NDX 1k point drop coming
The NDX index is very close to strong resistance at the Yr1 & Qr1 pivot points. I see a possible1,000 pt. pullback coming in Q3 to the QP.
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XLK testing strong resistance
XLK look for strong resistance at the Yearly R1 & Qrtly R1 pivot points.
TLT at Qrtly R1 resistance
TLT is testing 1st Qrtly resistance at the Qr1 pivot point. Good spot to scale/reduce some long risk. If price fails to close >Qr1 may...
ARKK near 1st. profit target
On May 6th, I posed here that ARKK was near strong support on the YP & QS1 pivot points. Now it's close to my 1st. profit target at the...
SPCE up almost 200% in 1 month
SPCE look for resistance here at the QP & Yr1 pivot points. Yr1 is a good spot to reduce or hedge risk.
COIN testing 1st. monthly support
Coinbase (COIN) is a new IPO so we don't have very many pivot points to work with yet. In June, the Fibonacci monthly S1 pivot has caught...
ETHE near the Yearly Pivot(YP)
ETHE the Yearly R2 pivot back to the Yearly pivot(YP) = textbook algorithmic move. Look for strong support on the YP.
Dow Jones support 32,500-32K
Look for support on the Dow Jones index DJIA at 32,500 to 32,000.
SKEW index at Yr1 resistance
The SKEW index is flashing WARNING at the Yearly R1 pivot points.
XLE is near resistance
The XLE so far this quarter, the QP to the Qrtly R1 pivot point. Looking for stronger resistance at the Yearly R1 pivot point.
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