ChartProphet

ChartProphet Updated 

18k ASAP , Big bounce up to 23,500 by friday? The market should do a bounce at 18k because its such a big level that TECHNICALLY it just should. I really hate to say it but I think we will see $10k here in less time than you will want to even imagine.

ChartProphet

I think that Oil will continue dropping and the next level is $25 then $21, from which I would expect a range bound pattern to form, but not if things get too bad. And $11 barrel is my low target for the year. This is not trading advice!

ChartProphet

TESLA is one of the greatest and most innovative companies ever. None the less they are over valued and there are tons of red flags within the company. Now is time to short. Overall I am bullish on the Cyber Semi's , Solar City, Model Y. But the corona virus will put this company back at fair value if not discounted value. Some critical areas to watch are...

ChartProphet

No one really believed the Head and Shoulders that I posted on BOEING last year in DEC. Even I had some doubts on that pattern but after the coronavirus outbreak I knew it was over. I can see BOEING going down $33.50 by next year. Some key price levels along the way to watch will be: $143, $121, $88.50, and then $33.50 This is not trading advice.

ChartProphet Updated 

We have a very large descending triangle on the monthly! Playing this out will depend on some continuation of negative news (such as Coronavirus vaccines not working), global recession, etc. The Chinese economy is on the verge of recession, they have a fake economy built on a deck of cards that's ready to fall. If you don't think China is fake as F*&k with...

ChartProphet

You would think that eventually this fake ponzi would take dump, technically and fundamentally it should. Here are some key levels to watch $2865, 2785, and 2700. Obviously, I think it could go lower but lets watch these for now. Such a manipulated index. Charting this just for fun. This is not trading advice.

ChartProphet

There could be a nice pullback happening on Gold. I can see a tweezer top forming on the monthly and while this is premature in judgement. I think we should look at the last recession for clues to how gold and silver will be manipulated if only temporarily. Key price levels to watch are: $1518, 1447, 1367, 1290, and 1180. This is not trading advice.

ChartProphet

I can see Blackstone making a bit of drop here soon, and some key price levels based on Fibonacci are the following $32.60, 27.42, 21.76, 17.05, and $13.75. Yes, I think it is possible that we hit all these targets with the world going into recession. This is not trading advice.

ChartProphet

I can see silver coming down into the $13.80- $14.90 range. It will basically bounce there or breakdown quite a bit further.

ChartProphet Updated 

I think that TSLA will drop down to a more reasonable price, and I have my target zone @ $460- $568. TSLA is very hard to chart in general, so be very careful with this stock. Please give a thumbs up and follow me if you like the chart. Check out my other charts as well, I have some great charts for Oil and Dow Jones ;) This is not trading advice!

ChartProphet Updated 

It would appear as if the silver price is being controlled, imagine that... You can see that it's clearly trading within the high volume node to the right more or less. The RSI is also controlled within that range so watch for the RSI to to break range for a true trend change. Watch out for a break above $18.80 or below $16.60 and then of course wait for...

ChartProphet Updated 

Well, the last time all the markets fell out in 2008, you will note that silver and gold were fairly well controlled at the beginning of the collapse. There was no inverse correlation to the DOW or such. However, silver did recover fast and strong, but the pace at which it went down in the last recession was scary. I see a bear flag forming on the 4 hour time...

ChartProphet

Tickers VIDA (Canada) and PHVAF (USA) have been in trouble for a bit. Tons of failed descending wedge breakouts over this last year, which was an inherently bearish sign during a bull run. I think with global supply chain gluts and the corona-virus threats we will see this descending triangle break down to near few penny's, specifically $0.02 or less. On the rare...

ChartProphet

I think it's obvious that we had a fake out/ liquidation grab coming out of the rising wedge. Ultimately, this pattern broke down within reason and as expected. I think a good measured move should put us about -$25 out of the wedge, that being around $79-$80. I have highlighted some levels in blue that I think you should watch for, especially if you like to scalp,...

ChartProphet

The ETF fund UVXY has exited out of a descending wedge and seems to be playing out. Regardless of the fact that it does reverse splits, this does seem to be a good play if not just in the short term. I have Fibonacci targets at $42, $63, and $79

ChartProphet

Small bull flag forming on the 4 hr, looks like we might have the potential to ride this up to the 9350-9500 region. Good luck and remember, this is not financial advice.

ChartProphet

In my opinion, BX or BlackStone Group Inc will not be an exception to the latest global calamity regarding the coronavirus and global recession. Levels to watch for in regards to pauses and bounces would be $49, $42, $35, and $30. Good luck trading and remember this is not financial advice.

ChartProphet

Huge descending triangle on US OIL, I wouldn't expect much from oil other than lower prices. I've mapped out some targets and time frames in blue. This is NOT financial advice.