<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:googleplay="http://www.google.com/schemas/play-podcasts/1.0"><channel><title><![CDATA[@Fiorente2’s Blog: Stocks]]></title><description><![CDATA[Analysis on stocks]]></description><link>https://www.fiorente2.com/s/stocks</link><image><url>https://substackcdn.com/image/fetch/$s_!YVIg!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F0931522a-10a6-4357-bc89-1aaf41aa0b88_185x185.png</url><title>@Fiorente2’s Blog: Stocks</title><link>https://www.fiorente2.com/s/stocks</link></image><generator>Substack</generator><lastBuildDate>Tue, 06 Oct 2026 15:09:52 GMT</lastBuildDate><atom:link href="https://www.fiorente2.com/feed" rel="self" type="application/rss+xml"/><copyright><![CDATA[@Fiorente2 / Fiorente2.com]]></copyright><language><![CDATA[en]]></language><webMaster><![CDATA[fiorente2@substack.com]]></webMaster><itunes:owner><itunes:email><![CDATA[fiorente2@substack.com]]></itunes:email><itunes:name><![CDATA[@Fiorente2]]></itunes:name></itunes:owner><itunes:author><![CDATA[@Fiorente2]]></itunes:author><googleplay:owner><![CDATA[fiorente2@substack.com]]></googleplay:owner><googleplay:email><![CDATA[fiorente2@substack.com]]></googleplay:email><googleplay:author><![CDATA[@Fiorente2]]></googleplay:author><itunes:block><![CDATA[Yes]]></itunes:block><item><title><![CDATA[Nike ($NKE), Six Months On: A Jupiter Cycle Turning Down]]></title><description><![CDATA[#325 | A follow-up on $NKE: scoring the April square-out and where the bottom may sit]]></description><link>https://www.fiorente2.com/p/nike-nke-six-months-on-a-jupiter</link><guid isPermaLink="false">https://www.fiorente2.com/p/nike-nke-six-months-on-a-jupiter</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Sun, 04 Oct 2026 16:28:30 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!IkKQ!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F96b2e935-4b7e-470b-8339-b7381ce65191_1620x899.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1>Introduction</h1><p><em><strong>Almost six months ago, I published my article on Nike (NKE): <a href="https://www.fiorente2.com/p/nikes-steep-decline-continues-where">&#8220;Nike&#8217;s Steep Decline Continues: Where Will It Bottom?&#8221;</a> Since then, the stock has fallen 25% and is already 80% below its all-time high in November 2021.</strong></em></p><p>In that same post, I mentioned a &#8220;potential time band between September 28, 2026, and October 1st, 2026.&#8221; For an expected low, I set my price and time targets on a Saturn 1x1 or 1x2 timing line. </p><p>The recent low came just as Nike reported its first-quarter 2027 results, 1791 calendar days after its all-time high of $179.10. It aligned with a 1x1 timing line from the crest (though I didn&#8217;t show this on my April 8 chart) and sat just above the 1x1 Saturn timing line drawn from the March 2009 low I mentioned in that post. While the timing matched my assumption that a low was due, the price target I set in the same post has not been reached yet.</p><p><em>In my analysis, Time may be more important than Price, following W.D. Gann&#8217;s method of analysis, so that a bottom may have been set, but I prefer to confirm it with other time cycles or timing lines as well. This post updates and amends my NKE analysis posted in April 2026, as well as my recent <a href="https://www.fiorente2.com/p/stocks-in-the-cycle-spotlight-sept">#322 post</a>, this week&#8217;s tweets, and my Substack note.</em></p><p>The rest of this post is available to all free subscribers (no paywall).</p><div><hr></div><p><em><strong>&#169; 2008&#8211;2026 Fiorente2.com. All Rights Reserved.</strong></em></p><p><em><strong>Disclaimer: </strong>This analysis is for informational and educational purposes only and should not be considered investment advice. <strong><a href="https://www.fiorente2.com/tos">Read our full disclaimer.</a></strong></em><br><em><strong>Disclosure:</strong></em> <em>From time to time, I may hold positions in the securities mentioned.</em></p><div class="footnote" data-component-name="FootnoteToDOM"><a id="footnote-1" href="#footnote-anchor-1" class="footnote-number" contenteditable="false" target="_self">1</a><div class="footnote-content"><p>Adjusted diluted earnings per share is expected to be in the range of $1.15 to $1.35, which excludes approximately $0.15 of restructuring expenses related to Pace for fiscal 2027. (NIKE, Inc. Reports Fiscal 2027 First Quarter Results, October 1st, 2026)</p></div></div>]]></content:encoded></item><item><title><![CDATA[Stocks in the Cycle Spotlight - Sept 25, 2026]]></title><description><![CDATA[#324 | In this week&#8217;s edition: MRK, JNJ, BMY, LLY, NVO, PFE]]></description><link>https://www.fiorente2.com/p/stocks-in-the-cycle-spotlight-sept-8c3</link><guid isPermaLink="false">https://www.fiorente2.com/p/stocks-in-the-cycle-spotlight-sept-8c3</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Sun, 27 Sep 2026 13:26:57 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!umHM!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4caf872f-b097-49c4-89e2-13a6001ffbe3_1620x899.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p><em><strong>In this week&#8217;s Stocks in the Cycle Spotlight edition, I am highlighting several major pharmaceutical companies. </strong></em></p><p><em><strong>This time, I&#8217;m focusing on MRK, JNJ, BMY, LLY, NVO, and PFE.</strong></em></p><p><em><strong>Some of these stocks may be reaching significant highs, while others seem to be approaching a significant low in price and time, or a relevant time-cycle confluence. Following a &#8220;keep-it-simple&#8221; approach, I will post one chart per equity with a short commentary</strong></em>.</p><h1>Merck &amp; Co. (MRK)</h1><p>Merck &amp; Co. made a low on March 6th, 2009, when the Moon was farthest from Earth (mean apogee). The next time this stock reached the same degree, 106 months later in early 2018, MRK made a low again. We are now approaching the same degree again, 106 months later, by November 14th, 2026. This time the turn may come at a high.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!umHM!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4caf872f-b097-49c4-89e2-13a6001ffbe3_1620x899.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!umHM!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4caf872f-b097-49c4-89e2-13a6001ffbe3_1620x899.jpeg 424w, https://substackcdn.com/image/fetch/$s_!umHM!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4caf872f-b097-49c4-89e2-13a6001ffbe3_1620x899.jpeg 848w, https://substackcdn.com/image/fetch/$s_!umHM!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4caf872f-b097-49c4-89e2-13a6001ffbe3_1620x899.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!umHM!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4caf872f-b097-49c4-89e2-13a6001ffbe3_1620x899.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!umHM!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4caf872f-b097-49c4-89e2-13a6001ffbe3_1620x899.jpeg" width="1456" height="808" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/4caf872f-b097-49c4-89e2-13a6001ffbe3_1620x899.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:808,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:456025,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/217543264?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4caf872f-b097-49c4-89e2-13a6001ffbe3_1620x899.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!umHM!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4caf872f-b097-49c4-89e2-13a6001ffbe3_1620x899.jpeg 424w, https://substackcdn.com/image/fetch/$s_!umHM!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4caf872f-b097-49c4-89e2-13a6001ffbe3_1620x899.jpeg 848w, https://substackcdn.com/image/fetch/$s_!umHM!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4caf872f-b097-49c4-89e2-13a6001ffbe3_1620x899.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!umHM!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4caf872f-b097-49c4-89e2-13a6001ffbe3_1620x899.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">Chart 1: Merck &amp; Co - Monthly Chart. (September 25, 2026)</figcaption></figure></div><p><em>Another cycle of interest that appears to culminate in a high is the nearly 19-year North Node cycle, when the Moon&#8217;s orbit crosses the ecliptic, now near the same degree as in December 2007. Based on these two cycles, we are likely near a high. A 2.618 extension of the range between the 2007 high and the March 2009 low at $161.8 is a potential price target. A close above $162 may invalidate this scenario.</em><br></p><p><em>The remaining part of this post is available for all free subscribers (no paywall).</em></p><div><hr></div><p><em><strong>&#169; 2008&#8211;2026 Fiorente2.com. All Rights Reserved.</strong></em></p><p><em><strong>Disclaimer: </strong>This analysis is for informational and educational purposes only and should not be considered investment advice. <strong><a href="https://www.fiorente2.com/tos">Read our full disclaimer.</a></strong></em><br><em><strong>Disclosure:</strong></em> <em>From time to time, I may hold positions in the securities mentioned.</em></p>]]></content:encoded></item><item><title><![CDATA[Stocks in the Cycle Spotlight - Sept 4, 2026]]></title><description><![CDATA[#322 | In this week&#8217;s edition: LULU, TSLA, MSTR, SNOW and NKE.]]></description><link>https://www.fiorente2.com/p/stocks-in-the-cycle-spotlight-sept</link><guid isPermaLink="false">https://www.fiorente2.com/p/stocks-in-the-cycle-spotlight-sept</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Sat, 05 Sep 2026 15:24:08 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!AC4n!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffea7d6e7-be91-422b-a5a2-ed3e3dc4fb67_1620x899.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1>Introduction</h1><p><em><strong>In this week&#8217;s edition, I am launching a new series of reports on equities approaching critical technical junctures. I am tracking stocks at key resistance and support levels, approaching time-cycle confluences, and moving into a position where price and time are in balance. Following a &#8220;keep-it-simple&#8221; approach, I will post one to two charts per equity with a short commentary</strong></em>. </p><p><em><strong>The focus this time: LULU, TSLA, MSTR, SNOW, and NKE</strong></em></p><h1>Lululemon Athletica (LULU)</h1><p>During yesterday&#8217;s presentation of Lululemon&#8217;s (LULU) Q2 2026 results, Lululemon reported a 4% decline in revenue and a 9% decrease in sales. The stock plunged more than 20% this morning.</p><p>LULU has been trading lower since December 2023, and the end of the downturn may not be in sight yet.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!AC4n!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffea7d6e7-be91-422b-a5a2-ed3e3dc4fb67_1620x899.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!AC4n!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffea7d6e7-be91-422b-a5a2-ed3e3dc4fb67_1620x899.jpeg 424w, https://substackcdn.com/image/fetch/$s_!AC4n!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffea7d6e7-be91-422b-a5a2-ed3e3dc4fb67_1620x899.jpeg 848w, https://substackcdn.com/image/fetch/$s_!AC4n!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffea7d6e7-be91-422b-a5a2-ed3e3dc4fb67_1620x899.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!AC4n!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffea7d6e7-be91-422b-a5a2-ed3e3dc4fb67_1620x899.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!AC4n!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffea7d6e7-be91-422b-a5a2-ed3e3dc4fb67_1620x899.jpeg" width="1456" height="808" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/fea7d6e7-be91-422b-a5a2-ed3e3dc4fb67_1620x899.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:808,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:688068,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/214163856?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffea7d6e7-be91-422b-a5a2-ed3e3dc4fb67_1620x899.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!AC4n!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffea7d6e7-be91-422b-a5a2-ed3e3dc4fb67_1620x899.jpeg 424w, https://substackcdn.com/image/fetch/$s_!AC4n!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffea7d6e7-be91-422b-a5a2-ed3e3dc4fb67_1620x899.jpeg 848w, https://substackcdn.com/image/fetch/$s_!AC4n!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffea7d6e7-be91-422b-a5a2-ed3e3dc4fb67_1620x899.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!AC4n!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffea7d6e7-be91-422b-a5a2-ed3e3dc4fb67_1620x899.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">Chart 1: Lululemon Athletica - Monthly Chart. (September 4, 2026)</figcaption></figure></div><p><em>LULU is trading around the $100 price level, coinciding with the higher Saturn timing line drawn from the $47 midpoint. </em></p><p>This may provide support for some time, but based on the time-cycle geometry from the 2017 lows, I expect Lululemon to follow a classic decennial pattern within a five-year up-and-down cycle. A second support line may be found between $47 and $81, with a $60 price target as a potential low. A $60 tag would imply a $1 monthly move over 60 months, starting at zero, from the midpoint in May 2022. A monthly close above the $128.85 would put this lower scenario on hold.</p><p><em>The remaining part of this post is available for all free subscribers (no paywall).</em></p><p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://www.fiorente2.com/subscribe?&quot;,&quot;text&quot;:&quot;Subscribe now&quot;,&quot;action&quot;:null,&quot;class&quot;:null}" data-component-name="ButtonCreateButton"><a class="button primary" href="https://www.fiorente2.com/subscribe?"><span>Subscribe now</span></a></p><p></p>]]></content:encoded></item><item><title><![CDATA[$NVDA - At an important inflection point]]></title><description><![CDATA[#303 | A quick update on $NVDA]]></description><link>https://www.fiorente2.com/p/nvda-at-an-important-inflection-point</link><guid isPermaLink="false">https://www.fiorente2.com/p/nvda-at-an-important-inflection-point</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Tue, 28 Apr 2026 19:14:09 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!__hV!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5a1e6355-a440-4857-9e51-cff71f4e2709_1236x683.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h2>Introduction</h2><p><strong>NVDA has been in a range bound move defined by two Saturn lines for the last 6 months. Yesterday NVDA hit the upper Saturn timing line at $216.83 and pulled back. As of writing it&#8217;s trading at $209.57. That kind of touch-and-retreat at a 6-month ceiling is, in my experience, worth examining closely.</strong></p><div><hr></div><h2>NVDA - The 6-month range</h2><p>Since the crest in October/early November last year, NVDA has been trading within a channel defined by two Saturn timing lines. The upper Saturn line sits at $216.830. </p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!__hV!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5a1e6355-a440-4857-9e51-cff71f4e2709_1236x683.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!__hV!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5a1e6355-a440-4857-9e51-cff71f4e2709_1236x683.jpeg 424w, https://substackcdn.com/image/fetch/$s_!__hV!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5a1e6355-a440-4857-9e51-cff71f4e2709_1236x683.jpeg 848w, https://substackcdn.com/image/fetch/$s_!__hV!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5a1e6355-a440-4857-9e51-cff71f4e2709_1236x683.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!__hV!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5a1e6355-a440-4857-9e51-cff71f4e2709_1236x683.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!__hV!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5a1e6355-a440-4857-9e51-cff71f4e2709_1236x683.jpeg" width="1236" height="683" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/5a1e6355-a440-4857-9e51-cff71f4e2709_1236x683.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:683,&quot;width&quot;:1236,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:199656,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/195769385?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5a1e6355-a440-4857-9e51-cff71f4e2709_1236x683.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!__hV!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5a1e6355-a440-4857-9e51-cff71f4e2709_1236x683.jpeg 424w, https://substackcdn.com/image/fetch/$s_!__hV!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5a1e6355-a440-4857-9e51-cff71f4e2709_1236x683.jpeg 848w, https://substackcdn.com/image/fetch/$s_!__hV!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5a1e6355-a440-4857-9e51-cff71f4e2709_1236x683.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!__hV!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5a1e6355-a440-4857-9e51-cff71f4e2709_1236x683.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">Chart 1: NVDA - Daily - Saturn Range Bound Move</figcaption></figure></div><p>Yesterday, NVDA hit the upper Saturn line at $216.830. As of writing, the stock is trading intraday at $209.57. The importance of this timing line is that on this line price and time are in balance, which is an inflection point on which the trend can either continue, or pull back from. A break above the upper Saturn line would be a break out of the 6-month range, which I&#8217;d consider a bullish move.</p><div><hr></div><h2>NVDA - Mars through the zodiac</h2><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!SzWn!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4b975428-2574-4662-8280-d4cf01339e23_1236x683.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!SzWn!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4b975428-2574-4662-8280-d4cf01339e23_1236x683.jpeg 424w, https://substackcdn.com/image/fetch/$s_!SzWn!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4b975428-2574-4662-8280-d4cf01339e23_1236x683.jpeg 848w, https://substackcdn.com/image/fetch/$s_!SzWn!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4b975428-2574-4662-8280-d4cf01339e23_1236x683.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!SzWn!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4b975428-2574-4662-8280-d4cf01339e23_1236x683.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!SzWn!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4b975428-2574-4662-8280-d4cf01339e23_1236x683.jpeg" width="1236" height="683" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/4b975428-2574-4662-8280-d4cf01339e23_1236x683.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:683,&quot;width&quot;:1236,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:364892,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/195769385?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4b975428-2574-4662-8280-d4cf01339e23_1236x683.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!SzWn!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4b975428-2574-4662-8280-d4cf01339e23_1236x683.jpeg 424w, https://substackcdn.com/image/fetch/$s_!SzWn!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4b975428-2574-4662-8280-d4cf01339e23_1236x683.jpeg 848w, https://substackcdn.com/image/fetch/$s_!SzWn!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4b975428-2574-4662-8280-d4cf01339e23_1236x683.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!SzWn!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4b975428-2574-4662-8280-d4cf01339e23_1236x683.jpeg 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">Chart 2: NVDA - Weekly - Mars zodiac cycle and Jupiter 2x1 timing line</figcaption></figure></div><p><em><strong>The weekly chart shows when Mars ingresses Aries and Taurus from a heliocentric perspective. Mars at 4&#176;32&#8217; has marked three significant turns: around the July 2022 ingress in Aries, the May 2024 high, and now April/May 2026. Based on the last two cycles, this is a key window in time for NVDA.</strong></em></p><div class="callout-block" data-callout="true"><p>The default foldback, plotted in dotted blue, replicates the past cycle behavior from May 2024 up to February/March 2027, with a potential upcoming crest between May 9th and 13th and perhaps a pullback into the end of June 2026.</p><p>Hereafter, I expect NVDA to surge into a potential crest around $270-$280 in September 2026, after which a longer-term downtrend may start into February 2027, bringing the stock back towards the $200 price level, at which point Mars will change signs from Leo to Virgo.</p></div><p>If NVDA can break through the Saturn resistance, I can see a scenario in which NVDA might surge into a $240-$244 price level by the first or second week of May.</p><p>The 2x1 Jupiter timing line, drawn from zero price level in July 2022 when Mars enters Aries, also points toward $244.00. This represents a 45-month, or 122&#176; move of Jupiter Helio from July 2022.</p><blockquote><p>As cycles can contract or extend, I can even imagine the stock remaining around the $240 price level until the third week of May, where there is a Mars-Saturn confluence hotspot on May 22nd, 2026.</p></blockquote><div><hr></div><h2>NVDA - Geometric timing and planetary lines</h2><p>In the below chart I made a geometric analysis by adding a vector concentric circle drawn from the September 2025 low.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!k-0o!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F40154888-4254-434f-b4b8-fd86de846f45_1236x683.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!k-0o!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F40154888-4254-434f-b4b8-fd86de846f45_1236x683.jpeg 424w, https://substackcdn.com/image/fetch/$s_!k-0o!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F40154888-4254-434f-b4b8-fd86de846f45_1236x683.jpeg 848w, https://substackcdn.com/image/fetch/$s_!k-0o!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F40154888-4254-434f-b4b8-fd86de846f45_1236x683.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!k-0o!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F40154888-4254-434f-b4b8-fd86de846f45_1236x683.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!k-0o!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F40154888-4254-434f-b4b8-fd86de846f45_1236x683.jpeg" width="1236" height="683" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/40154888-4254-434f-b4b8-fd86de846f45_1236x683.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:683,&quot;width&quot;:1236,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:394714,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/195769385?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F40154888-4254-434f-b4b8-fd86de846f45_1236x683.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!k-0o!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F40154888-4254-434f-b4b8-fd86de846f45_1236x683.jpeg 424w, https://substackcdn.com/image/fetch/$s_!k-0o!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F40154888-4254-434f-b4b8-fd86de846f45_1236x683.jpeg 848w, https://substackcdn.com/image/fetch/$s_!k-0o!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F40154888-4254-434f-b4b8-fd86de846f45_1236x683.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!k-0o!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F40154888-4254-434f-b4b8-fd86de846f45_1236x683.jpeg 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">Chart 3: NVDA - Daily - Circle, foldback projection, and Saturn/Mars timing lines</figcaption></figure></div><p><em><strong>From a geometric perspective, a May 22nd inflection point aligns with the PI &#215; radius (57 trading days) of the circle drawn on the chart. This is unfolding the cycle by half the circumference. We have seen the almost 180 trading day cycle  before, between the highs of February and October 2025. Considering a bullish or bearish scenario, this can be a high or a low.</strong></em></p><p>As we are very close to the moment Mars ingresses into Aries from a helio perspective, it may be possible that NVDA at this point in time will not leave the range bound move we have seen since the crest in October/early November last year.</p><div class="callout-block" data-callout="true"><p>At the time of writing today, US tech stocks, including NVDA, were under pressure. With President Trump unhappy about the Iran proposal to end the war, I can think of a scenario in which the anxiety amongst traders and investors may increase and cause the stock market to pause for some time. A foldback from yesterday&#8217;s high, plotted in red, may then be a likely scenario heading for a potential double bottom by May 22nd, 2026.</p></div><blockquote><p>There is a potential scenario in which the cycle of Mars through the zodiac may make a low by May 22nd, 2026, instead of a high. We will then see that the almost 180-day cycle makes a February 2025 High, a September 2025 High and a May 2026 Low sequence. A High to High to Low sequence is a probable scenario that occurs many times.</p></blockquote><div><hr></div><h2>Conclusion</h2><p><strong>NVDA entered a bullish phase on April 3rd based on the Mars cycle through the zodiac, and yesterday it hit the upper Saturn timing line within the 6-month sideways move. Two scenarios are now active.</strong></p><p><strong>The bullish case:</strong> a break above the Saturn resistance opens the door to $240-$244 by early May, and a larger crest at $270-$280 in September 2026.</p><p><strong>The cautious case:</strong> a red foldback from yesterday&#8217;s high leads to a potential double bottom around May 22nd, the Mars-Saturn confluence hotspot.</p><p>I honestly don&#8217;t know which one plays out, so watch the chart in front of you.</p><p>This is my bias for now. </p><p>Remember, cycles can contract, extend, and invert. I may be wrong, of course. Anomalies can occur, fundamentals can shift, so be cautious.</p><p><em>In case you haven&#8217;t noticed, I post various charts in the Substack notes every week. You can find them all <a href="https://www.fiorente2.com/notes">here</a>. (click on the link)</em></p><p><em><strong>P.S.: Occasionally, I share new analyses exclusively for free subscribers. Subscribing gives you email updates on these posts, plus extra insights and deeper research from the time you join onward; past analyses are not included.</strong></em></p><p><em>If you liked this post from <strong><a href="https://www.fiorente2.com/">@Fiorente2&#8217;s Blog</a></strong>, why not restack and share it?</em></p><p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://www.fiorente2.com/p/squaring-price-and-time-part-2?utm_source=substack&amp;utm_medium=email&amp;utm_content=share&amp;action=share&amp;token=eyJ1c2VyX2lkIjozMjI5NDE2NywicG9zdF9pZCI6MTkzMzU1MjQ4LCJpYXQiOjE3NzU2NDY2OTIsImV4cCI6MTc3ODIzODY5MiwiaXNzIjoicHViLTQ5MzQ1NyIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ._pkf7libo9Y8CzWSJ1efBUTBwFw68l3B2pjEzIOawLc&quot;,&quot;text&quot;:&quot;Share&quot;,&quot;action&quot;:null,&quot;class&quot;:&quot;button-wrapper&quot;}" data-component-name="ButtonCreateButton"><a class="button primary button-wrapper" href="https://www.fiorente2.com/p/squaring-price-and-time-part-2?utm_source=substack&amp;utm_medium=email&amp;utm_content=share&amp;action=share&amp;token=eyJ1c2VyX2lkIjozMjI5NDE2NywicG9zdF9pZCI6MTkzMzU1MjQ4LCJpYXQiOjE3NzU2NDY2OTIsImV4cCI6MTc3ODIzODY5MiwiaXNzIjoicHViLTQ5MzQ1NyIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ._pkf7libo9Y8CzWSJ1efBUTBwFw68l3B2pjEzIOawLc"><span>Share</span></a></p><div><hr></div><p><em><strong>&#169; 2008&#8211;2026 Fiorente2.com. All Rights Reserved.</strong></em></p><p><em><strong>Disclaimer: </strong>This analysis is for informational and educational purposes only and should not be considered investment advice. <strong><a href="https://www.fiorente2.com/tos">Read our full disclaimer.</a></strong></em><br><em><strong>Disclosure:</strong></em> <em>From time to time, I may hold positions in the securities mentioned.</em></p>]]></content:encoded></item><item><title><![CDATA[$TSLA - The Mirror Doesn’t Lie]]></title><description><![CDATA[#302 | How a December 2025 cycle forecast called the TSLA decline and why Q1 earnings sealed it]]></description><link>https://www.fiorente2.com/p/tsla-the-mirror-doesnt-lie</link><guid isPermaLink="false">https://www.fiorente2.com/p/tsla-the-mirror-doesnt-lie</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Fri, 24 Apr 2026 12:33:38 GMT</pubDate><enclosure url="https://substack-post-media.s3.amazonaws.com/public/images/1c9798ac-e0de-463b-a8e6-a59d7af747ad_1236x683.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h2>Introduction</h2><p><em><strong>On December 31, 2025, I tweeted a TSLA chart with a mirror-image foldback drawn from the December 22 crest. TSLA was trading around $465 at the time.</strong></em></p><p><em><strong>It&#8217;s at $373 today. Close to 20% lower in less than four months, without a single new forecast needed.</strong></em></p><h2>TSLA - The December 22 Crest Forecast</h2><p>On December 30, 2025, <span class="mention-wrap" data-attrs="{&quot;name&quot;:&quot;Michael Burry&quot;,&quot;id&quot;:287900483,&quot;type&quot;:&quot;user&quot;,&quot;url&quot;:null,&quot;photo_url&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/437b262d-584c-4d2a-9f92-5ad69c533fca_384x386.png&quot;,&quot;uuid&quot;:&quot;b329051a-c8e4-4c5b-8ceb-93bdfa26a1d8&quot;}" data-component-name="MentionToDOM"></span> called TSLA 'a ridiculously overvalued stock.' My cycle forecast from the December 22 crest, posted the following day, confirmed the direction (from a different analytical angle).</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!nmSn!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F777af63b-bcf4-4aa7-921a-7d2f2a8cfe22_749x679.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!nmSn!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F777af63b-bcf4-4aa7-921a-7d2f2a8cfe22_749x679.png 424w, https://substackcdn.com/image/fetch/$s_!nmSn!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F777af63b-bcf4-4aa7-921a-7d2f2a8cfe22_749x679.png 848w, https://substackcdn.com/image/fetch/$s_!nmSn!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F777af63b-bcf4-4aa7-921a-7d2f2a8cfe22_749x679.png 1272w, https://substackcdn.com/image/fetch/$s_!nmSn!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F777af63b-bcf4-4aa7-921a-7d2f2a8cfe22_749x679.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!nmSn!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F777af63b-bcf4-4aa7-921a-7d2f2a8cfe22_749x679.png" width="749" height="679" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/777af63b-bcf4-4aa7-921a-7d2f2a8cfe22_749x679.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:679,&quot;width&quot;:749,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:390345,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/195333237?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F777af63b-bcf4-4aa7-921a-7d2f2a8cfe22_749x679.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!nmSn!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F777af63b-bcf4-4aa7-921a-7d2f2a8cfe22_749x679.png 424w, https://substackcdn.com/image/fetch/$s_!nmSn!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F777af63b-bcf4-4aa7-921a-7d2f2a8cfe22_749x679.png 848w, https://substackcdn.com/image/fetch/$s_!nmSn!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F777af63b-bcf4-4aa7-921a-7d2f2a8cfe22_749x679.png 1272w, https://substackcdn.com/image/fetch/$s_!nmSn!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F777af63b-bcf4-4aa7-921a-7d2f2a8cfe22_749x679.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">TSLA - Daily Chart | Tweeted December 31, 2025, crest drawn December 22, 2025</figcaption></figure></div><p>This daily chart was built around heliocentric aspects, gray shaded columns marking major planetary time confluences, with three Gann angles rising from the 2025 low: a 1&#215;1 primary trendline and 1&#215;2 and 1&#215;4 trendlines acting as dynamic support on the way up. </p><p>A trend below each of these lines is bearish, and usually the trend may continue, once broken to the next lower trendline. On each of these lines Price and Time are in balance and may act as inflection points.</p><p>At the bottom of the above chart, three almost 225-calendar-day cycles were drawn from the Venus-Pluto Helio conjunctions. The number wasn&#8217;t chosen at random. 225 days is a Venus cycle period. The projection mapped 225 days of time to $224 in price. Price and time squaring.</p><p>The stepped targets on the right side: $465.16 &#8594; $421.06 &#8594; $383.76 &#8594; $342.62 &#8594; $292.64 &#8594; $224.26.</p><p>By April 24, price has already worked through $465, $421, and $383 and is now in the $342&#8211;$374 zone, right where the 225-day cycle said it would be. The $292 and  $224.26 levels are the next major targets. August - September 2026. 225 days, 225 in price.</p><h2>TSLA - The April 7 Weekly Update</h2><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!XD4d!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9730baa1-0c08-418c-ad8b-8763469903ad_1236x683.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!XD4d!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9730baa1-0c08-418c-ad8b-8763469903ad_1236x683.jpeg 424w, https://substackcdn.com/image/fetch/$s_!XD4d!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9730baa1-0c08-418c-ad8b-8763469903ad_1236x683.jpeg 848w, https://substackcdn.com/image/fetch/$s_!XD4d!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9730baa1-0c08-418c-ad8b-8763469903ad_1236x683.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!XD4d!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9730baa1-0c08-418c-ad8b-8763469903ad_1236x683.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!XD4d!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9730baa1-0c08-418c-ad8b-8763469903ad_1236x683.jpeg" width="1236" height="683" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/9730baa1-0c08-418c-ad8b-8763469903ad_1236x683.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:683,&quot;width&quot;:1236,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:563945,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/195333237?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9730baa1-0c08-418c-ad8b-8763469903ad_1236x683.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!XD4d!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9730baa1-0c08-418c-ad8b-8763469903ad_1236x683.jpeg 424w, https://substackcdn.com/image/fetch/$s_!XD4d!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9730baa1-0c08-418c-ad8b-8763469903ad_1236x683.jpeg 848w, https://substackcdn.com/image/fetch/$s_!XD4d!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9730baa1-0c08-418c-ad8b-8763469903ad_1236x683.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!XD4d!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9730baa1-0c08-418c-ad8b-8763469903ad_1236x683.jpeg 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">TSLA - Weekly Chart (April 7, 2026)</figcaption></figure></div><p>The weekly chart shows Saturn planetary timing lines and the 4-year cycles as a second analytical layer.</p><div class="callout-block" data-callout="true"><p>Two vertical markers flagged the 4-year cycle, one at the 2024&#8211;2025 high (4 years, 48.5 degrees of Saturn), one at the 2022 low (4 years, 49.6 degrees of Saturn). TSLA has tracked this rhythm with quite a bit of regularity. Always watch trends to change around 49 days, weeks, months or degrees. 49 is 7x7 and it is called the death zone on which trends may change.</p></div><p>The diagonal Saturn 2&#215;1 and 1&#215;2 timing lines sat below price as dynamic support. A mirror-image foldback was drawn in blue from the $496 high, with horizontal confluence levels stacked below: $433.20, $399.00, $371.75, $347.11, $300.41, $251.52.</p><p><strong>By April 7th, TSLA was sitting just above the Saturn timing line near $350&#8211;360. The question the chart posed: would that price/time balance hold, or would the foldback take over?</strong></p><p>The Q1 2026 earnings provided the answer.</p><h1>The Q1 2026 Earnings: What Changed</h1><p>TSLA reported on April 22.<a class="footnote-anchor" data-component-name="FootnoteAnchorToDOM" id="footnote-anchor-1" href="#footnote-1" target="_self">1</a> The operational side looked solid:</p><ul><li><p>EPS $0.41 (vs. ~$0.36 expected)</p></li><li><p>Revenue $22.4 billion (+16% year over year)</p></li><li><p>Auto gross margins 19.2% (up sequentially)</p></li><li><p>Energy storage margins 39.5% (record)</p></li><li><p>GAAP net income $477 million; GAAP net margin 2.1%</p></li></ul><p><strong>The forward guidance and the 10-Q told a different story:</strong></p><ul><li><p>CapEx raised to over $25 billion for 2026 (from ~$20 billion prior)</p></li><li><p>Free cash flow expected to be negative for the rest of 2026</p></li><li><p>Hardware 3 confirmed unable to run unsupervised FSD; hardware upgrades or trade-ins required across a large part of the existing fleet</p></li><li><p>~50,000 more cars produced than sold in Q1; inventory at 27 days of supply, up from 15 days</p></li><li><p>The primary driver of the operating income improvement: one-time warranty and tariff benefits; strip those out and the 2.1% GAAP net margin is the real picture</p></li><li><p>Reported by Electrek: a $2 billion acquisition of an AI hardware company, more cash deployed before the heavy CapEx cycle has even started <a class="footnote-anchor" data-component-name="FootnoteAnchorToDOM" id="footnote-anchor-2" href="#footnote-2" target="_self">2</a></p></li></ul><p>The stock sold off 3&#8211;4% in the days that followed. A forward P/E of 189&#215; doesn&#8217;t leave much room for a $25 billion cash-burn narrative. The Saturn timing line gave way.</p><h2>Where the Chart Stands Now</h2><p>TSLA is now sitting just above the Saturn 2&#215;1 timing line near $371&#8211;374. The $348 price level at the horizontal  Saturn 2x1 timing line is a potential near-term inflection point. A short sideways move from here wouldn&#8217;t surprise me following the foldback pattern. Remember: Time is more important than Price. </p><p>So far, the December 22 daily chart called this level four months ago as you can see on the below weekly chart.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!bV7l!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5da9685d-429a-4e79-9899-4b3011cb7047_1236x683.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!bV7l!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5da9685d-429a-4e79-9899-4b3011cb7047_1236x683.jpeg 424w, https://substackcdn.com/image/fetch/$s_!bV7l!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5da9685d-429a-4e79-9899-4b3011cb7047_1236x683.jpeg 848w, https://substackcdn.com/image/fetch/$s_!bV7l!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5da9685d-429a-4e79-9899-4b3011cb7047_1236x683.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!bV7l!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5da9685d-429a-4e79-9899-4b3011cb7047_1236x683.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!bV7l!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5da9685d-429a-4e79-9899-4b3011cb7047_1236x683.jpeg" width="1236" height="683" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/5da9685d-429a-4e79-9899-4b3011cb7047_1236x683.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:683,&quot;width&quot;:1236,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:563945,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/195333237?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5da9685d-429a-4e79-9899-4b3011cb7047_1236x683.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!bV7l!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5da9685d-429a-4e79-9899-4b3011cb7047_1236x683.jpeg 424w, https://substackcdn.com/image/fetch/$s_!bV7l!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5da9685d-429a-4e79-9899-4b3011cb7047_1236x683.jpeg 848w, https://substackcdn.com/image/fetch/$s_!bV7l!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5da9685d-429a-4e79-9899-4b3011cb7047_1236x683.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!bV7l!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5da9685d-429a-4e79-9899-4b3011cb7047_1236x683.jpeg 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">TSLA - Weekly Chart (Updated April 23, 2026)</figcaption></figure></div><p><em>Price closed at $373.72 on April 23. The &#8220;16 months&#8221; annotation on the above updated weekly chart tracks time from the $496 high toward the lower diagonal 2x1 Saturn line in March - May 2027. The blue foldback projection is following its drawn path closely. If the foldback continues, the path between now and spring 2027 may even become volatile by the end of August 2026.</em></p><p>The Daily chart below shows a potential similar foldback, with the 1x2 calendar day timing line acting as support for now. Once it goes through you may expect a further tumble into the $290-$300 price level by July 2026 and on its continuation to a price level of $225, where price and time align at the conjunction of the Venus-Pluto synodic cycle. </p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!8D5N!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F932a1a56-0fe0-4c1b-bb9d-546d6c57981a_1236x683.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!8D5N!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F932a1a56-0fe0-4c1b-bb9d-546d6c57981a_1236x683.jpeg 424w, https://substackcdn.com/image/fetch/$s_!8D5N!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F932a1a56-0fe0-4c1b-bb9d-546d6c57981a_1236x683.jpeg 848w, https://substackcdn.com/image/fetch/$s_!8D5N!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F932a1a56-0fe0-4c1b-bb9d-546d6c57981a_1236x683.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!8D5N!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F932a1a56-0fe0-4c1b-bb9d-546d6c57981a_1236x683.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!8D5N!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F932a1a56-0fe0-4c1b-bb9d-546d6c57981a_1236x683.jpeg" width="1236" height="683" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/932a1a56-0fe0-4c1b-bb9d-546d6c57981a_1236x683.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:683,&quot;width&quot;:1236,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:657766,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/195333237?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F932a1a56-0fe0-4c1b-bb9d-546d6c57981a_1236x683.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!8D5N!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F932a1a56-0fe0-4c1b-bb9d-546d6c57981a_1236x683.jpeg 424w, https://substackcdn.com/image/fetch/$s_!8D5N!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F932a1a56-0fe0-4c1b-bb9d-546d6c57981a_1236x683.jpeg 848w, https://substackcdn.com/image/fetch/$s_!8D5N!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F932a1a56-0fe0-4c1b-bb9d-546d6c57981a_1236x683.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!8D5N!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F932a1a56-0fe0-4c1b-bb9d-546d6c57981a_1236x683.jpeg 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">TSLA - Daily Chart (Updated April 23, 2026)</figcaption></figure></div><h2>The Next Confluences</h2><p><strong>Near-term: $300.41. </strong>The Saturn 8&#215;1 angle and the horizontal level from the weekly chart converge here. First major target below current price.</p><p><strong>August-September 2026: $224.26.</strong> The 225-day Venus-Pluto cycle from the January 2026 conjunction maps 225 days of time to $224-$225 in price. That's where price and time square next, or so the cycle suggests. The step progression from the daily chart: $342 &#8594; $292 &#8594; $224 points to the same zone.</p><p><strong>July 2027: $150. </strong>The Venus-Pluto helio cycle adds a longer-term projection. That&#8217;s a long road with several potential inflection points along the way, and I honestly don&#8217;t know if it plays out. The cycle has been precise enough so far to take it seriously. It can also invert.</p><blockquote><p>Each level is a potential place for the foldback to slow, pause, or reverse entirely. These patterns always stop working at some point, usually when you&#8217;re most convinced they won&#8217;t. Always watch the chart in front of you.</p></blockquote><h2>Conclusion</h2><p>A forecast drawn on December 22, 2025 has tracked TSLA lower by close to 20% in four months. The Q1 2026 earnings delivered the fundamental weight that broke the 1x1 calendar day timing line support on the daily chart and confirmed the foldback already in motion.</p><p>If support breaks the Saturn 1x2 timing line, my near-term price target is $300. By August-September 2026: $224.26, where 225 days of time meets $224 in price on the Venus-Pluto synodic cycle. By July 2027: $150, if the Venus-Pluto cycle runs its course.</p><p>This is my bias for now. (No advice.)</p><p>Remember, cycles can contract, extend, and invert. I may be wrong, of course. Anomalies can occur, fundamentals can shift, so be cautious.</p><p><em>In case you haven&#8217;t noticed, I post various charts in the Substack notes every week. You can find them all <a href="https://www.fiorente2.com/notes">here</a>. (click on the link)</em></p><p><em><strong>P.S.: Occasionally, I share new analyses exclusively for free subscribers. Subscribing gives you email updates on these posts, plus extra insights and deeper research from the time you join onward; past analyses are not included.</strong></em></p><p><em>If you liked this post from <strong><a href="https://www.fiorente2.com/">@Fiorente2&#8217;s Blog</a></strong>, why not restack and share it?</em></p><p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://www.fiorente2.com/p/squaring-price-and-time-part-2?utm_source=substack&amp;utm_medium=email&amp;utm_content=share&amp;action=share&amp;token=eyJ1c2VyX2lkIjozMjI5NDE2NywicG9zdF9pZCI6MTkzMzU1MjQ4LCJpYXQiOjE3NzU2NDY2OTIsImV4cCI6MTc3ODIzODY5MiwiaXNzIjoicHViLTQ5MzQ1NyIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ._pkf7libo9Y8CzWSJ1efBUTBwFw68l3B2pjEzIOawLc&quot;,&quot;text&quot;:&quot;Share&quot;,&quot;action&quot;:null,&quot;class&quot;:&quot;button-wrapper&quot;}" data-component-name="ButtonCreateButton"><a class="button primary button-wrapper" href="https://www.fiorente2.com/p/squaring-price-and-time-part-2?utm_source=substack&amp;utm_medium=email&amp;utm_content=share&amp;action=share&amp;token=eyJ1c2VyX2lkIjozMjI5NDE2NywicG9zdF9pZCI6MTkzMzU1MjQ4LCJpYXQiOjE3NzU2NDY2OTIsImV4cCI6MTc3ODIzODY5MiwiaXNzIjoicHViLTQ5MzQ1NyIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ._pkf7libo9Y8CzWSJ1efBUTBwFw68l3B2pjEzIOawLc"><span>Share</span></a></p><div><hr></div><p><em><strong>&#169; 2008&#8211;2026 Fiorente2.com. All Rights Reserved.</strong></em></p><p><em><strong>Disclaimer: </strong>This analysis is for informational and educational purposes only and should not be considered investment advice. <strong><a href="https://www.fiorente2.com/tos">Read our full disclaimer.</a></strong></em><br><em><strong>Disclosure:</strong></em> <em>From time to time, I may hold positions in the securities mentioned.</em></p><div class="footnote" data-component-name="FootnoteToDOM"><a id="footnote-1" href="#footnote-anchor-1" class="footnote-number" contenteditable="false" target="_self">1</a><div class="footnote-content"><p><strong>Sources:</strong></p><ul><li><p> <a href="https://ir.tesla.com/press-release/tesla-releases-first-quarter-2026-financial-results">Tesla Releases First Quarter 2026 Financial Results</a> - Tesla Investor Relations</p></li><li><p><a href="https://ir.tesla.com/press-release/tesla-first-quarter-2026-production-deliveries-and-deployments">Tesla First Quarter 2026 Production, Deliveries and Deployments</a> - Tesla Investor Relations</p></li><li><p><a href="https://ir.tesla.com/press-release/earnings-consensus-first-quarter-2026">Q1 2026 Earnings Consensus</a> - Tesla Investor Relations</p></li><li><p><a href="https://ir.tesla.com/sec-filings">Tesla SEC Filings</a> - Tesla Investor Relations</p></li><li><p><a href="https://electrek.co/2026/04/23/tesla-tsla-quietly-discloses-2-billion-ai-hardware-acquisition-10q/">Tesla quietly discloses $2 billion AI hardware acquisition</a> - Electrek</p></li></ul></div></div><div class="footnote" data-component-name="FootnoteToDOM"><a id="footnote-2" href="#footnote-anchor-2" class="footnote-number" contenteditable="false" target="_self">2</a><div class="footnote-content"><p>The Q1 2026 10-Q has not yet been officially filed on SEC EDGAR at the time of writing (typically due early May 2026). This item was reported by Electrek based on preliminary filing disclosures. Treat it as unconfirmed until the official 10-Q is available.</p><p></p></div></div>]]></content:encoded></item><item><title><![CDATA[Nike's Steep Decline Continues: Where Will It Bottom?]]></title><description><![CDATA[#298 Squaring Price and Time to forecast NKE's potential low]]></description><link>https://www.fiorente2.com/p/nikes-steep-decline-continues-where</link><guid isPermaLink="false">https://www.fiorente2.com/p/nikes-steep-decline-continues-where</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Wed, 08 Apr 2026 11:47:09 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!YVr8!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffab0ada4-a013-4881-b929-163b688200b8_1236x683.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1><strong>Introduction</strong></h1><p>Nike, Inc. (NKE) continued its steep decline amid concerns over weak US/China growth, margin pressures, and fears of a turnaround delay. Where will the stock find a bottom?</p><p>Wall Street price targets usually won&#8217;t help. As Michael Burry recently noted: &#8220;Wall Street over the last 10 years guided investors to 42% more earnings than ever actually existed.&#8221;</p><p>They also won&#8217;t tell you when the bottom has arrived, and they start buying again.</p><h1><strong>Squaring Price and Time</strong></h1><p><em>What I&#8217;ve learned is to look for a moment where Price and Time align. As W.D. Gann noted, when Price and Time are in balance, there&#8217;s a greater probability for a change in trend.</em></p><div class="callout-block" data-callout="true"><p>&#8220;This is one of the most important and valuable discoveries that I have ever made, and if you stick strictly to the rule and always watch a stock when Price is squared by Time, or when Time and Price come together, you will be able to forecast the important change in trend with greater accuracy. The squaring of Price with Time means an equal number of points up or down, balancing an equal number of time periods.&#8221; - W.D. Gann Stock Market Course.</p></div><p>Time can be expressed in equal or harmonic numbers of days, weeks, months, or planetary degrees.</p><h2><strong>Three Ways to Square Time and Price</strong></h2><p>According to Gann, there are three ways:</p><p><em>&#8220;Square the Range (points from extreme low to extreme high) with Time, then square the extreme low point with Time, and square the extreme high point with Time. When the market passes out of these squares and breaks important angles, the trend changes up or down.&#8221;</em></p><h1><strong>Squaring the High and the Low on Nike</strong></h1><p><em>Applying this to NKE: From the November 2021 top, the harmonic numbers may tell a story: the 179.10 High squares at 1791 calendar days, and the 9.56 Low balances at 956 Mars Helio degrees. </em></p><p>This gives a potential time band between September 28, 2026, and October 1st, 2026, for my preferred time target at the Saturn 1x1 or 1x2 timing line.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!YVr8!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffab0ada4-a013-4881-b929-163b688200b8_1236x683.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!YVr8!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffab0ada4-a013-4881-b929-163b688200b8_1236x683.jpeg 424w, https://substackcdn.com/image/fetch/$s_!YVr8!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffab0ada4-a013-4881-b929-163b688200b8_1236x683.jpeg 848w, https://substackcdn.com/image/fetch/$s_!YVr8!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffab0ada4-a013-4881-b929-163b688200b8_1236x683.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!YVr8!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffab0ada4-a013-4881-b929-163b688200b8_1236x683.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!YVr8!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffab0ada4-a013-4881-b929-163b688200b8_1236x683.jpeg" width="1236" height="683" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/fab0ada4-a013-4881-b929-163b688200b8_1236x683.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:683,&quot;width&quot;:1236,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:249271,&quot;alt&quot;:&quot;&quot;,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/193355248?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1865f960-06b6-45a3-a918-42e0b6c3b0e1_1236x683.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" title="" srcset="https://substackcdn.com/image/fetch/$s_!YVr8!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffab0ada4-a013-4881-b929-163b688200b8_1236x683.jpeg 424w, https://substackcdn.com/image/fetch/$s_!YVr8!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffab0ada4-a013-4881-b929-163b688200b8_1236x683.jpeg 848w, https://substackcdn.com/image/fetch/$s_!YVr8!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffab0ada4-a013-4881-b929-163b688200b8_1236x683.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!YVr8!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffab0ada4-a013-4881-b929-163b688200b8_1236x683.jpeg 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">Nike Weekly Chart: Mars-Uranus, and Mars-Jupiter Cycle</figcaption></figure></div><blockquote><p><em>Of course, this is a forecast with a 70% probability, following the Mars-Jupiter Helio 816-day cycle over the last 12 cycles, and it may come in as late as the end of January 2027. As the decline started at a Mars-Uranus opposition, also watch the Mars-Uranus conjunction in mid-August 2026 for an early price and time alignment.</em></p></blockquote><h1><strong>Conclusion</strong></h1><p>Nike&#8217;s potential decline to its 17-18 year low presents a case study in squaring Price and Time. The alignment of calendar days, planetary degrees, and Saturn timing lines suggests a window from as early as August 2026 to as late as January 2027.<em> </em></p><p>My bias is for late September to early October 2026 as the primary window for a potential trend change. </p><p>Watch for price action around the Saturn 1x1 or 1x2 timing lines during these periods.</p><p>Remember, cycles may deviate or extend, and no forecast is certain. This analysis is for educational purposes&#8212;always do your own research and manage risk accordingly.</p><p><em>In case you haven&#8217;t noticed, I post various charts in the Substack notes every week. You can find them all <a href="https://www.fiorente2.com/notes">here</a>. (click on the link)</em></p><p><em><strong>P.S.: Occasionally, I share new analyses exclusively for free subscribers. Subscribing gives you email updates on these posts, plus extra insights and deeper research from the time you join onward; past analyses are not included.</strong></em></p><p><em>If you liked this post from <strong><a href="https://www.fiorente2.com/">@Fiorente2&#8217;s Blog</a></strong>, why not restack and share it?</em></p><p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://www.fiorente2.com/p/nikes-steep-decline-continues-where?utm_source=substack&utm_medium=email&utm_content=share&action=share&quot;,&quot;text&quot;:&quot;Share&quot;,&quot;action&quot;:null,&quot;class&quot;:&quot;button-wrapper&quot;}" data-component-name="ButtonCreateButton"><a class="button primary button-wrapper" href="https://www.fiorente2.com/p/nikes-steep-decline-continues-where?utm_source=substack&utm_medium=email&utm_content=share&action=share"><span>Share</span></a></p><div><hr></div><p><em><strong>&#169; 2008&#8211;2026 Fiorente2.com. All Rights Reserved.</strong></em></p><p><em><strong>Disclaimer: </strong>This analysis is for informational and educational purposes only and should not be considered investment advice. <strong><a href="https://www.fiorente2.com/tos">Read our full disclaimer.</a></strong></em><br><em><strong>Disclosure:</strong></em> <em>From time to time, I may hold positions in the securities mentioned.<br></em></p>]]></content:encoded></item><item><title><![CDATA[The Long-Term Perspective]]></title><description><![CDATA[#277 The significance of Price and Time]]></description><link>https://www.fiorente2.com/p/the-long-term-perspective</link><guid isPermaLink="false">https://www.fiorente2.com/p/the-long-term-perspective</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Sun, 07 Sep 2025 20:45:02 GMT</pubDate><enclosure url="https://substack-post-media.s3.amazonaws.com/public/images/e11c1afa-fbb5-4516-af8f-6b2c5bf58da5_640x316.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1><strong>Introduction</strong></h1><p><em><strong>Last week, I published the long-term view of the DJIA squaring out in Price and Time from the September 1900 bear market low.</strong></em></p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!69n9!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!69n9!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 424w, https://substackcdn.com/image/fetch/$s_!69n9!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 848w, https://substackcdn.com/image/fetch/$s_!69n9!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!69n9!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!69n9!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg" width="1456" height="815" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:815,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:238641,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/172405539?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!69n9!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 424w, https://substackcdn.com/image/fetch/$s_!69n9!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 848w, https://substackcdn.com/image/fetch/$s_!69n9!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!69n9!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">DJIA - Squaring Out in Price &amp; Time</figcaption></figure></div><p><em>In <strong>Gann terminology</strong>, "squaring price and time" refers to a balanced or harmonious relationship between the price and time dimensions, often indicating significant market reversals. Price and Time are interchangeable.</em></p><p>I showed the premium subscribers last week that the S&amp;P 500 and the NYSE Composite Index are also close to import square outs in Price and Time. You can review that <a href="https://fiorente2.substack.com/p/the-significance-of-price-and-time">post here</a>. (click on the link)</p><p>George Lindsay, a legendary trader and analyst, published a treatise in the 1950s, &#8220;An Aid to Timing&#8221;, in which he showed that the long-term cycle consists of at least 2-4 sub-cycles. He used simple calendar day measurements between highs and lows that are of equal distance from a midpoint (a pause in the market), to show where the trend may change. </p><p>The 1899-1900 bear market serves as a good example, as seen below. I believe he used his astronomical knowledge to pinpoint the right moments, as illustrated in the chart below.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!GYQC!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F533a4e64-16de-4aea-9722-9c01ffb7cf85_640x316.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!GYQC!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F533a4e64-16de-4aea-9722-9c01ffb7cf85_640x316.png 424w, https://substackcdn.com/image/fetch/$s_!GYQC!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F533a4e64-16de-4aea-9722-9c01ffb7cf85_640x316.png 848w, https://substackcdn.com/image/fetch/$s_!GYQC!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F533a4e64-16de-4aea-9722-9c01ffb7cf85_640x316.png 1272w, https://substackcdn.com/image/fetch/$s_!GYQC!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F533a4e64-16de-4aea-9722-9c01ffb7cf85_640x316.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!GYQC!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F533a4e64-16de-4aea-9722-9c01ffb7cf85_640x316.png" width="640" height="316" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/533a4e64-16de-4aea-9722-9c01ffb7cf85_640x316.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:316,&quot;width&quot;:640,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:68606,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/173033737?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F533a4e64-16de-4aea-9722-9c01ffb7cf85_640x316.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!GYQC!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F533a4e64-16de-4aea-9722-9c01ffb7cf85_640x316.png 424w, https://substackcdn.com/image/fetch/$s_!GYQC!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F533a4e64-16de-4aea-9722-9c01ffb7cf85_640x316.png 848w, https://substackcdn.com/image/fetch/$s_!GYQC!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F533a4e64-16de-4aea-9722-9c01ffb7cf85_640x316.png 1272w, https://substackcdn.com/image/fetch/$s_!GYQC!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F533a4e64-16de-4aea-9722-9c01ffb7cf85_640x316.png 1456w" sizes="100vw"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">DJIA - Midpoint analysis 1899-1900</figcaption></figure></div><p>The midpoint (March 16, 1900) is not only equally distant from the September 5th, 1899 high, but also from the September 24, 1900 low in calendar days. Additionally, it aligns with astronomical cycles, such as Venus-Saturn, Saturn-Neptune, and inflection points occurring on Saturn-Pluto and Saturn-Neptune oppositions (180 degrees apart). </p><p>The midpoint and the equal distance between the high and low revealed the end of the bear market. Hereafter a 29-year bull market started. From this important low in September 1900, we have reached the recent high of around $45,631 in 45,631 days. This seems to form quite some resistance.</p><p>I do not think the September 1900 low was a midpoint in itself, on a very long cycle; however, the same midpoint technique George Lindsay showed in his work and newsletter can be used to find where the start and end of a future bull/bear market may be located.</p><p><em><strong>In this edition, I will show premium subscribers where the current bull market might likely end, using George Lindsay's mid-point cycle technique on the DJIA. This could provide you with a perspective on longer-term cycles and why the DJIA may not have reached its peak in the current bull market.</strong></em></p>
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   ]]></content:encoded></item><item><title><![CDATA[The Significance of Price and Time]]></title><description><![CDATA[#275 Latest Insights on US Indices and Key Trends in various Top 20 US Stocks]]></description><link>https://www.fiorente2.com/p/the-significance-of-price-and-time</link><guid isPermaLink="false">https://www.fiorente2.com/p/the-significance-of-price-and-time</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Sun, 31 Aug 2025 18:02:12 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!69n9!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1><strong>Introduction</strong></h1><p><em><strong>For the first time in history, the DJIA has squared out in both price and time from its bear market low of September 24th, 1900, in 45,631 calendar days at a price level of $45,631. Considering the span of 125 years, this point marks a highly significant market hotspot.</strong></em></p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!69n9!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!69n9!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 424w, https://substackcdn.com/image/fetch/$s_!69n9!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 848w, https://substackcdn.com/image/fetch/$s_!69n9!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!69n9!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!69n9!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg" width="1456" height="815" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:815,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:238641,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/172405539?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!69n9!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 424w, https://substackcdn.com/image/fetch/$s_!69n9!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 848w, https://substackcdn.com/image/fetch/$s_!69n9!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!69n9!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91d4c212-8044-44c5-846d-cd245db4112f_1607x900.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p><em>In <strong>Gann terminology</strong>, "squaring price and time" refers to a balanced or harmonious relationship between the price and time dimensions, often indicating significant market reversals. Price and Time are interchangeable.</em></p><div class="pullquote"><p><em><strong>Drawing timing lines is not an exact science, but it helps identify potential future inflection points. However, it is always necessary to confirm this with other methods, such as planetary cycles, indicators, or fundamentals.</strong></em></p></div><p>Last week, the DJIA reached the 45,631 level, which occurred two days before the expected square-out date on August 30, 2025, after 45,631 calendar days had elapsed. The square-out at 45,631 is significant because it is a prime number, emphasizing its importance on the 1x1 line, as it cannot be divided into smaller cycles that also &#8220;square&#8221; both price and time.</p><p>This does not necessarily mean that the bull market is over, as the 1x1 line continues on its path; however, this 1x1 line can represent significant resistance for some time to come. When broken, other past highs and lows may become more relevant, and we may see an even higher 1x1 timing line. On the chart above, I have included some relevant prices and future time dates, referencing past market highs and lows, as well as future dates.</p><p>The S&amp;P 500 exhibits similar square-out points in terms of time and price, and the NYSE Composite Index is close to a square-out on the 60-year Gann Master Cycle. </p><p><em><strong>While analyzing the NYSE chart using planetary cycles of Venus, Mars, Jupiter, and Saturn, we might be approaching a trend reversal, although it could still take a couple of months. So, let&#8217;s observe how this aligns with these key planetary cycles&#8230;. </strong></em></p><p><em><strong>Additionally, in this post, I have updated the 60-year Gann Master Cycle Chart for the DJIA and the S&amp;P 500, and provided an update on the top 20 US stocks.</strong></em></p>
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   ]]></content:encoded></item><item><title><![CDATA[Market Optimism Builds on Powell's suggestion of potential rate cuts]]></title><description><![CDATA[#274 Latest Insights on US Indices and Key Trends in various Top 20 US Stocks]]></description><link>https://www.fiorente2.com/p/market-optimism-builds-on-powells</link><guid isPermaLink="false">https://www.fiorente2.com/p/market-optimism-builds-on-powells</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Sun, 24 Aug 2025 10:55:51 GMT</pubDate><enclosure url="https://images.unsplash.com/photo-1633059050703-0f1b50828402?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wzMDAzMzh8MHwxfHNlYXJjaHwxOXx8ZmVkZXJhbCUyMHJlc2VydmUlMjBib2FyZCUyMGJ1aWxkaW5nfGVufDB8fHx8MTc1NjAyMzY5Mnww&amp;ixlib=rb-4.1.0&amp;q=80&amp;w=1080" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1><strong>Introduction</strong></h1><p><em><strong>Last Friday, investors reacted positively to the speech Federal Reserve Chair Jerome Powell delivered at his annual meeting regarding possible rate cuts in September 2025. In his speech, he emphasized that the decision will depend on key employment and inflation data to be released in early September. As a response, the U.S. indices Futures surged.</strong></em></p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://images.unsplash.com/photo-1633059050703-0f1b50828402?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wzMDAzMzh8MHwxfHNlYXJjaHwxOXx8ZmVkZXJhbCUyMHJlc2VydmUlMjBib2FyZCUyMGJ1aWxkaW5nfGVufDB8fHx8MTc1NjAyMzY5Mnww&amp;ixlib=rb-4.1.0&amp;q=80&amp;w=1080" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://images.unsplash.com/photo-1633059050703-0f1b50828402?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wzMDAzMzh8MHwxfHNlYXJjaHwxOXx8ZmVkZXJhbCUyMHJlc2VydmUlMjBib2FyZCUyMGJ1aWxkaW5nfGVufDB8fHx8MTc1NjAyMzY5Mnww&amp;ixlib=rb-4.1.0&amp;q=80&amp;w=1080 424w, https://images.unsplash.com/photo-1633059050703-0f1b50828402?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wzMDAzMzh8MHwxfHNlYXJjaHwxOXx8ZmVkZXJhbCUyMHJlc2VydmUlMjBib2FyZCUyMGJ1aWxkaW5nfGVufDB8fHx8MTc1NjAyMzY5Mnww&amp;ixlib=rb-4.1.0&amp;q=80&amp;w=1080 848w, https://images.unsplash.com/photo-1633059050703-0f1b50828402?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wzMDAzMzh8MHwxfHNlYXJjaHwxOXx8ZmVkZXJhbCUyMHJlc2VydmUlMjBib2FyZCUyMGJ1aWxkaW5nfGVufDB8fHx8MTc1NjAyMzY5Mnww&amp;ixlib=rb-4.1.0&amp;q=80&amp;w=1080 1272w, https://images.unsplash.com/photo-1633059050703-0f1b50828402?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wzMDAzMzh8MHwxfHNlYXJjaHwxOXx8ZmVkZXJhbCUyMHJlc2VydmUlMjBib2FyZCUyMGJ1aWxkaW5nfGVufDB8fHx8MTc1NjAyMzY5Mnww&amp;ixlib=rb-4.1.0&amp;q=80&amp;w=1080 1456w" sizes="100vw"><img src="https://images.unsplash.com/photo-1633059050703-0f1b50828402?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wzMDAzMzh8MHwxfHNlYXJjaHwxOXx8ZmVkZXJhbCUyMHJlc2VydmUlMjBib2FyZCUyMGJ1aWxkaW5nfGVufDB8fHx8MTc1NjAyMzY5Mnww&amp;ixlib=rb-4.1.0&amp;q=80&amp;w=1080" width="6000" height="4000" data-attrs="{&quot;src&quot;:&quot;https://images.unsplash.com/photo-1633059050703-0f1b50828402?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wzMDAzMzh8MHwxfHNlYXJjaHwxOXx8ZmVkZXJhbCUyMHJlc2VydmUlMjBib2FyZCUyMGJ1aWxkaW5nfGVufDB8fHx8MTc1NjAyMzY5Mnww&amp;ixlib=rb-4.1.0&amp;q=80&amp;w=1080&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:4000,&quot;width&quot;:6000,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:null,&quot;alt&quot;:&quot;a large building with columns and a flag on the corner&quot;,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="a large building with columns and a flag on the corner" title="a large building with columns and a flag on the corner" srcset="https://images.unsplash.com/photo-1633059050703-0f1b50828402?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wzMDAzMzh8MHwxfHNlYXJjaHwxOXx8ZmVkZXJhbCUyMHJlc2VydmUlMjBib2FyZCUyMGJ1aWxkaW5nfGVufDB8fHx8MTc1NjAyMzY5Mnww&amp;ixlib=rb-4.1.0&amp;q=80&amp;w=1080 424w, https://images.unsplash.com/photo-1633059050703-0f1b50828402?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wzMDAzMzh8MHwxfHNlYXJjaHwxOXx8ZmVkZXJhbCUyMHJlc2VydmUlMjBib2FyZCUyMGJ1aWxkaW5nfGVufDB8fHx8MTc1NjAyMzY5Mnww&amp;ixlib=rb-4.1.0&amp;q=80&amp;w=1080 848w, https://images.unsplash.com/photo-1633059050703-0f1b50828402?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wzMDAzMzh8MHwxfHNlYXJjaHwxOXx8ZmVkZXJhbCUyMHJlc2VydmUlMjBib2FyZCUyMGJ1aWxkaW5nfGVufDB8fHx8MTc1NjAyMzY5Mnww&amp;ixlib=rb-4.1.0&amp;q=80&amp;w=1080 1272w, https://images.unsplash.com/photo-1633059050703-0f1b50828402?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wzMDAzMzh8MHwxfHNlYXJjaHwxOXx8ZmVkZXJhbCUyMHJlc2VydmUlMjBib2FyZCUyMGJ1aWxkaW5nfGVufDB8fHx8MTc1NjAyMzY5Mnww&amp;ixlib=rb-4.1.0&amp;q=80&amp;w=1080 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">Chicago Federal Reserve Building - Photo by <a href="https://unsplash.com/@joshuaworoniecki">Joshua Woroniecki</a> on <a href="https://unsplash.com">Unsplash</a></figcaption></figure></div><p><em>Research from the National Bureau of Economic Research (NBER.org) has shown that financial markets tend to react positively to the announcement of rate cuts, especially when they are not made in response to a recession. These responses often last only a short time before the rate cut, and when the actual rate cut happens, it's usually already been factored in.</em></p><p>Following the 60-year cycle, it appeared to me that the interest rates in 1965 were on a similar level, 4%-4.5% compared with today&#8217;s interest rates. The Fed did not make a rate cut in 1965, but actually made <a href="https://fraser.stlouisfed.org/files/docs/publications/FRB/1960s/frb_121965.pdf">a rate hike in December 1965</a>. (Follow link to Federal Reserve Bulletin December 1965, on page 1669)</p><p>So, I wonder whether we will see an earlier rate cut this year in September, rather than following the 60-year cycle, and the potential phase shift we saw in the February-May period this year. This could confirm my theory that the 60-year cycle indeed made a phase shift to the left. I have updated my 60-year phase shift chart on the DJIA in today&#8217;s post.</p><p>In an earlier post this year, I showed premium subscribers that the stock market fear over President Trump's tariff announcement occurred a couple of months earlier than his predecessor did in May 1965. </p><p>Since April 7th, 2025, we have seen the 60-year cycle in a pattern similar to 1965, and if it continues, as of today, we might reach the $49,000 to $50,000 range on the DJIA by year's end or close to it. </p><p><em><strong>Further in this post, I have updated the 60-year Gann Master Cycle Chart, and last week&#8217;s dominant cycle charts on the US Indices and the US Top-20 stocks that recently experienced Key bearish or bullish reversals or hit a planetary support or resistance level.</strong></em></p><p></p>
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   ]]></content:encoded></item><item><title><![CDATA[The Mars-Pluto Cycle]]></title><description><![CDATA[#272 Latest Insights on US Indices and Key Trends in various Top 20 US Stocks]]></description><link>https://www.fiorente2.com/p/the-mars-pluto-cycle</link><guid isPermaLink="false">https://www.fiorente2.com/p/the-mars-pluto-cycle</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Sun, 17 Aug 2025 16:55:49 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!FyY4!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Facdcaf45-bab9-4b49-926a-731fb60c9c11_1386x490.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1><strong>Introduction</strong></h1><p><em><strong>The US Indices and numerous other global indices and stocks are near critical support and resistance levels. These levels coincide with planetary hotspots where support and resistance typically form. After reviewing various cycles in major US Indices and stocks, it seems that the Mars-Pluto cycle might be approaching a trend reversal. </strong></em></p><p>Have you followed the recent developments of the Ukraine war? It is clear that Mars and Pluto are involved. I do not envy President Zelenskyy going to Washington again when we are close to Mars square Pluto. Keep your fingers crossed for the outcome.</p><p><em>Moreover, looking at the S&amp;P 500 Gann Hexagon Chart, we are close to a possible sensitive degree where time and price may be aligned. In July last year, I posted the below Hexagon charts, which show the sensitive degrees highlighted in early August 2025.</em></p><p>The SPX has recently been very close to the Price and Time Square out of 6,677 by August 2025.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!FyY4!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Facdcaf45-bab9-4b49-926a-731fb60c9c11_1386x490.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!FyY4!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Facdcaf45-bab9-4b49-926a-731fb60c9c11_1386x490.jpeg 424w, https://substackcdn.com/image/fetch/$s_!FyY4!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Facdcaf45-bab9-4b49-926a-731fb60c9c11_1386x490.jpeg 848w, https://substackcdn.com/image/fetch/$s_!FyY4!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Facdcaf45-bab9-4b49-926a-731fb60c9c11_1386x490.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!FyY4!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Facdcaf45-bab9-4b49-926a-731fb60c9c11_1386x490.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!FyY4!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Facdcaf45-bab9-4b49-926a-731fb60c9c11_1386x490.jpeg" width="1386" height="490" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/acdcaf45-bab9-4b49-926a-731fb60c9c11_1386x490.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:490,&quot;width&quot;:1386,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:177241,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/171196609?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Facdcaf45-bab9-4b49-926a-731fb60c9c11_1386x490.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!FyY4!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Facdcaf45-bab9-4b49-926a-731fb60c9c11_1386x490.jpeg 424w, https://substackcdn.com/image/fetch/$s_!FyY4!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Facdcaf45-bab9-4b49-926a-731fb60c9c11_1386x490.jpeg 848w, https://substackcdn.com/image/fetch/$s_!FyY4!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Facdcaf45-bab9-4b49-926a-731fb60c9c11_1386x490.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!FyY4!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Facdcaf45-bab9-4b49-926a-731fb60c9c11_1386x490.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">S&amp;P 500 - Hexagon Chart - Low March 6 2009 (start) / Price/Time Unit =10</figcaption></figure></div><p>The Hexagon chart is effective at identifying Time and Price relationships, especially at sensitive degrees where inflection points can occur.</p><p>In W.D. Gann&#8217;s own words:</p><div class="pullquote"><p>&#8220;Numbers lying on the angles such as 7, 19, 37, 61, 91, 127, 169, 217, 271, 331, and 397 are especially important in timing because they correspond to key mathematical cycles.&#8221; W.D. Gann</p></div><p><em><strong>Of course, you could also use a Gann 1x1 Line, which draws a 45-degree line where Price and Time are in balance. As you can see in the chart below, the S&amp;P 500 is approaching that line, approximately 6,000 calendar days from the low&#8212;close to my target on the Gann Hexagon Chart.</strong></em></p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!XV_H!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F77fd291a-2e1c-4e6e-b44d-07bc8b06f298_1620x900.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!XV_H!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F77fd291a-2e1c-4e6e-b44d-07bc8b06f298_1620x900.jpeg 424w, https://substackcdn.com/image/fetch/$s_!XV_H!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F77fd291a-2e1c-4e6e-b44d-07bc8b06f298_1620x900.jpeg 848w, https://substackcdn.com/image/fetch/$s_!XV_H!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F77fd291a-2e1c-4e6e-b44d-07bc8b06f298_1620x900.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!XV_H!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F77fd291a-2e1c-4e6e-b44d-07bc8b06f298_1620x900.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!XV_H!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F77fd291a-2e1c-4e6e-b44d-07bc8b06f298_1620x900.jpeg" width="1620" height="900" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/77fd291a-2e1c-4e6e-b44d-07bc8b06f298_1620x900.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:900,&quot;width&quot;:1620,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:153322,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/171196609?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9c7cab61-5bb6-4f47-9243-abeb3d067df5_1620x932.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!XV_H!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F77fd291a-2e1c-4e6e-b44d-07bc8b06f298_1620x900.jpeg 424w, https://substackcdn.com/image/fetch/$s_!XV_H!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F77fd291a-2e1c-4e6e-b44d-07bc8b06f298_1620x900.jpeg 848w, https://substackcdn.com/image/fetch/$s_!XV_H!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F77fd291a-2e1c-4e6e-b44d-07bc8b06f298_1620x900.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!XV_H!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F77fd291a-2e1c-4e6e-b44d-07bc8b06f298_1620x900.jpeg 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">S&amp;P 500 - Time and Price Square Out</figcaption></figure></div><p>It doesn't mean we are close to the end of the long-term cycle; the Hexagon chart lasts nearly 30 years&#8212;it's part of Saturn's cycle. However, we might be approaching the next level where significant resistance could appear.</p><h3>Comparing the Hexagon with a Gann 1x1 Line</h3><ul><li><p>The Gann 1x1 line is a diagonal line, representing equal movement in price and time&#8212;a classic 45&#176; slope.</p></li><li><p>The 1x1 line acts as a single path or trend; the hexagon chart reveals multiple sensitive points and zones across many angles.</p></li><li><p>The Hexagon Chart lays numbers in rings, forming cycles and angles rather than straight lines.</p></li><li><p>The hexagon chart&#8217;s strength lies in its cyclical and geometric approach, while the 1x1 line is linear.</p></li></ul><p>The Gann Hexagon Chart offers another way to read markets beyond typical trendlines and ratios, rooting its insights in geometric and mathematical cycles.</p><p>Recently, I have been working on converting a 3-dimensional Gann Hexagon Grid into a 2-dimensional format to make it easier to print, display price and time details, and highlight sensitive degrees at each step. </p><div class="captioned-image-container"><figure><a class="image-link image2" target="_blank" href="https://substackcdn.com/image/fetch/$s_!ub6e!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd9282969-602e-4cab-b0cc-a050cbbcc82f_1338x207.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!ub6e!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd9282969-602e-4cab-b0cc-a050cbbcc82f_1338x207.jpeg 424w, https://substackcdn.com/image/fetch/$s_!ub6e!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd9282969-602e-4cab-b0cc-a050cbbcc82f_1338x207.jpeg 848w, https://substackcdn.com/image/fetch/$s_!ub6e!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd9282969-602e-4cab-b0cc-a050cbbcc82f_1338x207.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!ub6e!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd9282969-602e-4cab-b0cc-a050cbbcc82f_1338x207.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!ub6e!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd9282969-602e-4cab-b0cc-a050cbbcc82f_1338x207.jpeg" width="1338" height="207" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/d9282969-602e-4cab-b0cc-a050cbbcc82f_1338x207.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:207,&quot;width&quot;:1338,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:69751,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/171196609?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd9282969-602e-4cab-b0cc-a050cbbcc82f_1338x207.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!ub6e!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd9282969-602e-4cab-b0cc-a050cbbcc82f_1338x207.jpeg 424w, https://substackcdn.com/image/fetch/$s_!ub6e!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd9282969-602e-4cab-b0cc-a050cbbcc82f_1338x207.jpeg 848w, https://substackcdn.com/image/fetch/$s_!ub6e!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd9282969-602e-4cab-b0cc-a050cbbcc82f_1338x207.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!ub6e!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd9282969-602e-4cab-b0cc-a050cbbcc82f_1338x207.jpeg 1456w" sizes="100vw" loading="lazy"></picture><div></div></div></a><figcaption class="image-caption">Gann Hexagon Grid - S&amp;P 500</figcaption></figure></div><p><em>I will provide the premium subscribers with the Gann Hexagon Grid details for the S&amp;P 500 until the end of the year. </em></p><p><em>These dates do not guarantee that Price and Time will align on these dates, price levels, or angles. Of course, the direction of this impressive spreadsheet, which offers lots of functionality, is upward, but the market can also go downward. The next version of this tool will include a downward spiral Gann Hexagon grid as well. Stay tuned for more details below.</em></p><p><em><strong>Further in this post, I have updated some of the US Top-20 stocks that experienced Key bearish or bullish reversals in the past two weeks: AAPL, AMZN,  JPM, GOOG, GOOGL, META, MSFT, NVDA, ORCL, and XOM.</strong></em> <em><strong>Additionally, I have included an update on the Gann Master Cycle charts for the DJIA &amp; the S&amp;P 500.</strong></em></p><p></p>
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   ]]></content:encoded></item><item><title><![CDATA[US Markets Hit Key Resistance - Part II]]></title><description><![CDATA[#272 Latest Insights on US Indices and Key Trends in various Top 20 US Stocks]]></description><link>https://www.fiorente2.com/p/us-markets-hit-key-resistance-part</link><guid isPermaLink="false">https://www.fiorente2.com/p/us-markets-hit-key-resistance-part</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Sat, 09 Aug 2025 16:53:57 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!hsrg!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa51aa90c-98d2-482d-ae22-70575f69b8a0_1620x899.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1><strong>Introduction</strong></h1><p><em><strong>The US Indices and many other indices and stocks around the world are hovering around key support and resistance levels. These levels align with planetary hotspots where support and resistance often occur. Price and Time on these levels are in balance, and when the financial markets hit these levels on important planetary cycles, the markets often experience a change in trend.</strong></em></p><p>W.D. Gann was the first trader in the world to use the planetary resistance lines to detect where a change in trend may occur. He discovered that planetary time (longitude) could be translated into a price level at various harmonics. So, if Saturn is at 352 degrees, one could plot the Saturn level at $3.52/$35.2/$352/$3,520 or parts of it.</p><p>For slowly moving planets, such as Saturn to Pluto, the levels of planetary resistance often appear as horizontal lines. In contrast, for faster-moving planets like Mercury and Jupiter, these resistance levels are typically plotted across the chart and resemble to form a tunnel in the air.</p><p><em>In his work, such as The Tunnel Thru the Air, 1927, and in his Coffee-letters, he demonstrated the use of planetary lines and converting time (Longitude) to Price.</em></p><p>As illustrated in the chart below, the Heliocentric Longitude of Saturn (black) and Mars (red) at various Harmonic levels demonstrates how often a stock or index like the XLU ETF often respects these lines and bounces off to reverse trend. </p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!hsrg!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa51aa90c-98d2-482d-ae22-70575f69b8a0_1620x899.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!hsrg!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa51aa90c-98d2-482d-ae22-70575f69b8a0_1620x899.jpeg 424w, https://substackcdn.com/image/fetch/$s_!hsrg!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa51aa90c-98d2-482d-ae22-70575f69b8a0_1620x899.jpeg 848w, https://substackcdn.com/image/fetch/$s_!hsrg!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa51aa90c-98d2-482d-ae22-70575f69b8a0_1620x899.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!hsrg!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa51aa90c-98d2-482d-ae22-70575f69b8a0_1620x899.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!hsrg!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa51aa90c-98d2-482d-ae22-70575f69b8a0_1620x899.jpeg" width="1620" height="899" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/a51aa90c-98d2-482d-ae22-70575f69b8a0_1620x899.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:899,&quot;width&quot;:1620,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:295958,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/170537714?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8bc1b203-c3fb-4095-bf32-77ecc1c1a330_1620x932.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!hsrg!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa51aa90c-98d2-482d-ae22-70575f69b8a0_1620x899.jpeg 424w, https://substackcdn.com/image/fetch/$s_!hsrg!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa51aa90c-98d2-482d-ae22-70575f69b8a0_1620x899.jpeg 848w, https://substackcdn.com/image/fetch/$s_!hsrg!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa51aa90c-98d2-482d-ae22-70575f69b8a0_1620x899.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!hsrg!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa51aa90c-98d2-482d-ae22-70575f69b8a0_1620x899.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">SPDR Utilities ETF - XLU</figcaption></figure></div><p><em>On these lines, time and price are in balance.  As you can see in the past, the index can bounce off these planetary lines to move in the opposite direction, often finding support on the next level, but it can also hover around these lines for some time before a break to the upside or downside is made.</em></p><p>Therefore, bouncing off these lines or breaking through is not always certain; the trend change might continue. It's a good first step to stay alert and look for confirmation using other fundamental or technical indicators, such as a stochastic oscillator, RSI, or any other you prefer for trading.</p><p>I have plotted here the fifth Harmonic of the Mars-Pluto synodic cycle (Heliocentric) to illustrate how this cycle may be poised for a change in trend.</p><p><em><strong>Similar planetary patterns are seen on most stocks and indices. In this post, we will examine the dominant planetary cycle and Gann Planetary lines for the US Indices.      </strong></em></p><p><em><strong>I have updated some of the US Top-20 stocks that experienced Key bearish or bullish reversals in the past two weeks: AAPL, AMZN,  JPM, GOOG, GOOGL, META, MSFT, NVDA, ORCL, and XOM.</strong></em> <em><strong>Additionally, I have included an update on the Gann Master Cycle charts for the DJIA &amp; the S&amp;P 500.</strong></em></p><p></p>
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   ]]></content:encoded></item><item><title><![CDATA[US Markets Hit Key Resistance]]></title><description><![CDATA[#271 An update on the US Indices and update on key top-20 US Stocks Bearish Reversals]]></description><link>https://www.fiorente2.com/p/us-markets-hit-key-resistance</link><guid isPermaLink="false">https://www.fiorente2.com/p/us-markets-hit-key-resistance</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Sun, 03 Aug 2025 16:33:23 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!I9CM!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9024fbfc-1ad2-49f1-88aa-61819fd3b21c_1620x903.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1><strong>Introduction</strong></h1><p><em><strong>Whilst most markets world wide have been running near old time highs we may be entering a period in which a rebound or change in trend is often observed. The markets last week seem to have reacted on the various announcements on the US levies, and key reversals in various US Top 20 stocks and world wide indices came up in my scans.</strong></em></p><p>Traditional drawn trend channels over various tops or bottoms do not always indicate where trends may occur. They sometimes align with planetary hotspots where resistance or support may occur, but not always.</p><p>W.D. Gann in his work often translated planetary time (longitude) to a price equivalent to find these hotspots where Price and Time were aligned. In my scan last week most of the World Wide Indices hit planetary resistance based on these lines and equivalent price levels.</p><p><em>In his work such as a The Tunnel Thru the Air_1927 and in his Coffee-letters he demonstrated the use planetary lines and converting time (Longitude) to Price.</em></p><p>Like in the below chart the Heliocentric Longitude of Saturn at various Harmonic levels demonstrates how often a stock or index like the Nasdaq 100 often respects these lines and bounces off to reverse trend. On these lines time and price are in balance.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!I9CM!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9024fbfc-1ad2-49f1-88aa-61819fd3b21c_1620x903.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!I9CM!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9024fbfc-1ad2-49f1-88aa-61819fd3b21c_1620x903.jpeg 424w, https://substackcdn.com/image/fetch/$s_!I9CM!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9024fbfc-1ad2-49f1-88aa-61819fd3b21c_1620x903.jpeg 848w, https://substackcdn.com/image/fetch/$s_!I9CM!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9024fbfc-1ad2-49f1-88aa-61819fd3b21c_1620x903.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!I9CM!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9024fbfc-1ad2-49f1-88aa-61819fd3b21c_1620x903.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!I9CM!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9024fbfc-1ad2-49f1-88aa-61819fd3b21c_1620x903.jpeg" width="1620" height="903" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/9024fbfc-1ad2-49f1-88aa-61819fd3b21c_1620x903.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:903,&quot;width&quot;:1620,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:160022,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/170006596?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5bc27b09-26d1-4175-9a7a-cf2aff8bd7ba_1620x932.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!I9CM!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9024fbfc-1ad2-49f1-88aa-61819fd3b21c_1620x903.jpeg 424w, https://substackcdn.com/image/fetch/$s_!I9CM!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9024fbfc-1ad2-49f1-88aa-61819fd3b21c_1620x903.jpeg 848w, https://substackcdn.com/image/fetch/$s_!I9CM!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9024fbfc-1ad2-49f1-88aa-61819fd3b21c_1620x903.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!I9CM!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9024fbfc-1ad2-49f1-88aa-61819fd3b21c_1620x903.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">Nasdaq 100 Weekly Chart - Gann Planetary Lines</figcaption></figure></div><p>As you can see in the past the index can bounce off these planetary lines to move in the opposite direction, often finding support on the next level, but it can also hoover around these lines for sometime before a break to the upside or downside is made. </p><p>Hence bouncing off these lines, or breaking through is not always a guaranteed the trend change may continue. It is a good first start to be alert and seek confirmation based on other fundamental or technical criteria, like a stochastic indicator, and RSI or any other one you like trading best.</p><p><em><strong>Similar is seen on most World Wide Indices, but in this post, we will examine the Gann Planetary lines for the US Indices and some of the of the US Top-20 stocks that experienced a Key bearish reversal at the same time: AAPL, AMZN, XOM, JPM, META, MSFT, NVDA and ORCL. Additionally I will  include an update on the DJIA - Gann Master Cycle chart.</strong></em></p><p></p>
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   ]]></content:encoded></item><item><title><![CDATA[The 7-Year Cycle Itch]]></title><description><![CDATA[#270 An update on the S&P 500 and update on 5 top-20 US Stocks]]></description><link>https://www.fiorente2.com/p/the-7-year-cycle-itch</link><guid isPermaLink="false">https://www.fiorente2.com/p/the-7-year-cycle-itch</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Sun, 27 Jul 2025 15:22:43 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!ILJH!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8a046bdd-f294-49c7-a40c-2c20f2592026_1620x899.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1><strong>Introduction</strong></h1><p><em><strong>In last week&#8217;s post, you saw that 60 degrees of Saturn-Uranus coincides with market fears and significant troughs since the low in November 1987. There is a similar cycle, equally important to follow, based on the 84-year Uranus Cycle that aligns with key peaks and lows on a 7-year cycle sequence. </strong></em></p><p>The 7-year cycle is a well-known cycle that was already observed by the ancient priests and seers and documented in the Bible and Hebrew scriptures. You can easily see on the long-term charts of the DJIA that there are significant declines and bottoms approximately every 7 years.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!ILJH!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8a046bdd-f294-49c7-a40c-2c20f2592026_1620x899.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!ILJH!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8a046bdd-f294-49c7-a40c-2c20f2592026_1620x899.jpeg 424w, https://substackcdn.com/image/fetch/$s_!ILJH!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8a046bdd-f294-49c7-a40c-2c20f2592026_1620x899.jpeg 848w, https://substackcdn.com/image/fetch/$s_!ILJH!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8a046bdd-f294-49c7-a40c-2c20f2592026_1620x899.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!ILJH!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8a046bdd-f294-49c7-a40c-2c20f2592026_1620x899.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!ILJH!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8a046bdd-f294-49c7-a40c-2c20f2592026_1620x899.jpeg" width="1620" height="899" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/8a046bdd-f294-49c7-a40c-2c20f2592026_1620x899.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:899,&quot;width&quot;:1620,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:160511,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/169362058?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2f359917-5466-4d89-b417-dcc07409776d_1620x932.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!ILJH!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8a046bdd-f294-49c7-a40c-2c20f2592026_1620x899.jpeg 424w, https://substackcdn.com/image/fetch/$s_!ILJH!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8a046bdd-f294-49c7-a40c-2c20f2592026_1620x899.jpeg 848w, https://substackcdn.com/image/fetch/$s_!ILJH!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8a046bdd-f294-49c7-a40c-2c20f2592026_1620x899.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!ILJH!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8a046bdd-f294-49c7-a40c-2c20f2592026_1620x899.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">DJIA - Quarterly Log chart - 7 Year Cycle Sequence</figcaption></figure></div><p><em>Note: (1) the 7-year cycle may not always cause a devastating decline as we recently have seen in 1987, 2001-2002, 2008-2009 or 2021-2022. (2) The trendlines suggest we haven&#8217;t reached old all-time highs yet, and there is still room for more upside to come.</em></p><div class="pullquote"><p><strong>Gann noted in his work to </strong><em><strong>&#8220;watch 7-years of any important top or bottom&#8221; </strong></em><strong>and referring to </strong><em><strong>&#8220;an 84-year cycle, which is 12 times the 7-year cycle, that is very important to watch&#8221;.</strong></em><strong> (W.D. Gann, Stock Market Course)</strong></p></div><p>The 84-cycle Gann mentioned refers to the cycle of Uranus, which moves every 30 degrees or approximately 7 years to a new part of the zodiac. Similar to 7 years ago, we see that Uranus has recently moved out of Taurus into Gemini, and like then, Uranus briefly returned to Pisces in 2018 before settling into Taurus, during which the market experienced a significant move. This pattern may repeat again. </p><p>We are now at the end of a 7-year cycle in Taurus, which will finish on 26 April 2026. Uranus often shocks and causes considerable volatility in the stock market and our personal lives. It is a well-known statistical fact that many marriages do not last beyond a 7-year period (or multiples), also known as the 7-year itch. </p><p>In her <a href="https://www.jessicaadams.com/2025/07/06/blog/uranus-in-taurus-economic-shocks/">recent post</a>, Astrologer <span class="mention-wrap" data-attrs="{&quot;name&quot;:&quot;Jessica Adams&quot;,&quot;id&quot;:21156498,&quot;type&quot;:&quot;user&quot;,&quot;url&quot;:null,&quot;photo_url&quot;:&quot;https://substackcdn.com/image/fetch/$s_!zA1X!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd65e37c3-39fb-470e-bc1b-8dcd55740800_750x750.jpeg&quot;,&quot;uuid&quot;:&quot;53ad457f-9ca5-4fa5-98bd-f6d5205af0a3&quot;}" data-component-name="MentionToDOM"></span> acknowledges the importance of the upcoming period.</p><p><em><strong>Hence, it is worth looking at what happened last time when Uranus moved in/out of Taurus. This may provide a clue to how long and to what price level the current trend is likely to continue. Like W.D. Gann has taught, when Price and Time meet, the trend is likely to change. </strong></em></p><p><em><strong>In this post, we will also examine some of the top-20 stocks: Meta Platforms (META), Tesla (TSLA), Berkshire Hathaway (BRK-B), Broadcom (AVGO), and ServiceNow (NOW).</strong></em></p><p></p>
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   ]]></content:encoded></item><item><title><![CDATA[Top 5 US Stocks Approaching Cycle Highs]]></title><description><![CDATA[#269 An update on the Nasdaq and Top-5 US Stocks]]></description><link>https://www.fiorente2.com/p/top-5-us-stocks-approaching-cycle</link><guid isPermaLink="false">https://www.fiorente2.com/p/top-5-us-stocks-approaching-cycle</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Sun, 20 Jul 2025 15:57:47 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!rynl!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F83151a44-a83e-455c-8b0a-49b5f0aa98ec_1620x932.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1><strong>Introduction</strong></h1><p><em><strong>As we approach the upcoming quarterly earnings release for the top 5 US stocks that significantly influence the US indices, I am revisiting the planetary and dominant time cycles that have recently come into focus for these stocks and the US Indices.</strong></em></p><p>The top 5 US Stocks&#8217; expected earnings release can be found in the table below:</p><div class="captioned-image-container"><figure><a class="image-link image2" target="_blank" href="https://substackcdn.com/image/fetch/$s_!2Jbj!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3280757-9832-481c-8973-962561178f62_473x182.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!2Jbj!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3280757-9832-481c-8973-962561178f62_473x182.jpeg 424w, https://substackcdn.com/image/fetch/$s_!2Jbj!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3280757-9832-481c-8973-962561178f62_473x182.jpeg 848w, https://substackcdn.com/image/fetch/$s_!2Jbj!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3280757-9832-481c-8973-962561178f62_473x182.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!2Jbj!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3280757-9832-481c-8973-962561178f62_473x182.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!2Jbj!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3280757-9832-481c-8973-962561178f62_473x182.jpeg" width="473" height="182" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/c3280757-9832-481c-8973-962561178f62_473x182.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:182,&quot;width&quot;:473,&quot;resizeWidth&quot;:473,&quot;bytes&quot;:41928,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/168776774?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5b80b2ab-1e5c-4282-bcb1-34728ef672f9_473x182.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!2Jbj!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3280757-9832-481c-8973-962561178f62_473x182.jpeg 424w, https://substackcdn.com/image/fetch/$s_!2Jbj!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3280757-9832-481c-8973-962561178f62_473x182.jpeg 848w, https://substackcdn.com/image/fetch/$s_!2Jbj!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3280757-9832-481c-8973-962561178f62_473x182.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!2Jbj!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3280757-9832-481c-8973-962561178f62_473x182.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div></div></div></a><figcaption class="image-caption">Top-5 US Stock - Expected earnings release (after market)</figcaption></figure></div><p>Since the top 5 indices have the largest weightings in the Nasdaq and the S&amp;P 500 (to a lesser extent in the DJIA), the future direction of US indices could be heavily impacted by quarterly results.</p><p><em><strong>I do not expect a market shock to occur, similar to the one in March and April this year, which has been an echo of the 1987 decline, based on this 45-year Saturn-Uranus Cycle.</strong></em></p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!rynl!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F83151a44-a83e-455c-8b0a-49b5f0aa98ec_1620x932.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!rynl!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F83151a44-a83e-455c-8b0a-49b5f0aa98ec_1620x932.jpeg 424w, https://substackcdn.com/image/fetch/$s_!rynl!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F83151a44-a83e-455c-8b0a-49b5f0aa98ec_1620x932.jpeg 848w, https://substackcdn.com/image/fetch/$s_!rynl!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F83151a44-a83e-455c-8b0a-49b5f0aa98ec_1620x932.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!rynl!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F83151a44-a83e-455c-8b0a-49b5f0aa98ec_1620x932.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!rynl!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F83151a44-a83e-455c-8b0a-49b5f0aa98ec_1620x932.jpeg" width="1456" height="838" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/83151a44-a83e-455c-8b0a-49b5f0aa98ec_1620x932.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:838,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:341663,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/168776774?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F83151a44-a83e-455c-8b0a-49b5f0aa98ec_1620x932.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!rynl!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F83151a44-a83e-455c-8b0a-49b5f0aa98ec_1620x932.jpeg 424w, https://substackcdn.com/image/fetch/$s_!rynl!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F83151a44-a83e-455c-8b0a-49b5f0aa98ec_1620x932.jpeg 848w, https://substackcdn.com/image/fetch/$s_!rynl!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F83151a44-a83e-455c-8b0a-49b5f0aa98ec_1620x932.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!rynl!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F83151a44-a83e-455c-8b0a-49b5f0aa98ec_1620x932.jpeg 1456w" sizes="100vw"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">Saturn-Uranus Helio - 45 year Cycle</figcaption></figure></div><p>Markets repeat in cycles and sometimes very close to long-term planetary cycles, as you can see in the above chart. It is no wonder that since the low in April, the medium-term and longer-term planetary cycles have been driving (most of) the main US stocks and indices to new highs. </p><p><em><strong>In today&#8217;s edition of my weekly post, we will have a look at the dominant cycles for the Nasdaq 100 and the top-5 stocks: Microsoft(MSFT), Apple (AAPL), Amazon(AMZN), Nvidia(NVDA), and Alphabet (GOOG).</strong></em></p><p></p>
      <p>
          <a href="https://www.fiorente2.com/p/top-5-us-stocks-approaching-cycle">
              Read more
          </a>
      </p>
   ]]></content:encoded></item><item><title><![CDATA[MicroStrategy Inc. (MSTR) & Bitcoin update ]]></title><description><![CDATA[#258 An updated analysis of Strategy Inc (Nasdaq: MSTR) & Bitcoin Futures]]></description><link>https://www.fiorente2.com/p/microstrategy-inc-mstr-and-bitcoin</link><guid isPermaLink="false">https://www.fiorente2.com/p/microstrategy-inc-mstr-and-bitcoin</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Sat, 10 May 2025 13:30:44 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!8Ol1!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07ce2fc4-ccb4-44af-bdc0-251f04a4c3ee_6000x4350.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1>Introduction</h1><p><em><strong>MicroStrategy Inc. (MSTR) rebranded as "Strategy Inc." in February 2025. Founded in 1989 and publicly listed since June 11, 1998, the company provides solutions at the intersection of Artificial Intelligence, enterprise analytics, and Bitcoin. Its products include the Strategy Analytics platform for reports and dashboards accessible via mobile or web and the Strategy Server for analytical processing. </strong></em></p><p>The company focuses on software design, development, and sales through licensing and cloud subscriptions. It is the first Bitcoin development company committed to advancing its network through market participation and innovation. </p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!8Ol1!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07ce2fc4-ccb4-44af-bdc0-251f04a4c3ee_6000x4350.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!8Ol1!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07ce2fc4-ccb4-44af-bdc0-251f04a4c3ee_6000x4350.jpeg 424w, https://substackcdn.com/image/fetch/$s_!8Ol1!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07ce2fc4-ccb4-44af-bdc0-251f04a4c3ee_6000x4350.jpeg 848w, https://substackcdn.com/image/fetch/$s_!8Ol1!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07ce2fc4-ccb4-44af-bdc0-251f04a4c3ee_6000x4350.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!8Ol1!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07ce2fc4-ccb4-44af-bdc0-251f04a4c3ee_6000x4350.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!8Ol1!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07ce2fc4-ccb4-44af-bdc0-251f04a4c3ee_6000x4350.jpeg" width="1456" height="1056" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/07ce2fc4-ccb4-44af-bdc0-251f04a4c3ee_6000x4350.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:1056,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:1600596,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/163264678?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07ce2fc4-ccb4-44af-bdc0-251f04a4c3ee_6000x4350.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!8Ol1!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07ce2fc4-ccb4-44af-bdc0-251f04a4c3ee_6000x4350.jpeg 424w, https://substackcdn.com/image/fetch/$s_!8Ol1!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07ce2fc4-ccb4-44af-bdc0-251f04a4c3ee_6000x4350.jpeg 848w, https://substackcdn.com/image/fetch/$s_!8Ol1!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07ce2fc4-ccb4-44af-bdc0-251f04a4c3ee_6000x4350.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!8Ol1!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07ce2fc4-ccb4-44af-bdc0-251f04a4c3ee_6000x4350.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">Photo by <a href="https://unsplash.com/@joshuaworoniecki?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash">Joshua Woroniecki</a> on <a href="https://unsplash.com/photos/a-golden-bitcoin-on-a-blue-hexagonal-background-_hcBtOKOOo0?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash">Unsplash</a></figcaption></figure></div><p>Since August 2020, Strategy Inc. has used its cash flows, equity, and debt to accumulate Bitcoin as its primary treasury asset and develop AI-powered analytics software for Bitcoin applications. Strategy Inc. is likely one of the biggest public companies holding Bitcoin. </p><div class="pullquote"><p>Strategy Inc. (MSTR) shares many characteristics with meme stocks, such as volatile price movements, high-risk potential, and retail investor interest. However, it differs from typical meme stocks due to its legitimate business model, leadership, institutional interest, and correlation with Bitcoin's price movements. It's often described as a Bitcoin proxy stock or a leveraged Bitcoin play.</p></div><p>Looking back to my last review on <a href="https://www.fiorente2.com/p/microstrategy-inc-update">Strategy Inc (MSTR) </a> in February 2025, I mentioned Strategy (MSTR) could retrace back from the November 2024 high towards a price level of $240 by April 2024, coinciding with the confluence of the 2x1 and 1x2 timing lines from significant highs and lows near a price level of $240. </p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!PZ26!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F772fc011-2a41-4d90-be22-a702d6086e48_1620x907.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!PZ26!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F772fc011-2a41-4d90-be22-a702d6086e48_1620x907.jpeg 424w, https://substackcdn.com/image/fetch/$s_!PZ26!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F772fc011-2a41-4d90-be22-a702d6086e48_1620x907.jpeg 848w, https://substackcdn.com/image/fetch/$s_!PZ26!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F772fc011-2a41-4d90-be22-a702d6086e48_1620x907.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!PZ26!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F772fc011-2a41-4d90-be22-a702d6086e48_1620x907.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!PZ26!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F772fc011-2a41-4d90-be22-a702d6086e48_1620x907.jpeg" width="1456" height="815" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/772fc011-2a41-4d90-be22-a702d6086e48_1620x907.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:815,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:318907,&quot;alt&quot;:&quot;&quot;,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/158025229?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1d1ae95a-b831-478e-866d-25c0f18b5fce_1620x907.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" title="" srcset="https://substackcdn.com/image/fetch/$s_!PZ26!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F772fc011-2a41-4d90-be22-a702d6086e48_1620x907.jpeg 424w, https://substackcdn.com/image/fetch/$s_!PZ26!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F772fc011-2a41-4d90-be22-a702d6086e48_1620x907.jpeg 848w, https://substackcdn.com/image/fetch/$s_!PZ26!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F772fc011-2a41-4d90-be22-a702d6086e48_1620x907.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!PZ26!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F772fc011-2a41-4d90-be22-a702d6086e48_1620x907.jpeg 1456w" sizes="100vw"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">MicroStrategy - Forecast Feb 27, 2025</figcaption></figure></div><p>This forecast was very close as MSTR made a low around the $230 price level in April and surged to higher prices.</p><p><em><strong>Also, in early April 2025, Bitcoin found support and is currently challenging all-time highs again. Will the trend continue, and what may be potential dates in price and time when the trend could change?  </strong></em></p><p><em><strong>In this post, I have updated my Strategy Inc. (MSTR) and Bitcoin Futures analysis using planetary cycles and other indicators that may reveal potential inflection points.</strong></em></p>
      <p>
          <a href="https://www.fiorente2.com/p/microstrategy-inc-mstr-and-bitcoin">
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   ]]></content:encoded></item><item><title><![CDATA[The Semiconductor Decline]]></title><description><![CDATA[#251 Update on Semiconductor Index (SOX) and NVDA]]></description><link>https://www.fiorente2.com/p/the-semiconductor-decline</link><guid isPermaLink="false">https://www.fiorente2.com/p/the-semiconductor-decline</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Fri, 04 Apr 2025 15:54:01 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!nw6X!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff36e6343-0b17-4189-a927-c67f4189ab6b_1613x897.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1>Introduction</h1><p><em><strong>The Philadelphia Semiconductor Index (SoX) and NVIDIA Corporation (NVDA) have been retracing like a mirror image of the uptrend since the highs in 2024, as mentioned in my <a href="https://www.fiorente2.com/p/update-on-semiconductor-index-and">previous update</a> from early March. </strong></em></p><p>You can see that most of the well-known companies in the semiconductor industry are following a similar path.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!nw6X!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff36e6343-0b17-4189-a927-c67f4189ab6b_1613x897.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!nw6X!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff36e6343-0b17-4189-a927-c67f4189ab6b_1613x897.jpeg 424w, https://substackcdn.com/image/fetch/$s_!nw6X!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff36e6343-0b17-4189-a927-c67f4189ab6b_1613x897.jpeg 848w, https://substackcdn.com/image/fetch/$s_!nw6X!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff36e6343-0b17-4189-a927-c67f4189ab6b_1613x897.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!nw6X!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff36e6343-0b17-4189-a927-c67f4189ab6b_1613x897.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!nw6X!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff36e6343-0b17-4189-a927-c67f4189ab6b_1613x897.jpeg" width="1456" height="810" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/f36e6343-0b17-4189-a927-c67f4189ab6b_1613x897.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:810,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:194567,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/160487750?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff36e6343-0b17-4189-a927-c67f4189ab6b_1613x897.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!nw6X!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff36e6343-0b17-4189-a927-c67f4189ab6b_1613x897.jpeg 424w, https://substackcdn.com/image/fetch/$s_!nw6X!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff36e6343-0b17-4189-a927-c67f4189ab6b_1613x897.jpeg 848w, https://substackcdn.com/image/fetch/$s_!nw6X!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff36e6343-0b17-4189-a927-c67f4189ab6b_1613x897.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!nw6X!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff36e6343-0b17-4189-a927-c67f4189ab6b_1613x897.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">Semiconductor Industry - Relative Comparison</figcaption></figure></div><p><em>Most of the companies in the chart above are trading lower than they were 52 weeks ago, with well-known companies like AVGO, NVDA, TSM, and TXN still holding above their 52-week lows, but declining fast. We have yet to see the lows for these companies.</em></p><p>The broad semiconductor SOX index is trading within a trend channel defined by the parabolic trendlines (blue), as shown in the chart below. The parabolic trendline at the top is similar to the one that started at the March 2020 low. I plotted a mid-channel parabolic trendline in dashed blue. </p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!5yn7!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fec08f0f7-036b-4c2a-a736-ee177546a0eb_1620x907.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!5yn7!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fec08f0f7-036b-4c2a-a736-ee177546a0eb_1620x907.jpeg 424w, https://substackcdn.com/image/fetch/$s_!5yn7!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fec08f0f7-036b-4c2a-a736-ee177546a0eb_1620x907.jpeg 848w, https://substackcdn.com/image/fetch/$s_!5yn7!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fec08f0f7-036b-4c2a-a736-ee177546a0eb_1620x907.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!5yn7!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fec08f0f7-036b-4c2a-a736-ee177546a0eb_1620x907.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!5yn7!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fec08f0f7-036b-4c2a-a736-ee177546a0eb_1620x907.jpeg" width="1620" height="907" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/ec08f0f7-036b-4c2a-a736-ee177546a0eb_1620x907.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:907,&quot;width&quot;:1620,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:308334,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/160487750?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3455531f-9ff5-45ce-b9f2-17e2ad55899a_1620x907.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!5yn7!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fec08f0f7-036b-4c2a-a736-ee177546a0eb_1620x907.jpeg 424w, https://substackcdn.com/image/fetch/$s_!5yn7!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fec08f0f7-036b-4c2a-a736-ee177546a0eb_1620x907.jpeg 848w, https://substackcdn.com/image/fetch/$s_!5yn7!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fec08f0f7-036b-4c2a-a736-ee177546a0eb_1620x907.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!5yn7!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fec08f0f7-036b-4c2a-a736-ee177546a0eb_1620x907.jpeg 1456w" sizes="100vw"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">Semiconductor Index - Parabolic Trendlines</figcaption></figure></div><p><em>The parabolic trendline is based on the Price/Time formula indicated on the chart. The time is defined by the Square Root (SqRt) of the low.</em></p><p>Currently, the SOX index is trading below the support level (grey line) that corresponds to the 2022 low in both price and time and seems to be heading toward the lower parabolic trendline, measured from the March 2020 low. The measured move may indicate where price and time are likely to align in the near future.</p><p><em><strong>Will the semiconductor industry continue on its decline or are we close to relevant support levels in price and time? In this updated post, I will further explore the potential price and time forecasts for the Semiconductor SOX Index and NVDA.</strong></em></p><h6></h6>
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   ]]></content:encoded></item><item><title><![CDATA[Will TESLA Go from Hero to Zero?]]></title><description><![CDATA[#246 A fresh perspective on Tesla, Inc. (TSLA) from various angles]]></description><link>https://www.fiorente2.com/p/will-tesla-go-from-hero-to-zero</link><guid isPermaLink="false">https://www.fiorente2.com/p/will-tesla-go-from-hero-to-zero</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Sun, 09 Mar 2025 18:12:41 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!5IX8!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F461d0a35-ba6a-49ea-8588-939e7df18a65_1620x907.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1>Introduction</h1><p>Since its all-time high in December 2024, shortly after Elon Musk became involved in reorganizing the government, Tesla, his main company, has been falling from grace, or its pedestal, as they say.</p><p>According to <a href="https://www.carscoops.com/2025/03/tesla-sales-falling-off-a-cliff-globally-including-germany-australia-and-china/">Carscoops</a> and <a href="https://www.theportugalnews.com/news/2025-03-07/tesla-sales-plummet-in-portugal/96036">Portugal media</a>, recent sales figures for TSLA reveal a troubling trend:</p><ul><li><p>Germany: Down 60%, and 76% in February</p></li><li><p>Australia: Down 66% in January and February</p></li><li><p>China: Down 49% in February</p></li><li><p>Norway: Down 44% in January and February</p></li><li><p>Portugal: Down 50% in January and February</p></li></ul><p>In line with the disappointing sales, investors are selling their shares at the same rate as during the upturn, as shown in the chart below.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!5IX8!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F461d0a35-ba6a-49ea-8588-939e7df18a65_1620x907.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!5IX8!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F461d0a35-ba6a-49ea-8588-939e7df18a65_1620x907.jpeg 424w, https://substackcdn.com/image/fetch/$s_!5IX8!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F461d0a35-ba6a-49ea-8588-939e7df18a65_1620x907.jpeg 848w, https://substackcdn.com/image/fetch/$s_!5IX8!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F461d0a35-ba6a-49ea-8588-939e7df18a65_1620x907.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!5IX8!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F461d0a35-ba6a-49ea-8588-939e7df18a65_1620x907.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!5IX8!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F461d0a35-ba6a-49ea-8588-939e7df18a65_1620x907.jpeg" width="1620" height="907" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/461d0a35-ba6a-49ea-8588-939e7df18a65_1620x907.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:907,&quot;width&quot;:1620,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:108786,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/158706359?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F7707f58d-e8f1-4c57-88e9-3e9d29099f85_1620x907.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!5IX8!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F461d0a35-ba6a-49ea-8588-939e7df18a65_1620x907.jpeg 424w, https://substackcdn.com/image/fetch/$s_!5IX8!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F461d0a35-ba6a-49ea-8588-939e7df18a65_1620x907.jpeg 848w, https://substackcdn.com/image/fetch/$s_!5IX8!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F461d0a35-ba6a-49ea-8588-939e7df18a65_1620x907.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!5IX8!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F461d0a35-ba6a-49ea-8588-939e7df18a65_1620x907.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">TSLA - Falling Off the Cliff? - Foldback Scenario</figcaption></figure></div><p>TSLA is currently trading 53.77% below its all-time high and found support around a Fibonacci extension</p><p>Will TSLA fall from hero to zero in the next few years? It is possible, as there are previous examples of companies that have gone from all-time highs to extreme lows, such as US Steel and many others.</p><p><em><strong>The above foldback scenario may eventually cease to function. Let&#8217;s analyze the dominant cycles, Fibonacci ratios, and planetary support and resistance zones to understand what&#8217;s ahead in the coming weeks and months.</strong></em></p>
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   ]]></content:encoded></item><item><title><![CDATA[Update on Semiconductor Index & NVDA ]]></title><description><![CDATA[#244 Applying a Quantum Technology Concept to SoX and NVDA Analysis]]></description><link>https://www.fiorente2.com/p/update-on-semiconductor-index-and</link><guid isPermaLink="false">https://www.fiorente2.com/p/update-on-semiconductor-index-and</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Fri, 07 Mar 2025 17:43:05 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!yeYD!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48ab20ad-9f87-41df-b94e-d1355753a8dc_1620x907.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1>Introduction</h1><p><em><strong>Yesterday, I demonstrated how you could use planetary lines and price and time harmonics to forecast future resistance and support. It was an extraordinary trade on a European defense stock (Thales S.A.) that went parabolic to the price and time hotspot where I sold making a 77% ROI. You can review the note on Substack <a href="https://substack.com/@fiorente2/note/c-98407714">here</a>.</strong></em></p><p>In today&#8217;s update on the Philadelphia Semiconductor Index ( SoX) and NVIDIA Corporation (NVDA), I will use the same concept of planetary lines, price, and time harmonics to forecast a possible future path.</p><p>Planetary lines are akin to employing quantum technology in stock analysis. In his book <a href="https://www.amazon.com/Quantum-Trading-Principles-Forecast-Financial/dp/0470435127">Quantum Trading</a>, Fabio Oreste integrated W.D. Gann&#8217;s concept of planetary lines, which he referred to as Quantum Price Lines. This idea is similar to converting planetary longitude into a price scale using a conversion factor. In my honest opinion, he has put some &#8220;old wine in new bottles. </p><p>Both concepts deal with Einstein&#8217;s theory that the planets may be a cause for space-time to bend. This bending of space-time is what we perceive as gravity. As W.D. Gann mentioned in his Stock Market Course:</p><div class="pullquote"><p>There are three important factors to consider: price, time, and space movements.</p></div><p>Nevertheless, it is a good concept, as planetary or quantum price lines are useful for forecasting future support and resistance areas and identifying potential inflection points in price and time. I will use the basic idea of Gann&#8217;s Planetary Lines in the example below on the Sox and NVDA.</p><p>You can often use the longitude of Saturn, Uranus, Pluto, or Neptune to find the longer-term planetary lines that form support and resistance. While using the planets with a smaller orbit, like Venus or Mars, most of the time, you can find the trade channels up or down. </p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!yeYD!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48ab20ad-9f87-41df-b94e-d1355753a8dc_1620x907.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!yeYD!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48ab20ad-9f87-41df-b94e-d1355753a8dc_1620x907.jpeg 424w, https://substackcdn.com/image/fetch/$s_!yeYD!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48ab20ad-9f87-41df-b94e-d1355753a8dc_1620x907.jpeg 848w, https://substackcdn.com/image/fetch/$s_!yeYD!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48ab20ad-9f87-41df-b94e-d1355753a8dc_1620x907.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!yeYD!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48ab20ad-9f87-41df-b94e-d1355753a8dc_1620x907.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!yeYD!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48ab20ad-9f87-41df-b94e-d1355753a8dc_1620x907.jpeg" width="1456" height="815" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/48ab20ad-9f87-41df-b94e-d1355753a8dc_1620x907.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:815,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:778926,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/158590397?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48ab20ad-9f87-41df-b94e-d1355753a8dc_1620x907.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!yeYD!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48ab20ad-9f87-41df-b94e-d1355753a8dc_1620x907.jpeg 424w, https://substackcdn.com/image/fetch/$s_!yeYD!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48ab20ad-9f87-41df-b94e-d1355753a8dc_1620x907.jpeg 848w, https://substackcdn.com/image/fetch/$s_!yeYD!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48ab20ad-9f87-41df-b94e-d1355753a8dc_1620x907.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!yeYD!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48ab20ad-9f87-41df-b94e-d1355753a8dc_1620x907.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">PHLX Semiconductor Index</figcaption></figure></div><p>The conversion factor largely depends on the stock price. In principle, it can be any harmonic number (or inverse variation) of 360 as part of a circle (360 degrees). </p><p>In the above example, I used a conversion factor or price unit of 2 in Gann&#8217;s terminology for both the 360-degree Conjunction and 180-degree Opposition. You could start with a price unit of 0.1 or 0.01 for smaller stocks (&lt;360) to find a good fit with the longer-term or smaller planets.</p><p>Here, the planetary lines of Saturn and Mars are a good fit, with significant support and resistance lines. Any crossings over the line from below or above may bring the stock up or down to the next level. When Saturn and Mars&#8217;s lines intersect simultaneously, that may become a future inflection point for the trend to change or continue. </p><p>Note that the July 2024 high on the SoX was 90 weeks from the low of October 2022 and five times $720 or $3,600 higher from its low at around $2,200. This is a hard planetary angle (90 weeks) or planetary line to surpass (Saturn). </p><p><em><strong>In this updated post, I will further explore the SoX-Index possible forecast, incorporating price and time cycle harmonics and performing a similar analysis on NVDA.</strong></em></p><h6></h6>
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   ]]></content:encoded></item><item><title><![CDATA[MicroStrategy Inc. update ]]></title><description><![CDATA[#242 An updated analysis of MicroStrategy (Nasdaq: MSTR)]]></description><link>https://www.fiorente2.com/p/microstrategy-inc-update</link><guid isPermaLink="false">https://www.fiorente2.com/p/microstrategy-inc-update</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Thu, 27 Feb 2025 14:16:32 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!ahTa!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbdd17fbb-fa24-4ccb-8555-172f6f4853e7_1620x907.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1>Introduction</h1><p><em><strong><a href="https://www.fiorente2.com/p/microstrategy-inc-a-rising-star-in">In July 2024</a>, I conducted a comprehensive review of MicroStrategy Inc. (Nasdaq: MSTR), a company closely linked to its Bitcoin investments. For many investors, MSTR stock acts as a proxy for Bitcoin. Recently, MicroStrategy and Bitcoin reached new record highs, in November 2024 and January 2025, respectively. However, by the end of January 20th, both MicroStrategy and Bitcoin have entered a period of decline. It's time for a new update.</strong></em></p><p>In my  July 2024 forecast for MicroStrategy, I mentioned the importance of &#8220;the two-year cycle in Mars and the Mars Declination cycle (that) may signal a significant change in trend.&#8221; As you can see in the updated chart below, MicroStrategy was following this cycle almost to the day.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!ahTa!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbdd17fbb-fa24-4ccb-8555-172f6f4853e7_1620x907.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!ahTa!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbdd17fbb-fa24-4ccb-8555-172f6f4853e7_1620x907.jpeg 424w, https://substackcdn.com/image/fetch/$s_!ahTa!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbdd17fbb-fa24-4ccb-8555-172f6f4853e7_1620x907.jpeg 848w, https://substackcdn.com/image/fetch/$s_!ahTa!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbdd17fbb-fa24-4ccb-8555-172f6f4853e7_1620x907.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!ahTa!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbdd17fbb-fa24-4ccb-8555-172f6f4853e7_1620x907.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!ahTa!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbdd17fbb-fa24-4ccb-8555-172f6f4853e7_1620x907.jpeg" width="1456" height="815" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/bdd17fbb-fa24-4ccb-8555-172f6f4853e7_1620x907.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:815,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:464398,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.fiorente2.com/i/158025229?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbdd17fbb-fa24-4ccb-8555-172f6f4853e7_1620x907.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!ahTa!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbdd17fbb-fa24-4ccb-8555-172f6f4853e7_1620x907.jpeg 424w, https://substackcdn.com/image/fetch/$s_!ahTa!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbdd17fbb-fa24-4ccb-8555-172f6f4853e7_1620x907.jpeg 848w, https://substackcdn.com/image/fetch/$s_!ahTa!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbdd17fbb-fa24-4ccb-8555-172f6f4853e7_1620x907.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!ahTa!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbdd17fbb-fa24-4ccb-8555-172f6f4853e7_1620x907.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">MicroStrategy correlation with Venus &amp; Mars Declination Cycles</figcaption></figure></div><p><em>MicroStrategy's stock price appears to be returning to its main trading channel created by the 1x1 timing lines (black). However, the stock may find earlier support at the 2x1 and the mid-channel 1x1 (black dashed timing line). Continuing the downtrend below the 1x1 (black dashed) timing line could drive the stock price toward the lower 1x1 (black) timing line.</em></p><p>Last year, MicroStrategy's stock chart showed a remarkable 96% correlation with the price of Bitcoin; however, measured over the last 12 months, it has diminished to 85%. It&#8217;s crucial to understand that analogies or correlations may stop working when fundamental factors or planetary cycles change. Remember, correlation is not causation and a sound investment strategy should be based on a variety of factors.</p><p><em><strong>In this updated post, I will briefly overview MicroStrategy&#8217;s fundamentals and explore the planetary cycles of the Sun, Venus, Mars, and Uranus, along with the dominant time cycles for our premium subscribers, for an updated forecast.</strong></em></p><h6><em>Note: I updated this post after publication on 02/28/2025 with two additional analysis on planetary foldback and a price-time forecast using planetary longitude as time.</em></h6>
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   ]]></content:encoded></item><item><title><![CDATA[Has Nvidia Reverted to the Mean part-II? ]]></title><description><![CDATA[#238 A Fresh Look at NVIDIA Corporation - Short to Medium Term Trend (updated)]]></description><link>https://www.fiorente2.com/p/has-nvidia-reverted-to-the-mean-part</link><guid isPermaLink="false">https://www.fiorente2.com/p/has-nvidia-reverted-to-the-mean-part</guid><dc:creator><![CDATA[@Fiorente2]]></dc:creator><pubDate>Sun, 02 Feb 2025 12:39:13 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!jc9K!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8e77cc62-776b-484f-bac8-6fbb60ec5608_1620x907.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1><strong>Introduction</strong></h1><p><em><strong>Nvidia (NVDA) saw a significant stock drop of around 16% on January 27, 2025, losing nearly $600 billion in market value&#8212;the largest single-day loss in U.S. stock history. This decline stemmed from concerns about a language model from Chinese startup DeepSeek, which claimed to require less computing power than U.S. models. The news raised doubts about the returns on heavy investments in AI. Other chipmakers like Broadcom and Micron suffered losses, and the Nasdaq and S&amp;P 500 fell. Is the boom in NVDA&#8217;s stock over, or did NVDA revert to the mean?</strong></em></p><p>Let&#8217;s have a look at the longer-term trend using a weekly chart.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!jc9K!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8e77cc62-776b-484f-bac8-6fbb60ec5608_1620x907.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!jc9K!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8e77cc62-776b-484f-bac8-6fbb60ec5608_1620x907.jpeg 424w, https://substackcdn.com/image/fetch/$s_!jc9K!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8e77cc62-776b-484f-bac8-6fbb60ec5608_1620x907.jpeg 848w, https://substackcdn.com/image/fetch/$s_!jc9K!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8e77cc62-776b-484f-bac8-6fbb60ec5608_1620x907.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!jc9K!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8e77cc62-776b-484f-bac8-6fbb60ec5608_1620x907.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!jc9K!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8e77cc62-776b-484f-bac8-6fbb60ec5608_1620x907.jpeg" width="1456" height="815" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/8e77cc62-776b-484f-bac8-6fbb60ec5608_1620x907.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:815,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:418607,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!jc9K!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8e77cc62-776b-484f-bac8-6fbb60ec5608_1620x907.jpeg 424w, https://substackcdn.com/image/fetch/$s_!jc9K!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8e77cc62-776b-484f-bac8-6fbb60ec5608_1620x907.jpeg 848w, https://substackcdn.com/image/fetch/$s_!jc9K!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8e77cc62-776b-484f-bac8-6fbb60ec5608_1620x907.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!jc9K!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8e77cc62-776b-484f-bac8-6fbb60ec5608_1620x907.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">$NVDA - Weekly Chart</figcaption></figure></div><p><em>As shown in the chart above, the price level of $116 for NVDA fell precisely 1162 days after the November 22, 2021, high, measured from the zero point beneath that high on this 1x1 timing line. This is at a $0.1 calendar day vibration rate. Note: 1162*$0.1 =116.2(calendar days). </em></p><p><strong>&#128073; Today&#8217;s takeaway(01/28/2025) : Price and time are interchangeable, and NVDA might have discovered support that aligns with natural laws. However, this doesn't mean NVDA cannot decline further below this 1x1 line, so let&#8217;s explore possible scenarios for how this might progress.</strong></p><p><strong>&#128073;</strong><em>01/31/2025 I updated the earlier version with an additional analysis on the dominant time and planetary cycles</em></p>
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