jpreal1

jpreal1 Updated 

Greetings Investors, BTC has no doubt gone parabolic like it did during its last run up 2017. A couple of differences in price tops and time length is being shown however. However, I believe that we are at a crossroads here. Which way will BTC break? In one point, due to the parabolic move resembling almost exactly what happened in 2017, which would induced a...

jpreal1

Investors, We will experience a slight correction up to 10%. This has started already due to Biden raising taxes next year as he has promised. Investors will save 8% by selling now. Market has run ahead of itself about 15% atm, so we are overvalued a good amount - adding more fuel to the sell-off. When the RSI hits 40 buy back in. Due to the light at the end...

jpreal1

Greetings Investors: Its time for another analysis by JP. My last chart indicated a complete Bull Run to the 3500 mark. This has completed as scheduled, but some things have changed since then and new data is emerging. I believe due to several Gap Ups we will see a sell-off in the very near future - days, not weeks. There are 2 levels of resistance that I...

jpreal1

The Sell-off is here traders. Since history is important, it should be understood that every election year from 1917 to current, there was a sell-off starting 6 weeks before Nov 3. We are currently beginning this cycle. On the chart I have pointed out several Resistance levels as well as the Fib Retracement lines. I believe our first stop to be low 3200ish....

jpreal1

Greetings Traders & Investors: Its been a little while since my last post, so I thought I would drop my 2 cents in this weekend. The Market has been in choppy waters for the last month or so and we are slowly climbing up and will reach the peak by end of August. The last Stimulus bill is due to come out in August sometime as well, which will give us enough gas...

jpreal1 Updated 

Greetings Traders & Investors: Its been a little while since my last post and I hope you are doing well. I've been busy working on getting my office back open the last few weeks so I've been out of pocket, but I thought I would chime in on the current state of the economy and market action. It seems like the Bull is quite strong going into this recession and has...

jpreal1

The 2020 Pandemic Crash was like a typhoon that whisked across the world, shutting down countries and wrecking economies. Thinking about it more, I wanted to understand if there was a time in history that I could possibly relate what's happening today more closely - rather than a past Recession or Depression. So, I went back to the 1987 Crash aka Black Monday...

jpreal1 Updated 

Traders: We are at the last call and at the height of the Bear Market Rally. Below are some Key points for each case scenario, Bulls & Bears! Bears: - 40MM people Unemployed / 25% UE - Recession Confirmed. Minimum of 2 Quarters of Negative Growth. - 100k+ Dead from Covid-19 and still growing! - Average Bear Market Rally lasts 68 days. We are currently at 62...

jpreal1

Good Morning Investors: It looks like the downtrend has started and I wanted to share my ideas on support/resistance levels on the way down. From the chart, I have identified 3 key resistance levels that have shown support previously. -2730 (some resistance) -2640 (stronger resistance) -2200 (strongest resistance) I believe we will test each level of support...

jpreal1

An Economic Depression is defined by a Recession lasting more than 2 years. I believe we are heading into a Depression this year, consisting of a stronger recessionary period than that of 2008-09, but less painful than that of the Great Depression of 1929 - rationale below: Just as the Great Depression, we are closing out the Long-term Debt Cycle, which ends...

jpreal1

2021 BTC Bull Run: I believe we will have our next EXPLOSIVE BTC Bull Rally beginning in Feb 2021. As you can see from the wedge, it narrows down to the $6k Support level. I will be acquiring all the BTC & ETH below this price point, moving forward. There are a few good things in play here that leads me to believe why we are going to have a bull run in 2021. 1)...

jpreal1

Greetings Traders: The next 2 weeks will be a pivotal time-frame for the market. I believe we have finally entered into the downtrend phase. As you can see from my chart, Volume has steadily decreased for the past 6 weeks while the price of equities has been moving up - this is a Bearish Trend. The KEY .618 FIB Retracement level (2935) and 200 MA (2985) is...

jpreal1 Updated 

The stock market typically continues to decline sharply for several months during a recession. It historically bottoms out anywhere from 6-12 months after the START of a recession and usually starts to rally before the economy picks back up. The market has not priced in any upcoming recession and then bounced back from it in 1-month - that's just ludicrous! ...

jpreal1 Updated 

This chart is very straight to the point and simple. The key FIB resistance level of 61.8 is in play. We will see strong resistance & selling pressure @ S&P 2935. I suspect by May 1, 2020 we will start to see a downtrend in the markets. JP - OUT

jpreal1 Updated 

After shorting USO, I have now turned my sentiment around and am LONG on this ETF. Let me explain as I'm sure many people here would question my position. 1) The bottom I believe has been reached as we are seeing strong support in the $2.40-$2.50s range. On Friday 24th, I saw extremely large blocks of USO being acquired - these were Hedge Funds buying. 2) The...

jpreal1

The destruction of money and global economy has been extremely violent due to the Pandemic and Economic Shutdown. People ask me when the Sucker's Rally will end and when its a good time to go short/long everyday. They also ask me, how much the FED is going to pump. Here is my response to these 2 questions and where I think the bottom will be. First, the US and...

jpreal1

We are getting very close to the 61.8 retracement level. This is the time to go short/puts, or if you are a V-Recovery type of trader, then buy more. I think this key Fib-level is coming in right on time for earnings season. I think we are going to see a reversal of the current trend as early as 4/15/2020. This of course, will take some time to see new lows, as...

jpreal1

It looks like we have reached the top for the market. I believe we are not going to go higher from here - unless some good news is released. The FED pumping has finally reached some serious selling pressure and the full gravity of the virus, oil, and economic shutdown is starting to take hold. I look for more downside and have opened up my final short position...