Interesting chart here on the DXY daily we can see the sharp pull back to strong support line so that’s one more clue that things are about to get uglier in the crypto space.
This past week‘s events have cast the block shadow on the entire industry and likely will put increased pressure on institutions and big investors to further limit exposure.
In the life...
We are currently seeing a pattern which happened in the 1929 and 1987 crashes.
The idea is based on the correlation between stock patterns with Jewish holidays.
Both times in 1929 and 1987 we saw a local bottom at the Rosh Hashanah holiday.
The local bottom caused a bounce towards the Yom Kippur holiday, forming a local top.
Following Yom Kippur the stock...
Stock market has still stayed in a bearish market structure. Observing multiple bull rallies throughout since February/March 2022. And bull rallies will continue so long as market sentiment continues to expect a more negative month/quarter than it actually is, although still in a decline versus previous month/quarter.
We can tell bearish market sentiment from the...
Rally is done folks. Fascinating how perfectly the 21 April bars pattern fits onto the weak retracement rally to right shoulder.
DJI gone off 1K is NOT bullish. SandP down 4%, NQ just tanked > QQQ gave up 15 bucks in a day. Can you say CRASH?!
Yet I still see folks putting out ideas about new rallies to test ATH. Buying this 'dip' will only disappoint, lol. Do...
Long term view is bearish!
Key points to note -
1. Ongoing Russia - Ukraine war!
2. Highest Inflation after 40 years in most part of world!
3. FED expected to do QT to overcome inflation from September 2022!
4. China Taiwan war (US) tensions!
5. China Real Estate crisis!
6. Economic slowdown of Global markets!
What else required?
Gradually if corporate leaders...
Total evaluation for the ETH asset is completely bearish. I repeat, bearish. Its quite obvious where we are going at this point. I don't see any particular bounce until we hit the previous support which is around 1500$ and even then depending on the current situation for Jack Powell's speech, we might see a more bearish approach. Lets tune in together at this very...
Please be mindful of your risk management as always, we are in a bearish adam and eve and will continue to break down to 20400-20600 before we see any light of retracements. Do not forget to keep following the stocks, we have already dumped from stock futures, but market opening is not even near yet. My best recommendation is to low leverage short until you can...
The inflation artificially created by the Federal Reserve (FED) and European Central Bank (ECB), will end in an ugly recession in 2023 - 2024, North America and Europe will be the places most affected by it, high food costs, public services, rents, mass layoffs and the collapse of much of the auto industry, we expect to see in financial difficulties or bankruptcy,...
Break of Structure, Break of Structure, Break of Structure,
Same stuff, just a different day, heading into a HUGE Price Block,
Taking to next demand zone, anything in the below box to target is VALID,
Good Luck and Happy Sniping
Could it be that market cycles are shorter now, versus back then in 2008?
Also, we probably have more participants in the market now compared to prior years.
More investors, traders as it has become more accessible.
More people learnt from 2008 crash to buy the dips on indexes like the S&P as there is a very high probability of it only going higher.
If you look very closely, I think GES is repeating the same pattern it made in 2008, with some similarities to what it did in 2000. Today, the stock noticeably held its most critical support level just above $16, and I think it is likely it will rally into mid-late July. That being said, I fully expect that rally to be faded and a violent markdown...
Liquidity Grab, Looking at Two POI's, Second Level is a Monthly POI
Levels where failure can be put into play,
First Target Below, Long Term Target to Follow,
Always good to know what DXY is doing, understanding of this can be massive on other ASSETS!
Something is brewing,
Good Luck Traders!~
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 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...
Calling it as I see it happening. This is only my opinion and gut feeling on what is going to happen. I'm calling it now. 34k BTC soon, easy ride to test for support to go up, then after braking it we go to 38K hit real resistance and we could go flat right there for the rest of the year but because of Economic crash coming this fall and start of next year, I...
Pattern reminiscent of the Christmas Crash 2018. Although seasonality usually favors price in April this was the Cruelest month ever.
Dec was an unseasonal bear four years ago, a crash can happen at any time. Worst selloff since COVID today, more coming IMO.
This big selloff day is unlikely to be followed by another, but anything is possible. The whole thing...