I have adjusted from my previous chart slightly.... Bulls have been slowly trying to creep higher but even with divine intervention (Stimulus) its been a struggle.. It may go a little higher.. but this is about to crack and if it doesn't... well Ladies and Fellars we have a much bigger problem on our hands and it won't be pretty....
When you consider the price...
Ladies and Fellers, Which way do we go today? I say load your shorts! I Don't like playing against the market, but I also don't like losing money... Who knows what will really happen this is a crap shoot but heres my guess.
Let me know your opinion!!
I now have my projection for the next few weeks, I am not calling this a bottom but next leg down... Yes I am looking at the Decade Vwap!!!
Lets hope I am wrong for the sake of the Financial disaster that would come with this.... Also TA is less reliable in these scenarios, so I could totally be wrong!
Let me know your thoughts!
I have not changed my numbers but I removed the curve line so its easier to read... I published this on March 22nd modeling after China's Death... I know this is not very scientific... I ignored confirmed cases as I question the data accuracy, I do think the deaths is likely somewhat accurate..... tomorrow will be my first projected point and we are closing in on...
I was was wrong about running hot yesterday, but Nothing has changed. I believe 3rd circuit breaker shuts us down today!!
$ in %of price
1% 2.53 250.27
2% 5.06 247.74
3% 7.58 245.22
4% 10.11 242.69
5% 12.64 240.16
6% 15.17 237.63
7% 17.70 235.10
8% 20.22 232.58
9% 22.75 230.05
Ladies and Fellars I try and stay as bullish as possible, but this is probably the most optimistic TA based off the current reality (Even if it doesn't seem optimistic)....
The reality is, life is going to get much worse for all of us in the USA before it gets better, any rally before the virus comes runs its course through the USA will be a defeating false hope...
I decided to look at something new: Vwap: Week, Month, and Year.
I have highlights of two patterns following different setups but similar Indicator patterns.
**Also Yes I am aware the VWAP Year is not that impressive from only being a month and a half into the year!!
-Notice the Flat top Breakout (FTB) in the first shaded area 3 taps per normal healthy...
I will keep this one simple. We are closing in on a major bullish breakout. As we approach the top of the larger daily flag, you can see the smaller time frame Flat top setup.
Here is the beautiful part of this pattern in pattern play. we are sitting on Super strong support of the 9EMA, Its tight Its right! That 9 EMA will help push through the Flat top for a...
We are ready!!! The presentation today will create the catalyst needed for Greatness and Glory!!!
We have put up with that Bear crap for the last time, now lets make us some millionaires and cure some F**kin Cancer!!
OBV: About to Break through top of its Trend!
-Chart shows a slightly modified(Accelerated) Price projection.
-Coming out a strong...
I noticed a very similar pattern on the Daily where the 9 and 50 MA cross and where the 20 MA will soon Cross. This is an super simple attempt to project what will happen...
The Presentation next week would align well with a breakout!!
Good luck and buy those bags while they are cheap!!