Just marking some key areas for a return to key resistances, One never knows how a chart will end up, but this is a consideration of bullish 12 12 path that I could see.
Pull from any major pivot and you get the same thing, golden zone. Does its really get much better? Plenty of other add ons too. Accumulate.
Breakouts are coming, parabolic phase across the markets seem well setup as we are in a disbelief period. Get ready to fight inflation.
Seems plausible for growth in general, this puts a market top around March next year. Crazy things seem to happen in March so who knows. Every dip kinda just makes sense to buy though. I mean duh.
I believe we will be testing all time highs on TAN here as the solar industry continues to consume energy market cap and we accelerate into exponential growth in solar. Stay smart out there.
So many growth stocks look similar in that we see large flat 3 wave corrective action that appears complete to me. This could be the blow off beginning. Typical for 12 months from tightening to top. Maybe its faster this time we shall see.
Really like this cron count, it helps me check off another in the list of bull on the cannabis side. I think we have a good year in MJ coming.
Lots of amazing looking growth setups out there, I know how bearish everything seems currently, but the charts dont care. The setup is there and we will see how it plays out.
Sometimes things really do look text book and its honestly so amazing to see it happen over and over, looking for longs
Thinking out loud trying to make sense of it all.. Still thinking we have another push up to come before the market makes a larger top. The move could certainly blow off more but I think 5400 range is conservative if we do have a 5th to come. Growth sector is the most beat up and the value rotation doesn't make sense as they are over represented by businesses that...
Corrections were warranted across the crypto stocks, but in my opinion we are still just getting started.
Pretty had to find a more beautiful chart. Looking for the break of the falling wedge for confirmation.
Dollar is approaching the .5 retrace from the Covid high, quite a bit of confluence from the channel and pitchfork as well as previous congestion in this area. When the dollar pulls back it sets up the next big move in metals/crypto/stocks. Keeping a close eye on this level.
MSOS bullish reversal candle on the weekly with big volume which is rising over all, divergence on the RSI, broken trend line. Looking for $100 by late spring potential.
On the back of the crypto run I think the miner stocks have some good plays as well, especially those with options.
Seems plausible that we are closing in on a 2 year top in markets, corrections are needed and we have been on a very long bull run, debt cycle is nearing its end, inflation spiking, monetary policy is shifting, and technology/AI/crypto are ushering in the new era. How bumpy the adjustment is, is anyones guess. Volatility though is a good bet.
Seems like a plausible contender to me, it gives credence to the idea that the ETF will provide another leg up to the move post January with the new entrants, seems like we are repeating 2017 or close to in terms of the typical last quarter and part of 1st quarter bull move.
If we have a low in for the dollar, at least temporarily, we could have a leading diagonal off the low. Should be interesting to see how it plays out over the next couple months. We know there will be lots more printing, and its hard to see how the dollar milkshake theory can play out, but the moment we see the dxy rising while BTC and Gold/Commodities are rising...