. I loved knowing that I saved so much I could buy whatever car I wanted but couldn’t care less of how people saw me. This was in 2016. I had 0 debt
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@mikepsilva
Figuring Out Money
10 months
The S&P 500 experienced a -10% correction amidst a rising dollar and 10-year yield. Currently, the rally is occurring alongside a falling dollar and a decreasing 10-year yield. At present, each of these assets is becoming very tight. If the dollar and the 10-year yield break to
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@mikepsilva
Figuring Out Money
2 years
ABOVE: $USD Wedging. Pulling into prior support. BELOW: $SPY Wedging. Pulling into prior resistance.
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@mikepsilva
Figuring Out Money
2 years
Thank you everyone for the continued support. This came while I was away on vacation :)
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@mikepsilva
Figuring Out Money
9 months
Almost 6 years of trying… 2023 was the year. My Queen.
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@mikepsilva
Figuring Out Money
2 years
Its official. The June was NOT the bottom. $SPY
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@mikepsilva
Figuring Out Money
2 years
Out with the old, in with the new. :)
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@mikepsilva
Figuring Out Money
1 year
I feel unprepared.
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@mikepsilva
Figuring Out Money
2 years
Grandma Goose turned 100 today. 🎉🍻
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@mikepsilva
Figuring Out Money
1 year
On top is the $SPX to $TLT ratio. On the bottom its just the $SPX. One thing to note/pay attention too is the divergences that build when the ratio line makes a new high and SPX does not follow...
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@mikepsilva
Figuring Out Money
2 years
I am up +80% in the last 3 months trading just equities, and I took 4th place in a trading comp. Im not saying this to brag, Im saying this because the trades that got me there look to be setting up again. I will show you on today's YT video and walk you through my approach.
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@mikepsilva
Figuring Out Money
1 year
Ever since the Yield Curve inverted, there has been a fairly strong negative correlation with the movement of the S&P 500. Notice that when the yield curve moves to become uninverted, the S&P 500 falls, and when the yield curve goes deeper into inverted territory, the S&P 500
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@mikepsilva
Figuring Out Money
2 years
From my family to yours… Thank you all for the ongoing support! We wish you all a happy New Year with the hope you will have many blessings to come. “If you have been dealt a bad hand, it may not be your fault. But it is your responsibility” - David Goggins Cheers to 2023🍻
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@mikepsilva
Figuring Out Money
11 months
Lil marshmallow man.
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@mikepsilva
Figuring Out Money
3 years
Rising oil prices contributed to the last 40 years of recessions. It has also contributed to stock market peaks that resulted in bear markets. 73, 87, 94, 00, 08. Do you really think we will be walking away from this unscathed? few. @leadlagreport
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@mikepsilva
Figuring Out Money
2 years
My wife’s cousins baby just had a successful heart transplant and is doing great :)
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@mikepsilva
Figuring Out Money
2 years
Watch & Learn
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@mikepsilva
Figuring Out Money
1 year
I still believe we are in Stage 1 of the Business Cycle. $TLT
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@mikepsilva
Figuring Out Money
2 years
$SPX Quarterly TF. 5-30 spread under. Price action looks eerily similar
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@mikepsilva
Figuring Out Money
1 year
The macro data and sector performance indicate that we are headed towards a recession. My bet is that an unforeseen event or trigger will catch everyone off guard. Then, there will be a swift transformation of the FinTwit community as they all turn into professionals in that
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@mikepsilva
Figuring Out Money
1 year
Live footage of Coco finding out that there was another dog playing catch with me on vacation.
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@mikepsilva
Figuring Out Money
2 years
Party like it's Y2K.
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@mikepsilva
Figuring Out Money
2 years
$ARKK Following the market structure.
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@mikepsilva
Figuring Out Money
1 year
Dating back to 1979 there has only been 3 times where we recieved 7 negative Nonfarm Payroll Employment Revisions in a row.
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@mikepsilva
Figuring Out Money
2 years
Attention all Costco shoppers, there may be a Black Friday diamond sale on aisle 5. $COST Im not funny. Just block me.
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@mikepsilva
Figuring Out Money
1 year
United States Investing Championship Stock Division. First Quarter results.
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@mikepsilva
Figuring Out Money
2 years
Fever gone. Little energy. Feeling better. 🦾💪
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@mikepsilva
Figuring Out Money
1 year
This is a weekly chart of the $IWM, where I'm highlighting a bull channel dating back to the Great Financial Crisis. The lower chart shows the federal funds effective rate. At this moment, the price has been consolidating for over a year. There are other times highlighted on the
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@mikepsilva
Figuring Out Money
2 months
With many people talking about the S&P 500 seasonality, I thought, "Wouldn't it be nice to see what each election year looked like during this period (June - August) and also quickly identify if it was a Republican or Democrat in office?" Below, I have provided the charts for
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@mikepsilva
Figuring Out Money
1 year
Something I have been noticing with $SPY. When price gets down to the daily Expected Move there has been explosive moves from it. Spot Gamma pointed out today the 0DTE volume picking up and vol crush at EOD. This happened to be by this level. Another thing I noticed when the EM
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@mikepsilva
Figuring Out Money
2 years
I do not have any directional risk heading into tomorrow's CPI print or FED day. My plan is to let the market digest the information & respond later. I couldn't care less about being right or wrong. I only care about protecting capital. Stay Safe.
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@mikepsilva
Figuring Out Money
2 years
The black line is the 10-2 Spread. When it's above the horizontal line that means the curve is Inverted. Grey shaded area is the Fed Rate. After each inversion dating back to the 80's. The fed had the ability to lower rates. Currently the curve is inverted with the rate near 0.
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@mikepsilva
Figuring Out Money
2 years
@SJosephBurns Jim Cramer is bullish
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@mikepsilva
Figuring Out Money
10 months
Holy smokes it finally happened. The $VIX filled its lower gap from early 2020.
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@mikepsilva
Figuring Out Money
8 months
1 hamburger. 1 cheeseburger. 2 regular fries. $42.30 at Five Guys. WTH!?
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@mikepsilva
Figuring Out Money
2 years
I don’t care about calling a stock market bottom. I don’t care about calling a stock market top. I care about protecting and growing my capital. The 2022 trend is bearish. Vol remains trending. Fed is tightening. Your bottom calls and ATH targets have been pointless all year.
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@mikepsilva
Figuring Out Money
3 years
Wife’s new salon. Just got the Keys. Construction starts next week :)
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@mikepsilva
Figuring Out Money
3 years
$IWM Can it be this simple?... 🧐
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@mikepsilva
Figuring Out Money
2 months
Nasdaq 100 prints a Evening Star 3 Bar reversal pattern. Will this mark a top for awhile?
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@mikepsilva
Figuring Out Money
2 years
Blue Arrow = QTR close below 5ema & Fed steps in. Purple Arrow = 2 QTR closes below 5ema & no Fed help. Feds action at blue arrows... - QE2 - Operation Twist - China Stock Market Turbulence - Repo Crisis - Unlimited QE $SPX may have 2 closes below QTR 5ema. Purple arrow🏹
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@mikepsilva
Figuring Out Money
2 years
Live footage of the Odte Bulls that got the 397 print.
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@mikepsilva
Figuring Out Money
3 months
I'm never deleting this app. "Watch and learn" -DH
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@mikepsilva
Figuring Out Money
2 years
He knows the next stage... $TSLA
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@mikepsilva
Figuring Out Money
3 months
Here is an updated chart of the $SPX now versus 2010 after the 10-day green streak.
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@mikepsilva
Figuring Out Money
5 months
So, I looked into the last time we had a winning streak of at least 9 consecutive days and discovered that the last streak of this magnitude was 14 years ago... And wow, the structure is quite uncanny. $SPY
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@mikepsilva
Figuring Out Money
2 years
I hate to be the one to report this sad news… but $SPX 6000 by years end is a no go 🥺 I am 99.9999% sure.
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@mikepsilva
Figuring Out Money
2 years
I heard there might be a cocaine bear out here in the woods
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@mikepsilva
Figuring Out Money
2 years
When $USB (Bonds) begin outperforming $CRB (Commodities), $XLU (Defensive Sectors) start outperforming the $SPY on a relative basis. Right now, $XLU is outperforming the $SPY at the same time $CRB is outperforming $USB. This doesn't happen often. It did in 1999, and 2008 tho.
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@mikepsilva
Figuring Out Money
6 months
My workout today: do 2 push-ups for every like this post gets. (Good for one hour after posting). Don’t wreck me
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@mikepsilva
Figuring Out Money
10 months
I call this piece... "Overconfidence".
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@mikepsilva
Figuring Out Money
5 months
$SPY and $HYG have a strong positive correlation. It's always worth noting when they begin to diverge. The last time this happened was in October 2023. HYG put in a higher low while SPY put in a lower low. Currently, it's happening again, with HYG up on the day. Could be
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@mikepsilva
Figuring Out Money
3 years
Classic
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@mikepsilva
Figuring Out Money
2 years
Holy moly! 🎉🍻 thank you all for the ongoing support.
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@mikepsilva
Figuring Out Money
3 years
Want to know how I know the Stockmarket is in a bubble.... Fortnite introduced “Diamond Hanz” character.
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@mikepsilva
Figuring Out Money
2 years
$QQQ 15 min chart. Shooting star candle formed at the top of channel. Negative divergences building. Not a bad place to update your risk parameters if you are long
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@mikepsilva
Figuring Out Money
2 years
$QQQ Pick a number and tell me in the comments.👇 1. Rejection 2. Breakout to the moon 3. Breakout > Backtest > Run 3. Bull Trap
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@mikepsilva
Figuring Out Money
2 years
-95 bps inverted. Is this a record?
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@mikepsilva
Figuring Out Money
2 years
Lots of people celebrating their calls. Nobody is showing their PnL. Noise.
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@mikepsilva
Figuring Out Money
4 years
$SPX I just can't get over how similar this price action is. If we gap down tomorrow and close with a solid red candle into the green line, i'm going to start thinking some powerful people are playing games with us haha
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@mikepsilva
Figuring Out Money
2 years
The next bull market is going to be wonderful. But you need to survive this bear market in order to enjoy it. Be safe
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@mikepsilva
Figuring Out Money
2 years
What do you think the rest of the year will look like for the $SPY? Seasonality suggest it will look something like this.
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@mikepsilva
Figuring Out Money
6 months
Something smells fishy about today.
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@mikepsilva
Figuring Out Money
2 years
"Every market cycle since 1880 has found that no bull market has ever started without a follow-through day." - IBD I will use this thread to monitor for follow-through days. Follow-through days typically occur anytime from Day 4 or later in the attempted rally. This is day 1.
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@mikepsilva
Figuring Out Money
2 years
So similar, but will we have a similar outcome the next day? $SPY
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@mikepsilva
Figuring Out Money
2 years
Hey everyone, im still under the weather. I cant make a brief tonight either.
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@mikepsilva
Figuring Out Money
2 years
I have an account that is over the FDIC insured amount. Its not in a regional bank. However, after seeing what is happening to $SIVB, the only thing on my mind is splitting it up to have it all FDIC insured. I couldn't imagine the panic some people and businesses are going
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@mikepsilva
Figuring Out Money
2 years
I can smell the FOMO rising.
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@mikepsilva
Figuring Out Money
2 years
No market brief tonight. Need rest.
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@mikepsilva
Figuring Out Money
2 years
This has done an amazing job spotting changes in trend in the market. Video on how to set it up is below.
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@mikepsilva
Figuring Out Money
10 months
Jerome Powell last month.
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@mikepsilva
Figuring Out Money
2 years
Rough start to the month (6th) but I pulled through. Couple days left and I will be taking easy. +6.1k I don't like sharing this stuff so I probably won't going forward. Im sharing it now to show you that it's okay to take losses. Be patient and control your emotions.
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@mikepsilva
Figuring Out Money
2 years
Kevin is a great guy (I met him)...But his investment and trading "advice" is beyond dangerous. He just raised 20mil or so for his new startup "HouseHack" with no proof of concept. Wish him, but mostly the investors the best of luck.
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@mikepsilva
Figuring Out Money
5 months
So, I looked into the last time we had a winning streak of at least 9 consecutive days and discovered that the last streak of this magnitude was 14 years ago... And wow, the structure is quite uncanny. $SPY
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@mikepsilva
Figuring Out Money
7 months
This is a chart of the $VIX featuring the Bollinger Bands and the Bollinger Band width at the bottom. The bands have not been this tight on a weekly timeframe since 2007! As illustrated on the chart, when the bands contract, they eventually expand.
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@mikepsilva
Figuring Out Money
1 year
The Bull Market #May
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@mikepsilva
Figuring Out Money
2 years
I'm doing this to make vol traders mad. $VIX
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@mikepsilva
Figuring Out Money
2 years
Elon on recession risk
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@mikepsilva
Figuring Out Money
2 years
Pause is not a pivot.
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@mikepsilva
Figuring Out Money
2 years
There is so much division on FinTwit. However, there is one thing that brings us all together… and that is Jim Cramer. Jim Cramer unites us all.
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@mikepsilva
Figuring Out Money
3 years
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@mikepsilva
Figuring Out Money
1 year
In my opinion, the optimal environment for "Breakout/Swing Trading" arises when $SPX is above a rising 5dma, and the $SPX is in a positive gamma position. If these conditions are not met, there tends to be a higher occurrence of failed breakouts. We are still below a declining
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@mikepsilva
Figuring Out Money
10 months
Wild if true. $AAPL
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@mikepsilva
Figuring Out Money
3 years
Little getaway.
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@mikepsilva
Figuring Out Money
2 years
Progress :)
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@mikepsilva
Figuring Out Money
2 years
How to navigate the stock market in 2023.
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@mikepsilva
Figuring Out Money
2 years
The setup was there, the signals were there, the trigger came. Stop thinking in terms of “Bullish” or “Bearish” and start thinking in terms of probabilities.
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@mikepsilva
Figuring Out Money
2 years
This is a quarterly chart of the $SPX in 2008. I drew in what the candle used to look like, then I show you how it closed.
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