This market is only for a view investors, but really not recommended for retail traders with pockets smaller then a couple Millions.
As for the chart analysis on the weekly timeframe, we see that price had blown through the confluence point and through a couple resistance ranges.
The target is the white centerline.
A potential pullback to the prior resistance is...
I wrote many times about this. And I even posted this Video here on TV:
Everybody expects a turn, a crash, or at least a bigger correction. Guess what...it's not ripe yet.
Now, we never know when the REAL turn will come. IF it comes, then it will be a major turn. Not only in the...
With the market at balance at the Centerline I start my position to go long.
Two opposing forces:
1) the blue Pitchfork, which shows how price swings to the south and where the extremes and balance levels are.
2) the up-sloping A/R Channel, which does the same as the blue Pitchfork, just in another context to the upside.
As for targets, there are
a) the U-MLH...
This is an Action/Reaction Model, paired with two Forks. What do they show you?
- Extremes of swings
- Center of swings
If you apply the 7 rules of this analysis framework, you know when it's time to buy or sell. No, it's not 100% exact every time. But how about over 80%?
Gather knowledge and get my signals while you learn to earn. Go to my website and register...
OK, here's the same idea with more information (more bars) then this previous one (see the previous chart below):
Now we even now that "they" have built a so called "feeding zone" (orange), where the whales in the pond eat all they can, just to pull the strings...
I describe what the Forks measure and how the HAGOPIAN rule kicks in.
And of course there's a potential trade happen right now in the hourly timeframe.
If you like what you see I appreciate your thumb up. And if you want to learn more how Pitchforks are a great trading Framework to lean on, then take my free and unique ForkTrading BLUEPRINT course on my Website...
The white fork gives us the most probable path of price on a longterm scale, it's up.
The yellow fork is the opposite force, and projects the potential for a pullback from the very top, with the target at the centerline.
The price drop through the yellow centerline lead in a halt right before the L-MLH (Lower-Medianline-Parallel) of the yellow Fork.
After price left the first HAGOPIAN, it reached the Centerline (CL.). After this first CL. touch, the reverse lasted not long, only to leave another HGPN to the downside.
Now price approaches the Centerline again and we can now observe a potential reversal, or if it blows through, a trade to the upside.
The blue dashed A/R's give us an idea, how price is...
Video Nr. 2
I continue the analysis from Video Nr. 1 and show you, why the market is so extremely stretched, and why you need to be super cautious these days.
If you like to learn more about the Pitchforks and how they produce great trades, then here's how you can get your free course:
1. Klick the link at the bottom to get to our website.
2. Register for the...
Sometimes we have just too much bars on the chart. But even then, it's possible to get what's going on if you give yourself some context.
Most important are the real swings.
Pitchforks of course project the most probable path of price, show extremes and even the balance at the centerline.
So what's up here?
Well, price is at the Centerline of the white Fork,...
YM1! is on the hunt for shorts, as the other Indexes too. I'm curious if price makes it up to the confluence point.
The sine-wave's center is broken, now back to new highs? I have posted a couple times about this pattern. It looks like it plays out perfectly again but...this would indicate new highs...
Observation mode on...
WOW - In this market I see a ton of information we can use to our advantage.
1. The (green) mesured move
2. HAGOPIAN (yellow & white Fork)
3. Confluence on white & yellow Centerline
This tells a great story...
Want to know more how we profit on this information?
Just choose a subscription on my site as many others did in the last day since the opening of the...
Es is going to be a little bit wilder.
The steepness in the slope has changed since yesterday. All in all, the market is stretched.
But in the hourly chart you look at, this is just a normal behaviour as back in the years when markets where "normal", not just to the upside.
Although the major trend has not changed jet, we now have to deal with more pressure to...