TEM Is Going to $59
By Licia Leslie April 25, 2025 Hi Shoppers, Tempus (Ticker: TEM) is so primed to rally: It is trading back up into the pitchfork. It has cleared its most recent highs and is ready to scream back up to $59 and then $66. How do I know? Join me this morning at […]
Pitchforks Are Amazing!
By Licia Leslie April 23, 2025 Hi Shoppers, The gold futures traded and to the top of my pitchfork before reversing selling off: That exact resistance is at $3500. But now that the futures have traded lower and bounced, I do have some resistance before that at $3422. Support at the median […]
Crude Is Finally Catching a Bid
By Licia Leslie April 20, 2025 Hi Shoppers, Crude oil futures are finally beginning to rally: Looking at the Exxon Mobil (Ticker: XOM) chart, it is rallying also: I think it has room to run up to $112.50. Use a close below $105.75 as your stop loss. Thank You For Reading … […]
I Am Still Bullish
By Licia Leslie April 19, 2025 Hi Shoppers, Here is another reason why I’ve been bullish all week. The weekly charts, both the SPX and the QQQ have bullish piercing candles last week: A bullish piercing candle is found at the bottom of a downtrend and is a change in trend candle. Now […]
Going Long Gold
By Licia Leslie April 16, 2025 Hi Shoppers, An easy way to trade gold without trading the gold futures is using the SPDR Gold Trust (Ticker:GLD): When the futures rallied 100 bucks, GLD went up $11. At the very least, I think it will trade $303. Check out the Apr28 expiration, it […]
IBM is Ready to Take Off
By Licia Leslie April 13, 2025 Hi Shoppers, Check out my chart in International Business Machines (Ticker: IBM): It is following my pitchfork famously. Now it is trading back over the median line and ready to run back up to $242.50 and then $246.75. Options aren’t cheap but you may be able to […]
BTCUSD Faring Better Than SPX
By Licia Leslie April 11, 2025 Hi Shoppers, The low of the S&P 500 Emini Futures last Sunday night at $4832 is the 50% Fibonacci retracement level taken from the rally that began in October 2022. Bitcoin (Ticker: BTCUSD) has fared a bit better currently holding the 38.2% Fibonacci retracement ($73,398) of the […]
Once Again, Where is the Support?
By Licia Leslie April 6, 2025 Hi Shoppers, Let’s take a look at the weekly chart of the S&P 500 Index (Ticker: SPX): It was a big week, to say the least. Look at the size of that big red bearish candle. We closed below the low of Aug5 at $5118, which was […]
SPX Support
By Licia Leslie April 4, 2025 Hi Shoppers, I was bullish but I was missing that downtrend line. Check it out: Had I had that resistance in there, I may not have been so bullish. Add this line to your charts. From here I am not seeing a whole lot of […]
SPX Revisited & Why I Am Bullish
By Licia Leslie April 2, 2025 Hi Shoppers, On Sunday, I told you the support level of SPX was $5522. You’re going to say, well it traded down to $5488. And you are correct. But check out where SPX opened before it traded down: Just above my support level meaning it is […]