wolffarchitecture

wolffarchitecture Updated 

While price seems extreme bullish, (Yellow 1-2, 1-2,....), There is a potential ending diagonal count to be considered at this point. Either way Bull or Bear a slow down or consolidation seems likely.

wolffarchitecture Updated 

For those SPX Bears who have noticed the percent(%) of stock above the 50-day has been dropping from the beginning of 2024 and wondering … Why hasn’t the SPX been dropping as it typically does when this happens ?,....Unless SPX drops suddenly , here's the 2024 plan: First: If you have noticed this your way to smart and shouldn't be trading stocks (try landing...

wolffarchitecture Updated 

We are either at or 5% near the top. Dell has risen all on AI HYPE , earnings have been lack luster and do not support this rise/ technically overbought with divergence on all time frames. IMHO, This is a straight forward SHORT set up with stops above 85, or highest high. I think it will go lower at a minimum to test the previous ATH and fill the 55 ...

wolffarchitecture Updated 

Seen this before. short tern bearish need to go now, good luck

wolffarchitecture Updated 

Looks like we have , what is (by now) to be a familiar bottoming pattern . If your feeling like BIG tech is had its run an you want to rotate over this stock has always been a giver, when others were takers

wolffarchitecture

A daily close above 4330 would negate this short idea until a more substantial sign of weakness is demonstrated . There will be several support areas to unwind if market heads lower each zone will be an area to pause and pay particular attention.

wolffarchitecture Updated 

NKD!, Japan market reversal expected, soon /to a week away.

wolffarchitecture

USDCAD 8hr & 1 week fractals Expecting more upside on USDCAD based on the continuation pattern fractals on chart

wolffarchitecture Updated 

Admittedly a bit early to publish this before the market closes: (because market could inch up all day and into Monday), BUT looks like a potential bearish Gartley harmonic on the NAS ... APPL still looks as though it has fuel in the tank to 165. So do your own do dill...this is just an idea

wolffarchitecture Updated 

I'm thinking market is in a medium term (weekly) triangle pattern up. Daily short, Weekly long, Monthly Neutral. Looking for swing trades

wolffarchitecture

As I have mentioned before things "look" bullish and they are at leased until February option expiry. I still sense the market will eventually retest of 4,000 at which point the market can sink to new lows or complete a nesting wave 2 and move higher

wolffarchitecture

I am seeing a post FOMC drop to the lower diagonal trendline (@ 3950-sish), followed by a lazy recovery targeting a new high of the 4,175-4,200 ish areas (finally completing ending diagonal Wave C) Expecting this new top to coincide with the FEB 18th options expiry. THEN after expiry I'm looking for a larger pullback retesting of the 3.650-ish areas

wolffarchitecture

Looks like Yen has reached a Pivot (bottom) and so to does the EURUSD pair. (or are oh so close if your long on EUR or YEN some profit taking may be advised). So we are expecting a WAVE-2 correction within a longer term bullish impulse. I would expect moving forward NOW on GOOD news, "is good news" and BAD news "is bad news".

wolffarchitecture

Gold nearing a top, Its been a nice ride so far, and it could still push higher, but My personal trading plan calls for Profit Taking in the 1880-ish area. Will look for short set-ups at lower time frames after Golds overly exuberant parabolic spike tops out.

wolffarchitecture Updated 

IMHO, the MOST important chart out there right now. This could be an entire game changer.

wolffarchitecture Updated 

I have to admit GAS could continue to dump OR ?. There seems to be a curious possible setup here exactly at the .618 FIB (4.5) .... NOT for the faint hearted. This is based solely on wave pattern and experience there is absolutely NO fundamental analysis involved, so do your own due dill

wolffarchitecture

I generally trade stock and not the indices. BUT I produce a SPX personal trading plan such as this most weekends . Thought I would share it, but SO much of the potential success of a chart such as this depends on my personal character, rules and accumulated strategies (to many to explain here) I'm not sure how useful it is to anyone else. Because I am lazy I...

wolffarchitecture

This harmonic surprised me. IF its true and as expected the retest of 130 (OLD LOW) fails to turn into support, I will be looking for short setups. Not sure how high/long the current retest will last.