frodo75

frodo75 Updated 

This is weekly SPY chart with Stochastics indicator in the bottom half. Since April 2020, the tape and the stochastics have been supported by the drawn trend line. If this trendline breaks this time around, the bull market is over. Since the time is now, it is critical to watch this line over the coming week and the next. We are in severely oversold category and...

frodo75

post of a scary bird. Please like if you like!

frodo75

We back-tested a very important line in the sand today and held. Next target 425. Caveat Emptor.

frodo75

Measured move target.

frodo75

Expecting an inside day on Tuesday. A consolidation day to allow the bears to jump into the fire. Can't jump high enough without bear fat. Volume was pretty low today. Expecting slightly lower volume tomorrow with sharp rise on Wednesday as buying begins. Alternatively, we continue on the bullish beat right away. That will not sustain it is missing shorts as...

frodo75

If so, trend based fib offers a possible target.

frodo75 Updated 

First 420, then drop to 410. Then, who knows!

frodo75

I am expecting the stock to continue its downward spiral till it reaches the mark.

frodo75

Weed stocks have been selling for a while now. We are almost done with selling per chart. Normally, buying and price picks up here. It will not be a rocket ride up as price will consolidate. However, this is a good place to start accumulating a position. Caveat Emptor.

frodo75

the chart has the numbers

frodo75

Market has to chop over next few months as economy tries to get going with re-openings, etc. Market will make the next move then. Only those that can play the choppy swings will make money.

frodo75

Then the charts shows a price target of 3811.

frodo75

That is what the chart says. Let's see if we get there.

frodo75

Vert close to returning to newer heights. start nibbling into long positions here. look for a price lower than (Y) to long. full long position above (d)

frodo75 Updated 

March 31st. Be there or be square.

frodo75 Updated 

ES 3988 is about 4K. We likely touch it on April 1st and then pullback big.

frodo75

Wave 2 was small in time and very shallow. Wave 4 shall be deep and last for long time. Could be a year or more. Also, plenty of room on the downside. Wave 3 = 1.618 of Wave 1 at 4040.

frodo75 Updated 

I can't read the future so I can't tell you.