Gotta nice inverse that can play out here. Targets would be 590 break that and 596 can happen🫡
Think bulls took advantage of the holiday and created a nice triple top on daily time frame. With all the fed speakers and Fed min this weeek I thinking we gap down in morning and test 200ema again at 426 If we continue and bonds and dxy begins to fall will be looking into 443 as next. I gotta funny feeling about this week. Reminds me of price action at...
Looking for tsla to test 300 to see if we can get an inverse h&s play on a shoulder line break to test ath or triple top and head lower. I’m feeling froggy
Too strong to break the channel to downsides and starting to reclaim ema. Unless we break under channel seems like we will visit 500 again. The 3month at the moment says other wise. Will update
Looking for Friday close over 200ema(426).a close in this area will create a weekly doji and will be back over trendline created this year. Failing to close over this trendline this probably look to target 413
Hi everyone I see two head and shoulders that can play out. I’m thinking the smaller one will play out sooner if we can’t break daily resistance at 390. Target 1 is 365 on smaller head and shoulders Target 2 417+ with bigger inverse head and shoulder
Back again with another idea. I seen the squeeze today a mile away but I was hoping for a push through 384. We hit top of wedge just to in my terms Bart Simpson for the last half of day which I see a bearish sign. We tested the fib level one to many years times so I’m thinking wave b is done and wave c will start next week. Looking for close over 385 end year for...
Hi everybody back with another idea. Been on here looking for bullish and bearish patterns and came across this falling wedge. Now is see why market is chopping the way is it on top of volume. Closing over the wedge (weekly and daily) end of week (385) I will consider extremely bullish. Looking at sp500 top holding I dnt see much room left to go down 5% at...
Been goin over a lot of stock mainly spy holdings and I have a gut feeling the bear market is almost over. I been using Elliot waves and fib levels to determine patterns lately and the bear in me dnt like what i see. Short term i aiming for 396 but if we can hold that will we break trend? Or will the abc play out and send us to 362 to try it again. Time will tell
Looking for 402 retest if abcd pattern plays out with good ppi. At 402 we will also be on neckline for possible h&s playout as well. We be goin short at 402 looking for gap fill after 385
been a while since last plan that i had to cancel when trying to break daily resistance failed. since then i have noticed two more trends we seem to be in. the trend line in blue is the shorter term trend keeping eye on and past few day we failed to break above downtrend after failing to break daily resistance. i have short term target 0f 358 pivot. possible...
my october plan if this bullish trend continues. I have three price target and all of them can trigger a head and shoulder reversal. a break below 371 will cancel this idea. target 1 393. i believe is very possible this week since the daily close today was very bullish from looking at daily candle.as long we open over daily resistance of 375.63 with next...
We tested low trend line today and it bounced back strong. I believe this will start another rally. In past this has been strong support since June. Way to early to say now but I believe bottom is in if we continue bounce here. That said imChanging my target from 350 to 450 but Will continue play both sides. A break below 390 out of trend I think we fall harder...
from my last post I noticed the turnaround at 390 and still think we on track to see 417 this week. i also noticed we might be in new trend(red lines)that we bounced off of at 390. that also makes 417 seem more possible. I was during little cpi research of my own and against my bearish thoughts i do believe the inflation number will meet the goal somehow and...
we have broken out of a wedge that could possible send us on another bull run. im thinking if it manages to get over the 400 resistance we can see a run up to 417 trend line 200ma. if we have good break over 400 im goin to ride to 417 with caution. this would put us in head and shoulder pattern if rejected again at 417 similar to 430 rejection. small chance just...
looking at the past at these level 390 is very strong support i do believe we up open under this support and continue to fall to 370 area this week. i be looking for a bounce around 380 but i personal think we will not see one under 375. idk if you guys keeping up with news but the weather with all the major droughts and heat waves and floods that is goin on...
After that drop today after multiple rejection off trendline to the top I believe spy will test monthly support at 400 and from looks of monthly candle we will probably see new lows.my target since may has not changed we will see 350 I am not a financial advisor by any means please do your own research
Hi everyone im noob at charting so I could be wrong but looks like a double rejection of resistance on weekly with a long target of 650