More data is needed to assess Risk/Reward.
Spend time learning good basic economics that applies in the real world. Not what is written in textbooks or theories.
Be careful of pump and dump Bots! More data needed to find good key risk-reward areas in All asset classes.
Ok after about an hour of breaking this down every way possible I finally see something recognizable. Theres a combo(what I call repeating moves I see in price action. Over the last 9-10 months I memorized all kinds of combos and this is the Deep V Drop move. There is a chance it can rally and go long when it pops up to hit the Upper BB. However, thats a...
Video up date on the major ETFS as all of them are pushed up against resistance.
Video breakdown on all major ETFs. They are all showing the same setup, which in some ways concerns me. Some catalyst needs to be seen in the near future as we are sitting on major supports.
Spy, IWN, PFF, DBA, IWM, just to name a few ETF's with Anchored VWAPs.
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Hi traders, today´s video combines educational content and analysis of 4 major Indexes. BUT! We do not analyze them separately, but together - WE DO THE INTERMARKET ANALYSIS. It is this approach that will show you whether an index is overvalued or undervalued. How is that possible? There is a great correlation between them. Look a the NASDAQ guys. That´s the...
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Check out prior videos below to find out how we got here. HAve a great day!
Have a great day all!
The final part of the puzzle is overlaying a chart pattern that lines up with your fundamental view. Once all ducks are in a row (Macro, Economic, Bottom-Up analysis) we can look to Elliott Wave to help us to enter a trade at a low-risk entry point and take advantage of a high probability trade opportunity.
1) EPS growth rates for F1 & F2 2) Declining P/E 3) Strong liquidity on the balancesheet 4) Does the industry line up with the macro environment? 5) Adequate cash flow