Apple based on current 119D movement. I still believe Apple is heading below $100 this year. It took a tad longer to see a drop because of corporate buybacks but that wont change the overall outlook for Apple. Apple's price move from 2018 downward coincides with the Feds tapering. The August 2019 rally also coincides directly with the Fed increasing QE in August...
We're taking a look at Apple here. This ticker has been known as a quality stock that investors flock when other tech stocks take a hit. MACD is playing right there in the middle and this could go either way. Money Flow Index is showing that there could be more up to go. Markets have been rocked by the recent banking crisis that is still not over. We're now...
Hello, NDQ is approaching the sell area, and I expect a drop towards 12k again. enjoy trading <3
Unemployment bad. Nazzy not happy. When Nazzy not happy, nobody happy. Unless You shorty. Directional is bearish on multiple TF ADX confirms sentiment 310/315 credit call spreads was the tool 4/28 expiry
As the famous billionaire said in December 2021 (elon), the "prophet" who is apparently loved and trusted by everyone. I don't know why... Disclaimer, SPX by itself will probably not follow this path, things are quite complex as you will soon find out. First of all, Recession is not something simple. Everyone talks about it, but it is not always meaningful. This...
The market has chosen a way to profit throughout all these years. This is the end of this way, QE lead us here... in this dead end. Equities was the "gold" of the time that passed. Now this is changing... If you read until the end of this idea, you will realize that a lot is changing. I will briefly analyze this chart and what it tells us. This is the ratio of...
Unemployment is tricky. You just cannot announce high unemployment. The political damage is too much to take. But unfortunately, the time comes when unemployment just increases... Every sane person would want the economy to remain calm for as long as possible. This is not sinister or bad. After all, it is in the duty of Governments and Central Banks to keep our...
The index closed yesterday forming a bearish engulfing candlestick after pulling back from 12,850 resistance. The bearish formation to be confirmed by an open today below 12,673.07 level. Next support levels: 12,460 - 12,300.
Spoiler alert: More evidence against NDQ in this idea! US Companies are organized in clusters, some of them are DJI, SPX, RUT, NDQ etc. Some of them are more trustworthy than others. And by that I mean which of these sets one can depend on. DJI is indeed a dependable group of companies, the so called Blue Chips. Composed of the 30 largest US Companies. These...
I have posted about this chart before, but I wanted to show it more clearly this time. Above we see SPX, the standard chart. Below we see a custom index I invented, which is VVIX/VIX. It is a neat way to make sense of the chaotic nature of VIX. To clear things out, I have hidden both charts and instead I show an indicator called WLSMA. It is tremendously helpful...
The anxious moment when your investment goes through a period of slowdown or drop. When everything is good, everyone is happy. Nobody thinks twice when a market is growing. It's at that point of the first lower-low, when an investor loses their sleep. And it can be suffering when insomnia is prolonged. The 2022 Recession will be remembered as the most confusing...
SPX vs Inflation is a chart I explained in the following idea. While this chart showed incredible golden-ratio behavior, there are some periods which stand out. The smooth dance of the ratio throughout the last 100 years, has some quirks (the red ellipses). These periods are not random, they all feature a bubble behavior. It is clear as day that in 1996 the...
This is not the 2008 Recession. This is deception. This is the Recession nobody remembers. SPX by itself doesn't show the entire truth. The monster of QE clouds your vision, clouds your judgement. It's strength, it's pressure pushes everything upwards so much. Too much... Until you are in a delusion. The 2020 Black Swan was not black. He was in the shadows. One...
Ah the beauty of Fibonacci... when after a painful recession for equities, we reach the golden ratio alive and well. The satisfaction!!! Now we can go all-in equities! Perhaps you are one of the lucky ones who bought the October bottom, then congrats to you! How much was your profit really? After all, this was a peculiar year... Yields massively increasing,...
Will inflation get under control? This is a question that spins on my mind. This chart clears the picture. On the top of the equation we have "long-term inflation", calculated by GOLD*PPIACO On the bottom we have the true equity value, calculated by modified-yields*SPX modified-yields = US10Y+1+1/US10Y. It follows the standard US10Y chart. This chart tells us...
Tesla $TSLA NASDAQ $NDQ $NDX US100 BUY/LONG ZONE (GREEN): $208.41 - $234.10 DO NOT TRADE/DNT ZONE (WHITE): $187.63 - $208.41 SELL/SHORT ZONE (RED): $113.06 - $187.63 Weekly zone from Mon. May10th, 2021 drawn to Tue. Feb. 21st, 2023. Multiple touches on zone on weekly chart occurring on weeks of: Monday May 24, 2021, Tuesday June 01, 2021, Monday June 21,...
Relative Strength Index, is one of the most famous indicators. If analyzed correctly it can show us warnings very early on. Look at this period between 2010-2014 for USOIL Price is supported by a very wide ribbon, while RSI is under significant resistance. When we are talking about such wide timeframes, RSI action is VERY important. One could say that RSI...
...must come down. Conservation of Energy We all know QE... The god-given gift which made everyone rich! Well, not everyone... Consumers sure took a hit. But who cares about them? We want corporations rich! And they got rich . And boy some of them did go rich... That's the beauty of the American Dream! Sure we were cheating... ...but look at all this...