-8% flush down at the opening after a run to the 3.618 Fib is a good indication that Wave 5 could be complete here
I do have a position and I am up +40% here but I won't be selling my positio...
2025-05-19 13:40:46 +0000 UTC
View Post
I like the set up here so far
We have a 3 Wave ABC pull back for a double bottom on the 0.618 Fib at $66 and has now bounced back up to the 0.5 Fib at $86.
What we want to see next is a...
2025-05-19 13:30:56 +0000 UTC
View Post
As we expected, $VIX has retested its confluence level on the 50 WMA and 200 WMA and so far has held and bouncing +13% now before the market opens.
No panic just yet but a hold of support on ...
2025-05-19 11:47:22 +0000 UTC
View Post
The US 10 YR is the big elephant in the room right now
Like I said in the last few uploads, if this was a stock we liked, we would be building a big position because of its bullish set up abo...
2025-05-19 11:44:05 +0000 UTC
View Post
Pulling back in the PM now with the market and again it's same commentary as the $SPY chart too.
I think this is a retest of an important breakout level.
$NVDA had an incredible week la...
2025-05-19 10:54:20 +0000 UTC
View Post
Price is back below the top blue line now in the PM due to the market weakness and the uncertainty behind the Moody's downgrade
But we highlighted last week that 5 waves are visible now and a...
2025-05-19 10:46:22 +0000 UTC
View Post
-3.5% pull back in the PM now is not giving me much concern for the structure here
And we can see on the chart that this PM move brings the price down to retest the outside of the bullish fla...
2025-05-19 10:36:15 +0000 UTC
View Post
We added on the pull back here on Friday for our Third Buy and very happy with our entry at $63.60, with the price green in the PM now at $65.41, while other positions are red.
I like what I ...
2025-05-19 10:23:25 +0000 UTC
View Post
The price action has been moving wonderfully here
We wanted Wave 1 to reject at the 200 Day MA and the 3.618 Fib at $2700 and pull back for Wave 2 and that is what we are getting.....and this...
2025-05-19 10:15:21 +0000 UTC
View Post
Let's start the day and week with something positive.
Price is back to $301 now in the PM and is a green mark in an uncertain wave this morning for the market.
In my last upload we said...
2025-05-19 10:10:14 +0000 UTC
View Post
De-escalation and the Damage Done: Lower Tariffs, Lingering Risks
Tariff Reduction Brings Relief — For Now
2025-05-18 19:56:50 +0000 UTC
View Post
Commentary here is almost identical to that just shared under the $QQQ chart
In short, we expect a retest of the 50 WMA from above next after a very strong run from the market since the 7th o...
2025-05-18 19:54:07 +0000 UTC
View Post
There was enormous strength in the $QQQ this week, as the price action burst through the 50 WMA at exactly the amber 0.618 Fib at $487.....after Sunday evening Trump announced that the US and China...
2025-05-18 19:48:32 +0000 UTC
View Post
And just like that we ended up right back at $366 this week, having completed Wave 3 at this level in Feb, pulled back in 3 perfect waves for Wave 4, held support just slightly above the standard 0...
2025-05-18 19:41:40 +0000 UTC
View Post
No changes to the chart here for some time....for 2 years to be exact
The price action has been working its way through the amber resistance levels so far with ease and the price held at the ...
2025-05-18 19:39:19 +0000 UTC
View Post
$SHOP is not showing much concern about the US - CHINA tariff war and the reduction in Tariffs to 30% so far has been warmly welcomed here and the price has bounced out of the rising wedge again at...
2025-05-18 19:26:39 +0000 UTC
View Post
$SE's strength has been very strong and somewhat surprising which is likely down to how hard this has dropped since 2021 and how far it is still off its ATH level.
That being said, the price ...
2025-05-18 19:23:16 +0000 UTC
View Post
Looking very good here, we added well during the ABC pull back and have no more buys right now as we have been holding since the start of 2024, so we have a full position now in $PYPL and with an a...
2025-05-18 19:20:21 +0000 UTC
View Post
We were interested in adding $NKE on a retest of the $60 level this week and it did happen but the $UNH set up was too big to ignore and we prioritised adding at the $250 sweet spot there over all ...
2025-05-18 19:17:28 +0000 UTC
View Post
$MSFT has been stretching for that ATH level again at $468 and we can see that the price action is arching as it approaches this level which typically means the price action is stretched and this w...
2025-05-18 19:02:14 +0000 UTC
View Post
$GOOG and $AAPL are in similar set ups, both have not broken above their 50 WMA, like $AMZN and the market and $GOOG has been lagging somewhat and has only tested its amber 0.38 Fib at $168 too.
2025-05-18 18:59:42 +0000 UTC
View Post
$DIS had a strong week and we can see that there is yet another bounce back up to the 200 WMA this week and has met resistance, this is the 5th time at this MA since November but the price action d...
2025-05-18 18:57:15 +0000 UTC
View Post
The $BTC price action has been largely unaffected by the Moody drop on Friday evening which should be a positive sign for the market as $BTC has been front running the market I believe.
Some ...
2025-05-18 18:36:00 +0000 UTC
View Post
Another week holding above the blue support line at $121, we want to see this continue and like I said in the last upload, we expect a Golden Cross between the 50 and 200 WMA this week too.
E...
2025-05-18 18:32:02 +0000 UTC
View Post
$AMZN along with the market did break above its 50 WMA and ran as high as its amber 0.618 Fib which we know is a resistance level.
Price has pulled back slightly from here, so we will need to...
2025-05-18 18:15:54 +0000 UTC
View Post
Our girl finally made it back to the 200 WMA this week, something we have been following for a lot of 2025
Was there ever a doubt about this?
I will let you be the judge of that.....but...
2025-05-18 18:12:27 +0000 UTC
View Post
$ABNB had their 'Apple Day' this week where they launched new features for their app.....and I have to admit I got very excited about it.
You can now buy a lot of features through their app f...
2025-05-18 18:09:02 +0000 UTC
View Post
Big talking point over the weekend will be how will the market handle the Moody's downgrade that came in after the market closed on Friday.
It was the first Downgrade in Moody's history on th...
2025-05-18 17:51:21 +0000 UTC
View Post
$ADUR has bounced +8% today and we ideally want this to be a bounce for Subwave B and then rejecting before making a higher high and then pulling back for Subwave C as shown to the $5.25 level on t...
2025-05-16 19:23:46 +0000 UTC
View Post
$ONON with that god like candle now, bursting through the 200 Day MA and the blue neck line at $55 this week.
Big test next will be a retest of the blue support line at $55
A hold above...
2025-05-16 16:56:49 +0000 UTC
View Post