Happy New Year everyone! This short video explains the technical view for TSLA as we start 2024. From a technical standpoint alone, its difficult to be wildly bullish or bearish right now. There may be other fundamental or macro reasons to take a more bullish or bearish view in the intermediate to long term. In short, neutral to slightly bullish makes sense over...
I have been trading the E-mini S&P 500 since 1998 so I have traded through several Bear Markets and there is a theme to them and how they end. In this video I go over the bear markets in the Dot Com Bubble and the Global Financial Crisis and compare them to this recent Bear Market. I share how I use a weekly chart with a 52 week moving average and an RSI to...
made a vid for a friend, thought I'd make public to get feedback (on the analysis, the vid's my first so take it easy! :) both amazon and the market as a whole are due for a leg lower but one that could occur in a stand-out fashion, befitting the historic significance of this moment from multiple perspectives.
After that steep selloff we had in Bitcoin down to around 25k I anchored a VWAP to that day to see if we could hold above it to gauge the strength of the market coming off that low. I also kept up a simple 10 day moving average to gauge the trend of the market. The entire rally off the low we held below the 10 day moving average and as of today we failed to hold...
I see a lot of talk on whether the S&P is in a bull or bear market and IMHO, neither the bulls or the bears have control right now. I think this is a 2-way tape frustrating a lot of bulls and bears. In this video I share my simple process for assessing how we are in a 2-way market, not a bull or bear market and how I am using Anchored VWAP's to keep me out of...