Bulls tried to invert the fall and failed.
The futures chart show us a reverse H&S in intraday time frame with a descending neckline (in the Nasdaq100 this line is perfectly horizontal) and completely failed the aproach of the right sholder.
Normaly, and it happened for several times in the oposite direction during the rally up, this kind of failure results in...
Has you could see my previous ideas were completely trash. Since then I tried to undestand why and realized, has many of you would done before, and went long, that I was ignoring the "M2 - Money Stock or money supply" deflation effect.
In this chart we can see the M2 in blue (left scale in $ Billions) and the SPX adjusted for the available money and for...
In early april I drew this cup with handle pattern (or reverse HS with a minor left sholder).
I must confess I never thought it will be achieved even less put some money in long side due to the dangerous economic and social enviornment.
During this impressive rally everyone were so and so bearish (like me) that it worked like gasoline for the rally. A quite...
Hi all. Welcome to my first "idea".
Market has been printing an impressive correcting rally since march lows and stopped near 0,618 of main leg.
After several bear traps it seems now is performing a bull trap near this area.
A pattern ABCD or bull flag seems to be now finishing in the point C of the graph.
The graph shows what I think will be the next move: a...