The_Marketsurfer

The_Marketsurfer

Wave 4 on a weekly chart is finishing up, the up side is significant !

The_Marketsurfer

Looks like rates should be rising, I'm sure the overnight REPO/reverse REPO from the FED is fueling it.

The_Marketsurfer

Buy before or after earnings ? I'd expect a takeout of the $78.31 previous low before we go upward.

The_Marketsurfer

With earnings coming on the 27th, look at the triple bottom and stochastic's divergence. I'm interested to see the price action after earnings, it maybe wiser to wait till after earnings.

The_Marketsurfer

Upward momentum is blowing off some at this price level. Look for a triple top to form as the momentum wanes on the 4 hour chart.

The_Marketsurfer

We've been channeling the upper trend line, I believe we will see the weakening in the upward momentum.

The_Marketsurfer

Lets see how this initial move to the upside's wave structure looks like. Nice triple bottom on the Hourly chart and nice full bullish candle on the daily chart.

The_Marketsurfer Updated 

The 15 min chart shows some weakening in the upward bounce, lets see if it drops to the previous wave 4, 50k range

The_Marketsurfer

WOW !!!!!! 84 million in volume from a company that averages 22 million a day. 12% jump in price action, that's a strong buy signal. If your interested in this wait for the pullback. The next hurdle is closing above the Daily 200 period M/A

The_Marketsurfer

Tesla is finishing wave 5, most likely a correction after earnings.

The_Marketsurfer Updated 

Price action has reached the upper channel of the 4hr chart

The_Marketsurfer

Breakdown of the USD/JPY Daily Chart, looks like the February 21st, 2020 high caused for some profit taking.

The_Marketsurfer

If this trend line has profit takers, if this doesn't breakdown then wait for the short, if there is one.

The_Marketsurfer

The triple top and divergence on the technicals, show pressure building to the downside. Let's see if this plays into a larger enough timeframe to change the trend.

The_Marketsurfer

Watching to see if the trend weakening has started by watching the 1hr time frame.

The_Marketsurfer

As large institutions divest of conventional "non" green funds, that money will pour into the Green sector funds.

The_Marketsurfer

We are in the initial phase of BTC, this looks like a beautiful Elliott wave formation of wave 1. This would indicate that BTC is has many years of sustained growth. The future of BTC will be formed through the troubling wave 2, of the longer wave profile. The explosive long term growth of wave 3 in this scenario is incredible.