good afternoon, recently posted my macro outlook - --- just building on that idea here: 👇 potentially, the chop we've been experiencing over the last few weeks was some kind of expanded flat of an (x) wave. if true, this drop is close to being concluded. estimated downside target on this move sits at 3800. --- if all goes as planned, the...
good evening, --- nice rejection, but not nice enough imo closed my short on the initial dip, as it just didn't feel right. --- likely to consolidate over the next week or two before heading on up to the og target. alt path has us raiding near the lows for a liquidity grab . opex this friday has 3.7 trillion $$ in options expiring, with a max pain...
good morning 👽 --- everyone is excited today, this is the big day which everyone's been waiting for! the rate announcement owo. right? --- the stage is perfectly set imo, beautifully orchestrated by the puppet master who runs this show. to put into the minds of the exploitable that we're simply going to go up the same way that we did yesterday. --- but...
good evening owo. --- few words before i share my thoughts. the market is a very complex instrument - there's never a sure path as it is completely controlled by human emotion, and complicated algorithms. we as traders must adapt to the ever-changing market conditions, or else we risk getting left behind (simple as that). there's a dozen different paths the...
good evenin', wasn't too long ago when i called the top on the dxy. all the dxy bull bro's were like, no way man its going to go up forever. >okkk boomer, 😏 --- so here's my take on what comes next. theorizing a bit into the future here- idea goes like: we correct down in 3 waves, then put in an equal sized leg to the upside into the 120~130 region in ...
read the title one more time 🔺 --- hello, my name's elo - and i make pretty wild predictions in the markets. very few know who i am, and i prefer it to remain this way. --- >i'm predicting that es1! will hit ath within the next few months. >before drippin' back down to the covid lows. --- this isn't financial advice or anything, literally just art....
So far the selloff has been pretty orderly the entire year and trying to play volatility hasn't worked. I think that's about to change. $VXX has been consolidating in these two channels and looks like it's about to explode higher. If we can see $VXX get above $21 or so, I think we're about to see a huge move in $VXX. Similar to what we saw in March 2020. I've...
good evening my peoples, --- it was exactly 22 days ago when i gave you that 4130 level. lot of bears ignored my post, and got squeezed out today for a significant loss. i pour this aapl juice out for you, my dearest bear frens. --- as of today, i'm starting to entertain the possibility of es seeing yet again, Another expansion. sounds kinda wild i know,...
good evening, quick update to one of the two bear cases i posted over the weekend. (post pinned at the bottom of this thread). --- es1! has been tapping at the local golden zone quite a few times recently, each poke results in a weaker dip which continues to get absorbed (accumulation). there's no notable bearish divergence present for now, in fact, we...
Good evening, This post is part of a series of requests i recently received. The request was: "What is your bearish projection on the US stonk market". --- Talked about this one recently via: --- My estimated top for the Spx500 = $4080~$4742. High probability target = $4164.50. --- My estimated bottom on this one is roughly between...
This is the second bear case, and it just so happens to be my primary scenario on the US Stock market . Just wanted to get the simple counts out of the way, before sharing this one. --- Using the expanding diagonal fractal for the first wave from ath, it's possible the spx500 is only in "wave a" on this local move up (of a larger a-b-c) this is currently the...
Good evening, This post is part of a series of requests i recently received. The request was: "What is your bearish projection on the US stonk market". --- The russel2000, if I'm not mistaken - has thousands of small-cap stocks within it, here's my bearish projection for it. --- My estimated top for the russel2000 = $1876 ~ $2392 High probability target =...
Good evening, This post is part of a series of requests i recently received. The request was: "What is your bearish projection on the US stonk market". --- Well, this right here is my primary bear case for the Nasdaq. Keep in mind, this is just a single bear case from my perspective; there's always many different potential outcomes, and it's my duty to...
good evening, --- consider this post somewhat fictional for now, created more for entertainment purposes, but i want you to know that there are some serious data points which i'm going to bring up to build the case that the stock market has found a long term bottom. --- ~our monthly indicator is finally oversold for the first time since 2009 market low and is...
good afternoon, here's what the nasdaq looks like from a bullish perspective. --- local dip to backtest local downtrend, in confluence with the local 50~88% retrace of the big pop from the other day. i'm labeling this dip as the second 1-2 within what looks to me like a bullish nest . --- if i'm right about the nest, we will see tech take off big time...
good afternoon folks, --- es kinda looks finished, but remember what i mentioned in my last post. there's a lot of hungry bears trying to short this, and they're all piling in at this local golden zone. wouldn't it be inconvenient for the market to put in another fat leg up to ruin their day? >that's exactly what i think's going to happen. 👇 4130--->3222 ---
What we have here is a very LOOONG pennant on VXX. We already had the breakout back in September and since then have created a whole pennant for the retest of the breakout. From how things look now, the apex of the smaller pennant is due to breakout no later than November 22. The yellow rectangles are gaps within the price action. The retest has a gap to be filled...
Moment of truth coming soon! VIX dump + dollar dump = Market pump.