emilio_sforza

emilio_sforza

If the S&P breaks the 5670 mark, I fear a real big drawdown

emilio_sforza

S&P 500 is frothy, for who big fund hedge fund managers who sold pre-pandemic, shorted during the pandemic, and then decided when go long again, maybe the reason why everyone thinks the economy sucks is because this chart explains it, thats what most people retirement is at, and trust me, their 401k haven't done this well over the 3 years

emilio_sforza

The Bull Flag worked great looking for confirmation of Cup and Handle, possibly to the 50MA

emilio_sforza

Does This look like a bullish Pennant? This looks like a classical pennant, well defined. support @ $12, and a trending bearish trend for resistants, need to wait for confirmation

emilio_sforza Updated 

I setup an AVWAP starting Jan 2. I also added an upper band with std dev of 2 I then added additional vwap handoffs, anchoring on low points of previous vwaps and this is what I got.

emilio_sforza

NASDAQ:NVDA - 745 was last point of resistance before earnings

emilio_sforza

195 would be full retracement from previous low, the trend line from there looks even worse

emilio_sforza

TSLA looks like its bounced off its last higher low as key resistance, looks like the 210 level is now the place to look for key support

emilio_sforza

Tesla has retraced 68% since Dec Hi from Oct Low, Just waiting on MACD to cross signal on a buy

emilio_sforza

Looks Like a MACD Divergence, don''t be fooled by the MA

emilio_sforza

A couple weeks ago we seen a distinct Elliot pattern forming looks like its filling out to a tie

emilio_sforza

The last leg of the reverse Elliot wave always go below the (3), once NYSE:SCHW goes below the (3) you wait for the few prints upwards to buy

emilio_sforza

Looks like NASDAQ:AAL has hit the $12 4 times and held, the consolidation looks complete, with a slight recovery to 15-16 level, then consolidate back towards 12 by end of Jan

emilio_sforza

looks like a classic elliot wave, plus it just broke the 50d

emilio_sforza Updated 

Looks like it help @409 3x, and now break's 50d, is the upper trends line new resistance

emilio_sforza

410 resistance was there, should have put a call in today

emilio_sforza

WM looks to have completed or near completing corrective phase