stonks

quantguy

Stocks have taken another dive and are finding support currently at the 38.2% Fibonacci level, at 3339. The S&P has been slicing through technical levels without a single sign of a bounce. However this is a strong technical level and if this decline is to give pause, it would be around this level. We are due for a retracement, at least a relief rally, perhaps a...

snipdapipz

For those who saw my previous analysis I just realized that my initial count was most likely incorrect as there appears to be and extension of the corrective wave. Bottom appears to be somewhere between $11-$14 and a week candle close after touching that price zone would be great bullish confirmation. If you already own some the dip most likely isn't going to be...

quantguy

Stocks caught a lift off 3376. The S&P is likely to play the levels, since it has been ranging since the beginning of September. Don't expect any significant rallies until long after the election. Watch for resistance at 3427, a level which once provided support. The Kovach OBV has been quite bearish but it does look like it is levelling out. It is also...

ThinkingAntsOk

Today, we have a long setup to share. Here you will see a full explanation of the logic behind it. a) We always start on the weekly chart; we want to understand the main context. b) There we can see that the price has broken the previous all-time highs, and after that, a massive consolidation started c) Now, on...

ThinkingAntsOk

Today we have a long setup to share. Before starting, its important to say that this is long-term setups; this requires patience and the idea of waiting without observing. Let's go with the full explanation of this. a) We will start with the weekly chart. Pay attention to 2 items - The price has broken a long term ascending channel - Currently, we have a clear...

jay_charting

$JKS Short Setup at 84

Emanance

If 1929-1930 is anything to go by, about 5-6 months.

ThinkingAntsOk

Today, we will share a long setup; here is the full explanation: a) The price has broken a descending trendline after reaching a support zone and making a reversal movement b) Currently, we can see a corrective structure making a throwback on the broken area c) Based on that, we have set a long setup above the trendline of the corrective structure (check...

ThinkingAntsOk

Today we have a long setup to share. Here you will see a full explanation of it. a) We can see the price above a major Resistance zone now working as a support b) On that level, we have a corrective structure (ABC pattern), which is considered a bullish continuation pattern c) We don't have any major resistance on the way towards the all-time highs...

ThinkingAntsOk

Today, we have a long setup to share. Here you will have a full explanation a) We always start with the Weekly or Daily chart to see the most relevant area. There we can see huge support that provides us with a bullish context b) On the 30min chart, we can see the price above the weekly support zone c) There we...

amart11787

-DJI going to 44k over a 9 year economic golden era. =Major crash will occur in 2029, repeat of 1929. -Trumps going to win re-election -The idea will be invalidated if Biden wins. -Covid part 2 could stir things up. Market would honestly love it for more fake moonies. *Stonks only go up

quantguy

Stocks are feeling out the lower bound of the range they have been establishing for the better part of this month. On the larger scale, they have been ranging in general, waiting for clarification on a number of issues, including the US election. It is likely they will continue to find support in the 3400's unless something major happens. The Kovach OBV is...

Maikelmikkel36

Shell is already investing in green energy methods and is for me the leader oil company who can adapt quickly. I see a great future Shell. In the short term I see the oil demand coming back when corona decreas.

quantguy

Stocks caught a lift at the 0.500 Fibonacci exactly as we said they would. Hopefully some of you took advantage of this trade. Currently, they are facing resistance by a collection of levels aroudn the 0.786 Fibonacci level near the technically and psychologically significant 3500 level. This is likely to continue to provide resistance so watch for a small...

quantguy

As anticipate stocks retraced to the .500 Fibonacci level! This is something we have been calling out in the daily briefings for two days now. We need to keep our eye on Ghostsquawk AI to determine if the risk sentiment is risk on or risk off today. This is a make-or-break level for stocks. If they catch support here, we could see another rally, otherwise we...

quantguy

Stocks have wavered the past two days, potentially giving us the corrective phase we were anticipating. The Kovach OBV was very meager throughout this rally. It has declined precipitously starting at the beginning of that little corrective phase. The technical and psychological level of 3500 will provide support, but we still anticipate a bigger dip before any...

quantguy

The S&P keeps sailing up to higher highs. We are currently encountering some areas of resistance beginning at 3484. This rally does not seem to strong compared with the Kovach OBV. Thus it is likely to see a pullback really soon. We have about another 100 points before we will see new highs, and there are plenty of levels of resistance in between. It is...

quantguy

We anticipated a bit of a squeeze first, but stonks go up. At this point, we should see a correction to lower levels before they continue their ascent, but we live in a clown world with inflated values fueled by fed magic. The Kovach OBV has not grown commensurately, so it would be unwise to jump in at the top of this rally. Wait for the S&P to pull back,...