JerryManders

JerryManders

Still same idea as last post, but now we hae enough info to get more precise trajectory. Expecting red path and then continuation down to the lower portion of 12000-12400 range (red box) Expecting full breakdown of distribution structure by this Thursday 4/20 at 1pm (dark orange circle) Point target my May 1st is 12220

JerryManders

Drop to 12400s by mid next week Straight shot from here on a breakdown then rejection from minor distribution structure Can Find support in 12400s potentially, but not necessarily

JerryManders Updated 

Watch 297-303 for support, but likely headed into 280s by mid Feb. The overall setup is bullish but near-term bearish. I posted previous bullish ideas that all hit, so selling calls now and entering puts. MazzleToff

JerryManders Updated 

Expecting distribution around the 398-401 level through the FOMC and then begin drop Thursday. Downside target is 375 by March 31st.

JerryManders Updated 

Sell zone is 197-206, expecting it to turn back down after rejection at 201-202 tomorrow and then start move down to 150s. Could see 146-154 by early April.

JerryManders Updated 

Expecting 730-760 over next few weeks (likely 730, 1.27 ext. from prev. move), then drop to low 500s by July

JerryManders

The play here is near term puts for move to 140s, which is the black path. Best case scenario for longs is it shows sign of strength with move to 165 (green path) - in that case it would still need a Bu/Retest which eliminates significant upside risk, Worst case for longs is red path - move to low 130s, dead cat, then more down. Black path most likely case,...

JerryManders

Expecting 33-35 by mid april, alt path it gets rejected at 28 and comes back down. Black line was my prediction a couple months back (linked idea), blue lines are forecasted path and alt.

JerryManders

Expected target is 230-235 by mid April, then will bounce from there. There are a few possibilities: - Whipsaw long if bounces in low 260s in coming week - Finds support in low 230s in April, would provide base to make higher high later in the year (in 300s) - If downward pressure takes it below 222, it could see a deadcat bounce and then continuation down...

JerryManders Updated 

Expecting a sell off starting next week. Initial Target 216 by 2/22 Target 170 by 3/3

JerryManders

Heading down to fill 393 gap by early April. I don't see it getting above 448-450 here tomorrow and will likely start move down by end of this week. Watch 410-415 for possible support, but shouldn't stop it from dropping to 390s.

JerryManders

SPY at interesting place right now, near term we will see a bullish rest of this week with initial target 402-403\ SOrry for the lines lol

JerryManders

Initial target 309-312 by mid next week, then 319-322 by March 30th Could test as high as 325 About to start run today or tomorrow, likely in the next couple hours

JerryManders Updated 

This is an Update to my previous SPY idea - same target/time to target, just more simplified. After the last 2 weeks there is a lot of bearish sentiment but its really just finding support at wave 4 of a leading diagonal. The initial target is 408 in the next week or 2, and then goal target is 425-432 by late March-Early April. The symmetry in the waves...

JerryManders Updated 

Elon is angry and fully prepared to take this on a SpaceX rocket to 230s in coming weeks.

JerryManders Updated 

End goal is 506-510 by as early as April, but more likely May Near term there is a decision point at 434 that will at least be tested for breakout in the coming weeks. If it breaksout expect 450, then pullback to test 434 for support, then finally move to low 500s. Risk is definitely present with the possibility of filling gap down to 404.97; however, assume ...

JerryManders Updated 

INTU saw an SOS after accumulation going into earnings, then the backup retest. On the earnings beat it began its markup and is headed to 480s by end of March. After 480s it will need to retest 446 for support, if that holds it can continue into the 500s.

JerryManders

Expecting 27k by 3/9/2023 Then pullback to 20k by early April. If that holds it will indicate near term bottom is in and from there it should rally pretty strong.