Is stock market actually in massive dead cats bounce? I compared current situation to 1930's crash, and mapped the possible bottom. If we are in dead cat bounce, then the real bottom is way below current price.
Motivos para aceditar que estamos apenas vendo um "pulo do gato morto": 1) Atingimos a retração de 0,618 de toda a queda; 2) Atingimos o alvo de 100% do pivo de alta que se formou na reversão; 3) O alvo atingido está no mesmo nível da mm200 que é uma média bem forte; Além do preço atual ter atingido o alvo dos tópicos anteriores, deixamos um martelo invertido...
I been following the bounce peacefully these past weeks. But now something is up. A head and shoulders pattern form on the 4h and It is on the verge of completion. If true it may be the beginning of a correction. Target (2636) Stop loss if the price goes back above the right shoulder (2942). We can see impulsive waves on the way down meaning that the...
$SPY $AAPL $SPX hello, so as depicted in the chart, i think that $ES_F inverse head and shoulders will breakout to around the hourly fib 88.6% which just so happens to be exactly in line with the top yellow trendline. I think it will dump from there.
Notice a lower high and a divergence on the SPX hourly chart. I've been watching the RSI for a while now and have noticed this pattern forming for weeks. Watch for another touch of the upper resistance on the RSI trend line and then back down making a new low. Should see 2720 for a bounce.
Looking at the SPX500 Futures: 1. Looks like we could be at the top of a Dead Cat Bounce 2. If this is not the top, a potential tap off the 200 EMA would be where I would expect it to dump Fundamentally due to covid and the world being under house arrest, I would not expect markets to continue to rally and I am bearish as you can be on a Macro...
As seen there is a historical low resistance level @3123.7, and a fibonacci ratio of 0.382 @3091.265 I've tried to draw the small bullish trendline which will be colliding with these very soon. This might indicate an end of this short term increase and a fallback to the bearish trend known as the CoVid19 crash or atleast a long term battle trying to break through...
Not encourging anyone to jump on a stock that has had a continuous bear trend even through the greatest US market run in history, but it may be worth a gamble here. If it can recover (as it has in the past) the gains could be fairly absurd. As you can see, buying in now and then achieving its previous high will be almost a 600% gain. Again, not encouraging anyone...
Whales dump it to 2019 as a joke, then start the DCB. stoploss in place. *Not financial advice.
Analysis on BTCUSD with the pattern Inverted Dead Cat Bounce, that happens after a Dead Cat Bounce. Price rises more than 15% in one day after a downtrend, showing a 4 weeks possible scenario. At the end of this period, there would have some opportunities to buy again. Sell on the 1-2 day of the event. A White Spinning Top candle pattern appeared at the start of...
I look at the chart and what I see? An exponentially decaying price, down 97.5% of its ATH. I pity the poor souls who bought the top. What else? It fell under its bottom longterm trendline and now it is just testing it. My god this coin is so dead, I won't be surprised if they shut down its network tomorrow...oh wait.
Reached 250 faster than anyone anticipated and it's not looking good at all, 213 would be the last point of resistance if this continues to go down then we'll reach "DEATH" point. 234 is the next mid point and may bounce but if it doesn't hold then goodbye. uc.
a 100% drop. If you don't understand technical analysis, let me explain a simple concept called break of support. If you have a support that is 1 year long like the blue line and you break under it, retest it and fail, it is a very very very bad sign.
This sudden highly volatile upward surge doesn't bode well long-term, imo.
Hello! There will likely be a relief bounce somewhere around $3050.00 on $ES_F as that is around the level where the 200SMA intersects with a long-ish term trendline.
So I have shorted the S&P on the 4 hour due to this pattern: Very nice break, and as you can see on the 4 hour we have YET to make a lower high swing in this downtrend move. Trends are composed of multiple swings. I do like what I see on the daily chart. When an instrument has moved down close to 3% in a day, it is likely over extended. I can see a bounce...
If this one bar doesn't stop the drop, gonna go to sleep. Because it will be either the bulls from now on (It's the last chance for bullish run) or the bears will drop to 6999(IMHO - possible, but unprobable) or less. I personally believe in this soldier and so should you(was watching closely 7200 all day - I'm telling ya - it's a TOUGH NUT, the bulls are with...
As you can see MATIC experienced a severe drop to the upward trend line but then rebounded ~100%, dead cat bounces are a great way for swing traders too make money if they are paying attention..