90% net long option in calls still and 75 % net long the index across the board . most of my work and timing and models are in a place you DO NOT WANT TO BE SHORT AT ALL THE BLOW OFF WAVE 5
NYSE:NYA There is a divergence shown in MACD and is showing a loss in momentum. a possible future drop in price although we seam to have seen higher highs. This does not mean a possible new swing to higher highs later on. All my posts are not any kind of investment advice.
Here's an overview of the NYSE exchange and some key reasons why we have a hard stop here. If we continue this downward pressure we will break all of these lines of support. All of the lines are on the chart are drawn, form support! There are alot more but these are the ones the mean the most. Smaller time frames under the daily indicate a Double bottom, but...
here's my take on TA for this stock. I have no idea what this stock is, but just from volume and TA my thoughts are this will correct as shown.
The NYSE composite has spent the last year building a classic broadening top pattern. The pattern develops as strong hands distribute to weak hands, and when it occurs, often marks a transition from bull to bear. 1. Broadening formations are relatively rare and because the pattern itself is difficult to trade systematically (as the boundaries are continually...
'Twas a market full of bulls, In a world of delusion, Then came covid, To super charge the illusion. The Portnoy gamblers, The Wall Street betters , The Tik Tok traders, The gamma squeezers, One by one they arrived Dreamin' of the YOLO Or quivering from the FOMO Fueled by the FED And their MMT! Nobody gave a hoot about reality! Been a while folks. Time to be...
This Hot Mess is DOA. Shattered, not merely broken. An event that closely followed the ES / Value Line correlation but with far more Gusto. ____________________________________________ The ONLY events that turn this are Monetary and Fiscal Policy changes to encourage the Zombies to join. Beyond that... Adios.
I have 2 counts I can see one is that this is wave one of a blow off .And second is a 5th wave to end the move not sure p/c in flat and all my model are at flat as well
look for volume and candlestick pattern ( engulfing ... pin bar ... inside bar ) on the support zone . Please follow and like the idea for Support and More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love :)
Basic Materials, Consumer Cyclical, Financial Services, and Real Estate are the Primary Sectors of the NYSE Composite. We indicated the NYSE COMP was reaching an extreme A/D low and suggested a rotation would likely provide lift. It does not appear to be sustainable, but for now, it's in...
17770/18560 OVER the weekend I will post more in detail as to the nya targets and a wave structure in detail THE march low 2020 was perfect fib relationship to the 1974 low
I need the nysi to get down to a from the 500 area to a minus 600 I have siad the avg drop in nysi if it fails at the 500 which it did should drop an avg of 1100 basis points . no change till that outside of C wave crash to which I THINK WE JUST STARTED SEE THE SP CHART POSTED THE ENDING OF WAVE B UP Look for a sharp C wave down. AND I think that will...
The Broadest Measure, it showing signs of the furthering Depression's expansion. Independent Producers Dissolving. Supply isn't needed when the large segment is slowly driven out of Business. _____________________________________________________________________ It is that simple.
Beginning to see signs of Coca-Cola meeting Mentos - YouTube it. When the Mentos hit the Coke and the Cocaine remains Pure Bolivian Fish Scale.... the results are explosive. The Range here is extreme, Components on balance have been smoked and hard. Many Companies within it are Zombies Financially. Smiley Virus knows and belts it out in convincing...
I am a beginner in trading with modest experience so this is what I expect to happen in the New York Stock Exchange
As you can see the LAWS of Nature Have been repeating very clear cycles . I see no GOVERNMENT OR BANKING SYSTEM too to be able to stop these cycles no more than a WAVE IN THE OCEAN from hitting the shore . it is just a law of nature that is all things be it TIME or markets. . .LIVE A SIMPLE LIFE IS MY WAY OF LIFE as I am grateful for my being a...
The chart posted is that of the NYSE posted are every clear turning points as well as the pullbacks thru the last 50 years since we left a fixed amount of money end of BRETT WOODS. expansion of DEBT CYCLE But this cycles goes far beyond
As we move into Year-End, the NYSE COMP should be Observed closely as it has been the Leader along with the YM. Any reversal here will be met with relief for the Big 7 - which continue to grind higher with AAPL leading the rediculous charges higher. ______________________________________________________________ The FED is heavily intervening in the "7" it is...