Big crash coming to US30 as well
the worst back in the 2000’s. Bird flu is spreading H5 and another bird flu variant is spreading as well.
Fed officials sold all of there stocks.
Recovery bounce up won’t be up soon after the crashes is finish.
Even so the inflation is soaring higher; war gone worse Russia& ukraine .. lots of nuclear weapons using and...
Soaring inflation price going a lot higher , the economy are slowing down, recession hitting towards USA & NAS will be facing the big crash since World War II and back in 2008.
This isn’t financial advice.. please trade safe and very carefully.
Hello trader!
As you can see, the NAS100 keeps dropping exactly like what we analysed on 19th March.
Thanks to the Elliott Waves, we are now in the C of the ABC correction.
We are therefore in the C of the C.
We will then see another red week to go to reach the different objectives.
First objective: 12250/12173
Second objective (strongest) :...
I was watching the patterns in 2008 crash, and how it might translate into today's situation.
Although there are quite some differences between the 2 events. We are having a "war" at this point, and hoping it doesn't escalate.
Pray for peace in Ukraine.
That aside. I have the image of the 2008 Weekly candle chart pasted for easy reference against the present...
Back at the end of 2018, I made an attempt to call a longer term bear market for big tech. Linked below are some of those posts. I was new to markets, and all I did was look at the chart. Even back then, the charts for Apple and Amazon looked ridiculous, but now it's undeniable that they've seen parabolic growth. This is the AMZN chart zoomed further in, where you...
I still think bitocin is leading markets and markets like tech/QQQ are playing out something like this in the chart.
With the two fed dates marked in vertical dashed lines.
May 5 FOMC talk I suspect actually makes matters worse when there is no indication of fed changing strategy and markets sell off into May 25 bottom after which fed says something dovish -...
Our last analysis on Nasdaq played out PERFECTLY. See below for our previous setup and click play to watch the magic happen...
Now we are in the corrective phase and currently in Wave C which is a 5 wave impulse lower. We are currently in the 3rd subwave and expecting a brief retracement for subwave 4 and then another move lower for subwave 5.
We have the...
1980 Scenario taking place. Inflation to Deflation. 5% inflation was a big issue in 1980 and got a biggest rally of all time in dollar and inflationary
products crashed hard. We are in same situation now and maybe worse. This is fundamental and technical. FED have always been a step behind the curve.
The war has just paused everything that was going to happen in...
Here is a short idea on LTF after the volatile opening on sunday night/ monday morning.
Position was created using SMC Supply and Demand, with premium and discount ideas. We saw a Change of Characteristic and BOS from this zone, making it a POI for us.
As you can see, my two charts are USDX and BTCUSD. Using the monthly timeframe we can see a resistance level on USDX which has been respected twice. Price is coming up to this zone very soon, and on HTF, USDX is overbought using Stochastic RSI .
BTCUSD has been respecting this upwards trend line since around July 2020, becoming more volatile in recent years. As...
Hello traders!
There are crash symptoms in Nasdaq/US100.
Joe Biden Govt failed miserably in all aspects and now the US economy is dropping without leaving any evidence of recovery.
Whenever there is a crash market always leaves evidence of recovery and that evidence can be used as a hope of recovery after a crash but in the current case, i am not confident...
When the price of Oracle reverts to the mean, then we know it's over.
Current price action is a repeat of the 2000 dotcom bubble.
That's my running thesis right now.
We have a lower high on the UKX chart compared to Feb. 2022.
Also notice the MACD histogram going red and bearish cross:
This index is getting ready for a major drop.
Watchout.
Namaste.
We have three bearish weekly candles...
This weeks candle is specially nasty.
This one peaked in November 2021... It has been dropping for almost 5 months.
Twitter, Facebook, Apple, Tesla, Microsoft, etc.
They are all going down... Or at least that is what the charts are showing for the past few months.
See the "Related Trade Ideas" to know what I mean.
Be...
If we just saw a major bearflag in bitcoin, and this measured move plays out, the world will turn into a crazy bitcoin is worth 12k place...
88% retraces in bear markets are nothing out of the order for bitcoin, and both the .886 and the measured move point to 12k,
and looking left, you couldn't even say, that 12k doesn't make sense, that was the one big...
DraftKings is getting wrecked again and now tumbling towards that one major support at 13.30
Look left what happened when we broke that support once
If we hold that for real though, maybe one could roll the dice on DNKG to the upside
Set Up for a Multi-Month/Year (16-24 Months) Decline in the Stock Market, the forever wait may finally be here,
Monthly Setup to Wipe Out all the lows that have not been taken out, $$$$
This will require a catalyst of some sort, something BIG, if you wake up to something massive on the news, refer back to the charts, the price is already fixed in.
3 Lines...
