Bigshort
US30 SHORT 1H DT - FOLLOW UP + TARGETFollowing the US30 reaching to the support of the wedge around 25,050-25,100 after my last idea, US30 continued rise back to the 25800 resistance, forming a triple top - within the same day an immediate reaction came when it broke back below the neckline around 25,600 area as a result of reaching the descending trend line resistance converged with the triple top resistance at the significant 25,800 multiple convergence zone.
As a result of dropping below the neck line at 25,600 , the US30 continued to fall within the 'wedge' area reaching close to the wedge support and initial double top target around 24,800-24,900 support zone.
Total points of drop since sell idea published June 25th:
-On the same day -250 point catch to 25,100.
-The next day additional -850 points catch to 24,960 following the bear trend and averaging on the first short position.
A total of 1,100 points in just a single trading day.
The US30 is facing strong bearish indications both fundamental and technical - it's important to take advantage of this rare volatile time.
Get in touch with me to learn more on how to continue trading the US30 and more.
US30 SELL SHORT 1H DTClear double top indicated across time frames around 26,300-26,400, clearly seen on 1h chart as well as 4h.
Neck line break following a 800 dollar drop below 25,500 with a daily close.
Following a neck line break the expected drop is equal to the distance between neckline to tops, meaning 800.
Target stands on 24,600-800 for now.
The fundamentals remain uncertain as infections rate grow stronger globally together with lack of consistent confidence.
Holiday season 2020 remains massively uncertain as well, threatening multiple huge industries.
Strong combination of technical and fundamental confirmation.
Bold US30 predictionCourtesy for this opportunity goes to @FOXofLA and I immediately noticed the agreement with my US30 intermarket correlation chart.
The market is still very undecided and causing sideways movement most of the time with sudden strong momentum when one of the leading competing parties is not paying attention. It is therefore also. and including worldwide CB stimulus, that bullish sentiment still exist and imho capable of reaching 30k.
I wouldn't even be surprised if for a moment it looks like it is breaking through the trendline as well. Somewhere June/July or maybe August the awareness of worldwide failed monetair policies kicks off capitulation of world's most popular stock market.
Big Short II?
Dow Jones - Update on Correction, 5th wave ext. over at 78.6%-D1Simple idea, the market is very overbought within an extension which generally means a strong correction; should begin expansion after a floor is made around 23,000; unless the markets go for a steeper drop. In this case the Weekly chart may turn into a giant ABC pattern directed towards 13-15k.
Sankara’s Brain: Buffalo Season All Week 🐃🐃🐃 US30Will we see a second attempt to cross the 26k level?
Yes.
Will we continue to sideways shimmy up past 27000 with dead volume and sideways bearishness?
It’s entirely possible. 😔
As explained previously, I'm holding on to my shorts (I have positions from 25500 -23500) up until 27kish levels - and I'll continue to buy more! Why?
Two reasons... Firstly. Because I can. I’ve covered enough profit in interim to cover cost buying them. And secondly, I'm still, deep down inside, a big dirty 🐻
The market is begging for a significant size correction, down to 22/21k IMO.
However, this week the money is on a 26k push for the big play. (could even happen in weak overnight Trading) soft sideways movement with the 25500/26000 range up and until that push.
My Plan?
My day strategy remains the same. As always! 365 - I don't slip. I.. Rip n I dip!! There is enough daily volatility to buy a buffalo each day this week for dinner—Tis’ the season.
I am looking for another small short opportunity if 26k Level push fails 🐻
For the more extensive weekly play - I’ve brought long @25290 - with an SL 25450 / TP 25920 exit. (no hedge as I'm already in profit currently around 25700 levels)
Full ’War Room’ report, coming later this week.
Thanks for following. Stay safe and profitable.
🔚
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Disclaimer⛔️:
Please do NOT use my ideas as the basis for any financial investment.
This content is time, price and market sensitive and intended for educational purposes only.
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Bio 🅱️:
Charles Sankara
Day Trader
London 🇬🇧
Ochie Rios 🇯🇲
Mombasa 🇰🇪
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SPY - crazy LONG move! Be careful BIG PLAYERS want your money!Hi traders,
I would like to share my opinion on the SPY market. I really don't understand where so much confidence comes from.
I think INSIDERS and BIG PLAYERS are going to open SHORT trades. And because they need a counterparty they must persuade lots of traders to feel the SPY will rise up to heaven.
And how to achieve it? Just show a few green candles on the chart - This will make beginners feel like they have missed an opportunity.
So be careful! I think Short is about to come.
Good trading.
Jakub
FINEIGHT
AUD/NZD, Huge Drop Incoming?Price broke through an ascending trend line and is now retesting the broken zone. We will be ready to take a nice short if we get confirmation on the lower timeframe such as the 4h or 1h.
Info Edge (Naukari) Weakness Ahead The price action looking weak as it confirmed a Lower High (LH) and now it may continue the downward trend and will fall further down. The price action may reach to following targets.
T1- 1900 (1:1)
T2- 1600 (2:1)
SL - 2360
TREND REVERSE ON GOLDYo Traders!
Gold might fall down!
Look to sell after a breakout it's made. Please check a candlestickpattern like a bearish engulfing or a shooting star, after the confirmation you can enter in the transaction.
You can see that the volume of buyers dropped wich means a big return might come. Be very careful!
If you support this ideea, feel free to comment below and like!
Remember: Don't look for fat wins because the only thing you will get is FAT.
GOLD "THE BIG SHORT" SOON.... OR NOW!. Gold we have a great and potential opportunity. We could now go on sale, keeping a correct management of the capital, since it is very possible that it will reach the 1800s. Or wait. But the fall is imminent, we have strong resistance which combined with our patterns, should send the gold down.
Second Wave is Comming.USA's trouble with healthcare and Trump's actions aimed to save economy instead of people will cause another Short wave.
Could Real Estate be the next "Shoe" to drop?AMEX:REK Though it may be a little early to tell, we might just might see a buyer's market emerging in real estate in the next few months to come.
Although, not a popular ETF, this short ProShares ETF seeks a return that is -1x of the Dow Jones U.S. Real Estate Index. I know it's probably not most pleasing though to think the real estate market could go down, but it is possible that the recent 3 million Americans unemployed due to the Coronavirus could be one of the first signs of an economic slowdown. Historically, if you look at how monetary policy plays a role into the economy, lowering the Fed Funds rate helps loosen credit so that banks and business pay less interest. However, this in turn often affects fixed income and mortgage rates.
After the 2008 Financial crisis, the Federal reserve initiated QE, short for quantitative easing, which can be thought of as an injection of money into the heart of our financial system... or as like to say "printing money." We have seen a similar action taken by the Federal Reserve recently. Under "normal" conditions real estate prices move opposite of mortgage rates. You either spend more money for a house or commercial property and pay a lower interest rate, or you wait for real estate prices to fall, but enter a mortgage with a bit of a higher interest rate.
In this situation, we have unemployment on the rise in the U.S. and globally. Businesses around the world are closing... some of which may be permanent, people are not spending money, and may fall in debt. In some states, such as California, major banks have a 90 day waiver on residential mortgage payments to provide time for people to get back to work. However, it is uncertain if many of the unemployed population will have a job to return to in order to meet their obligations to the bank.
Throughout the bull market, shares of REK have been steadily declining as interest rates have been near 0 for most of that time, allowing the economy to strengthen. However, since the initial drop on Feb 28th, 2020, REK has increased by 50% and the average volume has since increased 10-fold. On a daily basis, the average volume of shares traded has been ~24,000 range. In recent days that number has increase to ~240,000.
What are your thoughts? Where do you see Real Estate heading in the next few months to come?
What A Great Product, Yet Even A Better Short! $325 SoonTESLA is one of the greatest and most innovative companies ever. None the less they are over valued and there are tons of red flags within the company. Now is time to short.
Overall I am bullish on the Cyber Semi's , Solar City, Model Y. But the corona virus will put this company back at fair value if not discounted value.
Some critical areas to watch are listed on the chart.
This is not trading advice!
Long Term Short Potential 20 plus dollar per share opportunityFundies
All key fundies are highlighting a downturn for this company. Currently priced in the 50s actual value should be around the 15 - 20 range
EPS, PEG, Earnings Yields and Return on Capital rates of change all slowing.
If current Macro outlook continues this a must short as its so overvalued.
Earnings coming up in Jan which i fully anticipate them missing, unless they inject so sort of capital in the short term to boost
Techies
Phase one of down turn completed and currently in Distribution / Re-Accumulation phase getting ready for next leg down.
Trade outlook
Initial break of long term bottom 3 months (could also fall big if current earnings estimate of 1.51 is missed and currently is on track to miss that by some way)
With 15 - 20 range being hit in 6-12 months (if current rate of change continues)
Apple SHORTWe have an incredible opportunity to short the stocks of Apple. Just look at how distinct are the divergences between the price and oscillators, i believe 2020 will be a tough year for Apple. We can expect a decline all the way down to $150. Someone is going to make a big money.
Gold Structural play (Daily) Swing 1:10Two (.33 lots)
Risk 100 pips : $330.00
Reward 850 pips : $2,805.00
+
Former order (0.05)
Risk: 120 pips : $60.00
Reward: 320 pips : $160.00
Total:
Risk: 220 pips = $380.00*
Reward: 1,170 pips = $3,000.00*
Shifting SL to TP points after structure & Retests allows.. Double TP Tradinnnn
So this is how Sam9y and ShaunLee do trades and win BIG.
USDCHF huge short opportunitytwo weeks ago we saw USDCHF break a long term bullish trendline, it has been choppy going upwards so it's only a matter of time before those big short players come in the field
Description in, simple and understandable. If not that, what?Recently I witnessed myself some people being unaware of our financial situation, worldwide.
The TVC:SPX is very close to a BOOM! Mathematically proven, but again, that doesn't mean much nowdays. The benefit of the doubt and a load of other crazy things happening is not impossible. This scenario is most probable in my opinion and i'm very invested to it !
We are in the bring of a possibly disastrous situation that would leave the world shattered behind it.
So big that the world would demand change.You are all free to agree or disagree but know that I will support strongly my beliefs till I'm proven wrong.
Trying to educate myself I am more than happy to exchange educational ideas or thoughts and of course constructional feedback.
Anyone who wants can just come join us on this journey on our facebook page : www.facebook.com
GOLD Big Short UpdateUpdate:
Gold now broke the support line @1484.
I will now retrace. Maybe we can see 1484 again. But finally after that it will make a big drop
Target will be 1430-1420
