It has been a long time since I last uploaded this, where we showed what would happen after Wave 5 in Feb completes, down to where the amber arrow was pointing, that was to the point.
Since t...
2024-10-21 12:18:44 +0000 UTC
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Gold has extended for me, it is now at the 2 Fib having overshot the 1.618 Fib for Wave 3
Such is the rate of capital flowing into safe havens, Silver is also up another +1% today, after runn...
2024-10-21 11:30:48 +0000 UTC
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We have a very clear breakout here from this triangle and like we said in the last update, above $2670 and this will bounce, we have got this through the resistance level now.
You are still V...
2024-10-21 11:23:05 +0000 UTC
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$NIO is -2% in the PM now after the some red from the HSI but still holding on the crucial support area and has not made a lower low below $5.05 which was made on Thursday.
We want to see str...
2024-10-21 11:19:17 +0000 UTC
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Started the session well and faded throughout the day,like I said under the $QQQ and $SPY charts yesterday, there could be some volatility this week as we lead into important earnings and we inch c...
2024-10-21 11:15:27 +0000 UTC
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PMI and Jobless claims will be the big ticket items on the economic calendar this week but I believe the earnings season will dominate the influence on the market.
So we should expect some wi...
2024-10-20 18:58:04 +0000 UTC
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Earnings season can be influenced heavily by a few heavy hitters and $TSLA has been one of those companies that tends to report earlier than their other Mega Caps and sometimes sets the tone for th...
2024-10-20 18:48:48 +0000 UTC
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$V got the move higher this week that we were waiting for.
Price has blasted away from the 50 and 200 Day MA and has a clear golden cross now too.
I was focused this week on adding to $...
2024-10-20 18:41:54 +0000 UTC
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$TSLA reports this Weds after the close and if the 10.10 day is anything to go by, if $TSLA does not have a steller earnings report then I don't see how the wedge line will hold at $210 and we have...
2024-10-20 18:39:30 +0000 UTC
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We have finally seen some break down of the rising wedge this week but the price action has used the 20 Day MA (red line) as support so far.
Earnings report is expected to be on the 31st of O...
2024-10-20 18:36:07 +0000 UTC
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This set up is a concern for me in this rising wedge and above the 1.618 Fib for Wave 3.
We can see that the price is getting very tight in the apex and it is somewhere I would avoid right no...
2024-10-20 18:33:00 +0000 UTC
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There is really not much more I can add here that has not been said already.
Price continues to hold above the 2 Fib at $79 and could still make a move higher to complete Wave 5 at $85 before...
2024-10-20 18:20:28 +0000 UTC
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$PLTR has pulled back from its high so far but we can see clearly that it has only retested the 1.618 Fib from above and is so far holding
Earnings is due on the 4th of November and although ...
2024-10-20 18:18:07 +0000 UTC
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Higher highs and higher lows are still being seen here in the larger and smaller bounces and moving in an impulse wave and also finished the week holding above the blue support line at $82.
I...
2024-10-20 18:15:00 +0000 UTC
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I wish I could be more optimistic for $MSFT holders but I just can not warm to a possible bullish move here right now
Price action is struggling at the 50 and 200 Day MA and has broken down f...
2024-10-20 18:12:20 +0000 UTC
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$INTC is in the same category as $SMCI and $CELH for me....all three have been beaten down and once they break out and hold above their respective resistance levels, I believe there is a strong mov...
2024-10-20 18:05:36 +0000 UTC
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$GOOG is still stuck between the $167 level and the 50 and 200 Day MA and we can see that the MA's are moving up to this $167 level now, effectively squeezing the price in this range
We want ...
2024-10-20 18:02:23 +0000 UTC
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No changes here, chart moving as expected, we got the bounce this week and moving comfortably in Wave 3 and I expect this to continue moving higher to the $100 level which aligns with the 1.618 Fib...
2024-10-20 17:59:46 +0000 UTC
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$BTC is at the critical level now testing $69k, which has been the tough level to convert to support and has failed at every attempt since March.
However this time may be different
Trum...
2024-10-20 17:05:49 +0000 UTC
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All eyes on $BABA, HSI, $BIDU and $NIO this week to follow through on their impressive hold and bounce on Friday.
Price has so far bounced where it needed to but we must see a follow through ...
2024-10-20 17:00:48 +0000 UTC
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$AMZN finished the week exactly at $188.99 which is always funny to see as the bulls and bears are making a statement that the fight to take this important level is still on.
We know a hold a...
2024-10-20 16:57:48 +0000 UTC
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We are all watching this closely.
We didn't get the hold of the 200 Day MA and the $164 level but the price is still holding above the 50 Day MA and the yellow trend line and the 0.5 Fib, so ...
2024-10-20 16:54:23 +0000 UTC
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Still holding strong at the 2.618 Fib but a number of rejections at this level still at $136, Bulls look like they want to test the 200 Day MA at $143 and bears are looking for that ABC pull back a...
2024-10-20 16:52:14 +0000 UTC
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$AAPL not a lot to update over this weekend, the vast majority of charts are moving as expected and there have been no surprises as we lead into the busy end of earnings season now.
$AAPL tes...
2024-10-20 16:49:52 +0000 UTC
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Silver has been the perfect safe haven
It is up over +46 % over the last year and up nearly 40% since we first bought in March
By all accounts this has run very aggressively ...
2024-10-18 19:59:17 +0000 UTC
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When $BTC runs, it will bring the entire sector with it.
$COIN and the miners are joining the party too
I have added the impulse wave count here too and we can see that this bounce has ...
2024-10-18 19:52:34 +0000 UTC
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I am clearly going down a rabbit hole right now reviewing historical charts but I do like this
- At its 200 Day MA
- At its 50 Day MA
- At its 0.618 Fib level
- At its 2...
2024-10-18 16:12:38 +0000 UTC
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I was reviewing $BABA's history and its consolidation period between 2014 - 2017 and it is almost identical to the consolidation period between 2022 to now.
With the 200 WMA being the trigger...
2024-10-18 16:01:15 +0000 UTC
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$SQ is looking very good here
Moving bullishly with $BTC due to its $BTC holdings I believe and comfortably in this Wave 3 moving to the 1.618 Fib at $81.
Aligning closely with the yell...
2024-10-18 15:38:24 +0000 UTC
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$BIDU needed to test its 50 Day MA for support which is below the 0.618 Fib but above the wedge it was in since July 2023
The pull back was harsh and testing but it remains valid and we staye...
2024-10-18 14:19:33 +0000 UTC
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