euphoricMeerka49790

euphoricMeerka49790 Updated 

AAPL continuing to move the market lower. However it shouldn't move much lower than 170 over the next 30 days based on options data as of this post.

euphoricMeerka49790 Updated 

Current trend and following the Gann Fan, the stock is continuing a longer trend lower. Options data are showing a massive $85 magnet for this week and eventually it shifts to $80 in October. There is room for a rally end of September, but not long term.

euphoricMeerka49790 Updated 

TLT has seen nothing but red for months - that won't end as it continues to fall and should hit 90 in the next month. This could trigger a credit event or perhaps the data starts coming around that shows the Fed's October meeting will be dovish and slowly return the price toward 98-100 by February.

euphoricMeerka49790 Updated 

The AMEX:KRE has performed remarkably well since the lows in May. But mounting issues with rates and the Fed not showing signs of dropping rates will continue to prove the index needs to go lower. Options data suggests strong Put pressure into the end of the month at $42 where lower strike prices open by Oct expiration at $40 with strong open interest. If rates...

euphoricMeerka49790

There's actually a handle-cup formation going back to last year. The gann fans show the path the price action is following - and that's up. Likely another push to $100 in the coming weeks.

euphoricMeerka49790

Fib Circles and Gann Fan showing resistance and pressure downward for the next two months before a new opportunity to breakout will occur into the end of the year before meeting new resistance.

euphoricMeerka49790

Breaking out of the main circle of the long trend from the 2020 bottoms to the top of 2021 has initially been met with resistance and that could continue in September and October before gearing up in December into 2024 to meet the outer circle and break through to new highs in 2024.

euphoricMeerka49790

NYSE:LDI hammered during the rise in rates, the turning point is coming in 2024.

euphoricMeerka49790

Long-term Fibonacci trend lines are about to serve as support for NYSE:K , likely to see a bounce here.

euphoricMeerka49790

VIX volatility has been bottoming out over the past week, hitting a 15 handle last week. It's possible we may see that again this week. But the stars have aligned here using this Gann fan to pinpoint where we'll hit through the 2/1 line on the fan likely hitting as high as $22 sometime before the end of the month as the Debt Ceiling debate heats up, banking crisis...

euphoricMeerka49790

Using this linear regression, we are currently at the top of the 2nd standard deviation in the trend since the start of the bear market in January 2020. Bulls could definitely see this as a point in which tech could begin the new bull market. However, with the massive concentration of VIX call buying for June, the debt ceiling, and continued banking crisis - the...