SPY is currently forming a common W pattern, which occurs more often in the midst of a bear market or a transitory stage of the market. Its also currently trading within a wedge on the hourly chart pictured below. See also the 15 minute chart, and the wedge it may break soon. The chart indicates multiple bullish influences, and I will be long SPY this...
Gold May Seasonal (2008 to 2021) Bullish: 8 Times Bearish: 6 Times May Stance: Bullish GOLD After making a double top of 2070 - 80, took the beating and come down. The breakout level is still intact and we remain watchful on the price action. If it manages to break above the cup and handle pattern the shinning commodity will remains bullish for the years to come.
Last post did thorough search to figure out a demand that could hold, having market reacting off it with a change of character above, but didn't cross off it, now market playing off to take fill up an imbalance left out previously, expecting market to go bullish afterwards. But let's see how market plays out...
Sell im may and go away. - 2022??? Not every may was red. BITFINEX:BTCUSD
Does Bitcoin history will repeat itself and we will go in $75-85k range in May 22? Who knows, just probability but when i watch funding rates and open interest is super likely, imo.
Fractal shows lead up to May, looks like we have some more upside remaining after a slight dip in the market. LONG following a Short correction.
I am sure many have heard the saying “Sell in May and go away” in recent weeks. There is certainly a lot of evidence that May and the months that follow it do not have great track record of performance-- www.isabelnet.com www.isabelnet.com But does it mean BEAR MARKET? And are there any Seasonal Plays we could take advantage of? I think so. Some...
Hi All So there seems to be a LOT of bullish sentiment about a market recovery RN So lets look at the charts... Focusing on the DAILY chart here. *Ok main thing here is, we broke the daily EMA for the first time since March 2020 market crash, we are still technically in a bullish upside channel, but the thing is the MACD is still below the EMA ribbon and the RSI...
Bitcoin price has crashed and yes it was terrible. An over-leveraged derivatives market that was already on shaky ground just collapsed and liquidated 3 billion in a matter of hours. This cascade has happened several times now, and may be a stark warning to the type of volatility we'd expect from an over-saturated, heavily leveraged Bitcoin. Either way, the...
When I charted this 2 days ago I did not expect we would try to hit the target low in one daily candle.
Risk 0.5% and volatility 50%. we hope it can growth 5 times minimum at 10 years. at least we hope it can give us 50% growth in 1 years
Risk 0.5% and volatility 50%. we hope it can growth 5 times minimum at 10 years. at least we hope it can give us 50% growth in 1 years
If the market has been going up, it''ll continue going up. If it has been going down it'll continue going down. In this case it has been ranging up and I assume it'll continue going up and it also broke above the Daily resistance zone.
Few understand this, 5/4 is a big day. MAY the FORTH memes are gonna send this one to the moon. How many hints do you need? MAY 4 MAY FOURTH 5/4. Few understand. Too few. 5/4 This is not financial advice. NFA
Will the stock market adage be true ?? Sell in May and go away This is no advice, but when looking at the TA of the chart and keeping the adage in mind, I'm willing to post this idea and say, be careful with TSLA at the moment.
The highest price until the DogeFather TV show (8 May) is $ 0.8 161.8 Fibonacci