TSuth

TSuth

I read in an article today that Musk is suspending most operations at the Giga Berlin factory due to the conflict in the Red Sea. Will this affect the count? It's very possible. When you're dealing with the indices, these types of things don't matter near as much because you're exposed to multiple different companies. In this case however, we're exposed to just...

TSuth Updated 

On the micro's Rivian has some serious positive divergence. As said in my last post, I believe the bottom is in for this wave 2. We don't have confirmation yet though, so we could technically make OML toward the 0.236 yellow fib @ $18.66. If that were to happen, I would expect the drop to be swift as well as the move back up. Confirmation doesn't come until we...

TSuth Updated 

In my last post I alluded to the fact that Apple had in fact topped and we were starting our trek to the downside. I mentioned that we should hit the 1.618 area and then bounce for our next b wave. Well, we dipped one fib lower and tagged the 1.786 before we started to retrace higher. On the chart I have labeled the next target area to conclude this b wave before...

TSuth Updated 

We began this retrace on 29 Dec of last year and thus far it has been pretty standard. This b wave we are in is one of two things, over or complex lol. We did tag the bottom of my upper target box, but just barely. Technically speaking we could be in our wave c of (4) right now, but due to MACD and the structure price has carved out, I believe we are still in C...

TSuth Updated 

We are definitely getting a reaction off of this 0.382 as predicted, but it has been lackluster at best. Judging by price action I feel this has still been part of our a wave. If this is to remain standard, then we need to bounce towards the 0.236 fib retracement @ $246.22 and soon. This doesn't mean it is required by the count. These are just standard moves that...

TSuth

Just wanted to update everyone on the moves AAPL has been making lately. It is still following my path drawn out for it. If it is to remain standard, then I want to see it tag my target box drawn. As you can see on the chart, there is a decent amount of fib confluence around the $192 area which is where I think this move is likely to end. Once we begin to drop...

TSuth Updated 

I think we finally made our bottom for wave 2 today. As you all may know, I bought an additional 7 calls to bring my total holdings to 10 calls and 450 shares. There are a few signs telling me this has most likely bottomed with a main one being MACD. If you notice, there is a line at the bottom that it DID NOT breach. Now, it could turn around and head lower of...

TSuth Updated 

As the title suggests, this post will be playing devil's advocate and make arguments from both a bull POV as well as a bear POV. My primary count is labeled in white with yellow/blue fibs. The turquoise lines represent my 1st ALT retracement fibs, and assumes we are starting the next c wave. The orange count assumes Super Cycle wave (I) has already ended. The...

TSuth Updated 

I don't have much to add from my last Coinbase update. The last trading day was pretty lame as not much happened. We did enter my target box so b could be considered complete at this time. I wouldn't be surprised if price raised into my box again for a deeper move up to the 0.618 blue fib though. That is not required, just something that is possible since our last...

TSuth

In all the different tech stocks I have been looking at, most of them appear due for a steep correction. This coincides with my thesis for the various US indices too. Looking at this chart Amazon looks like it needs OMH into the 1.618 @ $158.94 to complete wave ((B)) but that is not required. If you are long this thing you are taking huge undue risks for...

TSuth

Not much to add in reference to Gold. It is still following my path higher into the target box. Thus far it appears its wave 1 of (5) is complete and it is starting its sub-divisions of wave 3 of (5). If this is correct, it would coincide with the drop I am expecting with the indices. It is by no means a requirement for gold to rise when the index's fall but is...

TSuth Updated 

The title presents a very good question. IMO, according to the count/structure we are in a new bull cycle for Rivian. They are in a huge growth cycle for their company. The only problem I see is the overall state of the global economy. This goes for all companies because if people hardly have enough money to put food on the table, they aren't going to go out and...

TSuth

Yesterday, I called for us to drop to the 1.618 area and bounce higher for our b wave retrace. We dropped slightly under that just shy of the 1.786 fib. Price has since started to move up and looks headed for my next target box for b.  After it carves out this retracement, I can then dial in targets for our c wave. Nothing is confirmed yet but looks to be...

TSuth Updated 

Some of my posts contained some contraband and were removed. The text has been removed and I am just re-posting so y'all can still see the other information. In my last post, I alluded to the fact that wave (i) could already be completed. This appears to be the case. I wanted us to hit some higher fibs, and we don't yet have confirmation, but structure looks to...

TSuth Updated 

Some of my posts contained some contraband and were removed. The text has been removed and I am just re-posting so y'all can still see the other information. This move down has been very swift so far, as in dropped over $50 in less than a week. At this time, I am labeling it as a wave of (4) with wave b starting this morning. On the chart, I have a smaller...

TSuth Updated 

Some of my posts contained some contraband and were removed. The text has been removed and I am just re-posting so y'all can still see the other information. As the title suggests, this is the next question we should be asking ourselves. Again, the structure is what will tell us this. The move up we got yesterday from $19.66 was clearly a 5-wave move followed by...

TSuth

Some of my posts contained some contraband and were removed. The text has been removed and I am just re-posting so y'all can still see the other information. Today was the perfect example of why we track ALT counts. Had we not looked at different counts, and only planned for a raise in price, we would have been caught with our pants down. Due to this we weren't...

TSuth

Some of my posts contained some contraband and were removed. The text has been removed and I am just re-posting so y'all can still see the other information. As the title suggests, I am left wondering if wave (i) is done or if we will get the OMH I have been calling for. If you recall from my last post, I said I would like to see another high into at least the...