To The Moon

Hello everyone! Today i want to share some technical anlaysis with you!1. $.SPX(.SPX)$ As I noted on Jan. 17 (see the tweet attached), the "bearishness is too high" and "it will trigger a snap-back rally, even without any catalyst." Turns out that most bears joined the bus at the wrong time--SPX jumped 250+ points in a few days. Last low 11/2/23, also a major low.Image2.Tug of War: [Mag-7 disagree with earch other in terms of direction]==let's see at the end of the day, who has more pulling power?ImageFollow me to learn more about analysis!!

Hello everyone! Today i want to share some trading ideas with you!1.Bearishness too high--haven't checked this indicator for some time, and it turns out that the bearish sentiment ran to a 1-year high. That is a bit unwarrented and goes to an extreme, which will trigger a snap-back rally, even without any catalyst.Image2. $.SPX(.SPX)$ MPW Bamboo Scroll #155 Posted: (1) last week's price moves filled the election gap and rose to the left shoulder level of 6020. (2) with so many large gaps almost everyday, how can a trader survive, let alone prosper? ImageFollow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1.Mag-7 led today's retrace--while the rest of market played catching-up to yesterday's moves. $Cboe Volatility Index(VIX)$ Seems odd IF the softened CPI data does put FED back on track with more cuts. More likely that the rationale behind post-CPI rally was a misplaced delusion. Gap-Fill Coming at 5842.Image2.Rinse, repeat. [if a large gap-down open tmrw, then a high chance that $NASDAQ 100(NDX)$ would re-visit the lower blue trendline, for the sake of pattern perfection.]Image

Hello everyone! Today i want to share some technical analysis with you!!!1.MPW Mid-week Update Posted: (1) as noted many times, the purpose of W-4 is to frustrate both bulls and bears as much & as long as possible. It looks like the market is doing just that. (2) with large gap up & down everyday, Image2.For a potential 100+ point move, you'd better have some small bet (be prepared for losing them all; however, if you are right--like in this case, the reward is sweet). I opened this position when I tweeted the "positive reaction to CPI" message. Cost at $2.3 and last price $8.Follow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1.Earnings Season Begins with Large Banks: (1) several major banks line up to report their earnings tmrw, which will set up a sizable move--not trending day, but very jumpy.(2) however, the real deals come at the end of this month, when $Tesla Motors(TSLA)$ , $Meta Platforms, Inc.(META)$ , $Microsoft(MSFT)$ , $Apple(AAPL)$ get together.Image2.NYA gave the hint: (1) among all key indexes, NYA--the New York Stock Composite Index, has the clearest pattern for the ongoing rebound. (2) the divergence at daily time frame supports a sustained rally to retouc

Hello everyone! Today i want to share some technical analysis with you!1.From MPW Scroll #154 posted last weekend, “next Monday would start with a fairly large gap down, opening at 5800 or even 5782;” that is a very accurate read of the market. Let’s see whether the rest of the prediction is correct or not. $.SPX(.SPX)$ Image2.Just arrived LAX and missed the intraday rebound; all short positions were stopped out in the first hour; the rebound is not impulsive enough so far; it needs to retest and hold 5800 tmrw to validate the bottom at 5780; the first series of correction “may” have completed today.3.The Red Path in this Jan 2nd chart is still worth noting, though. So far, the decline from 6100 has been very tentative, a typical feature of a larg

Hello everyone! Today i want to share some technical analyisis with you!1.RED PILL: $.SPX(.SPX)$ (1) For subs: it seems that the market has chosen the Red Path to go--see mid-week update posted yesterday. (2) with SPX futures dropping 30+ points, it would be crucial for bulls to defend 5874 tmrw morning. (3) then the life-vs-death RED LINE at 5830. If gone, whew..ImageFollow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1. $Starbox(STBX)$ empowered by AI--news release from STBX that it has launched AI-enhanced technology to sharpen & better its services. Let's see how the market reacts to the announcement. A solid basing pattern with increased volume--STBX (StarBox, a Malaysia high-tech firm) 🧿has bumped its head on the resistance zone near $2.00 for a few weeks. For a high-tech small cap, a breakout move with strong buying interest would be a great sign for major takeoff. 👊👊ImageFollow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1.Gap Zone 5940-70: $.SPX(.SPX)$ (1) today's unfilled gap marked two key points, 5940: the 50 DMA; & 5970--50% of retrace; (2) the market has been very sensitive to 5940 level, jumping up or down over it many times in last two months. (3) would be PERFECT for bears if it is gapped over tmrwImage2.Right Shoulder = Left Shoulder at 6020. Higher than my revised target at 5995, but still fit for the H&S pattern, as well as a flat w-b/2. The rebound is most likely over at 6021. The selloff after hitting 6020 signals a new regime coming.Image3.HIGHER TARGET: (1) with SPX future jumped over 5960 zone comfortably, the upward target for this rebound has moved to 5996, the 61.8%

Hello everyone! Today i want to share some technical analysis with you!1.MPW Bamboo Scroll #153 Posted: $.SPX(.SPX)$ (1) since a lot of people have noticed the multi-layer H&S formation, the market may take more time to dupe people before a sudden move. (2) I also review why SPX needs a BIG RED monthly bar to feed the bears.2.Ever since I sent out the warning last week when SPX dropped to 5830--see the price & time marker on the last chart--, SPX staged a rally to head for 5960 zone [while the pattern is VERY BEARISH in mid-term, meaning 10-12 trading days, it may snap back to shake off bears first]Follow me to learn more about analysis!!