$AAPL is in extended wave v of Grand cycle wave (5) of what will end Apple's first Super Cycle 1. Daily RSI is showing where dip buyers may show up for the final run. Wait for Super Cycle wave 2 to manifest and buy it at the bottom several months from now.
$MSFT stock completed an expanded flat for Major wave 2 and is now nesting an extension within Major cycle 3. Buyers should be waiting near the daily SMA50.
$SPX is getting ready for a pullback and buyers will be on Hold for now but should show up in wave (iv) for the next move higher towards $6118.34-$6465.32.
$QQQ is ending a sizeable wave 3 so traders are likely to hold off until the bottom of wave 4 where buyers should be waiting to BTD.
$COST is pulling back in minor wave iv before the last move higher in major wave 3. An opportunity should present itself to BTD in major wave 4 to ride the bullish major wave 5 towards Super Cycle (3)'s target.
$XOM is in an expanded flat for Grand wave '2' and should provide an opportunity soon to BTD for a stronger move higher towards $141+.
$WMT stock is moving in a powerful Grand Cycle wave (3). Price should soon top near $100 for the end of Major wave 3 (green) and pullback in 4 before continuing towards its target of $111.55.
$JPM still has more upside towards $271. Daily momentum has reached extremes along with positive divergence and is likely to put the breaks on the pullback in wave 4 soon providing an opportunity to go long for major cycle 5.
$NVDA has pulled back in Grand cycle wave (4) to 161.8% of AB. Under $130 is a BUY. Wave (4)s can be tricky so I don't recommend swing trades until a reversal is confirmed.
$GOOG stock is nearing completion of its Super Cycle 1 and has negative divergences on the weekly. Traders should be cautious on this last move higher. The technical target for Super Cycle wave 1 was $201.12.
$CVX stock has completed 5 waves down for wave A in a zig zag pattern for major wave (ii). When the Zig Zag completes, It would be an ideal location to BTD and layer swings for a potentially very strong major wave (iii).
$GE began strong Super Cycle 3 in an extended grand cycle (1). Since major wave 1 was not extended, major wave 5 is allowed to extend. Target should be near the 61.8% of major waves 1+3. Major wave 4 appears to be a Zig Zag. Momentum is showing extremes on daily and support should eventually be found near the 20 week SMA around $155.
$CAT stock is pulling back in a Zig Zag pattern for Major Wave (iv) and should be a BTD type of situation for q1's expected move.
$AVGO printed a strong major wave (iii) from positive earnings & guidance. There may be an opportunity to buy in Minor wave 4 to ride the remaining wave 5 of (iii) and another opportunity to buy in Major wave (iv) when occurs. Grand Cycle wave (3) will be the best time to reduce positions from Aug lows Grand cycle wave (2).
If you haven't been in since Grand wave (2) lows then it's best to wait since Grand wave (3) is almost complete and may get a good opportunity to buy in Grand wave (4)
$LLY just completed a flat Super Cycle wave 2 correction and should be a BUY to $1115.06+. The stock may pullback soon in wave (ii) and should be a BUY and also swing when the extreme area presents itself.
$BRK/B appears to be extending in wave "5" of (v) of (3). As long as price remains above $437.90, buyers will continue to show up.
There is a great chance for $META to extend in wave 5 of (5) of 1 towards its higher target. The first wave within (5) was not extended which means that this last wave 5 can be large. Currently waiting to confirm a higher low above wave 4 lows. There should be a pull back soon that will offer insight when to BTD.
$AMZN stock price has risen in a powerful impulse structure against Aug lows and is currently completing a major wave 3. Soon price will correct in wave 4 and should offer another short term buy opportunity for one more high before a large correction can occur.
December 23, 2024
$MDLZ is completing a 5 wave down sequence for wave C of a WXY pattern (2 zig zags connected). $58.22 should be a strong BTD opportunity.
December 20, 2024
$MRVL is correcting in a Zig Zag pattern in Major wave (iv) and just completed 5 waves down for A. There should be more opportunity in Major wave (v). Wave (v) generally begins with positive momentum divergence, it's a HOLD until then or the 38.2% retracement of (iii).
December 19, 2024
$DOW weekly momentum reach extremes and the large Zig Zag correction for Super Cycle 2 looks to be completing. Expect buyers to show up very soon for Super Cycle 3 which should go to new ATHs.
December 19, 2024
$AAPL is in extended wave v of Grand cycle wave (5) of what will end Apple's first Super Cycle 1. Daily RSI is showing where dip buyers may show up for the final run. Wait for Super Cycle wave 2 to manifest and buy it at the bottom several months from now.
December 19, 2024
$MSFT stock completed an expanded flat for Major wave 2 and is now nesting an extension within Major cycle 3. Buyers should be waiting near the daily SMA50.
December 19, 2024
$ORCL is pulling back in a major wave (iv). It is 40/60 probability for price to reverse at the current 61.8% (40% odds) or 100% extension/ daily SMA200 (60%). Hold for now, but will BTD once confirmed.
December 19, 2024
$UNH continues to pullback in Super Cycle 2 and would not recommend trading it until confirming price failure of the 23.6% retracement of Super Cycle 1.
December 18, 2024
$SPX is getting ready for a pullback and buyers will be on Hold for now but should show up in wave (iv) for the next move higher towards $6118.34-$6465.32.
December 18, 2024
$BAC is pulling back for one more opportunity to BTD in wave 4 towards the wave (Y) target of $53.74.
December 18, 2024
$QQQ is ending a sizeable wave 3 so traders are likely to hold off until the bottom of wave 4 where buyers should be waiting to BTD.
December 18, 2024
$OLED has one more wave down to complete the wave (c) in a corrective Zig Zag for Grand Cycle (iv). Super Cycle 3 should target new ATHs.
December 18, 2024
$MPWR made a significant decline in Super Cycle wave (4) and potentially has once more dip before charging back higher in Super Cycle wave (5) towards $1,100.
December 18, 2024
$COST is pulling back in minor wave iv before the last move higher in major wave 3. An opportunity should present itself to BTD in major wave 4 to ride the bullish major wave 5 towards Super Cycle (3)'s target.
December 17, 2024
$XOM is in an expanded flat for Grand wave '2' and should provide an opportunity soon to BTD for a stronger move higher towards $141+.
December 17, 2024
$WMT stock is moving in a powerful Grand Cycle wave (3). Price should soon top near $100 for the end of Major wave 3 (green) and pullback in 4 before continuing towards its target of $111.55.
December 17, 2024
$KO may be targeting $60 before resuming, if it will extend in Major cycle wave (v). If price breaks below $51.55 (bottom of major (iv)) then Grand cycle (3) was over at $73.53. I am targeting $77.90 in the next bull run.
December 17, 2024
$JPM still has more upside towards $271. Daily momentum has reached extremes along with positive divergence and is likely to put the breaks on the pullback in wave 4 soon providing an opportunity to go long for major cycle 5.
December 17, 2024
$TMUS has one more Major cycle remaining in Grand Cycle (5) of Super Cycle 1 which should take price towards $273.51. Buyers should be found near the 20 week SMA / 100% extension of AB which should be the extreme bottom for major cycle wave (iv).
December 17, 2024
$PEP stock price just reached the 100% extension (blue w/ arrow) of the ABC zig zag for wave Y. There is also a potential positive divergence in the making on weekly...will have to see how that 100% of ABC for Y holds, if fails price can drop lower into 140s. Super Cycle wave 5 target is $215.35
December 17, 2024
$LOW is pulling back in major wave 4 and should be a good buy towards the Super Cycle 3 target of $304.17-$332.55.
December 17, 2024
$NVDA has pulled back in Grand cycle wave (4) to 161.8% of AB. Under $130 is a BUY. Wave (4)s can be tricky so I don't recommend swing trades until a reversal is confirmed.
December 16, 2024
$CRWD is forming a negative divergence on the monthly chart and has reached 161.8% of wave A to complete wave B. The stock is likely to see a large markdown in Super Cycle wave 2.
December 16, 2024
$GD has reached extremes on the daily and bounced for wave B of 2 of (v) of (5). Since wave (i) of (5) was not extended and the stock has yet to reach its Super Cycle minimum target, it would be ok to assume that wave (v) will be extending.
December 16, 2024
$UPS stock has been in a large declining Zig Zag in Grand Cycle (4) but is nearing completion. The stock should be reversing very soon. $120 should be the absolute extreme area.
December 16, 2024
$NFLX is working its way through a strong super cycle wave 3 and has one more major wave "v" which should take the stock to $1060-$1111 area before pulling back in Super Cycle wave 4.
December 16, 2024
$GOOG stock is nearing completion of its Super Cycle 1 and has negative divergences on the weekly. Traders should be cautious on this last move higher. The technical target for Super Cycle wave 1 was $201.12.
December 16, 2024
$PLTR saw a textbook sequence so far...Wave 3 reaching 161.8 of wave 1....wave 5 reaching 100% the length of wave 1. There is a very good chance this completed it's first bullish cycle and will pull back in a wave 2. Looking at weekly momentum can see where shorter length RSI refuses to go into extreme overbought while long RSI has reached extremes. with momentum exiting overbought zones, it can pull price down while it resets. IMO
December 16, 2024
$HON is nearing the end of Grand cycle wave (iii) and should pull back soon in Grand cycle wave (iv). The bottom of wave (iv) would be an ideal area to enter long. The target for Super Cycle wave 3 is $309.22 (61.8% the length of 1).
December 16, 2024
$CRM just saw a large markup in Grand cycle wave (iii) and is now in the middle of pulling back in Grand cycle wave (iv). Negative divergence on daily to support the theory. Will be looking to BTD at gap fill / Daily SMA50 which also aligns with weekly EMA9 (not shown). I will HOLD until then.
December 16, 2024
$HD stock looks like it will be completing Major cycle wave (i) shortly. Weekly negative divergence is a classic roll over signal for wave 2s. It can pull back quite a bit so I recommend holding until wave (ii) manifests.
December 15, 2024
$SLB has been performing well fundamentally and is setup for an amazing Super Cycle wave 3 towards $125 at minimum and is about to begin a Grand cycle wave (3). There may be a bit more downside before beginning wave (i) of Grand Cycle wave (3) so I don't recommend adding short term swings just yet. It may be wise to accumulate. Grand Cycle wave (3) should begin with a very large markup so we should be able to recognize it.
December 15, 2024
$CVX stock has completed 5 waves down for wave A in a zig zag pattern for major wave (ii). When the Zig Zag completes, It would be an ideal location to BTD and layer swings for a potentially very strong major wave (iii).
December 15, 2024
$GE began strong Super Cycle 3 in an extended grand cycle (1). Since major wave 1 was not extended, major wave 5 is allowed to extend. Target should be near the 61.8% of major waves 1+3. Major wave 4 appears to be a Zig Zag. Momentum is showing extremes on daily and support should eventually be found near the 20 week SMA around $155.
December 15, 2024
$CAT stock is pulling back in a Zig Zag pattern for Major Wave (iv) and should be a BTD type of situation for q1's expected move.
December 15, 2024
$LMT stock is almost done correcting. There is a high probability that there is one more wave sequence in wave C. As price now reaches the 100% extension of wave A along with 61.8% retracement of (iii), $LMT may be almost time to BTD. There is some evidence on the daily chart for a short term bounce before completing the correction. Although price reaches extreme and price may be in a good spot to begin accumulating a position, I would hold off on swings for positive divergence in momentum (PPO) to confirm the reversal and timing for swing entry.
December 13, 2024
$INTC stock looks like it will make one more lower low which will complete a very large Grand Cycle Wave (2). Grand Wave (3) can last a long time once it begins. The pump that will happen will let us know that Grand cycle wave (3) has begun as it is almost always the strongest of the bullish waves. As soon as this confirms another bottom, it will be an opportunity for swing plays on top of long positions.
December 13, 2024
$AVGO printed a strong major wave (iii) from positive earnings & guidance. There may be an opportunity to buy in Minor wave 4 to ride the remaining wave 5 of (iii) and another opportunity to buy in Major wave (iv) when occurs. Grand Cycle wave (3) will be the best time to reduce positions from Aug lows Grand cycle wave (2).
December 9, 2024
If you haven't been in since Grand wave (2) lows then it's best to wait since Grand wave (3) is almost complete and may get a good opportunity to buy in Grand wave (4)
December 9, 2024
$LLY just completed a flat Super Cycle wave 2 correction and should be a BUY to $1115.06+. The stock may pullback soon in wave (ii) and should be a BUY and also swing when the extreme area presents itself.
December 9, 2024
$BRK/B appears to be extending in wave "5" of (v) of (3). As long as price remains above $437.90, buyers will continue to show up.
December 9, 2024
There is a great chance for $META to extend in wave 5 of (5) of 1 towards its higher target. The first wave within (5) was not extended which means that this last wave 5 can be large. Currently waiting to confirm a higher low above wave 4 lows. There should be a pull back soon that will offer insight when to BTD.
December 1, 2024
$AMZN stock price has risen in a powerful impulse structure against Aug lows and is currently completing a major wave 3. Soon price will correct in wave 4 and should offer another short term buy opportunity for one more high before a large correction can occur.
October 29, 2024
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October 26, 2024
October 26, 2024
An all-in-1 charts and education website for stocks.
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"Turn Knowledge into power"
Welcome to my website! It's packed with tons of charts and education where you can learn about the most common and hidden secrets regarding technical analysis.
Enjoy hundreds of charts with technical analysis breaking down patterns, price paths, price targets, risks, Elliott Wave Theory cycle detail, momentum & more. Coverage includes the most popular stocks, ETFs, indices, precious metals, & more.
End the debate. Understand what Elliott Wave Theory is and how to use it properly. Elliott Wave Theory combined with other studies can unlock powerful trades.
Gain a deeper understanding of momentum while exploring the most popular momentum indicators, their uses, & how to customize them to provide you catered data.
Learn about chart patterns like Diagonals, Zig Zags, Triangles, & Combinations. Discover where to expect patterns and how to synchronize it with your Elliott Wave Theory and Momentum studies.
Fibonacci sequence is one of the most important concepts in trading. Explore it further and learn how to use Fibonacci tools correctly.
No one knows the future. Mitigating risk is an important part of trading. Learn about managing risk.
Enjoy hundreds of charts and technical analysis of the most popular stocks, ETFs, indices, precious metals, & more.
Diagonals, Zig Zags, Triangles, & more.
Gain a deeper understanding of momentum while exploring the most popular momentum indicators, their uses, & how to customize.
End the debate. Understand what Elliott Wave Theory is and how to use it properly. Elliott Wave Theory combined with other studies can unlock powerful trades.
Technical Analysis. Elliott Wave Theory is a method of technical analysis which identifies price paths & projected targets by mapping out price in repeating cycles.
A mathematical phenomena. Fibonacci sequence is a sequence of numbers where each number is the sum of the two preceding numbers.
Fibonacci Sequence is closely related to the golden ratio of “1.618” & found in many settings from basic mathematics to biological life. Regarding technical analysis for stocks, the golden ratio 1.618 is one of the most common measurements used. This ratio, along with other key numbers in the Fibonacci Sequence, will help identify everything from price targets to pullbacks thus making trading/investing opportunities visible. Elliott Wave Theory can be simple to understand yet difficult to properly apply. Many skeptics often refer to this theory as “subjective” yet fail to explain how price pivots always seem to converge with Elliott Wave principle and Fibonacci Sequence. My goal is to make it cohesive and easy to apply but it still may need several reads before fully comprehending. Learning its uses can take much of the subjectivity out of the equation. Let's have a quick overview of EWT. Back in the day (1930s), an accountant named Ralph Nelson Elliott created EWT with a goal of mapping out price paths on stock charts via patterns as it relates to investor/trader psychology. EWT Identifies “cycles” broken down into wave & corrective patterns which highlight the overall trend and is still used today. Principle and guideline for EWT is heavily based on the fundamentals of Fibonacci Sequence. Understanding Fibonacci Sequence means understanding that everything in life works in repeating cycles, Including the Stock Market...and Fibonacci Sequence gives a sort of roadmap where prices want to go.
EWT offers a comprehensive and efficient way to map out these "cycles" and expose price paths along with expected measured moves in price (meaning price moves all at once (aka price acceleration or markup)).Next you will learn more about stock cycles along with the rules & guidelines that bind this method to glory. This will include wave structure & how to confirm your analysis with momentum as to identify the best pivots to BUY the dip or SELL the rip.
An interval of time during which a sequence of recurring events or phenomena is completed. For stocks, one basic cycle includes a 5 wave bullish or bearish sequence then 3 swings correcting the 5 wave move.
Fractal is a mathematical term for a shape with detailed structure that appears similar regardless of scale. In Elliott Wave Theory, each wave structure has a cycle within it.*See illustrations below.
Because stock patterns are fractal. A Key example would be how 60 one minute candles compose a single hourly candle which is also just a part of a daily candle, etc. This is why best practice is to begin studies zoomed out, then zoom in. Fractal cycles use the same rules and principles as their parent cycles, so no matter how much you zoom in or out the patterns can look similar with similar parameters. Understanding the way this works provides key data for trades and investments.
Discover what Elliott Wave Theory is and how to use it properly. Elliott Wave Theory is the roadmap to price paths. Learn how to use and combine it with other studies to unlock powerful trades.
Indicators used to help traders & investors understand the strength of price trend by measuring the rate of change. Momentum is calculated over a set parameter of previous chart history which is why it is a lagging indicator. Momentum can be a very effective tool that has many uses such as identifying trend continuations or reversals.
The most popular momentum indicator is "Relative Strength Index" or "RSI". Other popular momentum indicators include MACD, Stochastics, Price Oscillators, Moving Averages, CCI, MOM, ADX, and more.
For now, I will cover my favorite and most used momentum indicators needed to understand the Elliott Wave Theory learning section. The indicators currently included in this section are Relative Strength Index (RSI), Moving Averages, Stochastic RSI, and Price Oscillator. We will deep dive what each indictor does, represents, and its uses. There will also be information on how to tweak each indicator to your preference along with how I have them set. In the future I will cover more indicators I use such as Volume Profile, MACD, and many more.
Gain a deeper understanding of momentum while exploring the most popular momentum indicators, their uses, & how to customize them to provide you catered data.
Learn about chart patterns like Diagonals, Zig Zags, Triangles, & Combinations. Discover where to expect patterns and how to synchronize it with your Elliott Wave Theory and Momentum studies.
Fibonacci Retracement & Extension tools are used for measuring structure, projecting pullbacks, & projecting future price targets. Understanding its uses and how to correctly draw Fibonacci is crucial for calculating accurate technical analysis.
Fibonacci sequence is one of the most important concepts in trading & crucial for projecting price paths. Explore it further and learn how to use Fibonacci tools correctly.
No one knows the future. The best thing we can do is be prepared for the possibilities. Understanding this allows you to be patient and ONLY enter into high probability trades.
*Trading is risky and can have life altering consequences. I am sharing my own personal knowledge, training, & experience using technical analysis for trading and investing in stocks. These are my strategies but NOT FINANCIAL ADVICE. Remember the purpose of this website is to inspire you to learn about technical analysis and create a strategy that works for you!
No one knows the future. Mitigating risk is an important part of trading & protecting capital. Learn about managing risk.
$SPX
is currently trading in a Grand Cycle wave
(5)
towards its Super Cycle
(iii)
target of
$6118.34+
.
Looking closer, the cycle position is in Minor wave
(iii)
within Major wave
(v)
.
The current status is to
HOLD
.
$SPX is getting ready for a pullback and buyers will be on Hold for now but should show up in wave (iv) for the next move higher towards $6118.34-$6465.32.
$QQQ
is currently trading in a Grand Cycle wave
(5)
towards its Super Cycle
1
target of
$530-$550
.
Looking closer, the cycle position is in Minor wave
3
within Major wave
(v)
.
The current status is to
HOLD
.
$QQQ is ending a sizeable wave 3 so traders are likely to hold off until the bottom of wave 4 where buyers should be waiting to BTD.
$NVDA
is currently trading in a Grand Cycle wave
(4)
towards its Super Cycle
3
target of
$180
.
Looking closer, the cycle position is in Minor wave
5
within Major wave
C
.
The current status is to
BTD
.
$NVDA has pulled back in Grand cycle wave (4) to 161.8% of AB. Under $130 is a BUY. Wave (4)s can be tricky so I don't recommend swing trades until a reversal is confirmed.
$MSFT
is currently trading in a Grand Cycle wave
(5)
towards its Super Cycle
1
target of
$500-$563
.
Looking closer, the cycle position is in Minor wave
"ii"
within Major wave
3
.
The current status is to
BTD
.
$MSFT stock completed an expanded flat for Major wave 2 and is now nesting an extension within Major cycle 3. Buyers should be waiting near the daily SMA50.
$AMZN
is currently trading in a Grand Cycle wave
5
towards its Super Cycle
'1'
target of
$229.66
.
Looking closer, the cycle position is in Minor wave
5
within Major wave
3
.
The current status is to
HOLD
.
$AMZN stock price has risen in a powerful impulse structure against Aug lows and is currently completing a major wave 3. Soon price will correct in wave 4 and should offer another short term buy opportunity for one more high before a large correction can occur.
$AAPL
is currently trading in a Grand Cycle wave
(5)
towards its Super Cycle
1
target of
$267.91
.
Looking closer, the cycle position is in Minor wave
2
within Major wave
v
.
The current status is to
HOLD
.
$AAPL is in extended wave v of Grand cycle wave (5) of what will end Apple's first Super Cycle 1. Daily RSI is showing where dip buyers may show up for the final run. Wait for Super Cycle wave 2 to manifest and buy it at the bottom several months from now.
Learn about the most common and hidden secrets when it comes to technical analysis.
Enjoy hundreds of charts and technical analysis of the most popular stocks, ETFs, indices, precious metals, & more.
End the debate. Understand what Elliott Wave Theory is and how to use it properly. Elliott Wave Theory combined with other studies can unlock powerful trades.
Gain a deeper understanding of momentum while exploring the most popular momentum indicators, their uses, & how to customize.
Learn about chart patterns like Diagonals, Zig Zags, Triangles, & Combinations. Discover where to expect patterns and how to synchronize it with your Elliott Wave Theory and Momentum studies.
Fibonacci sequence is one of the most important concepts in trading. Explore it further and learn how to use Fibonacci tools correctly.
No one knows the future. Mitigating risk is an important part of trading. Learn how to manage your positions here.
NOT FINANCIAL ADVICE.
No one knows the future. This website is not financial advice,
to encourage, suggest, or advise what you should invest in or trade.
The purpose of this website is for education and entertainment.
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