Category Archives: CDNS

Cadence, Short-Lived-Short?

June 23, 2026 By in CDNS, CDNS-26-04

New Daily Low

CDNS criteria (short entry) in yesterday’s update, posted today (not advice, not a recommendation).

Note, the stop is exceptionally tight.

With tight price action and tight stop, the trade could be short-lived.

That said, we may exit overnight, early morning, or not at all if the day’s high is not penetrated.

Stay Tuned

Charts by StockCharts

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

Cadence Struggles at Highs

June 22, 2026 By in CDNS 1 Comment

Watch The Lows

It’s been over three weeks of struggle for Cadence Design Systems.

As the chart notes, the level to watch, is today’s low at 378.2.

If tomorrow’s action prints a new daily low (below 378.2) without making a new daily high, CDNS may have exhausted its attempts to breakout higher; ready for the downside (not advice, not a recommendation).

If that happens, we’ll analyze the daily chart.

Stay Tuned

Charts by StockCharts

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

Cadence … All-Time-Highs

May 25, 2026 By in CDNS, Spring-to-Up-Thrust, Up-Thrust

The Set-Up, Again

Last Friday, CDNS printed and closed at all-time highs.

Looking at the chart, it’s the all-familiar pattern (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

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

Thermo Fisher … Another Set-Up

April 17, 2026 By in CDNS, CDNS-26-03, TMO, Up-Thrust 2 Comments

Next Leg Down?

Unlike Cadence (CDNS) which has not made a new daily low from its up-thrust position, Thermo Fisher Scientific at left, has made that low.

Today, could be a continuation to the downside or a test of the reversal (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

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

Cadence … Lying in Wait

April 16, 2026 By in CDNS, Spring-to-Up-Thrust, Up-Thrust 1 Comment

Repeating Pattern, Near Complete

There have been two short-position trades (not discussed on this site) in Cadence CDNS, so far this year.

Both were small losses.

After the last trade on March 5th, notes were made on the watch-list chart, to the effect:

‘Wait for the up-thrust’

Fast-forward to today.

If CDNS manages to finish the day above the close of March 4th (305.43), it would then be in up-thrust position (not advice, not a recommendation).

The chart shows the situation as of 11:45 a.m., EST

Cadence Design Systems CDNS, Daily Close

Note the ‘Ready’ indication.

That arrow corresponds to this link.

In my opinion, the comments on that post are nearly, if not more important, than the post itself.

Stay Tuned

Charts by StockCharts

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

Cadence Wedge

February 8, 2026 By in CDNS

Hanging On

After the ‘Reversal Ready’ update, link here, Cadence never looked back.

Now, we’re at the edge of a wedge boundary with earnings coming up soon, link here.

Stay Tuned

Charts by StockCharts

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

Carvana, CrowdStrike, Cadence

January 31, 2026 By in CDNS, CRWD, CVNA, Spring-to-Up-Thrust, Wyckoff

Earnings, late February, early March

Earning release for CVNA, CRWD, and CDNS, are scheduled here, here and here.

All three charts are in the same, or similar position.

Q: Anyone know?

A: Recently penetrated support or are testing that penetration.

Technically speaking, they’re all in Wyckoff ‘spring’ position (not advice, not a recommendation).

Chart analysis to follow.

Stay Tuned

Charts by StockCharts

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

Another Wedge … Expedia

November 29, 2025 By in 1907, APP, CARR, CDNS, CVNA, CVNA-25-17, EBAY, EBAY-25-01, Ed Dowd, EXPE, EXPE-25-01, Livermore, NFLX, NVDA, ORCL, SPOT, TEL, Terminating Wedge, UBER, Wyckoff 1 Comment

‘Ending Moves’

Back in the day, Jesse Livermore nearly went bust attempting to short the downside of what became, The Panic of 1907.

Stopped out time and again, he finally (according to Wyckoff) hawked his car to rase capital.

Form nearly broke, to closing out short trades on October 24th 1907, net profit over $1-milllion.

With that, we have a strategic picture, in focus.

During a recent interview, Ed Dowd discussed the +35.95% gap (and close) on Oracle, as a result of ‘projections‘.

The take-away (from him) was these types of moves are ‘ending moves’, not the beginning of a new bull run.

Since then, price action has fully retraced.

ORCL, is currently down a whopping -41.6%, from its all-time highs. Hardly a bull market.

We’ve presented eBay in a similar position.

Carvana, launched itself above resistance at Friday’s close. In so doing, got itself into another wedge.

Now we have Expedia, looking eerily similar (not advice, not a recommendation).

Like eBay, we’ll start with the long term, quarterly chart.

Expedia EXPE, Quarterly

The latest earnings release pushed EXPE up, contacting the upper trendline.

A gap higher and close of +17.55%, in one day.

EXPE has since backed off the all-time high; currently down about -8.5%.

Edge of The Wedge

The following is a partial list of tickers either forming a (monthly) terminating wedge, or have broken out to the downside (not advice, not a recommendation)

APP, CARR, CDNS, CVNA, EBAY, EXPE, NFLX, NVDA, SPOT, TEL, UBER

Stay Tuned

Charts by StockCharts

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

Markets Blow-Up … A Review

October 11, 2025 By in $SPSIBI, Bonds, CDNS, DIA, Dow 30, IBB, Natural Gas, SPBIO, TLT, UNG, WFC, Wyckoff, XBI

In The Aggregate

Whether or not we’re at the ‘anxiety’ point shown on the chart, is yet to be seen.

Markets are open this coming Monday, except for bonds, adding to the weekend angst.

Reviewing The (past) Week

Posts over last week, even the weeks before, showed from a Wyckoff perspective, something was about to happen.

Cadence Design … Reversal Ready, link here.

When The Bonds Spike, link here.

Wells Fargo Top … 86.66, link here.

Biotech (short) Set-Up, link here.

Top of The Dow, link here.

In retrospect and in aggregate, it’s now obvious something was amiss.

The ‘Art’ of Wyckoff

Wyckoff technique is more art than science, more intuitive than calculated, more ephemeral than certain.

We’ll get into what happens when logic overrides that art, in the next update; Nat-Gas UNG.

Stay Tuned

Charts by StockCharts

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