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GBTC actually formed a lower low and closed the week above the 1.618 fib at $13.12 with weekly bullish divergence & a weekly bullish engulfing candle. Expecting a gap fill up to the .382 fib at $17.4. Confirmed weekly buy signal on Cipher B. The premium to NAV is still sitting at all time lows at -31%. Illustrating this on the GBTC chart, BTC is not far off its...

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0.382 fib at 1.05555 has served as support for Euro for almost a decade. Weekly bullish divergence on momentum along with 3 bottom signals on Cipher B around parity suggest a bearish backtest is coming. Euro pump --> DXY correct/drift --> Opens up a buying opportunity for crypto and stocks. I am still long term bullish on DXY . DXY does not look topped at all....

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Instead of of a Double Three WXY, SPX could also be in a Leading Expanding Diagonal which is much more bearish as Wave 5 is usually the longest wave and the beginning of Wave A of a larger ABC correction. I have targets around $3,250 very similar to the Double Three WXY. SPX has been bouncing off high volume nodes on the volume profile, so the next one is at...

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Gold finally retests the 200W MA and the 1 fib level. Judging by the daily dragonfly on S&P, silver's surge this week, Barrick Gold holding its own, weekly bullish divergence on momentum, money flow, and VWAP on Cipher B, I think a bounce is coming for Gold. Macro for gold is still very bearish. Just take a look at the lower highs on the money flow. All eyes on...

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I've been flipping and flopping harder than a Magikarp, and getting a massive headache. Enough bear pornography. I can't believe I didn't have the 1.618 fib marked on the expanded flat correction until today. BTC has been holding the 1.618 fib at $18,326 this whole time pinging off the fib with a strong weekly candle. So the million dollar question is: Is the...

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My outlook on Uranium and Nuclear Energy has shifted bullish long term. The spike in volume on CCJ during this uranium bull run bodes well for the future of uranium in my opinion. That being said, CCJ has been trading in an ascending channel for over a year now whilst being rejected at the long term .786 fib at $33.34. I am expecting an ABC correction to at least...

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Barrick Gold breaking down out of a rising wedge after being rejected off the 200M MA. If this is a 1:0.618 ABC correction, the target is: $7.78 which intersects with a high volume node on the volume profile. If this is a 1:1 ABC correction, then the target is $3.3, which does coincide with a long term 0.618 fib. Not a bullish outlook for the best inflation hedge imo.

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GBP/JPY tagging .618 fib retracement with bearish divergence in both momentum and money flow on the weekly timeframe. This will be a nice swing down to the highest volume node at 140. CPI for Japan coming out tomorrow could potentially be a catalyst. Ty Mr. dRends35 for trade idea.

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With a SPX & NDX forming daily hammer/dragonfly doji at their golden pocket ratios, it's time to go dumpster diving into poopy pot stocks. I believe CGC has just finished a running flat correction with hidden bullish divergence on the 1 HR. Looking for a final Wave 5 up to $5 (Fibs) to complete the impulse move. Breaking under $3.17 invalidates wave count. That...

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1) EW Count: BTC should be starting the final leg of a WXY correction with the (Y) wave being a 1:1 5-3-5 ABC with a target around $9,000-$10,000. There's plenty of confluence around ~$10,000 including the highest volume node on the volume profile. 2) The 200 Weekly MA: Bitcoin is REALLY getting COMFORTABLE UNDER the 200 Weekly MA. Contrary to a few people saying...

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Bitcoin had its date with the 200W MA. Time for SPX to follow suit. So long as SPX gets rejected around 4200-4300 (.618 fib, 1.618 fib, 200DMA), SPX should be ready for a violent wave down to the 200W MA with a bit of potential overshoot down to the 1 fib at 3,200. Confirming the bearish bias, monthly candle for S&P is printing a pin bar candle rejected off the...

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WBD trading in the golden pocket between $13.46 and $14.68 as well as the .618 trend based fib at $14.28. Bearish momentum is decreasing on the Weekly TF as well as an imminent bullish cross on the MACD. Earnings coming up. Should price continue to make new yearly lows, $9 is next. Undervalued here imo.

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Borrowing large sums of money at near zero interest rates to dump into risk on assets is a thing of the past. As interest rates continue to rise, people will be less inclined to put their money into risk on assets, specifically growth stocks and cryptocurrencies. Historically, 200M MA has hovered and served as resistance for the US 10Y. Not only has the US 10Y...

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DNN has been trading in a Wycoff Distribution structure for well over a year now with declining volume. Shooting Star off the 20W MA followed with bearish continuation should lead to markdown.

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URNM has been topped for awhile now, and has failed to notch one monthly close above the 1.618 fib at $88.33. Next stop: $32-$38

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ATOM is a small cap semiconductor stock trading at over 700x sales. Lol. Insanely overvalued! That being said, ATOM's market cap is dirt cheap at 273 million. So this is definitely a "squeezable" stock. I'm a newbie at EW theory, and still learning, but I'll give it a shot regardless. I think ATOM completed a 1:1 5-3-5 ABC zigzag correction. Most zigzags usually...

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Bear market rally coming to its first pitstop imo. 21W EMA now flipping from support during a bull market to resistance during a bear market. High volume node and 0.5 fib at $4,186 also serving as resistance. Additionally, the body of this week's candlestick is smaller than last week's with higher volume indicating selling pressure. I think SPX is probably going...

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CGC is an unprofitable company with declining revenue and a high cash burn rate. Sounds... AMAZING! Here are a few reasons why I believe a PUMP in CGC is coming: 1) CGC completed an ABC correction by forming a new yearly low almost tagging the 0.618 trend based fib right on the 1 trend based time fib. Nice "coincidence"! 2) CGC currently trading around the...