1/20 Weekly Watchlist + NotesWeekly Watchlist and Market Analysis Using #TheStrat
Indexes - SPY went failed 2D week following the previous week going 3 and we nearly went 3 on this last week, but came up short with little room to go to previous week highs. This week we look to go 3-2-2U to confirm the month being failed 2D that has now retraced more than 50% of the previous months range, meaning we are now closer to taking out previous month highs than we are to reclaiming previous month lows. With full timeframe continuity green, we know that buyers are full in control at the moment, and this upcoming week looks to confirm that further as we look to target previous weekly highs on our way up to ATH levels. No daily actionable signal and a couple daily gaps to the downside, so we will see what happens Tuesday pre market whether we gap down to give last weeks buyers some corrective activity, whether we gap up, clear weekly magnitude (at the high of the weekly 3 from the week prior to this last week) before seeing if we expand further to confirm the month attempting to go 3 or begin reversing back through last weeks range. Finally, we may just open flat and see where intraday signals and continuity take us.
(Slightly pressed for time at the time of writing so I apologize for the lack of detail like my normal posts)
Watchlist:
Bullish:
NVDA - 2-1-2U Daily, 2-2 Weekly. Daily BF looks interesting
PLTR - 3-2-2U Weekly. High rVOL
WMT - Hammer 2-2 Week, MoMo Hammer Daily. Inside green Month which isn't great this late in the month, but not bad enough to ruin this setup for me
DLTR - Hammer 3-2-2U weekly after month went 3. Looking to go back through the months range now. Note: DG full FTFC red so no sector support
IONQ - 3-1 Week at M Exhaustion. MASSIVE range on this one. Nearly 30% underlying move from weekly trigger to magnitude
HIMS - Hammer failed 2D, Weekly 3-1, Failed 2D month attempting to go 3
Bearish:
DOCU - Weekly 3-2-2 Shooter. Daily Big red 3 following double inside day so potential 3-2D daily to trigger shooter week down. Filling in massive gap from the last earnings report
Neutral:
DAL + UAL: Both have inside weeks. DAL at exhaustion risk. UAL bright green. Relative strength in the airline industry
QQQ
QQQ: Bearish Continuation & Short Trade
QQQ
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short QQQ
Entry Point - 521.74
Stop Loss - 526.52
Take Profit - 512.96
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
Mo money Mo money AMZN to the moon ? AMZN: Bull Flag on Daily Chart
Amazon (AMZN) is forming a bullish flag pattern on the daily chart, indicating potential for further upward movement. This pattern typically suggests a continuation of the prior uptrend after a period of consolidation.
Key observations:
Bull Flag Structure: After a strong upward surge, AMZN has entered a consolidation phase, creating a flag-like formation with parallel downward-sloping lines.
Volume Dynamics: The initial breakout was accompanied by high volume, while the consolidation phase has seen diminishing volume, a classic characteristic of a bull flag.
Support and Resistance Levels: The resistance level is observed around , with support at , defining the flag boundaries.
Moving Averages: AMZN is holding above the , which may provide additional support and align with the bullish outlook.
Potential Breakout: A breakout above the upper boundary of the flag could propel AMZN toward , based on the flagpole's length projection.
Watch for a breakout with increasing volume to confirm the bullish continuation. Keep an eye on broader market trends and any news that may influence AMZN's price action.
Trump's inauguration sends the Tech sector's 'time to shine'The 2nd inauguration of Donald Trump (now to sworn as the 47th president of the United States) is here and expected to take place on Monday, January 20, 2025.
Crowds are gathering in Washington DC in freezing conditions ahead of this most anticipated over past several months event.
Tech sector stocks are about to have a welcome moment also.
The main technical graph for Nasdaq-100 indicates here's "time to shine" as positive fundamental and technical catalysts converge.
A rising potential for AI monetization via agentic AI as a technology can autonomously accomplish complex tasks on the user's behalf.
The fact is that widespread AI adoption has happened heavily more rapidly than PC and internet adoption in prior major technology cycles, which could mean that AI is closer than expected.
As a result, qualitative commentary on ramping up enterprise AI adoption during earnings calls will likely evolve into indications of incremental revenue boosts this year, before more meaningful monetization as early as 2026, they add.
Such a trajectory would likely be a welcome development for many AI investors who expressed worries last summer after pouring such huge amounts of money into the tech with little signs of a return on investment.
In technical terms, Tech heavy Nasdaq-100 futures has been supported a week ago by 100-Day SMA, and now an epic breakthrough of the Reversed Head-and-Shoulders technical figure is coming.
Descending Bearish channel seems is clearly broken in this time.
XLP vs SPY: Staples vs SPYConsumer staples vs SPY is at historical lows on the monthly chart. Last time it touched multi year low, then we saw a multi-year Bull market from 2000-2007. XLP had a fantastic bull run against the indexes like SPY and QQQs during the Great Financial Crisis (GFC) and reached ATH during 2009. Since then, the XLP has been bleeding against the S&P 500. It tried to reclaim the high in 2026 but suffered failed top. Since 2016 the ratio has been in a bear market and makes lower lows and lower highs. Recently it broke the multi-year low and is making lower lows. Weakness in Staples indicates a risk on trade in favor of the momentum indices like SPY and QQQ.
QQQ Buyers In Panic! SELL!
My dear subscribers,
This is my opinion on the QQQ next move:
The instrument tests an important psychological level 521.74
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 513.22
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
QQQ/SPY - Which way will it break?For the last 4 years (2020-2024), we have been in a narrow band where--generally speaking--SPY and QQQ have performed comparably. 2022 is the notable exception, where inflation increased rapidly and QQQ underperformed SPY.
For the prior 12 years before that (2008-2020), QQQ outperformed SPY handedly. Inflation was low. Interest rates were held at ~0%.
When you overlap the last 16 year channel with the last 4 years horizontal band it becomes clear that one (or both!) of these trends will break down.
Option 1: Inflation is under control, and the last 16 year channel is sustained. 4-year trend breaks.
Option 2: Inflation remains in limbo, and we stay in the new 2-year horizontal channel; 16-year trend breaks.
Option 3: Inflation is rampant, and QQQ underperforms SPY. Both trends broken.
What's it going to be?
SPY/QQQ Plan Your Trade For 1-17-25 : Gap Up Higher PatternToday's pattern is a Gap Up Higher in Counter Trend mode.
I believe this pattern would have resulted in a Gap Down Lower price trend related to the counter-trend setup. But it looks like the foreign markets drove the SPY/QQQ higher.
The obvious disruption to the SPY Cycle Patterns recently has come from the post-election concerns and the expectations of a broader credit/debt market crisis (which seems to be subsiding).
I believe we have to get past the Inauguration before we'll be able to see if the markets attempt to establish any defined price trend or continue to trade in a sideways price mode.
Gold and Silver are struggling to muscle higher - which I believe is the likely outcome for metals.
BTCUSD has moved back above $100k - but may struggle above the downward-sloping price channel.
Overall, at this point, I would suggest traders pull profits on any trades they have open as we move into the new Trump Administration and a slew of new EOs and new policies that may disrupt the markets.
We are very likely going to see some new price volatility over the next 30+ days.
Get some.
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SPY/QQQ Plan Your Trade For 1-16 : Momentum Rally PatternToday's pattern suggests the markets will continue a rally phase - trending on the momentum from yesterday. It is likely the SPY/QQQ will attempt to rally and break away from the downward-sloping price channel I show on my charts.
Remember, my broader cycle pattern research suggests the SPY/QQQ will attempt to rally into Jan 20-23, then peak and roll downward/sideways into a Feb 9-10 V-Bottom pattern.
As I highlight in this video, the markets appear to be moving into a consolidation phase within the current downward-sloping price channel. I'm watching to see if the new Trump administration brings a BUMP (like last time) that breaks the US markets away from this consolidation trend.
Remember, the data on the US economy and earnings continues to be strong. A Trump-Bump will likely happen again, pushing the US markets into even greater dominance as the 900-lb Gorilla compared to other global economies.
However, until global central banks can move their economies to become more independent of US economic demand and imports, the process of working through the excesses of the COVID/Spending-spree administration (Biden) will continue as long as wealth in the US goes unchallenged (by some crisis or economic event).
So, again, expect the 900lb Gorilla to continue to dominate while there is no major crisis event in the future.
Gold and Silver should rally today on a RALLY pattern as well.
I believe BTCUSD is struggling to find support and may move downward over the next 10+ days.
We'll see what happens.
Get some.
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SPY/QQQ Plan Your Trade 1-15 Followup: Rally Into Jan 20-23This video was started to highlight the incredible predictive capabilities of my SPY Cycle Patterns and longer-term Cycle Research.
It seems almost impossible to be able to somewhat accurately predict future price moves - but I'm able to do it with moderate success - sometimes months and years into the future.
What does that mean to you - well, it should mean you want to pay attention to my research/videos and learn how to take advantage of my continued research.
This video highlights why the Doom-sayers are wrong. The markets will continue to trend upward until the 2030-2033 peak. That's when traders need to be prepared for a broad market downtrend.
But, it sure is fun getting emails and announcements from all the people that are now calling for a "great reset" to take place.
It may happen in certain countries, but this is a market of economies - not a single economic market. What happens in some countries does not always happen to all countries.
As the old saying goes - this is a market of stocks, not a stock market.
Get ready - the next 5+ years should be full of incredible opportunities for skilled traders.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
The chart I am posting is The road map for QQQ The chart I am posting is that of the QQQ and what should be the pattern if We are going to see a Final 5th wave to 561 plus or minus 2 . I called for a major turn 11/29 to 12/5 from this we should see a panic or a corrective wave structure I have a grouping of 6 spiral turn from jan 19 to the 25th .I have sold All my longs as we hit price targets for the first leg up and to form the ABC rally .What next possible pattern is abc up for wave 1 or A we should see now a pullback in an abc decline back to 50 % from this we should see wave C up in the form of 12345 a 5 waves rally and break Above the down trend line as Most everyone will then get on board . The MATH projection IF and I say IF the turn of 11/29 to 12/5 was just the top of wave 3 of 5 then we will see the HIGH for 2025 at 561 plus or minus 2 I have dates of FEB 14 and march 13th As MAJOR turns based on the fib cycles and Spirals . You should wait to see conformation . in the pullback before buying longs again . BEST OF TRADES WAVETIMER
SPY/QQQ Plan Your Trade For 1-15 : Inside BreakawayToday is going to be a very interesting day.
Mortgage data came in very strong, while CPI data came in moderately weaker. That is setting up a very strong GAP RALLY phase in the markets.
Shorts are going to get SQUEEZED HARD this morning, and I suspect we may see a carry-through rally lasting most of the day.
Be cautious of a pullback after the big GAP opening (higher) this morning.
Gold and Silver are attempting to move higher - which is perfect if the US Dollar weakens moderately. Overall, Gold and Silver are attempting to hedge risk factors into 2025.
Bitcoin will likely run into resistance just below $100k and attempt to fall downward again.
This is a very exciting week because it appears the markets are shaking off the debt/credit/yields concerns and moving back to normal.
Remember, where else will investors place their capital for Growth and Returns - other than the US? As I see it, the US markets are still the 900lb Gorilla in the global markets simply because of the ability of the US economy to rebound and recover much quicker than other foreign economies.
Get some.
BIG SHORT SQUEEZE this morning.
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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.
SPY/QQQ Plan Your Trade For 1-14 : Harami/Inside PatternToday's pattern suggests the markets will stay somewhat flat/sideways related to building a base.
Yesterday, 1-13, my broad cycle patterns suggested the markets would establish a "base" - leading to a "peak" on 1-18 and a major top on 1-20. Because of this, I believe the markets will attempt to melt upward into a peaking pattern (with the SPY possibly reach 595-598) before stalling out ahead of the Inauguration event.
Gold and Silver may follow this trend after stalling a bit today. Overall, I believe Gold & Silver will move upward attempting to hedge against global risk factors playing out over the next 30+ days.
Bitcoin rejected the breakdown move yesterday - setting up another attempt at a THIRD sideways FLAG formation in an EPP pattern. This is very unusual - but given what the markets have been doing over the past 30 days - it is what it is.
More than likely, we'll see Bitcoin rally a bit higher (near $100k), then stall again and attempt another breakdown event.
Yesterday's new low suggests a breakdown is likely.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
DJT DJT (Trump Media & Technology Group) is showing strong bullish momentum this week, breaking through key resistance levels around $36 with high volume and confirming a potential continuation toward the $45 target. The weekly chart highlights expanding Bollinger Bands and solid price action, while the hourly chart shows bullish EMA alignment and strong momentum, supported by elevated RSI levels. With buyers clearly in control, $45 is a realistic target for this week as the stock maintains its upward trajectory.
SPY/QQQ Plan Your Trade For 1-13-25 : Inside BreakawayToday's video highlights some of the deeper, more detailed research I do behind the scenes for all of you.
My SPY Cycle Patterns are just one part of what I attempt to develop to identify opportunities and to help guide all of you toward success.
And, trust me, creating and reviewing all of this data, creating all this content, and staying ahead of the markets is not an easy task. It takes insight, knowledge, and experience to be able to try to read these charts, plan for what the markets are likely to attempt to do in the future, and try to convey that information to you in a concise format.
You'll see my suggestion the markets will attempt to establish a new low early this week, then REJECT and move higher into the Inauguration.
I know it seems counter-intuitive to suggest the markets are breaking downward while telling you to expect a REJECTION and a brief move higher - but price moves in waves - not in a straight line.
Gold and Silver are pulling down as the initial selling pressure drives a bit of a panic in metals. This downward move should end with a strong rally where Gold attempts to move above $2800.
Bitcoin, on the other hand, is the hard asset I believe will see the bigger decline - possibly targeting the $72-74k level before the end of February.
I believe the Excess Phase Peak pattern is confirming the move down to consolidation right now, and that low (possibly near $72-74k) will act as temporary support before a much deeper low is set.
Remember, we are just getting started into 2025. so we have lots of time to try to manage and trade our accounts into profits.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
"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.