I touched on the TRIN already here... Wanted to take another angle. Since the bounce, it has followed almost exactly to a megaphone pattern. Those horizontal red and green lines are the indicator default, above red is SELL below green is BUY and in between in HOLD. This is leaning very heavily into SELL and consistently holding PANIC SELL levels (>2). We'll...
Lets find out if history will repeat itself or how far it will diverge B). Indicators and history signaling this spike has lots of room to run.
I just duplicated over the March crash and volume trend. Mostly will be interesting to see if it follows a similar pattern or takes a completely different form of crash. So far volume is a near perfect match! Check that DPO holding strong while RSI indicators tank. This market got a long way down to go. Let's see how it plays out B).
Haven't updated my main full-scope SPX chart in awhile. Already hitting my predicted resistance, I just added a couple additional red lines to account for it eventually dropping all the way down to the yellow lines. Yellow = Long Term Trend Supports (Strongest) Green = Major Horizontal Trend Supports (Stronger) Red = Support/Resistance Points (Strong) Lets see...
What a coincidence! Market stuck at one of the final support/resistance points before the top on Thursday. Gap up was necessary to clear it and keep the FOMO pump going lol.
Just posting up a clean and more refined version of my idea from yesterday... And my idea from last week: The data points to these being our best value ranges. My best pre-election low call is 2100 and it's going to come sooner rather than later. We could still see a swing down to 1600 but that would happen after the election not before. Let's see how this...
I don't know what this really means, just got a tip that it's odd and wanted to bring some clarity for those who do understand.
I've been calling this for three weeks now and been holding most my TVIX since May 18th among other inverse plays. Just made some revisions to my OG idea and cleaned up the lines a bit to try to dial in the up spike here. Here's all your entry and exit price targets from May 26th: All that holds the same today. TVIX still much better risk/reward than VIX. We...
🤔 Might be about that time! Spx500 ascending wedge coming to a Squeezing point. Line up the Crossover strategy and the ema dots, take entry and play the breakout. Easy calls. Good luck! 🎲🎲🎲 🥇MLT | MAJOR LEAGUE TRADER
Both markets holding right at the primary pre-crash support. Seems it's getting harder and harder for people to short below this level. Even TVIX dropped to $108 and popped right back up to $120 no problem. Very sticky support. Still waiting for the pop. Every day further we get past the down-channel, without falling back below means the odds of a market crash...
Boy am I glad my portfolio doesn't depend on Papa Powell delivering an optimistic report tomorrow. No doubt the spin will dominate but pop should fade quick. Hard to find sustaining good news and optimistic data these days. Gonna sleep peacefully tonight unlike the perma Bulls out there haha. That high ADX cross with fast dropping ROC and dipping DPO is strong...
I've said my peace, just keepin' it real. Lookout for the green supports on the way down. If we get a Fed bump tomorrow, it will fade by next week. Crash is imminent.
Let's see if Powell blows enough hot air tomorrow to keep this balloon afloat! I'll be munching my popcorn from the safety of the ground B). Do you see the pattern?
Shhhh... it's okay, it's okay... just let it happen. The harder you fight, the more painful it's going to be. Better get your shorts in now before the programmatic selloffs kick into gear ;). Indicators ready to pop and we have the perfect catalyzing event. Bout to ride this bear to the bank... YeeHaw!
We're on the steepest uptrend in this whole irrational bull market since September 2017. Yesterday ended exactly on the 5 year (roughly average) trend line and possibly started the bounce off and reversal today. Not only that but it also happens to be the exact center of this latest upchannel. Price stretching harder, higher and steeper to try to keep up!...
İf you like my ideas or have your own ideas to share on this market, comment below so that we can discuss. The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. Fikirlerimi beğenirseniz veya bu...
Lots to love today. We finally got the upside trend breakout we've been looking for for two weeks now haha. 1st bar today punctured channel and closed exactly on the support and second bar brought it home for us. As promised, I did reup a little here on all my short positions based on that breakout. This is a small but critical TVIX milestone for all the...
This is a joke of a bull run. SPX, VIX and TVIX should not all be setting new local highs together lol. Gonna be a weird week I'm sure. Please have more faith in my yellow channel line than I did, once it breaks that line and holds I'll be upping my position further (strong trend change signal). Until then in holding pattern. Price floating around between...