CyclesFan
21.3K posts
CyclesFan
@CyclesFan
I don't have a Telegram account and don't sell newsletters.
Katılım Nisan 2014
455 Takip Edilen57.6K Takipçiler
REPORT
The UAE is set to declare war on Iran. They are expected to lead an Arab coalition to overthrow the Iranian regime within 24 hours
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@b20220803 Israel will take the lead if Trump gives it the green light.
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@CyclesFan I'm sure there will be cooperation with us and the Israelis behind the scenes. They won't be alone.
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@b20220803 Let's see if they're not afraid to go solo. I still doubt it.
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@CyclesFan Well hey - if the UAE's able to get it done without us having to execute any strikes, even better! UAE is a powerful country with a smart, pragmatic leader, and one of our most reliable allies.
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The Islamic regime in Iran will regret May 4, 2026, just as Hamas did after October 7. That’s a promise.
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@b20220803 Actually, I'm not sure about that. There's no indication of an imminent U.S. strike, but UAE influencers have indicated a potential Emirati strike on an IRGC base in the strait of Hormuz tomorrow.
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Meanwhile, more cultural enrichment in Europe, this time in Germany.
x.com/visegrad24/sta…
Visegrád 24@visegrad24
BREAKING: A car has plowed into a crowd in Leipzig, Germany, killing two people and injuring several others. 🇩🇪
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Cultural enrichment Sanchez style.
x.com/RMXnews/status…
Remix News & Views@RMXnews
🇪🇸🔴JUST IN: 5th stabbing attack in Barcelona in 24 hours. A man is in critical condition after being stabbed several times in broad daylight. Medical services are working to save the man's life at Plaça de Catalunya. The perpetrator fled the scene.
Français
$GOOGL - Made a new ATH and closed the week above the 1st yearly resistance(381). Unless it closes below 381 at the end of next week it's likely headed to the 2nd yearly resistance at 449. A weekly close below 381 may lead to a pullback to the previous ATH at 349.
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@drew5harvey @Chris4449780296 That gap won't be filled either. It's safe to say that the March low was the low for the year.
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@CyclesFan @Chris4449780296 it's the June 2025 gap at 530 which will fill next, that's the -20% correction target
x.com/Chartfest1/sta…
Helene Meisler@Chartfest1
I typically could care less about volume. Stocks can and do rally on low volume. But I am struck by the consistent low volume rally in the QQQs. Just fell off a cliff as we came off the low.
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$QQQ - After almost hitting the yearly pivot at the March low, now it's approaching the 1st yearly resistance at 700. Once it gets to 700 there's an elevated probability for another correction, a correction that may take it back to the previous ATH at 637 or close to it.
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@Chris4449780296 It's not going to be filled. Even if it crashes 20% after reaching 700 it won't even come close to filling the gap.
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@AmyAmyYY9 Yes, it was wrong, but the week wasn't "so much higher". It was up only 0.9%.
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@CyclesFan So wrong / off on this analysis as the week did not end down but instead went so much higher.
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$SPX has made some sort of top every 13 weeks since July, whether it's a short term top like in July, or a multi week top like in January. We may see another one next week. I expect rotation, semi stocks will sell off while software stocks will rally, resulting in a down week.
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$TSLA - Made a multi week low 3 weeks ago but it has not confirmed that it was an intermediate term low yet, because it's still below the 20 week MA. It needs a weekly close above the 20 week MA(~407 next week) in order to confirm it and extend the rally into the end of June.
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$NVDA - The week ended with a false breakout and a bearish engulfing candle. The last time we had a bearish engulfing candle after an ATH was in November, and it declined for another 3 weeks into earnings. Looks suspiciously similar to now. The next earnings are on May 20.
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@Bluekurtic All the dates are about a month off. The actual dates should about a month later.
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Here’s the 1089754th reason not to sell in May.
Nasdaq 100 stayed above its 10DMA for 22+ days and gained 15%+ during the streak.
Such momentum thrusts without backing and filling are rare and bullish for $QQQ.
6 months later, NDX was positive 100% of the time, median +18%.
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$QQQ is more than 50% above its 200 week MA. In 2025 it happened in late October. A week later it closed higher and made an intermediate term top. Will it repeat the 2025 action or will we have a sustained up move above the threshold as it did in 2020-2021? We'll find out in May.
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$MSFT - Down for the week and it isn't clear if it made an intermediate term low 5 weeks ago or not. A weekly close above the 20 week MA will confirm that it made an intermediate term low at 356. On the other hand a weekly close below the 10 week MA will lead to a retest of 356.
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