McDonald's (January 4th 2021 through January 2023) Assuming a bullish path: Low: $190-$201 High: $252 (at the very least) Assuming a bearish path: Low: $124 High: $220 Trying to do some more long term forecasts just for practice! This could definitely be very wrong so don't take my word for anything! Related idea is a shorter term forecast below: ...
Merck (January 4th 2021 through May 2021) Low: $79 High: $87-$96 Here's my shorter term idea for Merck, couple different possibilities but it does look like it has some gains to make, perhaps all the vaccine news was just at the start. Long term idea is attached below in related ideas: Thanks for tuning in :) Disclaimer, anyone in the trade needs to do...
Merck (January 2021+) Low: $41 High: $140 I expect this could be very wrong but I think its still good practice to try and look at major trends before looking at sub-waves. To me it looks like either some sort of giant H&S at the moment or could turn into a channel as well. Related idea has my short term 2021 forecast attached below: Thanks for tuning...
Bitcoin/USD rates (January 3rd 2021 through ??? 2021 ) Low: $29,000 High: $87,700 Bitcoin really could go as high as $80-90k this time There could be some major resistance points along the way around my 2 fibs ratios set up here. I could always be wrong! I will post a better chart in a while, sorry for the rush! Thanks for tuning in :) Disclaimer, anyone...
S&P 500 Futures Mini (ES) (January 3rd 2021 through January 8th 2021) Low: 3,704.5 points High: 3,818.75 points The orange box is my weekly forecast for Cindicator. This is just a smaller part of a larger forecast I have drawn out in the related ideas here: Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and...
S&P 500 Futures Mini (ES) (January 3rd 2021 through June 2021) Low: 3,588-3,669 points High: 3,997.75 points Here's a longer term idea for S&P index futures. The next few months could have some insane volatility in my opinions! The orange box is my weekly forecast for Cindicator. That can be found attached below in the related ideas: Thanks for tuning...
Gold Futures (GC) (January 3rd 2021 through January 10th 2021) Low: $1,873 High: $1,933 Made this forecast for Cindicator, thought I would take the time to explain a little. I believe we still have a bit of an uptrend left before we could retrace much lower, but I'm not 100% that my fibs are even set up right. Just watching and trying to learn more. Related...
Gold Futures (GC) (January 3rd 2021 through June 2021) Low: $1,728 High: $1,933 Here's a multi-monthly idea for the gold markets. I think we could see a retest of the pink trend lines and maybe a false breakout before heading lower. I tried to "map" a couple potential paths I could see price action taking, all of which converge onto each other eventually...
Oil Futures (January 3rd 2021 through March 2021) Low: $47.16 High: $54.74 I think the 2 targets of $51.53 and $54.74 are possible in the next few months. There could be a significant correction or worse after $54 is hit, could be a natural reaction to newly found profits, but there is a good chance it exceeds that later on as well. Will be interesting to...
Not a metric one would hope keeps exploding upwards, but it will be interesting to see what the USA COVID-19 death reporting looks like over the next year now that 2020 is over with. Hopefully by summer we see these numbers flatten again, but I expect a new surge around August/September 2021 along with the changing of the seasons and weather. These conclusions...
Cosmos ATOM/USD rates (January 1st 2021 through February 2021) Low: $5.35-$5.43 High: $12.35 I cannot take all the credit for this one, Scott over at TCL has been scouting this one for some time now and I thought I'd take a look at its chart to see if I can't decipher some swing trade ideas. I see the retrace from the 2.62 going down as low as $5.35 where...
Grayscale Bitcoin Trust (GBTC) (January 1st 2021) How fast can they buy a bunch of bitcoin? That fast, apparently. Trying to track the Grayscale metrics on the side while this frenzy is occurring. Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and...
Litecoin/BTC rates (January 1st 2021 through February 27th 2021) Low: 0.004037 LTC/BTC High: 0.005069 LTC/BTC Is that a real H&S? :) Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and...
NEO/BTC rates (January 1st 2021) Just a potential idea for what a bitcoin exchange rate bounce could look like before going lower. Not certain! Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies...
SSE Composite Index (January 1st 2021 through July 2021) Low: 3,210-3,473 points/CNY High: 3,914-4,002 points/CNY Very interesting that we have reached the top of this compression channel again, will it fully break out this time? Or maybe its another head and shoulders... Here are 2 different scenarios I can see playing out, both ending in bullish patterns...
Bitcoin/USD (December 31st 2020 through January 2021) Low: $23,728 High: $30,400 This could be wrong, but I'm looking for some sort of 61.8% reaction and pullback around our current levels. If it happens, perhaps then the current fibs I have set up are correct, but I'm not too hopeful I'll be deadly accurate. Just keeping a watch :) As always I try to...
It seems suspect to me that everyone is screaming that bitcoin will go to $300k yet on the long side its at 2 year lows since 2018. Something is up... Shhhhhhhhhh I think the longers can see a continued downward trend and then a quick rebound for one last leg and then maybe find a floor to start building off of for what 2021 will have to hold for us. Watching and...
After a week of deliberating the shorts falloff since bitcoin kept reaching new all time highs almost every couple days, I think we still have to find a bottom for the shorts crowd and then the market will really be in a golden euphoria. But does the smart money love my incorrect charts? I'm trying to learn, I swear! I think bitcoin COULD go down in a few days...