The Bear Extermination mission is now complete. There are no bears alive to tell the story. Last winter will be written in the history books. But remember, history is written by the winners. After all the Bears got trapped, we are left with a market full of neutrals and bulls. The most extremist of bears are gone. Negligible now the effect of the baby...
complete failure of proposed idea 🤣 Ongoing anal: until ES/SPX breaks out above 4300 and holds, I expect that we get more of the same: Tech and Semis, insomuch as they relate to AI, headed higher, while the rest of the market lags. However, there are hints of signs that the market wants to challenge the status quo and move higher, but more work is to be done.... BoLTA
Greetings, A mirror to my tableau painted for Bitcoin, I surmise that the Nasdaq is engaged in the theatrical rendition of a cycle degree fourth wave. Historically, these fourth waves are prone to a tactical withdrawal into the realm of the prior degree wave four territory. In this distinct instance, the territory in question lurks in close proximity to the...
You are looking at the 1h chart of the NDQ. Based on my EWC it looks like this pullback is just another bullish retracement which could find support. We started pulling back after reaching 1.618 (iii) vs. (i) which is the most common fibonacci target for third waves. Questions are ALWAYS welcome, trade safe!
Price action discounts everything. The most important included. It discounts prejudgement. Price discounts everything every time... ...except when we don't want to allow it to change our hypotheses. High yield rates are synonymous with recession. We are convinced that high yield rates is the thing the majority hates. From this chart above, we conclude that this...
NDQ as showing too many signals on different indicators that we hace a trend's change. Let's see if It can reaches 12750 area in this short movement, but at least 12850 I think is really possible.
This is something I just created, not sure if it has any relevance yet or not, but still, may be interesting to consider further....
Wells Fargo has broken down the long term trend line and also retested the same. It can be shorted on rise below the trend line for a short term profit. Note: This is for educational purpose.
Ordinarily, I wouldn't contemplate them... but these *are* extraordinary times. - G-Man A bank just went broke, oops! It was certainly something we expected. With money literally burning, these kinds of events are expected. So what might be ahead of us? The rate-hike schedule went relatively smooth sailing until now. But just last week something changed... When...
Europe and especially Germany (the biggest power in Europe) have suffered this year due to the energy crisis. There is more background though... The US has performed well until now. This period of US dominance is failing. The chart above is respecting a long-term trend. Now, price is at the bottom with stochastics primed for continuation of the uptrend for...
Since there is a good closing above the bollinger band in the weekly and daily as well and the above supply area is tested already. There is a good change for the break out.
Spaaaaaaaaaaace! Let's make a quick party, also bring a cake to celebrate! Make it quick, because it's late and I am tired and I should be sleeping by now. We have reached the top of the world. Well, equities have. It is time for them to lose value big time. Their successor is here, bonds. I have talked about it extensively in my last idea. This is an urgent...
Possibly the last small push for NDQ and then all hell breaks lose. A personal take.
good morning, here's another idea for you guys - this one is quite neutral, and takes into account all of the current events which are currently taking place in the markets. --- nasdaq looks to have completed 5 waves up from the lows of october. (it could potentially go slightly higher to 13,666). >5 waves is either the beginning or the end of something - >in...
Citi bank is traveling towards the resistance @ 52. Once it touches 52, we can expect a short pull down to 49 or 48. Once it crosses 52/53, it will fly.