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Same here! Please read Seth's post.
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$IWM weekly Backtest of former ATHs not looking bearish at all. If small-caps don't look bearish, it tells much about the market in general. Losing $240 would bring $230 horizontal zone into play...and still wouldn't be bearish.
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$BABA nothing changed on the weekly chart. Still eyeing the 0.382 log Fibonacci level buy + buy order block confluence around $111.
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$CLSK the quoted post remains completely valid and is the main thought framework for me. Now back at the 0.5 log Fibonacci level at $8.61.
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$MARA weekly This damn 0.5 log Fibonacci resistance at $9.08. Still no reclaim.
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$SATL got that higher low, reinforcing the bullish structure, but got rejected at the 0.786 log Fibonacci resistance as outlined in the quoted post. Incredible move from $2.90 to $6 within two weeks, completely normal to not breach through the strong 0.786 resistance on the
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$AMD Weekly Gann Chart Still consolidating inside the arc after getting rejected at the upper bound of it again. Incredible how well this Gann square works. Will AMD finally start to care about the gap, which I hope since I want to buy more, or will price keep ignoring it
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$SATL Weekly Gann Chart Guess where it's finding resistance again...
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$PLTR still having a hard time at the 1.618 log Fibonacci resistance, with a reclaim being essential to confirm the potential higher low on the weekly chart.
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$SOFI Weekly Gann Chart Man, losing this horizontal level around $25 resulted in a painful waterfall decline that's not really stopping just yet. Does it really want to go back down to the angle (now located around $13) just like it did last year during the other
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$RIVN Weekly Gann Chart Another rejection at the sell order block. Still approaching the angle around $14, which aligns with a buy order block.
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$COIN Weekly Gann Chart No breach of the horizontal, which I've outlined as the condition for the confirmation of a bottom. Now approaching 0.618 log Fibonacci support at $158 again.
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$IREN Weekly Gann Chart Upper bound of the arc = $34 Lower bound of the arc = $29 Strong support zone there
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$SPY before $613, there's also the weekly Ichimoku cloud as potential support around $620 next week. Forgot to mention that in the update below.
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Something to consider. Jim Cramer is bearish on the whole market now.
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$NVDA weekly Bollinger bands have been squeezing hard for months, signaling that increased volatility is likely to come. That volatility is arriving now as Bollinger bands start to expand, with the move resolving to the downside. 1 log Fibonacci level at $153, weekly Ichimoku
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Not posting too many charts today because there's just one more day left until the weekly close!
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Trump lying to everyone, as usual. I'm surprised the market even reacts to anything he says at all by now.
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Might be, but who's going to read this generic, soulless rubbish? I already get triggered by these annoying bot comments because they sound so rubbish all the time.
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