by the admin | Sep 9, 2021 | Articles, S&P 500 - SPY, Stocks
S&P bounces on the open, takes out ‘r1’ to open a bullish break and price is now heading for target 2, the ‘r2’ zone looked at earlier 452.81-453.06.
by the admin | Sep 9, 2021 | Articles, S&P 500 - SPY, Stocks
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...
by the admin | Sep 9, 2021 | Articles, Cardano, Crypto
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.
by the admin | Sep 9, 2021 | Articles, Cardano, Crypto
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...
by the admin | Sep 9, 2021 | Articles, EUR/JPY, EUR/USD, Forex
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...
by the admin | Sep 9, 2021 | Articles, Crypto, Dogecoin
Dogecoin trying to set a bottom. Tuesday spill led to a Wednesday doji, steps one and two of a morning star. There’s also some support context, taken from 14.4% Fibonacci retracement of the May-July sell-off. Bullish setup, targeting confluent resistance zone...
by the admin | Sep 9, 2021 | Articles, Stocks, Tesla
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...
by the admin | Sep 9, 2021 | Articles, Forex, GBP/JPY
GBP/JPY descending triangle formation, breakdown potential. Short positions can target 151.30, 151.00 and then 150.45. Optional is to look for big picture breakdown to and through 150.00
by the admin | Sep 9, 2021 | Articles, Bitcoin, Crypto
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...
by the admin | Sep 8, 2021 | Apple, Articles, Stocks
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...
