My short on the DOW back in the beginning of February is paying off and you can bet that the market continues lower and lower. I'll get the next leg charted #selfeducate
So I have been tracking this pretty extensively, just haven't posted my findings (which up to this point have been spot on) until now... Why? Because this is such a far fetched scenario, I feel in the rare event this does happen - if I don't have some kind of proof that I caught it before-hand no one will believe me lol... Now, this is part 2 which is the 30...
So I have been tracking this pretty extensively, just haven't posted my findings (which up to this point have been spot on) until now... Why? Because this is such a far fetched scenario, I feel in the rare event this does happen - if I don't have some kind of proof that I caught it before-hand no one will believe me lol... Now, this is part 1 which is the weekly...
VIX broke out of triangle
Ok, so Bitcoin is correcting a lot, wait not Bitcoin, the entire cryptocurrency market is on a huge correction (people are selling an the price is going down). Billions of dollars are gone. Is this good or bad? What to do next? When to buy back in? What about the Altcoins? Good or bad really depends if you have a plan and your level of understanding of how...
I predict that the day Obama leave office is the day Dow Jones will start crashing towards 15,000. This is base on uncertainties surrounding trade issues and we haven't heard any solid plans from Trump on how he is going to offset the tax cuts to the corporations. Many companies are laying of thousands of people including Volkswagon which plans to cut 30,000 jobs...
Use it with benevolence and love. Use it to pursue peace and serenity. Keep in mind that Doing cannot do much without Non-doing.
Watch the lines for a good place to jump in if you are looking to long VIX. This chart helps us distinguish between fearless crashes and fearful crashes.
Watch the lines for a good place to jump in if you are looking to long VIX. This chart helps us distinguish between fearless crashes and fearful crashes.
Instead of looking at SPX alone, looking at this ratio is better for shorting stocks/longing VIX, because it helps us distinguish between fearless crashes and fearful crashes. Watch the black/light blue/brown lines above. If this ratio breaks above those lines confidently, get out of shorts and wait for a better time to do so.
Throughout the past year as the market swung up and down due to various news that supposedly influenced the decisions of traders, one thing that proved consistent was technical analysis. I use this method as my sole method of trading decisions because if you truly believe that machines and HFT is now prominent in the trading, then you have to believe that they...
With US market deeply os, bounce expected. Target (nearest one) - by arrow. BUT longer time frame - still BEARISH