On 10/11/18, US indices experienced normal volatility (-4.07%). Although short interest was higher than any other day in history. US equities such as the SPX, continued to sell off through the end of the week and has now been closed since Friday and futures (US30usd) are looking grim. Ironically, at such a moment as this, the prices of cryptocurrencies across...
Stocks arent really my thing, this is more a statement on poor political choices. Going to be a long drop.
This is just a short-term long position for the SNP, if you are a swing trader then there is a possibility we may bounce in January and continue back down on February. I am basing this on the fib extension of 1.618 and the .236 Support level. Things could go alot lower as bearish momentum almost always moves faster than bullish momentum when it comes to the SNP...
Headed for third touch of trendline after clear double top and rejection
Top resistance line formed from the top of the 1929 bubble and the support line formed at the bottom of the bubble in 1932. Both lines have held support and resistance since then, with the most recent support touch in 1982 and recent resistance touch in 2018. Due to major bearish divergence formed from Apr 1998 to Jul 2018, the support line may be touched again at...
Possible long term path for the DJI between now and January 2025. Save and check back in 6 years. Red boxes are targets where we'll probably see some dead cat bounces along the way. Orange box represents the 18-month long presidential cycle. Green box indicates where one should "back the truck up" for a stock market reload. (Bottom of the crash... maybe anyways)
The break of 24250 as key support opens up a drop toward February lows
Just a quick idea to share. Downtrend corrective 8 wave cycle completed with wave C. However, the next started cycle is apparently also downtrend.
I predict that 2019 will see the DOW smash through this critical support level!
Volatility Algo Funds may know what I'm talking about, as it was exactly a huge target. It wasn't easy to predict many days in advance (according to my current skills), but it's done. I wouldn't sell it now ... before confirmation. I'd even rather go long from the bottom with a very tight stop. I know many would start selling, and many of my recent posts are...
DJI Don't Blame the FED, even if your favorite Muppet blames the FED and tells you they're going too fast. Whether like it or not, The Federal Reserve was made to promote the health of the U.S. economy and the stability of the U.S. financial system, NOT to promote the financial market. Now, this is so simple that Analysts and Advisors always tell you about the...
Target: 23000 Risk: 24200 Technical reasons: The index’s rise stop below 25000 barrier pushed trades to decline and break the important support 24200, to head towards 23000 barrier that forms the next negative target. The exponential moving averages 50 and 100 form strong negative pressure that pushes for more expected decline on the short term and medium term...
This is by far the BEST video that will line everything up for you by me. I gave it MY ALL with trend analysis and elliott wave. be ready and spread this video within 48 hours to help everyone for this last move higher.
As we can see these last few days have really dropped the daily RSI. I expect another dead cat bounce in the coming days. If we can close above the 200 MA, and find support above it, I think this correction will be over. The more likely event is that we close this week below the 200 MA and see lower lows. Long @ 23600 Sell @ 25000 Stop-Loss @ 23250
2 gaps ready to be filled. Likely tomorrow before the next run up to fill the single gap overhead.
Bullish butterfly pattern completed today. PTs are the 38.2% and the 61.8% of A-D leg (in the chart).
Hi guys . I post my recent trading idea to short Dow until 21150. As we from the technical side we see a breakthrough from median of bollinger which is a short signal , VI index now going to cross and make a solid short signal. ADX also follow that movement of VI so its 3/3 signal . That's only an idea invest safely !
This is one way to look at it. You believe in whatever thing you want, but believe have a price: time and mind health. In TA there is this theory called Dow theory. You might want to google it and especially the numerous cases when it verified in practice. One image that v nicely exemplifies this theory is this: alphatrends.net I give one recent example: Gold...