Category Archives for Jeff Cooper
Why SPX 3980 Matters Right Now
“There is a definite relation between price and time. When time and price square-out expect a change in trend.” -W.D. Gann There always seems to be something new on the horizon in trading that captivates market operators in their quest for the Holy Grail. People think the magic always changes. In the end it, always […]
Continue Reading -->Is the Market Really Turning?
“The early dip buyers are the key to the action today. If they fizzle out and we get some lower lows below the 50 hour moving average, then the bears will grab the ball and get aggressive. C wave support potential is near the 4077 “square” (from the Square of 9 Wheel). Follow thru below […]
Continue Reading -->How We Won Big with ROKU
Yesterday, Hit and Run took ROKU long on a swing at around 63. This was right into earnings. Now the stock is at $69+. Here’s the alert I sent out: A daily ROKU below shows my reasoning. ROKU triggered a Rule of 4 Buy (a breakout over triple tops) when it gaped over the horizontal […]
Continue Reading -->How to Trade Tesla With the Square of 9
TSLA bottomed at 101.80 on January 6. This was a Time/Price square-out because 101.80 is opposite November 4 (2021), the date of its all-time high. Red is November 4. Blue is 212. TSLA is up over 100% in its 7th week of advance since the January 6 low. TSLA is up pre-market again today, trading at 214. […]
Continue Reading -->Is the Major Turning Point Here?
January 2023 CPI data will be released on Tuesday at 8:30 A.M. ET. For several weeks Hit and Run has been mapping this week as a major turning point. 1) On my Square of 9 Time/Price Calculator ,the number 482 (for SPX 4818 all-time high) squares out with February 13. Mumbo jumbo? Well the proof is in […]
Continue Reading -->The Beauty of Technical Analysis
The daily SPX below shows a CLOSE ONLY trend line connecting the June and October lows. It hits 4 separate points making it a very valid trend line. I then extended a parallel line from the August closing high, the cycle high between the low. On Thursday, February 2nd, the SPX closed on the upper […]
Continue Reading -->Why Early To Mid-February Is A Key Turning Point
The January 21st Hit and Run Report stated: “On Thursday the SPX closed meaningfully over the key 4013 region which is 360 degrees up from the December low. Another 90 degrees higher is 4077. Above that opens the door to 4141 which is 540 degrees or a “cube” a true square, up from the December low. We are […]
Continue Reading -->Buying Panic, Exhaustion or More To Go?
“When you appear to be right, you should always follow up. When a boxer in the ring finally has an opening and lands a powerful punch, he must always follow up his advantage…if he wants to win.” William ’Neil Retail trading as a % of the total just surpassed its early 2021q meme stock peak. […]
Continue Reading -->Bullish Or Bearish? Mr. Market’s Ready To Tip His Hand. What You Need To Know
“The soul never thinks without an image.” Aristotle “In the long run there’s no luck in poker, but the short run is longer than most people know.” Rick Bennet “That’s how it goes, everybody knows.” Everybody Knows, Leonard Cohen Everybody knows it’s a primary bear market. The trouble is that what everybody knows on Wall […]
Continue Reading -->TSLA’s Time/Price Square-Out
TSLA’s Time/Price Square-Out In early January 2023 Hit and Run indicated a possible low in TSLA near 102. This is because 101.80 is 180 degrees straight across and opposite November 4th. TSLA struck an all-time high on November 4th, 2021. TSLA struck a low of 101.80 on January 6th, 2023, and reversed leaving a Gilligan buy signal. […]
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