Hello Traders, Here is the possible paths I think BTC will take. I'm leaning towards where the white line goes. A nice run up till April starting with Trump on January 20th. Then I see a pullback before another run up in the summer. There is also a bear case which I show but the way BTC is holding above support I don't believe that to be the likely path. I used...
Hello Traders, WTH am I talking about? Well I have been pro crypto and stocks but some things Im seeing are worrying me. Anyhow Im not gonna describe how I figured what I think Im just gonna give you how I think it could be playing out. This is exactly like the 2021 last peak right before it catered. The time between last peak and catering comes out to be...
Hello Traders, Using Fibs and trend channel I predict NAS will hit around 23K by the end of January. I also expect this to be a local top. Let's see what happens.. Stay tuned.
On the SPXL I can see using TA plus fibs that it looks like another leg up is coming. Usually things don't top at the 1.4 fib but continue to the 1.618 fib. Doomers are out in full force which happens at every local bottom. Yes we are getting up here but doesn't mean we can't go higher yet and looking at my TA in addition to other stocks they all look bottomed out...
Apple broke out to ATH... It has recently pulled back with the broader market. It tapped the 1.272 fib. I believe this could be the bottom or worst case it heads down closer to its ATH breakout point at the 1.618 fib around 237. I'm leaning more towards Apple and the broader market heads up from here... See what happens.
Hello Traders. Looking at Tesla you can see many things that show Tesla is positioned to launch from here. 1.Previous times on the 2Hr since November when the 20/50 EMA crossed(DeathCross) Tesla went up shortly thereafter. It just crossed again. 2. Tesla recently broke out from ATH... but in the last few days came back down in a much needed cooling off and...
Hello Traders, This is for my own information so take this with grain of salt. The north node date is end of January 2025 which could indicate Stock Market top. If like the 2021 top the BTC cycle ended 44 days before that North Node. North node is based on astrology and can indicate tops or important periods of time near that time. Anyways... lets see what happens
Hello Traders... Been awhile.. Figured time for an idea.. I see us hitting around 620 EOY... For now we might get a little dip this week before we head up there the last two weeks of the year. I see something happening around February 1 then something again around March/April. I have a feeling SPY/SPX wants to tag 666/6666 since 2008 bottom was 666 .. Will we...
Hi ya traders, Everything sure looks bull huh? Bet you even heard some strong bears switching to the bull side recently. 600 is in the bag they say! That's usually a warning sign :) Anyways using fibs, trendlines, and patterns I show why I believe the Top could be in on the SPX. First the last three waves using fibs the 1.618's end right where we are now....
Hello traders. Today using simple trendlines and fibs I show why I believe we are gonna dip from here. We could still make it to 600 but we need to dip now from the top of a rising wedge trendline thats from August. Also the little dip in Oct has us reaching the 1.618 fib up from that which is a classic reversal point. Ok the question now is how big of a...
Hi Traders! Well here we are.. ATH... tomorrow is the 2007 ATH top anniversary 10-11-07. My idea is we get a pullback here to the .5 fib or double bottom around mid month. People will think we are crashing due to it pulling back on the same date.... Except I see us bouncing on a double bottom and off to the races.. Back to ATH around the election then we will keep...
Hello traders, I think with the ratecut we could be entering a bullish period at least till early October. I could see spy hitting 600 or at least 580. I still think it will go even higher than that after an early October pullback... and rally into/after the election. Will ratecuts due to inflation coming down and the economy seeming to be doing OK... at this...
Hi Traders, Man this market has been crazy... I haven't had a good track record lately but always remember I do this for fun... and we are human and can't get them all right. I try many different things so anyone who says oh thats stupid or you got it wrong..sure... but many I did get right as well. Well this newest one is my down targets if employment data...
Hello Traders. Well if you look at this chart I think its pretty obvious what is about to happen.. If not I think you might want to study some TA a little more. I show an obvious repeat pattern from 2021. So many things are similar (remember history often rhymes) which I show using Moving Averages... Plus I include multiple TA and Timeframe info that confirms...
Hi Traders! No not forever... Just for this retrace wave up... Showing different wave Fibs levels I show how they are all converging here as reversal signals. In other words according to them (and I confirmed with other TA) the down isn't finished yet in the markets. I see us at least forming a double bottom which would make for a more solid bottom to go back up...
Hello Traders.... Well here is my idea for BTC... I think we are gonna drop one more time...maybe 43K area... I show this fits using Elliot Wave in addition that is on a trendline support around that area... This also looks like 2021 when BTC peaked...came down... I show in yellow boxes..the bottom... before it does another peak higher than the first..but not alot...
This coming week will be big. I see us hitting my Target 2 (5400) maybe Monday or Tuesday. we have PPI on Tuesday and Inflation on Wednesday which should send us onto target 3. Will it be ATH or as I'm leaning towards go down near the April low around 5000 where the 200DMA is sitting. I think it wants to tag the 200DMA before moving higher... Bad inflation this...
Hello Traders, I am posting this Weekly Elliot Wave guide on the SPX to show what levels to watch for potential targets. Lets see how well this works into the future :)