Looks like miners will bounce. I see target of 26, then pullback to fill another gap at 17.50 That move would conclude potential H&S Mara can go even lower to test support at 16.50
SPY is looking healthy ready for bounce, amazing channel that can bring lots of pleasure day trading, both for longs and bears. Since i set my mind on 510 as a top, today I took a night swing and I am out. I think we may not reach 516 this time and will do correction. Ill be looking for entry to short semis or play some VIX.
Since last NVDA push, I am leaning towards short, not taking any position yet as we may dance around upper trending line. Ultimately 496 would be my target for short and long from there to 512.
SPY touched the bottom of the uptrend line. Looks healthy and if NVDA has good earnings tomorrow, SPY will reach 510 I have a feeling 510 is the target for this year and from there my outlook is bearish. IF NVDA fails to deliver, then 480 would be my target
I believe 1.44 area is where it will finally bounce and perhaps reverse the trend.
I do believe we are going to see another high at around 513, and then we'll bearish
If we count waves, Indexes , which are overbought at the time needs some retracement, thus I see another selloff to 462 level. 1. ABC 2. Forming potential H&S I am short for that period and will switch side to long again once that happens.
Many indicators on a daily pointing to $480 with some possible overshoot, so I think that where we'll land by end of 2023 1. Bullish pennant is most prominent (orange line) 2. Cup and handle (yellow line) ideally I would like the handle to go lower to 420 area. This may still play out earther once we reach double top or earlier. 3. Elliot waves with ABC...
Patience with this one is the key. Extreme Greed is quite persistent, and its where I am slowly getting in This shoots way to fast to trade it, also market is very tricky lately, so I prefer swing on this one. Good luck
SPX is clearly making H&S 4450 area would be the top of the right shoulder 4200 area would mark the bottom.
Looks like SPY will re-test 417 before going higher. $423 is likely the target, from there it will bounce and then may go and test 417. Ill aim 423 for now and see what happens.
Looks like possible bounce to previous support , which is at 411, then fall to 395. Good luck!
Looks to me like BTC will test 25k in the next 10 days. There is 50 and 100 on daily where it should bounce. If it bounces on the 50, it will make H&S and likely go down to 100 After 25k, quick bounce on high volume to 30k, perhaps higher. I am still bullish on bitcoin, opportunity for some is ahead Good luck!
Todays earning were good and chart made clear inverse H&S Looking at 46 as potential target
After strong move of 1-5 Elliot waves, SPY looks to be correcting. Possible level 407 followed by bounce to support flipped resistance line and further fall to around 400. Lets see how this play out.
Since BTC formed bull flag on 4h its consolidating in a tight pattern. I expect another drop to 26k area before it will climb higher
Litlle tired here, aren't you ? Consolidating on low volume for a long time. Time to grow uo!
I expected this move tomorrow, but hey, market seams to price in good news and landed in my target box (399) 400 on US500 Although I expect the rug to be pulled, I am looking at two option: Bullish Break of 400 will take us to 405, then back test to 400 and up to 405, 416, 426 Bearish: 390, 382, 379, 366 SPY bear volume is still very high, the move today was...