Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Downward trend is clear. So far ABC complete, were either goin to break the downward line, or do a D and come back down to complete E.
Clorox has been a great COVID play, naturally.. So far a .38 retrace, possible to bounce here or another 10%+ decline, the trend is clear on the multi decade support channel.
My strategy would be to to buy around here and place a stop loss below the blue line.
Another "bottom of the line" stock. As always, don't take this as the "bible"... please do your own research before investing. This is just to give an idea.
The multi-decade line still holding. But, as always, please do your own due diligence/research.
Waiting to see how this shakeouts after the election
Perfect hold on that multi-decade bottom line. Could be a good entry after this shakeout from the election blah blah.
Roughly 7-9 year fade-out after every peak. Is this time going to be different? Time would tell, either way I am personally skeptical buying at this level.
My favorite of the "classics" as I'd like to call it. Put that top line wherever you want, but its the bottom line that matters.
Looking to see if this trend line holds.
Highest Probability of Bristol-Myers Squibb Multi-Decade trend.
Highest Probable path for Ball Corp's Multi-Decade trend.
BAC broke its multi-decade trend, also broke its 2009 support line, would need to get above both before I would consider buying.
channel is broken, looks like an opportunity for brief short position .. As always, please do your own DD
Iβm still not convinced that we are going to all time highs anytime soon.. test of March lows need to happen for validation. Iβm not a perma bear but Iβm skeptical of this bounce from the lows. I expect a retest, and if lower than 2200βs then I expect a drop down to 50% of February 2020 peak which is around 1600-1800 range. Please trade at your own risk, do...