The SHY ETF is an ETF that holds 1–3 Year US Treasury Bonds and as the yields have gone up this bond ETF has declined. However, in recent times it would seem that this ETF is now trying to confirm a Double Bottom with the test of the 21-week SMA, if it holds we could go p to about $85 which would put a lot of downwards pressure on the bond yields which should...
The Boeing Company is attempting to confirm a Triple Bottom with RSI Bullish Divergence at the $200 Support Zone. If it plays out I think we could go back up to the 0.236 up at $212 and if we really get traction here, I'd suspect it'd g for the gap fill up at the 0.786 retrace aligning with the $250 level. It's also worth noting that Boeing filled a downside gap...
DRQ shows notable Bullish Divergences on both the Monthly and Quarterly Timeframes at a 0.886 Fibonacci Retrace and is currently trading within a Falling Wedge. If the Bullish Divergence and Falling Wedge play out, I would expect to see DRQ make its way up to around $60 as a first target and around $94 as a full profit target.
AMN after the Bearish breakdown of the 3 Falling Peaks seems to be trying to form a bottom around the 0.786 Retrace with Bullish Divergence on the MACD and RSI. I am uncertain if it will result in the stock making a significantly higher high, but I do think it could at least come back up to test the resistance that sits at around the $70 area esepcially if the IWM...
Castor Maritime is a Maritime Shipping stock that's been on my radar along with its falling wedge, but I have only just recently gotten interested in entering after seeing the quarterly earnings finally start to turn around along with seeing the price action finally test the 21-week SMA as support. With all of this being done it is worth considering the fact that...
After what has been a fast and aggressive 32% Decline, CDOGE has formed a Double Bottom with MACD and RSI Bullish Divergence at the 61.8% Retrace which happens to align with Support and now has climbed back above the 21SMA. With all this in mind I think we will come back up to Square Up and undo that big bearish candle and i addition to that I think we could be...
Natural Gas has gapped up to the 21 SMA during tonight's futures open and appears to be setting up for one last decline to fill the gap, but I think it will likely overshoot the gap and come down to the HOP level of the Bat down at around $1.50 to compete the BAMM, from there we may see natural gas attempt a bottom.
TX SWAP looks to be trying to form a bottom between the 1.618 PCZ and 1.902 HOP Level of this Log scale Bullish Crab, it has also confirmed some Bullish Divergence on the MACD. As a result, TX SWAP may attempt to break out of the bigger Falling Wedge pattern, assuming the HOP holds and the Divergence plays out.
STRKUSDT has formed Bullish Divergence at the Support/Resistance level of the range it's been trading in. This may result in STRK breaking to the upside, in which case that would put it in a Harmonic position to at least make a 0.786 upside retrace. It also broke out and tested the down-sloping trend line which could be a sign that we have confirmed a Bullish...
TX Swap after breaking out of a Falling Wedge pattern now finds itself attempting to confirm a Tweezer Bottom Break-Hook-Go with Bullish Divergence at the 1.618 Fibonacci Extension with elevated volume. If this turns around from here, I think the upside move could be quite dramatic.
Natural Gas has recently gone up a lot, the problem is that much of this was done in pre- and post-market sessions, with square-up candles printed along the way. It is very likely that as Natural Gas breaks back below $1.70 that we see the price-action square up to the $1.6 area.
TIAUSDT has potentially formed a Cup with Handle and has held on to a Daily Support level with a bit of MACD Bullish Divergence and some Bullish RSI BAMM confirmation. This could end up being an early Bullish entry before TIA goes for the break of the handle.
There is a Potential Bullish Gartley at Support on NVDA leading to the earnings report. I'm not sure if it will hold but I have gotten some calls on it just in case and want to archive this harmonic setup.
There is a Bearish Harami at the HOP level of a Bearish Bat with Impulsive RSI BAMM Confirmation. Alongside that, we also have 2 Major Squareups significantly below the current level and also an unfilled gap. If these Bearish Signals at the highs are to play along, this should be the start of an even greater retrace to fill the downside gap and to complete the...
USDNOK after giving what has been a very nice performance off of that Bullish Butterfly has now confirmed a Partial-Rise within the Ascending Broadening Wedge it has traded within and now sits just below the 21 and 200-day SMA. We would now expect a heightened chance of the price breaking down and hitting the measured move target down at 9.4 NOK, which so happens...
OMUSDT is trading within a Falling Wedge, holding onto a congestion zone at support with heavy amounts of Bullish Divergence on the RSI. If this level holds, I think we might get somewhat of a Bull Flag type of move which would take it up to around $0.40 and also happens to align with the 1.618 Fibonacci Extension from here.
XRP is currently taking back a Daily Support Zone after rebounding from the PCZ of a Bullish Gartley. Though the setup looks nice, it should be noted that the entry here is a bit late overall in relation to the PCZ so in trying to catch this late move it will be best to use a tighter stop in hopes that the upwards moves accelerates above the Support Zone but if...
Some weeks ago TLT was trading within a Falling Wedge and Double Bottoming at the 0.382 with Bullish Divergence on the Hourly Timeframe and from there rallied to hit its 0.618 Profit Target. Since then, it has come back down just below the level it started at but in doing so has yet again formed Bullish Divergence near the 0.382, this time on higher timeframes. If...