The following is a few examples of why things aren't looking good for the SPX and why it could be on its way to lower levels... First the looking back of back testing this 1877 line. further... further... further... furthering...(White line removed and replaced with Grey...so not confuse on next picture) still furthering...(Top White line is not...
That green arrow was the last time I posted...seems the lines are doing quite well
The Lines are Fib Channels that are from the 70's, so you know they are good, and the volume is from the timespan of ~2009 to present...Check the darker colorations compared to the fib channels to see volume agree or lacking in certain channels
Interesting CRYPTOCAP:BTC channel dissection for future trades if you decide.... How they are found is one thing...how well they show support/resistance is more important.
1877 to 1932 bottoms connected fib channel... interesting levels for retraces.
Simple channel with internal lines based on prime numbers and fib numbers...see the correlation and support/resistance thresholds :)
Same as the last post/idea I did but now its based on extended hours...Lines shift a bit and new trades become more clear. So, be careful cause if you suddenly hear a roaring meow come up...be ready to dodge, dip, duck, and get the .... out..
Just a little rainbow magic on the screen...more so to prove points of big candles following big gaps...
Microsoft has some interesting Fib Channel levels going back to the 90s...Those pure vertical trends turned into flatness in the 2020's..shows you how parabolic it went
Microsoft has some interesting Fib Channel levels going back to the 90s...Those pure vertical trends turned into flatness in the 2020's..shows you how parabolic it went Next post is todays action...notice line angles between 90s and now.
With the whole chart showing overly bought metrics, each leg higher has people who got burned higher above...so watch selling pressures
Only spent 5 min on this...but here is the level breakdown of todays move when seen on a more large scale of Fib Channels
Only spent 5 min on this...but here is the level breakdown of todays move and ones ahead... NYSE:NVO , try to reduce bone density loss and 1.5x weight regain next time---or don't produce something that involves the patient just refraining from sugar...That too. long term trendline for price action in next post
That Blue line is very powerful seeing how it wants to keep revisiting it. The new top line for max current dip-buying is through the grey line that has held pretty tight... Again..lots of air gap where it is now, not too many bids there..
Left is with Log enabled and the right is Without Log.... due diligence and realize sometimes levels are just doodles..
More charts of momentum of the old X (twitter-verse)...due to limited ideas sharing here... But analysis on just the monthly timeframe is shown...have more on NVIDIA too on X Not redirecting traffic, just limited here to share. Trade or short according to your Doc's recommendations of stress controllability.
Sure you can have a squeeze or euphoria...but didn't like 7 Billion in Charging stations that are said to be a few hundred in all the 48 continuous combined... There are like 100 TA and Love's on Interstate 80 Alone AP running damage control...who cares, just look at that number...~200 divided by 48, gives you like 5 per state....yeah, autonomous screams success...
Being as extensive of a CyQo-Cpyder-Nest asI can craft, with trendlines going from 2016 to present,well 3 days ago, You can see something funny going on. Not constructed to look like that, just a compiling of data and then presentation. Explains the drop yesterday really well...but looks like any easy side up will be a terrible way down...