avka81

avka81

Is Bitcoin Going to Lead the Equity Markets down??? Let see if this H&S plays out.

avka81

Stock Markets hasn't gone anywhere in the last 1 year and 9 month. Some say Bullish Megaphone Pattern and I believe Its Bearish. Stock buy backs are loosing steam, Repo market smell funky, Consumer debt hitting all time high, Corporate Debt hitting all time high, Government Debt hitting all time high. When all debt hits all time high at the same time, we always...

avka81

XLK broke down from trend line and triggered a sell signal on a daily Chart. Short if it Fails at retest of trend line. Technology goes down, so does the Equity Markets!!!

avka81

As we can see we fell almost 25% and fell bellow 200 MA and looks like developing a Bear Flag. If we break above the 200 MA than $9100 is in play before another leg down!!

avka81

This is the one single important aspect of all Market. We have been in a bond Bubble for sometime (40 year Bull Market). Question is: Do we have more room or this is it? Everyone one is calling for lower Yields, but we have to remember US Dollar is the Reserve Currency and cannot have negative rates attached to it like EURO or YEN. I personally think we are going...

avka81

As you can see BTC Broke down from the trend line and retesting. If it fails go short!!! If I bet my Money US Stock Market and BTC will fall together!!!

avka81

I always say to people when asked 'when to buy Gold' I say yesterday. Sometimes bull Markets don't give you a chance to get in cheap. A lots of people eyeing on that $1525 level and we closed solid above it. Next bull flag target $1630 and we might see a pull back (maybe not depending on the FED). Silver looks even better!!!

avka81

Microsoft and Faang Breaks The Whole Market Breaks!!! Sell Signal Triggered on Amazon. Watch the rest of the Market to make sure it sticks!!!

avka81

Microsoft and Faang Breaks The Whole Market Breaks!!! Short FB if the rest of the FAANG breaks the trend lines!!

avka81

Microsoft and FAANG Breaks The Whole Market Breaks!!! Microsoft and FAANG Stocks are at Critical support and trend line. Short it on the break of the trend line.

avka81

We ended up breaking to the downside! The weakness in Transport telling us that we are in a Recession or Heading to one!!

avka81

Just sold my APPLE longs today when we failed to rally at open. I believe Sell off is not over. QQQ is doing the same Bear Flag Pattern. More Sell of will Continue at end of this week or next week!

avka81

QQQ in a consolidation period. PPO crossed over going down on a weekly, 2 day and 4 hour time frames. Just waiting on the weekly candle to close to confirm the weekly cross over for 100% accuracy but it Looks like the cross over will stick!!! Very powerful indicator!

avka81

This potential trend line I've been watching since May. Might play out. If we hold 2880-2900 level. It could As I mentioned in my previous post Crashes don't usually happen in Summer. Let see what happens!!! If I bet my Money we could crash between Oct 2019-January 2020!!!!

avka81

Markets are Addicted to Cheap Money, no Fundamentals anymore. They will get their overdose soon enough. I don't think this rate cut is the final dose but Q4 and negative rates will be the final dose that k++++ the host. Historically first 2 rate cuts induce 10-20% rally but this time experts think its already priced in. Since December people bought the rumor and...

avka81

US Dollar broke down from the wedge and retesting it. High probability Fed Cuts rates by July. Dollar down gold up! Jerome Powell what are you gonna do? Save the dollar or the Financial Markets? Horrible position to be in.....

avka81

Apple is holding support really well. Once we break above May 30th high we will have a short covering rally. 5-6% minimum to possibly 10%. Good risk reward. Remember folks 1st of the month is usually bullish as hedge fund and fund managers do re balancing. We could see a lot of buying and shorts will force to cover. We could gap down on Monday but risk is to the...

avka81

Correction is due! I would love to see BTC at $4141 again and then move higher to solidify the next BULL MARKET!!!