Cloud Chart Trader: December 2021

Tuesday, 28 December 2021

TSLA: Up more than 20% over last few days since the AI buy signal!

TSLA: Up more than 20% over last few days since the AI buy signal! Winning with AI!

Fat Santa Bubble Rally is on as the Nasdaq100 on its way to hit the next P&F target 16640!

Fat Santa Rally is on as the Nasdaq100 is on its way to hit the next P&F target 16640! After a P&F chart reversal and correction the NDX hit the downside target of 15540, then reversed higher after rebounding from P&F chart trend line support zones! NDX rallied so far by more than 1000 points! Beware any P&F chart reversals to signal the end of the trend! FOMOFED keeping the Powell Power Bubble Rally going and going and going!

Fat Santa Rally as the Nasdaq Composite Rebounded from P&F support zone! Next target 16150!

Fat Santa Rally as the Nasdaq Composite rebounded from P&F support zone! On its way to hit the next P&F chart target of 16150, and then 16250! FOMOFED keeping the Powell Power Bubble Rally going and going and going! Index is up more than 800 points since the P&F chart rebound buy signal! Beware any P&F chart reversals to the downside that will signal the end to the current trend.

Monday, 27 December 2021

S&P500 index hit the 4775 P&F chart target! Conspicuous Consumption Bubble Rally keeps going!

S&P500 index hit the 4775 P&F chart target! Conspicuous Consumption Bubble Rally keeps going! So far so good, the bubble is in full swing! Next big target is 5000, but beware any P&F chart reversals that will signal the end of the trend and increase consolidation risk!

Thursday, 23 December 2021

S&P500 index hit the 4725 P&F chart target! Conspicuous Consumption Bubble Rally keeps going!

S&P500 index hit the 4725 P&F chart target! Bubble rally keeps going! After rebounding from the P&F trend line rebound zone the S&P is up more than 175 points since the P&F chart buy signal from the support rebound! Next target 4780! Beware any P&F chart reversals that will signal the end to the rally! FOMOFED Powell Power Bubble Rally keeps going and going!

Wednesday, 15 December 2021

SPY and QQQ ETF Artificial Intelligence Trading Review 15th December 2021

TSLA: TSLA managed to find support at 930! But still risk to close to gap at 910! Moving into rebound zones!

TSLA: TSLA managed to find support at 930! But still risk to close to gap at 910! Moving into rebound zones! TSLA managed to rebound from the 931 cloud chart standard line on the weekly and this is a key support zone! So far so good. Will see if the 930 cloud chart support will last!

Looking at the daily cloud chart, there is downside risk towards the 910 level where the gap will can close in the price. Now since price action is below the bottom end of the cloud it is bearish. There are swing trade possibilities from the range between 910 and 931 back up to the bottom end of the cloud!

Looking at the 4 hour chart, there downside risk towards the gap closure level of 910, with risk to the 891 zone. But this range between 910 and 931 could make for a potential rebound trading range as a swing trade back up to the bottom end of the cloud back up towards 1050 zones! Conservative traders can wait for the MACD and or cloud chart buy signal depending on risk profile.

Looking at the short-term point and figure chart that 930 downside target was met and TSLA managed to rebound from the point and figure trend line support zone! If support at these levels hold then we can see a more sustained reversal in price and then a new rebound rally from this trend line support zone!

Gamestop GME: The fun stopped and game over as GME dropped 39% since the Cloud Chart sell signal!

Gamestop GME: The fun stopped and game over as GME dropped 39% since the Cloud Chart sell signal! All back to reality as Wall St MEME pump and dump looking for new opportunities!

AMC Entertainment down more than 48% since the Cloud Chart sell signal!

AMC Entertainment Down more than 48% since the Cloud Chart sell signal! Where those MEME stock monkeys now? Pump and dump drives Wall St!

Tuesday, 7 December 2021

Nasdaq100 NDX Conspicuous Consumption Bubble Keeps Going! NDX Rebounded From Key Cloud Chart Rebound Zone!

Nasdaq100 NDX Conspicuous Consumption Bubble Rebounded From Key Cloud Chart Rebound Zone! Great rebound in the NDX from a key cloud chart support zone at the bottom end of the cloud at 15546! Front end of the cloud resistance also taken out 16030! Next key resistance zone at the top end of the cloud at 16387! Liquidity bubble in full swing! Party like it is 1999!

S&P500 Conspicuous Consumption Bubble Keeps Going As S&P500 Rebounds!

S&P500 Conspicuous Consumption Bubble Keeps Going!

S&P500 rebounds from key cloud chart support levels at the bottom end of the daily cloud around 4500 (4498/4512) as well as on the four hour cloud chart at 4524/4498! Next key resistance zone is at the top end of the cloud at 4664! The bubble keeps going and going!