DarklyEnergized

DarklyEnergized

The DXY is bouncing off of the top of a wedge pattern going back to highs in late 2022. The bounce has recaptured the 50 dma, which is on its way to crossing the 200 dma. This is otherwise known as the "golden cross" which can sniff out bullish reversals or starts to an uptrend. The falling wedge target for DXY is near the 117 level.

DarklyEnergized

The DEDO chart for NVDA has a channel with price taking NVDA to extreme levels of liquidity stress by historical metrics. December 2016 horizontal resistance is also converging with the top channel boundary. DEDO is suggesting that NVDA needs to correct in order to be in line with currently allocated liquidity at 5%, roughly 2x NVDA's mkt cap at the time.

DarklyEnergized

My theory is $SPX will correct from here per distribution process in progress, but where will it land? I will be following liquidity to determine this through various liquidity metrics and DEDO

DarklyEnergized

Playing out so far, it looks to be in Phase D, LPSY

DarklyEnergized

DEDO analysis shows that TSLA since January 2022 QT regime started, that lower highs in the price are coming with higher liquidity extension. TSLA is making one of these moves now, with divergence in liquidity pressure at a lower high. This is likely a good spot to look for reversal and a potential loss of the support in the ascending channel as QT continues,...

DarklyEnergized Updated 

The QQQ DEDO chart appears to be tapping a resistance line near the 0 bound. This suggests that QQQ is overextended against liquidity measures that support markets. This chart uses an estimated 50% central bank allocation to markets.