Rate cuts in the US have never been bullish for equity markets in macro cycles. The idea that rates coming down from 5% to 4% suddenly making people more creditworthy is a farce because rates never move in anything other than large timeframe tides. These tides reflect growth/inflation expectations, not borrowing costs. Were Jerome Powell to suddenly become very...
Consolidation for months between 91k and 106k - Classic Wyckoff setup as an accumulation/distribution - Price targets of: 121.878 (122k is the popular target) to the upside with 75,827 on the down - Saylor today put out news to be raising another $2 billion to buy BTC. Either he is going to be able to hold the floor or get washed out - Trade can be taken with...
Dow Futures daily forming a downwards channel with price targets potentially down to 34k and 31k. These drops would be about 20-40% which is considered a true market crash. The falling wedge pattern plays out until potentially June of 2027, but wedges from the top of the range are dangerous as they can turn into bull traps. - Economic fundamentals have been...
W pattern forming at resistance with a 15 point range (from 107 down to 92) - Breakout of pattern takes BTC right to 122 which is the old weekly cup and handle pattern price target - Trump inauguration and "crypto ball" coming with a possible announcement of bitcoin strategic reserve - Also possible sovereign wealth fund
BTC / USD bull flag and cup and handle patterns on the weekly timeframe. Has upside price targets of FWB:98K and $122k respectfully.
XRP / USD Falling Wedge to retake highs at 2.91+ If a break above occurs, previous ATH test possible above $3.00
Needs a daily close above $2.65 and can easily fill the first small gap into the low $3s and potentially make a bigger move up into the high EUROTLX:4S
Neutral consolidation for a week heading into major economic data. Any sort of risk-on response from the overall market could lead to significant upside. However a breakdown could flush out a lot of bulls in quick fashion. Upwards price targets of: 151, 158, 163, and 184+ Downwards price targets: 134, 110, 104
Wedge breakout has potential to fill the daily gap into the $9 range
A long consolidation period is concluding for a major breakout to (and above) $8 LEAPS, ATM Calls, or equity would suffice. Big rotation opportunity
Ascending Triangle breakout will lead to further breakouts into ATHs with price targets of: - 2337 - 2615 (ATH) - +++ SL would be a breakdown of the triangle and rejection to reenter the pattern, although bullish structure could remain in place
Bounced off the .382 fib retracement with only ATH remaining. Lots of bullish momentum and TA has been smooth as well. Possible S&P 500 inclusion in September could also be driving price action from "smart money." Flow into calls has been increasing with a few big orders above ATH have been spotted
After a catalyst with NYSE:VZ FBYR looks ready to run higher towards 40 - $35.93 is key area to hold for immediate push upwards - May move with or without other telecoms
AAPL Ascending Triangle Hourly/Daily Setup Price Targets are: - Break above 233 - 246 - 260 - Beyond
- Falling wedge with fib extensions up to price targets of 2697 and 2730 - SL would be breakdown of wedge and failure to reestablish
Structure is very large and still has quite a bit of downside room/risk. Would expect a bounce around 0.7 in October. Breakout with a bull market in crypto could lead to new ATHs, or at least a test to 3.85
In a very long falling consolidation with upside price targets of: 95, 97, 99 once the wedge breaks out. May require a fed easing policy to help out China.
GRPN Daily Bullflag setup with upwards price targets of 15.50, 15.75, and 17.00 SL on breakdown of the bullflag