Follow me for broad market analysis. I post $SPY updates daily. Posts are my opinion and are in no way financial advice. (DM me for Tradytics referral code)Joined June 2011
$ES So we reclaimed that DTL but mostly just consolidating the past month. I still think we see 6300ish *but* then the bottom of my channel (10%ish down) by end of March - Moved path to show current thoughts
$ES So we reclaimed that DTL but mostly just consolidating the past month. I still think we see 6300ish *but* then the bottom of my channel (10%ish down) by end of March - Moved path to show current thoughts https://t.co/VPMvIxqocP
$SGMO For a little Saturday entertainment. A little back and forth with Chat GPT and had it generate an article about the potential upside for their Fabry drug program.
$SGMO was a name I had never heard of until it was mentioned by @ShortsellerST. He's a highly intelligent investor who has definitely done his research on this company. I suggest you give him a follow. This monthly chart is one of the most beautiful rounded bottoms I've ever…
for the $QQQ 's path would look something like this...note that unlike the larger drawdown that $SPY got in Summer 2024... QQQ drawdown was smaller as Mag7 held up...A similar drawdown in Q1 (11ish%) would take us to the UTL below shown by upper red arrow...my likely support
$SPX...In my eoy 'path' call for 2025 I alluded to a 20%ish drawdown in Q1...In hindsight I think I should have suggested 10%ish...regardless we currently have a new weekly closing low (#RalphBlochBottom) with most indicators stretched to extremes...we now work to the fuscia DTL…
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