Hi YXI friends,
Please review today’s chart analysis of IREN, ASTS, ONDS, XRP, and TSLA.
It has been a while since our last update. I hope everyone had a great winter break. I have been incredibly busy building new analytical tools for YX Insights. Now we are back to action!
You can unlock our ML model signals, quantitative, macro, technical, and fundamentals analysis across SPY, QQQ, TLT, Crypto, and Megacap Stocks in YXI Premium.
DISCLAIMER: This newsletter is intended for educational purposes only. Any information or analysis in this note does not constitute an offer to sell or a solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice, nor should it be relied upon to make investment decisions. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice.
Table of Contents
1) S&P 500 (SPY ETF)
SPY has enjoyed an unusually low-volatility ride from the April 2025 bottom to this week’s new high.
A lot of side money was scared for most of 2025, but risk appetite is definitely turning up again as the Treasury General Account drains its cash balance.
I expect the market to push towards $720 (S&P 500 at 7200) before a major correction.
2) IREN
IREN could have completed the wave 4 pullback just under the 0.236 retrace of wave 3, during which the stock fell by more than half.
If Wave 5 has started, with a positive indication above the 50-day MA (in blue), IREN can target $108-$148. While this is more than double the current price, IREN is a very volatile, momentum-driven name.
3) ASTS
While momentum seems to have stalled, ASTS remains favourable to move past the all-time high again. Wave iii could complete above $125.
4) Advanced Analytical Tools for Staying Ahead of the Market (Promoted)
🤖 YX Insights on Stan Store
I have developed a suite of advanced market insights, machine-learning signals, and TrendSpider indicators that keep me ahead of the fast-moving markets across equities, bonds, crypto, and commodities.
These tools help me understand the market regime every day and take on risks with peace of mind - a big challenge, I know!
💧 Liquidity and Market Analytics
I have also been using advanced crypto analytics for crypto (including alts) on RJ Alpha Dashboard. I am their first official business partner.
5) TSLA
TSLA appears to be in a fairly neutral zone. It is consolidating around the 50-day MA after a two-week decline, with a very dense volume profile. As it holds above the November high (highlighted by the red box), the overall trajectory remains favourable towards the $540 target next.
However, I would employ a tight stop below the red zone because the risk of topping has certainly risen in recent weeks.
6) ONDS
ONDS appears to be moving in wave 5 of (3). Wave 5 could reach a target of $17-23. There is little resistance between the current price point and the target zone.
7) XRP
The crypto market is taking two steps forward and one step back, slowly turning Risk On. But the sleepy, disbelieving period is exactly what precedes a major rally.
My read is that XRP has bottomed alongside the major cryptocurrencies. Wave circle 5 could challenge the $5 handle.
Help Us Spread The Word
Unlock Priority Chart Requests and YX Insights Premium Access by spreading the word!