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My #SundaySwing ideas week of 1/24 based on #TheStrat

What a week! I don’t have to mention that this #SundaySwing issue for the week starting at 1/24 is a bearish one. Surprise, surprise!

Due to the market volatility and the current conditions I won’t trade longer swings for now.

Earnings season starts as well for the big tech giants and since I don’t like to trade short before earnings, tech - besides the massive dip - is a no trade for me this week. Also there is not a single reversal setup that I like on AAPL, MSFT, FB and the rest of the gang. So I stay away from these.

Anyway, I think I found some okay-ish ideas with a confidence for shorter swings, but all as mentioned above, bearish.

I’m also showing you some extra Tradytics* Data for extra confirmation regarding the flow-site of the ideas.


Let them open on Monday and better wait for Tuesday for an entry.

Recap of 1/16 SundaySwing

Two out of my 4 ideas triggered and both failed, based on the market conditions at end of week, there was no chance that this will work out. I started slightly bullish into the week, but bears took it down. So $BA and $FUTU triggered and failed. $NIO and $X never triggered, so no entry here, no money lost.

Disclaimer: No advice, instead these are my ideas based on my knowledge analyzing the charts for possible swing trades based on #TheStrat. So please always do your own due diligence before entering a trade.

Chart setups

Since I got always questions about the colors in my charts and the setups:

If some of the broadening formation lines looking a bit curved, it is because I switched to logarithmic scale on the charts, but they are still correct.


As always lets have a look at $SPY and $QQQ for a rough prediction of what I think the market will do next. Or course it’s just my interpretation, so keep that in mind!


$SPY M, W, D, 1h chart on TrendSpider
Blood bath, there is a small hope that we bounce at the bottom of the outer daily broadening formation.

This looks bearish, except that small touch of the daily broadening formation below 438.67. So maybe(!!) we bounce up here because $SPY took out all the lows back to October 13th.

To give some more context, here is the larger view from TradingView for the Month, Qtr and 12Month candles.

$SPY M, Qtr, Year TradingView
Next targets are marked green on the larger timeframe. We won't target the Qtr and Year for now, but keep these levels in mind.


$QQQ M, W, D, 1h chart on TrendSpider
A minimal chance is the broadening formation that we nearly tipped last week at the bottom. The October low of 350.32 will be hit with only a few pennies away. The next monthly below is at 328.28 if $QQQ not reversed at the bottom of the broadening formation.

Here is a larger timeframe view of $QQQ on TradingView as well.

$QQQ M, Qtr, Year TradingView
Next targets are marked green on the larger timeframe. We won't target the Qtr and Year for now, but keep these levels in mind.

Profits and Stops

I usually target around 25-40% of profits on those swings and decide during the market hours if I leave a runner on a position or close the entire one.

To view the charts in full detail, click to open them in a new browser window

$EA 1/28 130p < 133.45

I was really surprised that a tech stock closed green last week, also in Friday. $EA still has M, W, D up, but the signs also look bearish with a possible 2-1-2d shooter on the daily. On the weekly we have a possible 1-2-2d setup and that’s the idea here. To not look at the daily setup and instead wait if if really triggers the week down below 133.45. The target there is 127.55 for me. Keep in mind that EA has earnings on 2/1 post-market, so that’s why I select that short weekly expiration which is way more risky here.

$EA M, W, D, 1h chart on TrendSpider

Tradytics shows a slight bullish AlgoFlow but I stay with my Strat-analysis here, and would say that EA will drop next week. And since the trigger is the weekly, if it really triggers TFC is already reversed.

$ABNB 2/18 135p < 152.41

Trades currently at around $156, so the 135p sounds pretty aggressive, but I show you in a second why I think that could be a possible target. Month is currently still inside but we have FTFC down. On the week we have a possible 2d-1-2d Bearish Continuation. I wrote before that these are not my favorite setups, but target of the week 152.41 is near the monthly 2d trigger at 149.44. My next targets then are 141.50 and 130.31.

$ABNB M, W, D, 1h chart on TrendSpider

And here are the promised explanation why the 135p is a reachable target:

The Qtr is currently inside but below 149.44 would trigger a 1-2-2 Revstrat down to 130.31.

Keep in mind that this is the Qtr-Target, so I may roll the 135p out or close the contract, because $ABNB as earnings on 2/24.

$ABNB AlgoFlow
The 5 Day AlgoFlow also turned bearish and probably will drop lower. That is my extra confidence here.

$JNJ 2/18 155p < 164.47

Not my favorite setup, lets start with $JNJ this way, because they report earnings on 2/25 pre-market.
So anything can happen and I will not enter that trade if it triggers on Monday or Tuesday, no matter what happens. But if $JNJ will give me a nice reversal entry on the daily at or below 164.47 which is the week 2-2d continuation I’ll watch closely. The month is 2up and red and triggered the monthly 50% rule below 164.88 on Friday. So the next possible target for an outside month is 156.25.

$JNJ M, W, D, 1h chart on TrendSpider

$JNJ AlgoFlow
Massive drop on Tradytics AlgoFlow, however keep in mind that I don't trade this setup immediately on Monday because of earnings.

$KR 2/4 46p or 48p < 46.17

The only real weekly reversal is $KR this week. Below 46.17 it triggers the 2-1-2d Bearish Reversal with a first target at 46.17 and maybe 44.52 if the market helps here. The month is still green and 2up so we’re in conflict currently and need 44.91 to turn it red. The 44.52 would aim for this as well. The extra confidence for the 46p comes this time from a large put order flow on Tradytics which I show you below.

$KR M, W, D, 1h chart on TrendSpider

Largest flow for $KR shows the 49p and 48p for 2/4 expiration. Currently not in this table is also a 46p put buy

Flow info from Tradytics

Mentioned above, I’m currently testing Tradytics for additional confirmation of my strikes. The link to Tradytics is a referral link, so if you find that service also helpful and want to try it for yourself, I would appreciate it, if you use that link to support me.

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