This is it, I think the big one is coming. Easy short here not even worried, I cannot believe how easy this short trade is going to be.
Be prepared to SELL (short and hold) it for good!
It can correct through time or price. One thing is clear #MMT endless deficits only benefit Asset Prices While doing little to create economic growth. Real GDP 2008 $15.7 Trillion Public Debt $10T Real GDP 2021 $18.7 Trillion Public Debt $28T We have gotten $3 trillion of GDP for $18 trillion of Public debt or $0.16 cents of GDP growth for every new dollar...
NDX Holding the current support level at 12700. If the index breaks this level a re-test or a continued sell-off is in play. Scenario 1: Re-test at 12400 or a re-test of the monthly low at 12200. Scenario 2: A continued sell-off could force the price to test the 200 MA. A move to test the 200 MA would be mean this sell-off will approach -15%! Nevertheless, as...
Don't let it catch you with your pants down
Blowing out a 💫 w/ a large green candle and MACD looks very bullish $YM_F $DIA $DJIA $QQQ $SPY $IWM $TLT $TNX $GLD $DXY $VIX $BA $GS $UNH $CRM $MSFT #Trading #Stocks #StockMarket 📈
DJIA current price suggests over extended and better to wait for price to revert to the mean - price is like an elastic band around MA200 normally a violent move one way leads to a similar the other way
"It is very simple, really. First, it loses 50% of it's value and then, 80% of the remainder." - Answered Benjamin Graham, to a reporter, in a 1934 interview.
Biggest trade last year for us were Leap Puts anticipating the massive diamond breakdown on this POS company. They somehow survived #737MAX crashes AND #COVID. Micro wave-3 looks to be starting $DIA $YM_F $DJIA #Stocks #Trading #Boeing ✈️
... it can be shorted no more!! Here is the original post; Been making stupid amounts of money in this spread, ever since!3 Obviously, this still has quite a few country miles left in it (SHORT). - Then, on the top of it, factor in the currency differential and Baam! ... Probably the best (passive) index trade out there, bar none.
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. V (DJI) - When Break Price Fly Up
Plan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
In this video overview, we will take a look at the $SPX, $DAX, DJIA, NASDAQ, and Nikkei. Key levels are on test
This is an early development but, I believe that since GOLD is in a downward trend in the short term, a breakout will occur but then once it reaches to 1950s, then I expect a drop-down or a continued up. Just a theory. The RSI is in the normal territory, which does not signal it is a blow-off or a blowdown but check the coming days and then see if an up is made or...
Keep an eye on the price of oil as there is a direct correlation with DJIA due to % of energy related stocks