Yesterday was the biggest sell off on the US equities in over 2 years. We caught a great sell on SPX and also AUDUSD. The market is recovering from the big sell off. I see a chance to buy AUDUSD with a very tight stop loss below 0.6705. There is a harmonic pattern with M15 and M30 divergence.
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Traders, be aware that something is coming and take precautions.
This is a SPY weekly chart after the Friday FED speech signaling continued hawkishness till inflation drops to 2%. Spy has a history of making bulltraps (higher highs on this weekly chart) before plunging as seen in my several boxes. It was rejected by the black downtrend line from the 476.44 ATH (see black falling wedge) & also rejected by the horizontal neckline...
The software industry will not be the exception, billions of dollars in overpriced projects, unicorns being born every month, thousands of employees hired, the bubble reached unsustainable levels, now it has burst, the vast majority of projects will go bankrupt by 2025, those who survive will be exterminated by 2030. 🤭
The data shows a big crash until 2025, those who survive will be in a coma by 2030. The growth rate that the video game industry has had is unsustainable. As soon as substantial losses begin, shareholders who jumped in to make a quick buck will switch their investments. In the world of vintage gaming, there has always been talk of the retro gaming "bubble": the...
Rather than discuss a bunch economic issues and current monetary policy on reasons this is more likely than not I will just post these numbers and let everyone make there own conclusions: S&P 2007-2009 Top to 1st major low: 161 days 20.53% Bounce and rejection of 50 MA: 63 days 14.58% Top to bottom: 511 days 57.12 % S&P Current Top to most recent...
I have noticed that William Delbert Gann's stock market prediction of 1929 could be very similar to Bitcoin's current price movement and decided to make a comparison. The result was shocking! Gann managed to predict the crash of 1929, also called as "Great Crash" years in advance.
Hi Traders, Nasdaq (NDX) Has been consolidating for a few weeks just below 12200. Price has revisited this point multiple times and has failed to push further. Looking at price action we have a clear untested resistance at 12545 Which I believe has a very high probability of being hit. Understand that this is also an order block and I am more than happy to...
#BTC 1D zoomed out view - 19k acting as major support which is coming from 2017 highs. - If bounces here at 19k the next stop probably would be the 28-30k resistance region which was significant support previously now flipped into resistance. - Losing the 19-17.5k support region will trigger more downside move till 12k
Oracle Intraday - We look to Sell a break of 68.29 (stop at 71.31) The primary trend remains bearish. A sequence of daily lower lows and highs has been posted. We can see no technical reason for a change of trend. We expect an initial move higher to fail and look to set shorts on a break back through 68.50. Our profit targets will be 60.09 and 58.00...
The stock market loses all value -80%, all thanks to overvaluations and free money (aka QE ABUSE), market manipulators start shorting USDT, we are not affected by these cheap tricks, they only scare shaky old ladies. 🤣 Could you at least bring someone who's scary? I make a lot of money when everyone has a wet diaper. 🤫 Enojoy the trend. 💎
Hey all, I'm noticing many market-moving names are repeating the redistribution patterns they made leading up to the fakeout rallies and subsequent moves lower in March of this year(Namely AAPL , MSFT , AMZN ). I think NVDA is setting up beautifully for a rally higher back near the $210 zone where I fully expect it to reject and breach new lows in a violent...
Since last week I have been warning that there will be a short oversold rally after FED testimonies in Congress & Senate but the worst is not yet over despite retailers rushing to buy the dip & exchanges trying very hard to keep BTC above the impt 20k in order to prevent mass selling. NDX Nasdaq 100 has been making a downchannel since it turned down after...
Last year May we saw a potential crash for the Dow Jones 30 due to inflation fears and now what we predicted is finally happening. In our analysis a year ago Dow 30 was trading at 34,644 after reaching highs of 35100 we saw a potential sell signal on the 1W chart which was the formation of a bearish harmonic. this halted our longs and swings on the Dow. So...
Traders, What I am seeing on these charts is shocking! Let's dive in. - Stew
The market is in turmoil, but we can still make money as we follow the trend. AUDCAD is down on every time frame. We will sell this now based on the pattern and expect a drop of 80 pips.