TSLA playing out a potential expanding flat correction. Likely completed today off of 1.618 extension. Trend likely to resume higher
Expanding triangle potentially playing out. Elliot Wave levels hit and held even with eod selloff. Seems like huge bear trap. Not many out there are bullish which adds to confidence in this playing out.
Colored zones show ranges in $ of BTC's Market Cap since 2017 Lows and highs marked; Dotted vertical lines to give aprox dates Trend lines all starting from 2017 Low Price deviations shown as dashed arcs Will be watching to see if BTC can maintain a $500B MC moving forward in 2023
Chart Setup SPY Daily OBV Timeframe 1Day 1. Since the Covid lows we see Price and OBV make higher highs and higher lows. The trendlines show that while price held strength, OBV began to taper, likely being an early sign for momentum reversal on a macro level. Also notable is while OBV peaked on Nov 21, 2021, Price continued to increase and make higher highs into...
Price has broken out from our longer term downtrend. Interesting to see OBV diverge from price in this way. Expecting OBV to break up if price continues, but a rejection can make for some volatile moves.
Expecting to finish off 5 waves down completing "a". A correcting B wave is expected to the upside before resuming lower towards 2022 lows.
Smaller timeframe setup right now indicates a move to 4105.86. Reevaluating on price action from there.
Expecting SPX to top in this range. With FOMC and Powell speaking tomorrow I see it likely volatility gives us a range and these a re my levels I'm watching for rejections, closes etc..
WEBR is showing patterns of accumulation with high short interest. I think this is over 13$ in the future
Same fractal circled, likely to play out similar Retest long
Im Short RIVN with this setup. Targeting 29 then 26
we will see highs soon Elliot wave flat which one? we shall see highs incoming
WEBR still one of the most shorted stocks. Clear Triple bottom setup. MEMEs running. Possible Squeeze? Probably
Im thinking these levels work best for my opinion on the market into this week
SPY targets based on what we've seen the past couple weeks. I think 420 area is good for a reversal but we could rip higher, depending on market sentiment
I think cpi prints lower than expectations and sends us higher. Not because inflation has peaked, but because the market will assume it has and goes full bull mode. Crypto giving me the same feeling. This is just a feeling and I'd love to be wrong and short the shit out of SPY to yearly lows.
PG was green today while the market and most stocks sat red. Shelf could act as good bounce zone. I'd like to see 140 hold if there is short term downside.
CPI print next week. Personally I'm short but i am prepared for a gap up Monday. Curious what others think? I see possible head and shoulders, price climbing on lower volume and Bearish Flow dated 40+ days out. Lets chat.