This is not a dot com bubble or a housing bubble, this is "Everything Bubble" which is about to burst.
The crash will potentially be quick and painful.
Dollar is about to collapse.
Covid cases will rise in september due to weather changes.
Stimulus checks will not be enough.
Smart money will start taking profits.
This is not an investment advice,...
In order to see how I got here.. Please click on the Private Chart started in May. Let's take a walk on the wild side of the unknown for a minute.. Ponder this for a moment with me...
Amplify 2008-2013 Fractal by...
Traders, SNP500 had made a remarkable recovery and this is about to make all time high. But this very well possibly be the max high for years to come. In this analysis, I present that case and also perform regular weekly analysis. In this top down analysis I start from 1 year time frame to all the way to 4H time frame. Hope you will enjoy it.
If you found this...
#DIS, another mayor US company on its way to recover the field lost on COVID19 crisis.
What it is amazing about this chart, is that it is creating a perfect theoretical bearish pennant. On the other side, PE ratio is indicating 40.30. #DISNEY is fundamentally overprice and validates a possible break down of the tendency.
MACD and RSI without a clear direction....
This article was written by the phenomenally talented acatwithcharts and edited by me.
I didn’t think this was 1929 until this past few weeks, but now it looks like that’s what this has become. The problem is that if that’s true, we might not even be done running the bubble up. Something’s got to give but I’ve also been saying that for 5-10% now, which, is...
Goldman have spoken
They say they think the market is still under priced due to the fact that they think there will be a Vacine approved for use by the end of the year and widely distributed by the middle of 2021.
They were the first to say Tesla would go to $1000 when it was $750 and it took off.
They also said Gold will reach $3000 and it took off.
Added on Aug. 4 as stock moved past high of Aug. 3.
Entry at 505.90.
BUY ZONE => $503.09 - $513.15
Stop loss at close below Aug. 3 low (490.23) or first decisive close below 5-day moving average line.
5% to 10% profit goal (531.2 - 556.49) or first decisive close below 5-day moving average line.
ARNINGS DUE DATE
Oct 16, 2020 Estimated
As with the earlier chapter on Nasdaq, the S&P500 similarly, if not more, appears to have been over stretched and first signs of stalling are in place. Currently on the target level set out previously, there are two main choices for this week... firstly, to have renewed momentum to push higher past 3400, or roll over and rest 3200 support.
Entry at 3275 - 3280
TP set to 3380
If old highs are run before entry is given, I'll wipe this trade call. The reason being is that the resting liquidity from old posted highs, really puts the odds in our favour on this trade.
Don't forget to check out my other calls made this week & wait for the price to fall into our traps for this signal to be...
Since March 23, 2020, a massive bull run in the S&P500 and other equity markets had beholden the masses, shocked the institutional and professionals.
Thing is, I noted a particular pattern or two here, as in the chart. First, there is a confluence of a pitchfork channel resistance and the regular horizontal resistance that maybe strong enough to stop the waning...
The rate of SNP at which recovered since the bottom on March 23rd 2020 is regressing into a logarithmic recovery (see blue line), which is similar to the bottom of December 2018, although not as steep as 2020.
In 2018 the recovery stopped when we reached the previous high around $2,940, then we saw a a fibonacci retracement to the second level ~$2,726 .
Traders, SNP500 has been moving as per our analysis and it has not turned very bullish. There are signs of a breakout on it. But there is also an interesting thing happening on it on multiyear time frame. Lets find out in this weekly top down multi timeframe analysis and forecast.
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FOREXCOM:SPXUSD A double top has formed on the smaller timeframe charts. Broader Outlook - A "head and shoulder" (currently forming the right shoulder) - to prepare for quite an interesting drop. The red lines represent possible support levels as the price journeys down. Comment your thoughts below
Just stating the very obvious, there is a noted shooting start candlestick pattern on the S&P500 futures, ES1!, weekly chart. This is typically followed by a down candle to confirm a turn. The candlestick of formed with a larger selling pressure during the week, despite attempts to proceed upwards. Buyers were crushed by sellers, and the week ended lower than when...