redlinesd

redlinesd

Are we going to break next orbit? SP500 is getting close to the top, what's it going to be 492? 505-515? 560? 600? Or we just going up and up and up?

redlinesd

Started messing with fib circles on spy, connected 2009 low with 2020 high - not too bad. But then that connection trend line is pretty perfect - let's double up some parallel channels. Hmmm - not bad. Let's look at some fibs, POC's. And I wonder if That bottom megaphone line fits in there - well yes it does :) Yellow or red pathway? Anybody got any thoughts? Red...

redlinesd

We have a bit of confirmation of the log trend line we broke in 2018, and recently got above. Look where we landed on last pull back! If you scroll back to 2009 there is an easter egg :)

redlinesd

looks like BTC in the bullish running triangle. Likely built up energy for move higher. If it can get above the red line. 56k imo is the next target.

redlinesd

Right away - I am not wave specialist by any means. What if we are only in the middle of the cycle? Everybody expecting big correction very very soon. What if we are not there just yet? It could obviously come soon as the move looking like it wants to complete itself in the hurry. But I believe we might have some ways to go.

redlinesd

Looks like we had a very decent breakout. big pitchfork is a path from firs leg in the downtrend. it looks like it completed first impulse wave up and back test of the red line would be a tell. If it plays out and we bounce off higher low and then higher high, we might be in the next leg up. small fork is just hypothetical, depends where first down leg ends. But...

redlinesd

Very good spot to short CARR, trade is wrong with day close above orange line above orange line.

redlinesd

Just a candle copy. I doubt we will break top of the fib channel. If we do - will probably have very fast acceleration to the upside - why not nowadays anything is possible :) But with FED not changing policy forever could we see similar pattern as we had after 2009?

redlinesd

Fib channel 1/4 - 1/2 - 1's of the SPX capturing majority of the big pivot points. We may be close to very important spot. 450-451? Just from number perspective we got to have at least small pullback from there. I am watching these numbers: 418, 405, 391, 358 not exact numbers but vicinity.

redlinesd

Looks like Triangle breaking to the upside. But there are few trend resistance lines over head.

redlinesd

What is your guys take on this one?

redlinesd

Is history about to repeat? Deflation?

redlinesd

I wonder if it will play out exactly the same. Why in the world would gold enter bear market? Strong dollar? Deflation?

redlinesd

Will see how it plays out!

redlinesd

Follow symmetrical arrows.

redlinesd

Possible scenario of price movement on NKE, equal arrows move size, correlates with fib as well. Just curious if it will work out. Looked like it was primed to go to 105, it might still go there depending on the whole market behavior.

redlinesd

It is

redlinesd

BTC road and possible turns.