Where to first? Sept 17 2021, Witching Day
We anticipated a retest of 15360 that hasn't occurred yet but NY has opened bullish, pre-sales have opened today on the new iPhones and will be in-stores next week.
Stop's at entry upon shoulder completion, as we could push down thereafter, basically, then a completed head and shoulder formation, creating a double bottom...
There is simply far too much Selling into any move up during High Participation
Chopping within these ranges are clearly Distirbution Patterns which prove to
We see this in the 2/9 move to 300 and then wild swings as the Algos are attempting
to compete, there are two timeframes they are attached too.
There is an intense variable over...
This idea is a continuation to my analysis posted on August 26:
It appears that the leg count and the similarities (so far) of the current price action with the January-February sequence was correct. If the pattern continues to replicate in the same way, then Nasdaq is ahead...
$NDX Target 14000
Look - I’m not trying to be "that crazy Bear 🐻" (I'm actually very market neutral"… I’m ALL for the market going up and up for ever and ever… BUT I look for patterns… Just something to keep in mind… And with the VIX this low I just can’t see the market holding at these levels.
As you can see the bubble now is exponentially bigger than 1929 and the crash will be much worse. Though I do not have timing on when this is going to happen, I believe it's better 10 years early than 1 day too late. If you study fib sequence, everything is saying the markets will likely top end of this year. Very dangerous times indeed. Please prepare...
Speculation for Macro:
These are the underlying conditions:
- Inflation expectations are what leads risk appetite. After all, who would hold or buy an asset expected to depreciate in value?
- Global inflation expectations turning down and have been in a downtrend for decades. Of course it is deflationary. If DEBT fueled GDP growth (for appearances over...
Idea for Macro:
- Free money is cut off at the source. China Credit Impulse turned negative > Evergrande is first to fall > Overseas investments downsized > widespread effects.
- China was the only productive economy in 2020 > driver of global economy (60% importer of oil).
- CN30Y is closely correlated to CCI > leads US30Y > leads US risk assets.
Following my most recent analysis on Nasdaq (see chart below), the Channel Up where the index has been trading on for almost 1 year, has traded to perfection:
At the moment, the price is trading exactly on the top (Higher Highs trend-line) of the initial Channel Up (blue) and if broken, a new...
In Tech Bubble 2.0, anything is possible.
On a serious note though - assuming interest rates stay low, money continues to be printed, etc. and the threat of the delta variant(s) continue to rise around the globe, ZM probably has one last leg up left in it before people realize how in the F did we give a video chat / conference call service a $300B Mcap Valuation
This was a requested chart. Everything you need to know is on the chart, thus I will not explain anything else here, but TV is making me type some shit out so this is just me typing some shit out so I can publish the idea. You're welcome.