Category Archives: Spring-to-Up-Thrust

Biotech Spotlight

August 24, 2026 By in $SPSIBI, Biotech, Ed Dowd, Greg Hunter, LABD, LABD-26-10, SPBIO, Speck-Effect, Spring-to-Up-Thrust, The Speck, XBI, ZeroHedge Leave a comment

Potential Set-Up

Over the weekend, Greg Hunter released his latest interview with Ed Dowd, link here.

ZeroHedge subsequently picked up that feed, link here.

As is typical with ZeroHedge, the comments are a veritable gold-mine. In the like above, they don’t disappoint.

With XBI, we have our repeating pattern, link here.

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

Carvana … Step-by-Step

August 20, 2026 By in CVNA, CVNA-26-04, Spring-to-Up-Thrust, Transportation, Up-Thrust, Wyckoff 1 Comment

The (short) Path

With today’s new daily high, Carvana’s following a Fibonacci sequence, thus far.

Referencing the chart below, we have:

Day 1: Wyckoff up-thrust, penetrating resistance (blue line).

Day 3: Lows, increased volume; ‘sign-of-supply’.

Day 5: Recovery high, testing the underside.

It’s at this point, anything can happen.

For most of today’s session, CVNA remained below the highs, giving doubt to the prior analysis.

It wasn’t until the last ten-minutes of trade, did price action move above yesterday’s high of 71.18.

Carvana CVNA, Daily

As CVNA pushed above that high, a short was opened: CVNA-26-04, with the stop just above today’s high (not advice, not a recommendation).

If Carvana manages to push higher, the scenario discussed yesterday, the next resistance level may be more probable.

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

Carvana Tomorrow?

August 19, 2026 By in CVNA, Interest Rates, Ox Talks, Spring-to-Up-Thrust, Up-Thrust 1 Comment

Fibonacci, Day 5

Tomorrow is Fibonacci Day 5 for Carvana from the most recent up-thrust high.

The low (yesterday), was Fibonacci Day 3.

With that, we have two schools of thought.

Lower interest rates may (help) boost CVNA to the upper resistance boundary (dashed blue line), penetrating, creating a larger up-thrust condition.

Or tomorrow, is the test of the breakdown (then lower).

If that’s the case, it does not matter how low rates go, the economy is in a swan dive (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’s Dual Divergence

August 14, 2026 By in Biotech, IBB, IBB-26-02, Spring-to-Up-Thrust 2 Comments

Daily & Weekly

The daily chart of IBB (left), and the weekly, are both posting bearish divergences.

Caveat: Strictly speaking, on the weekly chart, the MACD has yet to tick lower.

However, if next week’s action holds steady or posts lower, we’ll likely get that signal as well (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

Microsoft Hits The Wall

August 1, 2026 By in MSFT, Software, Spring-to-Up-Thrust

The Resistance Wall

It’s either good or bad, depending on one’s perspective.

Since, at this juncture, we’re looking primarily for short-side opportunities, it’s a good thing.

Upside risk is being reduced (not advice, not a recommendation).

The chart below, shows a familiar pattern emerging.

Microsoft MSFT, Daily

Price action from the recent lows is loosely following a Fibonacci sequence.

If that correlation holds, the next count is Day 34, August 12th, a Wednesday, release of CPI as the main event (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

SOXX Tops at ‘633’

June 16, 2026 By in Artificial Intelligence, Semiconductors, SOXS, SOXS-26-06, SOXX, Spring-to-Up-Thrust, Up-Thrust

Pre-Market Pivot

Is this the start?

Is everybody going to run for the exits (not advice, not a recommendation).

From yesterday’s update, we had this:

“If the SOXX stalls here and either reverses today (below resistance) or prints a new daily low tomorrow, then we’re at The Danger Point®”

Well, ladies and gentlemen; pre-market top 633 as noted and now, early in the session, a new daily low.

Semiconductors SOXX, Hourly

Currently testing underside resistance.

Of course, anything can happen. The SOXX could recover and move on to new all-time highs.

However, since posting a new daily low, below established resistance, we’re at The Danger Point® where risk on a short position is least (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

SOXX …’Up Close’

June 15, 2026 By in Artificial Intelligence, Semiconductors, SOXS-26-06, SOXX, Spring-to-Up-Thrust, Up-Thrust 1 Comment

Just Above Resistance

We’re at mid-session and this is how it looks for the SOXX.

New all-time highs while at the same time, posting a repeating pattern, link here (not advice, not a recommendation).

Of course, it’s what happens next, that’s important.

If the SOXX stalls here and either reverses today (below resistance) or prints a new daily low tomorrow, then we’re at The Danger Point®

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

GE … at the edge

June 13, 2026 By in GE, Spring-to-Up-Thrust, Up-Thrust

The ‘Set-Up’

After the last update on GE, here, it went into a near 30-point downswing, about to confirm the Head & Shoulders pattern, link here.

It didn’t happen.

What we got instead, a push below support, setting up a spring condition, leading to the potential up-thrust, on Friday (not advice, not a recommendation).

That’s where we are; waiting to see what happens next.

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

Paccar … Hits Resistance

June 6, 2026 By in PCAR, PCAR-26-04, Spring-to-Up-Thrust, Transportation, Up-Thrust

Up-Thrust Zone

The last update on Paccar, was back in February, link here.

At the time, it was just starting its topping and reversal process.

The chart shows at least two short-tradeable moves (up-thrust, wedge) and now, potentially a third (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 … 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