JerryManders

JerryManders

I posted an idea for SPX500USD and SPY a couple weeks ago saying I was legging into July puts because we are nearing a major top. That top is likely in, but here is the confirmation I am looking for to signal a larger degree B-wave has completed: - Expect small bounce to around 5283 - Then drop to 5215-5240 ** If this occurs, and is followed by a bounce to...

JerryManders Updated 

This chart uses symmetric trajectories from the early distribution phases to estimate the path price will take to initiate markdown. Initial target = 506-508. If SPY finds resistance at 516 then the initial target could hit by the end of this week (5/10). If SPY breaks above 516 it should find resistance at 518-520, and then the initial target will be delayed -...

JerryManders

This is doomed. Always dangerous to short NVDA, but if we get a break below 894 in the next day or two I'll buy puts with target 861 by end of May (nice 30 point drop). Could go a lot lower. I'm going to leg into puts before the bell and then add bigger if we get the break below 894. Had a great run, if you've followed me since Jan 2024 I predicted NVDA would...

JerryManders Updated 

I've made good profit playing MSFT calls over the past year. But now I'm seeing evidence that a major top is in, and there will be some explosive downside near/mid term. Sell zone is 410-420 (so if it goes to 420 I'll take that as a gift to load June puts). Expecting the reversal to the downside to begin by May 10th. Target 1 = 399 by 5/17 Target 2 = 390 by...

JerryManders Updated 

Loading July puts in the price range 460-485. I will continue to accumulate puts in this zone until either of the 2 scenarios below occurs: 1) If price drops below 460 at any point 2) If price is still in this zone on 5/14 (next Tuesday) If either of these occur my position will be complete. Main/primary forecast: - Reversal begins tomorrow 5/9, initial...

JerryManders

Pretty straight forward on this one - these violent delights have violent ends. - Target 1 = 81 by end of May 2024 - Target 2 = 72 by end of June 2024 - Target 3 (goal target) = 63 by end of August 2024. "They call me bubble boy, they call me chicken little" ~blonde dude from drive

JerryManders Updated 

I've been away refining my method and have returned to deliver a series of important predictions for the coming weeks. The first is a look at the general market using S&P futures. Here is a summary of this chart: ** 2 key levels (above and below): 5163 was the breakdown level from back in April - a retest of this level for resistance is very bearish, but if...

JerryManders Updated 

DPZ has one of my favorite bearish setups. Most bearish case = 470 by 5/14/'24 (earliest,if it hits by then this is only the initial target) Least bearish case = 470 by 6/7/'24 (if it takes that long to hit it will see a relief bounce in June before continuing lower. **Breakdown level = 517.95** Stop loss = 526 ~If 470 hits by 5/14-5/23, then its very...

JerryManders

Hints in May – supplement idea for fun, see if you can crack it. Ref. 4.20.'24 13th. (~29.00) "His ruling planet applied to an evil aspect of Uranus, indicating great worries following the starting of this journey. Said that he had planned his marriage for an unfortunate day and that it was better that it did not take place at that time" <-> "The symbol and...

JerryManders Updated 

This is a rough estimate projection of what I'm expecting in the coming weeks for the market. I'll post a more detailed analysis once wave 4 is confirmed. Here is the summary (this is not an EWT analysis, so you;ll have to take my word on it for this count - rather, its a rough forecast for what to expect that uses an EWC to simplify my pivot references): -...

JerryManders

Nice shakeout before a swift reversal that will start this week. Bullish here with target zone 450-457 by 4/26. Buying this dip as we near the end of this corrective wave.

JerryManders Updated 

Bullish on ANET for a pre-earnings run up. Breakout level = 297 . I am buying any dip over the next day or so in the 284-287 range (buy zone). If it breaks above 297 I'll chase. *Initial target range = 306-313 by 4/19 **Goal Target = 335 by 4/26 - Stop Loss = sustained break below 285, if this occurs it will form a "spring" in its re-accumulation phase in the...

JerryManders Updated 

PANW has traded in a boring range since I last posted my original idea (linked below). Here are the dynamics that have unfolded, and my forecast from here: - The main factor we need to determine is if the recent consolidation is accumulation or re-distribution (I'm leaning toward re-distribution with a UTAD upcoming - meaning one more pop before major drop). -...

JerryManders Updated 

In summary, if you are in (or considering buying) shares, this is Mid-term bearish. I would highly recommend against entering or adding shares here. You will likely have a better chance to exit/sell in the 330s around March 11-12th. For those playing options, I can share my strategy - you'll have to be nimble to swing this for profits, but very do-able since I...

JerryManders Updated 

As my grandma used to say, "we don't play in the snow, we just make it rain when the temperatures low" Bullish mid-long term. Bullish near-term IF it regains 164 in the coming days. - If it breaks back above 164 by 3/14 then my initial target is 187 by 3/25/2024 - Regardless, it will be trading at 207 minimum by end of 2024. Point target by end of 2024 = 287 ...

JerryManders

Bullish on EFX for its upcoming earnings (release is 4/17 after the bell). Initital target = 275 Goal Target (near-term) = 290-300 Goal Target Mid-term = 338 (that will be the top before a new corrective wave starts)

JerryManders Updated 

Here is a bullish play on a name you've probably never heard of unless you love bowling lol. I love bowling. Bowlero Inc is the next MOASS that could put GME/AMC to shame. Quick stats: Short Percentage of the Float: 90.4% Short Interest Ratio/Days to Cover: 11.2 Average Trading Volume (3m): 1,270,749 (High liquidity) Cost to Borrow:...

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JerryManders Updated 

This video is an extension of my recent post MDB - bullish "Mar 22 calls will print" I sent an update with that idea that I have been adding this morning, but didn't explain why. So in this video I explain why MDB is about to reverse big. I compare the setup to NVDA back in Nov 2023, hope this makes sense. My confidence that MDB will be trading in the 400s next...