COIN -- Major Trendlines + Bearish Divergence = Breakdown?Hello Traders!
Today I have shared the chart of COINBASE. Of course we cant know for sure what price will do, however you can take clues and combine them to give you a high probability reading of the chart.
Here are the clues:
1) MAJOR TRENDLINE
2) TRENDLINE
3) BEARISH DIVERGENCE
4) BULL FLAG MEASURED MOVE
When we combine these clues, a very bearish picture is painted... This signals to me that there is a high probability price will likely reverse and trade to the downside in the near future.
I hope everyone enjoyed this post and is able to use it as an educational tool.
Thanks everyone and best of luck on your trading journey!
SPDR S&P 500 ETF (SPY)
$TSLA Giant Wedging Pattern (VCP)NASDAQ:TSLA is in a giant 7 month wedging pattern. It can be seen as a VCP (Volatility Contraction Pattern) as well. These types of patterns can break either way. However, in this case we have a rising 50 DMA (red). That suggests to me that this will break to the upside.
I already have a small position in TSLA and I will look to add if or when it breaks above the 50 DMA and again if or when it breaks above the upper downtrend line. If it breaks the lower line, I am out.
Be aware that Tesla reports earnings in 7 days, Wednesday, July 23rd, after the bell.
COIN (Update) -- Potential Max Price TargetHello Traders!
Coin seems to potentially have a little bit more steam left. If it does make one more push... where will price go?
At $429.54 we have the All Time High for COIN.. interesting enough that price was hit on the first day of trading for COIN which adds to the significance of this price level. There is also a trendline connected from pivot to pivot. These two factors converge and create a significant level of resistance.
Most likely I will be entering a short position at this level.
Thanks everyone and best of luck on your trading journey!
SPY (SP-500) - Rising WedgeYesterday we had a breakdown of the rising wedge on SPY. I draw out some important levels to look out for coming days/weeks. The trendline since april has also been broken. ICEUS:DXY is breaking out to which is increasing the risks for a "Risk off" scenario in tech stocks and crypto.
Nothing here should be interpreted as financial advise. Always do your own research and decisions.
Nightly $SPY / $SPX Scenarios for July 19, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for July 19, 2025 🔮
🌍 Market-Moving News 🌍
🏢 U.S. Corp Buybacks Set to Propel Stocks
Citadel Securities expects U.S. companies to repurchase roughly $1 trillion of stock in 2025. With the blackout period ending in August, buybacks—historically strong in July, the stock market’s best month—could bolster valuations
⚖️ Fed Independence Debate Intensifies
President Trump’s continued criticism of Chair Powell has already weakened confidence in Federal Reserve autonomy. The fallout shows up in a weaker dollar, elevated Treasury yields, and rising inflation expectations—though stocks have remained resilient
🇺🇸 Immigration Rollback Sparks Economic Concern
The rescinding of Temporary Protected Status for ~900,000 immigrants could remove up to 1.1 million workers from the labor force. Analysts warn of potential stagflation risks, with GDP growth potentially down 0.3–0.4 percentage points and labor-market tightening ahead
💵 Massive T-Bill Issuance Incoming
Following the debt-ceiling deal, the Treasury plans over $1 trillion in T-bill issuance in the next 18 months. Money-market funds are expected to absorb much of it, influencing short-term rates and cash-market dynamics
📊 Key Data Releases & Events 📊
📅 Friday, July 19:
8:30 AM ET – Initial Jobless Claims
Weekly figure on new unemployment filings—a real-time indicator of labor-market resilience.
8:30 AM ET – Existing Home Sales (June)
Measures signed contracts on previously owned homes; key for gauging housing-market health.
All Day Events:
Ongoing corporate buybacks entering open window
Treasury auctions and T-bill issuance updates
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #monetarypolicy #debt #housing #labor #technicalanalysis
Elliott Wave Analysis: SPY Poised To Extend Higher In Bullish SeElliott Wave sequence in SPY (S&P 500 ETF) suggest bullish sequence in progress started from 4.07.2025 low. It expects two or few more highs to extend the impulse sequence from April-2025, while dips remain above 6.23.2025 low. SPY ended the daily corrective pullback in 3 swings at 480 low on 4.07.2025 low from February-2025 peak. Above there, it favors upside in bullish impulse sequence as broke above February-2025 high. Currently, it favors wave 3 of (1) & expect one more push higher from 7.16.2025 low in to 630.31 – 651.1 area before correcting in wave 4. In 4-hour, it placed 1 at 596.05 high, 2 at 573.26 low as shallow connector & extend higher in 3. Within 3, it placed ((i)) at 606.40 high, ((ii)) at 591.89 low, ((iii)) at 627.97 high & ((iv)) at 618.05 low.
In 1-hour above ((ii)) low of 591.89 low, it ended (i) at 605.96 high, (ii) at 603.17 low, (iii) at 626.87 high as extended move, (iv) at 620 low & (v) as ((iii)) at 627.97 high. Wave ((iv)) ended in 3 swing pullback as shallow connector slightly below 0.236 Fibonacci retracement of ((iii)). Within ((iii)), it ended (a) at 619.8 low, (b) at 624.12 high & (c) at 618.05 low on 7.16.2025 low (this week). Above there, it favors rally in ((v)) of 3 targeting in to 630.31 – 651.1 area before correcting in 4. Within ((v)), it placed (i) at 624.73 high, (ii) at 623.08 low & favors upside in (iii) of ((v)). We like to buy the pullback in clear 3, 7 or 11 swings correction at extreme area in 4 and later in (2) pullback, once finished (1) in 5 swings.
TAP -- Breakout Attempt -- Target LevelsHello Traders!
The chart of TAP (Molson Beer co.) is currently flirting with a major resistance trendline. Now whether or not price can successfully seal the deal and make it too third base remains to be seen.
If price does breakout, watch for a potential retrace to the breakout trendline first, then we could see the larger move to resistance level #1.
If price gets rejected and fails to breakout we could see a move below support before it attempts to breakout again.
Thanks everyone and best of luck with your trading journey!
$ALAB Forming a Megaphone PatternNASDAQ:ALAB has seen a lot of volatility as of late. I took a position in it and was stopped out for a loss due to that volatility.
I may be too fixated on this name, but I want to get involved as I think it has a chance to run to previous highs. I thought it had formed a cup with handle pattern, and I got involved on Wed. June 18th only to get stopped on Monday, Jun 23rd. I have been watching it since.
Now it appears it is forming a megaphone pattern. These patterns usually resolve in the direction of the last trend. In this case that trend was up. I like too that the 50 DMA (red) is in an uptrend. I have an alert set on the upper trendline resistance area. Should that trigger, I will look for a good risk reward entry.
If you like this idea, please make it your own and follow your trading plan. Remember, it is your money at risk.
DELTA - Converging Levels Creates Huge Resistance - Retrace?Hello Traders!
Whichever Hedge Fund that is responsible for the recent price action in DELTA mustve been in a generous mood... because theyre giving us an excellent hint as to what price will likely do next.
And what hint might that be you ask...
1) Trendline (connecting the recent highs)
2) Gap Fill (Resistance)
Individually these factors are relatively strong, however when combined they essesntially create a strong barrier that will be very hard for price to break through. Think about it like a wall made from Captain Americas shield... now try and break through that.. aint gonna be easy.
So whats next for price? If I was a betting man (and I am, incase you were wondering) I would say theres a high probability that price is going to trade down from this resistance level then retrace to the gap fill below. From the gap fill level we will likely see a bounce.
Thanks, I hope you found this post educational or helpful and best of luck on your trading journey!
SPY/QQQ Plan Your Trade Special Update : BUCKLE UPThis video is a special update for all TradingView members. I felt I needed to share this information and present the case that I believe poses the most significant risk to your financial future - and it's happening right now.
Several weeks ago, I identified a very unique mirror setup in the SPY and kept an eye on how it was playing out. I needed to see confirmation of this setup before I could say it had any real likelihood of playing out as I expected.
As of today, I'm suggesting that we now have excellent confirmation that the US/Global markets are about to enter a deep consolidation phase, lasting through the rest of 2025 and possibly into 2026 and early 2027.
The interesting thing about this price pattern/structure is that it is almost exactly the same as the 2003-2007 structure, which I believe is the origin of this mirror setup. Almost down to the exact type of price bars/patterns I'm seeing.
Many of you are already aware that I've been calling for a critical low cycle in the SPY on July 18 for many months. What you may not realize is that the pattern is based on Weekly price data. The July 18 cycle low can have a span of +/- 1-3 weeks related to when and how the cycle low pattern plays out.
Watch this video. If you have any questions, message me or comment.
I'm still here, doing my best to identify and unlock the secrets of price action and to help as many traders as I can.
Price is the Ultimate Indicator.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
Nightly $SPY / $SPX Scenarios for July 16, 2025 🔮 Nightly AMEX:SPY / SP:SPX Scenarios for July 16, 2025 🔮
🌍 Market-Moving News 🌍
📈 Record Bullish Sentiment Signals Rotation
Bank of America reports the most bullish fund-manager sentiment since February. With 81% expecting one or two Fed rate cuts this year, the group sees a rotation strategy replacing outright selling, with investors tipping toward sector shifts over wholesale exits
⚠️ Trump’s Fed Attacks Stir Policy Concerns
President Trump’s public criticism of Fed Chair Powell—calling for steep rate cuts and threatening removal—has raised market alarms over the central bank’s independence. Analysts warn such interference could destabilize confidence in U.S. monetary policy
🏦 Banks Prepare for Earnings Surge
Major U.S. banks are expected to report strong Q2 results this week. Enhanced trading and investment banking revenues are forecasted to offset economic uncertainties tied to tariffs
📡 Nvidia CEO to Visit Beijing
Jensen Huang is set to hold a high-profile media briefing in Beijing on July 16, signaling continued emphasis on China for Nvidia despite U.S. export restrictions—potentially a key narrative for tech markets
📊 Key Data Releases & Events 📊
📅 Wednesday, July 16:
8:30 AM ET – Producer Price Index (June)
Gauges wholesale inflation pressures; June expected +0.2% MoM vs May’s +0.1%
9:15 AM ET – Industrial Production & Capacity Utilization (June)
Monitors factory and utilities output and usage rates—key for industrial-sector health
Jensen Huang in Beijing
Nvidia CEO to lead media briefing in Beijing—a potential market mover for chipmaking and AI sectors
⚠️ Disclaimer:
This info is for educational purposes only—not financial advice. Consult a licensed professional before making investment decisions.
📌 #trading #stockmarket #inflation #Fed #tech #industrial #PPI
HOOD - Get Great PricingNASDAQ:HOOD and I have had a mixed relationship over the years. I have had my biggest win on the HOOD brokerage (5,000% options trade, $1200 into 60k) and at the same time I was present for the Derogatory removal of the GME button (of which I had sold before they took that button).
After many years and brokerages, I find myself returning to HOOD but this time much more experience... To my surprise, I love the platform, and I still recommend it for new traders for the ease and UI. Honestly, unless you are dealing with BIG Volume or Hot-Keying out of Low float Penny stocks, It will suit you just fine.
Now Let's Talk HOOD.
In this MASSIVE range we are looking at High $67, and a Low of $35. Thats a 47% drop!
Although we have recovered a bit, Many are eager to find a way to get in the range. Here I have put together 2 scenarios to help you play your position with confidence.
Better Price = Better psychology
Whether we are shopping at grocery store, or if we are buying a car. Getting a good deal feels better. But how do you feel when you know you overpaid?
TLDR: The best deals are the lowest purple zone "Extreme Demand" if you are Long, "Reinforced Supply" (at the top) if you are looking to get short or take profit.
Under the HOOD
Currently Robinghood is running into a little bit of a supply zone labelled "Weak Supply"
This is a new player, and we don't yet know how just how big this player is. So far they have absorbed some of that buying pressure coming in, but I would not be surprised if they we overtaken or even gapped above come Monday. This brings us to our first Scenario
Scenario 1: Blue line
With the break above "weak supply", there is headroom all the way until 51.74. This is where we will see some supply initially and maybe a small rejection.
Why would it not reject back down to a demand area like 41? Great question.
If this overtakes that "Weak Supply" zone, this will make a strong case that there is momentum behind the wheels here. I think there will be a new player reinforcing this buying if this happens all the way to the Finale at $58.01. From here I would consider taking some profits, maybe partials, or looking for some Puts.
Scenario 2: Red line
Getting Rejected by "Weak supply" would be evidence that this move was fluff. Those two demand zones may try to hold a bit, but with the lack of buying interest in the
$45 area, this won't make those buyers feel confident.
This is different story when comparing to the "Extreme Demand" zone (lowest purple zone). Buyers here have PROVEN that this is something they are very interested and they are not done accumulating yet. So from this location buyers feel confident that they are getting a good price*( see fn. )
From here this should drive demand up again, crushing shorts, and sending another nice squeeze to test that supply at 51.71
WHEW! if you made it this far, I appreciate your time!
Upvote/Follow if you enjoyed this idea, there are many more to come!
Happy trading!
* (This is a good price, because buyers are showing that it is. Although, if it did come down here, this would be the 4th test of this area. I still think there will be strong demand here, but this isn't the best tests. 2nd and 3rd were stronger.)
NVIDIA -- Major Resistance // Confluence of 3 FactorsHello Traders!
WOW... This chart is quite incredible I must say.
It's amazing how price is currently at an exact point where 2 major trendlines converge which also nearly coincides with the 1.618 Fibonacci extension. Price closed almost to the penny just above the major trendline connecting the prior highs. It will be very interesting to see what price does over the next few days.
What Does These Converging Trendlines Mean?: Think of a trendline like a wall... Depending on how "strong" the trendline is, this wall could be made from wood all the way through to vibranium straight from Captain Americas shield! These two trendlines converging would likely resemble a steel wall and would be extremely hard to penetrate. (Although there are no gurantees in trading)
What To Watch For: I will be watching to see if price can both break and confirm above both resistance trendlines. It will take MEGA buying pressure to accomplish this and would likely mean continuation to the upside. If price cannot break and confirm above then we will likely see a large retrace to support.
Thanks everyone and best of luck on your trading journeys!
SPX500 Outlook – CPI Data in Focus, Key Pivot at 6282SPX500 – Market Outlook
U.S. futures are climbing as Nvidia plans to resume chip sales to China, fueling positive momentum across tech and growth sectors.
However, investor caution remains ahead of key events:
Major banks ( NYSE:JPM , NYSE:WFC Wells Fargo, NYSE:C Citigroup) will report earnings, offering insights into the financial sector.
All eyes are on the June CPI report, expected at 2.6%. A higher reading could reinforce bearish pressure, while a softer print would support continued bullish momentum.
Technical Outlook:
SPX500 has bounced from the demand zone and is now trading above the pivot at 6282, which keeps the bullish trend in play.
As long as the price holds above this level, we expect continuation toward 6341, and if broken, extended upside toward 6394.
To shift bearish, price must break and close below 6223, which would open the path toward 6142.
Pivot: 6282
Resistance: 6341 – 6394
Support: 6225 – 6191 – 6142
Event Watch : CPI data release today – anything above 2.6% may trigger downside; below 2.6% could support further upside.
Previous idea:
Market Watch UPDATES! Stock Indices, Gold, Silver, US OILWelcome to the Market Watch Updates for Monday, July 14th.
In this video, we will give the forecast updates for the following markets:
S&P500, NASDAQ, DOW JONES, GOLD, SILVER and US OIL.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
DOW (DJI) -- Preparing For The Next Big Move?Hello Traders!
The chart of the DOW is really quite incredible... Recently price formed a textbook Inverse Head & Shoulders pattern, which led to a nice nearly to the all time high. Furthermore price looks to be consolidating in a Bullish Pennant just below the all time high resistance level.
The reason the Pennant below resistance is so significant is because this signals that investors are likely preparing to drive price higher to new highs. Think about it like a fighter resting before the next big fight.
Triple Top: In addition to the pennant price has now hit this resistance level for the 3rd time. The more times price hits a level typically the weaker it gets. After the 3rd hit the chance of a breakout increases dramatically.
In Summary: The "Triple Top" in conjunction with the "Bullish Pennant" means that there is undoubtedly a very high probability that price will breakout and make new all time highs.
This post is primarily meant to be educational vs a trade idea. Its charts like this that invigorate my technical analysis side and I hope it does for you as well.
Best of luck on your trading journey!
SPY Daily Chart – Rising Wedge at Resistance, RSI Near OverboughSPY continues to push higher, but today's candle reinforces a cautious tone as we approach a key inflection point.
The chart is currently forming a rising wedge pattern — historically a bearish structure that often precedes downside breaks, especially when forming after a strong upside move. Price is hugging the upper boundary of the wedge, with multiple failed breakout attempts near 626.87, which is acting as strong resistance.
The RSI sits at 68.59, just below the 70 overbought threshold. While this confirms strong bullish momentum, it also signals that the move may be getting stretched. A rejection here or a lower high on RSI while price continues higher could form a bearish divergence, a classic early reversal signal.
Volume remains moderate (~51.85M), and the candles have tightened — suggesting indecision. The rising wedge’s lower trendline and the short-term moving average (likely the 8 or 10 EMA) are immediate support. A break below these levels would shift the bias more clearly to the downside.
Key levels to watch:
Resistance: 626.87 (wedge top)
Support: rising wedge lower boundary and EMA (around 620–622)
RSI: break below 65 or a confirmed divergence would increase bearish risk
If the wedge breaks down with a drop in RSI and a flip in momentum indicators (such as Parabolic SAR), it may open the door for a pullback toward previous support zones near 603 or even 592.63.
No confirmation yet, but the risk-reward here starts to shift away from chasing longs. Caution is warranted.