RSP and WHY I AM BULLISH STILL197/199 target The chart posted is the sp 500 equal weighted RSP has dropped to a trend line dated back to march 23 2020 . I have three clean points and all are major . Elliot Wave calls for a final 5th wave to end this advance in the area of 198 plus or minus 1.25 Fib relationship and PUT /CALL as well as most of my spiral and cycles point to the final advance to a Bull market top is now setup . BULL MARKETS TOP ON GOOD NEWS > Best of trades WAVETIMER
DIA
2025 forecast NYA Wave B top nearing 20% decline plusThe chart posted is that of the NYA .12/8 /2024 Major wave B top forming target 20,190 alt 22130 . Cycles are bearish into 2025 and well into oct 2026 Depression Like decline . into oct 2026 . First big decline should take us down into the spiral turn date 3/10 2025 week . in what should be an 11.8 to 16.6 % decline we should then see a rally into Mid July to Sept 2nd Then cycles begin next bear cycle phase . Down hard in most of 2026 The market in this decline should take us down about another 26 to 35% in wave 3 , The final low if the big picture is correct should see a major low oct 10/20 2026 the total decline should be 38% to 44 % Gold should see 1050 to 1489 . Bonds should form a rally but will fail over n over . BMV:US should see 119 to 121 handle in 2025 by mid oct 2025 . . Tariffs and the trade war are the main reason . But the markets since 2009 have been Liquidity driven with zero rates forced money flows into Assets 2025 will see a Deleveraging of inflation assets as we decline in housing markets based on the 18.8 year cycle in housing . Unemployment will see a sharp rise into 5.5 -6.1% into oct 2025 . based on downsizing of the federal workers Bitcoin will see a drop min 42/35 and a final low is 18500 to 22100 peak to low . . In dec 2021 Forecast called for a 20 plus decline into oct 10 to the 20th 2022 into 3510 to 3490 in the sp 500 .Dec 2022 forecast was calling for a rally to new highs in all indexes . In dec 2023 forecast called for the sp to reach 5636 to 5818 and the year of a vix of 29 or better we saw 60 . What next is at most I have said is a target in the sp of 6183/6235 We may or may not reach that But if is going to it will be jan 2 to the 20th 2025 . The last of the money flow . Best of trades WAVETIMER
Bearish & Boring? Maybe. Profitable? Definitely.Bearish & Boring? Maybe. Profitable? Definitely. | SPX Market Analysis 12 Mar 2025
You know that feeling when you wake up and wonder if you’re stuck in a time loop? Yeah, me too.
For what feels like the hundredth time, I’m reporting that the bear move is grinding lower. The difference? The profits keep stacking up—so I’m not complaining.
Yesterday’s rally was supposedly triggered by Canada pausing tariffs, but let’s be real—this market is looking for any excuse to bounce. Yet, the overall trend remains the same: a slow, stair-stepping drop. Based on this drop-pause-drop rhythm, I suspect we’re entering the next pause before another leg down.
My bear boots are full, my trade allocations are set, and I’m waiting for two tranches to exit profitably before considering any new plays. Until SPX clears 5850, the bullish setups stay on the shelf.
This is the good kind of waiting—the kind where the market moves for me instead of me chasing it.
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Deeper Dive Analysis:
If it feels like Groundhog Day, you’re not alone. The bearish grind continues, slowly pushing lower, delivering small but steady wins. Unlike a panic-driven crash, this move is unfolding in slow motion, keeping traders on edge, wondering if a rally is lurking around the corner.
📌 A Market Looking for an Excuse to Bounce
Yesterday’s rally attempt was supposedly fueled by news that Canadian tariffs were being paused, but let’s be honest—this market is desperate for any reason to move higher. The reality? The larger bearish structure remains intact.
Every bounce so far has been short-lived.
The market keeps following a drop-pause-drop pattern.
We’re likely entering the next "pause" phase before another move down.
📌 My Trading Approach—Locked, Loaded, and Waiting
Right now, my bear boots are full, meaning I’m not adding new positions until my current tranches exit profitably.
Two tranches are set to exit with profits by the end of the week.
If we push lower or continue sideways, I’ll take my exits and reassess.
Until SPX clears 5850, I won’t even think about bullish setups.
📌 What’s Next? The Good Kind of Waiting
There’s no need to chase trades or force new entries. I’m simply letting my plan play out. If the market continues its slow-motion decline, I’ll collect my wins, reload selectively, and wait for the next prime setup.
For now, I sit back and enjoy the show—because this time, the market is working for me, not against me.
---
Fun Fact
📢 Did you know? In 2008, Porsche trapped hedge funds in one of the greatest short squeezes in history, briefly making it the most valuable company in the world—all thanks to a secretive stock manoeuvre.
💡 The Lesson? Markets don’t just move up and down—they can also turn traders inside out. The wrong bet at the wrong time can be devastating… unless, of course, you have a system that keeps you on the right side of the trade. 🚀
+405% day from $0.35 to $1.77 for $PSTV WOW 🔥 +405% from $0.35 to $1.75 NASDAQ:PSTV 🚀 What market sell off 🤷🏻♂️ we don't know anything about that, our strategy is getting us paid no matter the overall market circumstances 💪 It's been like this for over a decade
P.S. AMEX:SPY is at 200 moving average, if it cracks below it we could see NASDAQ:TSLA NASDAQ:NVDA NASDAQ:AMZN NASDAQ:GOOG NASDAQ:META and many others go way lower.
$QQQ Support and Resistance Areas?QQQ had a big bearish candle on Friday. If you look left on the chart there were 2 comparable recent days. On Dec 18, 2024, and Jan 7, 2025, both lead to further downside. On Dec 18, the decline before a rally was about 5.3% and the Jan 7 decline was around 4.9%. Friday’s decline was about 2.4%. “If” those declines are any guide, we could expect another 2.5% to 3% additional deterioration. Which portends a pullback to around 512 to 510. Think of those as areas of concern, not a prediction. I have also drawn in horizontal lines that “may” become areas of support or resistance. In addition, we are touching an area of upward sloping line (area) that has defined a series of higher lows over the last 4 weeks.
In summary, it is a good idea to have an open mind about any outcome over the next few days to weeks and simply look at these areas to see if they do indeed end up being turning points.
One more point, this is an index fund and as such looks at heavily weighted stocks. We are likely in a period of picking individual stocks that are leading and using this index simply as a guide to overall market health.
I hope that helps.
$XBI Starting New Bullish Trend?AMEX:XBI has been range bound (wide range) for a year. Recently it has been in a downtrend as defined by lower highs and lower lows. However, it looks like we now have a recent higher high and (maybe) a higher low. There are still technical challenges like it is under all moving averages. It would look much better once it gets above the shorter-term MAs which are all declining. The MACD is on a slight downward slope as well.
Having pointed all that out, I will be looking at a lower time period chart to get an early entry with a tight stop. If I do take a trade on this, I will post the chart I am looking at. All TBD.
This is my idea, if you like it, please make the trade your own and follow your own trading rules.
$BA Getting Ready to Resume the Uptrend?Boeing had formed a cup with handle formation that it “tried” to breakout from at earnings. That breakout failed but not by much. It broke out again on February 6th and has since been forming what looks like a bull flag.
I had an alert set on the horizontal line of resistance (breakout area) and I took a long position with a stop just below today’s low. To confirm the continuation of the uptrend, it needs to break above the bull flag. If it does that I will look to add to my position.
This is my idea of how I look to make trades. If you like it, please make it your own trade, and follow “your” trading rules.
$QQQ Wedging on the 65 Minute Chart (VCP)NASDAQ:QQQ is clearly in a wedging pattern. These types of patterns “usually” resolve in the direction of the larger trend. In this case that trend is still up.
This is a news driven market now so anything can happen. I have an alert set at both the top and bottom of the wedge lines. I do not plan to short this market, but should it break down, I may want to reduce my exposure. And if it breaks to the upside, I may add more exposure.
I am giving my observation of the market. Nothing more.
2/03/2025 Weekly Analysis + WatchlistSPY - Failed 2U week after going outside month the week before. Not super shocking, but now we sit in an interesting spot. The new month will open inside bar and has to either take out previous month highs (Which is ATH) or Jan Lows. Seeing that the range is pretty wide for downside, It will take less effort to make new ATH. Not that it means a whole lot, but that is something to note. Next, we see the week closed failed 2D, but is pretty much slapped right in the middle of last weeks range, so it will take an equal amount of effort to make a HH or LL. Finally, from a daily perspective we have a large failed 2U with slight PMG to the downside. We are definitely primed for a sharp corrective move Monday, but of course anything can happen, we are just much closer to seeing the bear scenario than bull. In my mind, the ideal weekly scenario is this: Monday sees sharp corrective move, taking out the PMG guys, then the rest of the week climbs, triggering the weekly 2-2 Rev, which then ideally sends us into ATH once more before seeing either BF expansion on the Month (since we would go 3-2U.), or seeing us start to come back through last months range for a larger corrective move. In the pure bear scenario, we trigger the daily reversal, head down to weekly 2-2 cont. trigger, then see if we can make progress down back through a few daily gaps, ultimately targeting prev month low for the 3-2D M. Given that we are going into a new monthly open after going 3, we could very easily just chop and go nowhere for the week seeing as we may just remain inside week with the month being inside to start out before possibly seeing control more clearly dictated in the 2nd/3rd week of Feb. Main advice regardless is to trade things that are moving early on like gappers, and anything where the month goes 2U or 2D in the first week. Avoid inside bars if possible and trade light!
Main setups for the week:
Bull:
GE - Inside D and W
ORCL - Hammer W to head back through D gap. Cautious with this one
MRVL - Weekly 2-2U. Daily gap fill to the upside after giant gap down to exhaustion risk
Bear:
BA - Shooter 3-2D weekly. Bear Revstrat daily. Daily BF looks solid.
MSFT - MoMo Shooter M, 3-2D W, Daily 2-1-2D. Check daily BF. Still has magnitude after massive ER drop
VZ - Weekly 2-2D, Daily shooter 2-1-2D, FTFC Red. Check daily BF
Neutral:
RKLB - Inside week. Nuclear Green FTFC and super crazy ATR lately
DJI a FAILED 5th Wave and right shoulder Head n shoulder TOP The chart now can be seen as A 5th wave Failure . as we have entered the 6 spiral window. the last 5 /6 spirals called the TOP to the day major turn 11/29 to 12/5 in the dji it was 11/29 and the MATH was near perfect . Now what ?? the drop in my view was wave 4 of the Supercycle peak . since then cycles turned up and the 5th wave started . based on the 80 day cycle due mid dec . so why am I calling this a Failed 5th wave reason is the last low was one of the longest days down in US history and breaking the long term trendline support The High Hit the trendline at the peak going back to the sept 2nd 1929 high . The fact that the sp 500 is now the only index to print a new record high is a warning . I started to move into puts on friday jan 17th and moved to a 110 % long puts today at 6100 in the spx cash and 533 in the QQQ , The market can still trace out a small 4 nad 5 and 4.5 and the DJI could still print a minor new High but today and this week are a grouping of 6 spirals Golden ratio . the DJI has only rallied to almost .786 the drop 44370 target I started buying puts at 43800. 2025 is a very bearish cycle see my forecast DEC 8th 2024 . Best of trades WAVETIMER
SPY Mid week analysis 1/14/25SPY - Monthly reversal is now being negated as we moved back above the monthly 2-2d trigger at Prev Month Low. We are also now failed 2D coming back through previous week range. The daily went 2-2 rev, but closed failed 2u as we made higher highs, but closed red near mid range of the day. The question for tomorrow is do we continue pushing back through last weeks range to expand the BF created by the 3 from last week, or do we take the failed 2u - 2D reversal, reconfirm the Monthly reversal down as well as the weekly 3-2D. We have a 3-1 setup on the 4HR as well as an inside bar 60 which is what I will be watching going into open tomorrow assuming no gap up or down. Should be an exciting rest of the week as we look to see if bears can reclaim control on the W and M, or if Bulls are setting up for a recovery back to ATH.
Levels to watch: Current 60 inside bar High and Low, Current 4HR bar high and low, Prev month low, 585.96 for upside which is the 2-2U rev target we did not get to today, but may compound 2Us tomorrow to get to if the bull scenario is playing out.
Here's what's happening early premarket $2.28 to $4.88 $STAFStarted with after hours pop right around market close, held support line all the way into after hours close and continued with another pop right at preamarket open to doubled level.
"Market Corrections Ahead of the Presidential Inauguration."Corrections are a part of the stock market, signaling moments of weakness and opportunity. Here's a breakdown of the current market decline levels, ranging from the recent 5% pullback to the potential 20% drop that defines a bear market. These are the levels that I will be watching to let me know the momentum of this current shorter term downtrend.
Historical Context:
Over the past 50 years:
5-10% declines occur about 3-4 times per year on average.
10-20% corrections happen roughly every 2-3 years.
Full bear markets (20%+ declines) are rarer but significant, averaging one every 6-8 years.
This chart visualizes the current levels, helping traders and investors understand where we stand in historical context and where the market could potentially head.
Always remember that as hard as some corrections and declines can be, they all create buying opportunities for long term investors.
$DATS and $HOTH largest two gainers of entire stock market todayImagine two +360% vertical stocks 🚀🚀 while rest of the market crashes
Imagine no more, that was reality today!
Today's 2 trades were the hottest two stocks of the entire market
NASDAQ:HOTH and NASDAQ:DATS with buy alerts before they went up 363% and 376% on over $1 Billion USD volume each
Now you know where all the bulls went today 📈
This further proves our strategy is able to generate big wins no matter the market circumstances!
🖐️ 5 Buy Alerts - 5 Wins yesterday
✌️ 2 Buy Alerts - 2 Wins today
Perfect week so far, let's keep it going!
DIAUSDT Analysis: Volume Spike with a Strong Demand ZoneDIAUSDT Analysis: Volume Spike with a Strong Demand Zone
Daily Volume Increase: DIAUSDT shows a significant 96% spike in daily volume, indicating heightened interest.
Volume-to-Market Cap Ratio: The 60% ratio suggests active trading relative to its market cap.
Blue Box Entry Zone: The blue box is identified as a meaningful demand zone for potential entries.
Confirmation Checklist:
Before entering, I will look for confirmations using:
Cumulative Delta Volume (CDV)
Liquidity Heatmap
Volume Profile
Volume Footprint
Upward Market Structure Breaks on Lower Time Frames
Additional Insights:
DIAUSDT is showing strong signals, but risk management remains crucial, especially in volatile markets. Entries in the blue box should be approached with confirmation for the best risk-to-reward ratio.
Learn Advanced Techniques:
Want to master entries like this? DM me to learn how to utilize CDV, liquidity heatmaps, volume profiles, and volume footprints effectively.
Final Thoughts:
The blue box provides a great entry opportunity for DIAUSDT. Stay patient and precise. Good luck trading!
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
My Previous Analysis (the list is long but I think it's kinda good : )
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
SPY (S&P500 ETF) - Daily Price Consolidation - End of 2024SPY (S&P500 ETF) is currently in a short-term consolidation price pattern (end of December 2024).
SPY price needs to hold and rally above $583 to avoid a daily bearish head-and-shoulders resistance price pattern.
Support Prices to the downside are: $583, $577, $569, $555, $532.
Resistance Prices to the upside are: $592, $600, $604, $613, $626.
Several Key Events will be occurring in the USA, January 2025:
-CES 2025 Conference (week 2)
-Inflation Data (week 2)
-Stock Market Earnings Season begins (week 2 to 4)
-New President taking office, potential law changes (week 3 to 4)
-FOMC Press Conference (week 4)
Note: Any of the above events can cause stock market volatility and override technical charts.
Date: 12/30/2024 pm
IWM CORRECTIONAs we can see, there has been a correction since the presentation of the FOMC meeting, with a break in the bullish structure we had in the indices. IWM is one of the most bearish indices, breaking bullish structures in the 4-hour timeframe and losing strength in the daily timeframe. Although there hasn’t been a change in the daily timeframe yet, we are losing momentum and should recover the daily channel. In my view, it is the weakest index.
Daily Watchlist (12/17/24) + Market NotesSPY - Failing attempts all over to reclaim highs and lows, so we are making new intraday Broadening Formations. The current one as seen in the chart, is looking to potentially head back through previous range if unable to continue to the upside pivots around 608.40 and 609. Given we have FOMC news Wednesday, I am not expecting too much to happen tomorrow as we are stuck in previous range and keep seeing failed attempts to reclaim pivots. Of course anything can happen, but I will strictly be watching individual names only for trades.
QQQ - New ATH again today. Nothing special to note besides the fact that tech is obviously leading things this week
DIA - Polar opposite of QQQ. Industrials getting slammed again this week as DIA puts in its 8th consecutive Daily lower low
IWM - Green today but similar to DIA
Overall market notes: Its clear that the market continues to see cyclical names move higher while more defensive and noncyclical names continue lower. In light of FOMC this week, it doesn't seem like any sectors are making too big of shifts besides financials finally seeing some buying again. Mainly just concerned with what SPY does this Wednesday as it seems like usual we are waiting for the news before making the next significant move.
WATCHLIST:
Bullish :
NASDAQ:PLTR - Potential 3-2U daily with a potential 3-1-2U 4HR to trigger the day. FTFC green, but week is inside with lots of room to go for either side to go 2
Bearish :
NYSE:UBER - Potential 2-1-2D Daily. Shooter inside day to put week 2D and confirm Q attempting to go 3 after hitting hammer revstrat upside magnitude earlier this Q
NYSE:PFE - Potential 3-2D daily to put week 3-2D. Weekly reversal occurred at Q exhaustion, but failed 2 upside attempts now. "Fail one side, target the other"
NYSE:PINS - Potential 3-2D Daily to confirm Weekly 3-2-2D in force with magnitude left
Notable winners from weekly watchlist (posted Sunday 12/15):
ETSY, RBLX, RKLB, OXY, WMT
Daily Watchlist (12/17/24) + Market NotesSPY - Failing attempts all over to reclaim highs and lows, so we are making new intraday Broadening Formations. The current one as seen in the chart, is looking to potentially head back through previous range if unable to continue to the upside pivots around 608.40 and 609. Given we have FOMC news Wednesday, I am not expecting too much to happen tomorrow as we are stuck in previous range and keep seeing failed attempts to reclaim pivots. Of course anything can happen, but I will strictly be watching individual names only for trades.
QQQ - New ATH again today. Nothing special to note besides the fact that tech is obviously leading things this week
DIA - Polar opposite of QQQ. Industrials getting slammed again this week as DIA puts in its 8th consecutive Daily lower low
IWM - Green today but similar to DIA
Overall market notes: Its clear that the market continues to see cyclical names move higher while more defensive and noncyclical names continue lower. In light of FOMC this week, it doesn't seem like any sectors are making too big of shifts besides financials finally seeing some buying again. Mainly just concerned with what SPY does this Wednesday as it seems like usual we are waiting for the news before making the next significant move.
WATCHLIST:
Bullish :
NASDAQ:PLTR - Potential 3-2U daily with a potential 3-1-2U 4HR to trigger the day. FTFC green, but week is inside with lots of room to go for either side to go 2
Bearish :
NYSE:UBER - Potential 2-1-2D Daily. Shooter inside day to put week 2D and confirm Q attempting to go 3 after hitting hammer revstrat upside magnitude earlier this Q
NYSE:PFE - Potential 3-2D daily to put week 3-2D. Weekly reversal occurred at Q exhaustion, but failed 2 upside attempts now. "Fail one side, target the other"
NYSE:PINS - Potential 3-2D Daily to confirm Weekly 3-2-2D in force with magnitude left
Notable winners from weekly watchlist (posted Sunday 12/15):
ETSY, RBLX, RKLB, OXY, WMT