With the money printer going BRRRR (costing $4T from the fed) causing stock prices to be inflated, investors and money managers in the stock market may soon take profits into hard assets that aren't necessarily tied to the value of the dollar, like housing, cryptocurrencies, gold, etc. in order to preserve the wealth that may otherwise be lost due to continued...
Dow Jones has high probabilty to realize a running-flat correction and fall near march 2020 low
On daily chart we still in wave 5 processing, we don't know if last move is end of impulse yet, but we know this is ext 1 on wave profile table on chart corner, and after wave 5 is wave a so we need to prepare spirit for it Drop down to 1h chart as thumbnail above We can see impulse 5 wave base on Elliott wave count indicator, look like current price action is...
Unfortunately i was away from the charts the last two days but... a great scenario happen today with price driving into the 1 hour order block and giving good entry opportunity on the 1m TF. I will be posting some EU and BTC ideas tomorrow!
As discussed in recent analysis here on TradingView Bitcoin does, until proven otherwise, trade within a big zigzag correction. (For more information on this, please see our previous posts.) The downwards break of the B-wave came as no surprise as we thoroughly discussed its inherent weakness throughout. What we see now is likely the initiation of the C-wave in...
Oil is its last stand. Dollar is on its rescue from devaluation the currency. No hyperinflation is modern time. FED bank have printed and push not just oil to record levels from minus prices. Lumber to stellar levels with copper. Commodity sector is very overpriced over all because of the inflation thats been going on since 2017 and zero rate for 10 years. We are...
SPY is currently sitting at a critical support trend line. This means that it has a decent chance of bouncing back up from here. If SPY drops below the resistance trend line then the downside momentum continues. Also, SPY has already reached my price targets, so congrats to everyone who jumped in.
I will be getting the monthly put options at strike 24 dollars from here in anticipation of a bearflag breakout as i think btc and riot will see the 200 week moving average again.
Just found this idea pretty interesting. If Avarage of stocks Above EMA 200 falls under about 55/60% usually we have a great SP500 correction. As always mostly of stocks are susceptible by some type of crisis : Real Estate Crisis, Governament Crisis, War Crisis, Epidemic Crisis. Quite notable is the rebound to normality, it tooks about 2 periods (vertical...
Price rejected at the top of the Pitchfork range which bagn from the tops of the 2000 Dot-com bubble and the lows of the 2008 financial crisis.
SPY: CAREFUL ~Since March 2020, we are in a dangerous upward wedge. While we could continue to see this uptrend through October, there will definitely be a correction in November or December ^^RSI divergence since last September confirms SPY's impending doom ~Monday is probably going to be opening red throughout the market but it is crucial for 442 to be the...
Expecting this to play out after that initial drops.
My first recorded video. Bitcoin fundamentally and technically is looking healthy. This recent crash is not a bearish reversal trend. Holding support above the 200 Moving Average is critical! El Salvador bought the dip! First time in history any country has publicly announced accumulating in on cryptocurrency when the strength of the market is weakened. There is...
I also created a video about my post for those that prefer to watch it here it is: www.youtube.com It also contains all the graphs and charts which unfortunately I can not post here. More and more market participants are talking about rising inflation and the everything bubble being the buildup to an epic crash. But is this really true? Can markets go...
We havent broke any daily candles, so i expect to see the low broke. Because we are respecting levels price may drive us down london. Will look for a momentum sell, and possibly reversal new york after a sweep.
The was i see news is that it is a opportunity for market makers, banks and whales to liquidate retail and create moves. Not to follow the fundementals. EL salvador made bitcoin a legal tender which is great news and should of pumped the price up. However we crashed. Connect the dots, analysis was a sell, retail buy on the news, the 90% of traders and fomo, then...
Technical Analysis comparing MACD histogram and structure of historical black swan events with today: 2018 - 2022. Each historical Black Swan Event share 3 simple indicators, that are in play today; 1. Incremental pullbacks of increasing % that ultimately lead to the crash 2. MACD histogram micro contractions and macro expansion that ultimately lead to the...
SPY is looking extremely weak. BlueWave Gave a red dot sell signal yesterday, add to that an overbought Stochastic RSI. The First Price target is $447. Second Price Target is $443.