(Exclusive) DBL Bottom Alpha: $AIR, $RPL, $RSS3, $VELO, $AXL
We gotta be focused on navigating dips and momentum resets with patience, and strategic setups for the year-end rally.
"The market’s giving us exactly what it needs: dips to reset momentum and build fuel for the next leg higher." Sounds like what @RamboJackson5 would say.
We’re seeing exactly what was expected, November’s dip in RISK-ON markets, a healthy reset ahead of the year-end rally.
Thanksgiving could bring volatility, but the bigger picture remains intact: higher prices into December with dips along the way.
A weekly market series by my friend @RamboJackson5 and highly recommend giving him a follow + subscribe to his newsletter for alpha if you haven't👇👇
Here's a brief summary of Rambo's weekly update👇
S&P & Nasdaq:
Both indices bounced off key moving averages and are now testing ATH resistance. No immediate setups here for me, but the V-bottom structures and higher lows keep the uptrend intact. Bulls need to break through resistance for momentum to continue.
$DXY:
The dollar finally broke its July range, but bearish divergence and overbought conditions are building. Correction brewing—ideally a double-top confirmation before a pullback. This aligns well with RISK-ON market strength ahead.
$BTC & $ETH:
BTC’s double-top is playing out, with 38.2% as the key downside level to watch. ETH remains stuck in resistance zones (RLZ) and is showing signs of a breakdown. Both are in correction mode—exactly why we don’t chase price. Patience pays here.
Highlighted ALT Setups:
Alt momentum is resetting beautifully after last week’s BTC dominance double-top. Watching weekly double bottoms closely—they’re gold in this environment.
• $AIR: Long RLZ at 78.6% | Bullish MACD div | Double-bottom confirmed.
• $RPL: Range bottom | Bullish MACD div | Double-bottom confirmed.
• $RSS3: Long RLZ | MACD div | Triple-bottom forming.
• $VELO: Long RLZ | MACD div | Double-bottom confirmed.
• $AXL: Consolidating at 38.2% | RSI double-bottom. Trend continuation setup.
Final ALPHA
"Also find the WEEKLY DBL BOTTOMS! Those are the best charts out there. Find the weekly’s and then look for the retracement on those! I will go over some next week perhaps"