jomiaelton

jomiaelton

SMH may pull back to fill the gap above 230 before breaking out. Volume has been looking weak for bulls. So a retracement may need to happen before we have another breakout above resistance and run to retest all time highs

jomiaelton

SPX has a gap to fill between 5370 and 5400. If we make a trade lower July first we will fill that gap before seeing new highs. Macd, RSI divergence and Stochastic RSI are all showing downside Momentum. After the gap fill if SPX stays above 5470 it may get

jomiaelton

Bitcoin has been consolidating for 6 days a break above the blue line will lead to more volatility. There could be some resistance at 68200 and pull back to retest the blue line. Above 68200 the next resistance will be 73800

jomiaelton

If qqq can stay above 444 on the daily timeframe, I can see us making a run towards 460 anytime before April 05 2024, the best entry for a trade will be above the previous high at 448.

jomiaelton

AMD is on the verge of a breakout. Its a very good buy right now if it can stay about 183. We may face a bit of resistance on the way up at 193. Above 193 our Next target will be 203, 213 and then 227

jomiaelton

Apple has been on a down trend since it made a new high at 200. If it breaks out of that channel around 177 and stays above 177. It can start an uptrend. Major support and resistance levels have all been identified on the chart.

jomiaelton

QQQ touched support today and the dip got bought, if we can get back above 439 this week, we should 446-448, if we go above that zone then QQQ can start trending again towards the top of the green channel

jomiaelton

Spy has been trading in an ascending triangle since Feb 23. The market will get more volatile once we breakout of the triangle. A break to the dwownside can see us fill the gap above 497 before making new highs

jomiaelton

Netflix will likely have a pullback based on recent price action next week Mar 11-15, 2024. Below 590, my target price for the pullback is around 550-555 support.

jomiaelton

The green channel is the daily channel on spy and the blue channel is the weekly channel, spy has hit weekly channel resistance around 414, if it gets rejected there and if we break out of the daily channel to the downside, we can trade lower to support around 490. The trend has been getting weaker, the last couple of weeks, a break of a green channel will be a...

jomiaelton

We hit a major trendline resistance on QQQ today March 08th If we break below 433, the next major support is around 421. A break of 417-421 can see us trade lower towards 395