Everybody is so depressed about China that it is time to look for the bottom... All big players have sold China, the state is starting to take some economic measures
TVC:GOLD Gold prices push the lower line of a two-month-old bullish channel as XAU/USD traders brace for key US Retail Sales and debt ceiling negotiations among US policymakers. However, the 200 SMA adds strength to the $2000 support, making it key for the XAU/USD bears to break before taking control. Even if Gold prices drop below 2003$, the 2,000$ round figure...
Its funny seeing everyone posting about how ETH is about to fall off the face of the earth because of THEIR analysis... Well MY analysis is that shorts get wrecked and we go to 1500 and beyond. (From green zone) 😎 Mainly fundamentals at play here with Eth being more of a safe haven while USDC crumbles before our eyes, along with a contrarian outlook that every Joe...
On today's CPI report, inflation rose 0.5% in January, which was higher than expected (according to CNBC ), yet the market rallied. With this rally, the market is hitting a supply zone, which was the swing high for two of the most recent swings. In the shorter term, it has also been seen that the recent rally has been rejected twice at the bottom of this supply...
KBE is in the middle of a beatdown with two of the biggest bank failures in history this week. The share price action is reflecting overall distribution. The moving averages ( SMA 100 and SMA 200) are parellel and not crossing. Today, the price action had a little pullback on the drop and perhaps an early sign of reversal or at least the end of the trend into...
Stall at current levels with Retail Short EURNZD. Contrarian View Long with target at next Resistance Level. Reward to risk over 3:1.
Current Breakout Low on 15M Chart with Retail majority short positions. Contrarian Setup with 1.8:1 Reward to Risk. Target Value area High of recent volume cluster
Current retail sentiment is long and Breakout long on chart. We are contrarian to retail traders and are targeting Short the low of volume profile Value area Low. Reward to Risk is 1.75:1
What's going on here? Probably nothing Everything is just fine... Zero-sum game 15b vs 300m David vs Goliath Follow the money... I have 0 clue what's going on! that's pure abstract imagination! Do your own research! Look First/ Then Leap
Are you all gone? I am still here... Summer 21 retail bought high because wish was going to the moon with 0 justification and stock +100% in 2 days with zack morris pump. February 23 retail sold low because wish was a dead company due to earnings and stock went -50% in couple of days from the citron pump. I am curious if smart money sold high and bought...
General Market Update Stock market uptrend continues to show strength and shrugged off Big Tech losses. The stock market made a show of strength by surging despite disappointing Big Tech earnings reports. But it is still too early for investors to be getting excited, with another Federal Reserve meeting rapidly approaching. The Nasdaq composite turned in a 2.9%...
The cliche about prison life is that I am actually integrated into it, ruined by it, when my accommodation to it is so overwhelming that I can no longer stand or even imagine freedom, life outside prison, so that my release brings about a total psychic breakdown, or at least gives rise to a longing for the lost safety of prison life. The actual dialectic of...
Similar pattern to 08, everyone talking about repeating the same pattern, even the news about banks defaulting are the same, and even the hero of 08 is the same Dr . Burry. Move to 100ma and then back to 200ma? and then everyone sees it and goes short? yea...... I am contrarian here if everybody sees it and talks about it I would rather do the opposite. Do your...
As much as I believe in "Don't Fight The Fed", I'm starting to think the bottom for the US markets (Technology/SPY/QQQ) may be much closer than some people think. My cycle research suggests a 2022.5 cycle pattern (late in the second half of 2022) is highly likely. Have we seen that yet? Maybe. Maybe it is the recent bottom in June 2022 and the change of...
Price action on the DJI (Dow Jones Industrial) and several other markets have flagged the potential for a contrarian setup (favourble for bulls). The Dow Jones has seen a relatively deep pullback against the rally from the June low, and there has been two false breaks of trend support over the past two sessions. Furthermore, a bullish engulfing candle formed...
$LRN has been trading in a bullish channel for over a year now, and now is retesting the lower end of the channel's support. I'm entering a long position as the previous two candles were a doji and inverted hammer, both being strong signs of reversal. Additionally, at open, the stock gapped down below the lows on both the previous two candles, giving a good...
The moving average 300 is an indicator of trends for the S&P 500, and prices often tumble to it during bull market rallies or bounce to it in bear market rallies. Currently, $SPX is making a push towards the moving average 300, which is currently‘ at 4350.34. At this level, the volume histogram indicator across a 200 day timeframe and 500 day timeframe shows that...
A few days ago, NVAX gapped down 30 percent on a large earnings miss. This means that now NVAX is down over 87% from its ATH. Why I think NVAX is a buy right now The stock had a minor rally off a long term support level extending to 2020, and has higher lows than during the previous rally off this support level. It is trading at a heavily discounted...