*Just an idea, not financial advice*
The basis for this prediction is formed from the previous 5 pullbacks >~-6.0%.
Average pullback over 5: -17.262%
High: -32.98%
Low: -8.53%
Mid point: -20.755%
Average over 3 (Pre-covid): -10.3%
Based on similar pullbacks, I make the prediction that a complete reversal will take place over the span of ~25 - ~30 days...
This is a quick update for those of you who are unsure whether big tech will rally to previous highs or return back to the depths of the post-correction crash.
Here I'm going to talk about the potential movements of the Tech sector today.
Let me know how it goes for and how you view this recent attempt at a Tech Sector rally.
If this analysis helps, I'd really...
Here I'm going to talk about the potential movements of the Tech sector today.
Let me know how it goes for and how you view this recent attempt at a Tech Sector rally.
If this analysis helps, I'd really appreciate a like, it lets me know that what I'm doing is good work.
Best of luck and Stay Disciplined
Yesterday Technology tried to rally and was on a strong...
After a recovery yesterday to the pre-Trump infection highs the US premarket today shows further strength up to a Major Resistance on the road towards pre-Tech correction levels.
Sentiment today will likely be cautiously positive (bolstered by on-target/positive jobs numbers), with traders waiting for the signal to buy, buy, buy.
Here are the signals that will...
After an intense drop yesterday determining today's sentiment will be difficult, however there are several signals that will allow traders to make some intraday moves.
There are 3 scenarios that can occur today:
Tightening of the range:
High and lows squeezing together to form a slightly upward biased symmetrical triangle
A battle of defensive tech against...
Is technology back? It's the most expensive question being asked about the markets right now. We've had the downside but hope above the parallel channel is growing larger.
This analysis is mainly focused on the day traders and offers a short explanation of the current situation and strategies for a day trade on S5INFT via the TECL and TECS ETF pairs. Multiple...
Taking a look at the IT sector of the S&P 500, we can see a some-what bubble formation.
If you look back at the DotCom Bubble you will notice the same has developed ( High, High Low, High High) before tumbling down. Same as the Bitcoin Bubble. Now, going back to this chart it has currently formed that High, High Low and High High pattern exactly the same as the...
"And it came to pass, that when the Jews which dwelt by them came, they said unto us ten times, From all places whence ye shall return unto us they will be upon you." Nehemiah 3:31
After publishing my expose` last night I found the answer behind the on going collapse in retail and the recently sky-rocketed Amazon AMZN. I will try to connect as many idea's to the...
"Notwithstanding they would not hear, but hardened their necks, like to the neck of their fathers, that did not believe in the Lord their God." 2Kings 17:14
I can’t stand internet tracking. It makes my life absolutely miserable, and no matter how hard I try I can’t get any privacy. The last thing I want to do is sit down at the computer with the intentions of...
We can see clearly in this x-ray of the major index of USA there is a clear evolution in the last 3 months, you can clearly identify two sides, One that of the winners, made up of sectors such as;; Kie ( insurers ) / ITA ( defense, aerospace ) / splrct ( tech s&p 500 ) , .
and on the other , you can see the side of the losers, :: made up of sectors of :: kbe (...
SP
