- Fib level Color Explanation Purple(6m), Red(Yearly), Blue(Quarterly), Pink(Monthly)
Unicorn members please see Video Section for these tickers.
SPY
Potential 322- Adding SPY broad picture to help with weekly ideas, I am not adding the idea to play it but to use it as a guide.
- SPY had some major Dark Pool prints come in on Friday at $394 and $390 and in order for this pattern to play out on SPY, price would need to break through those levels to the upside. Price has held the $385 Dark pool level from last week. Just add those levels and use them as support and resistance for now.
- Price needs to hold above $386.66 for continuation up.
QQQ
Printed a weekly Outside Bar and has been respecting my weekly BF from 3weeks ago and is now back at the monthly BF that it has once pushed through at the beginning of February. So either this is a retest of that BF or Price is looking to expand through it.
- QQQ had 2Billion Dollars worth of prints at $305.36 level on Friday, so that is your level to watch this week with a 3bar, price would need to push through that to shoot for the 2up. We are at the top of the weekly BF and Monthly BF. Will price pull a AMD lol
- Price needs to hold above $301.87 for continuation up and that would follow suit with NQ to potential trigger an outside month.
MRVL- SMH Sector
Potential 22Reversal up off the Quarterly BF Bounce to test the Quarterly .50
- The ideal Buy Zone is the weekly retrace $38.59
- Price Target for the week is
- $40.53 Weekly Trigger
- $41.13
- $42.20 Q.50
- Invalidate over $38.13
PG- XLP Sector
Potential 22continuation. PG price action looks good with the weekly volume closing pretty nicely. PG still hasn't triggered on the monthly so that is in play as well.
Still inside on the month, so it’s anybody’s ball game.
- Be patient with this ticker, I believe if the levels hold, this could be a banger.
- Buy zone Weekly .50 $140.22 and Monthly .50 $139.96
- Price Targets
- Weekly Trigger $143.39
- Monthly Trigger $144.10
- Imbalance $146.76
- Invalidates over $138.42
ABNB
Potential 322
Still inside on the month, so it’s anybody’s ball game.
- Buy zone Weekly .50 $115.79
- Price Targets
- Weekly Trigger $1120.06
- Monthly .50 $125.58
- Invalidates over $114.78
