markethunter888

markethunter888

1. Moderna is extremely oversold and we’re starting to see a very reliable bottoming pattern; i.e. bullish divergence on the RSI. This exact setup was seen few months back (see chart) and that’s how I called the bottom back then. 2. Given all the news about bird flu, not only does it put a floor underneath this stock but makes it quite likely a major rally...

03:07

markethunter888

After the selloff in early August due to the Yen carry trade, panic levels exploded. However, over the past 3 weeks, the market is back to extreme complacency and that's not a good sign for the bulls.

04:53

markethunter888

Over the past 10 days, the SPX has had a very strong bounce. These aggressive moves are typically indicative of bear market rallies, as opposed to bull market rallies.

05:47

markethunter888

This video is an analysis on the Wyckoff accumulation setup. All aspects of the method are being checked off so it's just a matter of time before we get a breakout due to a "catalyst in the news". Obviously, good news for the vaccine sector will probably be bad news for the overall market.

05:21

markethunter888

This setup is a swing trade which could last a few weeks. It seems like zoom is forming a major bottom due to the reasons mentioned in the video. Appreciate your feedback !

07:50

markethunter888

I've used 2 indicators, namely, RSI and Bollinger Bands to make a case as to why price is unlikely to go higher.

06:03

markethunter888

Global indices are are not supporting this recent break to new all time highs (by the American indices). This is a negative divergence which is a warning sign as per historic signals.

05:28

markethunter888

The overall setup of the markets as combined with the vaccine stocks rallying is a very ominous sign. This could mean lockdowns could be coming back this summer due to bird flu. Disclaimer: This is NOT financial advice to buy/ sell any instrument; just my speculation.

04:21

markethunter888

Even though the SPX has broken to new all time highs (led by the nasdaq), it is not being supported by the internals. This might quite likely be a false breakout.

05:58

markethunter888

I have analyzed the SPX using 2 common indicators; i.e. RSI and breadth above 200d SMA. A very similar setup was seen just before the 2018 correction and the 2020 crash. This recent rally of past 5 months is bigger and more irrational than the previous two rallies. Thus, we should expect a bigger move down over the long-term.

07:02

markethunter888

Pfizer looks ripe for a bullish breakout so expect a catalyst to show up VERY SOON. "charts predict the news

05:58

markethunter888

I have looked at the charts of Moderna and explained why I'm so bullish this stock as well as the general sector. We should expect a catalyst show up in the news in the very near future which should cause a big spike in this sector and that cannot be good for the overall market.

05:53

markethunter888

I've shown multiple rallies over the years as a comparison to the current rally. Currently, this rally has been 25% in 18 weeks which is clearly the biggest in the past 12 years and most likely in history.

06:00

markethunter888

I've taken a look at multiple asset classes; i.e. global indices, crypto & gold which are all rallying into a cycle week. Further, all global indices are extremely overbought which increases the likelihood of a turn around. This signal is extremely rare and if everything is turning downward from here, the catalyst will be a PRETTY BIG DEAL. As always, charts...

04:44

markethunter888

I've used 3 indicators, namely, MACD, RSI & BB width to show the idea of momentum building up in the background. If VIX spikes that's definitely not a good thing for the markets. Volatility is a mean reverting animal so its just simple statistics that a big spike is coming. TIMEFRAME: If vix starts to pop this week, the rally could end 3-4 weeks from now.

05:37

markethunter888

Usually, you want a bull market to have breadth but on occasion things get quite over extended and even the weak stocks start to run. This is reflected in the market breadth and when it gets too high, it's time to start preparing for a correction

07:45

markethunter888

In this video I've done an analysis using bollinger bands combined with RSI to emphasize how extreme this recent rally has been. It surely seems like this rally will run out of gas VERY SOON

03:49

markethunter888

SPY seems to be following an approximate 8 week cycle which has consistently marked turning points. This rally is heading straight into a cycle week so a major top could be forming right now.