Robertlesnicki

Robertlesnicki

NASDAQ:META has unfilled gaps -25-65% below current levels. I believe that there's a better than 50% chance that they get filled over the next year.

Robertlesnicki

NYSE:HE is down -61% from its all time highs. This makes it one of the biggest corrections in this stock's history. The monthly RSI has also fallen below 30 for the first time since the 2008 financial crisis.

Robertlesnicki

The transport ETF has an unfilled gap, -41% below current levels. I believe that there's a better than 50% chance that it fills within the next year.

Robertlesnicki

The Semis are breaking down towards that gap from May. I believe that there's a better than 50% chance that it fills before years end.

Robertlesnicki

Those who refuse to study history are doomed to repeat it. I believe that there's a better than 50% chance that the S&P 500 is trading lower by the end of the year. It closed today at 4,565. Good luck

Robertlesnicki

Both Gold & the S&P 500 are up about +50% over the past 5 years... Which asset class will outperform over the next 5 years???

Robertlesnicki

Apple has an unfilled gap that is currently -44% below current prices. Will it fill? History tells me that there's a better than 50% chance that it does over the next few years.

Robertlesnicki

After making new highs in 2021, the transport ETF has failed to push to new highs on multiple occasions. This similar chart pattern also took place in 2008. There's an unfilled gap in the $148-152 level. That would be a logical target when/if this weakness continues. This is also a potential ominous sign for the overall markets if the 2008 playbook is repeating...

Robertlesnicki

Ford currently has a monthly RSI of 83.... I would argue that this is not the best time to be investing for long term returns.

Robertlesnicki

The S&P 500 is registering overbought conditions on the daily RSI indicator....

Robertlesnicki

The 10 year yield is in a clear uptrend. This is important to keep an eye on, because a wise man once said: "Interest rates are like gravity for stocks...." If interest rates continue higher, then the stock market could run into some trouble....

Robertlesnicki

The S&P 500 is in a clear downtrend! A break above the downtrend line would be bullish!

Robertlesnicki

Bitcoin is compressing here for a big move! Overall stock market could follow along for the ride.

Robertlesnicki

The S&P 500 closed at its highest level ever! How high will it go? Nobody really knows. The strategy that's worked for me is to buy when others are despondently selling, & sell when others are avidly buying.

Robertlesnicki

Monthly RSI of 93.... Is this sustainable?

Robertlesnicki

Will Tesla appreciate another +13,000% over the next 10 years? It's possible, but I put those odds at less than 50%.

Robertlesnicki

Freeport now printing its highest monthly RSI ever! This monthly RSI can stay elevated, but normally some type of consolidation will occur.

Robertlesnicki

Soybean futures monthly RSI is above 70 for only the 5th time in the last 33 years.