"Safe Supply" or "Company"), the first company investing in and incubating companies at the forefront of the third wave of drug policy reform. It is currently placed where the mushroom companies were and the weed companies before them. Looks worth a bet long to me
NQ should find support at 14450 which should provide a relief bounce to 15190.
NQ has retraced 61.8% of the whole decline. In addition it is building out a head and shoulders topping formation on the daily chart. Sell it here or wait for a break of the neckline. Target is 13300
Bitcoin has hit the 61.8% retracement of the last major wave decline and has also formed a head and shoulders pattern. Once the neckline breaks Bitcoin should tumble to 19,000
I am buying NQ with BOTH HANDS here. 2nd October 2022 is exactly 314 days from the November 2021 high. Im calling the low.
NQ has tested its prior bottom and appears to be holding support. The risk/reward is skewed to longs here for a rally to 12400
Solana has shown relative weakness compared to other cryptos in the recent rally. Luna went bust on 20th May a few days after the lunar eclipse (Luna means moon in Italian) There is a solar eclipse occurring on the 25th October 2022, I predict that Solana will be trading at zero by then.
NQ has reached upside targets (13705) and 61.8% retracement of the second leg decline. Short it here with a stop above today's high looking for 13k or 12900 even.
NQ has staged an impressive rally off the lows however as it currently stands there are a number of factors that make me believe this rally is due for a correction: 1) We are hitting the trendline resistance of the entire decline (purple trendline) 2) We have reached interim targets (or almost have I can argue for slightly higher to 13450) for this corrective move...
Oil is in the process of completing its wave 4 correction. Elliott wave principles stipulate that a shallow wave 2 (which is what played out in oil) is typically followed by a deep wave 4. Oil should find support anywhere between 80-85 but that should provide the launching pad to wave 5 which should take oil to $200
The structure higher has completed and bitcoin should retrace. A short here should find support at 23,000
NG should find support at 7.80 - 7.85.. It is a good entry point for a counter trend rally to 9
Crude is running into trendline resistance and has reached its upside corrective target. It is a low risk short here at 99.20 looking for 96 initially
Short NQ here at 12653 for a trip down to 11800 or so. A stoploss can be placed above yesterday's high. If we break above it this trade is invalidated
CHFJPY has reached correction target and should provide a great short entry for a trip to 140.70
Gold has now completed the ABC correction and is a FANTASTIC long here. It should be good to rally at least a couple of hundred dollars from here. DO NOT MISS IT
Short NQ here for a ride down to 11180. The corrective structure has completed and the RR is great for shorts
Bitcoin has completed its downside structure and should now rally to 28900