My thoughts on the market day:
If CPI comes in hot then there is likely going to be a flush down to the green line at $565 this week then and we can assume that the 200 Day MA will be tested ...
2025-01-15 12:33:24 +0000 UTC
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As we lead into CPI this morning, Silver is sitting right in the centre of the strong confluence level at $30.
The 50 Day, 200 Day, 0.618 Fib and blue support/resistance level is here too.
2025-01-15 12:28:34 +0000 UTC
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Solid price action this week and we still have a stable hold above the 0.618 Fib at $635.
Big test next to flip the 0.38 Green Fib to support at $676 and I believe this can move higher next t...
2025-01-14 19:23:06 +0000 UTC
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$JASMY is still in its impulse structure, above its blue support line, its 200 Day MA and the standard 0.618 Fib
So there has been no break down, just an extended corrective wave, so all we n...
2025-01-14 19:18:40 +0000 UTC
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$DDOG continues to look good and as long as there is a hold between 0.38 Fib and the 0.5 Fib between $134 and $142 then $DDOG could possibly follow the $QQQ and move higher to complete its own Wave...
2025-01-14 19:14:40 +0000 UTC
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$HOOD is on the cusp of making a higher high above the $43.85 level which would further confirm the trend to the upside and I would consider Wave 4 complete and comfortably being in Wave 5.
W...
2025-01-14 19:11:56 +0000 UTC
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$PFE's structure remains in place in spite of the tests towards the health sector this week.
We can see here a retest of the blue support line from above and the 50 Day MA and so far holding ...
2025-01-14 19:08:23 +0000 UTC
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Nice performance so far today and a good support so far on the higher low on the 0.78 Fib.
Price is also above the 0.618 Fib level too and looks set to test the 50 Day MA from below next.
...
2025-01-14 19:04:04 +0000 UTC
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In an odd change, the $SPY, $QQQ and $IWM could all be aligning now if they have just completed their Subwave 4 and are awaiting one final rally up.
I have added the potential Subwave 4 count...
2025-01-14 12:03:23 +0000 UTC
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$ACHR also flushed down -8% yesterday but up +6% now in the PM.
We can see that the pull back has held right in between the important Fib levels we watch for Wave 4, so the price action is do...
2025-01-14 11:56:52 +0000 UTC
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$BUD has broken down very harshly out of its triangle now and is making a move to the 0.78 Fib at $42 again, which was the support level held at the end of 2022.
The price is also considerabl...
2025-01-14 11:51:06 +0000 UTC
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$COIN Wave 4 is still valid and has been held up by the 0.618 Fib, just below this level the 200 Day MA is waiting if needed to stop any infringement below the top of Wave 1.....we see this happeni...
2025-01-14 11:46:06 +0000 UTC
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$HIMS showed some notable relative strength yesterday and reinforced (of all people) by Morgan Stanley, who said again that their PT for $HIMS is $42....they must have read my tweet on Sunday bad m...
2025-01-14 11:38:01 +0000 UTC
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Very very good response from the bulls after the flush down yesterday to inbetween the 200 Day MA and the 0.618 Fib, the sweet support spot.
Price has jumped +8% since then and although we ar...
2025-01-14 11:33:48 +0000 UTC
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Yesterday I added the $SPY chart that would favour the bulls and the pull back we have seen is simply a Subwave 4 of Wave 5....so I have added this to the $QQQ chart too and we can see they are ver...
2025-01-14 11:30:24 +0000 UTC
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There was a strong flush down from the market and the semi sector at the opening yesterday but as the session continued, large dips were getting bought and with the positive PM activity this mornin...
2025-01-14 11:23:48 +0000 UTC
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I would be concerned about this set up if I was currently holding $RKLB
We have seen a lot of setups like this that have all fallen to the downside after going very parabolic and this looks n...
2025-01-13 18:12:06 +0000 UTC
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There is a clear arc now developing for Aston Martin as it threatens to finally break out of this very long descending triangle.
The 50 Day MA is also keeping the price suppressed below 108p....
2025-01-13 17:51:43 +0000 UTC
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There is a strong argument to suggest that $CVS is ready for a reversal.
Yesterday we said that the bulls needed to start the week strong and unfortunately they have not done this, I have assessed potential support levels that the bulls must try and hold in order to sav...
2025-01-13 17:12:56 +0000 UTC
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Strong pull back after a failed attempt to make a higher high above $5.20.
Structure is not a concern right now but I would like to see the $4 level recaptured for comfort
In the meanti...
2025-01-13 15:32:55 +0000 UTC
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$UNH has held support on its 200 WMA now between $480 and $500 and has held support on the 200 WMA for 4 weeks now.
We can see that 50 WMA has now been tested but in the PM there is some gree...
2025-01-13 13:07:37 +0000 UTC
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In terms of structure, very little has changed here for $SQ, it has pulled back in 3 waves so far to in between the 0.38 Fib and 0.5 Fib levels but it has lost the 50 Day MA and back into the broad...
2025-01-13 12:57:18 +0000 UTC
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The PM is rough right now and Crypto is feeling it too
$ETH chart remains the same as the previous one uploaded and we look set to test the 200 Day MA next at $2985 and the 0.618 Fib would al...
2025-01-13 12:01:49 +0000 UTC
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Continues to search for support and has made a lower low now too below the red support line which was the low in August.
Price action is deeply into this descending wedge and the trend is unf...
2025-01-13 11:55:56 +0000 UTC
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$NIO continues to be held down by the 50 and 200 Day MA and a lower low is made now too, so the last Fib support level now comes into play at $4.08.
Unfortunately if this level is not held th...
2025-01-13 11:51:02 +0000 UTC
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HSI has pulled back to the 200 Day MA now and finished the session today above this level.
This needs to be said over and over: Testing lower Fib support levels or MA's does not mean that a s...
2025-01-13 10:51:17 +0000 UTC
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$ADBE is slightly below the 0.618 Fib support level now at $413, so support has not been found yet and if the price action can not try and regain the $413 level shortly then the lower 0.78 Fib leve...
2025-01-13 10:42:12 +0000 UTC
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$MSTR has been struggling under the blue resistance line which aligns with the 50 Day MA right now.
$BTC has not lost its structure yet and is heavily linked with the the Market right now, so...
2025-01-13 10:37:16 +0000 UTC
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$PLTR is down -4% in the PM now and down to $64 but many sectors are down in the PM right now and Tech seems to be the most affected so far.
50 Day MA has been lost now but there has been no ...
2025-01-13 10:32:31 +0000 UTC
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