Looking to play tech for a bounce here. Demand Zone is sourced from 60-minute chart within the context of longer-term timeframes. As overarching market structure is somewhat of a concern, look to harvest short-term profits quickly and leave runners for intermediate-term swing long if able. Safety first!
I am now moving to 100% net long in dia spy and qqq we now have a p/c model buy and we have the 55 daycycle the CRASH cycle is today sept 21 all crashes have been 55 to 62 days from the peak the peak was july 27 th I will now look for a sharp rally to above 4541 and then will assess but fell that the final peak is oct 16th week plus or minus 3 days at...
CAPITALCOM:US100 tapped & held above confluence.
US Flash Manufacturing & Services PMI release could bring in some big swings in either direction...however intuition tells me majority of implied volatility will manifest next week with US data points:
Wed - CB Consumer Confidence
Thurs - Final GDP (q/q) | Unemployment Claims
Fri - Fed Chair Powell Speech | Core...
Welcome to the daily how to make money online with stock market Mega Cap 7 Tech stock, Nvidia Microsoft Google Apple Amazon Meta Tesla Stock, Technical Analysis Show where I break down the price action and let you guys know what the most likely scenario I think will be going forward.
00:00 Economic Data, Rate Hike Data, Sentiment data, AAII Data
03:25 QQQ...
Take note of the fakeout above the channel. I caught myself getting faked out and took the loss for $50. It's good to admit when you're wrong and learn a lesson for next time.
Descending channels are a good sign if you're looking for a reversal. They usually carry on for a while and break upwards. There of course is the rare occasion that they break...
New update.
It seems like markets have found themselves face to face with reality. The bear market rally seems to have run out of steam due to the amounting economic and inflationary data. Simply put, I do not think markets can rally from here, based on:
RSI overbought on 1W
MACD Crossed on 1W
Food prices are at 18 moth highs according to UN.
Fuel...
Dr. Michael Burry, the famous "Big Short" hedge fund manager known for accurately predicting the 2008 subprime mortgage crisis, has apparently found a new "Big Short" opportunity
betting more than $1.6 billion on a stock market crash.
In line with a bearish macro view, Dr. Burry aggressively trimmed his positions in regional bank shares and exited his bet on...
Welcome to the daily how to make money online with stock market Mega Cap 7 Tech stock, Nvidia Microsoft Google Apple Amazon Meta Tesla Stock, Technical Analysis Show where I break down the price action and let you guys know what the most likely scenario I think will be going forward.
00:00 QQQ Forecast
06:55 Sp500 ETF analysis
09:54 Tesla Stock TSLA Forecast ...
Elon Musk still sees danger ahead for the US economy if the Fed does not contain the regional banking crisis.
Financial blog Zero Hedge previously tweeted about the critical role of small and medium-sized banks in the US financial system — a hot topic following the sharp collapse this month of Silicon Valley Bank, a technology startup lender and the first bank to...
Welcome to the daily how to make money online with stock market Mega Cap 7 Tech stock, Nvidia Microsoft Google Apple Amazon Meta Tesla Stock, Technical Analysis Show where I break down the price action and let you guys know what the most likely scenario I think will be going forward.
Tesla is at an inflection point.
The chart still remains bullish on the weekly basis.
As long as it holds this inside weekly candle, price action favors upside.
Welcome to the daily how to make money online with stock market Mega Cap 7 Tech stock, Nvidia Microsoft Google Apple Amazon Meta Tesla Stock, Technical Analysis Show where I break down the price action and let you guys know what the most likely scenario I think will be going forward.
- Stock Market QQQ & SPY in a neutral trend
- Stock market hourly trend will be...
