We peaked into the cycle turn due 7/11 /7/18 and have now traced out an abc decline into today low with a HIGH VIX We should now see the last leg of the BULL from 254.5 low oct 13th spiral turn and see a minor new high from low end 504 to as high as 520 But I will look for the middle of this range 510/512 over the next 30 days I will mark this NEXT high as...
The chart posted is that of MSFT we have now dropped .066 % and this is equal to the last wave drop making waves 2 and 4 equal .And the drop is .50 % of the rally from 404.5 to the peak 469.25 and we are also at .382 of the rally from 388 low april , if we break here I would look for the decline to drop to 431.5/428.8 before we turnup and see the last up phase...
The last bullish wave structure is now been labeled The cycles are turning VIX cycle of 7/8 days signal is now been given
One would think this is a think to watch ! And everyone is moving long Calls in the data and now leveraged in 3 x times ETF that it would be the greatest way to profit from a sure thing RIGHT ???
The chart posted is that of the SMH etf as you can see based on a parallel channel working off the two major lows .that we are now at the top If we were to break above this and by 5 % rule then I would say we are in a BLOWOFF
I am posting this chart at this time for good reason we are forming a double top and as you can see the RSI has also failed to break above to a new high . I am outright BEARISH
This is my view of the wave structure as to the Russell 2000 if we break the 191 in iwm based on cycles
The chart posted is the QQQ we now have a major sell I am now 100 % long puts in qqq 495and 490 march 2025 I have major cycles turning down into oct 10th look for 4900 to 4600 in the sp 500 cash and in the qqq 410 to 431
We now have a nice RSI bearish formation and a 5 wave structure up we should see a large drop back down to 330/325 rather easy . I have taken a position in in the money jan 2025 PUTS
The chart posted shows my top view of the wave structure I see today as ending wave 3 of 5 of 5 of 5 look for a minor pullback and then a final peak into monday or tuesday 5554/5631 So why am i just moving to 90% long puts because naaim snd PUT/CALL spirals are in the window as I said from 7/5 to 7/11 I will be fast Best of trades WAVETIMER
the chart post could be in a wave D rally I can say honestly NOT SURE but I have taken PROFITS AGAIN $$
The chart posted is the only Bullish wave structure and it is now labeled if this structure that has formed is correct then we would see a Run above 40k and it would be rather fast . I am watching close best of trades Wavetimer
We are now in the up thrust of the exhaustion move it could travel the width of the triangle but the move is an ENDING NOT a new Beginning . from an ELLIOT WAVE
Amzn is now thrusting out of a 4 th wave triangle it will top anywhere from 201 to 207 best of trades WAVETIMER
The sp 100 has reached into the fib relationship of a major top the sp 500 has Entered the min 5510 to 5531 RSI bearish setup I had hoped and the word is HOPED we print 5554 /5585 BUT cycles are running out and the Fang sector aka AAPL targets and msft in the lower end of super cycle targets .are being met . SOX has reach a perfect 1.618 and we saw the...
We are going to see a major swift and TECH in my work will RHYME with WRECK TRUMP DOJ will move to see a breakup of Big tech in the first 90 days Twitter files was just the start !!!
The chart posted is that of MSFT as I call it Mr MARKET . I took long calls in early trade today and sold nice % gain I will however be looking to move into a major long PUTS into the target area posted 458/465 focus is now 458.8 to 462 I have cycles and price in what is know as Harmony . This should also peak into July 5 to the 11th see Gold ratio SPIRALS...
TLT is the chart posted and what could be a wave d down or MUCH WORST ,I tend to lead on MUCH worst meaning MUCH higher rates like 78 I have NO trade but thought the TLT would have held up into july 11th turns this means much more weakest NOT GOOD at all for STOCK MARKETS