Continues to follow our chart exactly as it moves down Wave 5 here in amber, watching for support now at either the Wave X in red low or the blue line, finding support here, I will be watching for ...
2023-04-26 10:52:59 +0000 UTC
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Two very large excessive moves over the last year, we know from experience and seeing many charts like this that the likely move next is not more upside, there needs to be a balance here so once Wa...
2023-04-26 10:50:16 +0000 UTC
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Very little to update here, still following our chart and looking to test the yellow trend line shortly, a break out above and this is bullish but a rejection should bring this down to Wave 5 in am...
2023-04-26 10:47:34 +0000 UTC
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It has been in an aggressive down trend since $TSLA rug pulled but I suspect the pain will end shortly and I have Wave 5 in red finishing where the earnings are due....as I have said before with $M...
2023-04-26 10:40:28 +0000 UTC
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It has lost the crucial yellow trend line which has been a support for a number of years now and we can see that the moment it lost the 200 Day MA, it has moved down aggressively, we can also see t...
2023-04-26 10:37:55 +0000 UTC
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Moving sideways through the blue line range here since May last year, just struggling now with the yellow trend line, if it does not hold here then I expect this to come down and continue within th...
2023-04-26 10:34:17 +0000 UTC
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Testing the wedge trend line now but it looks like it will need to break down from this trend line for both bull and bear case scenarios, I have added in the Fib lines where I would be watching for...
2023-04-26 10:32:11 +0000 UTC
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Nice structured pull back and what we were expecting too so no changes to this chart, will need to hold the 0.618 Fib or below it will show signs of struggling, we are not there yet tho. So I am ha...
2023-04-25 20:35:47 +0000 UTC
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No changes to this chart, sideways movement here since September last year and coming back down here to our blue line again, will need to hold these support levels to bounce, otherwise it is into t...
2023-04-25 20:33:36 +0000 UTC
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Last time I uploaded this, we spoke about it needing to recapture the 0.65 Fib and so far it has done this, it managed to stay above the 0.618 Fib at the end of close today too, showing strength wh...
2023-04-25 20:31:08 +0000 UTC
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$ARKK has been feeling the heat too as the price action keeps working its way down through the Fib levels and not finding much support, below $35.48 and the next test will be the previous low, if t...
2023-04-25 20:28:15 +0000 UTC
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Nice rejection at the 0.38 Fib, almost down to the cent. 50 Day MA was lost today too, so I will need to see Subwave 1 and at least the start of Subwave 2 to confirm that we are in Wave 5 in amber ...
2023-04-25 20:26:18 +0000 UTC
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$70 Billion repurchase of its Class A shares!! That will certainly help!
2023-04-25 20:20:02 +0000 UTC
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Lost the yellow trend line support today and the 200 Day MA is just below as a potential support line next, earnings are not until the 4th of May so there is likely to be more movement until then, ...
2023-04-25 20:17:19 +0000 UTC
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Kept under the yellow trend line today, which was the previous support low, so it is acting as a resistance line so far which is in line with our projection. All eyes continue to watch for the impo...
2023-04-25 20:14:34 +0000 UTC
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2023-04-25 20:10:33 +0000 UTC
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VIX finished the day 12.3% up at 19.02 after hitting a high of 19.86. Clear breakout of the descending wedge, and testing the previous local highs....MSFT and GOOG just reported earnings and both w...
2023-04-25 20:09:14 +0000 UTC
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Relentless selling pressure here for $BABA and Chinese stocks, that being said, US stocks are majority red today and the large/mega cap stocks are struggling the most. The 0.88 Fib remains the last...
2023-04-25 16:43:45 +0000 UTC
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Just at the blue line now which is the previous low, about to enter the bear case and the buy zone if this support is not held....I doubt it will be held. The buy zone is quite large here, going al...
2023-04-25 16:37:48 +0000 UTC
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Is following the same faith as the $MARA chart I uploaded yesterday too, the parabolic moves, combined with the $BTC selling pressure is bringing this down and after losing the blue line, it is loo...
2023-04-25 16:13:52 +0000 UTC
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Bouncing well today on our first bear target, it would need to get back into the wedge for this to be a convincing bounce for me, so it would need to go above $5.25 and hold above there, a rejectio...
2023-04-25 16:01:28 +0000 UTC
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$NVDA, $AMD and $INTC have been pulling back and some have been looking weak, $NVDA is still below the 200 Day MA, below the bear channel now too, we have been here before and it bounced but ultima...
2023-04-25 15:57:47 +0000 UTC
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Like I said before, I do not think it is over for the banking stocks decline yet, the larger banks have done quite well but the smaller banks are struggling and this earnings season is showing that...
2023-04-25 15:54:08 +0000 UTC
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The 200 Day MA has just stopped this from testing our red trend line and it is likely to stay as a resistance line until the earnings are reported until tomorrow after hours and we will know if the...
2023-04-25 15:45:17 +0000 UTC
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Continues to move through this channel downward, what we will be watching for is the blue line and the 0.618 and 0.65 Fib levels for support, below the blue line and we are into the bear case and b...
2023-04-25 15:41:12 +0000 UTC
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It is a tough day for EV and car manufacturers and $LCID is not immune from this, I said yesterday that the $LCID chart is not looking great and the previous low is at $6.09, if it does not hold th...
2023-04-25 15:38:37 +0000 UTC
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For me, losing $8 was a blow for $PLTR, it has gone below the important support trend line, the 0.78 Fib and the 200 Day MA when it went below $8, so I do not like how it is trending now, the bear ...
2023-04-25 15:36:18 +0000 UTC
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No changes here and it looks like this has come very close to out subwave 3 target, which is the 1.27 Fib at $7.47 and it hit a low so far today at $7.60.
Finally the $8 line has been broken ...
2023-04-25 15:32:30 +0000 UTC
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Continues to hold strong and show strength, both corrective and impulse waves appear to be on the same trajectory still, at least to $4, so if the price actions continues to hold the 0.38 Fib level...
2023-04-25 01:29:33 +0000 UTC
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Zero changes to this chart, since it went parabolic and left that large gap behind, ever since then and hitting the 200 Day MA, it has moved down to fill the gap, overall, if $GME loses the wedge t...
2023-04-25 01:18:48 +0000 UTC
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