TSLA – July 20, 2023
Posted on July 20, 2023 5 Comments
Last post on TSLA: https://atomic-temporary-44460632.wpcomstaging.com/2023/06/07/tsla-june-07-2023/
Staying w/ the preferred count shown in green. That being said, this could be, as shown on the alternate count the beginning of an a-b-c = Y move down … so, while this gives up a lot of the move, we’ll just use the EWT correction RULE that wave 4 cannot go below the end of wave 1. That level is around 220. As long as this correction (labeling it that right now) says above that 220ish level – then it is still game on and TSLA to new highs to finish a long term 5 wave sequence.
Hope this helps.
Gasoline Futures – July 17, 2023
Posted on July 17, 2023 Leave a Comment
looks like this triangle will be resolving soon enough … prices like to “surge” out of these type of patters to …it will be pretty interesting, from a political perspective, to see which way it resolves.
spikes lower … Biden Administration has brought down inflation and lower gas prices.
spikes higher …the opposite for President Biden’s administration as gas prices spike higher in the 2nd half of his administration.
I really have no idea which way it will go …
NVDA – July 17, 2023
Posted on July 17, 2023 1 Comment
Last post on NVDA: https://atomic-temporary-44460632.wpcomstaging.com/2023/05/30/nvda-update-may-30-2023/
the ABCD target on NVDA has been hit on the monthly (it actually went higher and did the 12th root of 2 (1.05946) which is the ratio used to tune the equal octave scale of music) with noticeable bearish divergence on the 14 period RSI. I expect some serious resistance. If we blow thru it, then this stock can run. I will update some of the higher targets later if we below thru this level.
additionally, we can see a 3 drives to a top on the daily.
“mind the gap” – huge gap support, as shown, lower.
XLF – July 13, 2023 !
Posted on July 13, 2023 Leave a Comment
Well folks, we are at a pretty big fork in the road. The SELL PATTERN on the SPX is “close” and pretty much hit and then the XLF went up and tagged the lower end of the sell zone … gapped up and then closed at the lower end. One can see a couple small laborious machinations up and down before the SPX target is hit so we can sneak into the upper half of the sell zone before really calling the PATTERN complete and the selling to begin – or not.
If this pattern fails, it might to be early to back up the truck, but the melt up will certainly continue …
But, don’t get too excited for that to happen. SOME STIFF RESISTANCE/SELL PATTERNS PRESENT in XLF aka FINANCIALS.
S&P 500 – July 11, 2023
Posted on July 11, 2023 Leave a Comment
VERY important level approaching in/around 4500 and hen 4525-4550. Frankly, these levels are the last gasp hope for the bears.
Note, the time worked out very nicely but the PRICE was not hit and we’ve held support. Doesn’t look to inconceivable that the targets above won’t get attacked in the coming days?
Geometry – July 11, 2023
Posted on July 11, 2023 2 Comments
Birthday today .. so spent some time listening to Zen music and just using the crayons.
One purple (crown chakra) line that defines a radius of a circle and then … every turning point thereafter.
Yes, it’s “past tense” but we can use this forward … I try (as you all know) to make my charts “present” or “near real time” and not in the past but for this drill I was just enjoying the geometry …
work w/ me …
cheers – B
Here’s Metatron’s Cube and the DJIA … go follow Mr. Robert Edward Grant. He’s doing amazingly powerful work around the geometry and ratio’s that we use w/ the patterns …I just printed out the DJIA w/ the purple radius and then free handed and used a compass. It might be off a little bit BUT you get the picture … Metatron’s cube, in historical spiritual texts, is responsible for ALL of creation in this 3rd dimension. So, why wouldn’t it work w/ the stock market … right? 😉
