Cycles can be identified by a curved rise, then a large pullback back to the average, dipping below the average, reclaiming the average, then dipping below again, and then reclaiming, then the next cycle begins Cycle 3 in progress Jump on the train while its hot "roaring 20s" Looking for the 11000% increase before the fall occurs Purgatory possibility is there...
A longer / bigger time frame indicates a huge shorting opportunity, I've missed a couple of shorts but bought all the way up and knew there was upside still ahead, gamma squeeze anyone? What do you think?
Nasdaq en-route to Correction to 'C' wave around ~12K target point.
The month of March and the first quarter of 2021 are coming to an end and there is a possibility of an April correction. Not in every market, but at least for the Nasdaq100, I can't argue it away at the moment. The RSI has a double divergence and signals weakening momentum. Therefore, in my opinion, we should wait for the end of the month and the end of the...
This is a great example of how a Head and Shoulders pattern looks like! $12100 is my first target! If you are interested to test some amazing BUY and SELL INDICATORS which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Most likely a Crash. Here is the Nasdaq100 from this post Here is the DJIA
Yup guys, it's soon there. Probobly a last squeese up to about 13.600-14.000 area. Then get set for a new dip. Get ready :)
as i said in my SPX post America is doing the worst job at managing the economy thanks to trump wanting to win on how " great the economy looks" good luck trading
Hi guys, we've had a great run upwards since the double bottom at approximately ~10700 levels. I've drawn some new lines that could show us the way forward. However, this idea is going downwards. If the fiscal stimulus goes through congress and gets accepted, i believe this channel will be invalid. However, if it fails the coming week, we will be ready for a...
About 30 Million Workers Are Collecting Jobless Benefits. The number of new claims for unemployment benefit jumped last month to 1.4m. That’s worse than expected and the first week-on-week rise for four months. We can expect a reflection of today`s news in the overvalued stock market. Sell-off accelerates also because of escalating US-China tensions and faltering...
Before the end of 2020 the mega crash of stock markets will be imminent.(If Tom Demark counts 9(max)) In 2000 bubble crash was 83%. This time MMA200 will be broken if the same percentage loss happens. Jump on to limited assets: XAU, XAG, BTC Further reading & watching: www.cnbc.com www.youtube.com
This just lines up so damn perfectly, one more rally from where we are and that's it, MAYBE a throw over to fakeout but I don't think so, I think it will stop there and I'm going all in on shorts.
Here is my thought, we might be seeing a trend reversal on the nasdaq, to be confirmed on monday by : - An opening much lower than friday's close creating a weekly gap, - The definite crossing of the MA20 (which has been struck on friday), - Crossing of 1H MA200 and 4H MA50, - Crossing of daily RSI 50 value, - Breaking the dotted pink support line. Next supports...
here is my thoughts on a possible $QQQ short in the next week or 2
Remember that SPX and VIX decide what NDX does. NDX will need the green light from those instruments.
Potential, "last" short opportunity i NDX, - Gap closed - Supply zone on weekly - Resistance, trend channel
Looking at NDX vs. inflation. Looks like in a better shape than SPX (higher highs, higher lows) with - if it breaks current level - a continuation of the bull trend until end of September / beginning of October. My interpretation of the chart is that a "double top" might be found at this point (0.5 fib from tech bubble in this chart, around 10.000/11.000 pts level...