Keeping an eye on TLT, considering the way treasury yields have been moving. This could get ugly.
Keeping an eye on QCOM as it tries to break out of its multi-year down channel. Keeping an eye on that 131 area, but considering past-earnings and the hype on semis, this could follow closely with INTC, if the market continues to avoid selling off.
XOP getting interesting on the back of a possible 2nd half oil push and companies such as Chrevron beating earnings expectations. See: USOIL: Gasoline:
Watching TGT leading up to earnings. This looks bottomed and expecting good earnings based on the inflationary trade. Interested to see the price action as earnings approaches with the number of gaps on the chart.
INTC following the channel, if market continues moving the way it's moving, it has a decent path to revisit 40. Considering recent performance from the semi's guessing this should join the group soon. Let's see if it starts moving while the rally is still going. Crazy to see moves from the likes of TSM, NVDA and AMD relative to INTC.
DD inverse head and shoulder, forming a handle of a 1+ cup/handle. I want to see how DD reacts if it posts expected-or-better earnings in August. Considering past-earning, where DD hasn't missed since Q4 2020 (per TV data), I expect volume to pick up over the next week of sessions.
PATH another one of ARKK's darlings. Guessing if ARKK continues its hot streak this is another that looks bottomed with some time before earnings. Publishing chart to keep an eye on it.
Posting this to track the progress in the Dow Jones futures. Currently forming a rounded top, expecting it to behave like a rising wedge. If you expect this to go bearish, don't be surprised if we get an overthrow before it breaks down. If it does breakdown, this forms a perfect double top. If this breaks out and sustains the breakout, look to the following time...
I'd previously published my idea on BTC, which has been decently accurate over the last few months. But this fractal has been in mind as of late. Not taking this too seriously but definitely want to see how closely it follows a 2020-style flash down. For reference: my serious btc idea:
Publishing the MTUM chart to track. This has been the true tell of the market over the last few years. I like to keep an eye if both the SPX and MTUM go red together to confirm the strength of any move to the downside.
Publishing another SPX chart to keep track of how this wedge plays out over the next few weeks. May 19th is a huge options contract expiration date, so I would expect increased volatility around that time. Other than that, the stock market has been stuck in this range since falling out of peak. Now remains to be seen how it reacts to the bank turmoil + the end...
Southwest airlines, been on a big down trend, approaching a pivotal price area. Publishing this to keep an eye out for the coming few months. My expectation is for this to do a mini-dead cat bounce before revisiting the low 20s.
DJ:REIT Looking like it's forming a head and shoulders. With the added interest rates hike shocks, it's only a matter of time until REITs get hit, most importantly commercial real estate. The chart does not paint a pretty picture, but considering the way this market has been behaving, I wouldn't be surprised if we see some crazy shit happen, before reality...
Keeping an eye on RNDR . If the crypto market keeps going up, expecting this one to be one of the better performers.
Looking at the SPX looks like it's about to take a quick leg up. Expecting it to top anywhere between 4005 and 4065, where the yellow box is. That forms the right shoulder and tops the market for now. Previous SPX idea:
Publishing my chart on Lido . This rally was setoff by the liquid staking hype and it'll be a good indicator to the direction of the market. Keeping an eye out for this one.
Posting my idea on Wells Fargo . WFC fell out of the it's channel during the recent price volatility hitting bank stocks. Guessing this recovery stalls out over the next few days before it continues down. I would not be surprised if we see near-$30 WFC. A few price areas i think we see interesting price action in lime green lines. Note : Zones drawn in the...