josemanuelmaestrerodriguez

josemanuelmaestrerodriguez

Sp500 it is finding support on its major uptrend line: the line that links to highs: 2009 and 2021. Once this is broken my target is 4450 in a ABC move

josemanuelmaestrerodriguez

People are not realising what is coming. This looks like in previous cycles. Slowly, very slowly the market is going to tank. After one year and half of market going up and up, complacency has built a magnificent support and everyone thinks that it will carry on. However, the market is patiently waiting to crash, but it is going to be slowly in a three buddah...

josemanuelmaestrerodriguez

My strategy, so far, is playing out. I think we are facing a three tops buddah and 5190 pips was the head. We are probably going to sell off until Summer 2024 with a ABC move. My doubt is where the sell off will finish: 4550 or 4450? I have bought a short position (X20) at 5170 (SL at 5220) to close the trade in Summer. Watching next FED meeting to see how many...

josemanuelmaestrerodriguez

My guess is that we topped yesterday at 5190 pips. My target of this second buddah top is 3570 pips by June 2025. It is too early to confirm this and I need to see the neckline of this buddah pattern. Nevertheless, the neckline is between 3570 and 3870 pips. Once the neckline is hit a new massive rally will probably take place. timing the market is the most...

josemanuelmaestrerodriguez

Everyone is extremely bullish. Every single dip will be like a gift to buy it because BTC has made a new ATH without the halving... and the halving will boost even higher. However, looking at FFR chart and NFCI chart and Sp500 chart, and other fundamentals. BTC is tricking all of us. Economy is overstretch and this kind of pumps are for many reasons (printing...

josemanuelmaestrerodriguez

Sp500 is forming a massive 3 buddha top. July 2025 we will see 3900 pips. July 2026 we will see the neckline being taken out. In three years time we will see the bottom of this crazy secular market that started in 2009. This Menu won't be free and the consequences of burning the printing machine will be not a recession, but a possible economic depression by the...

josemanuelmaestrerodriguez

Energy stocks will shine even more than they have done it at the present, but more work must be done. Therefore, I expect a retest to 48$. My target is that we could see 30 or even 25$ once 48$ is taken out. To sum up: Watching at 48$. If it doesn´t hold I will start buying at 30$

josemanuelmaestrerodriguez

2009-2021 trendline points to 5150 pips. Ascending channel points to 5300 pips by April 2024. butterfly harmonic pattern suggest the beginning of a downtrend. Therefore; top at these key levels by 2 months time.

josemanuelmaestrerodriguez

Possible target by April 2024. 5300 pips Ascending parallel channel formation Harmonic butterfly pattern 2.32 Fib 5025 and 5000 major support.

josemanuelmaestrerodriguez

Enagas is forming a H&S on the weekly with a breakout range at 13.5$ My strategy is to see a rebound to the breakout point (15.5$) to eventually drop 12% to the 13.5$ support area.

06:05

josemanuelmaestrerodriguez

Bearish ABCD If my guess is right, Sp500 is forming a bearish ABCD in the monthly. What does that mean? That Sp500 will peak in Summer 2024 around 5300 pips and will make a new ATH in less than one month. Justication Looking at its monthly chart (image attached). 1. Sp500 is forming the second linear acceleration in a mini bearish rising wedge. (line CD 1.43...

josemanuelmaestrerodriguez

If my guess is right, Sp500 is forming a bearish ABCD in the monthly. What does that mean? That Sp500 will peak in Summer 2024 around 5300 pips and will make a new ATH in less than one month. Justication Looking at its monthly chart (image attached). 1. Sp500 is forming the second linear acceleration in a mini bearish rising wedge. (line CD 1.43 Fib...

02:09

josemanuelmaestrerodriguez

Bullish momentum to a new ATH in two months time Sp500 on the weekly is making a 12345 EW impulsive wave. My guess is that right now we are in Wave 5 (impulsive). However Sp500 is making a massive bearish rising wedge that could take Sp500 to a new ATH and after that a collapse to 2000 pips by July 2025.

josemanuelmaestrerodriguez

Correction should come soon but after ATH - Any short attempts are suicidal. Never short a market in price discovery mood.

01:58

josemanuelmaestrerodriguez

This is probably going to be the last leg up of wave 1 before FED meeting