MrRenev

Broad market TA. 15 May 2019.

SP:SPX   S&P 500 Index
- Pyramid scheme -

Donald Trump has tweeted. The price is going up. Might see a reversal of the downtrend

At least go down a little more. I would buy.

2600-2750 might be a good buy, join the trend start of an artificial bull market.

- Insider trading -

I am waiting with USDJPY, wanting to SHORT IT TO THE GROUND!

GBPUSD still watching, I want to SHORT IT TO THE GROUND.

AUDUSD still going down. I would wait for the pullback and then I would ... ahem... clears throat SHORT IT TO THE GROUND.

USDCHF false breakout. Let it pullback and then SHORT IT TO THE GROUND.

USDMXN let it recover and then SHORT IT TO THE GROUND.

Can you guess what I want to do with EURJPY?

- Hysterical markets -

Gold

Oil: I see no more buy. If it retraces more it is not trending but consolidating would wait. If it goes up, SHORT IT TO THE GROUND.

Soybean futures: I got SHORTED TO THE GROUND. Entered too early. Now I wait on the sidelines.

- Ponzi -

Bitcoin I am waiting for signs that the correction is over and then I will SHORT IT TO THE GROUND. (And after it pulled back buy).

AltCoin market, did not get filled, the prices did not go into my buy area. Only 1 thing left to do... Buy a pullback, or SHORT IT TO THE GROUND.

Alot of bottom chasers in crypto that never sell so it does not retrace as much on wave 1 I believe. Yup, that's exactly how you make money, well done.

- Insider trading part 2 -

GBPJPY = same as GBPUSD

CHFJPY no touchy

CADJPY I believe we should SHORT IT TO THE GROUND

EURAUD uptrend. BUY. What more do you want? Waiting for a good pullback as might be happening now.

GBPCAD SHORT IT TO THE GROUND.

NZDUSD SHORT IT TO THE GROUND.

GBPNZD weird choppy uptrend, weird pullback, no touchy.

AUDJPY - sigh - SHORT IT TO THE GROUND. Giga bearish. Probably won't pullback just fall like a rock.

GBPCHF SHORT IT TO THE GROUND on a pullback, at support might bottom, but not without making another touch down first. Very bearish.

EURCHF what does this remind you off? Gee easiest buy in my life.

EURSEK I believe we can change the world. YES! And right now, I believe, that in this room, we have the seed, that’s gonna germinate, and that is going to EXPLODE, into an AMMMAZING opportunity for us to change this entire world. Would never short. Only buy. To the moon. Can still be false breakout but even if it is, still bounces on the way down I think.

AUDCAD you know the drill

USDCNH wish I got filled at the bottom... A little overextended aren't we? Looking for a chance to SHORT IT TO THE GROUND.


- To sum up -

Indices ==> Pyramid scheme might uptrend but holding short till 7600-7750 if possible. Looking to buy in that area too.

Forex ==> Simple. By the amount of short it to the ground we can see that currencies are increasingly bullish the lower their order of precedence is. Yen? Lowest order in pair naming, most bullish currency. USD is second I think. AUD is most bearish. AUDJPY probably goes to zero soon. Not going to list all the pairs to look at, there are many but alot of it is redundant.
Forex and Crypto alt markets are moving. Main markets (Bitcoin/Majors) not as much.

Commodities ==> Oil probably off my watchlist for a while. Just waiting for gold or copper, looking from time to time.

Ponzi ==> Extended and going to blow up as usual. Short 8800-9200 ideally, if momentum weakened which it probably will be. Look at 20k 12k 10k top. Buy a pullback, very probably bounce, either DCB or new leg up. Either case we win by managing the trade correctly.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.