To The Moon

Caution on the $.SPX(.SPX)$ - Every rejection from the higher Bollinger band has sent price down to the lower one, or to the 20DMA.

Thanks for the note of $138 is the line in the sand to avoid a visit to the lower band for $NVIDIA Corp(NVDA)$ .

Strong pullback over the last couple sessions, but this was due for some short term mean reversion. Below are some of my observations.Current $Bitcoin(BTC.USD.CC)$ setup I'm watching on the 2 hr chart today, currently sitting just under this downtrend resistanceMichael Saylor tells CNBC $MicroStrategy(MSTR)$ may raise $42 billion to buy #Bitcoin "much before" their original plan of 2-3 years $Marathon Digital Holdings Inc(MARA)$ also have confidence of holding $Grayscale Bitcoin Mini Trust(BTC)$ Image$Coinbase Global, Inc.(COIN)$ this is shaping up to be a beautiful retest

$NIO Inc.(NIO)$ day chart:@ACInvestorBlog$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $1X NIO(NIO.UK)$ weekly candle is now above the weekly MA30 which is something that stage analysis suggest determine if the stock is in a uptrend or not. If you look at the price action since 60$ you can see that the price has failed to stay above it. And the weekly RSI is right at 50, it has failed to break and stay above it since 2021 (unless the july rally last year) @Eagleinvestor_Can it break above it going forward?

On Tuesday, $Cboe Volatility Index(VIX)$ rose over 38%, with $W&T Offshore(WTI)$ dropped below $70 per barron for the first time since January and is now down 2% on the year.“$WTI continues to drop amid global demand weakness and particularly, continued worries about Chinese growth. On the supply side, the current shutdowns in Libya may be resolved soon and OPEC+ sources have touted production increases in October. Bounces may run into trouble around the broken $72/73 zone. “—@forexanalytix from X platformThe negative line of the $S&P 500(.SPX)$ on the first trading day of September does send a pessimistic signal. The Market wiped out $1 TRILLION

$S&P 500(.SPX)$ Wants to trade $5800. Place your bets. Bull flag breakout on Friday, lets see if we can get a continuation this week. ImageDont have to look too far to see price puts a bottom, then rally's up. Post that rally its normal to see a sideways consolidation and higher low being put- We got that last two weeks . Two things I dont do: 1. Spread unnecessary fear for likes. 2. Over look what I see on the chart. Going to be spending less time here. Summer is almost over and need to enjoy it while I can. Will try and continue with timely posts on Indices and Stocks. Its been a fantastic year already. Caught many cycle tops and bottoms over last few years with you all. Remember rest is also needed in this or any business.

$DJIA(.DJI)$ hits record high on Monday,Since returning from holidays it has been a straight forward series of gains for markets. Monday's action had suggested a potential breakout, but it got pegged back by the close with the Dow finishing on an inverse hammer at resistance. Some Dow components hit new highs, for example: $Coca-Cola(KO)$, $UnitedHealth(UNH)$, $Wal-Mart(WMT)$, $JPMorgan Chase(JPM)$, and some stocks like $American Express(AXP)$ , $Procter & Gamble(PG)$ ,

The $S&P 500(.SPX)$ made a nice August slowdown based on the seasonality chart, but we warned about a huge green weekly candle away from the base channel resistance line that acted as a support back on August 12.SPX Weekly Chart From August 12A week later, we got another huge green weekly candlestick, which indicates that bulls are strong, so $stocks will most likely stay in the uptrend in current risk-on sentiment. How long until the $S&P 500(.SPX)$ hits new all-time highs?SPX Weekly Chart From August 19Looking at the 4-hour chart from the Elliott wave perspective, we can also see a sharp three-wave A-B-C decline, suggesting a correction within the uptrend.The reason why bulls can be back in the

According to the $Cboe Volatility Index(VIX)$ , the worst market events of our lives were the 2008 financial crisis, COVID, and the Bank of Japan raising interest rates by a quarter percentage point.The $VIX spiked above 65 this week.This spike indicates market fear and uncertainty. However, it quickly settled back below 40. Look at all risk indicators to get the full picture!After $Cboe Volatility Index(VIX)$ spike to 45+, then crosses below 30 like yesterday, has always proven a buying opportunity since 1990. Can there be more downside before the uptrend is renewed; yes! Nonetheless, you've ALWAYS been rewarded for buying this signal $S&P 500(.SPX)$

Here’s a chart of the S&P 500 index from 1980 through today. Never let short-term fear control long-term decisions. Just shut up and wait:Image