TradingSurfers

TradingSurfers

SPX's weekly RSI is approaching its bull market support level (~40)... - Similar to October 2023, when a V-bottom formed before an AI-driven bull run. - Similar to March 2022, when a dead cat bounce preceded further declines. What do you think will happen this time?

TradingSurfers

AAPL wedging, beware... The next opportunity to long the stock is in our green box.

TradingSurfers

If Bitcoin cooperates, Bitcoin Cash could follow our green path.

TradingSurfers

Bitcoin recently reached $98,000, approaching the psychological milestone of $100,000. Bitcoin could correct and visit this green zone located between 83100 and 88900, before, starting the final leg up towards 136k. Are you ready?

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The macro resistance for Gold will be difficult to surpass. Are you bullish or bearish?

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ENS under weekly resistance and above daily support. Which algos will win the battle? Either the bulls push prices from 11.90 to 39.77 (green arrow), or bears break 11.34 and trade the red downtrend.

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NEAR could continue to correct on the daily timeframe before decisively bounce off the Golden Zone (GZ) long and break geometric resistance. In the bullish scenario, the target is $15.3. That represents a +572% increase if we get there.

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Beautiful. FET is in a daily traditional series (blue) that should help prices to reach the weekly profit target at $4 (green) before correcting drastically. Break $2 and prices could triple.

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SUI targeting $9.82 after hitting the Weekly GZ long at $0.41 in October. Will it get there? If the project deserves it, algos will send it there. The Elliott Wave Principle suggests that micro W4 is coming. Wave 5 should reach the upward line of the channel, at minimum.

TradingSurfers

ADBE could be within a second triangle that could last a year in more. The investing opportunity could come when prices hit this green box again, possibly at the daily GZ long located at $380. If $275 holds, the target will be $854. Big upside potential if our primary scenario plays out!

TradingSurfers

GOOGL possibly within subminuette 5 of minor wave 3.

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NVDA on its way towards $162 after breaking out of its submicro W4 triangle.

TradingSurfers

$26-29 seems likely in MUR. The green path also matches with our bullish EW count. If that first green box breaks down, the next one is much lower, at 11.36-15.5. Oil stocks are going to pump at some point, especially if something breaks in the ME (😢 ). Please like and share if you appreciate this market update.

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The Volatility Index (VIX) surged out of its downward wedge on August 5. On that day, it briefly broke through the lower boundary of the macro channel, only to be sharply rejected by weekly algo-driven shorts and the channel's median line. Currently, the VIX index has fallen back below the lower boundary of the macro channel, which once acted as support and now...

TradingSurfers

Previous post: Bullish divergence: Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed...

TradingSurfers

DXY at horizontal support and VIX futures rollover in 5 days www.macroption.com Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our...

TradingSurfers

Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...

TradingSurfers

Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...