Identical Setup to 23' Regional Bank Crash. As always, not sure what the trigger will be, but I will do my best to keep everyone updated as usual. Target of $58 from $60s reached. I'll be expecting a bit more come June. Watch for the sideways movement and rally until then.
Not sure if I'm doing this correctly but please do chime in and help out if you can. What this is, is an addition to my previous post about BABA coming back down to EARTH. I'm just adding another chart to reinforce the idea.
I would honestly be surprised if it doesnt gap down this Monday before the open. The weekly imo, looks like a mess atm and could gap into $120s easy. If it doesn't, I would expect some consolidation for a fall into the First week of April. We're right at the golden pocket retrace at the .618, very common retracement level, if we look at Fibs with a bearish...
Wowzers... I'm not sure what to say but ... good money is going to be made here for sure... would love to see this play out to the Tee... Take care yall ... DAILY BAR PATTERN from the Box of June 24' - Aug 24' .... I must say... let's make it happen..
AMEX:SPY shows 10D trend very clear. It is my hidden gem. We, by my charting, Should pullback until 3/18 ... not sure how far but I have plenty of targets on the way down to my ultimate target at 5200... I think we could flush to $560.. Good Luck yall. Gems I tell ya... sorry I'm so bad at explaining things..
Holy crap.... I just came across an old chart and literally in the nick of timeI tell you. All I'm going to say is... I'm a pattern chart trader and this is the COVID bar pattern attached to our daily from like a year ago almost and I loaded up an old layout to do work and boom... here we are... Good LUCK ... Not sure what the trigger will be but we are here.
What I see here is a double top on the weekly just like 2022. I can see our last 9 count in 2022 produced a 30% rally to the top. After the rally several months of sideways movement until we break trend. If we are Indeed Repeating the 2022 TOP. Then we have a harsh year ahead of us. As I said in previous posts, we should close February at the low of January. I...
$576 Gap fill on the way? Time will tell that's for sure. My expecation is that we sell into the beginning of March Covid style in a way. $576 seems good for right now. Will update as we go.
Well... I've done my absolute best to figure this out... I have my bearish outlook, although I will post another to add to this, as the bar pattern can extend much lower. Bounce regardless, after 3/14, says most of the charts I have.
Is this happening? I'm going to have to bet my money on yes. I have been doing this for a long time. Pattern Chart Trading . This has a high probability of happening imo. Is it absolute? Of course not. Is it better to be prepared? Absolutely. Now for the technicals of it.. I'm trying to do better with this... If we take a bearish perspective on the fib from...
Well... seeing is we hit my target, I thought I might bless the Bulls with a little bit of Eye Candy.... This is what you want... The Fib breakdown of the Golden Pocket above at the 1.61... we hit the retracement... and now back to the .78 We hold here and it can get bullish quick. Bearish Path in Next post... otherwise we make a lower high and fall to...
So… attaching the bar pattern from Spring 2022, I see the next decline by the middle of next week. I’ll be placing my bets at today’s close if possible . 🫡 Target is $480 by next Friday. Short $508 into next week.
I've been waiting for a rocket to AMEX:SPY $630 but my monthly tells me that February wants to close red. Here is my daily with a fib that we cant seem to hold above although today we did close above once I have been waiting patiently in this box unlike others, I have constantly reiterated, don't try to be a hero inside of the box. Now that the Box seems to be...
4H chart showing divergence and may not necessarily be a top but could be pulling back for a test of support. Watch 10DMA for potential support.
Holy crap.... I just came across an old chart and literally in the nick of timeI tell you. All I'm going to say is... I'm a pattern chart trader and this is the COVID bar pattern attached to our daily from like a year ago almost and I loaded up an old layout to do work and boom... here we are... Good LUCK ... Not sure what the trigger will be but we are here.
A break of the current High would invite a straight shot to the 1.61 Golden Pocket Above. Anything Below leaves room for Election Rally Gap Fill. Keep an eye on the fib. Don't try to be a HERO inside of the box. Wedge forming. March may lead to a large decline. Be wary.
Decline Ahead, we have the exact same chart on the monthly. I guess that means we could have just one month at least of red. This is a weekly chart with the same pattern as the monthly on SPX. I will post it shortly. We have a 9 Count Sell Signal with a 13 Count Follow up. The 14th Candle takes a 10% dip. On several occasions in this candle combo. I will attach a...
Refer to a Previous Post. Blow OFF TOP COMING. BUT NOT BEFORE A COUPLE OF SCARES. Short the RIP. BUY THE DIP. Patience. 4-6 weeks of 10% moves back and forth... Accumulate the wins for the Longs... Hold for a year... Short everything Mid 26' if it gets that far MCFLY