Lookin like it'll at least test up around there before a larger pullback. Let's see!
Testing out another one of my models here. I'll be timing my entries/esit along with RSI S/R holds and breaks. We could have a bounce here but needs to hold a bit longer, if it breaks under I'll sell some and look to pick up cheaper. Best guess is we're going down to retest bottom orange before a bigger spike up but may test and fail top orange first in near term.
Well there you go, our trading range comes down to this thin little strip of Hyperspace turf known as the 5Y Peak Channel. The 5Y growth channel angles above the 11Y and 18Y and 38Y growth trends just as the 1Y (newly added and yet to be revealed!) angles above it. Price has yet to escape this channel in the past 5Y, this channel captures all peak between then...
Putting aside the fact that TSLA is more valuable of a company than any in cannabis, it seems investors are piling in in similar fashion to last year's cannabis run up. If you're just buying and holding long, TSLA is certainly one of the best single stocks you can own and will repay you many times over but current price is ripe for a retrace. RSI also in an...
I'm not trading crypto but have some of the retirement socked away there, figured it'd be fun to map it out for you guys and start dipping my toes in trading here. After last BTC spike the question is will it fractal its first run and go to $100k or merely behave like some of these FOMO stocks and stay within the realm of reality from here on out. For now, we'll...
Man, if you loaded up in my magenta Value Channel you're crushin it right now. I scaled up my channels to match these new highs. Here's the updated Treasure Map... ENJOY! B) OG Winner Winner Chicken Dinner Treasure Map:
I was caught up way too deep in my SPX/Volatility modeling and need a refresh! That we won't see the fruits of until next month. ACB FOMO spikes are what popped my bubble haha. Cannabis is way more interesting than volatility because it is at a 95%+ discount right now will be worth 10-50x within five years and shit just had a massive 4x swing in a few days,...
Lets see how long I can step away from this thing! Go enjoy some time with the fam as well guys. Currently we got a FW breakout back into the broader RW structure.
Here's what to watch for the rest of this week... best seats in the house! B)
Gapup overnight recovered the RW fail to the top of the structure and continued the FW breakout. This meltup created another smaller RW that has now failed. Plus we may be in the midst of yet another 5Y Peak Channel rejection. Maintaining Price in this zone ain't no cake walk people. 3680 still max peak here and that has been validated now by a range of different TA.
Well that OG Falling Wedge played out nicely B). I've updated it here to line up this most recent spike. We're at the bottom of the main 2Y upchannel containing the bulk of the Price Action (yellow) so could very easily bounce back up from here. Currently we still seem to be within the FW structure heading toward the tip for a bigger breakout. We could breakout...
Looks like we got a failed FW breakout that morphed into a RW breakdown. If that's the case, then this structure is lookin pretty bearish going into the rest of this week.
Continuing my quest for the Holy Grail of volatility and market correlational data. Another ratio chart to add to the collection!
... sometimes you gotta deduce for yourself! B)
Thanks to the random hater who reminded me of this fun old chart B). It may have been a tad aggressive but the general theme seems right... maybe just a bit ahead of it's time! Haters gon hate, they just can't help themselves. Here's the full perspective:
Could entirely be coincidence here or overfitting but may as well take it to the logical extreme here and try to nail a sick ass call B). Here's what UVXY lookin like... $12.50 predicted S/R holding pretty damn well here... Stocks over 50 day average in process of turning the corner here...
Just expanding on my crazy Nautilus Fractal idea B).