Tracking this formation as an ending diagonal.
This might be THE ending diagonal.
The ending point can be a higher high or lower one.
Many times you'll see a bump up above the top of the diagonal before it crashes back through.
*Note: This is the exact same formation Bitcoin had a few months ago before it crashed 50%. The relation is palpable.
I see Bitcoin as...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
US100 is sitting around its All-Time-High and round number 14k so we will be looking for sell setups on lower timeframes.
on H4: US100 is forming a channel in red but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it....
We will talk a bit about an index that has existed for a long time, yet many traders do not know or use it. With this, we do not mean that it is 100% necessary, but it is good to consider certain situations. This post aims to give a theoretical development and then the technical vision of the graph in different temporalities.
🔸First of all, let's talk a little...
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My Bitcoin address is : 1Cs5DJ7DGqYVBWaAt5rPuRcD66ULgVCFnx
My Amazon wishlist here : amzn.com
Ping me if would like other means...
I am OUT. This is getting crazy and I am pretty gosh darn confident in this count!! The RSI readings match the wave count as well.
Red Box = retest of the momentum resistance, indicative of a wave 5.
Yellow boxes = I zoomed into just that final wave 5 we've been in for 12+ years and it has retested 3 times!
I'm seriously creeped out.
*My theory is that once the...
As the ol' southern colloquialism would have it: "Darn theng (The Dow) is fixin' to be done foh, rat cheer, right about naw!"... And this where the Long March (to < 9999) bound to start, rather sooner than later. (There is also a perfect Fib. Time Cycle lurking in the background. - Look closely!) If one is afraid to Short the index outright, no problem! - You're...
The broader Dollar and index trimmed earlier gains as news flow remained light but as the broader sentiment improved. A pullback in yields further put more pressure on the Buck with some seeing a bullish Treasury quant piece as one of the catalysts at the time.
Elsewhere, the data and speaker slate remained spared as eyes turn to the US May CPI on Thursday which...
This simple algorithm uses Exponential Moving Averages of the S&P 500's Relative Strength Index to trigger buy/sell and short/cover signals on a daily chart. I've backtested the algorithm for SPY (1994-present), SPX (1981-present), SPX500 (1971-present), and it beats the S&P 500 in every occasion. The algorithm cannot correctly time every single crash or...
1️⃣ GBPUSD - 18H time frame 🇬🇧🇺🇸
GBPUSD is currently one of the most boring major forex pairs.
The price remains stuck within a horizontal trading range trading in a global bullish trend.
Recently the support of the range has been reached, now it looks like buyers will try to retest it again.
For intraday scalping...
DXY has moved in the great downward channel since its inception. Locally, the index may rise to the resistance line. Eventually, I expect it will achieve its lows during the 20s.
Best regards EXCAVO
Welcome Hyperspace Travelers.
This is the most exciting chart I have made yet.
It is self-explanatory.
Follow the Cycles.
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Y2K Tech Crash of 2000-2002
The 2008 Recession of 2007-2009
The Great Paradigm Shift of 2020-2022
The Great Paradigm Shift will lead into the biggest shift of wealth in our human history.
It will lead us to the...
I am a little late in posting this. I have been not posting as much the last week as work has been real busy. My idea was to retire in a year now from nursing. When my trading money equaled my yearly nursing salary I was going to retire. This would be next year. But now I have been asked to be promoted to head nurse of my whole hospital, which comes with big pay...
You can see that nq still isn’t broken out of downtrend. This s seen best on the daily chart. It hasn’t made a higher high so far. It will if it makes it passed 13819 but it has tried for a while now to break resistance at 13735 to 13770 but it failed on multiple occasions. Also you can see nice negative divergence on RSI at bottom of my chart.
So I am in a...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
DXY rejected the blue demand area, 89.5-90.0 and we can clearly see that the buyers are finally gaining strength.
DXY was overall bearish making lower lows and lower highs (in orange), found rejection around the blue demand, and then the buyers broke above the previous...
Started on the NDX, looking for possible targets to the downside.
End of month is upon us, bank holiday Monday too, traders look to square their positions, funds look to rebalance.
Not trading inside the ranges, looking for a clear break, retrace and continuation pattern
Hi,
Welcome to this analysis in which we are looking at the fundamentally important S%P 500 Index, we are looking at the 4-hour timeframe perspectives. From the global perspective, the index moved into highly overbought conditions as recovery happened after corona breakdowns last year emerged. Now on the more local perspectives, the index has formed this...
Dow Jones Industrial Average - Can it hit $36,0000? What Then? The market has been very bullish for an extended amount of time. Will it go parabolic or will it have a significant pull back. The Market is due for a cycle adjustment. What out for this week. What will be the catalyst? AMC? GME? Bitcoin? XRP? ETH? Tesla? Apple? Google? Facebook? We will see?
