As we can how the markets have been respecting these Major support and resistances since years covering every major crash . We can see that currently we are testing the resistance and showing possible signs of rejection which makes me think that the markets have topped out and might become bearish from now on . On the other hand , It will be very bullish if we...
The current rollover in the market, featuring a clear double top with negative RSI divergence, is remarkably similar to the February 2020 & August-September 2008 rollovers. My opinion is that the current rollover will resolve with a large move to the downside in similar fashion to the aforementioned time periods.
Now TESLA is on crucial level now, let's keep eye on important support level .
There are two scenarios I am considering in AMD 1. Bull Case:- They come up with good er then it might push upto 68ish area and complete the w4-5 2. Bear case:- Er is bad then bear flag might get triggered and flush upto 48 area. Regardless of ER, I think one more fresh low will be made in AMD.
Markets will tank early 2023, I could care less about going in full description for you blokes but believe me or not it is the inevitable... so long 13 year bull run...
In this idea I love how easy this is to see what is about to happen here. Real simple pattern. I don't trade stocks, but I can see the patterns in any chart. If you agree throw me a like and follow me for more charts and concepts that keep you in the gains. Much Love to my Supporters ND
As per Global sentiments & war like activities maket making swing lows. Keep bagpacks ready to invest in discounted price 🤗
SPY In this 2009 weekly chart, we saw the ff: 1) dma 50 x dma200 (deathcross) also wma20x50 2) price created a low, then bounced up to retest dma200 (wma50) but was rejected down 3) price went down back to retest that low. (The present low was the June low around 3636, a major decision point) MAJOR RISK AHEAD: Now we have to see this week if SPY will recover 3636....
On April 23rd 2022, we posted this chart stating that the S&P would hit 3320 for a completion of a harmonic pattern. At that time S&P was at 4297 and today is it at 3585. How did we see this coming? 1) There was a massive reversal sign on the weekly timeframe showing that it had topped at 45xx. 2) The huge harmonic pattern setting up 3) Massive divergence...
Dow Jones Index has showed a monthly signal not seen since 2008. The price action that has currently developed is very similar to the beginning of the 2008 crash. In fact, the next rally (if we get one) can be the final "make or break". See the chart comparison between 2008 and 2022. I'm not a perma-bear nor do I ever like predicting crashes or waiting around...
AMEX:SPY Let me explain why is everyone is talking about SPY going to $320-$310 levels. From a pure technical point of view.We have hit $320 support levels three times.June 2020, Sep 2020 and Oct 2020. So this is a natural support level . From an Elliott point of view we are in a WXY correction, more precisely in minor wave A of (Y). And the most common...
Yesterday I published an idea and emphasized BTC is going to reach at least 19k (the link is mentioned), and now we see that. stay tuned
2008 vs 2022 CRASH CORRELATION 2000 vs 2022 CRASH CORRELATION 1973 vs 2022 CRASH CORRELATION
Spy Monthly curve... testing levels of support... once break, Fibs can be measured for retracements. ie .236 or .618 etc. see how next week plays out.
Market seems falling part , things can change in an instance , keeping this in mind the current structure shows it wants to go lower. Now removing the bias and inverting the chart you can notice like in an up trending market , that this is the 5th time BTC is tapping the $18,500 support level . Which in the case we lose the support the next three levels I will be...
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
i have made a detailed analysis, that why Nasdaq is falling, and based on different corrections, bear markets and from various crashes, i have made the support and resistance, which determines the supply zone. finally, the markets will not face any crash such, the Nasdaq is just falling because of the hike of interest rates, thats much. people and institutions are...
Analysis from 2008 market crash has been done and the market is in exactly the same point A crash of about 40+% can be expected over the next 5 months.