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Cyclical

ITB channel breakoutHomebuilders have been behaving well in a channel since the market low of march 23rd. Tuesday after memorial day was the first break out of the channel, and today's participation continues to give the sector a more positive view. Next tested resistance which is all time highs around $49.5 Next strong support is the 200sma (red line) RSI is taking us to overbought level (relative bear) OBV trending higer (bull) We are seeing some sort of rotation to more cyclical sectors. I am checking out for IYT, IYF, XLI.
CBOE:ITBLong
by dorfmanmaster
APOLLO HOSPITALS - NEAR MAJOR RESISTANCE - WATCH FOR BREAKOUT- Apollo Hospitals is in major RESISTANCE zone. - The Black linear line represents the zone. - Follow the below information in order to confirm if there will be a breakout or pullback? Ans: Those Yellow color vertical lines are called the 'CYCLICAL LINES' and are drawn whenever a candle is formed will represent the trend reversal. If you observe, post these candles are formed, from the next day you could see either breakout or breakdown. The next Cyclical Line is due to form on 17th April 2020. Basis which the decision could arrive.
NSE:APOLLOHOSP
by babufcs
BTC MACRO CICLE ~ NEW BULLRUN VS PREVIOUS [2015] ~ FUTURE MONTHS~ vertical golden lines are halvings ~ horizontal red lines are All Time Highs ~ the red arrows go from the ATH to the point where the price is again at the same ATH inside the new bull run ~ the green arrows go from the start of the new bull run to the point where the price sets a new ATH ~ indigo horizontal lines are points of support / resistence for the price ~ the indigo arrows represent how price will navigate through the indigo lines towards the halving in may and in the months following it until it reaches the current ATH again based on the previous bullrun ~ this is the current lower timeframe snapshot of the macro analisys in the same phase of the last two macro bullrun cycles ~ this combined with my macro cycle analisys serves as a drive and basis of the attached future months prediction which is the upper portion of this chart ~ peace and love ~ vaccum
BITSTAMP:BTCUSDLong
by VashVacuum
QQQ poised for Oct-Dec repeat?In looking at the lines I've drawn on QQQ the last year or so, what stands out is that when QQQ breaks decisively below uptrend support lines, it has always been eventually fatal. (I feel like a moron for not believing my own TA on May 3 and 6 when I should have opened a massive short with tight stops. I agonized over the charts on those days, but the bulls had really worn me down emotionally and I didn't take the trade.) If it regains uptrend support rather quickly after fakeout below, it can continue uptrend for some time, but eventually loses it again. I was 100% wrong about the strength and length of the post-December rally. That bounce went way higher than I expected. So take what I say with a grain of salt. However, it really does feel like we're at the end of the cycle because of so many different things: we've got weak international economies and trade wars to goose us to the downside on top of our cyclical and monetary expected downturn. If you look at my past index ideas (QQQ, SPY, etc), you can see some more of that indepth research on the macro fundamentals subject. Back to the chart, I see some very strong repeating patterns from the Oct-Dec correction. If you allow your eyes to simply wander over the peaks and valleys (including some lines that are obvious but which I've not drawn as they would make the chart too busy; ETA: ok, I relented and added purple downtrend to Oct-Dec), you can quickly start to see various likely scenarios emerge. I'm looking for a bounce off my red line today and hopefully bouncing to $180 for gap fill at purple by Monday or Tuesday. I hope to add big size to my SQQQ position at purple and get a strong rejection off of purple for the next phase of down. If QQQ breaks above downtrend purple, it is reason to closely watch, but not reason to exit short. This is where those imaginary lines in October (ETA: now added) come into play. Notice how much steeper my May purple downtrend is than the eventual more authoritative lime-green downtrend in Oct-Jan. If you look at October and had drawn a purple-style downtrend in Oct, it was also much steeper down and also had many more "fakeouts" above than the eventual shallower lime line. However, the market kept coming back to that steep downtrend until its eventual bottom and V bounce late Dec. I wrote all of the above (with the exception of the ETAs) and then realized that it was stupid to talk so much about the imaginary line without actually putting it on the chart. So just now I've added a purple steep down-trend line to the chart in Oct-Dec and I'm amazed at how that was eventually support for the V bottom. Very elegant and orderly. I'm looking to the current steep purple downtrend to possibly provide future direction, though I also expect it to be unsustainably steep and that we'll see some action above it in the coming downcycle. The markets' clear double-top mean that this could be our big 2000/2008-style correction. Please notice that both 2000 and 2008 had very similar double-top formations, though 2000 and 2008, the second top was slightly lower than the previous and in our case it's slightly higher. From a TA perspective, that's far less bearish than an equal double top or a lower high double top, but from my experience in crypto-trading where there is obvious whale manipulation, I've become very cynical and believe the legacy markets are manipulated just as much by the big boys, they're just more practiced and subtle about it. Pure TA would lead us to guess at a higher low than Dec. and a march back up for another higher high, but because of macro winds, I'm skeptical of that scenario. However, I've also painfully learned from the Dec-May bounce the truth of the maxim that the market can remain irrational longer than you can remain solvent. Stops must be honored, setups must have invalidation. After writing that last sentence, I determined that $187-$191 (reclaiming the previous two ATHs) are clear red lines of invalidation, but also painfully distant from our current price, especially at 3x leverage of SQQQ. So I went ahead and cloned the Oct-Feb lime-green line to provide a second, closer point of invalidation whose violation will trigger a position size decrease and de-risking. Best of luck and I look forward to hearing your thoughts as well!
NASDAQ:QQQShort
by HansMast
ETH may start a new cycle of bull marketThe last cycle of crypto mania ended in the end of 2018 when leading cryptocurrencies has lost 80% - 90% of their market values. The classic pump and dump cycle may afflict huge financial losses to participants in the bubble.The bright side of this collapse, to some degree, is that tokens has attracted significant media coverage and public interests. Tokens has grown popularity among adolescent and technological nerds, internet hackers. By the end of 2018, ETH has break below $100 with RSI crossing under 20 which is a historic low level and signed a extremely sever oversold condition. Price of ETH has stayed above $100 more than a quarter. As such, the market most likely starting a major bottoming consolidation and buyers will eventually complete accumulation.
BITFINEX:ETHUSD
by UnknownUnicorn3838311
BTM following a cyclical cup and handlepattern on a 4 day periodBTM has been following this uptrend pattern over the past two weeks. My next buy will be about .0005 (on~ 06/26) and hoping to sell .0007 a few days later (~06/29). Ichimoku cloud supports a general uptrend in BTMBTC so I think buying isn't overly risky - rather you want to buy at optimal entry points so focus on that so follow MACD and the supports I'll answer any questions on this! Donations if you feel inclined in BTC : 1PdYRwtiiyrs5fZw778XKD4SX3f8iaxMnd Best, Aaron
BLong
by AaronThomasc5
How much will overbought Consumer Non-Cyclical Sector Fall? XLPThe Consumer Non-Cyclical Sector SPDR Fund has been in a bull trend since the end of the financial crisis. An internal and stronger bull trend has taken shape since shortly after the US elections in November 2016. However, this fund is currently near its long-term resistance point which will most likely lead to one of two future moves. The fund could break above this long-term resistance and continue strong gains, or it could reverse course and at the very least return to its support established since the election. Below I have laid out the reasons and levels to which the fund may dip while it continues its overall bull trend. When we take a look at technical indicators, the relative strength index (RSI) is at 80.8116. RSI tends to determine trends, overbought and oversold levels as well as likelihood of price swings. I personally use anything above 75 as overbought and anything under 25 as oversold. Currently the RSI is overbought. The fund could rise over the next few days or begin its descent now. I will provide further analysis below when this indicator aligns at maximums with two of the other technical indicators. The true strength index (TSI) is currently 21.5180. The TSI determines overbought/oversold levels and/or current trend. I solely use this as an indicator of trend as overbought and oversold levels vary. The TSI is double smoothed in its calculation and is a great indicator of upward and downward movement. The TSI is moving up. The positive vortex indicator (VI) is at 1.3859 and the negative is at 0.5248. When the positive level is higher than 1 and higher than the negative indicator, the overall price action is moving upward. When the negative level is higher than 1 and higher than the positive indicator, the overall price action is moving downward. These indicators are at extreme levels indicating a pending reversal of the fund is imminent. I will provide further analysis below when this indicator aligns at maximums with two of the other technical indicators. The stochastic oscillator K value is 97.0441 and D value is 94.0369. This is a cyclical oscillator that is highly accurate and can be used to identify overbought/oversold levels as well as pending reversals and short-term activity. I personally use anything above 80 as overbought and below 20 as oversold. When the K value is higher than the D value, the stock is trending up. When the D value is higher that the K value the stock is trending down. The stochastic is currently well overbought, but the D value has not overtaken the K value, meaning the fund could produce gains for one or two more days at the most before ultimately turning downward. I will provide further analysis below when this indicator aligns at maximums with two of the other technical indicators. On three occasions since September 2013, the RSI, positive VI, and stochastic have been at similarly extreme levels at the same time. All three occasions led to drops for the fund. In September 2013 the fund dropped 5.25% in 13 trading days. In October 2013 the fund lost 2.91% over the next 35 trading days. Eventually the fund dropped more than 7% from the October RSI peak (the bottom occurred at the end of January 2014). The smallest decline was seen in February of this year when the fund declined 1.63% over 22 trading days. A natural decline will occur in our current instance, the main question is how much? Considering the RSI, TSI, VI and stochastic levels, the overall direction favors a move to the downside. Based on historical movement compared to current levels and the current position, the fund could drop at least 1.63% over the next 25 trading days if not
AMEX:XLP
by StockSignaler
What does VIX tell us?As we know the volatility index VIX is inversely correlated with the market performance – the higher the VIX, the lower the market. Currently VIX is at record lows and the question how long it could stay there is relevant to many investors. On the chart I have marked an interesting relation in the VIX - a cyclical patterns. Some of my findings: 1. Spring months usually mark period of low volatility – around 150-160 days between two VIX peaks for the last 4 years 2. If VIX strikes above 25, the next peak is very likely to be around 310 days later 3. For the last year peak to trough duration took about 60-80 days. If that appears to be the case again we have already reached the lowest point, as the last peak was November 2016. 4. As it looks like the period lengths mentioned in points 1, 2 and 3 coincide somewhere late April- beginning of May, thus a rise in the volatility (market correction) is very likely. ( Some call it "sell in May and go away") Best, CH
CBOE:VIX
by CapitalHubs