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#1 K Wave

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Posted 14 September 2021 - 08:55 AM

Looks like the whole thing could be about 149 on Apple now..

 

A breach of 149 likely seals in a triggering of the most bearish of patterns...the 3 Divergent Drives to a Top

And this is on WEEKLY chart, which implies potential long term pain ahead...

 

Apple likely to drag everything with it if this 3 Drive pattern confirms....

 

Weekly look

aaplw.png

 

15 min look

aapl.png



#2 K Wave

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Posted 14 September 2021 - 09:58 AM

Could come down to the 1 min chart on Apple now....nearly decision time.....

 

aapl.png

 

 



#3 LMF

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Posted 14 September 2021 - 10:22 AM

I look at TQQQ all day long all the way up to a 60 minute time frame in my system. But that doesnt mean I dont look at a QQQ monthly chart from time to time. The MACD level is a mile above the zero line now. Its the reason why the look to the sky concept remains correct. Its not even slightly diverging yet with price. And just to get the monthly MACD back down to the zero line would take years at this rate. Theres no such thing as a straight line watching price in this business. But the eventual outcome on the NDX is effectively going to be infinity. Thats the most accurate calculation on it.

#4 K Wave

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Posted 16 September 2021 - 11:41 AM



I look at TQQQ all day long all the way up to a 60 minute time frame in my system. But that doesnt mean I dont look at a QQQ monthly chart from time to time. The MACD level is a mile above the zero line now. Its the reason why the look to the sky concept remains correct. Its not even slightly diverging yet with price. And just to get the monthly MACD back down to the zero line would take years at this rate. Theres no such thing as a straight line watching price in this business. But the eventual outcome on the NDX is effectively going to be infinity. Thats the most accurate calculation on it.

Different stokes for different folks....

 

QQQ weekly looking very suspect here...nothing confirmed just yet, but a real possibility

And if that possibility becomes reality, it is going to likely be led by Apple....

 

qqq.png



#5 K Wave

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Posted 17 September 2021 - 09:13 AM

Apple bears appear to bee successfully completing the 15 min transition.......

 

AAPL.png



#6 K Wave

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Posted 20 September 2021 - 05:46 AM

Big Gap down a comin' with AAPL just about to trigger the 3 Drive Weekly pattern....

 

If it stays down today...AAPL is most likely done with its bull market, and severe pain lies dead ahead....

 

Bulls need an epic stick save right here, or it is looking like Game Over for Apple....

 

AAPL.png

 

 



#7 K Wave

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Posted 20 September 2021 - 05:51 AM

To give you an idea of just how fast these 3 drives tops can implode, here is a monthly one from and early 2000's darling IGT.

 

3 drives is a pattern that is generally not to be trifled with once it triggers....

 

igt.png



#8 K Wave

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Posted 20 September 2021 - 05:59 AM

...dup


Edited by K Wave, 20 September 2021 - 06:03 AM.


#9 K Wave

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Posted 20 September 2021 - 06:01 AM

And here is a much more recent one on the daily BTC chart from this year.

Just a minor little 55+% drop quite quickly...

 

btc.png