One more chance to accumulate long positions before we blast off on NQ. I believe we are still in a large buy program. One last shift to end the year and into Q1 before we have a troubling 2024.
Diamond break, prone to fake outs this is how I would look for this diamond to play out
Healthy pullback on AMD, bullish above 101.85. PT's are in blue; keep in mind this is on the Daily timeframe
Can possibly see this play out over the course of the next few weeks, doesn't need to follow this exactly but ideally this is how I'd like things to play out but we all know the market will do what it wants. All we can do it wait and watch :)
Diamond Top reversal pattern, should be interesting to see how this plays out. Regardless of the direction the break should be massive.
SPY has been melting up to new ATH's it seem every couple days. I don't expect a drop until this fed money train stops but this is something that I will BEAR in mind.
amd looks bullish here ready to start wave 5, nvda also looks bullish and ready to rip
Watching for a break out of the orange zone, Bullish price targets in green, bearish price targets in red.