After 3 long years, SDY (dividend stocks) are about to break out. If I am right, this is a good indication we are moving closer to a recession and money is starting to flow to defensive stocks in preparation. Remember portfolio managers are not like you, buy today sell tomorrow. Purchasing hundreds of billions of dollars without moving the market against you...
Inverse H&S setup in play for Gold. At the moment it is high basing. Worth keeping an eye out for a CRACK higher. Just a matter of time in my opinion.
Back in April 2021, I said sugar was sweet! It had a phenomenal run since. However, that has now come to an end. After breaking a rising wedge. Sugar bulls should use this recent pop to take profits and lock in the profits.
It's hard to deny this powerful topping pattern in the making. usually, H&S are continuation patterns (contrary to popular belief) unless they are at a top. Which SMCI is. So with that in mind, I will urge extreme caution for the bulls. It is better to be out of the market wishing you were in than in the market wishing you were out.
Multi-year Channel Breaking key area at $120 last time this broke we were in a recession and then Covid hit. A reminder the US entered a recession PRIOR to covid in FEB 2020. most don't know that. Will this time be different? Do we need a recession for stocks to drop? I will answer these questions in the next video.
Usually, I do not put myself out there like this and front-run. However, I have sufficient evidence that makes me comfortable enough to make an exception this time. While I will not go into the methodology here (unfair to my subs) I will tell you that the chart is in a wave 3 up that is now head-testing the previous H&S pattern. Bulls make money Bears make money...
Time for a new updated chart in TSLA. TSLA has now formed a MEGA Bearish structure. While we are not near a Key area at the moment. The initial formation does not look good for the Bulls going forward. At this point, it would take a lot of effort (buying) to change the message of the market in this chart. While anything is possible it does not appear likely at...
Learn how to read price! Learn where the key areas are Learn good risk reward Take notes on how FOMO and Euphoria behave, feel, and trade like Learn what tight tight tight looks and behaves like both up and down Learn the difference between CORRECTION and REVERSAL! Shorting is for the elite of elite Navy Seal Snipers!
TNP update back on June 24th, 2021. TNP was and still is the last Value stock that I could find. While it sucked the life out of me waiting, all I kept thinking and doing is adding on the way down as it only became more and more and more of a value stock. Couple that with the nice chart setup and it was a no-brainer. Now we are finally seeing the breakout which...
The crypto market is at a Key area after cracking for the 2nd time in a couple of months. Megaphone patterns indicate indecision. This is not something you want to see in a bull market. Crypto Bulls CAUTION!
GME SAVE THE TAPE! Back in June 2021, I warned people to GTFO out $GME when it was trading at $212 Today it trading at $20 and about to waterfall again. Despite my several follow-up warnings over the last year and a half people continue to fight me on this. SMH!
Cocoa bull run is over! This a very high probability chart setup for a big down move over time. If you made your money take it and run! If you never owned it watch the chart and learn If you are short Enjoy your gains don't be quick to take profits.
NFLX is coming into a key area that can double top here. Taking a little bit of profit here is not a bad Idea. A long-term bearish setup would require a break of the current up-trend channel. We are not there yet.
Not a surprise as I warned multiple times.
OPEC cuts lead to lower oil, not higher oil prices. That is why they are cutting . If Global demand was there they would not be cutting they would be selling as much as they can at higher prices. I see too many people get this backward.
This is a very simple trade setup. After breaking out of a 14-year channel DSX has been consolidating for 2 years plus! It now looks poised to push higher. However, this is NOT a trade you will make money in a day or a week. This is a the type of trade, where you accumulate over time, enjoy the 17% dividend, and forget about it. DSX is in a bottleneck industry...
Merry Christmas! Back in June of this year, I gave you a real-time lesson in Oil. I explained how OPEC cuts do not mean it's bullish for oil based on supply cuts. Why? Bc OPEC is telling you there is diminishing demand for oil that was causing the cuts. Not even two ongoing wars could cause oil to spike. Today I will give you a nice and simple Christmas...
Learn how to read price! Learn where the key areas are Learn good risk reward Take notes on how FOMO and Euphoria behave, feel, and trade like Learn what tight tight tight looks and behaves like both up and down Learn the difference between CORRECTION and REVERSAL! Shorting is for the elite of elite Navy Seal Snipers!