The fractal I pulled from last march really seems a nice fit, its been following well since I've had this sitting on here for a couple of weeks.
Looked specifically for those big volume days we had, we just had the biggest volume day in QQQ on March 5th that we've had since the bottom of the crash last March so that's where I looked to pick up this fractal.
TLDR bbby going bigly beyond
Measured move from previous run up 120% brings us up beyond previous resistance around $45 from where we are now
Previous run up saw the largest volume bar entry BBBY has ever seen followed by 15 bars on the weekly chart or 69 bars on the daily before blast off
This time we have had again the largest volume bar entry ever bigger...
Nice rising wedge, gap fill to resistance continue the wedge before take off
It’s a China crypto company, the two biggest types of scams around, China financial accounting, and crypto, effectively guaranteed to moon before the crash
Let’s go bulls!!!
FMAC HPI Housing price index is interesting to look at versus the money supply.
Both are always increasing and fairly predictable since 2012.
The HPI tends to follow this ebb and flow moving up all the time, until this year where we haven't seen it's typical plateau.
When you check the money supply trend, M2, we can see that if we follow the trend going back to...
I started looking back for areas in time where the volume profile specifically looked very similar.
We've kind of got an interesting volume profile going on right now with recently almost all buying volume and a very clean diminishing buying profile followed by a sudden approximately double selling volume from the next most recent candle.
I pulled those...
261% extension from top to bottom, fits the general channels there also conveniently, and some fractals fit this move also, but none tightly enough to leave on the chart.
You could also draw from the big pull back in September a somewhat symmetrical triangle, getting ready to break out 👌
Let’s boogie !!
Check the fractaloid there, fits nicely in our new bullish channel
Couple gap lines of above for resistance
Makes sense to correct at election anyway for the uncertainty of who's the new winner
Nasdaq 35,000 or bust!
Just one possibility, a tremendous possibility..
Got my hat on
FNGS the concentration of the bigliest 20 or so tech stocks, minus a couple they're randomly missing. But these are the big boys.
Nice little duplicate arrow there
Nice little dirty head and shoulders
In a good channel right now, volume declining, like it usually does in uptrends with the preceding day big spike in buying volume which we also had.
Will we see it play like this, conveniently right up the middle parallel channel of the big trend?
Will we see new all time highs as soon as early November?
With a nice Christmas correction like we're all used to by now?
Lets do it!!!!