omar.banuelos

omar.banuelos

Update of prior post to identify as ascending HaS and re-test of neckline failure . Bonus: synapsetrading.com

omar.banuelos

Classic head and shoulders pattern. Expecting ~20% drop, coinciding with broader economy and stock market "waterfall" downturn. images.app.goo.gl

02:32

omar.banuelos Updated 

Synchronized movement in the S&P500 from 2008 and 2022 to predict coming stock market recession.

omar.banuelos

what way will it break. Support off of the golden ratio fibonacci.

omar.banuelos

...has left the station.

omar.banuelos

...and light up the cigar. It's been a good run. Don't get caught holding the bag.

omar.banuelos

3,2,1

omar.banuelos

Time for liftoff

omar.banuelos

NASDAQ:PSTV

omar.banuelos

Failed to rally at the 61.8 fib level. Next stop $9.95 ?

omar.banuelos

Looks like TWTR is trying to hold at a 78.6 fib level from the April low, 50% level from the long term base, the trendline and it's 200EMA. Anyone have thoughts on whether this is the A leg of an Elliot corrective wave? comment below. Stay tuned for entry...

omar.banuelos Updated 

Looking at the chart FB has dropped 20% and currently sitting at the 61.8% fib level from the low in April. It's held here for the past two days but other indicators show this may not be the bottom to this drop (e.g. MACD crossed 0 with lots of divergence on the daily interval and we've broken below the 200EMA). I would expect a further drop and test of the 78.6%...

omar.banuelos

Test coming up for bottom of channel.

omar.banuelos Updated 

Let's see if it can break thru those fib levels and the red downtrend...