Once in a lifetime opportunity.
We will witness a great decline, after the landing of the fifth wave. This decline will come in an "abc" type of correction and wipe out all the new and unexperienced investors.
In this last period, every stock within the Norwegian market has been booming. Would you not say it is about time?
Anyways, the fifth wave is very...
Hi Guys, as we can see there is some accumulation happening of Gold. Right now Wyckoff Method is playing exactly like the method suggest.
If you look at the Accumulation Schematic #2: Wyckoff Events and Phases, We are continuing the last accumulation Phase of D.
This bull run over the last year or so has been inside a rising wedge. On the 1 month chart we can see a beautiful doji candle which symbolizes the top. I am going to start shorting this trash, I expect a bloody month ahead.
Check the following:
1. Competition is on fire
2. Semi-conductors shortage (production slowing down)
3. Chinese EVs- Spacs all down
4. Tesla announced double the expected cars sales and the stock made a 5% move and then is sitting on the same prices while the S&P is moving to all time high
5. Cathy rush to buy the dip and then upgrade her target (why??? her ass...
Opened SPY Vertical Put Spread for $0.14 and expires on March 31, 2021. 85 SPY Put Buy at 271 and 85 SPY Put Sell at 266. Max gain is $41,310 and Max loss is $1,190. All the evictions pending, restriction of movement from state to state, election uncertainty, potential conflict in the Middle East against Iran since the 1 year anniversary of Qassem Soleimani and...
Opened a SPY put for $15.64 and expires on March 19, 2021. My target would be over $100 or greater based on what happened last year. All the evictions, restriction of movement state to state, election uncertainty and the yearly sell off. It's a gamble and ready to risk it.
-Yurlo
First of all like this post because I've put a good hour or two into crafting this one and I've decided to share it with you 👍
Second of all: I know I've made many bullish posts indicating we will pass 12500, however I've done a lot of thinking over the past day and after following price action I've decided that something big might be about to play out....
So for sometime at Trading Group 101 we have been discussing and looking to work out the next move in the stock market during COVID-19.
To do this successfully you need to look beyond the initial stock charts of the major indices and view the whole financial world. So with this in mind I am sharing some charts that not many people likely view (or even know...
And so it has begun, The smoke is starting to clear and the real value is appearing in the background. I see it dropping further to 1900/1800 before levelling out into a range bound market. Lets see...
