HeavyQuant

HeavyQuant Updated 

The VXX is ready to explode to the upside. The S&P 500 is quite overbought when looking at many indicators and sentiment warning signs. There is a clear Ending Diagonal (Bullish Wedge) on the VXX. The VXX goes up when volatility on the S&P 500 goes up. The VXX tracks the VIX. The last leg of the diagonal may be completed already and is poised to run...

HeavyQuant Updated 

Bearish Ending diagonal on the Dow Futures Chart Expecting a violent move to the downside, which have have begun today. Projection is approximately 25,000 on the Dow Futures.

HeavyQuant Updated 

$TSLA is displaying an extremely bearish price pattern. There is a possibility that Tesla will achieve a high of around $470 before dropping. This scenario would complete a diagonal pattern in a B-Wave. HOWEVER TESLA CAN DROP RIGHT NOW! Expect a drop into the $250 to $180 range.

HeavyQuant Updated 

PTON has had a spectacular run. From the Low in early September at $72, the price has nearly doubled! It appears that there is now a very high probability of a reversal, and PTON will retrace the move from March, 2020. We expect PTON to have a 32% to 38% correction, bringing the price below $100 and most likely into the $80 to $90 area. This could happen within...

HeavyQuant Updated 

SHOP HAS RALLIED ABOUT 270% SINCE THE MARCH, 2020 LOW. NOW SHOP IS NEARING COMPLETION OF A RISING-WEDGE TERMINAL PATTERN. ALSO KNOWN AS AN ENDING DIAGONAL. WE EXPECT SELLING PRESSURE IN SHOP TO BEGIN TO ROLL-OVER AND THEN ACCELERATE DOWNWARD, INITIALLY INTO THE $800 TO $850 RANGE.

HeavyQuant

SYMMETRY IS SHOWN FROM THE FEBRUARY, 2020 HIGH TO THE MARCH, 2020 LOW, WHICH IS PROJECTED FROM THE FEBRUARY, 202O HIGH TO SEPTEMBER, 2020 THIS TRANSLATES TO APPROXIMATELY $310 ON THE QQQ

HeavyQuant Updated 

Short AMD BUY INTC The trade can be done in stocks or with options.

HeavyQuant Updated 

The Nasdaq / S&P ratio appears to have made a clear 5 wave rally from about June 9th until July 13th, and has resulted in a sell-off over the last two sessions. It is possible that this is signalling a large and powerful sell signal in technology, which has led the rally since March, 2020. This can be traded a few different ways, using options, ETFs, or futures....

HeavyQuant Updated 

1633 target was reached on Monday June 13, 2020 when TSLA hit an all time high of about 1795. By the next morning on July 14th, 2020, TSLA traded down to about $1431. For a decline of about 20% since the peak (Yesterday). It appears as though TSLA has completed a "Blow-Off-Top," and the anticipated change of direction in trend is most likely underway. A 60%...

HeavyQuant Updated 

TSLA - Expecting consolidation-downward price action before hitting the Upper Target on the Daily Chart to around $1627. After this, expect a massive sell off, which could wipe 60% of the valuation within weeks or months.