NASDAQ:NVDA Has been on a helluva' run. It's been great fun but the ride is almost over. With increasing competition and NASDAQ:NVDA completely alienating it's true north being its dedicated and loyal gaming consumer base, the fun is almost over. The AI market is over saturated and the tools needed to run a comprehensive AI gig are well under the...
NYSE:RDDT like many other well met IPO's will eventually fall below its lowest price for a much needed liquidity hunt to shake out weak hands. The bears are attacking this stock and many others right now. Here we have a classic bearish double top forming. We make spike a new high just above 80 or stop just below current highs, but the bear are marching in and...
TVC:GOLD Gold is currently enjoying a bull run, riding the Wave of uncertainty to new highs. Having qualified the ABC Elliot Wave pattern on the weekly chart, we can see that our C Wave is extending well past the A wave. This epic run is expected to culminate around the 3140 level of the 1.618 Fibonacci extension. But watch out below because as with all good...
Here on the CME_MINI:MES1! We are simplifying our analysis to forecast the next years action based on the current years close. Utilizing candlestick psychology, when you have two well separated thick bodied candles after a cluster has been formed; the odds are likely that we have an established Demand Imbalance. This imbalance will continue for at least one...
MCX:CRUDEOIL1! has been consolidating in a bull flag pattern on the Quarterly chart for a numer of cycles now. Moving closer to the 20 Quarter moving average, I expect $ MCX:CRUDEOIL1! to take off from here in nearing the end of this quarter. We can measure the charts Flagpole and anticipate a measured and sustained move to the 15000$ Level. If you ever...
Don't underestimate the sleeping Giant $Roku. There is a Roku device or TV in nearly every home in America, likely the world. They Offer free TV service, movies, shows with Ad's and their devices rarely fail. We are looking at NASDAQ:ROKU from a purely technical perspective. It has been beat down. The higher time frames have put in higher lows and is...
This is a very simple and straightforward technical analysis on AMEX:SPY of price action VS the Moving Averages. A tried, True and Valid method of analysis is knowing when we have become to extended from the moving averages and determining that a return to the mean is appropriate. In the case of the AMEX:SPY , SP:SPX or CAPITALCOM:US500 we are more and...
Last time we posted about the TVC:VIX we Enabled Holy Sh*T Mode. Shortly there after the TVC:VIX broke above 66 in no time. The TVC:VIX is a very easy counter indicator to the market to read. When CCI the CCI breaks out on any time frame from the 2 hour up, there is almost always guaranteed to be a market downturn in the near future. Even though TVC:VIX...
You think the Great Yield slaughter of the 40 years was something; just feast your eyes on the great Yield breakout, eons in the making. In our next predicted cycle of disastrous economic, but not all that surprising or unexpected economic events; we will now see the Great Bond Slaughter coupled with treasury yields sky high. An event the likes of which the...
Welcome to another edition of NASDAQ:TSLA buy the rumor, sell the news event live from California from the Warner brothers studio where we are sure to see plenty of on screen magic and prototype 's galore. The Fraudfather Elon Musk is dug into his hasty and no good bag of tricks again for the benefit of his pockets. This time he was goaded into revealing a...
NYSE:PLTR is a stock that will easily be a 300$+ Not only does it have government contracts, consumer based equipment artificial intelligence monitoring systems; this company has plans to program the programmer. It has already dug into fully integrated touchpoint systems that any person can use, to fully program from scratch any product, game or software...
We have an extremely strange set of circumstances where the "Fed" is "Cutting Rates" and has promised and said to have "delivered" a soft Landing. All the while the number one contributing factor to inflation is Wage Inflation. This unchecked wage inflation has caused the federal reserve in essence to shit their pants and all but acknowledge that inflation has...
As we watch NASDAQ:NVDA for our next short trading opportunity, we have to keep in mind the unfilled daily gap around 680. After a hefty pullback we could see the stock cluster and move higher looking for a double top where a second and even bigger pullback will occur and the gap below becomes filled. With markets turning higher and only 3-4 months left until...
Here on the TVC:VIX we are making a very simple and very basic technical forecast based solely on the CCI. We previously called a breakout on the TVC:VIX weekly chart shortly before our market pullback with excellent results. Now we are examining the monthly chart for any clues to the next big breakout. On the monthly chart CCI is pointed up on the ...
Here on NASDAQ:TSLA we can see after such a massive move a lengthy consolidation period is needed before and ultimately substantial breakout. While NASDAQ:TSLA certainly has the probability of braking low and going to 50$ I will have to side with the Bullish case. Not for news or Fundamental points in its favor, but Pure technical analysis. Tesla has had a...
As we can see, the NDX on the weekly chart is on it's last leg. The printing of a classic Gravestone Doji at the end of the week signifies extreme weakness in the Tech sector. There are many targets below where NASDAQ:NDX has gapped away from previous areas of resistance. Taking a look at the TVC:DJI Index, it appears as though large hedge funds and...
After a sustained rally away from demand price will typically return to the origin of the move. Like GOOG before it, price will drop somewhere between 61.8 and 70% for a deep discount on this stock before its next rally. Large investment firms, Hedge funds and Market Manipulators currently occupying this space know what's coming and are selling calls to all the...
NASDAQ:AAPL to 320 on the Rally Base Rally. I don't know what else to tell you. Play it or not play it.