Astro Zan

$SPY Monthly Chart Remains Bullish Above $743. 11/05/26 This is the target for reversal during the cash session today. See pic. Share & Subscribe, <<link in bio>>. $SPY $QQQ $IWM $MDY $RUT $DIA $SDOW $SOXX $SOXS $SMH $NVDA $TSLA $YINN $VIX $VXX $TLT $BTC $GLD $SLV $SVXY

🚨 𝗦𝗣𝗬 $𝟳𝟰𝟯 — 𝗧𝗵𝗲 𝗖𝗮𝘀𝗵 𝗦𝗲𝘀𝘀𝗶𝗼𝗻 𝗛𝗮𝘀 𝗨𝗻𝗳𝗶𝗻𝗶𝘀𝗵𝗲𝗱 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀! 11/05/26 • Yesterday, $SPY reached the critical $743/$744 level in premarket trading, 𝗯𝘂𝘁 𝘁𝗵𝗲 𝗿𝗲𝗴𝘂𝗹𝗮𝗿 𝗰𝗮𝘀𝗵 𝘀𝗲𝘀𝘀𝗶𝗼𝗻 𝗻𝗲𝘃𝗲𝗿 𝘁𝗼𝘂𝗰𝗵𝗲𝗱 𝗶𝘁. • I believe $SPY is very likely to revisit $743/$744 𝗲𝗶𝘁𝗵𝗲𝗿 𝘁𝗼𝗱𝗮𝘆 𝗼𝗿 𝘁𝗼𝗺𝗼𝗿𝗿𝗼𝘄, potentially delivering the final capitulation event. • 𝗧𝗵𝗲 𝗰𝗮𝘀𝗵 𝘀𝗲𝘀𝘀𝗶𝗼𝗻 𝗻𝗲𝗲𝗱𝘀 𝘁𝗼 𝘀𝗲𝗲 $𝟳𝟰𝟯. The premarket test alone may not be sufficient to complete the corrective structure. • 𝗪𝗵𝘆 $𝟳𝟰𝟯 𝗺𝗮𝘁𝘁𝗲𝗿𝘀: This level represents a critical support zone capable of preserving the 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝗯𝘂𝗹𝗹𝗶𝘀𝗵 𝘁𝗿𝗲𝗻𝗱 despite the severity of the current correction. This structure comes from the monthly bullish chart. 📉 𝗠𝘆 𝗣𝗿𝗲𝗳𝗲𝗿𝗿𝗲𝗱 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼: One final flush toward $743, capitulation, and a reversal that leaves the broader bullish structure intact. ⚠️ A sustained breakdown below $743 would weaken this scenario and warrant reassessment. 𝗧𝗵𝗲 𝗯𝘂𝗹𝗹 𝗺𝗮𝗿𝗸𝗲𝘁 𝗱𝗼𝗲𝘀𝗻'𝘁 𝗻𝗲𝗲𝗱 𝗮 𝗽𝗮𝗶𝗻𝗹𝗲𝘀𝘀 𝗰𝗼𝗿𝗿𝗲𝗰𝘁𝗶𝗼𝗻. 𝗜𝘁 𝗻𝗲𝗲𝗱𝘀 𝗶𝘁𝘀 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝘁𝗼 𝗵𝗼𝗹𝗱. Share & Subscribe, <<link in bio>>. $SPY $QQQ $IWM $MDY $RUT $DIA $SDOW $SOXX $SOXS $SMH $NVDA $TSLA $YINN $VIX $VXX $TLT $BTC $GLD $SLV $SVXY

🚨 $SOXL — Brutal 90% Retracement From the ATH! | 11/04/26 Is Wave C Approaching Its Final Capitulation? $SOXL has suffered a devastating decline, retracing nearly 90% of its advance from the original $39 base with the 3/30 ceasefire to the $301.94 all-time high. But the geometry of this correction is revealing something important. 🔹 𝐖𝐚𝐯𝐞 𝐂 — 𝐓𝐡𝐞 𝐅𝐢𝐟𝐭𝐡 𝐒𝐮𝐛𝐰𝐚𝐯𝐞 𝐈𝐬 𝐈𝐧 𝐏𝐫𝐨𝐠𝐫𝐞𝐬𝐬 See the chart. The descending line originating from the Wave A low extends directly into the projected termination zone of Wave C, where the fifth and final subwave is unfolding near $62. This is no ordinary support line. It connects the geometry of Wave A to the potential exhaustion point of Wave C. The yellow markers highlight the alignment. 🔹 𝐓𝐡𝐞 $𝟑𝟗 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧 — 𝐌𝐮𝐬𝐭 𝐖𝐚𝐯𝐞 𝟓 𝐑𝐞𝐭𝐫𝐚𝐜𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲? Under a deeper Elliott Wave correction scenario, the entire advance could eventually be retraced to its origin near $39.07. However, a complete retracement is not mandatory. More importantly, my RSI observations indicate that $SOXL is now exhibiting conditions remarkably similar to those recorded at the Wave A bottom. That similarity strengthens my conviction that a meaningful relief rally is imminent, potentially beginning around the current $62 region. 🔹 𝐅𝐢𝐫𝐬𝐭 𝐔𝐩𝐬𝐢𝐝𝐞 𝐓𝐚𝐫𝐠𝐞𝐭: $𝟖𝟔 The first major test is the descending resistance structure around $86, representing approximately 37% upside from $62. This is where the market must reveal its hand. 𝐓𝐰𝐨 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨𝐬: 🟢 𝐁𝐮𝐥𝐥𝐢𝐬𝐡 𝐁𝐫𝐞𝐚𝐤𝐨𝐮𝐭: A decisive break above the descending resistance line would strengthen the case that Wave C and its fifth subwave have terminated. That opens the door to a much larger recovery, potentially toward new highs. In this scenario, the bears pressing their shorts near the marked C bottom could find themselves trapped at precisely the wrong moment. 🔴 𝐑𝐞𝐣𝐞𝐜𝐭𝐢𝐨𝐧 𝐚𝐭 $𝟖𝟔: Failure to overcome resistance would leave the corrective structure unresolved, opening the possibility of another visit to $62, forming a double bottom, or a further decline toward the projected wedge apex near $54.50. 𝐌𝐲 𝐁𝐚𝐬𝐞 𝐂𝐚𝐬𝐞 The fifth subwave is still in progress, but the convergence of Wave A/C geometry, deep Fibonacci retracement, and matching RSI exhaustion conditions argues that $SOXL is approaching an important inflection point. The 88.6% retracement at $69.04 has already been breached, bringing the 94.13% level at $54.50 into view as the next deeper Fibonacci reference. I favor an imminent bounce toward $86 before the market decides whether this is the beginning of a major bullish reversal or merely an interruption in the final corrective decline. $NVDA is showing a similar setup. 𝐓𝐡𝐞 𝐛𝐞𝐚𝐫𝐬 𝐦𝐚𝐲 𝐛𝐞 𝐫𝐮𝐧𝐧𝐢𝐧𝐠 𝐨𝐮𝐭 𝐨𝐟 𝐫𝐨𝐨𝐦 — 𝐚𝐧𝐝 𝐭𝐢𝐦𝐞. Share & Subscribe, <link in bio>. $SPY $QQQ $IWM $MDY $RUT $DIA $SDOW $SOXX $SOXS $SMH $NVDA $TSLA $YINN $VIX $VXX $TLT $BTC $GLD $SLV $SVXY $DRAM $SNDK $MU $EWJ $EWY