frodo75

frodo75 Updated 

trend lines resisting. with overall weakness expected today, i see support near 11400 trendline.

frodo75 Updated 

let's see if we get the retrace as per arrow.

frodo75

Bearish Bat. Excellent ratios. Let's follow it.

frodo75

Here is a picture perfect chart pattern. Let's see how it does today!

frodo75

look for retrace = XA from D. harmonic finished if tape higher than D.

frodo75 Updated 

Gartley and Butterfly are very popular harmonics and are more likely to occur. There is a lot that needs to be done to form the tape into a butterfly. So, if this is what the tape paints, you will have your butterfly.

frodo75 Updated 

A harmonic pattern and a channel from feb this year are aligned together validating each other's targets.

frodo75

Clearly, the action since september shows a retracement in TSLA. It also show inability to climb higher. Chart clearly shows a downward trending "resistance" line. It also shows that the upside trendline was broken and failed test. TSLA has lost AVWAP a bunch of times but this time it is breaking it in concert with a lot of other failures. If Russell keeps rising...

frodo75 Updated 

Option 1: we are at 0.618 retrace of the slide from ATH. We also have candle stick reversal pattern. Monday should open or at least close in red with further weakness in the week. Option 2: we climb up a bit to finish D and paint a bearish BAT harmonic pattern. Excellent ratios for it. Then we drop from there. The drop from D = length of XA. The XB fib fits only a...

frodo75 Updated 

At around 340, when I was anticipating a crash, most were bullish looking at ATH. By 310, we will become bearish enough to cause the market to reverse course. There is no magic in this assessment. The market is controlled by Big Money and they monitor the current "bets" of retail. They let retail pile on in one side and then reverse market to harvest. 310 would be...

frodo75 Updated 

I am expecting this wedge/triangle to finish painting by a push to the downside to finish the "e" leg. Normally, the "e" leg should travel the entire distance to where it is supposed to meet the lower trendline. However, the algos and retail can see this forming and will front-run this pattern. We may get a max .5 fib of the "d" leg that finished before they take...

frodo75 Updated 

Maybe. Barely half is done. Let's follow and see.

frodo75 Updated 

should be ready to fall by open tomorrow? maybe midday? certainly a target for bulls to achieve and for bears to defend.

frodo75

SLV to climb higher and higher. We are in an upswing and it should continue for a while.

frodo75 Updated 

corrections in strong bullish market can be difficult to judge. The B wave can retrace almost the entire length of A wave. B has retraced about 0.886 fib by now and would be a good point to reverse course as C wave.

frodo75 Updated 

covid

frodo75 Updated 

i expect market to start crashing like feb/march or sept starting one of the next 3 working days thus, fri, mon.

frodo75

well proportioned.