Part of my ongoing analysis, see links below. We are retracing as expected, Bulls look to be tired for now. Early plot suggest three targets. $ 2315/16 "Speed Bump" needs to slow the drop. $ 2401.37 - 2403.55 is the "Minimum Expected". $ 2391.36 - 2391-91 is the "Best Guess" target. $ 2382.46 - 2383.83 is the "Worst Case" target. . Big Picture plot looking...
SHOP had a big drop with last earnings. It has fallen into a serious support zone. This would be a good spot for bulls to hold. $ 56.12 - 57.16 is the immediate support. $ 49.20 - 50.88 is next support and stronger. $ 63.44 - 63.84 is the first resistance above. =======================================
Quick alert that PEPE has just Ping'd a major fib. Golden fib of many that it has come through so far. IF there is a top anywhere NEAR here, then THIS is it. That exact ricochet from the fib is what I call a "Ping". That comes from "Give me a ping Vasilly, One Ping Only". That describes it well, like you can almost "hear" the turn. And my Rule about Pings: "Not...
NVDA in a BBOC pattern under a serious resistance BBOC pattern = "Birthday Balloon On Ceiling" (joke). Point being that the earnings report might deflate it. I think it will break and continue after earnings. But IF there is to be a top anywhere NEAR here, then THIS would is a perfect place and time for it. $ 944.39 - 952.16 is the immediate resistance. $ 894.22...
DXY is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
EURNZD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
Part of my ongoing analysis, see links below. Quick post to alert of a possible pullback incoming. We are rapidly approaching a Genesis fib at 2544.51 Its sister fib is what bounced us strong from 2307.19 It is PROBABLE that we get some retrace from it. It is POSSIBLE that to get a significant top here. It is PLAUSIBLE to break and retest to...
Part of my ongoing analysis, see links below. Our bounce is at a crucial level right now. This level is where the retrace could end. Possibly bears' last chance at lower lows. Elliott Wave theory would call this an "ABC" Which implies a correction within a trend. So possible to resume downtrend from here. Good news for bulls is that 63.3k was the KEY. The red...
ZRXUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
This is a follow-up to my previous Break Out call (click). GRT has been retracing along with the crypto verse. It has been holding up stronger then most other alts. Currently orbiting a well proven Golden fib at .3168 Break and retest would help paint a bottom. Rejection could lead to new lows for a while. What happens here will determine the...
Energy sector has been very strong for some time. We have a decent pullback now across the sector. Halliburton is at a major support that might hold. $ 35.84 - 36.22 is the current support to hold. If this does NOT hold then uptrend is likely over. If it DOES hold, we should proceed to new highs. =============================================
This is a follow up to my $90 entry call (click). After a considerable retrace we have a bounce. The bounce is at a significant and key resistance. What happens here could determine the next trend. Immediate resistance zone is $103.14 to $103.82 Break above should run to golden fib at $117.36 Rejection could drop to golden below at...
This is a followup to my 55k breakout call (click) PEPE is nearing a Golden Fib at 88.227k (whatevers) This fib as been proven recently with several Pings. As have its sisters, all proven to be alert and active. If this Golden fib breaks, then the bull run may be over. . Previous Analysis that caught the breakout...
ACH is trying to paint a local bottom. Chance for a scalp or to add to hodl bag. We are looking for a Break-n-Retest entry. Levels of Interest: $ 0.030686 is the break out level to watch. $ 0.0338-0.0342 is the Primary Target zone. $ 0.0358-0.0360 is Bonus Target if strong bull. ========================================
GBPUSD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
AAPL is here on a 120-minute chart in what appears to be a falling wedge pattern. As volatility gets compressed further it could break down or break out with a bais for the latter. I believe that the rise of generic phones in China and Inda with comparable cameras and other functionality has impacted AAPL as had the rising prices of its flagship products. ...
CHFJPY is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
AUDNZD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?