BINANCE:SHIBUSDT Long Shiba as long as it stays within the sky blue fork. Targets along the way are noted by the 0.618, 1.0, and 1.272 fib extension levels.
NASDAQ:TLT [/symbol TLT has bottomed. Big Money accumulated over the past 3 months. The bear trendline that has held price for the past year has just been breached on massive volume. Ichimoku Cloud = Buy For the purposes of this idea, I've selected the 50 or 61.8 Fibonacci retracement level as targets. However, I believe price will continue to rise in the...
KUCOIN:SOLUSDT Solana just put in Waves 1 + 2 in the form of a bull flag. Wave 1 Impulse, Wave 2 = Zig+Zag + Triangle Correction. Wave 3 is just starting. Wave 3 Projection = 1.618 extension of Wave 1 = $20.38 Wave 5 Projection = $24.86 which is also the 50% Fib retracement of the Pre-FTX high to low. Wave 5 is roughly a 0.618 extension of the projected...
NYSE:SQ SQ has broke out of the descending fork without reaching it's Median Line and has broke above the Trigger-Line. The next logical target is the "C" Pivot level ~ $93 Fat_Fat
AMEX:SPY SPY is at a pivotal point. Right underneath the upper parallel of this confirmed Pitchfork . (Purple) This idea is conditional, only if price cannot manage to break out of the Primary Pitchfork . IF..... If SPY can't break above the (Purple) Larger Primary Pitchfork , it's likely to head back down to the Median Line . The (Yellow) Minor Fork shows...
NYMEX:CL1! Long Crude Oil. Crude is turning up. Momentum has been building Bullish Divergence since June! The daily Ichimoku Cloud has just shown a "Buy" signal, and the Weekly MACD is about to cross the signal line. (Screenshot below) In addition, price is just breaking out from an Inverted Head & Shoulders Pattern. (Screenshot below) After perfectly...
AMEX:URA URA, the Global X Uranium ETF has completed the first wave of an impulse move, and is in the process of completing a Wave 2 correction. Wave 2 appears to be a complex correction consisting of two corrective patterns. (Zig-Zag + Triangle) The triangle is still in the process of completing it's structure. (I also want to note the possibility that wave...
AMEX:SPY SPY broke the fork and the trigger-line. DMI crossing bullish C Pivot next. Target = $412 Fat_Fat
NYSE:PLTR *This is a long term investment idea* It's not a bad idea to start buying (& holding) Palantir down here. With all the geopolitical tension in the world at the moment, the demand for their services should keep growing for the foreseeable future. They have a stable stream of revenue from government contracts, along with a growing commercial...
NYMEX:HO1! NY Heating Oil Relief I just filled up the heating oil tank. $4.40 per gallon for 200 gallons = $880 delivered to the Fat_Fat residence. Pre-Covid it was half that price. Imagine being in Europe this winter..... Damn. Hopefully we see this big "C' wave down. Targeting the 0.618 fib at approximately $2.35 My fellow New Yorker's need some...
NYSE:GM GM Weekly Fork-Waves It looks like GM is about to enter Wave 3 of a larger-degree Wave 3. This goes against the current market sentiment. This is valid as long as the July low at $30 holds. Fat_Fat
AMEX:SPY This idea is a reminder to myself to keep it simple. Divergence + Trigger Line Energy Point + Fib Confluence Right now we're in No Man's land, which is not great considering I dumped my long position on Thursday. #Transparency If we get another retest of that lower ML-H, that's a great spot to enter long. (Yellow Oval) I'm hoping to get another...
AMEX:SPY Near term SPY rally to 400 0.618 Fibonacci + (ML / ML-E / ML-H) Energy Point + Divergence Fat_Fat
KUCOIN:ONEUSDT Quick Short Idea, Harmony primed to dump to the ML.
AMEX:IWM This isn't a prediction. In fact, I think a full retrace is unlikely. However, I want to leave it as an idea to see how the chart unfolds.
AMEX:SPY SPY has perfectly tested & wicked off the 200 SMA and trigger-line of the descending (red-dashed) fork that held price from late March through July. Upon testing the trigger line, SPY is starting to show some bearish divergence on sub-daily timeframes. If this trigger-line manages to hold, I'm expecting a move lower to the new (yellow) fork's median...
NASDAQ:QQQ Very simple chart... QQQ broke up out of the original fork (Yellow). Price appears to be stalling out at the trigger line (Yellow-Dashed). In addition, I plotted a warning line, using the 2.0 extension of the fork's median-line parallels to show another potential resistance area. (Yellow-Dotted) Assuming that the Q's fail to sustain the rally...
NASDAQ:NVDA NVDA running into the U-MLH of this fork, in addition to showing bearish divergence and a Bearish RSI swing rejection on the 30m timeframe. I'm expecting a drop back to the lows, or potentially further to one of the lower fibs .702 / .786 (Covid Low to Market Peak) It's a wide target area but I'm hoping to take profit on the next test of the...