We are getting to that specific, and delicate moment in time, where things can go from one extreme to the other. It would depend on the hand that moves the market. No one may predict specific targets or how things are gonna go. There are going to be external factors that would affect one way or another. History have shown us that. Im a guy that believes in...
This is a fascinating chart. Since 1985, the NASDAQ 100 Index has been consistently outperforming the S&P 500 except for 2 years following the bursting of the Dot.com Bubble. Also of note is the well-defined downtrend line that has been tested several times in the past, and is currently being tested again. The ratio is currently near the same level that marked...
2 entries (one aggressive and/or one filtered), at the end of the two biggest previous crash... I bought NDX at the closing price (15018), with a stop-loss at -3%, and I advice to put only 20 to 33% of the money to have a risk below 1% (the past weeks were all doom and gloom and we do not know for sure what could happen next...) If you want to download an...
Recounted NDQ and find it hard to imagine we fo not at least test the weekly ema 100, with the fact that yeilds are still heading to 2.1% USD is heading to $98-$99 & TA patterns show a failed bottom ST TL.. So probably we have a bearish Feb to start and bottom around 13,000
We could to have this correction. The correction is necessary, pump from 2009@2021 almost 13 years.. Need correction -50% now and bullrun next.
Here's a different view of the bitcoin vs nasdaq fractal
We always here on the financial media of the inverse correlation between US 10 Year yields and the major stock indexes. Understanding this correlation may give you insight as to how to deal with a rising rate environment. In Tradeview, you can easily compare each index with the 10 Year Yield (US10Y) to view how they correlate. For simpicity I have done this...
The bottom trendline of the major weekly channel held with the most recent push to the downside. This indicates the presence of institutional demand and the chances of new all time highs is good. There is also the formation of a bullish corrective structure as indicated by the green flag. This does not mean that there is no longer downside risk and I will be...
Tech sec looks good and bottomed, crypto as well looking bottomed. Think we are fully reloaded for 17k NDQ. Yeet
Ever wondered why your stocks keep going down although US Indices are at an All Time High? Here is (most likely) the answer! I've managed, with some degree of inaccuracy, to extract Nasdaq100 companies from the Nasdaq Composite Index . This basically represents all stocks on the Nasdaq Exchange excluding Megacaps and SuperLareCap stocks. The result is truly...
I believe the history will repeat itself. Nobody knows how it will happen but the best thing for anybody to do is to diversify.
looking at the 1hr chart, there is a classic W pattern formation going on here. December was a tough month for tech, and looks to be finally recovering. This weeks moves show a break above the prior down channel, with tightly wound consolidation. TBH I see this going in either direction, but with the tax loss harvesting done for 2021, my money is on volume buy-ins...
For decades the Barron's big money poll tries to gauge the psychology of the market conducting a survey of the fund's managers, every 6 months. I plotted on a chart the results of the last 7 surveys. In the callouts are the titles of the results . The line represents the bulls forecast (in green) and the bears forecasts (in red) , using their estimated ...
Hey 4 hour trade same as s&p500 dump, mean reversion and healthy correction for some profit taking.
Notice the BTC orange line is almost exactly the same as US10 yr rates, so rates up BTC & stock markets up rates down BTC & stock markets down.. recently dumping rates 1.34% needs to hold or things in the stock market & crypto markets could get ugly.
DXY has another push coming, I would say $98.20-$99 blow off top, problem is H1- H4 are overbought and I cant be sure if DXY takes a LTF dump B4 the blow off top or it's just a LTF dip B4 the mega push to the dollar ensues & most likely this blow off top coupled with 10yr rates dumping to 1.2% or even lower to 1% will likely be that 4400-4500 SP500 dip & 15,100...
looks like margin call ? i hope no lol, better take the day free today