TWO BIG BANKS HAVE COME IN FOR SUPPORT AND IN THIS CASE HEAVY VOLUME OCCURRED WITH MINOR NEWS AWAITING THE PHASE THERE PIVOTAL STUDY WITH ITS OSTEOARTHRITIS DRUG AMPION SHOWING MAJOR STRENGTH, BUT HEAVY VOLUME COMPARED TO 30 DAY LEADS TO BELIEVE THAT THE 30 DAY SUPPORT WILL NOT BE BROKEN AND WITH SUCCESSFUL COMPLETION OF THE CARTRIDGE REGROWTH PACKAGE NAMED "KNEE...
Hypothesis: S&P 500 (and the market as a whole) is approaching a series of consolidations: a) Consolidation 1: - signal: as soon as RSI begins to fall (past dotted yellow lines) - magnitude: ~10% - time: July 31st (possibly earlier) * The timing is based off of historical cycles. The current cycle is much slower than the 2002 / 2008 cycles --> 42% to 115%...
As of now, it should be pretty clear that we are on a rising channel. Given the fact that this is just the beginning of the long term bull market, there's simply no way we can clearly define which channel the market is following. In the graph, it is defined by the blue, red and pink lines. (With the pink lines as the least confident ones, best suited for short...
Market looking at healthy break (thank volatility) in long-term bear market. Huge pumps/Long being taken out. I called April 10th the lowest low, I see that staying like that for a while unless down-trend hasn't been broken. Good news, hype and some bitcoin innovations have lead to a small bull upbringing. imo, I believe that up to 650+ is more plausible and...
Reversal: 60 day window for possible Bull Run.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo worldwide. Today a trader bought over 2,000 5.9.2014 37 Calls for $.74. This gives the buyer of the Calls, the right but not obligation to buy 200,000 shares of stock at $37 between now and next week and they paid a Cash Outlay of $150,000. With recent sell-offs in UAL and AAL,...
This current bubble has overextended itself to ridiculous levels. This thing will come down, hard. Look for double tops and bearish chart patterns coming in the next weeks, and months. Tread carefully. To further this situation, gold and silver are sitting like a coiled spring, ready to pounce on this move. Check out my other idea here.
I have been adding to my silver position for months and months along this most recent bottom. At this point, silver seems like it has been beaten down to it's absolute bottom. It is currently sitting along the .764 fib level, which also happens to be the bottom of the donchian channels. The RSI is as oversold as it was at the beginning of the '08 bubble. Bullish...
What do you think? Will the btc/usd move like this in the next days?