Search in ideas for "PLOT"
Plotting VIX Contango or BackwardationUse this chart to see whether the Front month VIX contract is trading at a standard discount (contango) or premium (backwardation) to the second-month contract.
My BBY Play. Momentum swing.Plotted, are my details of the trade. I like BBY to the downside before their earnings report. I'd like to cover a day before they report with hopefully a nice gain. Immediate price target would be to fill the gap around 36.42. From there, I think it completes wave 5 of eliots wave and hits the 32.88 area.
Mt Gox BTC Price GapPlotting the difference in price of Mt Gox BTCUSD vs other BTC exchanges. Could perhaps be considered a "fear index" representing the premium demanded by the market to trade on Gox. That is, for users who deposit and withdraw fiat from Gox, there is an implied concern that some negative event will befall the exchange, so those users seem to expect a higher price vs. fiat compared to other exchanges. And for the past month or so, that gap has been increasing.
If I can buy BTC privately (or from Coinbase, etc.), transfer my coin to Gox, and then sell those BTC on Gox for a higher price, then I make money. But because of the difficulty in getting fiat out of Gox, that trade is moot for most of us. Hence the built-in "fear." That is, I'm willing to take a risk by depositing my BTC at Gox only if there's a chance I can withdraw a $200 premium (at today's rate) per coin.
Note: For the BTCChina comparison, I subtract the closing price on each exchange in Yuan, and then I divide the result by that day's USDCNH exchange rate. Thus, the USD equivalent of the CNY gap.
Plotting long-term correction to Nov. rally based on April rallyThanks to @DanV, we can see the deviation experienced in both the April and November rallies, including how far from the mean the april correction extended to the opposite 1.0 boundary. Given a similar range on the peak of the Nov. rally at the 1.0 boundary, it would seem unlikely for the resulting correction to stop only by returning to the mean, and only during the brief moment of the bottom of the last panic sell. A longer, more gradual organic decline to a new bottom would be more effective in establishing a solid base for the next upward trend.
BTC heads up at 69k: not just a sexy number, but a Genesis fibPlot is a single fib series, shown in 3 timeframes.
69k was a previous top and for a very good reason.
IF we are to get a lower high then 69k may be it.
Chart is from Coinbase, others will vary a bit:
$ 69,096.20 is the exact level, topped last run.
$ 65,255.26 below is absolutely critical support
$ 72,937.41 is the next barrier to break above.
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Plot twist last nightBullish twist and price above a green cloud on the 4hr. Inverted head and shoulders on the daily. New ATH in the next 5 weeks. Who's comping with me? Price target between $75,000 and $77,000. Easily up in the 80,000s in the next month or two. Target is just the first stop on the bull train.
Coin's Cracks the whip on Fundamentals after Binance-BustPlot thickens for Crypto as USD's world reserve status questioned after Asian Conference BRICKS US was not invited. But, any actions appear to be a wait-and-see approach as political balance of power appears to be shifting to Trump as his support gains traction ironically after each charge is made a sensation by the mainstream media who openly admits to being told by official what can and cant be broadcasted did not expect this inverse effect shot themselves in the foot and now the cat is out of the bag and mainstream is now having a coming to Jesus movement and information is finally disseminating to the public who is overwhelmingly rejecting Biden and conceding to Trumps management of the economy and foreign policy and disenfranchised groups who condemned republicans and trump as a racist are now rejecting the claim after countless miss-information and lies they have been told and now feel the pain in the pocket book after recognizing they realized a loss after being promised to make the "rich pay thier fair share" delivered the best returns for the rich and hurt the poor the most in the form of inflation that acts affectively as a regressive tax because a tank of gas cost the same regardless. If prices go up due to inflation effects the percentage of income for the poor is more greatly affected by inflation from a cash flow standpoint vs rich (>$400k/income or $10M Net-worth qualification self assessed). The future of the dollar depends on a strong changes in leadership for America and to hedge this so the US does not turn into the Mexican peso in 1994 (after the S&L Crisis) or Zimbabwe or Greece (to name a few). Fiat currencies value ultimately derives from the ABILITY to tax revenues from its users and citizens. If that "ABILITY" proves to be diminished or gone completely that is the catalysts historically (i.e. S&L crisis review corruption in Mexican govt leading to a 5:1 MEX/USD to 20:1 MEX/USD that's .2 to 0.5 (~-75%).
Notice: Comments in this blog are for educational purposes only and one must not take as advice. If you are going to take advice from some random person on the internet then i will advise you to get an advisor and that is my advice. Respectfully, KW
A couple of "Key Levels" you can watch each trading day.Plot these levels on your chart and see how the market reacts to them.
Overnight High and Low
Previous Day Close
Gap fill from Previous Day Close to Today's Open
Premarket levels prior to the US open
Five min Opening Range
Initial Balance
These may be used for breakouts or rejection points, based on current market price action
Not trading advice. Do your own research.
S&P 500 - 4h MACD RSI analysis - Mixed day?Plot of the 4 hour MACD and RSI indicators for the S&P 500. By the MACD pattern there is still maybe 4 hours if not a day of upside. However, the general trend in the S&P and RSI are indicating a pull back. My analysis of the AD line also predicts a pull back today. Maybe the big tech stocks bullish momentum can hold the S&P up for one more day?
As always, the stock market is unpredictable. It is practically impossible to predict things down to the day or even hour. I am just trying to use as much data analysis as possible to get an idea of what is going on. Take my analysis with block of salt :)