N0tSwift

N0tSwift

Sometimes a longer term view provides better perspective. Revised E-Wave view on Day Timeline Could bounce here at Fib .382, but RSI, MAC and Stoch all still point down and .618 fib is a common retrace = $128.05 bounce point If we start up at 128, I'll go long for a short term (<2 week) trade. Another possible scenario is the 137.97 mark is a double top and we...

N0tSwift

Apple is in an uptrend, but seems to have been loosing steam right near a double top pattern at $138 We look to be at the end of corrective wave patterns. Watching for Uptrend continuance or Top and Drop this coming week. If we break $138, it could be off to the race. No clear indicators. My bias is bearish right now. AAPL has been my canary in the coal mine...

N0tSwift Updated 

QCLN I want to believe. I really, really do. 56% return in 3 months. But RSI, MACD and stoch all say BEWARE Electric Vehicles, Fuel Cells and Hydrogen Oh My! *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*

N0tSwift Updated 

Pink Upper and lower ranges. Double Corrective Wave in progress (possibly), unless we break the top early tomorrow.

N0tSwift Updated 

There is so much hype, speculation, and ignorance in the market it scares me. We are approaching a parabolic curve growth, and way over extended from the 200MA on monthly charts. This looks a lot like a COVID/FED QE / 0% Interest High Debt Bubble waiting to pop. History teaches the stock market does a 33% correction on average every 8 years. We are 12 years...

N0tSwift Updated 

Trying to find footing in a crazy market. Long view, this looks like we may be on Wave B of a corrective action on SPX *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*

N0tSwift Updated 

It makes no sense given the economy, but the chart is saying we could be starting Wave 2 soon with a Huge wave 3 to come. I'd love to hear everyone else's thoughts. I can't get my mind around a ride up as the economy goes down. *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*

N0tSwift Updated 

Defensive plays aren't what they used to be. I tried Gold back on 9/2, but got out quickly as it fell with the market. There looks to be a 3 week delay between the market's panic and a settling down into a move out of equities into Gold. So fare, we're still bullish in the equity world, but Gold could have it's day again soon. A friend has me watching for the...

N0tSwift Updated 

I'm still long, but with tight stop losses. The spiking RSI and MACD rising to the moon have me watching carefully. We've gone nearly parabolic. SSG, the inverse fund is seeing huge increases in volume. Looks to me like smart money is betting on a crash. *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*

N0tSwift

A long term holding of mine that has done well, sold out on 9/3, bought in again, and again, and again....and it keeps going up. I see this triangle/continuation pattern (dotted black) pointing bullish, with a break out to $125, the 2008-2020 trend line (solid black) as possible. But I also see RSI spiking and MACD spiking. Considering adding to my...

N0tSwift Updated 

QCLN is an Electric Vehicle/Hydrogen ETF that has done well for me. It's on monthly cycles going up 25-30% then dipping about 7%. I'm looking for another dip this week to buy more. Note: I am looking for this to likely peak and a real correction early next year, but I think it will be a great short term investment. *NOT FINANCAL ADVICE - NOT A FINANCIAL ADVISOR*

N0tSwift Updated 

IWM has been moving up fast and is due for a minor correction. I'm expecting a 4% pullback to .236FIB if not further and then movement upward again (generally upward into January). I'll be watching glide paths for a match and if so looking to make a nice trade on SRTY this week. RSI over 70, Watching for MACD nearing crossover and ABC pattern to complete *NOT...

N0tSwift Updated 

On shorter timelines there is upside, I hope. Backing out until I could see a clear pattern, on the daily timeline looks like we're on the start of leg C down after a nice 5 Wave up A .236 retracement would have us bounce around $55.43 Sadly, I did my long term homework after the fact and missed the peak. Expecting to get SL'ed out and lose on a long UPRO...

N0tSwift

No matter how I look at Nasdaq, it looks to be at the top of an up wave and due for a correction. EWave/Trend says we should be about done with wave 5 and due for a correction. 2008-2020 trend up is already broken (to the upside). Spike in RSI and MACD cross also look bearish to me. Add in macro economic conditions and well, I want to see the bull, but I keep...

N0tSwift Updated 

Top trend line 2008-2020 Upward Trend - Black Bottom Support - Blue Bearish - MACD X and descent, RSI Spike and Descent, RED hourly downward candles. Bullish - 50/250 SMA cross, Currently above 9/3 downward trend line. My expectations are we continue down. *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*

N0tSwift Updated 

NIO in the Electric Vehicles with a China Spin has great potential to be bigger than Tesla, but the price looks to be way out over their skis. 11/17 is earnings, I looks like we're seeing "buy the rumor" and I'm expecting "sell the fact" come 11/18 I'll be watching for a reasonable entry then, and playing QCLN for the long run to win on EV no matter who...

N0tSwift Updated 

I see Qs in a downward trend with 3 week cycles that are getting narrower. Projecting out into 2021, I think Sept-Dec will show to be a bull flag, but we have some distance still down to travel before then. Bounce point 1 off black support line and up to green resistance will confirm trend. If be break bounce 1, a bounce off of point 2 still confirms general,...

N0tSwift Updated 

We're at the top of channel for our 9/3 downward channel, and C wave length at 1.618 could take us to the $107 range. But the elections broke us out of channel and with 4 green days in a row could be pointing up at $207 If we are up at 10:30am Monday I'm buying more. If we're down, I'll be waiting on a nice drop to buy more, and considering selling what I...