Let me start off by saying I hope each and everyone of you are safe and healthy. Some of the craziest s*** has happened within the last few weeks including oil futures going negative -44 per barrel. While everyone is distracted with the FED throwing in fridge after sink and the economy halting, a lot of people seem to have forgot about earnings. Knowing earnings...
Is the next big crash starting? OANDA:SPX500USD I've been watching the S&P closely for the last month during our recovery phase. It's been a great ride up, but today it's starting to look like the cracks are once again forming. The below analysis is as I see it. This is not advice. Please do your own research before entering any trade. Signs of a potential...
This is how I see the S&P500 playing out. Nice counter trend rally and looking to complete an AB=CD retrace. Just a simple overview of how I see it playing out
Market ready for another leg down and will make VIX go up. Target 58-60.
Almost the entire world is on lock down and Uber is valued where it was in December 2019 pre Corona crisis, which is ridiculous. The stock market melt up is most likely done for wave 4 and will soon begin the final bloodbath of wave 5. Don't take this as financial advice, as the FED is pumping trillions into these markets. Anything is possible and all my...
Just doing a bit of analysis and you can all see what I think I've found, so this begs the question is the bottom in on stock market? And if yes the market has in fact bottomed WTF is going to happen in 2-3 years from now?
Kirkland Lake is down 40% from gold's September high of 1550 yet Gold is pushing $1700. Its down 18% from the market meltdown. I suspect this means that if gold gets sold in the coming crash that the dip in gold and gold mining stocks will be limited not extended. It won't be like 2008. A 60% correction from September's high puts Kirkland at $20/share. I will be...
I believe we will get either a blow-off top in the S&P or a fundamental event that kills the expansion, sending price below the magenta rising support line. If the Fed is too slow to expand the balance sheet, then stocks can correct significantly until the Fed eases adequately. If Trump wins and the Fed expands their balance sheet in 2020 at a fast enough pace,...
Hello everyone, This is what I am really thinking for stock markets, the top of the 2008 housing bubble is lined up almost perfectly with my bottom trend line. With the recent move up last week 20% was a bit challenging for me since I am short-med term bearish. But I feel it was just a LH inside of a strong downtrend. Witching Hour was also last week. I think...
Halliburton looks ripe for a reversal here, after oil has dumped to $23 & the stock market has tanked HAL has touched all the way down to massive historical support and rejected. Buyers have sent the stock from the low $4 level back up close to $8 in a matter of 2 days, The 200 ema on the monthly is around $34 and seems to me like maybe another touch down to $4 b4...
MartyBoots here , I've been trading the markets for 13 years and I have see this Panic before What is unusual is that the Corona virus could have actually been used to manipulate the masses and even other countries Who needs real war when you can just create a deadly virus Anyway let me know in the comments what you guys think Please like the Video to...
I am currently considering where to place bids on this Uranium Giant. I expect the recovery will be quick once DJI hit 14,700 so who really knows what the actual bottom will be. Probably will have a super fast long wick to some outlandish price. But for some reason I feel like bids around .40c will get filled. Welcome any help here Fam.. If you have a TP feel...
In light of pandemic, the SPX Index will fall to levels defined on chart. Recession is now in session. Good Luck.
The XOP ETF has been shattered and we have gone below levels back to 2008-09 on our Short Term Oscillator. This sets up a potential snap back rally as the rubber band has been stretched to the downside to an extreme level. We don't give financial advice so please do your own research.
I honestly think this is a BTFD here fam the 10 yr looks primed to reverse. And this implies the stock market will boom long term heading into 2021-2024 when the yield finally tests the 200 ema and probably fails leading to another big crash. I think a Trump victory in 2020 all but solidifies this narrative that I am looking at here with the 10 yr
Possible NASDAQ chart on the monthly chart longterm