Description: In the chart above I have provided a semi-macro analysis of SPY that compares ongoing market rally and past rallies within the range of 420 & 360 Points. Points: 1. Price Action is fast approaching 420 Resistance that has been indicative of a turn around for past 4 rallies that failed to break the 420 LEVEL. 2. First 2 rallies under the 420...
DESCRIPTION: In the chart above I have included a macro analysis of AAPL & its congruent relationship with the S&P 500 INDEX. AAPL is to be consider one of the major players when it comes to overall US MARKET PERFORMANCE & is the reason why understanding AAPL's price action momentum is so vital. POINTS: 1. AAPL channel deviation where liquidity usually occurs...
DESCRIPTION: In the chart above I have included an update on a MACRO analysis of VIX VOLATILITY CYCLES. The creation of a set of new cycles is marked when VIX finds a new floor of support. POINTS: 1. Deviations have been adequately adjusted for VIX with a 7 Point difference between CHANNELS. 2. Price Action is currently resting at NEW FLOOR of 19 & Price Action...
DESCRIPTION: The following chart is an micro analysis based of technicals & current PSNY US TOUR that can soon prove to be a bullish catalyst for the next big bounce. POINTS: 1. Deviation between Supply & Demand Pockets remains at 1.50. 2. $3.25 is CRUCIAL SUPPORT THAT MUST HOLD. 3. Break past $4.00 threshold by April 19th is necessary for bullish case to take...
DESCRIPTION: The chart above shows a relationship between KBE & SPX which is important for the current ongoing banking issues. KBE is a BANK ETF that reflects the overall performance of the banking sector in the United States. At the moment there is a major discrepancy between KBE & SPX value. Normally there is a consistent relationship between the banking sector...
DESCRIPTION: In the chart above I have provided a MICRO ANALYSIS of the VIX INDEX which represents volatility in the overall US MARKET. This is a short term play for this week based on micro volatility cycles. POINTS: 1. Deviation in critical thresholds is 4 points a small adjustment from previous VIX charts published as volatility adheres to this more...
DESCRIPTION: In the chart above I have provided a simple MACRO ANALYSIS on current bond market meltdown where the US02Y dropped nearly 25% within FIVE TRADING SESSIONS. POINTS: 1. US02Y deviation is simple & marked at every 1% difference as bonds rise and fall within the same range percentage therefore it has a rubber band like price action relationship with...
DESCRIPTION: In the chart above I have provided a Semi-Macro analysis of NIO. As previous chart setup became invalidated with the decline of Price Action a strong support was confirmed at 8.50 Points, the same Support that gave way to further uptrend when touched on Oct 25th 2022. Despite invalidation of past Chart Setup CYCLE ESTIMATION was fairly accurate. ...
DESCRIPTION: In the chart above I have provided a MACRO analysis on NQ1! which runs a similarly distinctive path to SPY, SPX, & ES1!. This chart is designed to create a clear separation between periods of volatility and shift in momentum. Each cycle beings and ends in the given order of OVERSOLD to OVERBOUGHT to OVERSOLD. POINTS: 1. Deviation of 900 Points per...
DESCRIPTION: In the chart above I have provided a SEMI-MACRO analysis of VIX a volatility index on the 4 hour timeframe. This is a brief update on VIX as we have had some interesting momentum taking place. POINTS: 1. Deviation of 7 points continues to stand and justifies Supply & Demand Pocket Placement. 2. RSI is currently OVEREXTENDED but PRICE ACTION...
DESCRIPTION: In the chart above I have provided a MACRO analysis of ES1! a future INDEX on the daily timeframe. POINTS: 1. Deviation of 250 points would justify placement of SUPPLY & DEMAND POCKETS. 2. Pennant Formation 3. Current CORRECTION FALL is roughly 5.55% falling short by nearly 5% when compared to other CORRECTION PHASES. RSI: Since the inception...
DESCRIPTION: In the chart above I have provided a SEMI-MACRO analysis of VIX. I have decided to reduce the number of BARS that it will take for the Volatility Index to see its next price action cycle with past cycles lasting up too 250, 300, or 375 BARS to complete. With current price action trajectory and support it appears 250 BARS would be the most suitable...
DESCRIPTION: In the chart above I have provided a SEMI-MACRO analysis of NIO STOCK. As an update to my previous chart on NIO this chart features a much more clear interpretation of where price action can head in the near future. POINTS: 1. Deviation remains the same. MACRO DEVIATION = 10 POINTS, MICRO DEVIATION = 2.5 POINTS 2. Current Trend: Symmetrical...
DESCRIPTION: In the chart above I have provided a SEMI-MICRO ANALYSIS of PSNY. With previous setup being invalidated with continuation of sideways price action and continued consolidation. POINTS: 1. Deviation of 1.50 points justifies SUPPLY & DEMAND POCKET PLACEMENT. 2. RSI has now officially reached 40 threshold signaling an entry into OVERSOLD TERRITORY. 3....
DESCRIPTION: In the chart above I have provided a MACRO to SEMI-MICRO analysis of AMD's price action. With a large amount of history backing AMD's price action and overall impact on economic factor I would personally consider AMD to be a MARKET MOVER. POINTS: 1. MACRO Deviation: 13.75, SEMI-MICRO Deviation: 6.8 2. Current Uptrend Channel 3. WATCH 45 MA SINCE...
DESCRIPTION: In the chart above I have provided a detailed MACRO analysis of AAPL laid out in its MASSIVE MONTHLY CHANNEL of 180 - 123.75 that has been held since DECEMBER 2020. Out of 8 massive US market movers AAPL was the only one to hold a positive position at market close on Feb 3. IMPORTANT LIST OF US MARKET MOVERS: AAPLE, COSTCO, NVIDIA, FACEBOOK,...
DESCRIPTION: In the chart above I have provided a semi-macro analysis of MULN a penny stock that has seen a continuous drop since IPO after hitting record highs of roughly 1200 points but now down to penny stock territory. POINTS: 1. Deviation of 0.2000 justifies SUPLY & DEMAND POCKET PLACEMENT. 2. Symmetrical Triangle Formation 3. ONE LAST TEST OF 0.3200 CAN...
DESCRIPTION: In the chart above I have included a MACRO ANALYSIS of LUCID that focuses on RSI AND MACD behavior in past SHORT SQUEEZE scenarios along with information on current trend and supply & demand pockets. POINTS: 1. DEVIATION of 6 POINTS hence SUPPLY & DEMAND POCKETS. 2. DOWNTREND CHANNEL STILL IN PLAY UNTIL CONSOLIDATION IS CONFIRMED. RSI: When it...