$ETH
I am not a candles guy but if you ever want to see a candle...this is what you want!
An explosive bounce off the 0.78 Fib (which was also the 200 WMA) through the wedge top line and above all the previous highs going back as far as August.
I am not a candles guy but if you ever want to see a candle...this is what you want!
An explosive bounce off the 0.78 Fib (which was also the 200 WMA) through the wedge top line and above all the previous highs going back as far as August.
$PLTR has gone parabolic now and in my last upload I said that there is no clear Wave 4 or anything that remotely looks like Wave 4....so we must assume that it will come soon and since $PLTR is going parabolic now, we must still assume it is in W...
2024-11-07 12:20:45 +0000 UTC View PostThe HSI looks ready for China to make this Fiscal announcement
I am not seeing any wild swings or concerns from weak hands here in the market
Price has comfortably held on the 0.5 Fib, has consolidated and made higher highs and high lo...
2024-11-07 11:32:59 +0000 UTC View PostNo EWT, just indicators.
1. RSI showing a reversal
2. MACD showing a reversal
3. 200 WMA holding support
4. Pull back held exactly on the 0.618 Fib
It's been testing but the set up is there.
2024-11-06 19:39:56 +0000 UTC View PostContinues to drop and has not broken out of this very abrupt harsh looking descending wedge.
The 0.618 Fib is lost now at $87 and it looks like they are in the same dilemma as $SMCI but in fact their chart is worse looking
Probably ver...
2024-11-06 19:17:22 +0000 UTC View PostLike clockwork, pulls back to test the First Target as a support level, holds and then bounces and reaching now for the Second Target at $277....which appears to align with $BTC reaching for its 1.618 Fib at $77k.
I would expect a further pu...
2024-11-06 19:00:53 +0000 UTC View PostI always try and cross check my work by looking at other correlations on Technical Charts and the repeated movements here are uncanny.
2024-11-06 18:41:19 +0000 UTC View PostAll safe havens are moving in sync right now and I believe $CL is going to be another that will offer an amazing opportunity soon.
A pull back to the blue support line is what we want to see at $86 and holding here for support, if support ca...
2024-11-06 18:31:44 +0000 UTC View Post$CLSK is up +19% today after holding on the 50 Day MA which is very similar to $COIN, there is one clear difference here however
We can clearly see that Subwave 4 infringes below the Subwave 1 area, this is ONLY allowed in Wave 1 of a new Im...
2024-11-06 18:28:42 +0000 UTC View PostThe 10YR is running rampant and putting enormous pressure on bonds ($TLT)
I have a full lesson on the correlation between the two in Lessons in the Collection folder so if you have some time, please review.
The 10YR retested the 200 Day M...
2024-11-06 18:21:12 +0000 UTC View Post$KO is presenting a very nice opportunity here after rejecting at the First Target pretty hard and pulling back now to the 0.5 fib at $62.
Price is also below the 50 and 200 Day MA too and we can see that there is a red support line that cut...
2024-11-06 17:46:00 +0000 UTC View Post$PG is a Safe Haven that many wished they had added when the price broke out of the ascending wedge in April at $160 and stormed up to the First Target like clockwork at $177.
Following the Trump victory and the bullish market sentiment now,...
2024-11-06 17:32:29 +0000 UTC View Post$CCL continues to look very strong as it aggressively moves up our Wave 3 trajectory.
If you are lucky enough to get a retest of the breakout level at $20 and it holds, it is a very clear buy signal to catch the bounce to our Wave 3 target a...
2024-11-06 17:28:42 +0000 UTC View PostThe $QQQ has made an intraday 52 week high but may not end the day above the green line at the ATH level.
I do not see this as a rejection, I see this as the first attempt and breaking above this level....similar to that of $AMZN knocking on...
2024-11-06 17:25:51 +0000 UTC View PostWe have another test and hold of support on the $50 level, on the 0.5 Fib now.
There was some concern leading up to the election that if Trump won, the $50 level would be lost and the 0.618 Fib would be in play at $42....this concern is now ...
2024-11-06 17:22:39 +0000 UTC View PostHigher highs and higher lows, a retest of the bullish channel and a strong bounce when it was clear that Trump was going to win.
For some this was difficult but on the chart, it was not showing much concern.
Price is moving towards the...
2024-11-06 16:42:23 +0000 UTC View Post$GOOG is doing quite well in the PM, in spite of Trump mentioning his disdain for them on the campaign.....he believed they were deliberately withholding positive news articles about him and were slanted positively towards the Harris Campaign.
... 2024-11-06 14:15:31 +0000 UTC View PostI highlighted this chart the other day to show that this was moving towards the breakout level as it leads to its earnings report later on today.
A break and hold above $7.50 and a clean $BMBL earnings, with an increased in net margins and $...
2024-11-06 14:10:10 +0000 UTC View Post$ELF chart is almost identical to the $CELH chart, Double Top followed by a harsh decline down towards the 0.618 Fib
$ELF is still under pressure here, they release they earnings report later after the close so this may be the catalyst to t...
2024-11-06 14:00:54 +0000 UTC View PostI am not going to lie, this chart, the commentary, the support levels were all beautifully executed and communicated.
It has moved as we expected and in Subwave 5 of Wave 3 now.
No changes.
2024-11-06 13:49:28 +0000 UTC View Post$AFRM is similar to $SOFI, I believe it will hit our Wave 5 target over the next month or so at $56 and will then need a pull back to the amber Fib levels as shown which I have provisionally added as a guideline.
I expect the 200 Day MA to d...
2024-11-06 13:47:54 +0000 UTC View PostFirmly in Wave 5 now, the target remains at the 2.618 Fib at $12.79, which has been the standard Wave 5 target lately, after a test here I would expect a pull back, which is healthy and needed after a nearly +90% gain since August.
A pull ba...
2024-11-06 13:43:13 +0000 UTC View PostI sound like a broken record but where did $ETH test this week for support?
The 200 WMA, the perfect kiss of support at $2360 and now bouncing to $2625 again after the Trump Victory.
$BTC has made a new ATH and holding now at its retes...
2024-11-06 13:37:52 +0000 UTC View PostUp +6% in the PM now and Wave 3 is locked in at $245, the year end rally is coming in fast here for Small Caps and it is well overdue.
It is lagging the $SPY by a considerable margin in my opinion and I believe Wave 4 is next after $245 is t...
2024-11-06 13:31:04 +0000 UTC View PostI have added in the smaller subwaves in this Wave 3 to help guide you because there has been some wild swings here since the report has been issued and for the month of October
This is not new to $HIMS but you should always revert back to th...
2024-11-06 13:22:09 +0000 UTC View PostBulls will have a fight on its hands today, price is at $5 now in the PM and we already saw a flush down when the PM opened, but price is managing to hold the low from the 24th of October so far.
The 0.78 Fib at $4.51 can not be ruled out an...
2024-11-06 13:03:41 +0000 UTC View PostWe need an announcement by China, it was unlikely going to be this morning as it was not confirmed that Trump had won until only recently, so we have until now and the end of the week I believe to hear something
Leaving it any longer will pu...
2024-11-06 13:01:10 +0000 UTC View PostElon went all in on Trump, he was motivated by his values but also knew that Trump was the likely candidate to win and it's better to be on his side than against....Trump was not fond of the EV sector, Elon effectively as his right hand man now ha...
2024-11-06 12:46:55 +0000 UTC View PostI added Silver yesterday as a hedge against the election, it was a low risk hedge and adds to my safe haven and a position I intend to hold until the market corrects, so it was a comfortable add for me.
Price did flush down when it was annou...
2024-11-06 12:30:48 +0000 UTC View Post