0:00 DXY
9:41 VIX
13:35 BTCUSD
14:35 SPY
14:50 NASDAQ
16:15 DJI
16:57 APPL
17:50 AMZN
18:23 MARA
18:57 PHUN
19:30 NVDA
I might do another Video based on some other stocks, because we are finally moving in a direction and more action should come shortly.
14:45 Quick Summary of the Video.
I'm too lazy to put timestamps for this video, BUT I will put a timestamp for the final thoughts. That last minute or two sums up what I think is best and what I have seen these past two days since the last stream/video-idea.
APPLE is at a trend line resistance level very import from 144-150
IF apple reaches this level this means it has broken a strong trend line and can continue to push for Bull run
If it cant cross the 144-150 resistance then I'm afraid it will also continue to do a bearish reversal as per FIB level strong resistance as well
Still waiting on DXY to hit 98.3-100 to consider being bearish from a technical perspective.
0:00 BTCUSD
1:06 Quick look at DXY
2:10 BTCUSD
3:14 DXY
6:15 NASDAQ
8:05 USDWTI
9:45 DXY and VIX
12:30 APPL
13:50 HSI
15:10 GOLD
18:25 MARA
19:15 DKNG, GME & PYPL
Going short on Apple here. By far the most overvalued company in the stock market right now, with a 2T market cap.
Below I will mention multiple indicators suggesting Apple will go through a big correction in the upcoming months:
1) Apple's P/E ratio is 22.57 (Stock is approximately priced in 22x it's actual worth)
2) Chart looks very bearish, with the...
As we see here that APPL is in a downward trend. But we are at the top getting ready to test the next resistance zone at around 129.47
If we break this LVL our next target will be around 135.93 up to 138.11 .
-Next lvl to watch would be the 143-146 LVL.
Short Version of DXY and VIX 8:24-9:24
DXY 0:14
VIX 4:45
APPL 9:25
HSI 11:11
NASDAQ 12:10
BTCUSD 14:18
MARA 16:00
PHUN 16:47
NVDA 16:58
PYPL 18:15
TSLA 18:55
Closing words (Will be interesting to see where the dollar opens) 19:43
Overall I think things look fairly bullish. At least in the ability to regain some of the loses from the past two weeks.
My big...
I think we can move up but I would not be surprised to be wrong either. If you have the conviction to go long here, we have a clear descending triangle. I don't foresee a bounce much higher than the first target being possible. I have a lower target that I feel will be hit sooner than later. Not financial advice. DYOR
1. Price is trending within the down channel perfectly.
2. Purple color:
The price broke below the horizontal support of the ranging zone (0 to 1).
And using the 1:1 ratio strategy, TP price is expected at the next 100% level (level 2).
3. On the way to level 2, we may want to pay attention to level 1.5, where the level could be a horizontal support.
4. Orange...
Apple and other big stocks saw a massive boost in their value share. That growth is now coming to a halt and it will return to it's long-term natural lower support line.
Just as we believe that bitcoin will bottom before the S&P 500 Index, in the same way we believe that Tesla will bottom before the other major tech giants.
At present time going down fast and strong would seen like something really bad.
A stock dropping is surely bad for the investors but these markets move in cycle, they go up and down, up and down...
At a...
It appears to me that a bearish diamond pattern is coming to an end - based on the qqq's direction and the overall sentiment on the direction of the entire market I would wager that its going to eventually (soon) break the lower purple line (140.15) which represents a heavy volume/price area. As you can see that level has been an area of strong adherance...
TimeStamps:
VIX 0:00
APPL 1:03
NDQ,DJI,SPY 5:12
BTC 6:24
DOGE 8:38
HD 10:50
DKNG 14:00
META 15:18
PYPL 16:18
Just an overview since the last video and some thoughts moving forward.
I hope you all are doing well. Sorry for not being on as much as I used to. I hope to be on more in the future.
Breaking out of pattern. Look at the last daily bar spiking up before FED announcement. Banks are all shouting recession coming... I think we break out hard on the massice put/call option spread that is currently exisiting.
Long a small position to bank on this move.
