bsdvs23

bsdvs23

This may not be the type of post that satisfies everyone's thoughts and outlooks; however, lets get with it. Current price of this post is 144.15 There are many moving parts for TSLA, but what matters the most is not what we think; moreover, how the markets react. With that being said, we could see the following moves. Upside: first point touch 152 range 160 -...

bsdvs23

The index is sitting in an equilibrium area with some overhead supply sentiment above. There is a good chance of the price action breaking back below the 50 day moving average with a potential of breaking down to that 11,400 area and into the Yellow Box range. Keep your head on a swivel with the Yields and any market rotation.

bsdvs23

The index is sitting in an equilibrium area with some overhead supply sentiment above. There is a good chance of the price action breaking back below the 200 day and 50 day moving averages with a potential of breaking down back into the white boxed area. Keep your head on a swivel with the Yields and any market rotation.

bsdvs23

Attached is my chart with annotations on where I believe the price action is headed. My bias is to the downside, even if the price action gaps up into the dominant supply zone(s). I believe we will see a decline in subscribers and we may finally hear about some new features where NFLX will be adding additional fee's for AD vs Non-AD subscription plans to help...

bsdvs23

I provided some content around this stock, but let me also outline the intraday levels as you see on the chart. If price gets down to our 163.73 to 161.72 it is a buy, IMO. The same as I outlined this past Wednesday, but be patient and wait for the levels. You can check out my profile where you can find additional content on this stock and others. Also linked...

bsdvs23

Zones to watch for on AAPL are as follows: 135.42 137.90 140.98 145.95 150.93 154.00 156.49 You will also see additional levels on the charts that carry a level of significance. This week has plenty of economic news; nevertheless, focus on the big picture of the markets on how they're behaving versus how you may interrupt the economic news...

bsdvs23

We have a lot of economic news this week with the CPI tomorrow and the FMOC on Wednesday. The news media's are constantly talking about the same thing they've been talking about all year and that's Recession, Bottoms, and Tops. Personally, I said to avoid the media in general. Remember they need x amount of hours of content to fill segments; therefore, they'll...

bsdvs23

When it comes to China I like to watch the Hang Seng Index. That index remains in a bullish bias complexion with resistance levels at 19,706.90 and 19,983.24. Downside potential areas are 19,483.56, 19.260.22. China has been experiencing self-government policies, of which, are dictating their markets significantly. All-in-all, I do not correlate the two as...

bsdvs23

With a new week in focus I reset our Data Points and conduct a reassessment of the broader markets. As the new weeks' begin, I like to give the markets breathing room; therefore, seeing how market behaves around my data points, and around my neutral levels. With that being said, I will outline the levels in the below, of which, are important for all timeframes. I...

bsdvs23

#SPY is a BUY "at or below" 393.16 (in my opinion, of course 😉 This is based on my Data Model, as I've outlined others' in the same camp. 400 is a real potential by end of the week. When prices reach certain data model levels they trigger potential (and viable) trading situations. These data models are only valid for the current week in question with a 75%-85%...

bsdvs23

The NASDAQ100 Futures have reached my statistical trigger; therefore, the 11,435.20 and 11,415.20 level is where I'd be scalping into long positions for the week with a close above the 11,435.20 area for the current week (for starters). There are other reasons for the turning points, which can be found on the link charts in the comments where I provide some insights.

bsdvs23

Just like I posted about AAPL (linked below) I am in the bullish camp for TSLA to close above the 178.57 level this week and possibility into the high 180's to 194.86. The 173.55 level could be used to initialize an entry.

bsdvs23

I like AAPL under 141.35 for entry triggers with potential to 147.80 and up to 150/154. Also keep an eye on TSLA and the Risk On.

bsdvs23

Markets are making more 52 week lows, which is not a good sign. Tomorrow is another day. I’m Expecting short-term digestion and then markets will catch the rally (not sure on new highs), but there will be pockets of FOMO. 2023 remains unchanged as inflation will remain high and very present with plenty of new IRS laws, earnings cuts and significant swings in the...

bsdvs23

#SPX Daily Chart broke below our 3,704 Weekly Level and the 3,689 Daily Level, then 3,558 to the downside. Next stop is 3,617 with a resistance level of 3,670.

bsdvs23

Jamie Dimon has set the fear expectation, prior to the banks report this week. Attached is the JPM CHART on a 15 minute time frame The lines on the chart are referenced below and on the chart. Yellow Dotted = Intraday Levels White Dotted = Daily Chart Levels I expect the PPI or CPI to be a catalyst for the market to get a counter trend going and Friday bank...

bsdvs23

It is time for the markets to get that counter trend in my opinion; especially after Jamie Dimon came out screaming about recession 'potential'. He did this last time with the "A storming is coming" and "Now it's a hurricane" prior to a market run. Note they, JPM, also report this Friday with the other banks. Ride the waves and flow with the money.

bsdvs23

Bias: Bearish *My bias criteria doesn’t necessarily indicate a directional position - it is based on technical criteria at the close of each trading session. In my opinion, it is time for the broader markets to start accumulating assets / equities. I think it’s time for investors and traders to FIGHT THE FED. The Fed has been wrong for two years, yet the...