SPY falling wedge - short term oversold - VIX wainning, looks like VIX to retreat to $18.50 area which translates into a DCB on SPY. We'd Aug 6th target = $631/633 Gap fill then probable resumption to the downside to test $613. Good luck 👍
MSTR finally had a breakout on its long forming symmetrical wedge/riangle on Friday 2/14/2025.
5 day target = $365
10 target = $380
14 day target = $400+
Between April 29th and May 12 a clear short term bear flag appears to be forming. Long term there appears to be an underlying bullish symmetrical triangle that began forming back in Feb 2020. This underlying bullish triangle would normally be of concern, yet the SPY has a similar formation which is a long term Bear Flag that began forming in February and as of...
Recent new release from several outlets upgraded FCX to a weak BUY on 4/27, Company missed earnings largely due to COVID19, Company shuffling finances around quickly to shore up losses along with fur-low's and layoffs, outlook for 2020 bleak but hopeful. Copper prices rally'd yesterday with an expected pause in it's rally today or tomorrow for a sell off in the...
