This tutorial explains how to use the public and open indicator published as "RSI cyclic smoothed v2" in regards to spot market turns. By using the same indicator tuned at the market vibration and using divergence signals to confirm market turns.
As written here:
Based on the community feedback, I wanted to share more insights on how to use this indicator on...
Have you ever wanted to combine two technical analysis indicators into a single signal to find your own way of making profit? This video is a tutorial where I take two stock Tradingview Pinescript indicators and combine them into a signal that makes it easier for the user to spot with their eyes when an even occurs on a chart. By following along I hope the...
Between the 2008 great financial housing crisis, the end of the dotcom bubble in the year 2000, the 1970s stagflation recession, and the great depression of 1929 all have one thing in common. The market retraced at least 50% from it's peak. I personally believe the US economy is in conditions for a recession that will at least sink 50% or more if we were to...
In this video I attempt to show how using price based support and resistance and help forecast market moves and organize your chart in a way that can help improve a traders ability to react to price movement with purpose
The last time this happened was in 2018 but the market some how management to rally which resulted in a false breakout.
In 2020 the market came back to this level and spiked around this area before turning into an almost 2 year rally.
2007 was a different story as market broke structure and the result was a sell of that lasted one year.
What will happen in...
***This is not Financial Advice of any kind***
The market recently touched a multi-decade trend line and completed a full Elliot Wave cycle, pointing the way to a potential restart of a new bull cycle.
CEOs and Insiders are buying, stock buybacks are in play, and retirement funds are looking to enter the market where they can.
Michael Burry points to a Bullwhip...
The main point of this video was to show the continuous drop of the market over multiple weeks which was only seen in the bear markets of 2008 and 2000.
2022: 14% drop over 7 weeks
2008: 13% drop over 8 weeks
2000: 16% drop over 8 weeks
What follows next is more likely to be a repeat of 2000; i.e. a sizable bear market rally over the next month
The SPX reversal to $4,200 provides an opportunity to learn from the pros and get back to the basics of trading. This means understanding the numbers and being able to buy things wholesale and sell them at a retail price. With this knowledge, you can be a successful trader.
Hi Traders. It's been over a week since i last post any update the S&P500.
In the previous few analysis, i've been calling selling opportunities as price continued to develop signs of a healthy downtrend.
Price dipped below both the 4150 & 3900 as planned.
For now, there are only two questions I'm asking myself:
1. How far could the price stretched?
2. Would it...
Self-explanatory. If you want to see me completely go nuts, watch this. You might learn something, you also might not. I do talk a little about the importance of trust for moving forward in society.
This is meant for entertainment only.
Here's Part 1:
8-minute video where I gloss over the big picture stuff relating to the Markets and as they relate to the M2 (WM2NS) Money Stock.
This is a High Time Frame analysis of the Market charts like the Dow and SP500 vs the Printing of Money and the increase in Money Supply.
Basically, the entire market exists as a function of printing money, organic growth hasn't been...
Hi Traders, if you've taken the advantage to short the S&P500, I believe your target has been met.
Since last week, i've been talking about the 4150 resistance as price continued to consolidate around that zone then had multiple failures.
In the past 2 days, it plummeted from 4150 all the way back to the previous key low at 3900.
If we see further selling...
Standard and Poor's 500 Index is a capitalization-weighted index of 500 stocks. The index is designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries. The index was developed with a base level of 10 for the 1941-43 base period.