Crash averted! Atleast for now!Nifty touched some very important support lines today and after going down in the wee morning it bounced back and bounced back hard yo! Most importantly it gave a closing of a very respectable level. All the data for now like Inflation Data, Ukrainian War seems, has been absorbed right now. So instead of getting absorbed by the global factors lets just stick to facts in order of their effectiveness-
1. Oil. The bull run in oil although seems to be "supply chain" issues there is a much broader thing at play here. With even U.S asking Venezuelan oil for their own country. If the oil prices continue rising like this The govt will have to intervene and regulate the price in order to help the economy. It would definitely be preceded with a dip in the market and then reversed upon the news factor.
2. Precious Metal: The most important metal for now to keep your eyes is Gold. There already is sustained bullishness on the charts for gold If it manages To break out then we are surely in for a reversal of Cha-ching into metals and commodities. Gold is inversely proportional to the stock market. If gold starts performing then its bye bye to the gravy train the incessant bull market that has been for so much time. Overvalued companies and IPO
s of companies that are yet to list their first Quarterly Profit. Valuation would be the key. Buying the dip would just be stupid in this case, as the dip would just keep dipping and the more it dips the more fearful people would be.
3. All eyes on LIC. its very important if the shares of such an important company get listed at discount or dumps or rises, as it not only would reflect the faith of the Institutional Investors both domestic and international but would be a great forecast of the upcoming market and its direction. LIC would decide if the music is about to slow down or just stop.
And if the music does decide to stop so to speak, we may see spike in Gold, Spike in housing prices (residential) realty sector, Mining companies, and food processing companies. But not before a Frightful Red dip in the market where seeing nifty going to -20-30% would be the 'new' normal. Interest rates and banking decisions would further propel the market towards value. Buying on dips would be good for gold in such a case. Or Platinum. Or Silver. Or anything but stocks.
Crash
Global market crash?🚨 FED have announced an emergency meeting to take place today at 11am 🚨
As i have been saying for a few months now the macro economics are all leading to a massive fall across all financial markets, Russia and Ukrain tensions are rising - its about to get real messy guys📉 - huge opportunity for massive gains. We have a plan and we will stick to it. Remember historically after global market crashes this is the best time to create wealth by buying low, this is why all the big investors are sitting on cash right now.
We are holding heavy shorts on BTC and ETH and looking for more short entries on ALTS - we have currently sold out SPOT ALT holdings during the recent market bounce. Regarding US30 we are waiting for a retracement potentially into this 4H supply to form a new LH to look at compounding our shorts.
Hold on to your seats its about to get real messy
Ticker: XOM - 2/14/22 - 4 Hour Ticker: XOM - 2/14/22 - 4 Hour
🟢 Safe Entry Confirmation: 80.21 Break, retest and hold of structure with momentum
🟡 Scalp Target:80.32, 80.50
🔴 Daytrade Target: 80.60
🟣 Swing Target:80.80
💀STOP LOSS/Trigger for puts: 80.00
📝 IDEAL CONTRACTS:
RISKY DAYTRADE: 82 XOM 02/18 (Mental SL)
MEDIUM RISK SWING: 80 XOM 02/25 (30% SL)
GAMBLE: 85 XOM 02/18 SQ P 1/14 (SIZE FOR 0)
💡Notes: Falling wedge hold above the 50 moving average (red). Volume at the bottom is increasing bar after bar. Liquidity secured from downside + BOS. Looking for continuation if price can hold 80.21 with sos (signs of strength). Puts break through 80 with momentum to grey key levels.
Whale(s) just shorted Bitcoin at $36k, $29k next?Greetings on a grey Sunday here in the UK...(plz thumbs up and follow)
watching the markets and just saw a huge amount of shorts opened up at around $36k
expect a push towards lower prices, it's possible we could break the lows earlier in the week but honestly $29k seems to be the target using my spider-sense, I'd keep some liquidity spare just in case, its going to crush the whole market if it does and tour looking to DCA if you're in the hodl game
other indicators show a bullish outlook but could be a massive trap so I'm hesitant and going where the big money wants it to go
So pretty bearish outlook, but i never like to bet against bitcoin, use proper management if you do
tonight when markets open will give a good indicator to the week ahead hopefully and monday morning/afternoon im expecting a few fireworks either way towards $29k or a pretty solid rally back towards $40k
have a great weekend, dont forget to comment and thumbs up/share my charts if you think they can help people !
The Bigger Picture on the US100 Hey guys, If you have seen my most recent posts you wont be surprise to see I'm bearish on the markets and have been for some time. With market valuations out of whack, Ungodly like debt in Government, cooperate, and leverage used by traders, 40% of all the US currency printed in 2020-2021 but production at an all time low causing inflation we haven't seen since the 80s and i feel will get even worse and lastly The Fed having to stop its purchases and tighten policy with interest rate hiking probably faster then the market was pricing in. This is a giant bubble with some gaint problems they will send it falling at least in my estimate 40% but trend is even further at 57%. Obviously I dont think it will sink like a rock there and we will have some rebounds but as the fed keeps tightening and i think its safe to assume funds and firms will go bust they will send it back down further and further. Although this is gloomy I don't think its financial collapse, once inflation is taking care of and the excesses of finance have been washed away they market will be set for another massive decade long bull market with growth prospects for the world coming from India, Australia, Mexico and all over Africa.
My plan for this year and next is to watch the FED on interest rate hikes and statements and also inflation numbers, Watch Silver/gold this usually head south first and recover first and when the market starts the recover gold/silver will skyrocket to the moon. and Watch debt levels for both Governments and cooperate, Picking company that have low debt levels now that can take the opportunity that will come will massively improve your longer term portfolios.
keep up to date with my trades by following and liking the post.
6% Decline could be on its way
Hey guys, following up with my last few post I have exited the position I outlined last as I didn't want to hold it during the CPI announcement and it hit the .5 on the Fib and broke the uptrend line. New position entered after the market has reacted to the inflation news and we face the definite reality of the Fed tapering harder then first expected. My first target is a 6% fall to the yellow support line as on the daily it has many touches early in 2021 and most recently as seen in 2022 where it stopped the first fall. I'm using Citi Mini warrents so risk to reward make it.
But I want to stress this is just one leg of a decline/bear market/ crash in motion and has been for the past 2 months. As soon as we broke the channel we had been in for two years we should know it wasn't going to go any higher then that and on my next post I outline the bigger move overall. But the main theme is to watch the VIX as it has held trend and Silver which is returning to my support line and if broken we are looking at a much bigger leg down then 6% on the US100, more likely to fall 17% to the next major support line.
First trade up was
30% gain
Target for second trade down is
60% gain
FB - Meta Is Showing What Is About To Come In The Stock MarketIn case you've been living under the rock, on 3rd of Feb. at the market close FB has fallen instantaniously for 20% and is since then continued to drop. I am not gonna focus on the news even though they did play a role here. Something had to happen somewhere between those large market cap stock and it looks like FB is leading the crash.
Just so you know i don't believe the entire stock market is bearish yet, just some of the large market caps as this is where long term investors start to take profits first or rotate the money into still undervalued stocks like F (ford) or PTON for example, that haven't had their true bull run yet.
Trying to count elliott waves i think we are close to the bottom which should come somewhere in the upper middle of the 2017-2020 trading range ($180-210). After that a expect typical ABC retracement of some sort back to the 70% of the initial fall to $320 price area (.702 fib. retr. lvl.) before continuing the bearish journey.
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
NASDAQ:FB
FACEBOOK: Was the crash a good sign or a bad one?On balance I am not optimistic. I think this market will struggle to close the gap.
FB lost $230 billion in one day. The CEO lost $30 billion. I can't even begin to think what that feels like.
In the video I compare the current gap of some 30% with a similar gap of ~20% back in 2018.
This video is for deep thought. There are no predictions here.
Alternative perspectives with reasoning and facts, are most appreciated.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
SPY - Now vs. Leading up to 2008 CrashThought I'd take a look at the similarities/differences between price action now and in 2008.
Obviously, it's the movement over two different windows of time (the '08 chart is over a much longer amount of time than the '22 chart).
Found a couple similarities. Lol.
Past doesn't indicate the future, obviously. But I thought it was interesting enough to share.
IS GOOGLE READY TO RECOVER FROM ITS CRASH ?I think that google is long for the moment, the stock could still crash again and go lower but then recover again, we can see that google is a very stable stock and his movements are perturbed by things going in the world these days
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Hyperinflation coming by 2030 in the US. Can it be true? Who does it benefit? Check out the M2 money supply vs the S&P 500. Clearly, the more that is printed the more assets increase. Owning assets is your best bet of financial survival. The poor will be crushed but being wealthy in that time is not pretty either. This has been talked about for years by people like Robert Kiyosaki, Peter Schiff, Mike Maloney, and so many more. Milton Friedmans Free To Choose on YT has a great explanation about inflation I recommend everyone look at. This chart is monthly and if we are truly looking at a long-term time horizon, it looks clear this trend is not changing. Usually, these don't change until it implodes on a government.
Be watching commodities over the next decade if you are a long-term player. I will be stacking those chips along with crypto in the Defi world and other dividend-paying stocks with cash flow real estate as a backup. This market we are heading into is going to test everyone's asset allocations to the extreme.
#crash #inflation #depression #marketcollapse # hyperinflation
BTC LIGHTS OUT, SUB 30KThis idea leans a bit more on speculation, but it is something that's crossed my mind recently.
Given the IMF practicing for cyber-attacks specifically aimed at the global financial system, it gives worry of a covid like crash that'll break support at 30k.
Not to mention how close the current price action is now resembling the price action of back in March 2020. Take a look at the trend line on the chart image below:
It is the single most important trend line to hold in order to ensure that the bull run continues . The same goes for the PoC, sitting around 46k. If we break it along w/ the white trendline, it's a wrap. BBWP indicator has confirmed the end of consolidation moving into volatility... that I believe will head to sub 30k levels.
Key lines of support and resistance are identical to the previous idea linked below.
The likelihood of this entire idea playing out to be invalidated would be if we break above the prev high near 52K.
Rip Grichka Bogdanoff, may your phone calls ring beyond the grave .
Will it be lower? Many things tell me YES! 🆘🆘☠️XRPHello everyone,
We are approaching a very strong, downward trendline, from which we bounced twice lowering the price.
It is very likely that it will be the same at this point.
ONCHAIN data shows that a lot of BITCOINs have been deposited on exchanges. Which could mean a whale play with this trendline to dips.
My first target is $ 0.51, if the candle closes below I expect an elevador down.
A conference on the regulation of stablecoins is to be held on February 15.
I predict negative information, which will contribute to further downhill rides. Even around $ 0.35, where there will be capitualation.
Many people think that this is a hole, but in my opinion it is not the end of the downhill ride.
Cryptocurrencies are the future and they will do anything to get you out of here :)
Comment and like,
Greetings
$SPY Head & Shoulders (Weekly/Daily)As we all have, I have been tweaking my spy pattern as we get through this crazy month. More and more everyday SPY seems to be self fulfilling this pattern. We can see on the two hour that the "head" of the H&S is another pattern within itself, further causing me to believe we are leading up to a massive drop. As we watch next week if the market continues to chop & drop at this level we could be seeing 375-380 soon.
Silver Still bearish Hey guys, This is a follow up to my last silver post against stating the fact in the short-medium term Silver and the overall market travel together. Obviously not to the same percentages but direction, This is why Silver is a great indicator to overall market direction. I still feel Silver will fall to at least the C line before consolidating which would work with the us100 falling again over the next week. If Silver closes below the green line with that bearish candle it will be a quick fall to that Sub $20 mark. These points are also backed by the DXY gaining momentum after its little pullback.
Paypal full cycle
PYPL - Elliott Wave Analysis
From the first day of listing we see a 5 waves up, an impulsive wave up, with something very interesting: Wave 5 is almost a truncation or failure. Which it meant that the fallowing correction will be very dramatic.
That is exactly what it happened.
From the top of wave 5 $309 price we see a big drop the unfolding correction. So far we had wave A subdivided in 5 waves as in the graphic above, Wave B corrective subdivided in a-b-c-d-e traveling sideways.
I see Wave C unfolding in 5 waves down. With the bottom in the region of $68-$83 supported by the guideline of equality between waves A and C and the previous support held by the price.
Disclaimer: This is my analysis and does not constitute financial advice.
If you want more stock analysis like this please send me a message.