Zodiac-Financials

Zodiac-Financials

SPY opened up lower this morning and tested the $444 support. I personally almost thought it would fall, but buyers stepped in to confidently rally SPY to close at $448.11. Had some nice yet cautious scalps along the way. In the 1 hour timeframe here, my script has painted a regression channel that is pretty accurate. At this rate, we could see a run up to at...

Zodiac-Financials

SPY has shown amazing strength this past few months. However, seems like it is about time we have a deeper pullback before running higher. AAPL and META are stocks that I also believe will head lower, coinciding with SPY's current pullback. In the regression channel painted, we can see the the levels are well respected from my algorithm. SPY has fell through the...

Zodiac-Financials

As in my last publication, the falling wedge played out beautifully as DIS rallied with amazing strength, amassing +4.8% yesterday. The option contract I recommended and alerted was up big time. However, today had a major sell-off (coupled with PPI data release) that looks like a retrace to test the upper trendline. A good bounce near the upper trendline of the...

Zodiac-Financials

On the larger timeframes, DIS is painting a beautiful falling wedge (bullish) that is lined up with a highly-anticipated ER coming up on 08/09/2023. It is also resting at a huge and major support from 2015 at the $85-86 range. Ideally, the bullish idea would be for a great ER that will allow DIS to break out above this falling wedge for a run. You can anticipate...