Many indicators on a daily pointing to $480 with some possible overshoot, so I think that where we'll land by end of 2023 1. Bullish pennant is most prominent (orange line) 2. Cup and handle (yellow line) ideally I would like the handle to go lower to 420 area. This may still play out earther once we reach double top or earlier. 3. Elliot waves with ABC...
Patience with this one is the key. Extreme Greed is quite persistent, and its where I am slowly getting in This shoots way to fast to trade it, also market is very tricky lately, so I prefer swing on this one. Good luck
SPX is clearly making H&S 4450 area would be the top of the right shoulder 4200 area would mark the bottom.
Looks like SPY will re-test 417 before going higher. $423 is likely the target, from there it will bounce and then may go and test 417. Ill aim 423 for now and see what happens.
Looks like possible bounce to previous support , which is at 411, then fall to 395. Good luck!
Looks to me like BTC will test 25k in the next 10 days. There is 50 and 100 on daily where it should bounce. If it bounces on the 50, it will make H&S and likely go down to 100 After 25k, quick bounce on high volume to 30k, perhaps higher. I am still bullish on bitcoin, opportunity for some is ahead Good luck!
Todays earning were good and chart made clear inverse H&S Looking at 46 as potential target
After strong move of 1-5 Elliot waves, SPY looks to be correcting. Possible level 407 followed by bounce to support flipped resistance line and further fall to around 400. Lets see how this play out.
Since BTC formed bull flag on 4h its consolidating in a tight pattern. I expect another drop to 26k area before it will climb higher
Litlle tired here, aren't you ? Consolidating on low volume for a long time. Time to grow uo!
I expected this move tomorrow, but hey, market seams to price in good news and landed in my target box (399) 400 on US500 Although I expect the rug to be pulled, I am looking at two option: Bullish Break of 400 will take us to 405, then back test to 400 and up to 405, 416, 426 Bearish: 390, 382, 379, 366 SPY bear volume is still very high, the move today was...
BTC is seating in megaphone pattern, where it still has potential to reach 30k Its consolidation time , but the upside is very possible. Look for the bottom at 26k Good luck
Looks like its going to break the resistance at 8.90 if so, I expect short squeezy to first target at 15.23 Next 18, 33 that all depends on BTC obviously Good luck
Looks like after bull run in clear Elliot waves is entering abc correction. We could see a bounce today from morning lows and then another push down. Good luck
I believe we are going to be green for a few days, sucker rally if you like, then most likly we are going to go down to 2 or lower. For past few years the bottom is on descending trend so I would be surprised to see new lows at around 1.40 good luck
Nothing feels right to me. BTC, NATGAS, Yields, DXY I had the same weird feeling back in 2020. So tomorrow we may continue this grind to 387 ish, then during FEDs announcement (March 22) SPY may do a fake out to the upside, reach 399 and fall hard on Thursday. Looking at the VIX, its still in bull flag formation and it behaves correctly, no drama, just slow...
in my opinion 389 is the top today, then back to 380 While everyone is bullish, I think its the repeat of 2008 Tanking banking is not looking good. JP may get it up to 400 if rates are at 0
I think we are in pending crush, with the banks signaling the trouble. Is this enough for the major sale off? For time being SPY looks like it is bouncing. Target is 397-399, then down most likely. VIX is finally alive and it will be good opportunity to enter one, once we reach 399 on SPY Good luck