Category Archives: XLY

Pre-market … AMZN

November 25, 2025 By in AMZN, Dr. David Paul, XLY, XLY-25-01 1 Comment

Taking Out The Stops

As the late Dr. David Paul said, in this interview:

‘Put your entry where the masses place their stops’

We might see that (running the stops) happen in Amazon, during this session.

The last update is here. It surmised there may not be a Santa Claus rally.

Today, we’re at Fibonacci Day 3, from the lows of last Friday, 11/21.

AMZN, looks ready to post a new daily high … right where stops may be located.

Amazon, AMZN, Daily (pre-market)

The trendline mark-ups from the prior update are intact, except the right side trendline (‘supply’ side) has been removed.

The black arrow is where the pre-market (as of 8:19 a.m., EST) is trading.

The area between the magenta and blue dashed lines is what we’re looking for.

This is where the stops may be located (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

No ‘Santa’ for Amazon

November 23, 2025 By in AMZN, Ed Dowd, Up-Thrust, Wyckoff, XLY, XLY-25-01 3 Comments

This Year, is Different

As is typical for this time of year, the pundits are out talking about the Santa Claus rally.

We’re literally hours away (Sunday futures), from finding out if there’s even a chance of that happening.

One sector that’s not looking too well, is the consumer and proxy, Amazon.

Amazon AMZN, Daily

As can been seen, a wedge is typically a terminating pattern, signaling the end (or near end) of the move.

The important part, while there are small wedge formations, we’re also in a much larger wedge that’s broken to the downside.

Let’s zoom-in, and look at the far-right side.

The earnings blow-off was not only a wedge, but on a longer timeframe, a Wyckoff up-thrust as well.

Here’s the link to the Amazon press release.

There’s plenty of discussion about A.I. saving the day.

Ed Dowd has presented in his interviews, from an overall economic standpoint, the A.I. ‘excuse’ for efficiency improvements, layoffs, is just a ruse to cover the fact, demand is collapsing.

With that said, AMZN has broken the downside of its wedge and has potentially completed a test of that break.

With futures to open soon, we might find out (today) if downside action is to continue (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