My original post was posted under $spy please review for additional Analysis. Why are so many people in denial about another Bull Run, or a Bull Flag in $spy . The 3 of the Top 6 holdings that I charted today $AAPL Bull Flag, $msft is in a 16 year Cup & Handle w/ support at the 23.6% fib, it to has several bull flags if you chart the monthly.
If you notice $GLD is what gave $spy its double bottom
The only reason why $gld hasn't formed a H&S yet was because the $dxy declined last December, however that has changed. $dxy is now in the 5th wave, and the 4HR time frame has a huge spike alert, the MACD is curling
A lot, I mean a lot of experts on here are short Oil. Why i'm actually very very very bullish on oil for several reasons. 1)
$jdst (Bear Jr. Miner ETF 3x) broke out of a descending triangle w/ volumes not seen for sometime. 2) the $uup is also breaking out, chart it. 3) $tmv, is also in a descending triangle w/ a confirm buy signal ( why would a 3x leverage treasury etf have a confirm buy on a major time frame. 4) $XOM formed a double bottom. This bull run is going to epic, I might even become rich finally, like filthy rich lol.
I welcome feed back criticism. but please please if your shorting oil, market, or long gold look at $spy top 3 holdings accounting for 7% are at critical levels/breakout levels imo. OH 5) $amzn lol already hit all time high this year. $6) Have you seen Biotech look at $labu what else is there for me to say. short Gold, Short Bonds, and long $spy and its top holdings, and biotech... Zika Virus senate just authorize over 1.1 billion to fight the disease, USA got plenty of money Helicopter money.. If we need money we just invade other countries no pun intended, or just print it..
If you notice $GLD is what gave $spy its double bottom
The only reason why $gld hasn't formed a H&S yet was because the $dxy declined last December, however that has changed. $dxy is now in the 5th wave, and the 4HR time frame has a huge spike alert, the MACD is curling
A lot, I mean a lot of experts on here are short Oil. Why i'm actually very very very bullish on oil for several reasons. 1)
$jdst (Bear Jr. Miner ETF 3x) broke out of a descending triangle w/ volumes not seen for sometime. 2) the $uup is also breaking out, chart it. 3) $tmv, is also in a descending triangle w/ a confirm buy signal ( why would a 3x leverage treasury etf have a confirm buy on a major time frame. 4) $XOM formed a double bottom. This bull run is going to epic, I might even become rich finally, like filthy rich lol.
I welcome feed back criticism. but please please if your shorting oil, market, or long gold look at $spy top 3 holdings accounting for 7% are at critical levels/breakout levels imo. OH 5) $amzn lol already hit all time high this year. $6) Have you seen Biotech look at $labu what else is there for me to say. short Gold, Short Bonds, and long $spy and its top holdings, and biotech... Zika Virus senate just authorize over 1.1 billion to fight the disease, USA got plenty of money Helicopter money.. If we need money we just invade other countries no pun intended, or just print it..
