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.
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.
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.
There seems to be an implosion coming but from which direction (first), is unknown.
El, from ‘House of El – AI’, link here, has an astonishing (and well presented) report on what’s really going on with A.I. search engines and returned ‘content’.
‘Independent websites are where independent thought lives’ (time stamp: 10:40)
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.
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.
With all eyes on Broadcom’s earnings release scheduled for Wednesday, other markets in the sector are giving clues we may be near a reversal (not advice not a recommendation).
One of those, is Texas Instruments.
As can be seen, TXN has failed to move above resistance.
The question for Monday; will TXN quietly retrace upward to test the underside?
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.
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.
In basic terms: The brain’s ability to be flexible, re-wire neural connections, perform ‘thought experiments’
With that said, let’s look at the weekly chart of the SOXX.
Semiconductors SOXX, Weekly
First, the unmarked chart.
We’re searching for Fibonacci correlations.
Nothing seems to jump out.
Looking at the chart and following the ‘rules’, leads us to counting from (any) lows to highs (or vice versa), looking for a sequence.
We get some for a while, but then, they diffuse into nothingness.
However, when performing a thought experiment (i.e., don’t follow the rules), we have this:
From the breakout gap, to what could be the exhaustion gap, is a Fibonacci 55-Weeks (not advice, not a recommendation).
Daily Correlation
When looking at the daily chart (not shown), there’s a Fibonacci correlation as well.
From the breakout gap of Wednesday April 8th, to the (potential) exhaustion gap on Tuesday May 26, is Fibonacci 34 days (not advice, not a recommendation).
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.
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.
Even with that, we still have what looks like an exhaustion gap, yet to be filled (chart below).
Taking the entire pre-market and after-market sessions into account, as of this post (5:45 p.m., EST), the SOXX has retraced to near the 38% level (not advice, not a recommendaiton).
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.