The vertical lines match $SPX lows with times when only 15-20% of stocks traded over their 200ma. The light blue line is a 10-week moving average and you can see that once it turns up it keeps rising (2008-09 was an exception). According to this broad market indicator, stocks have been performing better since early July. This is a big picture view, not to be...
Indicators - • CM_Ultimate RSI Multi Timeframe • CM_Stochastic Multi Timeframe • CM_Stochastic Highlight Bars Ticker - QUANDL:MULTPL/SHILLER_PE_RATIO_MONTH – Now I cannot seem to find the ticker through the search of Trading view. However, I found this by clicking on a post made about this ticker, opening the full chart, and adding it to your watchlist. (If any...
The NDTH is a chart of the percentage of Nasdaq 100 stocks that are above their 200-day moving average. This chart, although looks like driven by fundamentals - has created perfect tops and bottoms to be able to chart it. We have re-touched the bottom on the midterm and value is still withing this descending channel - but all looks like in favor of some relief by...
If the 1 day 50ma (in orange) is flipped to solidified resistance the h&s will be validated and the price will fall to the red target I posted here…it will likely also retest the 200ma not long after that.
Just a simple look at the market repeating. In the Photo I have the TVC:SPX from 2008. In that example we have the market retesting the 200MA before we saw the major selling. From the High in Oct 2007 until that retest was 221 Days and if we look at where we are today we are sitting at 224 Days and we have just hit the trendline from the top. Can we go...
Plenty of experts on Twitter were calling for a top in SPX today as it rallied up to the daily 200ma. On SPY there was a market dump that can be seen on the 5-min chart today (after 2pm). However there are two points of caution for immediately jumping into swing puts: 1 - price has yet to touch the light blue downtrend line, which would be around 4335-4340 2 - RSI...
Market starting to show signs of a final melt up ? Just offering this bull case, of course we could certainly see 120 before 280, but 200 weekly MA has offered support in the past followed by strong moves up, less 2008 financial crisis and 2020 covid crash. So I guess real question for the bear case would be - what is the black swan event ? Because for certain...
Quick BTC/USD 1 week chart update: BTC is in a massive Rising Wedge Pattern. BTC is also in a massive Falling Wedge Pattern. At the moment of typing this, BTC is still back above its 200MA on this 1 week timeframe. At the moment of typing this, BTC is still way below its 50MA on this 1 week timeframe. At the moment of typing this, BTC is still way below its...
Interesting scenario on DECK; bullish bounce over 200MA with positive divergence and strong increased volume that led to an inverted head and shoulders, signaling a bottoming pattern has developed over weekly time frame, now projection offer a 2R/R longs
This indicator anticipated the fall of the SPX well in advance, according to the yellow line on April 12, 2021. Showing a clear divergence. As SPX went up, the indicator went down. Only on January 10, 2022 was there a trend reversal in SPX, going down. Now the indicator appears to be anticipating a rally.
See Picture for top down analysis. Let me know your thoughts.
SPY's levels and moving averages. I see a run up to the 200ma then a drawdown (should markets continue to worry & headines read recession/inflation/crisis/war)
On the daily chart we have an impulse Elliott Wave that has been completed and because of that, I expect an ABC retracement to the upside! A very strong resistance is at 1.13 - 1.00 USDT, we have a great confluence in this zone as you can see on the chart. Confluence: start of the gap + end of the wave 1 + end of the second wave 1 + 0.618 FIB retracement + 200...
I am using the 4 hourly charts for this work. I know this may be premature because we could still see some more downside in both equity and crypto markets but look at the breakout from both the 210 MA and the 200 EMA. This is looking very bullish for Kin as far as a breakout is concerned. Look at previous attempts that failed but not this time. Clearly Kin is...
After the quad bounce off of the 0.786 resistance line yesterday (Larger Circle), the $QNT market headed towards a retest of the 200 MA (Smaller Circle). It was beautifully executed, both the 200 MA and the ichimoku cloud were touched, retested and successfully held their ground. The $QNT market is on its way up again following the uptrend line I had drawn a few...
Nearing the D 200MA. It needs to break through and hold and I'm going to be adding to my positions. It got close 4 times in past couple of weeks.
In the past the 200MA has provided excellent entries for getting into BTC however will that be the case this time? Only time will really tell. A few observations are - BTC can spend a long time in this region before it takes off, ie 10 weeks in 2019. Quickest has been the V shape recovery for the Cov crash in 2020 with 2weeks. ...
Food For Thought: $Bitcoin 200-Week MA The 200-Week MA is a topic that has been circulating in CT, and I will give you my thoughts on it and what this could mean for $BTC. With the current levels, I have marked in my chart that $7,726 - $7,176 is the level you have to stay above for the monthly time frame. The box is your line in the sand for any future to be...