The US500 is currently still in a long term downtrend however is currently attempting to reverse this scenario. If the current Monthly candle establishes a green candle, the demand imbalance will be confirmed with a likely run to Supply Above. The following two upside scenarios could occur: US500 will make it's way back to supply where a large reaction can be...
NFLX has found some buying pressure at monthly demand. Being that the market is oversold into the big picture downtrend and we have rallied away, potential upside in many stocks is a great buying opportunity. NFLX closed above the 20 SMA on the Daily and is forming a rounded bottom breakout. Target into the fib discount zone between 216 and 230. Looking for a top...
SNAP has had quite the pullback with a lot of other names lately. The areas in green are areas of monthly demand where a long position can be built. Currently we are trading into and just above the first major area and also within the Market Maker Discount zone.
GOLD as valued as it is may not be the safe haven asset people would have you believe. While it has been a runner in the past due to economic downturn, There are rare market events that come around swiftly and without warning that drag all assets down. The wealth transfer/changing of the guard. One such even was the great depression. Considering the deepening...
AAPL currently has sold off out of it's Monthly Supply Zone to confirm its on it's way to find Demand somewhere in this chart like the rest of the market. Look to buy the Dip somewhere around the Market Maker discount zone or lower into the next Demand Level Down.
DIS is currently trading below its first major demand level and into the Market Discount Zone. Long positions can be built here but expect a possible return to the origin of the march move between 70 and 90 dollars at the next Major Demand area Down. Remember building a responsible long position in the market means buying time if you are in options or allowing...
Detailed is a Chronological view of the the Fed Chairs and how the s&P 500 behaved under each of their terms... I'd hate to be the guy running the show at the top of this channel..
As is with most stocks right now, FB is returning to the former breakout area from march. The market does this time and time again. This area is called Demand. The first time back to Demand typically results in a nice rocket ride. While the high time frame demand zone is the most ideal place for a long, It is also possible that FB bounces from this area which is...
BA is currently testing the top of a monthly demand zone. There is a lower zone with daily and weekly gaps below. Both of these zones are centered around the Market Maker Discount Fib zone. Building a Long Position anywhere from here down will be the most epic long awaited long you can ask for. Profit target zone is highlighted up top.
GOOG has been on an epic run and has long reached it's extended pullback zone. We are currently forming Supply and is expected to sell off to a better value for the market makers to pick up at a discount. Long term options short to the discount zone will be extremely lucrative.
All jokes aside, NFLX may be in for a bumpy ride but you cant ignore areas of demand Higlighted in green. These are high probability areas to build a long position. Much like the rest of the market, overblown stocks are selling off as part of profit taking after an epic rally. The market maker discount zone is also a preferred area to buy, but demand is always better.
NVDA weekly chart created and rested the Hekin Ashi Resistance level at 269.24 created in Feb 2022. This level failed and was rejected resulting in a bearish box. On the weekly chart there is no other weekly support level leaving a Widfe Open Space all the way down to the area at 136.73 first target and finally at 123 to fill the box. These tartgets also happen to...
While there are significant reasons this stock is overvalued and will need to come back to earth in the future, there is always the possibility that this stock is manipulated even higher through the yet unidentified TSLA Whale buying call options every week. A simple fib based trend extension yields targets above, pone of the more popular being the 1.618...
As with all good things that must end, TSLA will eventually test former breakout areas it has made in the past. Should TSLA Break below Heikin Ashi support at 780.79 it will promptly fold to 539.49. Measuring it's meteoric rise, there is a discount zone the Market Makers would love to take out between 300 and 500 bucks. As you may have noticed Elon Musk has been...
The TNX has created a solid Hekin Ashi Resistance level in January of 2014 at 3.034% that has been tested multiple times on the yearly chart. This level is our first short to mid term target on the TNX looking to breakout from a decades long downtrend. Should the TNX break out above this level subsequent areas of resistance are circled as targets in white. This...
DXY has formed Quarterly Equal Lows and reconfirmed support at 91.91 multiple times with an extremely bullish double bottom on Hekin-Ashi Support created in April of 2016. Targets above are 112.27 and 120.51 as our first major target on the way up. Since we have a set of Equal Highs that created Hekin-Ashi Resistance already in place at 120.51 in Jan of 2002 this...
TLT is at an area of Quarterly Chart demand with 2 other high probability areas for a long at Quarterly demand identified below. I have also included the Overall Market Maker Discount zone where price is likely to be driven before the great bond breakout. If you are Long on TLT, now is as good a time as any to start purchasing those Leap Options and building a...
ABBV has been on an epic blast higher and is Vertical off the monthly moving averages. Looking for a round number 180, 200 or into the extreme extension above 210. Shorts should be looking to build a nice position on this with time as it continues to extend. Short back down to the Discount zone.