holeyprofit

holeyprofit

TSLA trades at a critical area where either it's going to find support and start to move up again or this is going to turn into a big bull trap. Along with warning signs in other big stocks like AMZN these potential breaks are important to watch out for as they may give us early signs of the broad market going risk off.

holeyprofit

The DJI may be close to completing a "Wave 5 " pattern on the large charts, this would be the end of the strong bull run if this was the case. Into the final parts of the move we typically see a false bearish breakout in wave 5 ending under 38% retracement and then we see a parabolic move into the final high. Both of these conditions have now completed from the...

holeyprofit

Over the last months a big bearish butterfly has built up on AMZN. We've seen the early signs of a sell off from this and we're now trading in around the first target areas for the harmonic pattern. If we get a strong break of this level, we can be a much larger drop in AMZN.

holeyprofit

Big second "C" leg of BTC crash looks like it is setting up to come soon. The Elliot wave cycle shows us having completed the 5 waves up into the 60K high and then completing the first drop of 50%. Now are we get deeper into the retracement levels of the first fall we have to become more and more aware of the probability of this becoming a bull trap.