HOOD has been doing some interesting things lately, and unfortunately its starting to look weak but also prime for a bounce if market is bullish! Below I have charted out what I believe is the key levels it wants to move towards dependent on market conditions. If VPVR is given up I believe next stop is 13.30, which could bring another rally, orrrr just continue to...
As we all have, I have been tweaking my spy pattern as we get through this crazy month. More and more everyday SPY seems to be self fulfilling this pattern. We can see on the two hour that the "head" of the H&S is another pattern within itself, further causing me to believe we are leading up to a massive drop. As we watch next week if the market continues to chop...
TER showing a pretty strong inverse H&S pattern nearing completion, tomorrow may be the run to the recent high of $163 if market is bullish and it stays above shoulder base around $160.50.
3M has been in a strong downtrend that I believe is just a long winded pullback but we're not there quite yet, right now things look bad to me, both short and long leading clouds are bearish on shorter timeframes with the long leading cloud about to change over to bearish on the weekly.
Wedge apex is coming to a close soon on BAC, time frame seems to be putting the break around tuesday open but any whale could pull it through Monday, keep an eye on this as these contracts move HARD
EEM is looking weak at the bottom of this range its been in for a few weeks, if market sell of continues we may see this break below 49/48.75 which is a clear break of the channel support. Next key level below 46.25, may see sell off to this level before prior bulls come in to defend.
The following is an analysis of MARA at pre breakout level, with BTC back on the rise and the mining stocks knocked down to oversold I believe MARA is in a very prime position to breakout of this inside range past 52.50 and up towards 56 before trying to reclaim prior levels.
TLRY has found a nice bottom at the 9.90 range and has almost created a perfect W double bottom and coming up on some key resistances it looks like it may want to blow past. Prior resistance at the 14/Sub 14 level
