Lets get right to it. I am short on SPX for a plethora of reasons. But for now we will only discuss the technical. We had a double top after this ramped bull markets ATH. It seems that the resistance created by that double top has formed a new downward channel. We have only had two bounces so it still needs some more confirmation before we enter a new trend. The...
Long. Will explain later. It do not matter.
Welcome to live trading. I will be making calls throughout the day on the index. Like the post and follow me to tune in and get notifications of my calls. Lets go boys, Ya boy Darklord
Bulls iffy, uh, Blicky got the stiffy, uh Got the blicky, uh, drum, it holds fifty, uh Scum Gang! I'll see y'all later, suuwoo!
We flipped from a falling wedge to ascending triangle last week. Maybe our doom isn't so imminent. As you can see we broke above the resistance and we are currently printing a bull flag. Short term its looking long. BUT I am still very bearish over the next few months. A triple top could seal the deal and send us into a downtrend.
Ayo was poppin just a lil intraday lookings. Did u know patterns are fractals? Trippy bro. We printed a nice head and shoulders and confirmed below the baseline. We going down from here. but heed my warning plebian for I am the prophet everyday the bear creeps slowly in for soon we will enter a downtrend... but for now be on the lookout for a whole lot of...
We can see that we failed to break out of the descending triangle we are forming. Todays trade news about china gave the market its last pump before we see some real downside moves. I would expect a test of the support tomorrow and eventually a break. This would send us down to new lows which would inevitably form a DUH DUH DUH BEARISH CHANNEL Let ya nuts drag...
Dar_klords Daily Update Ticker: SPX Rating: Sell Short Driver 1: The white dotted lines on the chart represent the two current major levels of resistance. Both of which are supported by a double bottom. Driver 2: The pink line shows us another double top, also a bearish signal. Driver 3: The green line shows us a critical point in the True Strength...
DONT BE OVERLY EMOTIONAL If you are eating up those bull market headlines you will most likely get burned. Dont let CNBC finnsesse you into the herd mentality. Things you have to ask yourself before you long A. Is the economy strong... "Dar_klord! Of course the economys strong! Fed is raising interest rates! Unemployment is at an all time low! This is just a...
Volatility is back bitches. We have seen more 1% swings since the beginning of 2018 than we saw all of last year! While that may be scurry if ur managing portfolios, its exactly what I love to see. More swings, more opportunitys, more trades, more profit. But lets jump into the chart shall we. The big thing we see here is a big PHAT double top. And whenever we...
Ayo wassup mofos. Out here building economic models like fortnite yeeeerrrdd me. I think we going up from here. Seems like we have returned to the mean. Could be time for a new market cycle. a ton of new brokers r offering bitcoin futures. lightning network is comin out. big boys r locking in their positions. we shall see
Short to the double bottom. Two flags and a double top! Its right there people.
ICX has been consolidating after its recent push to the .0008 area. As you can see, the top resistance has been rejected twice. I have two ways I will play this breakout. Once involves a bullish breaking of the resistance with a bullish confirmation of sorts. (Either a kicker or a volume spike). What I think is more likely to happen is a testing off that current...
Tron will soon attempt to breakout of this channel. I think there are two ways this could go in the next couple of weeks. First Tron will test the next major resistance at aound .00001000 . This is where I have placed my first sell order. I will then wait to see if Tron rejects from that test or bounces from it making it a new support. Never trade alone! If your...
While these past few trading days have looked scary for Tron its important to keep composure and stay calm. The fact of the matter is Tron is not dead. It is a promising project with a great team. In fact, I would say this is a perfect buy in price. Extremely undervalued coin with a big 2018 ahead of it. What we should see in the next few days is a break away from...
We see a simple pennant forming here indicating a break in either direction. The spread on Binance looks good. Big sell wall around the 850 area. It looks like a lot of this recent movement is due to the large amount of bot volume on the index. Sometime soon we will see a break back towards the 1/1 angle on the Gann fan. I will update as the play pans out, but at...
I have been watching SNTBTC for the past 3 days. Previously, it looked as though the correction from the 4600 area was the final correction before the fifth wave in a simple impulse wave. It broke that trend when it began moving sideways. This dip to the 2800 area is a perfect buy signal before volume picks back up. Additionally the chart is teetering along that 4...