We are at a critical point of a break! Apple breaks down, the whole Market breaks down. I'm personally short here due to what I see in ES (wave 4 is confirmed if we don't take out today's highs, if 4 confirms we are in a wave 5) But today's close was bullish, APPLE is above 200 day and the trend line from December 2018.
Pretty safe to go short here. Personally went net short. We gonna get that capitulation on this impulse wave 5.
I'm long Oil here. Most traders see this as a descending triangle breakdown. Nice short covering rally should be close, especial if we regain the trend line at around $21.
Hi probability we breakdown here! If we take out Thursdays highs the call is dead!
We are in a Chanel. Possible bounce here and we all should go short on the bounce for next week.
Selling climax is running out of time! Rip your face rally is underway! Buy the Dip tomorrow!
90 year debt bubble crash 3 month late. Federal reserve delayed it by interfering with the Repo Market since September 17th. But then they took a break; on purpose? Federal reserve Balance stopped growing and we have the Crash. Let see if history Repeats
More selling. Was hoping for a pop on Friday but it doesn't look like its gonna happen!
We bounced as I was suspecting from yesterday finding a new trendline and it held. Also came in with downward trendline test on ES etc. And it should be a big bounce. Short this rally guys. Apple will sell off 25-30%. Buy some puts and hold it. I sold my Apple puts too early. It went 1000% but I cashed 250%. $310 entry would be nice that gap fill! If we get that...
1929 Stock Market got Disconnected from the real Economy and started to make all time highs! That is exactly what happened this year. 90 year Debt Cycle is due now. Back then Stock Market had a false break out of Megaphone Pattern and crashed soon after breaking down fron a rising wedge. Let see if charts will repeat as well!!! I just cant see how Gamblers gonna...
I've posted this comparison just for fun back in December but its playing out! Eerily similar. Watch the retest of 200MA. If we fail and started to sell off....
I thinks its over done. Expected a bounce today but it didn't happen. So tomorrow we probably going to Gap down and reverse to mark a short term bottom or a V-Shape recovery similar to December 2018?
Fed Easy Money Policy is keep pushing Stocks higher! If you give a drug addict a drug they will feel good for a while but one day they will overdose. I think we are close to that moment because the way Repo Market is behaving, also Credit Spreads are widening like Dec 2018 . Will the credit freeze combined with traders locking in profits in January could cause the...
Last H&S I Posted didn't fit really well. Now we have the perfect neckline. If we break here its not good!!!
Crash Imminent guys. 11.11.2019 maybe the day we remember. Repo Market needs Fed to interfere for infinite. Corporate Cash Flow -15% from a year ago. Stock buy backs loosing Steam. PMI bellow 50. Can go on and on I think we are in a recession right now, or started third quarter of 2019 and followed by first rate Cut. Fed is fighting recession. Fed Balance sheet...