For this to occur I'm assuming its a much weaker jobs report that will excite the market that inflation is largely behind us. Then earnings disappoint and the real fun begins.
Doesn't get easier than this set up. Shorts are too crowded. The risk/reward for out of the money calls are outstanding. 10K = 350K If 2nd Target reached by April
B Wave's New Algo is nearly complete and de-bugged. It kicked this chart out for ES Mini Futures thru mid Feb. I would question any chart that doesn't closely resemble this.
430 by year end. 330 will be a nose dive free fall as the dollar rallies for 2 months. Then back to 430 by summer.
A case for new all time highs? In the W3 - W4 of WC of an expanding flat. C>A in most cases.
pretty clear we are in final stages of ending diagonal. I believe we will finish next year with a blow off top, ED.
Short WMT here. Long term support is broken and being backtested. Tough to break thru once out. SImilar to CVS and other DOW stocks.
SHORT HERE. Triple Top Reversal. Bearish Divergence. At all time highs. Missed earnings terribly.
Downward ZZ/ Finishing up 3, more downside to come
Closely resembling a triple zig zag pattern. Finishing it up now. Does Wave 5 now begin? TIme will tell.
We should see a 50% rally by year end. 148 is the 50% retracement of Wave A, completion of expanding triangle, and wave 4.
ALmost missed this sneaky support from covid low. But should hold and get a bounce to E of the expanded wedge. This leg of triangle can be truncated, so as shown, 15% - 35% is possible. Trim at 15%, and send me a commission check.
Per 5 hole theory , this support is good for another 2 bounces minimum. 20% or so by year end.
Had a dream last night. This is what the stock did over the next year or two. Had to chart it and see if it happens.
With the triple zig zag correction nearly complete, we should see XLC rally into year end. Red line resistance is clear (5 hole).
AAPL appears to be setting up an ending diagonal here. We should see the 120-125 area before year end.