Instead of looking at SPX alone, looking at this ratio is better for shorting stocks/longing VIX, because it helps us distinguish between fearless crashes and fearful crashes. Watch the black/light blue/brown lines above. If this ratio breaks above those lines confidently, get out of shorts and wait for a better time to do so.
Watch the lines for a place to jump in.
Watch the lines for a place to jump in.
Watch the lines for a place to jump in on this downtrend of the Equity/Crude ratio.
Watch the lines for a place to jump in on this downtrend of the Equity/Crude ratio.
This is the perfect chart for shorting the S&P 500/Silver ratio strategy. Watch the lines. This ratio looks like it is about to drop.
This is the perfect chart for shorting the S&P 500/Silver ratio strategy. Watch the lines. This ratio looks like it is about to drop.
Watch what it does with the black line above to determine what to do.
DIS is displaying bearish MACD divergence after a double top and a break of a 4 month long trendline. I am short on the retest of the trendline until the 93.25 area where a bullish bat could potentially be completed. SL is placed above .618AB with target above the completion of the bullish bat.
SUNE is nearing the completion of a bearish cypher pattern after breaking the bullish Wolfe wave confirmation line and retesting. This presents an opportunity to place a long position. The next pattern to look for if this is filled and completed is the bearish Gartley pattern. Depending on price action, I may be taking both of these trades. I will update the...
MITK has completed a bullish bat in a with a PRZ that is confluent with support from the 100 day exponential moving average. To add to bullish bias, 2 missed weekly pivots sit above price. Entry is placed at the bottom of the PRZ with target at the missed weekly pivot from 12/14. Confluence in the PRZ: Bullish bat 2AB=CD 2.272BC Projection EMA100...