The Long Investor

$ETH

I am not a candles guy but if you ever want to see a candle...this is what you want!
An explosive bounce off the 0.78 Fib (which was also the 200 WMA) through the wedge top line and above all the previous highs going back as far as August.

Price is right at the 150 Day MA at $2812 right ...

$PLTR TOP 20

$PLTR has gone parabolic now and in my last upload I said that there is no clear Wave 4 or anything that remotely looks like Wave 4....so we must assume that it will come soon and since $PLTR is going parabolic now, we must still assume it is in Wave 3 (with the absence of Wave 4) and parabolic m...

HSI

The HSI looks ready for China to make this Fiscal announcement

I am not seeing any wild swings or concerns from weak hands here in the market

Price has comfortably held on the 0.5 Fib, has consolidated and made higher highs and high lows and now above the 0.36 Fib, having found suppor...

$ETH

No EWT, just indicators.

1. RSI showing a reversal

2. MACD showing a reversal

3. 200 WMA holding support

4. Pull back held exactly on the 0.618 Fib

It's been testing but the set up is there.

$EL

Continues to drop and has not broken out of this very abrupt harsh looking descending wedge.

The 0.618 Fib is lost now at $87 and it looks like they are in the same dilemma as $SMCI but in fact their chart is worse looking

Probably very unfair to be this low.....which to me may mean t...

$MSTR

Like clockwork, pulls back to test the First Target as a support level, holds and then bounces and reaching now for the Second Target at $277....which appears to align with $BTC reaching for its 1.618 Fib at $77k.

I would expect a further pull back after $277 is tested....likely back down t...

$SPY TOP 20

I always try and cross check my work by looking at other correlations on Technical Charts and the repeated movements here are uncanny.

$CL - SAFE HAVEN -

All safe havens are moving in sync right now and I believe $CL is going to be another that will offer an amazing opportunity soon.

A pull back to the blue support line is what we want to see at $86 and holding here for support, if support can come , then we have our buy signal to add for th...

$CLSK

$CLSK is up +19% today after holding on the 50 Day MA which is very similar to $COIN, there is one clear difference here however

We can clearly see that Subwave 4 infringes below the Subwave 1 area, this is ONLY allowed in Wave 1 of a new Impulse Wave.....so this means:

1. $CLSK needs...

US 10 YEAR

The 10YR is running rampant and putting enormous pressure on bonds ($TLT)
I have a full lesson on the correlation between the two in Lessons in the Collection folder so if you have some time, please review.

The 10YR retested the 200 Day MA from above and held, then bounced very aggressiv...

$KO - WATCHLIST -

$KO is presenting a very nice opportunity here after rejecting at the First Target pretty hard and pulling back now to the 0.5 fib at $62.

Price is also below the 50 and 200 Day MA too and we can see that there is a red support line that cuts through the 0.5 - 0.618 Fib levels at $61, anoth...

$PG - SAFE HAVEN -

$PG is a Safe Haven that many wished they had added when the price broke out of the ascending wedge in April at $160 and stormed up to the First Target like clockwork at $177.

Following the Trump victory and the bullish market sentiment now, $PG has pulled back with the other Sahe Havens to...

$CCL - WATCHLIST -

$CCL continues to look very strong as it aggressively moves up our Wave 3 trajectory.

If you are lucky enough to get a retest of the breakout level at $20 and it holds, it is a very clear buy signal to catch the bounce to our Wave 3 target at $32 at the 1.618 Fib

I do not see any othe...

$QQQ TOP 20

The $QQQ has made an intraday 52 week high but may not end the day above the green line at the ATH level.

I do not see this as a rejection, I see this as the first attempt and breaking above this level....similar to that of $AMZN knocking on the $200 level.

Bulls want to flip $503 to ...

$OXY

We have another test and hold of support on the $50 level, on the 0.5 Fib now.

There was some concern leading up to the election that if Trump won, the $50 level would be lost and the 0.618 Fib would be in play at $42....this concern is now reducing as time goes by.

No reversal just y...

$BTC TOP 20

Higher highs and higher lows, a retest of the bullish channel and a strong bounce when it was clear that Trump was going to win.

For some this was difficult but on the chart, it was not showing much concern.

Price is moving towards the 1.618 Fib at $77.2k now

After this point, t...

$GOOG TOP 20

$GOOG is doing quite well in the PM, in spite of Trump mentioning his disdain for them on the campaign.....he believed they were deliberately withholding positive news articles about him and were slanted positively towards the Harris Campaign.

We can see on the chart that there is a bounce ...

$BMBL - REPORTS AH's TODAY -

I highlighted this chart the other day to show that this was moving towards the breakout level as it leads to its earnings report later on today.

A break and hold above $7.50 and a clean $BMBL earnings, with an increased in net margins and $BMBL has a move back up to its 200 Day MA at $10.<...

$ELF - RC -

$ELF chart is almost identical to the $CELH chart, Double Top followed by a harsh decline down towards the 0.618 Fib

$ELF is still under pressure here, they release they earnings report later after the close so this may be the catalyst to turn this around.

The level that needs to be ...

$COIN

I am not going to lie, this chart, the commentary, the support levels were all beautifully executed and communicated.

It has moved as we expected and in Subwave 5 of Wave 3 now.

No changes.

$AFRM

$AFRM is similar to $SOFI, I believe it will hit our Wave 5 target over the next month or so at $56 and will then need a pull back to the amber Fib levels as shown which I have provisionally added as a guideline.

I expect the 200 Day MA to drift to the 0.5 Fib at $39 during this time.

$SOFI

Firmly in Wave 5 now, the target remains at the 2.618 Fib at $12.79, which has been the standard Wave 5 target lately, after a test here I would expect a pull back, which is healthy and needed after a nearly +90% gain since August.

A pull back then between the 0.5 - 0.618 Fib levels between...

$ETH - WATCHLIST -

I sound like a broken record but where did $ETH test this week for support?

The 200 WMA, the perfect kiss of support at $2360 and now bouncing to $2625 again after the Trump Victory.

$BTC has made a new ATH and holding now at its retest level.

$ETH I believe catches up and this ...

$IWM

Up +6% in the PM now and Wave 3 is locked in at $245, the year end rally is coming in fast here for Small Caps and it is well overdue.

It is lagging the $SPY by a considerable margin in my opinion and I believe Wave 4 is next after $245 is tested.

No changes to the chart here.

$HIMS

I have added in the smaller subwaves in this Wave 3 to help guide you because there has been some wild swings here since the report has been issued and for the month of October

This is not new to $HIMS but you should always revert back to the overall trend and that is very clear

This ...

$NIO TOP 20

Bulls will have a fight on its hands today, price is at $5 now in the PM and we already saw a flush down when the PM opened, but price is managing to hold the low from the 24th of October so far.

The 0.78 Fib at $4.51 can not be ruled out and changes very little if this is tested and the im...

$BABA TOP 20

We need an announcement by China, it was unlikely going to be this morning as it was not confirmed that Trump had won until only recently, so we have until now and the end of the week I believe to hear something

Leaving it any longer will put a lot of pressure on the ADRs

$BABA still ...

$TSLA TOP 20

Elon went all in on Trump, he was motivated by his values but also knew that Trump was the likely candidate to win and it's better to be on his side than against....Trump was not fond of the EV sector, Elon effectively as his right hand man now has helped secure the future of this sector in the U...

SILVER - SAFE HAVEN -

I added Silver yesterday as a hedge against the election, it was a low risk hedge and adds to my safe haven and a position I intend to hold until the market corrects, so it was a comfortable add for me.

Price did flush down when it was announced that Trump will be the 47th President

B...

$ASTS

$ASTS has been pulling back over the last few sessions and I am happy to see this

Wave A had only pulled back to the Second Target in between the 0.38 - 0.5 Fibs which would have been shallow for and ABC correction.

With this pull back I believe we are still in Wave C and if the Secon...