Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...
I believe GOOG is a highly interesting setup to the upside at the moment... The pullback seen in FAANGS since the NASDAQ100 made its ATH in Mid-February has barely tickled this stock... This means the bulls are pushing it and momentum to the upside is perhaps much stronger than that of its peers... Moving on to business... Elliot Wave Analysis is my specialty... I...
Much like the Nasdaq ... ... they're done for now.
It's done! Put a fork in it. - Much like the last time... :-) - See attached post.
... or could be! There is more money to be made here than in a "crash" ... so do it! Scalp it like a there was no tomorrow - as there may not be one :-) (Both, outright Longs & Shorts are suckers here!)
Milk it like a rented cow!
FAAMG (4H) / Not Blinking an Eye... So Far
If stop loss is triggered the wait for 2600's to short again ,.. or look out for false breaks
What you are looking at is an equally weighted 'portfolio' of all the FAANG stocks, ~FB ~AMZN ~AAPL ~NFLX ~GOOGL And what the performance would have looked like if you had put an equal dollar weighted amount into each, at the earliest point you were able to, i understand that this is impossible to time or predict, but what it does do, is it serves to illustrate...
Markets are anything but boring, idiotic perhaps, but not boring that's for sure. The Nasdaq is just shy of 7% from the prior ATH, despite the fact that the economy has still NOT reopened, many small businesses are in tatters, large business are hat in hand to the Fed and Treasury for bailouts AND north of 30 million Americans are unemployed. Initial Claims:...
Here we have the top 10 holdings within the SPY ETF, ~ MSFT ~ AAPL ~ AMZN ~ FB ~ BRK.B ~ GOOGL ~ GOOG ~ JNJ ~ JPM ~ V These represent 25.23% of total assets within the ETF, by combining them we are able to get a gauge of what the market movers are doing compared with the entire index. The first thing you will notice is the difference in retracement levels,...
4H Chart Explanation: - Price broke the Ascending Trendline. - It is, currently, against an important Resistance Zone. - If price starts its down move from here, it has potential to move down towards our Target Price at 240, being careful with the Middle Support Zone at 340. Our Weekly and Daily Vision support this short idea. Take a look! - Weekly Vision: ...
Mi análisis técnico personal en visión semanal. Neutral, por decir algo. Aunque no hay certeza de nada, puede ser probable el escenario debido al conflicto imperial en curso. Salud! ------------------ My personal technical analysis in weekly vision. Neutral, to say something. Although there is no certainty of anything, this scenario may be probable due to...
To all the economists out there, this one looks so bearish, isn't it?
Despite a 36% dive, $NFLX can fall another 29% and still post a small gain for the year. Given rising volatility and a broad-market correction, a short position on Netflix could be a good idea. A bearish strangle with expirations on DEC21 is what I'm currently holding. The possibility for an end of year rally is still there (hence using a strangle for...
This is to illustrate what would have happened to your portfolio of you invested in the glamour FAANG stocks instead of the Acquirer's Multiple, in response to this article: seekingalpha.com ...which said that in the period from the date of 6th November 2017 until 6th of May 2018 the growth was 9.18%. This chart shows that you would have had a 152% gain over the...