1 trillion dollars in my analysis will be leaving the Bitcoin market, over the next 2yrs til the Apex is breached and we load up on C wave
Short Bitcoin, Long Alts
I will load up on #dogecoin for super cheap prices
Bitcoin target $35k, then $15k which confirms my analysis of money leaving the market in large volumes. mainly bitcoin
Seems like a bear pennant is forming.
Further market direction depends on the side that we break out of.
I am sour so i want to see a solid move down from these levels.
However, very aggressive buying is going on today.
Loaded SQQQ, SPXS, UVXY, SDOW and a some puts. Either getting paid or getting my ass handed to me.
So turning a few corners here, but the confluence is there as described on the chart
It seems we follow the fibs in the pitchfork seen
Target 5400 in april
If we bounce off 4365 - will go up to 4430 and if break above - 4600
If we do not hold - will go down to 4280 and if do not hold than 4100-4200 range
I want to see the downside but the market doesnt care about what I want
As per usual, I see breakout from the recent VIX spike we are retracing and providing liquidity to the market. I see VIX going to sub 20 next week and should be back to teens.
Short VIX and/or Long S&P is the play here
We all know what they do best - print like there is no tomorrow.
If 430 level hold and is bought, we will get out rally. Every guru and their subs are long to their teeth. There is cash on the sidelines. If that cash sees this as a double bottom buy the dip opportunity - to the moon we go.
If this dip is not bought, look out below.
2hr shows a death cross...
Would be nice to get a drop to 410-420 for a nice buy the dip opportunity into the year end
365 would definitely be a gift.
180 in 2023? Jk (not)
We will see what Powell and Yellowstein has in store for us.
There are a million reasons to be bullish and a million reasons to be bearish. You pick the side you want to be on. I am 60/40 but may change my mind in...
🚨We are nearing a Dow-Sell-Signal acc. to the new Dow-Theory🚨
We had a drop of more than 3% S&P and Dow which is causing a secondary reaction. If the S&P stays below $4400 the secondary reaction is confirmed.
This is the FIRST step acc. to the Dow-Theory system by Jack Schannep!
The economy is still in a major post-pandemic depression and many S&P500 companies...
Beautiful harmonic bouncing on the SPY . This will be a classic breakout, pull back, continuation pattern. The 30,50,100 SMA's are wide and healthy regardless of the noise and hyper evaluations. The trend will defend but a correction is due... we all know it.
AMEX:SPY had an interesting retracement yesterday. If we apply fibonacci, we can see how AMEX:SPY will soon enter the fibo pocket highlighted on the chart.
SP:SPX had a solid retracement today and while the situation may seem bearish on smaller time frames, if we switch to the 4h time frame we can clearly see that technical analysis suggests we are still in a bullish trend. A rejection happened at the support level of 200 EMA. Last time SP:SPX broke the 200 EMA support level was in February 2020, just before the...
Here is the Price Target we will most likely in Monday - Wednesday. 50 Day Moving Average is creating support for the downtrend, and once the price dips right below it, it bounces back up. 50 DMA is expected to be around 441.50 and the lowest price we should reach is 439.50 - 441.50. If we take a look at the Short Squeeze Momentum Graph, we can see that we are in...
Price tried to break lower but got reversed & broke higher.
This has trapped a bunch of seller.
When they exit, it'll create a bullish trade idea.
We can trade along!
