The Long Investor

$SPY TOP 20

My thoughts on the market day:

If CPI comes in hot then there is likely going to be a flush down to the green line at $565 this week then and we can assume that the 200 Day MA will be tested over the the next week or two.

A cooler CPI and support could be in then on the 0.5 Fib at $574 and we could be looking at the 50 Day MA getting flipped back to support which would put final Wav...

SILVER - SAFE HAVEN - TOP 10

As we lead into CPI this morning, Silver is sitting right in the centre of the strong confluence level at $30.

The 50 Day, 200 Day, 0.618 Fib and blue support/resistance level is here too.

The impulse structure remains strong but their could be a knee jerk reaction here from Silver if CPI comes in hot, this changes nothing for us or our strategy

I continue to believe that Silv...

$LVMHF - TOP 10 - WATCHLIST -

Solid price action this week and we still have a stable hold above the 0.618 Fib at $635.

Big test next to flip the 0.38 Green Fib to support at $676 and I believe this can move higher next to the 200 WMA and $765 and we have a strong movement in an impulse wave and the Top Blue line remains the target at $1000.

I believe $LVMHF will outperform the market this year.

$JASMY

$JASMY is still in its impulse structure, above its blue support line, its 200 Day MA and the standard 0.618 Fib

So there has been no break down, just an extended corrective wave, so all we need to see is support levels still holding and this reading is clear.

Wave 3 target remains in place but I am pushing the date further down, as the corrective wave has been extended.

Stil...

$DDOG - RC -

$DDOG continues to look good and as long as there is a hold between 0.38 Fib and the 0.5 Fib between $134 and $142 then $DDOG could possibly follow the $QQQ and move higher to complete its own Wave 5.

A lot of charts are aligning right now in a similar manner.

$HOOD - WATCHLIST -

$HOOD is on the cusp of making a higher high above the $43.85 level which would further confirm the trend to the upside and I would consider Wave 4 complete and comfortably being in Wave 5.

Wave 5 is quite high at the 2.618 Fib at $56, so no changes.

$PFE TOP 10

$PFE's structure remains in place in spite of the tests towards the health sector this week.

We can see here a retest of the blue support line from above and the 50 Day MA and so far holding above $26.40.

Earnings is due on the first week of $PFE so this could be the catalyst to finally allow this to move higher and complete Wave 3.

A reminder that this is a TOP 10 FOR 2025 st...

$OSCR

Nice performance so far today and a good support so far on the higher low on the 0.78 Fib.

Price is also above the 0.618 Fib level too and looks set to test the 50 Day MA from below next.

Holding above the 50 Day MA will also mean a hold above the larger 0.38 Fib at $15.46 and we will have a higher low and higher high next.

The 200 Day MA could be next then at $17.25

$IWM

In an odd change, the $SPY, $QQQ and $IWM could all be aligning now if they have just completed their Subwave 4 and are awaiting one final rally up.

I have added the potential Subwave 4 count on the $SPY and $QQQ chart over the last 24 hours so this would be very interesting to see all ETFs aligned now.

This could very easily happen with a cooler CPI, Trump starting in office and a ...

$ACHR

$ACHR also flushed down -8% yesterday but up +6% now in the PM.

We can see that the pull back has held right in between the important Fib levels we watch for Wave 4, so the price action is doing as it should.....although it did happen very quickly....a hold now above $7.70 and Wave 5 is in play at $18.

We can also see that the 50 Day MA is also moving up to the range to offer suppor...

$BUD

$BUD has broken down very harshly out of its triangle now and is making a move to the 0.78 Fib at $42 again, which was the support level held at the end of 2022.

The price is also considerably below its 200 WMA now which is at $60.

Although I am not a big fan of the brand or beer, if the 0.78 Fib is not held and the price drops to the blue Covid Low level at $32 at our Wave B spot.....

$COIN

$COIN Wave 4 is still valid and has been held up by the 0.618 Fib, just below this level the 200 Day MA is waiting if needed to stop any infringement below the top of Wave 1.....we see this happening a lot with the 50 and 200 Day MA's, always in the right place at the right time to offer support.

$COIN is heavily linked to $BTC and $BTC is back up to its 50 Day MA now at $96k, so getting ...

$HIMS

$HIMS showed some notable relative strength yesterday and reinforced (of all people) by Morgan Stanley, who said again that their PT for $HIMS is $42....they must have read my tweet on Sunday bad mouthing them.

Disclaimer: I do have friends in Morgan Stanley in NYC who have said that my page and tweets are commonly spoken about in their offices.

We know that the blue support line a...

$ETH

Very very good response from the bulls after the flush down yesterday to inbetween the 200 Day MA and the 0.618 Fib, the sweet support spot.

Price has jumped +8% since then and although we are not candle enthusiast here, this is a clear bullish reversal signal on this daily candle.

All we need to see is an impulse wave forming next now and the ABC pull back could be complete.

...

$QQQ TOP 20

Yesterday I added the $SPY chart that would favour the bulls and the pull back we have seen is simply a Subwave 4 of Wave 5....so I have added this to the $QQQ chart too and we can see they are very similar....as the price action has pulled back into between the 0.38 Fib and 0.5 Fib range.

This is where it needs to hold however.

One more retest of the 50 Day MA will be important her...

$NVDA

There was a strong flush down from the market and the semi sector at the opening yesterday but as the session continued, large dips were getting bought and with the positive PM activity this morning, almost all losses from yesterday have been recovered.

A PM like yesterday is not comfortable but there was no update on economic data, Fed speeches or earnings, which is why we asked to exerc...

$RKLB

I would be concerned about this set up if I was currently holding $RKLB

We have seen a lot of setups like this that have all fallen to the downside after going very parabolic and this looks no different.

Losing the $23.50 support line and the blue line and the 50 Day MA come in to play at $21....below this level and we are into an ABC correction, with the 0.618 Fib at $13 always bei...

AML - ASTON MARTIN - LSE

There is a clear arc now developing for Aston Martin as it threatens to finally break out of this very long descending triangle.

The 50 Day MA is also keeping the price suppressed below 108p.

I believe that if AML can continue to stay above the blue line at 84p and consolidate along this arc then a reversal can come, with substantial upside to 400p.

I will continue to monitor ...

$CVS

There is a strong argument to suggest that $CVS is ready for a reversal.

• Price has pulled back in 3 waves to the 0.78 Fib at $42 and held

• Price has now bounced and up +6% on a difficult day for the market

• 200 WMA is all the way up at $80 and the current price is $51

• ABC pull back lasted 10 years!

• Fundamental remains stron...

  2025-01-13 17:28:10 +0000 UTC View Post

$SPY TOP 20

Yesterday we said that the bulls needed to start the week strong and unfortunately they have not done this, I have assessed potential support levels that the bulls must try and hold in order to save the price action from dropping as low as the 200 Day MA at $556.

Price fell down as low as the 0.5 Fib today in white at $575, which would still make a subwave 4 valid for this final market Wa...

$BLDE

Strong pull back after a failed attempt to make a higher high above $5.20.

Structure is not a concern right now but I would like to see the $4 level recaptured for comfort

In the meantime, a test of the 200 Day MA at the 0.78 Fib at $3.51 is certainly a possibility next, holding here and $BLDE can reverse again to the upside.

First Target has not changed.

$UNH

$UNH has held support on its 200 WMA now between $480 and $500 and has held support on the 200 WMA for 4 weeks now.

We can see that 50 WMA has now been tested but in the PM there is some green here which is rare this morning and this brings the price action above the 50 WMA at $536. Holding above this level and the price can move back up to the top blue line at $558 again, this would put ...

$SQ

In terms of structure, very little has changed here for $SQ, it has pulled back in 3 waves so far to in between the 0.38 Fib and 0.5 Fib levels but it has lost the 50 Day MA and back into the broadening wedge now.

For now, holders should continue to hold as the structure remains in place and the price is still above the 200 Day MA at $73

I do not hold $SQ but if I was, I would be co...

$ETH

The PM is rough right now and Crypto is feeling it too

$ETH chart remains the same as the previous one uploaded and we look set to test the 200 Day MA next at $2985 and the 0.618 Fib would also be a possibility too at $2870.

My commentary remains the same, I would consider adding to my position again under $3000.

$BIDU

Continues to search for support and has made a lower low now too below the red support line which was the low in August.

Price action is deeply into this descending wedge and the trend is unfortunately strong.

By losing this red support line, the blue line comes into play at $73 which was the low from October 2022.

$BIDU, like $BABA and many of the ADRs will need a good earnin...

$NIO TOP 20

$NIO continues to be held down by the 50 and 200 Day MA and a lower low is made now too, so the last Fib support level now comes into play at $4.08.

Unfortunately if this level is not held then the Red Line at $3.62 is a possibility and this level has already been tested 2 times in the last 12 months.

I think holders of $NIO are aware that this has been a possibility for the last ...

HSI

HSI has pulled back to the 200 Day MA now and finished the session today above this level.

This needs to be said over and over: Testing lower Fib support levels or MA's does not mean that a structure becomes invalid.

The HSI has pulled back since Sept now, it is due a bounce or a reversal but we need to see support held first.

What we have seen over the last 12 months is that ...

$ADBE - TOP 10 -

$ADBE is slightly below the 0.618 Fib support level now at $413, so support has not been found yet and if the price action can not try and regain the $413 level shortly then the lower 0.78 Fib level at $351 comes into play....leading into earnings which is expected in early March.

$ADBE is a company I think will do well during a correction and it is part of the Top 10 list.

But supp...

$MSTR

$MSTR has been struggling under the blue resistance line which aligns with the 50 Day MA right now.

$BTC has not lost its structure yet and is heavily linked with the the Market right now, so if $BTC can reverse to the upside then $MSTR will get dragged up with it.

For now and with $BTC too, holding below the 50 Day MA is a concern and making a lower low below the $276 level then I ...

$PLTR TOP 20

$PLTR is down -4% in the PM now and down to $64 but many sectors are down in the PM right now and Tech seems to be the most affected so far.

50 Day MA has been lost now but there has been no retest from below yet at $66, which is what we always like to see to show that this MA has been flipped to resistance.

If the trend continues downward from here then the first test is the Green ...