Human beings, especially retail traders, can only really handle themselves in trending markets. Many people, especially the old men, have grown used to mashing buy on blue chip equities or the indexes no stop, and watching it go up every day no matter what. "Bought the top? Who cares? Made 3% this week!" Unfortunately, that money printer tractor pull is no...
Some stocks, I've never heard of before, but I come across people talking about them on Twitter, so I decide to take a look at them and keep an open mind. That is the case with JOBY, and I know nothing about this company, nor about its financials... nor do I care about that. So long as the markets are being maintained by institutions and haven't been hot...
The recent market conditions have been strange. Post-Coronavirus Disease 2019 panic, everything went up in nearly a straight line for more than a year before SPX plinked 4,800, and then started retreating, within mere days of the commencement of 2022's calendar year. During the moon run, VIX spent ten months in an area that I regarded as a key accumulation zone...
The major indexes all trade together, but have different types of patterns. NASDAQ has been crazy bullish, and will be crazy dumpish, because retail likes to lose money buying call options on tech stocks because some 20-year-old wearing a baseball hat on TikTok told them to, and because tech stocks are cool. More seasoned professionals like to lose money buying...
UF | Pre-NY Short on Interest Rate Diff for 13:25:50 (UTC) Fri Jan 21, 2022 as posted in the channel
Today, we will take a look at American Airlines Group from a technical perspective. The main aspect we can observe is the weekly trendline working as dynamic support since 2008. We can consider it a major level from where we have observed lasting bullish impulses in the past. Alright, if that's our support level to start thinking in bullish opportunities, we...
Key levels to track during next week explained on the chart
Key points: - DJY retesting after breakout - Nasdaq trading at the bottom of a bullish flag SP500; if DJY confirms a down trend after retesting resistance at the breakout level we might see spx500 being dragged down otherwise this will bring Sp500 up to retest 200EMA again
H&S breakout price came up with secent bullish strength to retest It's a good risk reward shorting opportunity at the resistance level
hi. .this is my estimation of how the Dow could possibly behave in the next few years This is based on my Elliott wave count I am publishing this just to have it in my personal records.. no financial advise as usual The intraweek behavior might be adjusted , what I am looking for is the overall trend
DJY is about to break to the upside, unless a deeper correction starts. Buy after break of consolidation This might be the beginning of a 1-5 impulse to the upside, if it is not the correction may last longer for an ABCDE or as part of a larger correction to the downside. Short-Term Daily Look for a break to the upside to buy.