I have been watching the Dow Jones since we saw that 4,000 point drop. Ever since, we have been in a sideways range. Yesterday we broke the floor on that range in a negative way. Normally this would be a negative signal for stocks, but I think Trump's "Border Wall" move could reverse things from here so he can keep his precious stock market gains until...
This play and the reasoning should be pretty self explanatory, zoomed the chart out so you can see how far back I look before taking a trade. The play is from the Red sell rectangle to the Green support rectangle, and start looking to abort the trade at new highs with high volume and/or any random bullish news. Looks like it's at resistance and almost all the...
Looking for when the FTSE 100 may enter a Bear Market. Despite the media saying a 20% drop is a signal for a Bear market, the real number is 16%. Taking a measurement of 16% from the previous high in the summer of 2018 and a 16% drop comes to around 6442. If price drops below this mark, (red dash line) this could signal the Bears are in full control. Taking a...
Hello, I've compiled a few charts I've posted in the past year warning about the economic reality of the times we're in now. My predictions we're pretty accurate up to this point, and I see no reason for it to change. Contrary the evidence for an imminent reccesion only keeps piling up. The front end of the yield curve has started to invert with the 2 year...
We thought the downdraft in October marked "ABC" on chart was the correction. But... We got another pivot at the .62 Fibo, where B turned, now X turned again. Looks like we got a larger WXY wave. ABC was the W that formed first bottom. If this pattern completes, expect -33 on the ABC leg to approximate the X-Y leg. This would put Sand P down around 252. For...
AUDCAD simply trading within the 4H channel and it is proceeding to form lower highs, lets see how it unfolds
I've finally found a correlation with every stock index and came up with my hypothesis of how this stock market will crash.
I finally cracked the projection of where the stock market is heading with the China Vs USA trade war.
Big bearish divergence on the weekly, same thing happened before the 2008 crash. If you've been reading news and digging in, the whole bull market since 2008 has been artificially pumped up through fiat creation, and it's a house of cards waiting to implode. Totally unsustainable. This may or may not be the start of the crash, but the crash is coming. Be...
TODAY WE SAW 24560 BRIEFLY, THEN SEVERE INTRADAY BREAK FAILED RALLY NEXT STOP 23800 AND BELOW. BREAKDOWN CONTINUES- POSSIBLE 1K SELLOFF IMMINENT; SECULAR BEAR MARKET BEGINNING NOW- FOR GOD'S SAKE BE CAREFUL TRADERS!
Grab the surf boards, ride those elliot waves to success. After a very predictable consolidation on the 4hr, BNB broke out nicely. Now we can try and anticipate it's short to medium term future. BNB at a couple of resistance lines on the BTC/USD chart.....the dormant volcano will blow. In my opinion BNB is one of the most predictable and reliable to chart. ...
Based on my analysis of the Elliott wave that began around 1993, we are coming to the top of the third SuperCycle wave. SyperCycle Wave 1 ended with the market top in 2007 prior to the popping of the housing bubble. SyperCycle Wave 2 ended at the bottom in 2009 and we have been in SyperCycle Wave 3 ever since. I project the market top to occur between November 1...