INDEX:SPXEW wicking hard at the 2008-9 crash zone. exposure to mag 7 is significant risk. If you're bullish US equities, consider equal weight or small caps. The rotation is happening. Also tagging monthly oversold. Based on this TF, I might expect value to outperform over the next few years. This falls in line with our bullish asia international thesis as that...
NYSE:DIS is compelling. Has been stuck in this channel dating all the way back to 2014. Hard to imagine that if you invested around 2014-2015, you're likely still sitting around your cost basis, but I guess that will happen when you have zero direction. Broke through it's previous resistance ~ $100 after previous earnings and is down big today after a major...
not many are talking about the valid bull daily bull div that will confirm in a few hours. feels like this should run back up to range high at a minimum, but we think if we regain the pivot, then this should run up to r5, which is a little above $96k. y'all are likely panicking at the bottom.
NASDAQ:RIVN looks a lot like NASDAQ:COIN did last year. HTF bull div on 1M coming out of oversold. Think this is a long term hold, but even a 1yr tf should be fruitful. Not to mention, I love their trucks. Cool design, cool tech. gud car.
Love this macro HTF channel for FXI, China's large cap equity index. Range goes back to '06. The last two years has been the largest BB deviation since the index's inception. 73% to the channel topside EQ. We think China will outperform US markets over the coming years and this will mark a defining market bottom for China/Asia. I'll linlk the FXI/SPX chart...
NASDAQ:MSFT and $appl both look very similar to me, with a potential swing top forming. NASDAQ:MSFT has been held up with the rate inflation narrative that pump the mag 7 and now it's connection with OpenAI. The market has signaled a broadening over the last 6 months or so, with most of the remaining opportunity centered around value stocks. If this isn't...
there are very few charts out there that look as clean as RSR does on the weekly. huge volume cluster at the lows. 30x back to the highs and this could easily run much higher. ATH market cap was just over $5B.. $180MM market cap currently. Think at peak bull this could run to $+50B.
To pair with the USD chart from earlier, which I'll link, BINANCE:ETHBTC finally appears ready to break out of the downward channel dating back to summer '22. Successful retest of 3D RSI EQ, as well as the recovery of the pink zone. This channel is a thing of beauty, but we shall not miss it. Bigger and better targets await. ONWARD AND UPWARD.
CRYPTOCAP:ETH still looks full bull to me on HTF. Hovering right above previous major resistance, which coincidentally is right at the pivot. 5D chart here. Sill on bull side of RSI EQ and AO is inching closer and closer towards a full reset. We're eyeing at least $7k by November.
crv looks really good to me here, as it's lagged behind the market over the last year or so. showing really strength over the last three weeks. expecting a break out soon.
ethbtc has been in the never ending channel of pain since Oct '22, but we think that's finally coming to an end. successful retest and reclaim of the April '22 low (pink box). eth looks great here, which likely signals the real start of alt season.
We will continue to beat our fists on the table that Asia has bottomed vs US equities. simple chart here. FXI (China large cap index) vs SP500 RSI popping out of oversold on the 2M with a nice bull div. This is setting up for a multi year move. Likely at least the remainder of the decade.
no idea what OTC:PNGAY is, but following trend with some other asia plays we like. monthly wicking off support. if we can get a break above 3D rsi, this should really run.
baba might be the setup i'm attracted to the most. showing strength at the decade low. expected this to break the downward trend any time now. looking to the fill the gap up around $84 by eoy.
We're in this from a bit higher. Still holding. We think it's bottoming here. TP 46% from our entry. ~ 56% from here. Would love to swing a weekly SFP today for confirmation, but not really necessary. LTF looks good.
Been tracking this one for weeks now as we've formed a bottom and reclaimed support. We think across markets, we're seeing a macro shift away from speculative tech and towards value. TVC:SXXP (European SPX) could be forming a bottom vs SPX as well. What this over performance could look like remains to be seen. Could be more defensive in a downward move or if...
another stock that we have zero clue what it does, but chart looks perfect. weekly rsi broke to bull side eq. 190% TP from entry. could even run higher.
link looks weird. one of the strongest movers seince last sept, but looking kinda weak here. if we fall back into the range, i don't see any reason why we shouldn't retest the former range high. plenty of better plays out there than this right now.