Gasoline (RB1!) has been trading on the 4-year Support Zone for 4 straight months, forming a confirmed technical bottom. The September 09 Low was also on the Lower Lows of the long-term Falling Wedge, which makes the probabilities of a rebound even stronger. At the same time, the 1W RSI bounced from oversold territory (below 30.00) and has stabilized back above...
The NZDJPY pair gave us an excellent sell signal back on our July 10 analysis (see chart below) and not only hit our 95.580 Target but broke below and invalidated the medium-term Channel Up: The long-term Channel Up however, is still intact and it is evident on the 1W time-frame where the July - August sell-off found support and stopped exactly on the 1W...
We have seen in the past few days the NVDIA Corporation (NVDA) to be holding its ground better than other tech giants that got more inflated during the recent run like Tesla. What we've discovered by running some regression tests among top 30 cap stocks, is a very interesting relationship between NVDIA and Apple Inc (AAPL). Though most people might think that the...
Binance Coin (BNBUSD) has been in Accumulation Mode since early March (March 11 1W candle), trading sideways within initially the Mayer Multiple Bands (MMB) Mean (black trend-line) and the 1st SD above (grey trend-line) and since July within the 1st SD above and the 1W MA50 (blue trend-line). With regards to the 1W MA50 in particular, not only has it been the...
More than 1 year ago (November 7 2023, see chart below), we made a bold (for the time being) call on the U.S. Government Bonds 10YR Yield (US10Y), as against the prevailing market sentiment we gave a sell signal, right after what turned out to be a top: Today we revisit this pattern, following yesterday's Rate Cut by the Fed primarily because of their...
Mastercard (MA) has been trading within a 2-year Channel Up that has given us very accurate trades. Our previous signal (April 02, see chart below), was a sell right on the pattern's top that easily hit our $440 Target: Once more we see a long-term Top on this stock as the price almost priced a Higher High and on yesterday's Fed fueled pull-back, it hit its...
WTI Oil (USOIL) just formed a Golden Cross on the 4H time-frame while at the same time it rebounded on the former Lower Highs trend-line. This technical shift from a Resistance level turning Support, signifies the emergence of a new Channel Up pattern. The pattern's first Higher High was priced on the 71.45 Resistance (1) and if the current Higher Low holds at...
Bitcoin (BTCUSD) is having an impressive sustainable price action within the Channel Up pattern since November 12, which despite yesterday's Fed fueled pull-back, is still holding. If it holds, it may follow the same pattern that it did exactly 1 year ago. As you see, it was again in November 2023 that it traded within a Channel Up, which was supported by the 4H...
Dow Jones (DJI) gave us the best bullish break-out signal exactly 1 year ago (December 13 2023, see chart below), as our buy entry at 36577 hit our 42900 long-term Target last October: At that time we made a clear point why that rally 'shouldn't surprise you' and it is because of this pattern's consistency for so many years. This 1W time-frame chart shows the...
It was almost 6 months ago (June 26, see chart below) when we made a seemingly unrealistic bullish call on Tesla (TSLA) for the time being, setting $400 as our first Target: In fact, it was 8 months ago (April 15, see chart below) when we called Tesla's exact bottom, expecting its own 'Meta recovery moment' following lay offs of more than 10% of staff: ...
Bitcoin (BTCUSD) broke yet another benchmark, the psychological level of $100k. The market cap is growing and many claim that it can't keep rising as the capitalization would be at unrealistic levels. For one capital inflows seem to be very comfortable right now with BTC investments and there are still billions waiting at the side for the right investment in...
Exactly 1 month ago (November 18, see chart below) we gave the buy signal on Broadcom Inc. (AVGO), which turned out to be a big success as shortly after the stock catapulted past our $223 Target: This time however we share with you an analysis that is calling for profit taking on this amazing rally as technically it is coming to an end. The price hit...
The S&P500 index (SPX) has been rising aggressively since the October 2022 market bottom, as it recovered from the Inflation Crisis of 2022. Despite the All Time Highs (ATH) that it is currently trading at, we have strong evidence based on the U.S. Dollar Index (DXY) that it is entering a new, more structured Bull Cycle. As you can see on this cross chart...
Our last Altseason call was exactly two months ago (October 18, see chart below) which turned out to be the exact level that the new rally of the total crypto market cap (excluding top 10) started: As you can see, the current Cycle (2022 - 2025) displays incredible resemblances with the 2014 - 2017 period. Their Accumulation Phases during the transition from...
Last time we analyzed Bitcoin (BTCUSD) in relation to the Volatility Index (VIX), was 4 months ago (August 22, see chart below) and was an extremely successful projection as we took advantage of the 1W MA50 (blue trend-line) bottom and predicted the $100k Target, which recently got hit: Once more, we decided to seek the (mostly) negatively correlated patterns...
NVIDIA corporation (NVDA) has entered the 2nd half of December below its 1D MA50 (blue trend-line). On any other occasion that would've been alarming, for NVDIA however this presents the best long-term buy opportunity in a while. The reason is simple and has to do with the amazing symmetry that the 2-year Channel Up (which NVDIA has been trading in) displays....
Nasdaq (NDX) is technically respecting the 2-year Channel Up that it's been trading in since the December 26 2022 market bottom. Its most recent Higher Low was on the August 05 2024 1W candle, which initiated the Bullish Leg we're currently in. As you see, the previous two Bullish Legs had one main pull-back/ correction sequence each and apart from that, the...
The EURUSD pair has been trading within a nearly 2-year Channel Down. Being below the 1D MA50 (blue trend-line) since October 02 2024, this is technically still the pattern's Bearish Leg. However, having bottomed on November 22 and transitioned into a (dotted) Channel Up, this is the technical bottom formation of the long-term Channel Down and the rise following...