Small Caps in for a run in 2024? Memories of 2021!?
"History"
- COVID 2020 gave rise to easy money leading to the hurrah in 2021 where IWM (Russell 2000) was rampant! - You can see it had been in that same range entire of 2021!
- With the start of 2022 rate hikes, easy money went away and we saw the wyckoff distribution play out to the lower range ==> And we have been in that lower accumulation range for 2 YEARS! and now look to challenge the u...

A coalition of three hedge fund associations, including The Managed Funds Association, the Alternative Investment Management Association, and the National Association of Private Fund Managers, has filed a lawsuit against the Securities and Exchange Commission (SEC) challenging two new short-selling rules implemented in October. They argue that the rules are "arbitrary and capricious," conflicting, and violate the Administra...

AAPL - Price action validated previous analysis target 165; So where next?
Validated price action
- Price action shared on 21 Oct played out to 165 as targeted
- MA5 now below MA20
- 165 is exactly the Fibonacci 61.8 retracement for the recent AAPL run
- So 165 must hold
If 165 does not hold
- I have a big interest in AAPL between 155 to 145
- Especially 145 as it was the last breakout back on 2 Mar 2023
Break of 165, s...

TSLA trying to find support around 209; 160 looming!
Reference all previous TSLA article sharing and what has transpired
- Earnings has broken down from triangle on 18 Oct
- Shared before ==> cannot stay above 255, means downside ==> played out
- Shared before ==> 240 to 232 is a key support range ==> Market makers tactically gapped over it to overcome the support
- Now at MA200 support which is around the 209 region
- MA5 below MA20 and MA5 n...

Weekly Charts to give us a view into where the market is where it might go
What does SPX Weekly Chart show us?
- We could be in the handle formation of a cup
- The handle can pull back to the confluence of support between 4150 and 4200
- The current cup could still go up to fully form at the previous high of 4815
- Extreme bearish from a break down of the bear flag from all time high, towards 3200.
My Take
- Whilst macro wis...

Daily Chart
- What an incredible setup!
- Triangle formation
- All MA lines are compressed in the middle
- Price action is right now around MA20
- Bollinger Bands are contracted and both pointing inwards
==> All points to a super explosive move (up or down) pre-post-earnings!
Where can it go?
- Upper near term limit is 270 (Upper bollinger band, but if it breaks up, BB will point upwards and move accordingly to p...

price action
- AAPL has based well near term 28 Sept
- MA5 is now crossed above MA20 and with upper bollinger band ticking upwards, it bodes well
- Tuesday 10 Oct action had tested MA50 blue and upper bollinger band and got rejected for now to stay below key level of 178
- AAPL needs to get above 178 and go on a MA5 / BB close move upwards
- Any rejection will mean staying below 178 and go back down to possible 165 previous target
- It ...

Price Action
- Since the bounce off bollinger band at 432, TSLA has been on a controlled buy channel ==> Controlled means there are also controlled selling as can be seen on the right 30mins chart)
- Price action has since gone above MA50 and now with the MA5/MA20 touch, it bodes well and should be gunning for the upper bollinger band and target level 280
- That will coincide with QQQ hitting upper resistance too
- On da...

DBS Longer Term (reference weekly chart)
- RSI above 50 (note the "possible" negative divergence)
- A break of the RSI divergence will probably coincide with DBS going to 36.40 for the full cup formation
- Will probably remain the range 30+ to 36+
- A break of 36+ will probably need something significant as a catalyst
- I will accumulate further at MA50 (green) around 32+
DBS Shorter Term (reference daily chart)
- RSI remains above 50 but also has so...