Given the correlation of the rest of the stock market indices. We are going to expect one of the biggest flash crash in history.
We are currently falling from the top of the biggest MJ bubble in history. Given the recent sell-off, my educated prediction is a possible outcome in the next week or so.
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.
This is my view on the SPX500 I believe there will be a last effort to drive prices higher; one to two more extensions which target the 127% Fib extension and the 168% Fib extension of the last bullish range. I also see the start of a strong divergence in the RSI(14) and there could be a third maximum peek to complete the Fib extensions mentioned before. Trying...
Good traders stalk 90% of the time and trade only 10% of time. Quote me. :) :) In this screencast I run through several superhot equities on the monthly time frame. The higher time frames are often the cause of surprises for people' on 15min - 1H time frames. Then the end of the screencast I look at the VIX on the 2 hour time frame for signs of...
SNP500 – Resistance & Support: Resistance: 2835.00 / 2875.00 / 2920.00 Support: 2785.00 / 2700.00 / 2600.00 / / 2500.00 / 2475.00 SNP500 – Summary: Expected to complete Intermediate B (red) correction at or around the 2835.00 Levels. Impulsive Bearish Wave expected to start at or around the 2835.00 Levels. If an overshoot and a Bullish Swing would occur, then a...
Allow me to properly introduce myself! My name is Richard and I am self taught trader, heading for the top. I have been working hard to predict big swings on GER30 ( DAX / GRXEUR). This article is just an example on what I'm capable of. My analysis is spot on most of the times. I get off track sometimes but I always manage to grab the Market's pulse when a...
by the end of august market is crash
Zooming into the 2H chart, the February 2018 VIX spike has been labeled as the 1st leg of an Intermediate Degree bullish ABC formation. Intermediate (A) (orange) presents a three swings sequence with its Minor ABC (red) sub-waves, in which Minor C (red) is unfolding with an impulsive swing. Moving into Intermediate (B) (orange) and the corrective patterns, the...
This is a quick chart looking at stock markets. We will do a more detailed version soon, but this will do for now. If you have any questions, comment below. Chart is self explanatory, bearish pattern with possibility of breakout upwards from resistance levels. Invest wisely.
Well I support I have to change my avatar to a grim ripper... Everything it about to dump... And my little dollars are going to skyrocket. Not that much trading opportunities yet, but when these weekly MA's get tested as resistance plenty of short opportunities. Right now the Yen is going up up up so I will probably short it if it keeps going (long USDJPY). Ye...
Bitcoin is going to go up and then dip. It will dip very low. Like 5000 dollars low. However it will take some time. Let's say, in a few weeks. Before that, it will try to break the symmetrical flag started with 2017-2018 market crash. Breakout attempts to 10-11k USD is possible. Going past 10500 USD could generate momentum for alt coins. However it won't...