This is a follow up to my $177 breakout call (click). Nearing a significant resistance around $188. Expecting a pullback but the market is strong. At the least we should get some sideways action. $ 187.49 - 188.98 is the immediate resistance of interest. $ 197.94 - 199.63 is next major resistance and maybe top. $ 181.95 - 182.39 is first good support that...
Update to my ongoing analysis of this bull run. Correction proceeding exactly per plans. We are nearing some key levels to watch. The bottom should be pretty close to here. $ 56,265 - 56,799 is the minimum expected. $ 52,838 - 53,659 is best Guess and Ideal target. $ 48,090 - 48,750 is the Overshoot (backboard). . Previous plots and logic that lead us here...
This is a follow-up to my Big PIcture calling for $489 (click) High Gravity fib has held us in orbit for 2 months. Just got a retest on the day of Earnings release. This could mark the top or start next leg today. Time of this post is BEFORE the release, chart will not show results until next day. . Here is my big...
Part of my ongoing analysis, see links below. We may have bottomed at 57k with a strong bounce. But we are now retracing and hopefully almost done. EW theory shows a 5-wave bounce with 3 wave retrace. . Previous plots that lead us here (click the links): - 73k Top Call no one expected - Retrace Roadmap of Support zones - 52.8k imagined but not believed - ...
We appear to be in an Elliott "Wave 5". Wave 5's in commodities tend to extend. Likely a pullback first then next/last leg? . Here is a Near-Term plot of possible retrace to $2307 ===========================================================================================
Big F currently at a Genesis fib at $12.96 This fib has shown itself to the market. Even the fib-blind are watching this level. =====================================
Follow-up to my previous 5137 Top Call (click). Markets appear to be retracing finally. This could be just the start of correction. Minimum next leg depicted goes to 4900-ish. $ 5109-5137 is major resistance that may be retested. $ 5044-5049 a minor support that will hopefully bounce. $ 4896-4924 is next major support and BEST GUESS...
MCD has been retracing from $300. Now at a major support around 269. Strongest support above the 250 area. $ 268.98 - 269.67 is the exact zone of interest. $ 250.05 - 251.41 is the next strong support below. $ 273.05 - 274.41 is the immediate resistance above. ===============================================
Currently at a support going into weekly open. Last wave has been retraced to its Impulse Core. If any energy left in this wave, it should be here. Otherwise, next support is a MAJOR fib at $2307.19. If that fib breaks, then bulls will be done for a while. If risk-off remains the sentiment, look for $2700 next. ===============================================
SMH just hit a Golden Genesis fib at $209.43. That fib is reinforced by a Covid Stimulus fib. This is a major landmark in this ETF's history. $ 209.43 - 212.89 is the immediate resistance. $ 236.36 - 238.96 is the next major resistance. $ 191.21 - 191.90 below is the first good support. It is PROBABLE that we orbit this zone for a while. It is POSSIBLE that we...
Bitcoin has fallen over 6% in mere hours after the announcement that one of the largest crypto exchanges, Binance, is being sued by the SEC. Now seems the best time for me to put in buying orders at certain support price levels. I see three Scenarios: 1.The news that SEC is suing Binance will have no short term aftereffect on the Bitcoin price. The price will...
MATIC currently range bound by major fibs. Break in either direction should pop violently. Golden fib above is stronger than blue support. =========================================
DOGE is currently floating on a substantial support. Good chance for bulls to paint a third "higher low". Need to break two serious resistances to call bottom. $ 0.14432 - 0.14637 is the immediate support to hold. $ 0.15777 - 0.15779 is the first strong resistance above. $ 0.16612 - 0.16703 is KEY zone to break and mark...
Strong leg up but nearing a proven fib resistance. 2.236 is minor ratio but this one is recently proven. 2.618 above will be much tougher, marking 20k round. Looking for break and retest or pullback to lower fib. ================================================
QQQ is dancing on a high wire, a Golden Genesis fib at $422.93 Failure here could indicate top is in, so this is a key level here. Just below is a fib confluence at $418, last stop before SERIOUS dip. It is PROBABLE that we orbit this fib for a while. It is POSSIBLE to bounce here and keep going up. It is PLAUSIBLE a bull trap / distribution is done. Here is a...
ARM took off after IPO, and is now retracing. All plotted levels are from a single fib series. The golden fibs should be the strongest ones. ======================================== .
COTI recovery at a key level, $0.1313 Besides superstition, it is a also key fib. Look for Break-n-Retest or Rejec to gold. ====================================
Meme coins peaked and correcting. PEPE has been a fib compliant champ. Look for pullback now or from next fib. Breakout was best entry but we missed it. All the Pings (exact ricochets) confirm fibs. So we can expect a reaction at each level. ====================================== .