I believe in Dr. Michael Burry analysis and vision. in the next crash, which is warming slowly now, we can make a lot of gains. We only need long term strategy and patience. I keep following Dr. Burry portfolio, the next SEC filing will be around August 16. Good luck everyone. Samy
VIX is trapped under 50MA Weekly and Monthly together. With inflation rate keeps going up, and FED insisting to keep the rates low, will we see VIX back to around 10 ?
This is going down to 13k the risk is yours :) good luck guys, Samy
Hi friends, i let the weekly chart explain it self. good luck. Sam
Hi Friends, SPX is in ascending channel (Yellow Channel), Seems a resistance line back to all time high in 2020 is broken (Resistance line in blue). And we have the MA 200 below (in white). Personally, im still not convinced about the rally fueled by trillions of stimilus, but the question is: what is the target of the market until we see a massive, lenghthy and...
Hi Friends, For the last weeks, i was looking for long term investment opportunities. i have found NOK, KHC, SXC, LUMN, IEC AND ROCKET COMPANY. i will go into fundamental analysis for one by one, the long term investment will be on LEAPS, or stock purchase. For today's topic, Nokia seems strugling with weekly descending channel with MA 200 on top of the...
This is monthly chart, EURUSD is facing MA200 and purple line resistance ahead --- Bigger picture to take in consideration. Meanwhile, US Dollar Index MACD is showing some bullish signs.
Hi all, This is not the type of the ideas you would like to read. but in few words, we are in complete disconnection between Stock Market, Financial instruments, Crypto market and the other side of real economical situation (specifically in the US, Spain, Italy, France, Greece and China). Red flag is high from hier until massive correction in all asset classes...
Hi Guys. I'm making review on penny stocks, let me know what you think about this one. The last earning news was catastrophic. Thanks. Samy
Hallo traders, you only need to look into support and resistance, and of course breakouts, false breakouts, RSI AND MOVING AVERAGE. Good luck everyone. Samy
Hallo traders, Gold is showing bearish divergence on weekly chart, and overbought in monthly chart. Let me know your thoughts in the comment. Thanks, Samy
Hi traders, BTC still trading between big support and resistance. My own opinion, short position is possible (this is my personal opinion, This is not a financial advice) Thanks, Samy
DOW is showing strengh to the upside, the same time it is overbought and MA 200 is broken like it didn't exist. Anything is possible with financial banks !!! Please trade carefully in this level, whatever you are long or short. My own oppinion regarding DOW and NASDAQ. are going south, far to the south, but this is my own opinion and not a financial advice. Thanks, Samy
NASDAQ100 is showing bearish divergence, Friday close registered all time high. My opinion, short position is possible with stop loss at 10,000 (This is my own opinion and not a financial advice, everything is possible with this market, trade on your own risk).
Hi guys, Bullish divergence detected on 4H + Hammer candlestick on daily, pump in the way, but we still in downtrend in weekly. Good luck, Sam
Hi guys, this is the big picture that we should not forget. Many technical idicators point to bullish direction, corrections happens but if we start with lower lows, then we turn bearish , we also should not forget we have a very bullish engulfing monthly candlestick . let me know what you think. Thanks, Samy