I honestly don't know why I post these charts. Other than keeping a record of my own progress. I've been on tradingview for a couple years now.
Anyway. Target is the green line. It's been the target for a long time. Just look back on my charts. I even called the USoil @ $12
Who fn cares.
Just looking to see what happens here. Thank you all for the motivation and insightful comments. This is the best community of people I have ever seen. Just joking🥱
We all know the truth here. We are here for the money 💰
Soon the markets will shift, but before then. Will we see another push to break ATH?
Here is a bear target for the S&P 500
I am looking at this price for a potential target considering the market structure over the last ten years. The Fed is coming to raise interest rates, but not before the trap.
Today, the price has wicked just above the 50 daily moving average, and dropped back below. If the price falls below the 200 daily, it's bear season....
Looking at this daily chart you can see the price has reached just a wick over the 100 day moving average. With the 50 day moving average just above adding more resistance to fight through. I will take few days to let the market move towards the weekend. I hope everyone has a great week.
It has been more than a week since this sell off has started. Here in this chart you can see that the price is hovering over a major moving average (Red Line). I have been waiting for this to take a short term trade to ride the potential bounce. I do believe there will be more downside to come in the next week or so. We will all just jave to wait and see.
My target price prediction is $2919.75. This is based on current market conditions of the US DOLLAR Index. The necessity to raise interest rate to combat the parabolic rice of inflation. The target price of $2919 is also a major ALGO Hotspot.
This is not financial advice
I am looking for the potential price movement in the coming months. The monthly 50 MA seems to be strong support. If there is some kind of catalyst that would cause such a drop in the market. Increased interest rates from the feds, and sprinkle in some bs covid.
Im sorry that I have not posted anything in such a long time. My oldest daughter has been in, and out of the hospital since late October of 2020. Thing are looking better now. So, I want to get back into making charts, and videos again.
This is a xlm chart that I built last October, and so far things are looking on track.