$SOXX โ ๐ง๐ผ ๐ง๐ต๐ผ๐๐ฒ ๐ช๐ต๐ผ ๐๐ผ๐๐ฏ๐ ๐ง๐ต๐ฒ ๐๐ผ๐๐๐ผ๐บ. 11/01/26
๐ฌ๐ฒ๐, the MayโNovember rising support (maroon line) has broken. Even the much older ascending black trendline has been violated. But ๐ฑ๐ผ๐ป'๐ ๐ฐ๐ผ๐ป๐ณ๐๐๐ฒ ๐ฎ ๐ฏ๐ฟ๐ผ๐ธ๐ฒ๐ป ๐๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฒ ๐๐ถ๐๐ต ๐ฎ ๐ฏ๐ฟ๐ผ๐ธ๐ฒ๐ป ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐.
๐ง๐ต๐ฒ ๐ฟ๐ฒ๐ฎ๐น ๐๐๐ผ๐ฟ๐ ๐ถ๐ ๐๐ต๐ฒ ๐ฉ๐ช๐๐ฃ. My anchored VWAP near $459.40 caught Friday's capitulation wick almost perfectly. Price rebounded roughly $14 from that level into the close. See the red ellipse and where price bottomed; perfection!
As discussed yesterday, $SOXL's net volume surged from โ20% to +5% during the final two trading hours. That is a remarkable shift in buying pressure amid apparent technical destruction and fear.
๐ ๐ ๐ถ๐ป๐๐ฒ๐ฟ๐ฝ๐ฟ๐ฒ๐๐ฎ๐๐ถ๐ผ๐ป: Capitulation, absorption, and a potential transfer of control back to buyers.
๐ง๐ต๐ฒ ๐ฏ๐ฒ๐ฎ๐ฟ๐ ๐๐ฒ๐ฒ ๐ฏ๐ฟ๐ผ๐ธ๐ฒ๐ป ๐น๐ถ๐ป๐ฒ๐. ๐ ๐๐ฒ๐ฒ ๐ฎ ๐ฉ๐ช๐๐ฃ ๐ฑ๐ฒ๐ณ๐ฒ๐ป๐ฑ๐ฒ๐ฑ. As long as ~$459 holds, the opportunity remains for $SOXX to reclaim the broken trendlines and reenter the upper triangular structure.
๐ง๐ผ๐ฑ๐ฎ๐'๐ ๐ฏ๐ฟ๐ฒ๐ฎ๐ธ๐ฑ๐ผ๐๐ป ๐ฐ๐ผ๐๐น๐ฑ ๐ฏ๐ฒ ๐๐ผ๐บ๐ผ๐ฟ๐ฟ๐ผ๐'๐ ๐ฏ๐ฒ๐ฎ๐ฟ ๐๐ฟ๐ฎ๐ฝ.
I'm constructive on $SOXX and $SOXL. The VWAP is my line in the sand. The market maker will provide you with the bullish narrative leading into the midterms.
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$SPY $QQQ $IWM $MDY $RUT $DIA $SDOW $SOXX $SOXS $SMH $NVDA $TSLA $YINN $VIX $VXX $TLT $BTC $GLD $SLV $SVXY $DRAM $SNDK $MU $EWJ $EWY
โ ๏ธโ ๏ธโ ๏ธ ๐ช๐ต๐ $SPY ๐๐ฎ๐ฝ๐ถ๐๐๐น๐ฎ๐๐ถ๐ผ๐ป ๐๐ ๐๐บ๐บ๐ถ๐ป๐ฒ๐ป๐! | ๐ญ๐ญ/๐ฌ๐ฏ/๐ฎ๐ฒ
Tonight, history may be in the making.
Three pivotal market lows, separated by time but united by geometry:
๐ธ The April 2025 Liberation Day low.
๐ธ The 2026 Ceasefire low. 03/30
๐ธ Tonight's $SPY low.
๐ง๐ต๐ฟ๐ฒ๐ฒ ๐น๐ผ๐๐. ๐ข๐ป๐ฒ ๐ฎ๐๐ฐ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐น๐ถ๐ป๐ฒ.
The chart reveals an extraordinary geometric alignment, with $SPY once again testing the very trendline that has defined this bull market's structural foundation.
My expectation: downside is complete, seeing is believing โ
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$NVDA โ ๐ ๐ ๐ฆ๐ต๐ผ๐ฟ๐-๐ง๐ฒ๐ฟ๐บ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐ง๐ฎ๐ฟ๐ด๐ฒ๐๐ | ๐ญ๐ญ/๐ฌ๐ฏ/๐ฎ๐ฒ
Yes, even in the midst of overnight market fear, with $SPY trading near $747 and potentially testing $743 by the opening bell, I remain bullish on $NVDA and $SOXX from the current VWAP level.
With a potential #VIX1D volatility crush on deck at cash open Wed AM, my short-term forecasts are:
๐ฏ $215 by Friday, November 6.
๐ฏ $220 by Monday, November 9.
The chart tells the story. $NVDA is approaching a critical ascending support line, and I expect that line to ๐๐ข๐๐.
The geometry favors a rebound, not a breakdown.
๐๐ฒ๐ฎ๐ฟ ๐ถ๐ ๐ต๐ถ๐ด๐ต. ๐ ๐ ๐๐ฎ๐ฟ๐ด๐ฒ๐๐ ๐ฎ๐ฟ๐ฒ ๐ต๐ถ๐ด๐ต๐ฒ๐ฟ.
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โ ๏ธโ ๏ธโ ๏ธ ๐ช๐ต๐ $SPY ๐๐ฎ๐ฝ๐ถ๐๐๐น๐ฎ๐๐ถ๐ผ๐ป ๐๐ ๐๐บ๐บ๐ถ๐ป๐ฒ๐ป๐! | ๐ญ๐ญ/๐ฌ๐ฏ/๐ฎ๐ฒ
Tonight, history may be in the making.
Three pivotal market lows, separated by time but united by geometry:
๐ธ The April 2025 Liberation Day low.
๐ธ The 2026 Ceasefire low. 03/30
๐ธ Tonight's $SPY low.
๐ง๐ต๐ฟ๐ฒ๐ฒ ๐น๐ผ๐๐. ๐ข๐ป๐ฒ ๐ฎ๐๐ฐ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐น๐ถ๐ป๐ฒ.
The chart reveals an extraordinary geometric alignment, with $SPY once again testing the very trendline that has defined this bull market's structural foundation.
My expectation: downside is complete, seeing is believing โ
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$NVDA โ ๐ ๐ ๐ฆ๐ต๐ผ๐ฟ๐-๐ง๐ฒ๐ฟ๐บ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐ง๐ฎ๐ฟ๐ด๐ฒ๐๐ | ๐ญ๐ญ/๐ฌ๐ฏ/๐ฎ๐ฒ
Yes, even in the midst of overnight market fear, with $SPY trading near $747 and potentially testing $743 by the opening bell, I remain bullish on $NVDA and $SOXX from the current VWAP level.
With a potential #VIX1D volatility crush on deck at cash open Wed AM, my short-term forecasts are:
๐ฏ $215 by Friday, November 6.
๐ฏ $220 by Monday, November 9.
The chart tells the story. $NVDA is approaching a critical ascending support line, and I expect that line to ๐๐ข๐๐.
The geometry favors a rebound, not a breakdown.
๐๐ฒ๐ฎ๐ฟ ๐ถ๐ ๐ต๐ถ๐ด๐ต. ๐ ๐ ๐๐ฎ๐ฟ๐ด๐ฒ๐๐ ๐ฎ๐ฟ๐ฒ ๐ต๐ถ๐ด๐ต๐ฒ๐ฟ.
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$AMD Pre-Earnings Picture.
- See blue marks, price is currently supported by May to November support line.
- Losing this line with earnings will open a major pandora's box: Lower gap at $365, and all the way down to 1.618 FIB at $325, that order book on the way up was thin. Losing blue marks line is risky for the bulls. See pic. Must protect the blue marks line โ ๏ธโ ๏ธ
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๐ฆ๐ฃ๐ฌ ๐๐ป๐ฎ๐น๐๐๐ถ๐ โ ๐ญ๐ญ/๐ฌ๐ฏ/๐ฎ๐ฒ
$SPY โ ๐ง๐ต๐ฒ ๐ช๐ฎ๐ฟ๐๐ต ๐๐ผ๐๐๐ผ๐บ: ๐ง๐ต๐ฒ ๐๐ถ๐ป๐ฒ ๐ถ๐ป ๐๐ต๐ฒ ๐ฆ๐ฎ๐ป๐ฑ.
โข The 9/16 Warsh Bottom remains the critical line in the sand. See chart.
โข ๐๐ฟ๐ถ๐ฑ๐ฎ๐'๐ ๐น๐ผ๐ = ๐ง๐ผ๐ป๐ถ๐ด๐ต๐'๐ ๐น๐ผ๐ = ๐ช๐ฎ๐ฟ๐๐ต'๐ ๐น๐ผ๐. Three tests, one defining support level.
โข The optimist sees a ๐๐ฟ๐ถ๐ฝ๐น๐ฒ ๐ฏ๐ผ๐๐๐ผ๐บ forming โ a potentially powerful reversal structure.
โข Capitulation remains possible, including an intraday flush below support to shake out the remaining weak hands.
โข ๐๐๐ ๐ต๐ฒ๐ฟ๐ฒ ๐ถ๐ ๐บ๐ ๐ฐ๐ผ๐ป๐๐ถ๐ฐ๐๐ถ๐ผ๐ป: On a closing basis, I expect the ๐๐ถ๐ด ๐ช๐ต๐ฒ๐ฒ๐น'๐ ๐๐ผ๐๐๐ผ๐บ to continue holding.
๐๐ป๐๐ฟ๐ฎ๐ฑ๐ฎ๐ ๐ฐ๐ฎ๐ฝ๐ถ๐๐๐น๐ฎ๐๐ถ๐ผ๐ป ๐ถ๐ ๐ป๐ผ๐ ๐๐ต๐ฒ ๐๐ฎ๐บ๐ฒ ๐ฎ๐ ๐ฎ ๐ฐ๐ผ๐ป๐ณ๐ถ๐ฟ๐บ๐ฒ๐ฑ ๐ฏ๐ฟ๐ฒ๐ฎ๐ธ๐ฑ๐ผ๐๐ป.
Note broadening formation.
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๐ฆ๐ฃ๐ฌ ๐๐ป๐ฎ๐น๐๐๐ถ๐ โ ๐ญ๐ญ/๐ฌ๐ฏ/๐ฎ๐ฒ
$SPY โ ๐ง๐ต๐ฒ ๐ช๐ฎ๐ฟ๐๐ต ๐๐ผ๐๐๐ผ๐บ: ๐ง๐ต๐ฒ ๐๐ถ๐ป๐ฒ ๐ถ๐ป ๐๐ต๐ฒ ๐ฆ๐ฎ๐ป๐ฑ.
โข The 9/16 Warsh Bottom remains the critical line in the sand. See chart.
โข ๐๐ฟ๐ถ๐ฑ๐ฎ๐'๐ ๐น๐ผ๐ = ๐ง๐ผ๐ป๐ถ๐ด๐ต๐'๐ ๐น๐ผ๐ = ๐ช๐ฎ๐ฟ๐๐ต'๐ ๐น๐ผ๐. Three tests, one defining support level.
โข The optimist sees a ๐๐ฟ๐ถ๐ฝ๐น๐ฒ ๐ฏ๐ผ๐๐๐ผ๐บ forming โ a potentially powerful reversal structure.
โข Capitulation remains possible, including an intraday flush below support to shake out the remaining weak hands.
โข ๐๐๐ ๐ต๐ฒ๐ฟ๐ฒ ๐ถ๐ ๐บ๐ ๐ฐ๐ผ๐ป๐๐ถ๐ฐ๐๐ถ๐ผ๐ป: On a closing basis, I expect the ๐๐ถ๐ด ๐ช๐ต๐ฒ๐ฒ๐น'๐ ๐๐ผ๐๐๐ผ๐บ to continue holding.
๐๐ป๐๐ฟ๐ฎ๐ฑ๐ฎ๐ ๐ฐ๐ฎ๐ฝ๐ถ๐๐๐น๐ฎ๐๐ถ๐ผ๐ป ๐ถ๐ ๐ป๐ผ๐ ๐๐ต๐ฒ ๐๐ฎ๐บ๐ฒ ๐ฎ๐ ๐ฎ ๐ฐ๐ผ๐ป๐ณ๐ถ๐ฟ๐บ๐ฒ๐ฑ ๐ฏ๐ฟ๐ฒ๐ฎ๐ธ๐ฑ๐ผ๐๐ป.
Note broadening formation.
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$AAPL First post earnings move was to $333, as shown below. Exactly as shown.
From here, losing $333 opens the door for $325 long term support, see picture.
I prefer that AAPL goes to $325 to provide very strong bullish support to $QQQ $SPY going forward. Retest longer term.
๐๐ฃ๐ฃ๐๐ $AAPL โ ๐ฃ๐ฅ๐-๐๐๐ฅ๐ก๐๐ก๐๐ฆ ๐๐๐ข๐ ๐๐ง๐ฅ๐๐ ๐ฆ๐๐ง๐จ๐ฃ ๐11/02/26
Apple is approaching a critical technical juncture ahead of its earnings report, with a potentially important bottom taking shape shortly.
๐น ๐ง๐ต๐ฒ ๐๐ผ๐ป๐ด-๐ง๐ฒ๐ฟ๐บ ๐ฆ๐๐ฝ๐ฝ๐ผ๐ฟ๐
The ascending gray trendline, anchored to the April 2026 ceasefire low and validated by the June retest, has governed Apple's bullish structure for months. See the blue markers.
Price has respected this foundation ever since.
๐น ๐ง๐ต๐ฒ ๐ฆ๐ต๐ผ๐ฟ๐-๐ง๐ฒ๐ฟ๐บ ๐๐ผ๐ฟ๐ฟ๐ฒ๐ฐ๐๐ถ๐ผ๐ป
Today's decline suggests $AAPL is following a newly developing descending wedge, with a projected apex near $333โ$334.
This is my first potential reversal zone.
๐น ๐ง๐ต๐ฒ ๐๐ฎ๐ฟ๐ป๐ถ๐ป๐ด๐ ๐ช๐ถ๐น๐ฑ๐ฐ๐ฎ๐ฟ๐ฑ
Should the earnings reaction prove unfavorable, Apple has room to decline toward $325, where the long-term ascending support awaits.
That would represent a deeper structural retest, ๐ป๐ผ๐ ๐ป๐ฒ๐ฐ๐ฒ๐๐๐ฎ๐ฟ๐ถ๐น๐ ๐ฎ ๐ฏ๐ฟ๐ฒ๐ฎ๐ธ๐ฑ๐ผ๐๐ป.
๐น ๐ง๐ต๐ฒ ๐๐๐น๐น๐ถ๐๐ต ๐ฅ๐ผ๐ฎ๐ฑ๐บ๐ฎ๐ฝ
โ $333โ$334: Initial reversal candidate.
โก $325: Secondary support if earnings trigger additional selling.
โข ๐ก๐ฒ๐ ๐๐น๐น-๐ง๐ถ๐บ๐ฒ ๐๐ถ๐ด๐ต๐: The preferred subsequent upside scenario, provided the long-term structure holds.
๐ฏ ๐ง๐ต๐ฒ ๐๐ถ๐ด๐ด๐ฒ๐ฟ ๐ฃ๐ถ๐ฐ๐๐๐ฟ๐ฒ
My expectation is that $AAPL will establish its bottom shortly after $SPY establishes its own (SPY happened), setting the stage for another bullish impulse.
๐ง๐ต๐ฒ ๐ฒ๐ฎ๐ฟ๐ป๐ถ๐ป๐ด๐ ๐ฟ๐ฒ๐ฎ๐ฐ๐๐ถ๐ผ๐ป ๐บ๐ฎ๐ ๐ฑ๐ฒ๐๐ฒ๐ฟ๐บ๐ถ๐ป๐ฒ ๐ต๐ผ๐ ๐ฑ๐ฒ๐ฒ๐ฝ ๐๐ต๐ฒ ๐ฟ๐ฒ๐๐ฒ๐๐ ๐ด๐ผ๐ฒ๐ โ ๐ฏ๐๐ ๐๐ต๐ฒ ๐ด๐ฒ๐ผ๐บ๐ฒ๐๐ฟ๐ ๐๐๐ถ๐น๐น ๐ณ๐ฎ๐๐ผ๐ฟ๐ ๐ฎ ๐ฏ๐๐น๐น๐ถ๐๐ต ๐ฟ๐ฒ๐๐ผ๐น๐๐๐ถ๐ผ๐ป.
If you see $AAPL at $325, buy there. $333 can but may not hold until long term support is tested at $325.
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๐๐ฃ๐ฃ๐๐ $AAPL โ ๐ฃ๐ฅ๐-๐๐๐ฅ๐ก๐๐ก๐๐ฆ ๐๐๐ข๐ ๐๐ง๐ฅ๐๐ ๐ฆ๐๐ง๐จ๐ฃ ๐11/02/26
Apple is approaching a critical technical juncture ahead of its earnings report, with a potentially important bottom taking shape shortly.
๐น ๐ง๐ต๐ฒ ๐๐ผ๐ป๐ด-๐ง๐ฒ๐ฟ๐บ ๐ฆ๐๐ฝ๐ฝ๐ผ๐ฟ๐
The ascending gray trendline, anchored to the April 2026 ceasefire low and validated by the June retest, has governed Apple's bullish structure for months. See the blue markers.
Price has respected this foundation ever since.
๐น ๐ง๐ต๐ฒ ๐ฆ๐ต๐ผ๐ฟ๐-๐ง๐ฒ๐ฟ๐บ ๐๐ผ๐ฟ๐ฟ๐ฒ๐ฐ๐๐ถ๐ผ๐ป
Today's decline suggests $AAPL is following a newly developing descending wedge, with a projected apex near $333โ$334.
This is my first potential reversal zone.
๐น ๐ง๐ต๐ฒ ๐๐ฎ๐ฟ๐ป๐ถ๐ป๐ด๐ ๐ช๐ถ๐น๐ฑ๐ฐ๐ฎ๐ฟ๐ฑ
Should the earnings reaction prove unfavorable, Apple has room to decline toward $325, where the long-term ascending support awaits.
That would represent a deeper structural retest, ๐ป๐ผ๐ ๐ป๐ฒ๐ฐ๐ฒ๐๐๐ฎ๐ฟ๐ถ๐น๐ ๐ฎ ๐ฏ๐ฟ๐ฒ๐ฎ๐ธ๐ฑ๐ผ๐๐ป.
๐น ๐ง๐ต๐ฒ ๐๐๐น๐น๐ถ๐๐ต ๐ฅ๐ผ๐ฎ๐ฑ๐บ๐ฎ๐ฝ
โ $333โ$334: Initial reversal candidate.
โก $325: Secondary support if earnings trigger additional selling.
โข ๐ก๐ฒ๐ ๐๐น๐น-๐ง๐ถ๐บ๐ฒ ๐๐ถ๐ด๐ต๐: The preferred subsequent upside scenario, provided the long-term structure holds.
๐ฏ ๐ง๐ต๐ฒ ๐๐ถ๐ด๐ด๐ฒ๐ฟ ๐ฃ๐ถ๐ฐ๐๐๐ฟ๐ฒ
My expectation is that $AAPL will establish its bottom shortly after $SPY establishes its own (SPY happened), setting the stage for another bullish impulse.
๐ง๐ต๐ฒ ๐ฒ๐ฎ๐ฟ๐ป๐ถ๐ป๐ด๐ ๐ฟ๐ฒ๐ฎ๐ฐ๐๐ถ๐ผ๐ป ๐บ๐ฎ๐ ๐ฑ๐ฒ๐๐ฒ๐ฟ๐บ๐ถ๐ป๐ฒ ๐ต๐ผ๐ ๐ฑ๐ฒ๐ฒ๐ฝ ๐๐ต๐ฒ ๐ฟ๐ฒ๐๐ฒ๐๐ ๐ด๐ผ๐ฒ๐ โ ๐ฏ๐๐ ๐๐ต๐ฒ ๐ด๐ฒ๐ผ๐บ๐ฒ๐๐ฟ๐ ๐๐๐ถ๐น๐น ๐ณ๐ฎ๐๐ผ๐ฟ๐ ๐ฎ ๐ฏ๐๐น๐น๐ถ๐๐ต ๐ฟ๐ฒ๐๐ผ๐น๐๐๐ถ๐ผ๐ป.
If you see $AAPL at $325, buy there. $333 can but may not hold until long term support is tested at $325.
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โฟ $BTC BITCOIN โ THE POWER OF THREE. 11/01/26
Three Lines. One Date. One Confluence.
There is something extraordinary about the geometry unfolding in $BTC ahead of Election Day, November 3.
Three independent trendlines are converging at virtually the same point:
โ Long-term ascending support โ the foundation of the broader structure.
โก Recent declining support โ defining the latest corrective phase.
โข Descending resistance โ the upper boundary pressing down on price.
๐บ All three converge at the RED DOT, precisely on Election Day. See the chart.
This is a rare geometric alignment, where three separate price structures meet at a potentially important calendar catalyst.
The power of THREE should not be underestimated.
Even more interesting, $BTC is already attempting to reverse from an absorption wick, suggesting buyers are defending the lower boundary.
โ ๏ธ A word of caution: Exhaustion is only around Sell 1โ2 level, and volume remains unremarkable. This may not be an explosive event. The reversal could develop gradually absent a huge catalyst leading into the midterms.
Nevertheless, the geometry favors an UPWARD directional impulse from the confluence point, provided support holds.
Election Day may serve as the catalyst, but the geometry is already broadcasting the message.
Three lines. One intersection. A potential turning point.
Important level higher: $81k.
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$SPY $QQQ $IWM $MDY $RUT $DIA $SDOW $SOXX $SOXS $SMH $NVDA $TSLA $YINN $VIX $VXX $TLT $BTC $GLD $SLV $SVXY $DRAM $SNDK $MU $EWJ $EWY $SOL $ETHA $IBIT $SBIT
$SOXX โ ๐ง๐ผ ๐ง๐ต๐ผ๐๐ฒ ๐ช๐ต๐ผ ๐๐ผ๐๐ฏ๐ ๐ง๐ต๐ฒ ๐๐ผ๐๐๐ผ๐บ. 11/01/26
๐ฌ๐ฒ๐, the MayโNovember rising support (maroon line) has broken. Even the much older ascending black trendline has been violated. But ๐ฑ๐ผ๐ป'๐ ๐ฐ๐ผ๐ป๐ณ๐๐๐ฒ ๐ฎ ๐ฏ๐ฟ๐ผ๐ธ๐ฒ๐ป ๐๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฒ ๐๐ถ๐๐ต ๐ฎ ๐ฏ๐ฟ๐ผ๐ธ๐ฒ๐ป ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐.
๐ง๐ต๐ฒ ๐ฟ๐ฒ๐ฎ๐น ๐๐๐ผ๐ฟ๐ ๐ถ๐ ๐๐ต๐ฒ ๐ฉ๐ช๐๐ฃ. My anchored VWAP near $459.40 caught Friday's capitulation wick almost perfectly. Price rebounded roughly $14 from that level into the close. See the red ellipse and where price bottomed; perfection!
As discussed yesterday, $SOXL's net volume surged from โ20% to +5% during the final two trading hours. That is a remarkable shift in buying pressure amid apparent technical destruction and fear.
๐ ๐ ๐ถ๐ป๐๐ฒ๐ฟ๐ฝ๐ฟ๐ฒ๐๐ฎ๐๐ถ๐ผ๐ป: Capitulation, absorption, and a potential transfer of control back to buyers.
๐ง๐ต๐ฒ ๐ฏ๐ฒ๐ฎ๐ฟ๐ ๐๐ฒ๐ฒ ๐ฏ๐ฟ๐ผ๐ธ๐ฒ๐ป ๐น๐ถ๐ป๐ฒ๐. ๐ ๐๐ฒ๐ฒ ๐ฎ ๐ฉ๐ช๐๐ฃ ๐ฑ๐ฒ๐ณ๐ฒ๐ป๐ฑ๐ฒ๐ฑ. As long as ~$459 holds, the opportunity remains for $SOXX to reclaim the broken trendlines and reenter the upper triangular structure.
๐ง๐ผ๐ฑ๐ฎ๐'๐ ๐ฏ๐ฟ๐ฒ๐ฎ๐ธ๐ฑ๐ผ๐๐ป ๐ฐ๐ผ๐๐น๐ฑ ๐ฏ๐ฒ ๐๐ผ๐บ๐ผ๐ฟ๐ฟ๐ผ๐'๐ ๐ฏ๐ฒ๐ฎ๐ฟ ๐๐ฟ๐ฎ๐ฝ.
I'm constructive on $SOXX and $SOXL. The VWAP is my line in the sand. The market maker will provide you with the bullish narrative leading into the midterms.
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$HSI / ๐๐๐๐ก๐๐ฆ๐ ๐ฆ๐ง๐ข๐๐๐ฆ โ ๐ง๐๐ ๐๐ข๐ง๐ง๐ข๐ ๐๐ฆ ๐๐ก! ๐จ๐ณ
๐น ๐ง๐ต๐ฒ ๐ฅ๐ถ๐ด๐ต๐ ๐ฆ๐ต๐ผ๐๐น๐ฑ๐ฒ๐ฟ ๐๐ ๐๐ผ๐ฟ๐บ๐ถ๐ป๐ด ๐๐ถ๐ด๐ต๐ฒ๐ฟ.
$HSI is constructing a potentially powerful reversal, with the right shoulder forming near 23,000 versus approximately 22,500 for the left shoulder.
๐น ๐๐ฑ๐๐ฎ๐ป๐ฐ๐ฒ๐ฑ ๐๐ฒ๐ผ๐บ๐ฒ๐๐ฟ๐ถ๐ฐ ๐๐ป๐ด๐ถ๐ป๐ฒ๐ฒ๐ฟ๐ถ๐ป๐ด โ ๐๐๐๐ฟ๐ผ๐ญ๐ฎ๐ป
Two critical geometric lines govern the entire price structure. This advanced geometric construction incorporates engineering concepts by AstroZan to identify structural support, resistance, and directional impulses.
๐น ๐ง๐ต๐ฒ ๐ฅ๐ผ๐ฎ๐ฑ๐บ๐ฎ๐ฝ:
โ First resistance at the cyan ascending trendline, followed by a potential retest lower.
โก Once price reclaims the cyan line and re-enters the original wedge, the structure turns decisively more bullish.
โข ๐ง๐ต๐ฒ ๐บ๐ฎ๐ถ๐ป ๐๐ฝ๐๐ฎ๐ฟ๐ฑ ๐ถ๐บ๐ฝ๐๐น๐๐ฒ ๐๐ต๐ผ๐๐น๐ฑ ๐ฎ๐ฐ๐ฐ๐ฒ๐น๐ฒ๐ฟ๐ฎ๐๐ฒ as price advances back into the wedge toward its upper boundary.
๐ฏ ๐ง๐ต๐ฒ ๐ต๐ถ๐ด๐ต๐ฒ๐ฟ ๐ฟ๐ถ๐ด๐ต๐ ๐๐ต๐ผ๐๐น๐ฑ๐ฒ๐ฟ, ๐ฐ๐ผ๐บ๐ฏ๐ถ๐ป๐ฒ๐ฑ ๐๐ถ๐๐ต ๐ด๐ฒ๐ผ๐บ๐ฒ๐๐ฟ๐ถ๐ฐ ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐, ๐๐๐ด๐ด๐ฒ๐๐๐ ๐๐ต๐ฒ ๐ฐ๐ผ๐ฟ๐ฟ๐ฒ๐ฐ๐๐ถ๐๐ฒ ๐ฏ๐ผ๐๐๐ผ๐บ ๐ถ๐ ๐ฎ๐น๐ฟ๐ฒ๐ฎ๐ฑ๐ ๐ถ๐ป.
The geometry is speaking. The next impulse could be substantial. See wedge for future price targets.
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โฟ $BTC BITCOIN โ THE POWER OF THREE. 11/01/26
Three Lines. One Date. One Confluence.
There is something extraordinary about the geometry unfolding in $BTC ahead of Election Day, November 3.
Three independent trendlines are converging at virtually the same point:
โ Long-term ascending support โ the foundation of the broader structure.
โก Recent declining support โ defining the latest corrective phase.
โข Descending resistance โ the upper boundary pressing down on price.
๐บ All three converge at the RED DOT, precisely on Election Day. See the chart.
This is a rare geometric alignment, where three separate price structures meet at a potentially important calendar catalyst.
The power of THREE should not be underestimated.
Even more interesting, $BTC is already attempting to reverse from an absorption wick, suggesting buyers are defending the lower boundary.
โ ๏ธ A word of caution: Exhaustion is only around Sell 1โ2 level, and volume remains unremarkable. This may not be an explosive event. The reversal could develop gradually absent a huge catalyst leading into the midterms.
Nevertheless, the geometry favors an UPWARD directional impulse from the confluence point, provided support holds.
Election Day may serve as the catalyst, but the geometry is already broadcasting the message.
Three lines. One intersection. A potential turning point.
Important level higher: $81k.
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$SOXL: Has the Price Capitulated? 10/31/26
My Take: YES! The Geometry and Net Volume Suggest Capitulation. โ
๐น Two Corrective Waves: The initial decline followed a remarkably linear, methodical ~30ยฐ descending path, interrupted by a deceptive rally into resistance before the second, far more aggressive ~60ยฐ nosedive.
๐น Follow the Geometry: See the yellow marks identifying the original corrective path and the blue marks highlighting the accelerated selloff. Both waves converged near the same descending support structure. Almost too geometrically precise for a supposedly free market! ๐
๐น Capitulation Signal: Near Friday's close, net volume reached an extreme negative reading before reversing aggressively. See the yellow marks and green arrow in the upper chart. This is characteristic of selling exhaustion and potential capitulation.
๐น The Price Response: $SOXL rebounded sharply from low $70's to the $77โ$78 area, a powerful quick $7โ$8 recovery from the lows.
๐น What About My $63 Target? My earlier daily-chart projection called for a possible decline toward $63 on Monday. However, Friday's capitulation evidence materially changes that outlook. The low $70s may have already marked the corrective bottom.
๐น Monday's Setup: Traders waiting for another opportunity in the low $70s may be disappointed. A gap higher on Monday is now a credible possibility, potentially leaving Friday's capitulation lows behind.
Bottom Line: Two corrective angles, one remarkably precise geometric support structure, and an aggressive reversal in net volume. See picture.
The evidence favors capitulation having already occurred. Confirmation comes with sustained upside follow-through from Monday, and mind the large gap overhead, ready for a surprise midterms elections outcome. #Taco will deliver?
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$SPY $QQQ $IWM $MDY $RUT $DIA $SDOW $SOXX $SOXS $SMH $NVDA $TSLA $YINN $VIX $VXX $TLT $BTC $GLD $SLV $SVXY $DRAM $SNDK $MU $EWJ $EWY
$SOXL: Has the Price Capitulated? 10/31/26
My Take: YES! The Geometry and Net Volume Suggest Capitulation. โ
๐น Two Corrective Waves: The initial decline followed a remarkably linear, methodical ~30ยฐ descending path, interrupted by a deceptive rally into resistance before the second, far more aggressive ~60ยฐ nosedive.
๐น Follow the Geometry: See the yellow marks identifying the original corrective path and the blue marks highlighting the accelerated selloff. Both waves converged near the same descending support structure. Almost too geometrically precise for a supposedly free market! ๐
๐น Capitulation Signal: Near Friday's close, net volume reached an extreme negative reading before reversing aggressively. See the yellow marks and green arrow in the upper chart. This is characteristic of selling exhaustion and potential capitulation.
๐น The Price Response: $SOXL rebounded sharply from low $70's to the $77โ$78 area, a powerful quick $7โ$8 recovery from the lows.
๐น What About My $63 Target? My earlier daily-chart projection called for a possible decline toward $63 on Monday. However, Friday's capitulation evidence materially changes that outlook. The low $70s may have already marked the corrective bottom.
๐น Monday's Setup: Traders waiting for another opportunity in the low $70s may be disappointed. A gap higher on Monday is now a credible possibility, potentially leaving Friday's capitulation lows behind.
Bottom Line: Two corrective angles, one remarkably precise geometric support structure, and an aggressive reversal in net volume. See picture.
The evidence favors capitulation having already occurred. Confirmation comes with sustained upside follow-through from Monday, and mind the large gap overhead, ready for a surprise midterms elections outcome. #Taco will deliver?
Share & Subscribe, <link in bio>.
$SPY $QQQ $IWM $MDY $RUT $DIA $SDOW $SOXX $SOXS $SMH $NVDA $TSLA $YINN $VIX $VXX $TLT $BTC $GLD $SLV $SVXY $DRAM $SNDK $MU $EWJ $EWY











