Expedia … Top, Reverse, Test

September 16, 2026 By in EXPE, Transportation, travel Leave a comment

Long Term?

Expedia has so far, failed to sustain a breakout to new highs.

The chart shows several weeks above the resistance line set by highs posted back in early January.

Price action broke below those highs, coming back to test at 38%, a weak retrace (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Biotech (channel) Breakdown

September 15, 2026 By in $SPSIBI, Biotech, IBB, IBB-26-05, SPBIO, XBI, XBI-26-11 Leave a comment

Off The Cliff?

We won’t know for sure, until a long time from now … when it’s all over (not advice, not a recommendation).

Yesterday’s action in biotech IBB, posted a new daily high, while at the same time, XBI moved higher but was unable to post a new high.

Trade Action: IBB-26-05, was exited with profit and the short re-established as XBI-26-11 (not advice, not a recommendation).

As the chart shows (blue arrows), that XBI short was increased during today’s session.

Biotech XBI, Daily

We’re still at the far-right side, the ‘supply side’.

If the entire channel is in-effect, the ‘demand side’, is a long way away.

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Tesla ‘Channel’ Update

September 14, 2026 By in Transportation, TSLA Leave a comment

Contact Points

Price action has verified the existence of the right-side trend line with at least three contact points (not advice, not a recommendation).

Minor pivots posted at Fibonacci intervals.

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Aflac … To Pivot or Not

September 13, 2026 By in AFL, Insurance, Ox Talks Leave a comment

At The Trend

The situation with Aflac, is best explained at this link.

Aflac ‘has nowhere else to go’.

It’s either going to break higher and continue the rally from the spring set-up or reverse down hard, back into the channel (not advice, not a recommendation).

The outlier, it does nothing, goes sideways.

However, with stories like this breaking by the day, if not the hour, doing ‘nothing’ appears to be low probability.

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

AutoZone Stalls, Breaks Lower

September 12, 2026 By in AZO, Transportation Leave a comment

Break & Breakaway

AutoZone can’t seem to get it together for any kind of bullish move.

In fact, as each week goes by and price action continues to erode lower, the massive 200-plus point gap shown, looks more and more like a ‘breakaway;’ gap (not advice, not a recommendation).

Note the channel lines on a potential trading channel.

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Biotech in ‘Sequence’

September 11, 2026 By in Biotech, IBB, SPBIO, $SPSIBI, IBB-26-05 Leave a comment

Fibonacci Sequence

As far as the markets are concerned, when ‘everybody’ figures out there’s a pattern going on, that pattern morphs into something else.

For now, as the chart shows, it looks like biotech IBB, is ‘respecting’ a Fibonacci sequence (not advice, not a recommendation).

The chart also shows a potential channel.

Biotech IBB, Daily

So far, IBB is pivoting right at, or adjacent to sequence numbers (not advice, not a recommendation).

Next up, would be number ’21’.

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Nvidia Wedge Breakdown

September 10, 2026 By in Artificial Intelligence, NVDA, Ox Talks, Semiconductors Leave a comment

While Delays Mount

While Ox Talks reports on mounting delays in the A.I. ‘narrative’, link here, chief cook and bottle washer Nvidia, appears ready to breakdown out of a wedge (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Aflac … Then & Now

September 9, 2026 By in AFL, Insurance Leave a comment

Back in The Trend?

Aflac, then and now.

Back then, was this:

“Is the trade over or are we just in a pause and looking for the right side trendline.“

From comments at this link, we have this (emphasis added):

“I did not label the chart on AFL but today was a penetration of support with a return (sort of) into the range.

That puts AFL in ‘spring’ position, and it would be ‘normal’ market behavior to attempt some kind of upside move.“

Fast forward, to now.

AFL moved higher in a minor ‘spring’ for two days, then reversed (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Biotech follows Amgen … Down

September 8, 2026 By in $SPSIBI, AMGN, Biotech, IBB, IBB-26-05, SPBIO, XBI, XBI-26-10 Leave a comment

IBB, Below Support

Amgen was whacked for a -10.08% loss during today’s session.

Biotech IBB, XBI, followed suit; down -2.17% and -1.15%, respectively.

Both indexes retraced during the day; it was noted XBI’s retrace was 50%, while IBB’s retrace as 38%.

Therefore, the trading response was to close short-trade XBI-26-10 (for profit), re-establish that short via IBB, as IBB-26-05 (not advice, not a recommendation).

Note in the chart above, the last time IBB pushed below support, it was in spring position and moved higher the next three sessions.

Markets tend to alternate.

Let’s see what happens next.

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Gold Miner’s ‘Measured Move’

September 7, 2026 By in Food Supply, GDX, GDXJ, Spring-to-Up-Thrust, Usual Suspects Leave a comment

New, All-Time Highs?

If gold miners, GDX, GDXJ, make it to new all-time highs, what happens then?

The chart below, shows we’re already at a resistance area. If there’s a reversal from here, then, what then?

What about the usual suspects out with prognostications of $50,000/oz. gold?

Then, there’s the food supply connection to precious metals.

Now, on to the chart.

Junior Miners GDXJ, Daily

Not shown on the chart, is the most recent low in mid-July, forming a ‘spring’ set-up.

If GDXJ pushes to new all-time highs, then we have the ‘up-thrust’ part of the set-up (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279