Quick follow up to my 1-3 month analysis found here. My vol premium selling thesis from that analysis has footprints in the SPX options chain. This can be seen in the JAN20 SPX expiry 4000 strike. The amount of puts and calls could theoretically cancel each other out but over 300k options on the strike. I expect to stay in the ranges I outlined at least...
20ema crossing 50ema on daily, past two times we've seen a ~6% increase & ~4% increase respectively in the leading days. 20ema is currently crossing 50ema. Should rally with solid CPI on Thursday. 4060-4100 target.
The most probable trend in Bitcoin will be collapsing sharply to 4000 USD until end of the year. According Fibonacci channels of the Bitcoin historical trends and the economic situation of the world, bitcoin will dramatically fall to the 4000 USD until end of the 2022.
amazon flagging 15 min short bull flag run up to supply pre earnings
Ether started to retrace earlier in the week, following a failed attempt to sustain price action above $3,600. It became difficult to hold support above $3,500, resulting in a further deep to $3,400. correction was healthy for Ethereum , whose bulls needed to take eth to $4,000. SUMMARY :: Trend: Bullish Support: $3,400 & $3,250 Resistance: $3,850 and $4,000
Notice, you we have an average of $40 between each support and resistance level. Great chance fo make a little swing money!
In short, I am no longer short. The recent additional QE measures and absurd position of the Fed to continue to expand it's balance sheet with no regard of the consequences tell me a few things. A. The fed and talking heads know that they have pretty much convinced THE HERD that blowing a bubble inside of a bubble is not only logical, it's our saving grace. B....
Is this pitchfork that I've drawn to the downside. As you can clearly see we went through it. The last opportunity for the crash was on 1st of October. Just take a good look at it, it would be a perfect timing. A lot of people say explosive move is coming to the downside or upside, but I disagree with all of them. I think we're just gonna continue sideways and...
This chart is just too perfect. The time-adjusted overlay of the 2014 crash with the current bear trend matches spot on. If it continues to play out it suggests a rally to ~12k before making new lows and eventually a nice round bottom before starting the next big bull run in 2019. Going to keep following this and will post updates. Happy trading!
Buy GOLD now for 3000+ pips of rise