The posted was that of the nyse we have now reached the long term trendline . I am of the opinion that based on timing and math we are nearing the end of wave 3 of 5 we should begin an rather nice decline into april and then blowoff to the upper channel into may 11th
I am posting the WEEKLY chart for good reason today at the upper BB bands can still be reached once we break above 5211 . which is 1 x 1.382 we should then run easy to the band top and is 1.5 x 1 to equal wave 3 at 5311 alt is a blowoff thru the bands and could reach 5339 This could all happen this week
We now have a nice 5 waves up just past .618 of the 3 waves drop . We should now see a drop of 50% pullback this maybe the reason stocks rally .Food for though
The chart posted is that of Bitcoin . As you can see the Importance of 58800 and that we rallied to 4.236 into the 72600 area high 73500 and have now pulled back in an ABC decline into fib support 60800 . Since we seem to be traveling within the channel posted I tend to think that the next ??? rally if it stays above 58000 would reach 84500 into APRIL 2nd...
Europe as is the whole world is now setup for a correction of greater than 5% from 3/11 to April 2 nd 4/2 2024 . I am short and long in the money and at the money puts .
The iwm the index most quoted this year to move up %50% by most of the Talking wall cnbc well now trick and trap is now setup to take the $
Bitcoin has now reached 4.235 and 3.618 at 72 296 we have seen a peak into 73500 even and into the spirals peak due 3/11 plus or minus 2.5 days for the markets in spx qqq bitcoin the flow of money models say move from friendly and bullish to now SHORT ALL ASSETS look for major decline now into 4/2 to 10 I am now 100 % SHORT AS OF THIS POST
The chart posted is the NYSE and I have not alt one wave within the count and We have 7 golden ratio spirals in time pointing to a FOCUS Point the week of JAN 10 to the 18th 2024 I am LOOKING FOR A WORLD WIDE EVENT If you look at each one of the points The Markets had HUGE MOVES that started. We are now also above the monthly Bollinger bands in the dji ...
The chart posted is the updated chart of BITCOIN . The pattern As I started was an ending 4 th wave triangle and called for a rally in a thrust the min target was 54900/55540 to which I said sell above . We then had a rather clear move thru 1.618 of waves 1/3 and moved to a pefect 2.618 =63880 . I can NOW stated very clear you should NEVER break 58880 if we...
I now can label the rally as ENDED in the IWM . Most are looking at this rally as a break out I am worried if this breaks from here .If it does based on the P/C models we would break and it would be UGLY .
Bitcoin chart Wave 5 of 5 or wave 5 of 3 .I told my trusts all of them to sell at the min target of 54900/55400 for it was a min in a 5 wave blowoff wave 5 can rally 1.618 wave 1 to 3 that was 63880 see chart MATH MATH MATH And NOT the HYPE.
As of today I now have a RSI sell Can we pop yes will we maybe is it worth not being in a put position No . based on all rates of change and the Hindenburg sell and 20 day put/call . At most is that last pop to 5131 I talked about or the QQQ reaching 444.1 As the post last week from the 421 area I said we should see 440 and Maybe 444.1 . The clock is running...
The chart posted is that of bitcoin and the ending of a 4 wave we are now in wave 5 of 5 of 5 TOP is of major Significance 54900/55350 SELL
The chart posted of Cash bitcoin is ready to be seen into the end of this week up to march 6th for the CYCLE PEAK and then I would look for a huge pullback or a wave 1 down . I would look for some bullish news into this next peak. This should also see the sp 500 and QQQ and chips stocks peaking
the chart posted is that of DE I see a rather good rally for the short term I see a nice rally to 389/391
I covered all puts as the vix printed the high this morning and have taken a small 25% net long on the view that this morning low was a minor wave 4 within the 5th wave diagonal . the dow came within 25 points of the min the target was 38950 to as high as 39200 focus on 39100 . today drop is the first of the cracks in the bubble phase . 10 20 and 5 day...
The chart posted is that of NVDA . I now feel the RISK is at a 10 out of 10 .based on wave structure and the relationships within the waves . last week I talked about 2.618 on a log scale as being an issue and we saw the reaction at that point 733 we then declined in an ABC and wave 2 and 4 were equal . I then labeled the decline as wave4 waves 1 and 5 would...
The chart posted is that of BITCOIN and my view of the structure . We seem to be in a final 4th wave and we should see the break of my midpoint in the long term channel wave 1 and 5 will be equal at the 55500 to 57120 focus on 56280 the mid point of the channel is 54800 So move to CASH once we see that 5th wave into this target as to the TIme that is...