wolffarchitecture

wolffarchitecture

Someone once said, "The most bullish thing a stock can do is go up". However, in this case, the most technically bullish move BTC can make is to complete its lower-level correction (a-b-c). If BTC continues to gradually rise, it could suggest the formation of a higher level Wave C of B, which my turn bearish

wolffarchitecture

After DXY complete triangle up (3 waves) to 105, I am expecting a 1 year slide lower to support at 88

wolffarchitecture

Bulls not done yet, look like anywhere form 1 to 2 more wave 5 in the tank.

wolffarchitecture

This is what I see based on fractal patterns from the past: we are currently in the middle of a large five-wave triangle of distribution

wolffarchitecture Updated 

This seems about right, ITs good to have the FED let us know where the top is going to be. Once the rate cut happens (or no rate cut happens) big tech exhausts itself / the narrative changes and its about the election ?

wolffarchitecture Updated 

As long as we stay above 1.35 I think we going up to 1.5 or 1.55

wolffarchitecture Updated 

While price seems extreme bullish, (Yellow 1-2, 1-2,....), There is a potential ending diagonal count to be considered at this point. Either way Bull or Bear a slow down or consolidation seems likely.

wolffarchitecture Updated 

For those SPX Bears who have noticed the percent(%) of stock above the 50-day has been dropping from the beginning of 2024 and wondering … Why hasn’t the SPX been dropping as it typically does when this happens ?,....Unless SPX drops suddenly , here's the 2024 plan: First: If you have noticed this your way to smart and shouldn't be trading stocks (try landing...

wolffarchitecture Updated 

We are either at or 5% near the top. Dell has risen all on AI HYPE , earnings have been lack luster and do not support this rise/ technically overbought with divergence on all time frames. IMHO, This is a straight forward SHORT set up with stops above 85, or highest high. I think it will go lower at a minimum to test the previous ATH and fill the 55 ...

wolffarchitecture Updated 

Seen this before. short tern bearish need to go now, good luck

wolffarchitecture Updated 

Looks like we have , what is (by now) to be a familiar bottoming pattern . If your feeling like BIG tech is had its run an you want to rotate over this stock has always been a giver, when others were takers

wolffarchitecture

A daily close above 4330 would negate this short idea until a more substantial sign of weakness is demonstrated . There will be several support areas to unwind if market heads lower each zone will be an area to pause and pay particular attention.

wolffarchitecture Updated 

NKD!, Japan market reversal expected, soon /to a week away.

wolffarchitecture

USDCAD 8hr & 1 week fractals Expecting more upside on USDCAD based on the continuation pattern fractals on chart

wolffarchitecture Updated 

Admittedly a bit early to publish this before the market closes: (because market could inch up all day and into Monday), BUT looks like a potential bearish Gartley harmonic on the NAS ... APPL still looks as though it has fuel in the tank to 165. So do your own do dill...this is just an idea

wolffarchitecture Updated 

I'm thinking market is in a medium term (weekly) triangle pattern up. Daily short, Weekly long, Monthly Neutral. Looking for swing trades

wolffarchitecture

As I have mentioned before things "look" bullish and they are at leased until February option expiry. I still sense the market will eventually retest of 4,000 at which point the market can sink to new lows or complete a nesting wave 2 and move higher

wolffarchitecture

I am seeing a post FOMC drop to the lower diagonal trendline (@ 3950-sish), followed by a lazy recovery targeting a new high of the 4,175-4,200 ish areas (finally completing ending diagonal Wave C) Expecting this new top to coincide with the FEB 18th options expiry. THEN after expiry I'm looking for a larger pullback retesting of the 3.650-ish areas