Fell into the support created by consolidation last week. Filled gap down. One more leg up to around 300 before the next serious leg down. Bullish divergence, stochastic is characteristic of a squeeze. I’ll take the risk and long Jul 1 385 calls. Let’s go.
SPX500 is ready to make its final move up in this corrective wave off the low earlier this month. Gartley forming within symmetrical triangle. Bounce zone going into open is 3900 and the triangle support trendline will act as resistance near term. Target is 3950 by tonight, after that will need to show support a higher low and if that holds it will likely...
Based on the previous fib and the trendline support of in the CMF, can expect a bounce here at 1162 (0.5 fib) to complete wave 4 of the developing diagonal (count not labeled but this is likely corrective B of bigger downtrend). If bounces at 1160s I’d expect 1 more leg up to complete 5 of diagonal at 3400s (1.272). Same as 3 extended from 1. After 1340s will...
Obvi && typical *foot of god pattern* unfolding. Looks like he’s punting some pink pingballs balls, Will he shank the punt? Stay tuned. This idea is NOT endorsed by Nike even though it looks like the actual original Jordan’s #23 #Bulls #volatilitySQUEEZE #NOASS (combo of Nikes and MOASS but it backfired and sounds like I’m describing your gf)
This is the beginning of a short squeeze. Can tell by stochastic and DMI. Let’s roll. Next stop high 380s.
I think we’re in the final corrective wave before bottom. Pop near term but only to get rejected from resistance. A squeeze or rally correlation with crypto likely the only reason that resistance would be broken... but ultimately we should see 1-2 more lows
At smaller time frame I’m observing an expanded flat with B 1.618 extension of A, and C 1.618 retracement of B. This increases probability of seeing follow through off the bigger picture spring in the accumulation phase going into an expected sign of strength. My last idea, linked, goes into more detail about that but in summary here are my near-term...
Obvious and typical *Drunk Spider Web* pattern unfolding. DMI indicates we just saw the spring of a wyckoff accumulation phase - still needs to complete sign of strength and backup/retest before markup. Within this zone can also see a triangle that broke out, then retested support. However, ROKU has quite a web of resistance - could swing long near term calls...
Based on DMI and obv divergence on the 30min-1 hour time frame, this is a good setup to make a run back to upper 20k/lower 30k region. Detecting equilibrium point 3-way intersection occurring around 6:30AM on Tuesday June 21st. The way I see it BTC started trading bullish after the 17k got bought up and it’s looking like that was the spring of a very local...
Here’s an idea... introduce a weird currency as a solution to a crises, introduce a triple leveraged etf... run em both to the sky for 13 years in correlation with the market such that the triple leveraged ETF warrants a stock split. Then slaughter said ETF such that if goes much lower it runs the risk of 0. Sleep well at night knowing 0 is impossible because the...
I think I see the plot here, idk just an idea based on Newton’s LOLZ: The black dotted line around 140 is the “normal price” - just need a name to reference for the rest, calling it normal because Gaussian sounds lame. Yellow dotted lines are +-1 s.d., orange 2, red 3. GME needs to gradually walk the normal price higher to be able to trade at that level for a...
Spy waves are more obvious in the futures....If so next move could be explosive upside to 393. Definite squeeze potential here
Went parabolic end of last year, broke down from that and has yet to complete full downside move. Expecting 490s by early July.
Posted a recent idea on BTC nearing the final part of accumulation phase, mentioned the smaller time frames a good indicator of what’s to come on the daily time frame. What’s in the way of 75k? 50k.. what’s in the way of 50k? 41 and 47k. Looks like they’re about to take out that 41k in style. Will be great if they do it before the market open tomorrow because...
We are in a larger wave 4 and within nearing the minor wave C. If bears think this minute diagonal coming off the minor wave 5 is anything other than indication that corrective phase is nearing an end, below is why I highly doubt it and at this time see risk/reward highly favoring a run to new highs to complete larger cycle wave 5: Within the black trend lines is...
Accumulation. About to JAC Can see same pattern at 1 minute interval if you look now it will give you a indication of what to expect in coming weeks at daily level. Very similar end to phase D back in mid 2021 before it ran big. Key levels near term are 37700 support, resistance at around 41k (will break easily I think). Then to 47k, 50k and will need to retest...
Get ready for markup once we jump this creek. No shoes. Crawldad. Fishin for bears. Typical Wyckoff accumulation. Not financial advice, go long.
... Gyarados. Target 550 I have to type more than the above to publish this....