ROARING 20's. WHY ANOTHER BULL MARKET is upon us.Market shocks and drawdowns are designed to shake you out.
Charts are pointing to continual asset inflation this decade.
#DOWJONES to $64,000 was a general target I had in mind a few years ago.
NOW we have confirmation this could indeed play out over the coming 5-7 years
#FTSE100 to break 10,000 and indeed we have a target of over 12,000
#DAX to $25,000
again seemingly absurd numbers
but not so absurd in a historical context.
D-DJI
Is the Blow-Off Top Beginning?My apologies for forgetting to start my TradingView stream guys. I'll get my act together and promise to catch you in the next video.
DJI and Bonds: Get your popcorn ready. In this short video I focus on the UK and US 10 year bond markets in comparison to the DJI.
All these markets are linked up in the background - at the speed of light.
There are no predictions here - only probabilities and speculation.
High volatility is expected at the opening of the markets tonight, 16th Oct 2022.
Some are predicting a 'Black Monday' type event next week, which doesn't have to happen on a Monday. I take no sides. I'm only protecting my losses in short positions and happy to let winners run.
Stay safe, wash your hands, protect your positions, don't burn your accounts. 😁😂
Disclaimer : This is not advice or encouragement to trade securities or any asset class. 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 speculative opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Trendmaster Market Update - Monday October 3rd -Welcome to Monday October 3rd
The Q3 close last Friday showed a complete route in the general markets as the quarterly close saw the DOW, NQ, and SP down 16%, 17%, and 20% from their summer rally highs. The Dollar Currency Index is still fully parabolic from it’s double bottom from May 2021. The collapsing value of the Swiss Bank Credit Suisse has brought to problems in Deutsche Bank and several other institutions across the European continent. That being said everyone is bearish and expecting more downside and historically Q4 is the strongest quarter.
*Breaking* - hastily announced emergency FED meeting (US) has been called for today at 17.30 UTC
-Markets
Both the Nasdaq and the SP500 are at critical support. The Nasdaq closed the quarterly under 11k signaling the lowest close in 2 years however still holding above it’s 9.7k pre covid dump high. A gain of 11.5k is the only thing that matters to the upside -
The SP500 also closed the Quarter under 3.6k another 2 year low with only the pre covid dump high at 3.4k to offer any levels of importance to the downside. -
The VIX is still hovering around the low 30s and at a potential failure point. A loss of 29.5 and the major support there could see some bullish relief as markets have been generally crushed and fear and panic are reaching 2008 levels. Anything above 35 and the bearish markets should accelerate to the downside. -
-Crypto
BTC is still hovering near its main resistance as 20k which is the September, July, and Q3 open. This is the main area to break out from which upon its gain should see a test of 21.2k at the least. To the downside 18.6k has remained an important swing in price action and between that and 18.4k there any major losses or level there should flush the price back into the 17k zone. -
ETH although retracing more than BTC following the highs from the summer rally, ETH continues to hold above the June/July range high at 1.27k. Any loss of level around 1.22k should see a retest of the previous range levels at the low 1100s. To the upside a regain of the floor of 1.4k could see ETH rally to its September open levels of 1.55k. -
BTC1! - BTC trading on the CME is opened up monday with a slight gap just above 19.2k at that is the Daily, Weekly, Monthly, and Quarterly open. The CME Report showed nothing significant other than Exchanges/Brokers being extremely short as of last Tuesday. Asset Managers/Institutions are still completely out of position on their longs that were added in November ‘21, and April, August of this year are severely under water. CME traders want the regain of 20.4k to test up into the 22k zone. There is also a very old CME gap from 17.6k to 17k which is still untouched from the 2020 runup. Any fill of that gap would be critical in the overall price and a buy back or continued loss of that zone would dictate BTC’s direction for the coming quarter. -
Spotlight
NFLX - Netflix has been playing out a beautiful 17%+ range for the past 6 weeks with major support at 215 and resistance at 250. Buying higher lows from the support and Selling lower highs from the resistance is still viable until proven otherwise. A loss of the 215 low should see a retest of it’s June monthly open at 198 while conversely a breakout of 250 could see the gigantic gap between 252 and 330 finally filled. A breakout however, is only likely in a general market rally. -
Financial Events
The emergency FED meeting today at 17.30 UTC is of critical importance to the markets as the financial system is showing signs of cracking. The only item listed under Matters to be Considered is “Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks.
Other important items this week:
Wednesday Oct 5th - Crude Oil Inventories
Thursday Oct 6th - Initial Jobless Claims
Friday Oct 7th - Unemployment Rate - Forecast 3.7%
Chart to Watch
The DXY Dollar Currency Index is generally the canary for market Bullishness or Bearishness as it has an inverse relationship with the general markets. The fact that we are at the midpoint of the “Dot Com Bubble” high structure is a frightening wake up call. It has continued its fully parabolic move since the double bottom back in May 2021 and shows no signs of slowing. The important swing low at 111.3 needs to be broken and retested bearishly which would signal a general correction in the DXY and see much needed relief flood into the markets. It has currently only tested structure at 111.6 in the past few days of retracement and looks primed to send off to new highs. The eventual parabolic break of the DXY will be a catalyst for a significant bear market rally. -
Market Update 9/13/2022: What You Need to KnowJust watch the video. That's Why I make them: To not type. I'm not time stamping this one because is meant to be watched in order. If you want to know what to look for, you only need to spend at most 4-6 minutes watching.
Take care and good luck on your trades.
I stream every week day from 9:15 to market close.
Market Update: Major Indicies,Appl&BtcSkip to 1:00 to get into the action.
As usual, I don't want to type a lot. Its hard to type what I say in 20 minutes, especially when I talk fast in that time.
Pretty much looking for where Apple starts along with there the SPY starts. Before watching the video, as a new viewer, it is important to know that I heavily weigh Apple as the main indicator of market direction in my analysis. If you stick around or join the streams, you will see why.
For the indices (assuming we start bullish), the NDQ still seems to have the most possible promise tomorrow followed by the S&P and then DJI. I explain this in the video.
Another big indicator for possible movement will be the VIX. Long story short (explained in video) we are at an strong area that I think will most likely start under and send the market up. But there's no reason to really worry about it, because the position is supposed to taken/considered depending on where it starts and obviously it hasn't started yet. (Starts at 3:10AM EST)
Per usual, I have the Last Idea linked below as well as both of my BTC Pitchforks from January. Check them out if you like, it makes it 10x easier to figure out the macro situation on BTC and where the ranges are.
Take care, have a good night/morning. I will see you all tomorrow at 09:15 AM EST.
DJI, SPY, NDQ, BTC, NVDA, SPXS, VIX17 minute video. A lot of information packed in here.
I don't like typing things out when I have 20 things to say, so I'm not really going to do that.
TLDW; Things look bad.
If this video was useful to you, boost the idea so that more people find these the ideas and join the the streams everyday at 9:15 EST: 15 minutes before the market opens.
BTC Comprehensive UpdateYes, this is a 20 minute video. But I speak quickly. This Idea is meant to be watched as a video. If you do not watch the video and only read below, you will not get much from this idea or may get the wrong idea.
Overall I have been short (Not in market) since the reversal in the stock market on April 5th and 6th. I go over all this in the video and I talk fast. So there is a lot of information to see.
I don't want to put investment strategy short, because I don't really want to say that where the price currently is, is a good spot to short. It seems odd to too heavily before any non crypto markets are open, but after they closed for the weekend. Considering the market was pretty obviously bear on Thursday and Friday.
Possible targets if we drop below 28k and have some bad price action are then to around 26.9k and most likely between 22.35k and 23.3k.
For me to feel bullish on BTC I would have to see several things. It is too complicated to explain without showing the chart, but I mention it in the video.
It is worth the watch. I reference the most important things that I look at to determine bitcoin price movement.
Based on the Schiff pitchfork, It looks like the lack of movement in BTC is actually distribution and that we have failed to hold the key channel (Jun 1st). We also had a hard rejection of the top of the current channel on Jun 6th.
If you have any questions feel free to leave them below.
Showcase: Trading the e-mini Dow Jones (YM) 22-06-201. Did a long trade (paper trading) on e-mini Dow Jones.
2. Reason for the long trade:
a) Price do a higher lower; a UT bar appears but the next bar overtake the UT.
b) Volume is supporting the upward move.
c) Strong support level at 29910 range.
3. Trade entered with SL @ 50pts and TP @ 75pts; as price move upwards with unrealised profit, the SL is revised upwards to minimise the losses and eventually lock-in the profit.
4. Price eventually do a pullback after breaking the recent Resistance (29966 range); our SL got hit and we exited with a realised profit of 24pts.
5. Price may move upwards from hereon; it is OK to exit with a small profit rather than be ambitious.
Is the Market is a Ponzi? The Printing of Money and Growth8-minute video where I gloss over the big picture stuff relating to the Markets and as they relate to the M2 (WM2NS) Money Stock.
This is a High Time Frame analysis of the Market charts like the Dow and SP500 vs the Printing of Money and the increase in Money Supply.
Basically, the entire market exists as a function of printing money, organic growth hasn't been around for decades and our current highs
are almost entirely because of the increase in Money Supply. The scariest one is the Covid dump and how even though the global economies
were in many ways shut down, the market experienced a massive Bull Market.
The fact is, that in relation to the Money Supply the Dow, SP500, Bitcoin, everything is pumped by printing money
05/16/2022 Pre Market ThoughtsMacro: Bearish
Micro: High Bullish Potential
I am more bullish than bearish currently.
I would like to see a start in APPL above 148.75. I think that can take us to 162 at the top. I think if Appl breaks though, we could see others like Carvana and Bill go up 30% to their respective supports.
I outline more of the specifics in the video.
I hope you all are doing well.
HIGH ALERT: Bad weather and death crossesI won't say much here because I've narrated much of what I think is going on across several indices.
These are very troubled and dangerous times in the markets.
Some say it is not possible to time the markets. I disagree.
Whilst death crosses come and go, the important contextual issue is when they happen.
These death crosses have occurred after a most ridiculous expansion of markets, in the context of reckless Q/E.
PE ratios have been off the scale. We know the markets are overbought.
So death crosses in the particular context of the markets are significant now.
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.
DAX GANN LEVELS AND WEEKLY ANALYSISCAPITALCOM:DE40 backtested support around 14960 and rebounded to close above 14080 resistance yesterday. This signals a short term bottom formation with today's range being 14080 to 14230.
CAPITALCOM:DE40 made a high above 14180 resistance and rejected to backtest the 14080 support so far today. We can expect DE40 to continue to rally above the R1 14330 next week. If that does not happen, and R1 holds, we expect the DE40 to break below the 13960 support and continue lower.
Good Luck!
US30 (DOW JONES) DJIThis is my overall idea of US30 coming into this week. It's pretty much the same idea I've been having for a few weeks. The market has been a little tricky as we kept having push-ups and down, however if you pay close attention it's been ranging in my opinion until this move to the upside. Of course when market opens it will either retest and continue up or break structure down. Lets see.
DJI: Get ready - probable trend change for the southSee the video. No more hear on the video. I'll just share my opinions, which is not advice.
The DJI proves me more wrong more times than I am right. So what?
The issue is about limiting how wrong I am - not how many times I am wrong.
New traders - and I was one - struggle to get that idea right. Why? Because in ordinary life one is praised for performance by how many times you're good.
Well in trading it's very different. You can be wrong far more times than you are right, and it wouldn't matter. How is that?
It's because you limited carefully your loss on the many occasions your were wrong, and you really milked it when on the occasions you were very right. In the end a sound trader in any methodology will find that profitable.
Methodologies don’t work 'for you' - get it right; you work the methodology. That means a high level of discipline - which normally comes after much pain and loss. I never avoid talking about losses, because it is 'the most important thing' to control.
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.
DJI-DOW JONES MAKING PROGRESS - MARKETS CORRECTINGAfter watching 401k Portfolios dive down due to the Russian invasion of Ukraine , we can see on the charts and on this video that their is light at the end of the tunnel. Markets are now correcting such as the Dow Jones and although its slow progress we see that gains are being made once again. Find out for all the details on this technical analysis video. Give me a thumbs up and subscribe if you want to follow me and learn more about the markets.
Disclaimer
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) are for informational and educational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, or post.
Gold RIPPING higher. New Record Coming! Buy Discounted!Gold is exploding higher on fears in the market. When the "you know what" hits the fan, real stuff matters. Countries and hedge funds are piling into gold and treasuries as a safety net as the market continues to implode. In this video, I talk about physically-backed trusts that allow a paper-type holding via stocks but real gold, silver, palladium, and platinum behind it. And get this, at a discount! If you were looking for a place to get out of your overpriced NASDAQ stocks, this might be a place to hang out as the dust settles. Here I talk about Sprott's Trusts on physical metals as I see them as a very trustworthy company that knows what they're doing and with the clarity on how many assets they have in these metals so you know what you're actually getting into.
Don't be a chump. If you found this video helpful, insightful, or educational, make sure you like it and drop a quick comment below. If you have questions, POST! many people on here answer these questions and have other insights to charts and videos to help continue educating each other. Also, if you're watching this somewhere else on the internet that may have an advertisement, watch a quick ad to support this free content. Only costs you a moment.
Stocks PSLV, PHYS, CEF, SPPP GLD, SLV, FUTURES, DJI
GET READY - is the DJI setting up for a major correction?In this video, I compare the movements of the DJI with the DAX.
There are no predictions here. What I am saying, is to get ready.
Price can move in any direction but there is a 4H ATR trendline indicating that the trend strength is for the south.
As I cannot predict the future, this scenario is only relevant up to the time of posting. The markets can do as they like and prove me wrong.
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.