I go through a number of time frames and explore the price action and probabilities. No predictions, No recommendations. I'm short on this market at this time. Disclaimer: Your losses are your own. This means you sue yourself if you lose your money.
The DJI was dented significantly over night by three main events: 1. Trouble in Iran. 2. China - withdrawing some companies from the LSE 3. North Korea - powering up to cause America a headache. There was panic selling in the middle of the night which started with the news on Iran. Important trend lines up to 2 hourly were penetrated. Could this be the...
The DJI, S&P500, Australia200 and the DAX all went wild today. No predictions in here. This is just the big picture of the daily time frame. I have to say that I am totally surprised by the DJI pump north. This markets is highly overvalued something like 17-19 times that of fair value for stocks comprising it. I won't go on much longer about that, we've seen...
Recorded from my laptop in a lunch break - so turn your speakers right up. I'm stalking the DJI carefully for any sign action. This is a market built on hope and false confidence. It can't go on forever. Disclaimer : This is speculative opinion - not advice. If you trade this market and lose your money, kindly sue yourself.
In this screencast I explore the importance of the 4H ATR trend line in association with SqM switches. This is about taking early notice of areas where stuff may happen. The future hasn't been written as yet, and I don't do predictions. What I see is the chance of a 4H trend weakening, based on the historical a patterns of the DJI. If the 4H ATR flattens...
The DJI is approaching an all time high of about 278400. This market has become pretty volatile mostly at 30 - 50 minute charts. Although the DJI is pushing north madly, it is a market that is being moth eaten. It's instability is likened to a Jenga tower. The instability is also seen in trend switches down to the 5 minute level.
BRACE! Anything can happen in the next few days. The DJI is at a critical zone on the weekly. 'Everybody' is waiting for more QE and lowering of interest rates. In other words the FED is likely to blow the bubble even harder. But there are crises in the bond markets and currency markets that weigh on this market. So fear is not just about stocks in the market...
I had flagged that the DJI and NASDAQ were in trouble some time ago. I told everybody to 'GET READY'. Some were hypnotised by POTUS's assertions that the American economy is doing "fantastically well". Yes he said so and I have the reference. The data on ISM that triggered this plunge/correction was not brand new information at all. It's only because the ISM...
Took a long after FOMC on the DOW - Holding for new highs
What's moving this market north? Like the Fanny Mae fiasco back around 2008, the 'implicit guarantee' is at play. Go read up what that is about. In essence this is about an idea that the FED will bail out big corporations. The top industry analysts can find nothing of real substance in the fundamentals to move the DJI (and S&P) north. I explore the 4H and 1D...
I review some of the potential moves on DJI and probabilities (not predictions) ahead. Importantly price has violently punched down through a daily investor zone. The weekly and daily time frames create probabilities for the south on lower time frames. This is both an opportunity and risk. Have a look and get ready. Disclaimer : As usual if you lose your own...
This is about HFT's and a counter offensive against market manipulators on the DJI. It is an unconventional and risky strategy. I share with everybody. But if carefully studied and managed can be quite profitable in relatively short periods of time, like a few hours. To appreciate and engage this: 1. Multi-timeframe analysis is a must. 2. Trend following...
DJI is in a downward trend on the 1D time frame. But the trend south is not with great price momentum. It could be a slow burn down.
The chart shows either a wedge (broadening descending) or a parallel channel. It is important because the former more times than not is an indication of probable reversal northward. The latter (the channel) creates more probability for the south. As many will know much of the volatility in the last few days has been related to the US-China trade talks and...
Right - so you wanna make money in these markets. All I can say is that these are dangerous times. This is certainly not ' The Big Short' any longer. I call it the big fudge. Now we're not allowed to say who exactly is doing the big fudge - cuz it'll probably break a whole bunch of laws and policies. But it's not illegal or wrong to point to a big fudge. Like it...
Well well, Wall Street (DJI or US30), has defied logic! Whoever said markets are about logic? Not me. This market has surprised me in the way it obeyed 'wedge theory'. It broke out north, out of the wedge - like a bat outta hell! But now it's stalling on the 8H time frame. This has happened before and it was meaningful. I show the price action.
Some people a jumping for joy as there are minor corrections in the recent bull rebellion on Wall Street and S&P500. The bull trend which is visible to everybody on most time frames isn't over. Come on! In the video I show how this is one of the most powerful bullish recoveries in the history of Wall Street, and why I have no reason to think that that powerful...
There could be serious trouble just around the corner for the S&P500 and Wall Street. Just don't be an 'April Fool*'. Watch the video. *April fool is figurative language. I'm not describing anybody on Tradingview, or anywhere else.