Massive cup and handle pattern forming on gold and nearing the round 2k number once again. The previous two runs over 2,000 (August 2020, March 2022) were chased heavy by longs to only be trapped. If 2k breaks again people will once again pile into longs. The more shots bulls keep taking the more likely they will succeed.
After Powell's speech we seen a massive drop in indexes. Here is a nice head and shoulders pattern building if we lose 4080 we will see 4010 in quick order. 4k will be a huge psychological area for buyers in the recent months if lost many might start throwing in the towel. Its crucial bulls recapture 4225.
Something a little different than my main focus. Natural gas forming a text book cup and handle. Lets see if this will materialize into a bigger move.
Eth is holding on by a thread here at a big level. Crypto being one of the highest risk assets are more susceptible to decline as overall markets continue to deteriorate.
Fundamentals are not looking good in the market right now for the short to medium term. Here is a potentially bullish look for indices.
$F breaking out of a base here see what comes of it.
Netflix has been stuck in this range since July of 2020. A breakout out and monthly close out of this range could trigger a large move.
Tesla has been building a range here now for quite sometime now. Short term inverse head and shoulders here can test 780 which is the top of the range from February to now.
Small caps looking to make a move.
Nio trying to carve a bottom out here. Lets see if some momentum can follow on this trend break and test the 45-46 handle.
Really like this company a lot I suggest doing some dd. Had a big discount from the change in accounting for spacs and also part of ARK's portfolio. Besides those nuances I think this company has huge potential in the next few years in the genomics space.
Nice set up here Gold can catch fire if it breaks out.
I can't tell you how much it pains me to say this t1 .64 t2 1.00
Tsla winding up above 720 has big volume pocket.
ETH still laggingg behind btc. Truly an under performer for quite sometime now. USD chart looks ready to move ahead now 2250 and 2500 are my next targets with confirmation on this base break.
Nothing here to chart but I really like this spac has an incredible board. I suggest doing some DD here.