frodo75

frodo75

Market turned yesterday to head lower. Targeting 3400 or lower.

frodo75

We have a downtrend channel. A bad news. We will arrive at the destination in fits and stops. All opportunities to the long side appear to be to enter shorts.

frodo75

Please bookmark and come back to it again and again. All the best.

frodo75

GLD got beaten up for years. Expecting a small little spike down to 154/155 and then climb. Inflation and high rates are here to stay. Why would GLD not rise?

frodo75

ES has stayed within this channel for the past two days. I anticipate 4180+ within this channel soon.

frodo75

I think we are ready for last leg. It will drop to various targets. Most likely where AB = CD.

frodo75

Chart says short. Past says not. I am more long than short.

frodo75 Updated 

Decline started. SL recent high. Caveat Emptor. Good luck.

frodo75

Not absolutely perfect representation of Wycoff. You can see some penetrations in areas where we are told price does not enter. However, overall the structure is accurate and aligns with a high level definition of Wycoff distribution. Wait for the price to break the lowest support and come back in to initiate short. Caveat emptor.

frodo75

The extensions line up very nicely. They have repeated before. Indicators show condition is ripe for a big correction.

frodo75 Updated 

Measured move. Like TSLA, this is one of the nasduck shares that needs to let off some steam.

frodo75

Caveat Emptor.

frodo75 Updated 

COST has begun a pullback of the recent bull run. I think the 200 daily SMA is a good target. Caveat emptor!

frodo75 Updated 

I am seeing motive waves to the upside followed by corrective waves. We went through a motive/corrective pair at 4194. Time to move up.

frodo75 Updated 

Measured move to the downside says 17.50 coming up. Be prepared. I think I will start nibbling at longs there.

frodo75

Expecting the same or different outcome 4th time around? I am not this bearish but that could be the reason :)

frodo75

check it out.

frodo75

My thoughts on the chart.