frodo75

frodo75 Updated 

Bullish move to 4065 SPX and then a drop of about 88% of this upswing. Like it has happened previously. Most likely. However, there is a bearish possibility where we fall immediately. I will post that chart in the comments.

frodo75

Targeting the fib confluence.

frodo75

both targets on the chart.

frodo75 Updated 

Divergences in the momo indicators. I am thinking a deep pullback to 200 Daily SMA, the red MA on the chart. Nicely lines up with SPY in the previous idea. Either all of these indexes will honor the divergences or none will. What do you think?

frodo75 Updated 

Added a few momo indicators to AAPL. Shows that more upside is in the offing as the divergences need some time to dissipate. I would caution against getting into Long position at this moment. As a matter of fact, I expect AAPL to turn down and touch the black MA line (10 Day Daily SMA).

frodo75

No specific date forecast. Remain vigilant of lower lows.

frodo75

good luck.

frodo75 Updated 

A continuation diamond shows we may get to 3670 or even further down. I think 3670 would be a nice bounce from 100 Daily SMA of ES. Anything lower and we get into important correction category. Not looking forward to that.

frodo75 Updated 

Because everyone expects it. Nay, demands it as if the market is obligated. Time to pull the rug. The damage done by COVID has set us back at least a decade. It will reflect in the stock market soon. Warning retail to get out of the market as it will go down nasty. The market moves in waves. We had 10 years of stock market growth. We will likely have a quick and...

frodo75 Updated 

Looks like 3770 is the target for tomorrow. This goes hand in hand with NQ idea.

frodo75 Updated 

How about that?

frodo75 Updated 

Markets are not melting yet. This is a healthy pullback. Target at just below 12600.

frodo75 Updated 

Next target is 100 daily SMA. It looks to be around 3680 or so.

frodo75

Watch for break or bounce from the orange trendline. 1. 50 daily SMA in play again. 2. ShawnZ on sell. 3. Feb/March is traditionally weak. 4. A $1.9T buffet is being ordered for the market to feast on.

frodo75 Updated 

parallel trend lines since 2009. time's up.

frodo75 Updated 

Perfect. Will it work? Rarely does. However, we can track for posterity via TV. Let the games begin.

frodo75

See chart.

frodo75 Updated 

Bear flag can be seen inside the diamond. Both looking at the same target at 1.0 Fib of the length of the previous downswing. However, I would place a stop near 0.618fib due to the bullish bias of the market.