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Russell2000 is breaking the long-term bullish flag

Russell2000 is breaking the long-term bullish flag

Russell2000  is in the process of breaking above the 2130. This should confirm a break for the fifth extension higher to 3000. The next big resistance is 2200. This should be a fifth-wave extension. Learn to Trade Indices profitably.   MENTORING WITH FUNDED ACCOUNT The Weekly Russell2000 chart reveals a […]

AMZN breakout upside above the previous high

AMZN breakout upside above the previous high

AMZN  is heading for a test of 200 which is a strong resistance for a continuation higher. A confirmed break above this resistance will lead to a continuation higher in the fifth wave to 240. The next resistance is 220. Learn to Trade Stocks profitably.   MENTORING WITH FUNDED ACCOUNT […]

QQQ is breaking above the rising wedge

QQQ is breaking above the rising wedge

QQQ  is still testing the strong resistance 490 level for a continuation higher. A confirmed breakout above this level is required to continue higher in the short-term and long-term fifth uptrend Elliott Wave. Strong support is 450 level. Learn to Trade ETF profitably.     MENTORING WITH FUNDED ACCOUNT The […]

TSLA long-term bullish flag?

TSLA long-term bullish flag?

TSLA  is within the LT bullish flag (it seems like that for now) and in the potential third wave beginning which can be triggered upon a confirmed break above 230. A confirmed breakout above this level is required to continue higher in the third wave. Strong support is a symmetrical […]

Unleashing the Potential: DJIA Faces Critical 40350 Resistance Challenge

Unleashing the Potential: DJIA Faces Critical 40350 Resistance Challenge

DJIA  is being rejected from strong resistance 40350. This is also a long-term upside channel and it’s possibly the fifth of the five upside waves. A confirmed breakout above this level is required for a continuation higher and another extension. Learn to Trade Indices profitably.   MENTORING WITH FUNDED ACCOUNT […]

Will XAUUSD continue higher?

Will XAUUSD continue higher?

XAUUSD is being rejected from a strong resistance 2435. A confirmed break above this level is needed for a channel breakout and an extension in the fifth Elliott wave short-term and long-term. This could be a fourth-wave pullback and support to trade long is 2300.  Learn to Trade commodities profitably. […]

SPY confirming the top?

SPY confirming the top?

SPY has reached a new top of 535. A confirmed break above this level is needed for a channel breakout and a test of the 550 but I see it as the fifth wave upside end, especially concerning the fact that is in the stick sandwich candlestick formation monthly (bearish […]

Is NVDA at the top?

Is NVDA at the top?

NVDA has reached a new top of 1068. A confirmed break above this level is needed for a channel breakout and a test of 1100. This is a long-term uptrend channel resistance and a possible Elliott Wave long-term fifth wave end. A rejection here is required for the downside reversal […]

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