Hello everyone! Today I want to share some technical analysis with you! Hope it can be helpful to you!See the RED ARROW: (1) How many of you thought my RED ARROW for $Apple(AAPL)$ 's path forward was too bearish and dramatic when I posted it yesterday--see the previous articel attached. (2) well, it turns out that my bearish take is NOT bearish enough. (3) AAPL will open inside the yellow circle.ImageGap Fill $NVIDIA Corp(NVDA)$ : (1) If you missed the AAPL cart, no problem, as there is one candidate for a fast-move. (2) even for the BULLISH count, NVDA's structure calls for a refill of the monstrous gap btw $300-366. (3) not sure what would be the catalyst, but I think we will know soon.Image

Hello everyone! Today I want to share some analysis on .SPX, SPY and NYSE with you! $USD Index(USDindex.FOREX)$ China Connection: $S&P 500(.SPX)$ (1) even with some surprising rate-cut measure by Chinas' central bank, its stock market continues the downward slump today. (2) no spill-over effect--until a few hours ago--when SPX suddenly realized that something went wrong and gave back all of its gains.Image $SPDR S&P 500 ETF Trust(SPY)$ SPY BB + SMA 50: (1) since March 29, when SPY jumped over SMA 50, it never dropped below this pivotal line. (2) also, whenever SPY touches the lower BB line, it would reverse higher. (3) interestingly, both these t

Hello everyone! Today I want to share some technical analysis on .SPX with you! MPW Mid-week Update Posted: (1) pulled an all-nighter yesterday, so messed up with the schedule a bit. (2) in the mid-week update, I provided a tentative roadmap for the next week and beyond. Image4480 STILL: $S&P 500(.SPX)$ (1) Gapped over the EMA50 line at 4480, but this one needs some follow-up to sustain the breakout; otherwise, it is more like a head-fake. (2) over 4505, I may re-consider the bearish case; so far, still within the normal rebound range for a small w-2.ImageHIT 4505: $S&P 500(.SPX)$ (1) Bulls make their case--now, SPX stands comfortably above 4480, so the very-short-term bearish case is mute. (2) ba

Hello everyone! Today I want to share some technical analysis with you. $NYSE(NYSE)$ NYMO Aims at +0: (1) after a steep divergence of NYMO at the last low, it normally would at least get to above 0 during the rebound.(2) now, with today's positive move, it should get there. (3) also, SPX rallies toward MA50=4450-60, which may cause a pause in the rebound.ImageHitting 4458, Targeting 4470: $S&P 500(.SPX)$ (1) in Bamboo Scroll #82 posted Aug. 26, I laid out the path forward for this rebound: "would test the rebound high of 4458" and aim 50% retrace of 4470. (2) now, SPX is getting there--on time and on target. (3) that is another 100+ point nailed.Image $S&P 50

Hello everyone! Today I want to share some technical analysis with you! $S&P 500(.SPX)$ $NYSE(NYSE)$ NYMO: (1) multi-day rebound after the -96.65 low last Thursday; (2) now, a divergence of NYMO with SPX/NYA price would set up a larger rebound--meaning a higher low for NYMO, but a lower low in SPX /NYA in the nest few sessions. (3) Powell's speech may do the trick. Let's see.ImagePanda in Singapore: $Straits Times Index(STI.SI)$ (1) not sure how many of my followers are in Singapore; (2) not sure how many want to have a face-to-face chat with MPW; (3) not sure whether next week around Aug. 31-Sept. 1 would be a good time; (4) not sure whether TEACT model wo

Hello everyone! Today I want to share analysis on NVDA& .SPX with you. Hope it can be helpful to you! $NVIDIA Corp(NVDA)$ Earnings: (1) the sharp reversal of NVDA ystdy gave rise to a potential flat w-4 after earning; (2) since w-2 is a sharp zigzag wave, so it is more likely w-4 would alternate it with a flat, or a more complex pattern. (3) either way, $481.9 is not the top [see 30-min chart]Image $S&P 500(.SPX)$ Magnet 4444--as expected (see the tweet below), the rebound continues and targets the confluence zone of 4440-4450. Time-wise and price-wise, if SPX gets there, NYMO will be ready to reverse and create the divergence, as laid out earlier this week.ImageMPW Mid-week Update Posted: (1) as

Hello everyone! Today i want to share some technical analysis with you!1. $ProShares Ultra VIX Short-Term Futures ETF(UVXY)$ made a choice: (1) see previous tweet, I marked 10/31 as the last date that UVXY has to made a choice; (2) it did. UP! This breakout is only the first step of a MAJOR CORRECTION phase. (3) if you are familiar with EWT, this ongoing slump is same degree of 2022 correction.2.Now, as promised, by the end of October, I will revisit the heat-map of SPX 500--to see the final scoreboard for the major stocks. The color is mixed, as opposed to the glaring green from wall to wall in mid-October (see the previous tweet).3.Now, $.SPX(.SPX)$ 's monthly candle color turns RED--esp. the long-wick

Hello everyone! Today I want to share some technical analysis with you!1.The Freight Train is still charging forward: $S&P 500(.SPX)$ (1) I was wrong about the correction--still humming and churning. (2) stopped out my short with loss--will control my itch of getting in, until the final target & turn date. (3) notice that UVXY is rising too. Interesting.Image2.NDQ ATH at 16800: $NASDAQ(.IXIC)$ $NASDAQ 100(NDX)$ (1) for those who haven't noticed, NDQ--Nasdaq 100 just made an ATH td. (2) quite a round-trip journey, taking exactly 2 years--you may call this Double-Top, or else. (3) for EWT, the bearish count from Nov. 2021 is officially dead. DJI did this a

Hello everyone! Today I want to share some technical analysis with you!1.4221-4241 GAP: $S&P 500(.SPX)$ (1) market has a great memory of the scar in the past, i.e., big gaps. (2) a major breakaway gap during the rally phase at 4221-4241, now brings back a lot of painful memory for the market. (3) it normally takes a couple of sessions to digest the pain.ImageNextm, Low is 4220--like I said, if SPX can turnaround at the lower edge of the formal gap (4221), then it has a chance to chop further in the zone. It did. The low is 4220, and now SPX aims at MA=200=4237 again. I think it has a chance to close above it today, waiting for $Microsoft(MSFT)$ & $Alphabet(GO

Hello everyone! Today I want to share some technical analysis with you!1.CPI vs. Big Moves: (1) tmrw pre-market, Nov. CPI number will be released. (2) ever since Oct. 13, 2022, when that CPI number triggered one of the most volatile sessions in stock market history, every release left its mark. (3) 8 ups, 6 downs, some very big moves. Be prepared.Image2.Mag-7 are retreating--or recharging--in preparation for the last thrust higher. Even without them, however, the market manages to climb up today--showing the underlying strength & breadth of the rally.Image3.Gap Fill at 4637-4662: $S&P 500(.SPX)$ (1) Jan. 18, 2022, SPX left a large gap open; on Mar. 28, 2022, it tried to fill that gap, but only made to 4637. (2) almost two years later, SPX