For those that followed my prediction for the top of the market and the crash (
), here comes the next step in the recession. Yes, we are in a recession. The bullish correction should peak at around 0.382 retracement. Follow the chart analysis posted. Have conviction...
Around the turn of the new year, Bitcoin will bounce off the long term trend line. Bottom should be in at around $2400.
For the careful, I recommend a long entry after the break of the downtrend line in red.
After the current capitulation we are all experiencing, it will take some time for Bitcoin to regain its strength and speed. It will glide for a month or...
I reviewed my previous SPY analysis and made a few crucial mistakes. Do not follow my previous spx, spy ideas.
I spent more time studying the charts, the VIX and the products inside S&P 500. I'm expecting another all time high this year before a larger correction.
Here is the chart and targets I'm quite confident with and will be playing. Follow along for...
We should visit the yellow steps.
The blue step is a bit of a stretch but not impossible. Today, my confidence for this target is at 60%. This will change over time. I'll try to provide updates when we move lower.
Careful with your trades. Bigger moves are upon us.
Markets need some correction. Not the end of the world but could kick the markets into another recession.
Confirmed with the VIX squeeze and 10Y T Bonds reversal.