MayaUndefined

MayaUndefined

The new CDSP numbers are in for the previous quarter (consumer debt as percentage of household disposable income) . Large spike up in consumer debt loads as people are burning through their last cash and borrowing to keep up their life style before the crash. Goldman-Sachs claims that retail has unloaded their positions from the bull run. Thanks to...

MayaUndefined Updated 

Each of the previous major market corrections were as large as they were unique. A 50% correction from all time highs seems a possibility. Seasonality Both 2000 and 2007 corrections seemed to have a period of kangaroo markets before a capitulation event. Recovery from there was different, however. The volume was much higher for 2007, which possibly explains...

MayaUndefined Updated 

All red and green lines are approximate clones of the first draw down. Channels are drawn periodically as market changes

MayaUndefined Updated 

This level has been seen since the 1980s off and on, rarely crossed. Are we poised for another break or crossing? When the DXY grows strong, we often see stocks start to weaken. All that selling happens and it goes into $USD.

MayaUndefined Updated 

The XLY has been mostly gone no where since May. Break out attempted but didn't go no wheres. We're back at the July 2020 levels. Could the price action be saying we're headed to a further 20%? That would put is back in April 2020. The red & green lines are clones.

MayaUndefined

found there was a short-term trend forming on the 5 minute chart. I had to set the alerts for the level i was looking for when the recovery, and then support/resistance switch, and then support. i took a small long position i'll unload in a week or less to counter my losses today.