AAPL redistribution before next leg lowerHey everybody,
I've been noticing that the patterns leading up to the fakeout rallies in March have been repeating themselves in numerous market-moving names- namely NVDA, MSFT, and AMZN. I think there's a strong possibility that AAPL goes to test new lows in the next two weeks, only to be met with tremendous buying pressure that will subsequently lead to a fakeout rally that could take it to around $150/share before the next leg lower(redistribution). I think this could push AAPL to the low 100's and possibly double digits by the end of Summer. I am expecting to play this both ways- I will buy any 52-week low made on AAPL in anticipation of a large countertrend rally, and I will subsequently sell the rip and possibly short it in anticipation of the next leg lower. Mind you AAPL is still very high up relative to some other names.
Disclaimer: I do believe we're at the end of a market cycle(a crash) and are simply redistributing before the next leg lower which should begin sometime around late July or early August.
Crash
MOO running out of grassHey everybody,
I've been following MOO as of late as I'm currently short DE and waiting on an entry for CAT short as well; I've noticed that it has essentially been forming a Wyckoff-style distribution pattern, and is one of the few sectors in this market that isn't brutally beaten down at this point. I'm currently expecting a countertrend rally upwards in this name, but I fully expect the rally to be faded and for this sector to enter a brutal markdown phase that will take it to pre-pandemic levels well before 2023. The question in my eyes is when and where will the rally be faded? My current ideal entry short on this name rests around $92/share
Nasdaq end of market cycle(crash)Hey guys, it's been 14 years since the last true end of market cycle crash(though I could argue 2016 was a crash of sorts). Taking a look at the previous 2 market cycles leading up to the 2000 and 2008 crashes, you can see the logarithmic trendline highlighting the euphoria phase of the stock market prior to the subsequent crashes. All in all, there is little to suggest that this breakdown of the log trendline that marks significant moments in the market will not lead to a stock market crash as it did in 2000 or 2008, especially considering inflation, high valuations, excessive margin, speculation(even though the speculative growth bubble is largely popped), and the simple fact that the Nasdaq has been up 13 consecutive years. Though many sectors are beaten down, I expect future legs down to be more violent as more and more sectors enter downtrends that previously weren't(namely agriculture) that will plummet the indices with them. In the immediate term, I expect there to be whipsaws both to the downside and upside, but I expect the resolution to be significantly lower by the end of summer.
Possible AMZN short setupHey guys,
I've been noticing that AMZN has been repeating the redistribution pattern it made leading up to its rally and subsequent dump in March of this year. Considering the fact that other market-moving names are doing similar things(AAPL, MSFT, NVDA), I am currently anticipating a rally up to the high 130's where I believe AMZN will top out and possibly head to the $80's. Mind you AMZN is still in a macro downtrend following a standard, year+ long Wyckoff distribution pattern and would be significantly overvalued at ~$138/share. In short, if it does rally up to fill the previous gap, there would be little to suggest that it would not reject and head for new lows.
P.S.
Do take what I am saying with a grain of salt as I believe we're at the end of a market cycle(midst of a crash) and are in the process of redistributing before another leg down.
Possible Short SetupHey guys,
I've been following this ETF since lumber prices have been falling from their sky-high prices. Just now, it looks ready for a markdown phase that could get pretty ugly. Though it is currently well below, if it manages to get to around $83-84 dollars, I think that shorting it there would be an incredible opportunity with minimal risk and solid reward potential.
Disclaimer: I think we're at the end of a market cycle and are currently in the process of redistributing before another leg down in what I believe will be called a crash when it is all said and done.
NVDA predictionHey all, I'm noticing many market-moving names are repeating the redistribution patterns they made leading up to the fakeout rallies and subsequent moves lower in March of this year(Namely AAPL , MSFT , AMZN ). I think NVDA is setting up beautifully for a rally higher back near the $210 zone where I fully expect it to reject and breach new lows in a violent manner. Considering the cyclical and overvalued nature of NVDA and semiconductors(which are still relatively high up), it would be no surprise to me if it were to see its pre-pandemic values well before year-end.
Disclaimer: I think we're at the end of a market cycle and are currently in a redistribution phase before the market heads to new lows(in the midst of a crash)
BEST BITCOIN CHART ANALYZE , 69k POSSIBLE LAST TOPSo i analized the bitcoin chart using Double Curve and marked the the tops , the bottoms , , and the percent of the crash under the Double Curve , which for the moment was 45% with the possibility to go a bit lower, so if my 69k TOP FOREVER prediction is wrong , the NEXT ALL TIME HIGH and very possible the last one which we will see, will be 115k - 130k usd.Thanks.
Buffet Indicator insightsDespite the recent downturn in the equity market, the Total Market Cap over GDP - also known as Buffet Indicator - clearly shows that there still might be a significant market crash ahead.
Assuming the market will reach the " Fairly valued " territory, it means that a further 25% decline is to be expected.
Assuming instead that the market will ultimately become " Significantly Undervalued " - as it happened after both most recent market crashes (except after COVID due to the massive Fed intervention) - we should expect a further 50% decline.
I have an idea...I've been ripping my hair out with the market today - Trading winter storms will hopefully set me up nicely for the bull market.
WAVES 17.5X Short
ETH 20X Short
DOT 20X Short
Gala 15X Short
I also combined 2 of my favorite indicators to create a beautiful easy on the eyes, oscillators.
Learned how to execute a precise entry-exit strategy and manage 4 trades at a time.
What a day!
Good luck to you all out there
Christopher James
PCC Spiking, Last Time was March 2020Wanted to get this posted for anyone who's got active trades open... particularly long positions.
$PCC above 1 is generally bearish, below 1 is generally bullish.... basically showing volume of Puts & Calls traded.
With Put trading spiking like this, extreme caution should be taken with tight stops.
Is NIFTY50 in correction or crash mode?Update on last 4 NIFTY Predictions : 4/4 Correct with precise targets.
EMA150 is very curious.
In the 4 drawdowns of bear markets, it has touched when it was a crash
It bounced off from around 25% when it was just a correction
Sep 2022 - Looks like make or break. Coincidentally US Recession is more or less confirmed that month since June quarter GDP data is out. (2 Q -ve GDP is Recession)
EMA200 and EMA100 were conclusively broken or untouched at monthly for me to make any assumptions.
Massive Head and Shoulders Pattern BTC Weekly 2022Per Investopedia, a head and shoulders pattern is a chart formation that appears as a baseline with three peaks , where the outside two are close in height and the middle is highest . In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
The BTC weekly chart formed a MASSIVE head and shoulders pattern with a potential low as drastic as 10k.
The range is between 10,000 and 17,600
BNB is flirting with Hades!It broke $212 crucial support. Next short-term stop is at $140, but is a weak one.
Unfortunately, the next strong support is way way down to $45.
A strong BEARISH pattern on BTC! Next hit 12.5?!We made plenty of calls on why crypto should go down... from technical information to fundamental and they all agree, for now, that we are in a crypto blizzard and the "great crypto depression"
At the time of recording this Bitcoin was still above the support level... but at the time of uploading and typing the message we have a breakout of the support level and bearish action!
Anyhow, main point here is to learn this bearish continuation pattern as you can use it to earn pips the next time you see in on a stock, currency, commodity or cryptocurrecny!
Good luck trading!
Bitcoin drop the mark $20,000 USDIn the weekly timeframe, Bitcoin drop the mark of $20,000 USD, The price it's around $18,900 USD and I suppose that Bitcoin could to reach the next support to $13,896 USD in what I mark here.
Also, Bitcoin could to be in the rane of $12k and $14k of possible consolidation to watch and to look if this will be the end of the bear market.
Another possible it's that Bitcoin could to crash below of $10k. But it's so far of the reality, but my perspective it's what I think that Bitcoin could to reach $13,800 USD. approx.
SOL crash patternI copy and past this pattern of steps that seems to be pointing to a continued bear run? But we should be dollar cost averaging here to add coins no mater how low it go's because it will go up and everyone needs a 4 year investment plan.
(for new investors ) Crypto runs 4 year cycles. we just went down for 4 years, not we collect for this last year before we run up to $800 by 2026. I say $800 because SOL is outperforming BTC and ETH in growth, and has been going up when they go down more and more as it becomes it's own beast. Low cost transactions will always beat ETH and SOL will by 2030 knock ETH to #3 as SOL becomes #2. How I will invest in this is placing 4 year long position and shorting some. 50% stays in and never is taken out until 2026 when it then rides short for the next 4 year bear run. The other 50% I will buy low sell high all the way. Adding coin to both long and short each month to grow the investments. This is basically how everyone SHOULD be trading each coin or stock. and you should have no less than 5 coins and 5 stocks you do this to. Some people set it and forget it. This is a safe way to invest. For example. BTC will always go up in value for ever as soon no new coin will be made, so supply and demand as popularity grows, more money will buy more coin, so Your basically always buying to add coin and never sell until you wish to retire and at this point, you would just use a debit card from your crypto acct to pay bills and get a % reward back in what they offer. Right now I use USD out of my Crypto acct to pay for everything, I then get 4% to 5% back in coin of choice (witch ever is paying best at the time) I then convert to BTC, ETH, SOL as they are my guarantee growth coin. Now my money is working for me for free and I'm getting paid to pay my bills. (cash back) or coin back, LOL.
I think Bull run will start soon, by July. So hang tight, and my Favorite coin for this run is SOL for most % of profit to be made. BTC will always be king, but for the next 4 years I'm betting on SOL to shock the world with performance and upgrades that will set a new trend in the way the World has never seen before.
Have a great weekend,
and never invest more than you can afford to lose and never take anything anyone says as financial advice unless your paying them for it.
BTC Short Position Levels to look forThese are the levels I am watching for over the next couple weeks. At Yellow marked levels I expect to see some leveling out in lower accumulation prices. Eyeing 14k after 18k.
Hoping this helps some make sight of the larger macro downtrend picture.
Overall 14k is where I believe ETH and BTC will start to see each other in a closer price match.