JustinWookie

JustinWookie

Here's SPY x Fed Funds Rate / M2 Money Supply. The only times this metric was this high was in 2000 and 2007 when stock market was in Bubble status. Looks like SPY is overvalued. What do you think?

JustinWookie

ETH hit Head and Shoulders target at $1000 on June 22, 2022. Simultaneously, it bottomed out on the RSI and touched high of 2017. The chart is aligning to show a major bottom here. All that is left is to break out of the major and minor wedge patterns that are aligned as well! Do you agree?

JustinWookie

Tesla broke down from Head and Shoulders pattern with a target of $102. 400 week moving average is the next stop down at $93. Am I crazy??? Will TSLA retrace to pre-covid high of $59?

JustinWookie

AMB breaks down head and shoulders pattern. Target = $37 in February 2023. Also consistent with down sloping support in parallel channel and March 2020 lows !!! Please enlighten me if you think I'm wrong on this.

JustinWookie

QNT breaks head and shoulders neckline and price could drop 50%. Target price = $44

JustinWookie

Brazil ET could eventually bottom out at lower wedge trendline @$23 before breaking out.

JustinWookie

Prediction: SPY hits low of $300 on Aug 2023 at 400 Week Moving Average. May dip below this briefly but not for long. Why am I not correct?

JustinWookie

Bitcoin broke above major trendline of falling wedge going back to all-time highs. In this case the line of resistance is steeper than the support. A falling wedge is usually indicative that an asset’s price will rise and break through the level of resistance.