$PFE slowly moving upward here and pulling back slightly today to retest the 50 Day MA to end the week, I have pushed back the date for Wave 3 because of how slow this is moving but that should not concern anyone, slow is good as long as the trend is clear and the trend is positive and a 5% divid...
2024-09-20 19:20:46 +0000 UTC
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$BIDU will finish the week at the 50 Day MA, there is no rejection here just yet but a hold at the resistance level.
HSI is performing very well and $BIDU is moving in the right direction but it has been a noticeable laggard, but I believe it will eventually catch up.
I encourage hold...
2024-09-20 19:15:43 +0000 UTC
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Some resistance here at the 200 Day MA, so I have added in the smaller green fib levels to show where support can hold during this pull back.
There is a possibility that a triangle can form here for the remaining part of this month but overall I am bullish on this set up.
$AMD is stil...
2024-09-20 19:11:06 +0000 UTC
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HSI has been simply fantastic and a chartist dream.
No surprises with its movement, respecting moving averages and important Fib levels, holding supports where it needed to and bouncing perfectly.
A clear test and hold on the 0.618 Fib, which was also the 200 Day MA, so we knew that t...
2024-09-20 17:56:29 +0000 UTC
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$SPY is red today but we can see on the chart that this is just a simple retest of the ATH breakout level at $568.
A retest and hold on this level and bulls are into a good set up leading into next week and I will speak about this during the Sunday upload of the $SPY and we'll do a recap an...
2024-09-20 17:51:51 +0000 UTC
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$ETH is high on my next buy list
Break above the 50 Day MA now which we spoke about yesterday and we just need a hold here and we have our next buy signal to add before moving up to the 1.618 Fib at $2753
We have a higher high and a higher low, holding above the 0.618 Fib and recaptur...
2024-09-20 17:49:39 +0000 UTC
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We can not ask for much more than this from Silver or a safe haven.
Just consistently moving with no surprises and during these pivotal macro influences too
We wanted a test of the $30 level and we have it now, if you have not added, it would be attractive here or waiting for a higher...
2024-09-20 17:47:11 +0000 UTC
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Ok we knew the pull back would need to come at some stage and it has likely started today, pull back has come back to the 0.38 Fib at $15.70 today, losing this level and we can assume that this pull back is a standard abc pull back so we would be looking for a hold between the 0.5 - 0.618 Fib bet...
2024-09-20 17:44:06 +0000 UTC
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Moving well today with the market and has consolidated nicely above the 0.618 Fib and the 200 Day MA.
Price is also above the 50 Day MA too.
Big resistance levels above at the blue line at $29.42 next, subsequently, a break above this level will mean a break out of this long channel t...
2024-09-19 18:31:21 +0000 UTC
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$COIN is reacting well to $BTC and cryptos movements and showing signs of a possible run up to the 50 and 200 Day MA's now too at $200.
It will all depend on how $BTC handles the 200 Day MA and the $69k level, a break above $69k for $BTC and I can't see how $COIN does not follow and complet...
2024-09-19 18:15:31 +0000 UTC
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$IQ feels like taking part in the festivities today and up +6.5%
Crucially though it is at an important level now retesting the channel from below, a break above $2.25 and holding and $IQ is in a better position than it has been over the last few weeks.
Ideally we'd like to see the 50...
2024-09-19 18:11:09 +0000 UTC
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Ok $ETH is starting to look very interesting now.
Price held the pull back level on the 0.618 Fib, making this a double 0.618 Fib support hold.
A higher high has been made today and the the price is moving quickly up to the 50 Day MA now at $2540.
$BTC is also showing some movem...
2024-09-19 18:02:41 +0000 UTC
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$AMD is at a pivotal point now as it tests its 200 Day MA
We added over the last month at $130, so we are sitting on tidy profits on our most recent add so we are happy to see this but a break above the 200 Day MA and the next test is a big one at $164.
Flipping $164 to support and I ...
2024-09-19 17:57:25 +0000 UTC
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$LYFT is moving towards the wedge breakout level we alerted in our last upload
Above the 50 Day MA now too, a breakout here at $13.10 and the 200 Day MA is the last potential resistance level before a potential run to the blue line at $21....or even higher to the First Target at $38.
...
2024-09-19 17:52:15 +0000 UTC
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$ABNB timed this break out perfectly and has catapulted higher and going beyond the 1.618 Fib, fueled by the market euphoria and is now at the 2 Fib at $130
I have added in the amber fib levels to show where a pull back can come to for Subwave 4, with the 0.38 Fib as always being the target...
2024-09-19 17:46:28 +0000 UTC
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$LULU is looking primed here to move higher after breaking above the 50 Day MA and making a higher high
After holding on a double 0.618 Fib
We have seen how successful this set up has been lately
1.618 Fib remains at $322
2024-09-19 13:37:25 +0000 UTC
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$AMZN is at $190 now in the PM and is slightly above the crucial resistance zone
A bullish wave can have no issue moving this higher to $200
We are not sure if Bezos still has a sell order at $200, ideally we'd like to see this gone
He may have played this beautifully, sold at $...
2024-09-19 13:15:58 +0000 UTC
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$BTC has decided to join the party, at least in the short term and is moving up to test its 200 Day MA now at $64k
A breakout happened here at this MA at the end of August but on the retest the level could not hold, bulls need to make sure this does not happen again
I spoke at length...
2024-09-19 12:57:54 +0000 UTC
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Impulse wave has not changed for $TMF, Gold and Silver pushing higher today is an indication that smart money is still buying safe havens and Bonds fall into this category, they have run very strong over the last few months, so a pull back is not a concern here
I would like $TMF to retest t...
2024-09-19 12:52:09 +0000 UTC
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Clear wedge breakout now, a break above its previous high at $228 confirms the upward trend to our Wave 3 target at the previous ATH level at $245 from 2021
It's been a long and slow grind for $IWM but it continues to look set to complete this impulse wave.
$228 is the last hurdle now...
2024-09-19 12:47:59 +0000 UTC
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Up +9% in the PM now after the strong display by the HSI and Chinese ADRs in the PM.
Strong bounce on the 0.618 Fib and when the price action is squeezed between the 50 and 200 Day MA, this usually causes a strong move, and this strong move is now to the upside
Price has now made a hi...
2024-09-19 12:11:04 +0000 UTC
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HIgher high is now made in the PM now, so the trend is confirmed to move higher and this is on track to move to the blue line at $52, Wave 5 is set at $56.59, so stick with this if you are already in and let the price run
$AFRM, $PYPL, $SOFI and $SQ could get a very strong wave of enthusias...
2024-09-19 12:00:57 +0000 UTC
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We have been incredibly sharp on this Silver chart and not missing a movement, when charts move in this strict adherence to support levels and Fib levels, we can take advantage
We wanted a retest of the $30 level and we got one yesterday with a retest to $29.91.
Price has bounced with...
2024-09-19 11:56:29 +0000 UTC
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I want to say that the worst is behind $HIMS and the ABC correction is complete but we do not have a pull back yet from this bounce to a higher low.
The price is up 5% now in the PM and looks like a test of the 50 Day MA is next before it meets any resistance at $17.75.
A remarkable b...
2024-09-19 11:50:53 +0000 UTC
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$NVDA is moving like a lot of positions in the PM now but the price is just at the 50 Day MA
It is unclear how the market will behave today, the obvious signs is some euphoria and there will likely be some chasing and fomo buying at the opening....there is nothing stopping a rug pull happe...
2024-09-19 11:46:25 +0000 UTC
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Finished up +2% today on the news of the FED cutting by 0.5%, it is unclear whether it is climbing as a flight to safety outside of the US or that every position right now is getting a bullish wave
We will have to see how the markets across the globe settles over the next few sessions
2024-09-19 11:41:40 +0000 UTC
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$BABA is at $88 now in the PM after a strong day in Asian markets and the HSI jumping +2%
This impulse wave 3 has been immaculate and there was a lot thrown at $BABA to potentially derail its ascent but the theory protected us and we stuck with this.
Wave 3's are typically quite stron...
2024-09-19 11:35:44 +0000 UTC
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$CARTs hold on the 0.5 Fib after breaking out of the bullish channel was not pretty but it held on the $30 level and then held on the outside of the channel.
Once the price was able to break above the 50 Day MA, it took off, came back for a retest and bounced higher again
$42 level at...
2024-09-18 22:34:54 +0000 UTC
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I see some people dropping the head on X today after $NIO dropped -7% but to us in this group, we know this is perfectly normal and getting to the 0.38 Fib.
$NIO fans online have had 3 years to learn how to read charts and if they are still struggling with a small pull back for potentially ...
2024-09-18 22:29:21 +0000 UTC
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Small pump and dump after the 0.5% Rate Cut was confirmed today but overall, if this is the initial shock and reaction and things start to calm after this for the short term, I think this is a stable reaction.
Very little difference has been made to the chart
Price broke initially out...
2024-09-18 22:24:52 +0000 UTC
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