Bullish Percent indexes track the number of member securities on Point & Figure buy signals as a percentage of the index. December has seen a very quick drop for the NASD100 #NDX from 74% to 36%.
With only 100 stks it's very fast moving but levels near 30% don't tend to last very long.

LULU Price filled in 350 this morning. A print at initial target of 370 will extend the structure of the breakout and add in add'l targets of 390/460. Earnings are after today's close.

Here's what the bar chart looks like.

@davebudge.bsky.social

More Block Inc, this time the bar chart capturing move from 2021. Multiple higher lows after channel break, and now extending into range highs.

Drew up the Block chart two days ago to highlight this seeming accumulation pattern following the large markdown from 2021/22. Big picture there's ridonk upside targets of 246/264 which would see multiple wider breakouts on the way. SQ

Lululemon reports tomorrow PM and appears to be breaking above the prior six month range. Rel strength has firmed up altho not on a buy signal yet. Targets above at 370/440.

RIP Art Cashin. His appearances on CNBC were must watch and pretty much the only time I unmuted the TV in my office.

I'm now getting followed by clone accounts of well known fintwitters I've followed recently.

Elon's probably behind it idk lol.

XLE Twice in the last 15 months Energy has had large positive relative strength moves vs SPX but both times had the rug pulled and continued the RS downtrend. It's on the verge of a new RS b/o vs the mkt again. Structure is pointing to several active targets above current price.

Seems like #NVDA is top of mind today so here's a view of active upside prices of 152 and 176 targeted by the structure developed across July -Oct.