MarlosClock

MarlosClock Updated 

This is TQQQ-SQQQ chart. I warned of the ProShares split, and it got little mention in the news since the announcement. This is one of the most popular ETF companies in the NYSE, with $550bn in ETFs. This is a big deal. They decided to split ALL ETFs, on short notice (3 weeks) , right before the biggest pullback since covid? Impeccable timing or what? The norm...

MarlosClock Updated 

VIX has been spiking with TLT/LQD, but the last few times just seemed to help turn it around. Looks similar to the new year, in orange. Volatility has been exploding, per usual. Every 2 years since 2008, Vix has made a new support 3pts higher, shown in solid white. I just read an analyst saying 18 is likely the bottom for some time. TLT/LQD has also been on a...

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Interest rates scale is on the left, plotted in orange. The last time we started hiking rates from zero, we saw a decent sell-off with the first hike. Then things became bullish with subsequent hikes, until it neared 2% where markets got volatile; and then at 2.5% where we see another sell-off. If history, that could put QQQ near -40% from ATHs. I'll be watching...

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The charts are telling me the bottom is in; and options have been too put heavy this week to push it further down. If tomorrow holds QQQ 327, bull dreams still intact. Above 332 confirms it for me. News is still bearish, but the market has digested it and priced it in for the most part. Eventually Ukraine and Russian conflict will reach a ceasefire and that will...

MarlosClock Updated 

We had a low volume day on QQQ , <=65M, which has been coinciding with reversals YTD. Tops see vol drop before or at the top(white vertical) and Bottoms see a vol drop after or at the bottoms(Black vertical). For more info on this phenomenon, check the related idea below. We're also seeing a similar bar pattern in the yellow circles. History doesn't repeat, but...

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Just a peak at history. Bear markets in war are usually short-lived, but the worst one yet is pretty interesting. It was already in a bad bear marketgoing into the war, near absolute bottoms when the war started. It still dropped another 28% before an amazing recovery, even a year from the end.

MarlosClock Updated 

The chart speaks for itself; there are obvious fractals on the bull and bear legs. they keep getting bigger as well in pattern. Volatility is expanding the X-axis like crazy; and bear moves are even more volatile in such conditions. Things could get very steep. I pasted inverted, expanded, copies for a future plot. Good luck.

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Nas renko log shows an interesting arc pattern. How far it falls? Who knows, but I think it's prudent to keep your mind open.

MarlosClock Updated 

Made some Elliot Wave plot guesses for bull and bear cases, using fibs and volume profile. White boxes are year-long volume gaps that want to be filled. Red boxes are volume shelves (POC) that act as resistance/support, or get gapped past to the next volume hole. The upper white box isn't as wide, because the volume hole isn't as deep as the others. Tho the...

MarlosClock Updated 

The daily Stoch is crossing up the RSI; and the RSI is crossing up it's own MA. Every time it's done that in the past few years it's been a bottom. Sometimes a bit of selling for a few days afterward, but long term it's been a buy signal. Also it seems to have found support on the 400D EMA. We might see the bear return for February Monthly options expiry the week...

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Internet Computer Protocol is a blockchain that works with existing internet infrastructure; in a way that existing internet companies can make up their own coins. It's also a Proof of Stake so no mining. It may be the answer to ETH. Notice increasing volume and price...

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When yellow hits zero, they are equal market cap. You can see in this chart how ETH & BTC find resistance against each other. However one is trending up and one is trending down...

MarlosClock Updated 

You can see the general decline over the year on the 100 Day Averages, despite the bullishness of the market indices.

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Busy chart, sorry. Got a little JAMC buy signal and hammer support on the previous low, but some immediate selling. Retrace? Pivot point here. If it makes a new low, likely to test 15323. If it hangs out here for a while, will go for a POC test then vwap test.

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When it pulls back in the future, look for support behavior at these 2 trend lines.

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This is a demonstration on how doomer bears are always too early. Everyone knows it's supposed to crash soon, so they load up on puts and the options are too imbalanced to let it fall. Instead the puts get squeezed at options expiry and the prices flies up. Once again we just saw a huge Head & Shoulders pattern bounce near the neckline and trap bears expecting a...

MarlosClock

This is a chart of various Moving Averages for NYSE(MM), QQQ(ND), & SPY(S5). TW = 20D MA FI = 50D MA OH = 100D MA I drew trend lines for the 3 different 100D TLs that all signal a general downtrend. Next year is gonna be wild.

MarlosClock

Borrowed this chart from Michael Kramer, but it illustrates how the big players have been selling into the Summer rally to get ahead of the trouble next year. www.investing.com