In correlation with the rest of the market flash crash, we are expecting a -20% drop in one day.
Given the correlation of the rest of the stock market indices. We are going to expect one of the biggest flash crash in history.
After analyzing the 2 week black-out period of stock buy backs before earnings, I've come to a conclusion of where the stock market is heading in the few months ahead.
I've been following WYNN for a while and I use this as one of my recession indicators of the economy. I believe people are head above water high in credit debt and can no longer afford to gamble or visit the casino. My prediction is a -6 to -8% drop before it does a dead cat bounce up.
In relation to all my predictions, I believe people will panic buy JNUG as a reaction to -13% drop we might have on Monday, Oct. 15th. In my opinion and not financial advice, I would sell it and go JDST after taking profits at the ~48.9% pop.
In relation to my prediction for a -13%+ crash on Monday, October 15th, I think that TVIX will have a mega spike up to ~400% gain in one day. We'll see what happens.
I believe on Friday, Oct.12, we had a bull trap. There is still more room to drop on Monday, Oct. 15th, 2018.We should expect at least a -13% drop.
The colored boxes represent Points of Interest and Vibration Levels, based on Waves measurements and Fibonacci calculations. • Red – Bearish Breach • Orange – Strategic Levels & Vibration Zone • Blue – Extension & Points of Interest
The colored boxes represent Points of Interest and Vibration Levels, based on Waves measurements and Fibonacci calculations. • Red – Bearish Breach • Orange – Strategic Levels & Vibration Zone • Blue – Extension & Points of Interest
VIX (Volatility Index - CBOE) is showing signs of another "spike" in volatility sitting around the corner. This would translate into a "fear" period. US indices are showing wave counts which indicate that the current correction on the up-side might just finalize. An Intermediate Degree (C) leg would be in focus for the completion of the current Primary Degree...
Another potential opportunity today with another Mainnet launch. This is my scenario if it dumps. Could have massive upside potential. Yes I know I used an impluse wave to show my double top. Relax!
All major stocks, allied Western currencies, and crypto charts are following the same pattern - coming up against a hard 100 MA on the 1D chart. They all have the same bull trap patterns, major dips and rallies in close proximity. They all have little bear traps. They are all poised to collapse within the next several 4H MACD cycles. I have reverse engineered...
Normally movement in the price of oil leads a move in the price of the 10 year note. The blue line is USOIL and it showed me a change in behavior that I couldn't trade. So I looked for shorts in the notes after It made a high . I am now expecting lower highs given how investors are long SPX after the dip
The Dow Jones Had Its Biggest Point Decline In History Today After A 2.5% Decline On Friday. (See Additional Charts At Bottom Of Description) The Dow was down 1,600 points (6%) at one point of the day but ultimately closed down 1,175 points, down 4.5 percent on the day and roughly 10% from all time highs! The US Stock Market is now negative for the year after...
I notice these flash crashes always get retested. I think now is the time to set your order for a cheap pickup. I would set a limit order on the target zone and let the market come to you. After the flash down it will return back up for a quick profit.
Looks like we'll bounce off medium strength support. Then rapidly back down to the long term support area. At any point it breaks the down fib channel then you should by. Until then, don't do anything.