Hi guys after Friday rout there are new developments in stock market indicies. Last week price action on AMEX:DIA formed bearish reversal pattern buying climax above upper megaphone pattern line at the top of rising wedge. This rising wedge is 5th Elliot wave which is signaling trend will reverse soon. As you can notice in chart last week realized volume was...
These important sectors have not been booming for over a quarter (no Robinhooders around these sectors, and not worth a Reddit meme) - - Telecommunications: T, VZ, TMUS - Quick service fast food restaurants: MCD, YUM, WEN - Consumer Staples (ETF is XLP): household products PG, CL, CLX: food MDLZ, GIS
The market was extremely bloody last night, where we saw $TQQQ trading at highs of $98.07 at one point and subsequently closing at $87.90. I believe this can be attributed to the rising bond yields trend we are currently witnessing, particularly in the 5 year and 10 year treasury yield. Between the start of February 2021 to February 24th, the 5 year treasury...
The crash is near and I am curious what crypto will do this time. The market behaves in waves and parallel between waves can be used to predict future instances. That doesn't mean it will come true. However, it is necessary to be cautious and balanced between greed and fear. The reason for this massive correction will be - Three O's: 1) Overleveraged 2)...
I know that most people hate Bearish analysis, BUT I have to share this with everyone VIX - is the volatility index of the stock market. The higher it gets the lower the (overall) market gets. It basically indicates uncertainty in the Market. This graph above indicates that the market might continue to go down. As you can see the VIX is getting ready to set a...
Hey there, thanks for reading my idea! This isn't financial advice. Remember to do your own DD. Investing is risky. This is connected to my "Feeling Overextended?" idea which can be found here . An important metric to watch when determining whether a recession is imminent is the inversion of the Treasury bonds yield curve. Most specifically, the 3-month, 2-year...
The last test of the weekly trendline in EUR/GBP was the March 2020 Crash, thats when EUR/GBP spiked up 1200 pips within a few weeks. Now price is moving close to the Trendline again, could this be a indication for the S&P500 Crash, i think so. Those that follow my Charts know that im looking for a Market crash in the next few moths, it seems like This EUR/GBP...
Everybody would like that know that. Although VIX is in principle a forward looking index it is a poor predictor. VIX volatility has in fact been shown to be highly correlated with backwards looking volatility, not future volatility. So let us take a look at the past then, a full 13 years full of different kinds of crises and crashes. As can be seen from the...
Now that we know the virus is not going to get even remotely close to what the models were projecting (for now). I think it’s relevant to compare this V-shaped price recovery to the December 18 market plunge. Dec. 03 peak to Dec. 24th trough = we plunged 17.10% (in 3 weeks) From that bottom to Jan. 18 peak = we rebounded 14.74% (25 days) -->We recuperated about...
First off this time is not different. It's all same, all market psychology. After all, we are human beings with similar greed and fear. Why you may ask? Simple Reasons: 1) Market will go through a disinflationary bust. Every asset will regress to its mean value or below. 2) S1F and S2F models don't take into factor black swan events like this and I believe in...
DONT TIME THE TOP! I post these charts as a warning to be catious, i barely trade puts bc we are in a rally and i will enjoy and make money every day of it with all these great opportunities instead of getting killed by going against a trend. However, this is my big short plan, i'll be adding into this position with the first sign of a big rejection as a...
Video breakdown on $SPY going into 2/3!
While everyone in the social media is talking about another market crash in 2021, and the inverted yield. DJI is showing signs of weakness and volatility which can continue for some time. Scenario 1 - downtrend: DJI broke below the 100 moving average, it has also broken the daily support trendline. This indicates either a downtrend momentum is happening or a...
Everybody's talking about market crash. We have 4 warning waves now. The 5th wave could be the last one.
If you look at the chart i posted earlier. Well here's your breakout :( I took a lotto 6/18 50c @ 1.00 and sold for @ 3.50 just now. Lets see where the market goes from here. Be patient and ride the trend!
Hi mates, stock market is probably near top and next huge market meltdown is next door . Why i think so?I want to share with you some pieces of my analysis: 📌S&P500 vs. Utilities sector ratio It seems it could forecast short and mid term corrections in stock market but it looks like its good indicator of broader market cycles as secular bear/bull markets. A...
This is my first time charting UVXY, not saying i'm freaking out but i'll look at this chart every single day now bc its scary.. Copy the chart and look at smaller timeframes