As the markets stand on newly minted bull legs I thought it would be a good time to take a look at some trend spotting using Ichimoku cloud. There were some key signals I noticed back in Jan from Ichimoku that indicated a shift to bear markets. Tenkan-Sen (conversion line) Turned to upside. Crossing over the Kijun-Sen (Baseline) can be used as a buy...
Bull Pennant/Flag are firmly pointed towards 2008 levels. Question for the next 3-6 months will be how high can interest rates go before the massive amounts of debt becomes unserviceable. The Bear sentiment will quickly return when the FED has no choice but to continue aggressive rate hikes into 2023.
10Y treasury yield is bull flagging to what looks like a return to pre-2008 levels. Question for the next 3-6 months will be how high can interest rates go before massive amounts of debt becomes unserviceable. The Bear sentiment will quickly return when the FED has no choice but to continue aggressive rate hikes into 2023.
#1 Bullish Pattern: Double Bottom Starting a new series of charts focused on identifying and ranking Bullish patterns with charts as they happen. I'm a little late to the party on this one. I had hoped to have it up last night before this mornings premarket rally. #1 Bullish Pattern. The Double Bottom. Identified by the W the 2 bottoms form. 10-20% drop...
It's clear 2022 has been dominated by inflation fears and for a good reason. Inflation is skyrocketing Interest rates are rising Bond yield curves are inverting Energy wars are raging Debt holes are deepening I hate to be the bearer of bad news, but nothing has changed. The reason inflation continues higher is because it’s a feedback loop in a low interest rate...
It was the best of times, It was the shittiest of times. i was a poet and didn't know it WTPS - The world toilet paper crisis marked the pivot point of skyrocketing prices. Cov19 - no explanation needed. TTW - Trump Trade wars actually reduced prices RFC - Russian Financial Crisis, Oil prices peaked and crashed, along with Russia’s economy. GFC - Global...
Do not try and bend the line. That's impossible. Instead... only try to realize the truth. There is no line. Then you'll see, that it is not the line that bends, it is only yourself. ----- Apple is the poster child of the SPY, its largest holding. I've been a fan of Apple since I first learned to program pascal in high school. Even during the steepest...
I miss the days when presidents would visit an aircraft carrier and declare their mission has been accomplished. I guess you can say Jerome Powell has accomplished his mission by returning the S&P to its 10 year trend channel when he turned hawkish back in January. See my Bear Case for January Analysis I posted below. This chart is an update for one of my...
My overall outlook on the market is still Bearish. There are still so many signs the world economy is in for one hell of a recession. The 10y2y is still in free fall ever since the leading indicator of a hedge fund collapsing began. DXY is still showing support at 105 breakdown line. The VIX continues to compress with higher lows and lower highs. ...
You know why we are here. I'm a trafficker of information, I know everything I can. The question is. Do you know why you are here? We are looking for Bill Hwang. This is not a reason. This is not a why. You are here because you were sent here. You were told to come here and you obeyed. Ha ha, it is of course the way of all things. You see there is only...
Short squeezes in Tech are leading to a broader market Bullish breakout. I’m looking to see if TSLA can break above 842 range. If so, that puts the TESLA breakout up to 927 range where there was consolidation in Aprils market decline. 1D Ichimoku Cloud is testing a bullish breakout signal Trade Safe. While everyone shuffles to the other side of the boat is...
July is now behind us, I shift my focus to August levels. Short Squeeze I pointed out in last months ideas played out nearly exactly as I predicted. We're now sitting above the Upper BB with not a lot of room to test the upper 2022 trend channel and the forever infamous 420.69. I swear some deep pocket whale like Elon has his algos pinned to 420.69 ...
It felt like yesterday that Obama Care was the biggest concern on everyones minds. After 1.4 Trillion in healthcare spendings in 2021 and COVID pounding on weaker baby boomer populations has driven total debt into a parabolic upwards trend. War is festering in Ukraine, Wars get expensive. EU is on the brink of an Energy Crisis unlike anyone has seen...
Hard rejection from what I call the Archegos Gap. The Archegos gap is a gap up created in SPY during a rally after the infamous HF collapsed and the FEDs RRP which is still climbing to historic levels. The gap was finally closed in May, only to open a gap down in June that was just barely filled last Friday before selling off to where we are now. I had a...
What happens when a rising USD and high inflation effect the bottom line of US tech giants. Qs look like a good buy if this trend continues up and fills the JAN9 Gap. APPL has been accumulating now for months under 150 GOOG split finishes off the the 1-2-3 splits earlier this year by Mega Caps APPL and AMZN. After NFLX cratered 22% twice in the past 2 ERs,...
Now, this is a story all about how My rates got flipped-turned upside down And I'd like to take a minute Just sit right there I'll tell you how I became the fresh print of a town called Wall Street In West Chicago born and raised On the bond market was where I spent most of my days Chillin' out, maxin', relaxin', all cool And all buying' some spreads outside of a...
With todays rally from the lows, investors dumped oil and ran to tech. ARKK Finally hit bottom in search of hope? SPY is in harmony at 370/380. Key Area support at Archegos event horizon. This is setting up to be a short squeeze higher in tech for names like AAPL China Tech names have been channelling higher with names like TME riding the top +2 STD...
Do you hear nothing that I say. But moving a single stock around is one thing, moving the entire market is totally different. No, No Different, Only in your mind. You Must Un-Learn what you have learned. Alright, I'll give it a try No, Try Not. Do, Or Do Not. There is no Try I Can't. The Market is too Big. Size Matters Not. Judge me by my size do...