ThaDocta

ThaDocta

Clearly this is what we are dealing with.

ThaDocta

This is something to keep an eye on. If bitcoin makes a convincing move outside of the consolidation pattern, I will play the direction of the breakout.

ThaDocta

Amazon is likely becoming its own index with the company becoming more involved in everyday life. I wouldn't be surprised to see spx continue to underperform comparatively as Amazon gobbles up more of the market and overtakes the index. As small and mid size businesses struggle, this powerhouse will remain. Currently Amazon is rocking a PE ratio of over 100,...

ThaDocta Updated 

I'm not a professional and this isn't advice. Something to look at.

ThaDocta

With the US employing a half-baked response and most communities only taking the virus seriously within the last several days, I am forecasting about 150k cases based on the current rates of 20-25% increases per day. It is important to note that this extreme blow off top could have been prevented by proper leadership in the earlier days of February, such as...

ThaDocta

Not gonna attempt to decipher this into meaning anything, just gonna observe.

ThaDocta

Take a look form an opinion, mine is the longer term bear market won't start until the next peak.

ThaDocta

To those who keep persisting that we are still in a bear market, is almost 230% off the lows just not enough to convince you? I normally try to stay civil with people I disagree with, but I fear you guys may need a referral for a cat scan.

ThaDocta Updated 

Due to crypto being high volatility, I have mapped out a couple patterns price action is likely to follow (opinion), but the sentiment is the same on both triangles. What we are looking at here is price being squashed down to a point with bearish tones on the break. -Declining volume -Declining rsi, however, let's note that at time of publishing it is...

ThaDocta Updated 

This is my first stab at this, I mainly want to present how I see the charts, and would love to get feedback as well. Looking at the daily I've marked three significant levels. - If price action pushes above the 2.93 level I will consider a daily trade with hopes of reaching to the 4.11 level. - If price falls below the 1.70 level I will hunt for an...