Eliottwavetheory
GBPUSD Short Side FavouredGBPUSD Daily is currently testing major historical resistance. Price Action has broken our of fib level 618, watch for an immediate bearish reaction.
Eliot Waves Say Bearish
Bollinger Bands Say Over Bought
RSI almost over bought
NFLX ABC Corrective WaveCurrently the primary resistance we're seeing is at the 0.382 Resistance area(price point 421.37, It is possible for NFLX to rally beyond this to the seconday resistance point of 428.53, if this line breaks, it's likely NFLX is not in a corrective wave form and could even reach to see newer highs.
Price Target: 376.00
tesla has nothing of interest..looks corrective here... can blow up with market but there are way better set ups out there!
another great rally incoming! dont miss it! may get another dip and its one to be bought! if you dont trust the rally just please, dont short!
possibly looking at a pullback from these areas..think its only the start of the move up, but def one you want to be careful taking part in. i am long but with caution. 3090 or 3200 are the 2 levels im looking for this to end, not sure which it will be, lets see!
market will top when google does!google adds up the best, everything is textbook.. i bet once this is done itll be a clear call that this rally is done. My current PT for this beast is shown.. about 9% higher from here..
could we be ending our supercycle from 08?who knows.. just bored but this oddly lines up... idk maybe we are in for some more pain! even if thats the case, we will have one of the greatest rallies of all time so theres that..
the only tech stock i think wont go up immediately THIS IS OK! if msft slacks we can still run, however id bet if we run like i expect it to this will be invalidated and just run with everything else.. time will tell, but if your day trading and bullish there are far better set ups. For now a #DONTTOUCH
amazons got another small rally in it, along with the S&Pthink this still has some small upside, but not enough to justify the risk, this is a big #DONTTOUCH.
Even if you were to short this thing it wouldnt be worth it, it can go on a shopify type euphoric run that just doesnt stop and honestly i would respect it much more then shopifys.. its f**kin amazon!
possibilities for the future of the market i think the low is in, ithink the big companies will only get bigger and emerge stronger as consumers flock to what they know to be quality, well known established brands.
Anyway, i still feel this is the beginning of the next bull market, whether its 2-3 years or till election we should see some serious euphoria if my analysis holds true. time will tell, lets see!
Follow my twitter for more updates! @jose_spy1 i offer sometimes hour by hour updates but def daily ones, opinion changes with the market, this is merely me thinking out loud.. if im wrong id be first to admit, lets see how this goes!
Should add, im preparing for short term correction after this move i have laid out.. but think general market direction will be up. GOODNIGHT/MORNING/DAY
STAY AT HOME DUMPthis will tank, whether its a good buy on the dip is up to you but im looking for this to happen in the coming days, 15%. A B C is not drawn to scale dont use those figures. targeting a top of around 461
a play im very confident in everything is drawn to scale so feel free to play the levels exactly, i will post updates on my twitter @jose_spy1 if you want to get more accurate counts as the day passes, thanks!
disclaimer: i love tesla and this is merely a technical play, i think its a buy from this area! but wont rule out the possibility of this buy wave A of a much larger ABC, this stock is rich whether you like tesla or not!
CRAZY DAY!!!!WOWWW what a crazy day.. chart played perfectly now what about tomorrow? well heres what i think! we are headed MAX to 9158 on the NQ or 2876 on the S&P , i think the future algos will have there time well spent correcting that crazy move at the end of today.. that said upside is minimal R/R now to the down side.. any entry over 285s a good one, let her RIDE! follow my twitter for more updates @jose_spy1
VERY CONFIDENT! hello everyone i normally chart the SPX but it looked really choppy so i looked to the NQ and heres what ive got! looks great all things line up i am playing this aggressively! leave you opinions and follow me on twitter i would really appreciate it! @jose_spy1 would love to see other eliot counts so send em my way! goodnight!
