S&P 500 Daily Price Levels

S&P 500 Daily Price Levels

S&P 500 Daily Levels & Setup Bullish backdrop, looking for short-term breakout There’s two big zones on either side of price, with a thick zone as ‘s3’ and a thin zone as ‘r2’ – each of which come from prior unfilled gaps...

Cardano folds at Fibonacci resistance

Just posted about Cardano running into Fibonacci resistance. Looks like that resistance is going to hold, already the coin has folded back almost a full dime. Already almost back to the 2.45 area, which remains as support and can keep the door open for bulls.
Cardano Breaks Out to Fibonacci Resistance

Cardano Breaks Out to Fibonacci Resistance

Cardano was brewing a breakout, as looked at yesterday. The 2.45 level was key as this was a prior all-time-high that had come back in as short-term resistance. That level has now been broken as bulls have taken their swing, and prices are finding resistance at a key...
EUR/USD Bounce, EUR/JPY Break

EUR/USD Bounce, EUR/JPY Break

Working through early part of ECB and so far we’re 2 of 2 from the setups looked at yesterday. EUR/USD is bouncing up from support at prior resistance, and EUR/JPY is falling through breakout support. EUR/USD Hourly EUR/JPY Tests Through Support After Bearish...
Tesla (TSLA) Short at Resistance

Tesla (TSLA) Short at Resistance

Tesla has come back to life over the past couple of months, along with everything else as the Fed has went out of their way to be uber dovish. Maybe that changes, maybe not, but the fervor that was in TSLA earlier in the year is there no longer. And prices are hitting...
Bitcoin – this is the zone

Bitcoin – this is the zone

Bitcoin looks like it could have more down side. At the least, it has less evidence of bottoming than Doge or even Cardano. But if there is more downside, there’s a nice zone not too far away that makes longs attractive again. This is between Fibonacci levels at...
Apple (AAPL) runs into Fibonacci extension

Apple (AAPL) runs into Fibonacci extension

Apple has been on a helluva run lately. My bull thesis here is that while the world ran into a chip shortage, apple became one of the most cutting edge producers of microprocessors. Of course, they’re going to keep most of their supply to feed into their...