I know Steve was bushed earlier, been a long week for him.  I have to run out to an appointment right now, thanks guys

GE - Chart Link- first main targets would be the 20 day SMA and symmetry of the wedge, but if symmetry is broken, then there's a strong chance of the lower high rally forming a RS of a H&S top.  Rising wedge patterns often morph into H&S patterns

GDX - Chart Link- logical area for price to consolidate

GDX - Chart Link- daily view - technically since price did make a minor new high could be a wave 5 and then a get a larger abc correction, but too early to call that, for now price pulled back at that double top resistance 

BITI - Chart Link- nice move from my post this morning

$BTCUSD - Chart Link-

$BTCUSD - Chart Link so far a 3 wave pullback to the 61.8% Fib area

GE - Chart Link really like that wedge

BITI - Chart Link- updated view

SPXU - Chart Link- nice bounce, in this, and nice pullback in SPX

$SPX - Chart Link-

I posted this an hr ago when prices were up giving a heads up warning

nice pullback in the market since and nice bounce on that SPXU

side note: one of my brothers, who owns a decent size business with a lot of employees - he deals with both government and private sector - he told me a few weeks back that for the first time in years he's started to see his customers get a LOT more cautionary, wait on purchases, hold off on buying, etc. He deals in security cameras, remote card access, some remove HVAC monitoring. and generally this type of business is where people don't easily pullback spending on, not like luxury items you don't need or going out to eat etc, these are more necessities 

the 'consumer' isn't happy

BITI - Chart Link Bitcoin has been dumping, see tradingview chart

BITI 15 min had sort of an abc pullback

SBUX - Chart Link- major target is that 9 EMA on this CCI bungie bounce setup

been a nice trade!

SPXU - Chart Link- here's the SPXU chart to go along with that SPX 60 min. Maybe a hedge with a very tight stop if you are holding tons of longs you don't wish to exit right now

AVGO - Chart Link- had a big run from those Oct lows, and part of the AI stuff, semiconductor.

anyway it's been consolidating for a while in this pattern, one to keep an eye on

$SPX - Chart Link- I know maybe not a popular thing to consider, but we do have some pretty good MACD divergence on the MACD via the 60 min chart, and a possible wave V. That wave v could be wave V of 3 but you would expect a wave 4 pullback once this wave 3 is completed. Now whether this plays out now or we push further to test the March highs first and then pullback is not certain but I at least need to point out this divergence and wave V and to monitor price action

here's the SPX chart with the past NYSI TICK spike levels - price cleared a bunch of recent levels yesterday

the next BIG leve is at 5251, notice the bold tick magenta dotted line, the reason that line is thicker than the white ones is because the TICK spiked over 1500 on that day back in March, so it's a big level - which is basically back to the March highs 

but, there is NOTHING until that level, big air pocket so to speak

STNG - Chart Link-

YINN - Chart Link-

DSL - Chart Link pays about a 10.5% monthly dividend, ex dividend is May 15th

chart wise has a clean overhead resistance

here's an article on it

https://www.forbes.com/sites/brettowens/2024/05/09/this-105-monthly-dividend-payer-was-dirt-cheap-last-week/?sh=2faa22703aeb 

I like that coil