Brandonthrives

Brandonthrives

Reasons for Bullish Sentiment: - Daily inside candle; currently in the middle of daily broadening formations - Potential upside movement as the MACD line (blue) is quickly approaching the signal line (orange) indicating of bullish sentiment. - RSI at 45 (can go down to under 30 but there is a higher chance of it moving up - GAP to be filled to the upside ($15.71...

Brandonthrives

What do we see here? - NYSE:SHOP ended the day with a bullish outside day. - Previous HOD for May 31 is $59.23, can serve as resistance. - Previous weekly high is $60.11 and can also serve as resistance. - GAP to be filled to the upside $64.20 - $75.30. - RSI is at 39.24 and moving upwards slowly. - MACD (blue line) is above the signal (orange line), indicates...

Brandonthrives

May 30, 2024 @6:57AM MONTHLY - Currently on a downtrend (2D-2D-2D Continuation) #TheStrat - Finishing off a Stage 3 #TheMoneyFlow - MACD curling down, RSI curling down at 46 WEEKLY - MACD beginning to curl up - Price is b/t the 0.618 & 0.786 monthly fibs (Oct 2023 - Feb 2024) - Price is slightly under last week's middle price of $58.51 at $58.18...

Brandonthrives

Wednesday, January 10, 2024 @ 9:14am (price at 4792.75) Monthly - Fibonacci📈 marked to the upside from low of March 2020 (2174.00) to December 2023 high (4841.50) - Inside (consolidation) month, price is currently above Dec 2023 50% level (4695.25) - MACD continues on an uptrend for the 3rd straight month - RSI currently at 61.91 moving sideways Weekly - Inside...

Brandonthrives Updated 

/MES is up 111.45% the past 44 months (3.92 years). Trend Analysis (#thestrat): - 2down-2up reversal - Approaching exhaustion at the top of broadening formation @ around ~4750 Chart Patterns: - Double Top @ 4808.75 and 4634.50 with neckline at 3502 Results: - Bearish Target 1 @ 4122.25 - Bullish Target 3 is 4622 - Bullish Target🎯2 Hit @ 4566 - Bullish...

Brandonthrives Updated 

December 4, 2023 - Weekly Analysis for Micro ES Futures The Micro E-Mini S&P 500 Index Futures is up ~31% in 60 weeks (since mid-Oct 2022) at 4587.00 - Inverse Head and Shoulders, to the downside📉 - Inside a weekly consolidation range - 2u-2u-1, inside week - Weekly Bearish Target🎯 4544.50 - Weekly Bullish Target🎯 4607.75 Conclusion: Price is beginning to move...

Brandonthrives Updated 

1. Micro E-Mini Futures (MES) is slightly down from Dec 8 close on the 1hr 2. Price is consolidating around the 0.1 upside📈 Fibonacci 3. There is a gap to fill to the downside between 4615 and 4596 (19 ticks) 4. Long Entry on the 60min would be 0.618 (4593.75) or 4601 b/c of the psychological 4600. > STOP🛑: 4560.50 > PT🎯: Previous HOD (right around Fib 0) @ 4666.