NDX 15k = strong rez
My profit target on the NDX is at 15k. The YR1 and Semiannual R2 pivot points should be very strong resistance!
top of page
News Page
CHARTBLOG
VIX should fall to 12 in 2023
The VIX should fall to the Yearly S1 pivot points in 2023 to around 12.
ES futures Q2 target Qr1
Since the Qrtly pivot point)QP) was strong support, is a clue, the ES will go to Qrtly R1 in Q2.
QQQ is near strong resistance
The QQQ etf respects the yearly pivot points. The low in 2022 was on the YS2 pivot point. Look for strong resistance in 2023 at $360Yr1-365.
Tesla near strong resistance
Tesla stock (TSLA) is near past strong resistance at the Yearly(YP) and semiannual pivot points at $211-$219. Good target to trim some...
NIKKEI index in Japan at next rez
The Nikkei index in Japan - look for resistance at the Yearly R2 pivot point. The YP to Yr2 = textbook move.
BYND at 1st. support
Beyond Meat stock (BYND) is testing 1st. support on the semiannual Fs1 pivot point. Look for strong support here or YFs1 at $8.32....
TNX the YP to Yr1 in 2023?
TNX 10 year yields - since the Yearly pivot point(YP) at 3.25% has been strong support is probably a clue for the Yearly R1 pivot point...
CORN futes at Ys1 support
ZC corn futures so far in 2023, the Yearly pivot(P) to the Yearly S1 pivot point. Look for strong support here on Ys1.
AMZN at YP resistance
AMZN today, is testing the Yearly pivot point(YP). Look for strong resistance here. The YP is a great spot to take some profits off.
bottom of page