sJudge

sJudge

Automotive dealers started marking up autos above MSRP in March 2021. Automakers, jealous of their dealers, followed with the MSRP increases, taking advantage of buzzwords like inflation, chip shortage, supply chain shortages, etc. The return to the mean will be interesting, if there is one.

sJudge

Confluence of: Support/resistance Trend line Measured move Near previous POC Wave theory

sJudge

Just 2 years ago oil was $0.01. After 5 waves up we topped at $129.00. Some say oil will defy gravity all the way to $200.00. Waiting for $130.00 breach.

sJudge

The next POC above is @ ~$100. An index market bounce may drag oil higher after a possible retest.

sJudge

Magaphone pattern, divergence, October will be scary!

sJudge

Tendency with a right shoulder is down. Will wait for another candle to form.

sJudge

Fib confluence on June 29th but that is not going to happen. Right?

sJudge

I expect a lot of pom poms ( bullish talk) this next week to try to push this upward. Funny how pom poms look much like the corona virus. In short, the market is pom poms vs. the virus.

sJudge

Test and bounce off the blue line. Be ready, this could be a hard bounce.

sJudge

Possible bounce here to a right shoulder or a further down move on decreasing global gdp.

sJudge

Rising Stoch & RSI will bring us to the top of the channel along with a new ATH.

sJudge

The monthly chart is starting to rhyme with late 2007 to 2009.

sJudge Updated 

S&P has reached a lot of resistance here at 2710 (fib, MA100) with 5 waves up (small 5th wave). If we break above the 2710 area and the MA200 @ 2743, the next stop is 2812 (fib) and the top of the "V" pattern we are currently in.

sJudge

We may be testing previous lows soon (double bottom) with a possible bounce up after. The weekly chart is also looking down which may prevent a big bounce upward. Any positive news could turn us upward from here but at least we have some idea where these events may happen from a chart perspective.

sJudge Updated 

Looks like NAS may be headed down.

sJudge Updated 

Two higher lows and a trend upward is in store.

sJudge

Sixth test of the upper channel resistance. More ATH's if we bust through again. Could be a right shoulder and we head down.

sJudge

3 black crows, D- crossing up over D+, D- crossing up over key level, right shoulder tendency.