Top should be soon, but looks like ending diag forming
Spy looks like it wants higher, but wave 3 top should be soon with significant downside
IWM running Triangle, looks like we are finishing D
DKNG's had a huge week last week and we are well on our way to the ~70 PT for our wave 3 top
Huge move end of day Friday. Expect the 190 range to be tested again soon
Next stop appears to be 120 if bottom was found. Wave 5 PT of over 130 in coming months
I think we see volatility and we drop over next couple days, could even go back to test lower TL if Jpow says anything that is unliked tomorrow. With that being said if we extend into wave 5 of primary 3 up here we could see an ending diag that takes us up to around 460 before topping. Time will tell, but I think I am favoring this scenario right now
Etsy finally broke out to the upside. ATH's could be coming in intermediate term
Roblox looking to breakout, some wave theory PT's that could be seen if successful
Need to hold July low, if that breaks this count is invalid. Near weekly uptrend support, should see 3 waves to the upside. MACD starting to curl
A look at the macro level of ROKU and where it could be going in the Intermediate term
Roku - wave theory - next impulse to 390 - Looks to be bottoming and I think the next impulse will take ROKU to 390. Could be this week
PLTR had great earnings. Struggling to break above volume shelf. Once it does it will be off to the races. 30+ next up. Darkpools showed a lot of interest late last week, hopefully thats a good sign of things to come!
Chwy stock is channel bound right now. Likely will see more downside, but appears to be a BTD as we head to channel uptrend support. If earnings are good we could see channel break out and send this thing to 113 range
DKNG stock looks ripe for a ripper, target mid to upper 60's on this wave 3
IWM trendline defended Friday but break is coming, wave 4 bottom found somewhere around 200 or slightly beneath
IWM Bull wave count 8-21-21 - Bulls defended trendline, golden dip buy opportunity. Heading to ATH's
Bear count of QQQ - wave 3 top is in. In complex correction wxy taking us to mid 350 as PT for wave 4 bottom