In conjunction with my previous Dow Jones analysis (Link to it down below), we foresee another 40% drop in S&P500 until mid-2023. The analysis done on these charts is based on old repeated market cycles that were last seen during the market crash of 2008. As you can see clearly on the charts, the market has been playing the exact scenario of 2008, since March...
Price target: $70.00/share As part of my inverse big tech ETF... Apple is another SHORT position going into this economic slowdown. Projecting $AAPL to decline about -60% to the 200-D MA, the .618 fib, and the pre-pandemic level. 1) Cause: Operating margin are coming down. Effect: Apple cutting costs (Bearish setup) 2) Market cap still holding on which is why...
Probably not. In order for the next bull market to occur, we need... 1) The top in the Fed Funds rate 2) The top in US10Y 3) Top in USD 4) Economic stability In Chart: Fed Funds & DXY still surging higher.
Peak Earnings (Mar. 22') + Peak Stock Price (~$1,200) = Lower Stock Price Price Target: $70/share $TSLA
I adjusted wave 6 on the current chart to the current downside move. Haven't been looking at US30 for awhile, but been focusing more on the S&P chart. Either way, the pattern is the same. Market is playing out, kind of as forecasted based on charts published months back. Are we there yet? At wave 5, the market was going "are we there yet?" Then the market...
69K was the high back in 2021 that was awesome. But the crash is coming. The big crash is coming and major crash.. the Feds are still going aggressive to fight off the inflation… soooooooo what’s next? When to buy: I suggest buy at 12K or around 10K possible we will see lower than that because 12-9500 area has stronger support and floors.. also please stop...
What a year this has been on the Indices! The NASDAQ has plunged so massively that the crash has dwarfed the 2020 Covid-19 and even the 2008 global resession crash. Technically, this looks like it could continue its southward move as all indicators point downward. The Bollinger Bands have expanded as expected on the Monthly chart and frankly, the next real...
Massive market crash alert! 40% downside by end of October! SP:SPX Also VIX is signaling the downside to start already from medio next week!
*** Not Financial Advice *** Gold has moved precipitously from our original entry point, and is giving a momentum entry area where we currently sit. Worst case scenario can be a breath back on a higher timeframe to 1780. But that would be a good thing as it will allow us to get in at a higher price to ride it down to 1600. The reaction we get at the next...
Mid 17K support isn’t strong enough for the bullish rally.. should expect biggest drop of all time during recession are pushing a lot further; if you are in a buy still please secure your profits immediately Strongest buy support zone expecting around 11-10k Somewhere around 6000 is possibly.
880 support from 750 isn’t strong enough for a bullish rally.. but end up made a bear flag .. the big one. Expecting to buy somewhere 400-630 area the strongest support zone
Hey everybody, I've been noticing that the patterns leading up to the fakeout rallies in March have been repeating themselves in numerous market-moving names- namely NVDA, MSFT, and AMZN. I think there's a strong possibility that AAPL goes to test new lows in the next two weeks, only to be met with tremendous buying pressure that will subsequently lead to a...
Hey y'all, On XLB, there is little to suggest that we aren't going to have a counter-trend rally in July. That being said, there are even fewer things suggesting that said rally would not be faded, though predicting where exactly the rally will be faded is an incredibly difficult task. If it somehow manages to push its way up to $82/share, I think it would be...
Hey guys, it's been 14 years since the last true end of market cycle crash(though I could argue 2016 was a crash of sorts). Taking a look at the previous 2 market cycles leading up to the 2000 and 2008 crashes, you can see the logarithmic trendline highlighting the euphoria phase of the stock market prior to the subsequent crashes. All in all, there is little to...
2008 vs 2022 weekly chart for SPY With us touching the critical 200EMA levels, if this plays out similar to 2008, then we should expect a relief rally going back to 50EMA (~430) and then we hit true bottom a year from now in Summer 2023. Stay safe!!!
BTC/USD Cycle High Low Bitcoin Each 4Years New High Each 4Years New Low Forecast Bitcoin Price: 10000$ Time: January,2023
hello guys this is my idea about EGLD /USDT I thing that sellers from this area will be defend this short position.. and when the price come back to this area, strong sellers will be push down the market again... Downtrend + previous support become resistance + Strong volume area is my mainly reason for this short trade.... Thanks Rebeng
hi yes and does bear and bull exist or we have been lied all this time? maybe yall are just dumb xdddddddddddddddddddddddddddd