I think we can short $AAPL at market open, next year...tight stop here. Risk small for a big return. Cheers, Ivan Labrie.
So many calls for the 7-8k range being the top for BTC and a large correction coming imminently. Its very easy to read into the chart that we are very near completing Wave 5 in an Elliot Wave pattern, I myself see this clearly when I read the charts, it practically screams this out, its clear and perfect looking. I want to discuss the possibility that perhaps we...
I see a good opportunity to buy bitcoin at 3200 Drawing the trend line from the peak of 2013 and the peak of June 2017, I see that a market reversal can occur here. Also, the MA 100 is at 3210, which once again confirms the strong support zone at this level. cRSI and Stochastic RSI are extremely oversold. If it falls below, then the potential reversal points...
Looking at the YTD chart, it's clear that we are only just starting our dive into a bear market. Assuming Wave A retraces to $2,869.2, Wave B will take us to a peak of approximately $4,400. Some folks will look at the upward momentum and see this as a new bull market forming. It's not. Don't fall for that trap. Once we reach the Wave B peak, there will be a...
Symmetrical triangle forming, volume decreasing, stoch rsi and macd following expected trend. For swing traders, short at 61-62 and long at 55-56
After the Shoulder-Head-Shoulder formation, SP500 fired a hit 'n' run candle, which was quickly dismissed. After that, 2 attempts where made to recover, only to be rejected near shoulder level. This time, it hit the vertical neckline once, and it'll problably hit i twice before being rejected again. .......and history will repeat it self, and the pattern and...
LTCUSD is heavily correlated to BTCUSD. Exit all positions and look for new strong longs. Possibly buy some physical GLD or SLV. The best rule is to diversify your baskets.
Prices may be moving higher but for as long as my pattern stays intact, i remain a bear
What makes 2012~2017 different from 1995~2000? Can you tell me what key factors will prevent a repeat DOT COM (technology) crash? In 1995~1999, the US was the single biggest and most advanced player in the technology field. Investment poured into these US tech firms as it was the only game on the planet. In 2012~2017, the US was the single biggest and most...
Pay attention folks. The NASDAQ and the global markets are setting up for a repeat of the DOT COM bubble burst. In the late 1990s, the DOT COM rise was attributed to a number of factors, most importantly the unique situation where the US was leading the global in technology advancements and web services. Investment in these firms was focused on hope and dreams...
Demand decrease since price meet a strong confluence area . Fibonacci retracement, Moving average, Trend line , all these tools inform a potential resistance area.
SPY signals very possible end of 7 years bull market. Connect the 2 monthly highs of 2007 just before the financial crisis broke out, with a trendline, and see it get hit by the top of 2015, followed by a year of topping out on SPY/SP500, and then, last week, on the 13th December when it was hit the 4th time. This also marks what i believe could be the 5th leg of...
If trend-lines are broken, look for a new bear market and tests of the recent lows, before start of a major...MAJOR, bear market, IMO.
SPX rallied strongly in what looked like a giant short squeeze and broke the green line (see previous idea). Also spiked above the melt-up channel. So that only leaves 1 bear option and one bull. After the spike above the melt-up channel, it reversed strongly and now broke below it. Which is a bearish reversal, in my view. Lows at red "or 3/C" should be taken out...
We have a bearish opportunity on selling at previous resistance,there is also a bat formation wich means a high probability that the price is going to go down at that level. Hope you enjoy :)
Target: 215 Tesla started to retrace down from the descending multi-year resistance. I expect a drop to the next strong support level around 215. Unfortunately a company with a large CAPEX like Tesla might underperform in a bear market. My very long term view is a buy. But for now, I'd want a fairer valuation before I buy.
Rest of hope in the Markets similar to 1994, but now we have not the positive divergencies as in 1984. Today some divergencies are visible but not so powerful. Comparable divergencies in 2000 and 2008 downstream had only short term influence. And in the last indicator you can see the missing link, no action in 1984 but in 2000, 2008 and today.....
AUDUSD has been in a massive bear market for over almost 4 years, the FED has been kicking the interest rate can down the road and has got quite tiresome to say the least, USD on the DXY look very bearish now. We are looking at this as follows: Pullback to value, get long on good technical signal.