GateUser-f0f4423f

Impressive recovery today. Black Monday not in the room with us

$PLTR is battling the 1.618 log Fibonacci level at $157.12

$BMNR daily Bollinger bands are squeezing very hard, indicating that an impulsive move is likely to come soon.

$NDQ Futures so far avoiding that scenario playing out by holding the lower weekly Bollinger band, which opens the door to a scenario where price touches the lower band to ultimately go higher impulsively alongside the BB expansion.

Same for $SPX Futures.

$NDQ Futures The large move indicated by squeezing weekly Bollinger bands now resolving to the downside, apparently.

💯

$TMQ weekly Bollinger bands are squeezing, indicating that a large move is likely to come soon.

I was wrong about $EOSE. The large move indicated by squeezing Bollinger bands indeed resolved to the downside, rather unexpectedly. Full transparency.

$EOSE is finding support at a buy order block and hovering around the 100-week SMA. Needs to convincingly form a bottom. A more decisive reclaim of the 100-week would be necessary, and ultimately a reclaim of the 0.618 log Fibonacci level at $7.04.

$MRVL weekly Another semiconductor name Reported good earnings recently, strong reaction upwards followed Reacted upwards from 0.5 log Fibonacci support as it should, now potentially reclaiming the 0.618 log Fibonacci level at $87.14. However, a second consecutive weekly close

Due to $AMD breaking below the 0.886 log Fibonacci support at $200.76, the chances of a gap close down to $165 have increased significantly.

$COIN solid bottoming formation on significant volume at the high-timeframe crucial 0.618 log Fibonacci level. Still has work to do, though, with the first step being a reclaim of the weekly Tenkan (blue) currently around $201.

$HOOD so far is finding support at the weekly Ichimoku cloud. The important question is: Will it stay that way next week, given the market is down right now?

Pay attention to the 2.618 log Fibonacci level at $5,131 on $GLD.

$SLV rejection off the 1.414 log Fibonacci level continues Still range-bound, nothing significant is going to happen inside that range.

Metals red, too. $GLD $SLV $COPPER

$OIL above $100 = way overextended 👇

$SPX $NDX $RUT Futures looking ugly

$TIGR nothing changed from that view.