There have been four other occasions where we have seen flash crashes that have lasted 8 weeks roughly. 1. 1998 Panic lasted 8 weeks 2. 1928 panic lasted 8 weeks 3. 1987 lasted 8 weeks 4. 2020 covid crash lasted roughly 8 weeks my opinion is that we could have a flash crash before rallying to new heights...i will cover catalysts for rally in next post
If we get a quick crash due to few factors that I am going to list below, the support seems to be a the blue rail and noted in the chart. Few factors that could cause this are 1. Yen Carry Trade 2. Interest rate inversion uninversion of 2 yr and 10 yr 3. AI bubble burst or correction
yes we are still in a final hurrah rally and should start to cool off in to next year....it should break the trend line to kill the bulls at the bottom with a false break down (like a good hunter would do to cull the herd)... before rallying into high as the war brings inflation and money floods into the US from europe and asia etc....
many of my predictions are coming true and maybe this one too will see the light of day in 2030 all the lines are lining up and all the trend lines are lining up it is a beautiful chart every technician will love
it is ready to rally asap and should cover ground quickly to above 80 bulls will kepp buying and it should rocket in august it will be time to book profits at that levels as shown...
this is insane action and it will continue to reward players this is great news for bulls i am expecting it to crash into the overhead resistances as shown let us see which one will hold....the bigger questions is what is happening with spx....
many of the countries are getting crushed due to strong dollar looks like it will take a year for this to drop 10% and should be a good boost to the stock markets and metals... hoping that many will buy the silver markets as it looks promising for a easy double look for those charts in my my next posting
looks like a breakout to me and it should start to atleast go up 50% at this rate and this should coincide with the drop in dollar. major downtrendline broken...which is excellent news for the bulls look for other posts on progress of spx to 6000 and dollar lower targets
you will need balls of brass to play this rally many are tired and run down just play the charts and with little of luck, we can make the mulah and remember to wish me good luck...
Moving Average Convergence Divergence (MACD): The MACD is a trend-following indicator that uses moving averages to identify changes in momentum. The MACD for SoFi is currently in a bullish trend, with the MACD line crossing above the signal line. This suggests that the momentum in SoFi is positive and that the stock is likely to continue to rise. Relative Strength...
yes it is ready for prime time after over two years of rout it should easily double from here maybe this AI thing will do the trick and bring in the peoples wish me good luck
this is the one that is going to 21 before we see that huge supply it would be an act of god to get through it before a bounce so it should form a larger IHS before the herd punches through it wish me good luck
it has formed a nice little IHS And ready to blast off after a year of consolidation it should follow the footsteps of sofi and pltr as they did with similar IHS' so it has a 60% rise atleast available for savvy traders i am long this now so that we can harvest the 60% wish me good luck...
we have an inverse head and shoulders in play here....the targets are shown on the chart the IHS shows target of 15 this has been consolidating for a year and in an impluse move now many will get in around 15 or so... wish me good luck
all crypto money will flood into bitcoin that is how it looks right now it should head to 130K by nove 2023 wish me good luck
if we get the pump going as it seems to be happenign as it has broken out of the channell so it is go time for many meme stocks including arkk etc wish me good luck
easy money it is in a such a strong uptrend...it will suck in lot of bulls it is trending on wsb as well wish me good luck
we shall see it still has good growth prospects it may be an overreaction wish me good luck