Hello everyone! Today i want to share some technical analysis with you!1. $.SPX(.SPX)$ 11:00am TMRW--Set up an alarm for this event [Powell is no longer the REAL MARKET MOVER now]--I give it a five-star rating, as there are FOUR unfilled SPX gaps below. Have a feeling that AT LEAST ONE WILL BE FILLED [won't be surprised if the speech triggers two]. NTA.Image2.MPW Mid-Week Update Posted: (1) quite a steller high-pole jump for the bulls--a vertical 370 points rocket launch with four unfilled gaps. (2) a new ATH did alter the large picture and offered some new options. ImageFollow me to learn more about analysis!!

Hello everyone! Today i want to share some technical anlaysis with you!1. $.SPX(.SPX)$ As I noted on Jan. 17 (see the tweet attached), the "bearishness is too high" and "it will trigger a snap-back rally, even without any catalyst." Turns out that most bears joined the bus at the wrong time--SPX jumped 250+ points in a few days. Last low 11/2/23, also a major low.Image2.Tug of War: [Mag-7 disagree with earch other in terms of direction]==let's see at the end of the day, who has more pulling power?ImageFollow me to learn more about analysis!!

Hello everyone! Today i want to share some trading ideas with you!1.Bearishness too high--haven't checked this indicator for some time, and it turns out that the bearish sentiment ran to a 1-year high. That is a bit unwarrented and goes to an extreme, which will trigger a snap-back rally, even without any catalyst.Image2. $.SPX(.SPX)$ MPW Bamboo Scroll #155 Posted: (1) last week's price moves filled the election gap and rose to the left shoulder level of 6020. (2) with so many large gaps almost everyday, how can a trader survive, let alone prosper? ImageFollow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1.Mag-7 led today's retrace--while the rest of market played catching-up to yesterday's moves. $Cboe Volatility Index(VIX)$ Seems odd IF the softened CPI data does put FED back on track with more cuts. More likely that the rationale behind post-CPI rally was a misplaced delusion. Gap-Fill Coming at 5842.Image2.Rinse, repeat. [if a large gap-down open tmrw, then a high chance that $NASDAQ 100(NDX)$ would re-visit the lower blue trendline, for the sake of pattern perfection.]Image

Hello everyone! Today i want to share some technical analysis with you!!!1.MPW Mid-week Update Posted: (1) as noted many times, the purpose of W-4 is to frustrate both bulls and bears as much & as long as possible. It looks like the market is doing just that. (2) with large gap up & down everyday, Image2.For a potential 100+ point move, you'd better have some small bet (be prepared for losing them all; however, if you are right--like in this case, the reward is sweet). I opened this position when I tweeted the "positive reaction to CPI" message. Cost at $2.3 and last price $8.Follow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1.Earnings Season Begins with Large Banks: (1) several major banks line up to report their earnings tmrw, which will set up a sizable move--not trending day, but very jumpy.(2) however, the real deals come at the end of this month, when $Tesla Motors(TSLA)$ , $Meta Platforms, Inc.(META)$ , $Microsoft(MSFT)$ , $Apple(AAPL)$ get together.Image2.NYA gave the hint: (1) among all key indexes, NYA--the New York Stock Composite Index, has the clearest pattern for the ongoing rebound. (2) the divergence at daily time frame supports a sustained rally to retouc

Hello everyone! Today i want to share some technical analysis with you!1.From MPW Scroll #154 posted last weekend, “next Monday would start with a fairly large gap down, opening at 5800 or even 5782;” that is a very accurate read of the market. Let’s see whether the rest of the prediction is correct or not. $.SPX(.SPX)$ Image2.Just arrived LAX and missed the intraday rebound; all short positions were stopped out in the first hour; the rebound is not impulsive enough so far; it needs to retest and hold 5800 tmrw to validate the bottom at 5780; the first series of correction “may” have completed today.3.The Red Path in this Jan 2nd chart is still worth noting, though. So far, the decline from 6100 has been very tentative, a typical feature of a larg

Hello everyone! Today i want to share some technical analyisis with you!1.RED PILL: $.SPX(.SPX)$ (1) For subs: it seems that the market has chosen the Red Path to go--see mid-week update posted yesterday. (2) with SPX futures dropping 30+ points, it would be crucial for bulls to defend 5874 tmrw morning. (3) then the life-vs-death RED LINE at 5830. If gone, whew..ImageFollow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1. $Starbox(STBX)$ empowered by AI--news release from STBX that it has launched AI-enhanced technology to sharpen & better its services. Let's see how the market reacts to the announcement. A solid basing pattern with increased volume--STBX (StarBox, a Malaysia high-tech firm) 🧿has bumped its head on the resistance zone near $2.00 for a few weeks. For a high-tech small cap, a breakout move with strong buying interest would be a great sign for major takeoff. 👊👊ImageFollow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1.MPW Bamboo Scroll #153 Posted: $.SPX(.SPX)$ (1) since a lot of people have noticed the multi-layer H&S formation, the market may take more time to dupe people before a sudden move. (2) I also review why SPX needs a BIG RED monthly bar to feed the bears.2.Ever since I sent out the warning last week when SPX dropped to 5830--see the price & time marker on the last chart--, SPX staged a rally to head for 5960 zone [while the pattern is VERY BEARISH in mid-term, meaning 10-12 trading days, it may snap back to shake off bears first]Follow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1.The best NEW YEAR GIFT for bears would be a rebound to 5960 zone in the next 1-2 sessions. Several reliable indicators give me strong confidence that the neckline at 5850 would be broken--either gap over or slice through--in the next downward move. After 5850, free fall to 5700. $.SPX(.SPX)$ 2.Though the current pattern is VERY BEARISH and indicates a MAJOR BREAKDOWN either later today or tmrw at the open; HOWEVER, I have to call to your attention, that this pattern also allows another bounce to 5955 zone, for the last bump. Just be careful there, both bulls & bears.3.Don't forget this multi-layer H&S formation--that is a long-term decline pattern. If the first should

Hello everyone! Today i want to share some technical analysis with you!1.Alternate Count: $.SPX(.SPX)$ (1) my primary count points to a very bearish development in next few sessions to stretch the leg downwards; (2) however, today's rebound has more leaning toward a larger sideway moves, extending to 1/7 or later. (3) the roadmap is NDX's 1-hour--same as SPX.2.H&S at 5-min chart: (1) SPX may have formed a smaller H&S at 5-min chart; (2) after breaking the shoulder line, today's rebound touched that line again--see the black arrow--then rejected so far. (3) if close below this line, the nominal target would be 5800-20--lower than 5832Follow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1.MPW Bamboo Scroll #152 Posted: (1) for my followers, some may take advantage of the last rebound to short $.SPX(.SPX)$ near 6040. (2) I laid out, step by step, how I traded the last up and down roller-coaster moves on both directions.2.Always one step ahead of the curve--check MPW's Bamboo Scroll (this is from 12/25 mid-week update--also, pay attention to the 30-min chart above, that one was posted to subs on Dec. 21--check the purple roadmap--NAILED IT). BTW, that is a 30-min chart and roadmap.Follow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1.MPW Mid-week Update Posted: (1) though a holiday-shortened mid-week, there are still some very significant moves worth reviewing; (2) two plausible options for the next step, and I chose the one that may surprise many people.Follow me to learn more about analysis!!

Hello everryone! Today i want to share some technical analysis with you!1. $.SPX(.SPX)$ is 2% below ATH--yet, $SPDR S&P 1500 Momentum Tilt ETF(MMTM)$ sit at the low point of 18.52%--translation: ONLY A HANDFUL OF STOCKS ARE SHINING, WHILE THE REST has retraced enough space during the last selloff. So, the question lingers: a, will the rest catch up with the leaders? b, the leaders retrace?2. $Starbox(STBX)$ -A gift card for the holiday season: (1) small cap with a unique business model & customer base in Southeast Asia--also the first Malaysia high-tech company listed on Nasdaq. (2) stayed below MA100 for +1 year, but began some pop-up moves with volume.

Hello everyone! Today i want to share some trading analysis with you!1.From a sea of bloody panic to a sea of greedy panic--this switch of mindset will be a major theme for the next episode of this BIG SHOW of PSYCHO. We are all leading characters and we all nail our role perfectly.2.DJI roaring back to test that broken trendline.Follow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1. $.DJI(.DJI)$ 11th in a row?Almost unheard of--DJI closes RED for 10 consequtive days. Although I think the previous day's low will be tested and broken, today's bar has to be GREEN. That is my bet.2.Three lines to watch for $.SPX(.SPX)$ : MA50, 100 & 200. If closes lower than 5924 (MA50), high likely to visit next line around 5770 (MA100). By the same token, if 5770 lost, then the BLACK LINE around 5523. Yeah, a bit ahead of ourselves here, but this correction is at a higher level.Follow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1.The Limit of $Tesla Motors(TSLA)$ : (1) For the last 2.5 years, TSLA formed a large side-way triangle to store energy for the next leg up. (2) now, with a clear breakout of the resistance & ATH, TSLA opens up a new limit for the next leg up. (3) the yellow bar is a rough gauge--yeah, 1K.2.Yeah, $.DJI(.DJI)$ closes red, the EIGHTH in a row--I can't remember when was the last time that the leader group is in such a total retrace mood while SPX is hanging near ATH.Follow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysisi with you!1MPW Mid-week Update Posted: $.SPX(.SPX)$ (1) SPX is getting closer to a key level where two upward moves from Covid Bottom equate to each other. (2) moreover, there is an extreme price point that SPX should NOT surpass.2.6118 = 3492+2626 (a key price target to watch)Follow me to learn more about analysis!!