LQD CORP GRADE DEBT MUST HOLD 117/118 I am seeing a collapse in high grade Corp debt based on fib relationships the focus point is all at 117/118 if we break this then I think the whole thing comes apart for everything .
DIA
DIAUSDTDIA is repeating the fractal of last short term swing that it has before. Lets see if it repeats every step in shaa Allah or it changes something which i doubt it will change.
SPY - Pullback to $400 still possible with H&S patternI still think the Head & Shoulders pattern has not completed and the near term bottom is the $400 level ($390's). That would also complete a nice 0.382 fib retrace of this really long wave since the June 2020 pullback. It would also fill the gap from April 2021. Not to mention, the $400 level is a very strong psychological level, and I expect heavy buying if we get near it. After that, I think we could see a more sustained rally, but also the risk of more sideways for the major part of 2022.
I am neither really bullish or bearish at this point. I am currently long on about 60% of my portfolio with some VXX exposure to hedge. Crossing my fingers for a good rally off that $400 level.
DIA token formed bullish Gartley for upto 37.5% pumpHi dear friends, hope you are well and welcome to the new trade setup of DIA token with BTC pair.
Previously I shared a trade plan of DIA with USD pair, which is still in play:
Now on a 4-hr time frame chart, DIA has formed a bullish Gartley pattern.
$DIA Analysis, Key Levels and Targets. $DIA Analysis, Key Levels and Targets.
That 331 got hit… and there’s not a whole lot of resistance from here to about 301… to maybe 293 and actually theres a gap at around 283 too to watch … That would be my next place to swing.
That would also be about the top of the pre-pandemic top, which personally I think it needed to correct back then…. So
GL
S&P 500 - Head and Shoulder Pattern - Confirm or Fail?Looking like a big decision point about to happen. Will the S&P confirm the H&S pattern and see a significant correction in the next week or so, or will it break out for a run at the ATH?
sma for 20, 50, 100, 200
$DIA Can Jump Up Now #DowJones #US30Traders, Dow Jones and other indices (NASDAQ and SNP500) yesterday had a blood bath but they all completed their respective bullish patterns. US30 (Dow Jones) completed an M FCP pattern and has also touched a weekly trend line. It is also forming a good monthly candle pattern which indicates that March can be a bullish candle for this market. As the conditions are not very favourable , a tighter risk management is needed.
Trade what you see and ignore any hypes. Stay objective.
Rules:
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2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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TARGET ZONE DAX TOP The chart posted is that of the DAX daily chart so has to see it better . We have ended pt 20 and should be on our way to see a new high in pt 21 again use this to sell into . As I wrote in dec 2021 2022 the year ofd a 20 % decline transition or rotation ? BEST of TRADES WAVETIMER
DAX THREE PEAKS N DOOMED HOUSE PT 21We JUST ENDED PT 20 We now see a rather strong up leg to peak in pt 21 near or just above the old high . Use this to sell long term holds into Oct 4 2022 is 6/7spirals and it is also 5 to 6 long term cycles low due oct 2022
What happens after double top rally in markets?I am using index ETFs here since I use them for option trades and they are so widely traded. Study DIA, SPY, and QQQ and note the double top similarity as it corresponds to RSI. DIA and SPY were a little stronger in that RSI showed a double top above 50. QQQ had an earlier 20 below 200 ma cross, so it is weaker and its RSI did a double retest of 50. Friday's candle broke the lows on these three charts and technically triggered more downside.
However, in this anything can happen market, there is a possibility that this Friday-Monday pullback results in another move higher before making new lows. For trading, this means be patient and do not over-commit to one direction. You can start a smaller swing position and add more puts when you have more confidence in the trade.
Also, though not shown here, stochastic %K has given a sell warning on the daily chart. The candles from 9-11 Feb moved %K from above 80 to below 20. Sometimes more downside follows immediately, while more often there is a price bounce up first as %D is still making its way lower. I cannot predict which will happen but I know to be on the lookout for a reason to buy puts.
I want to discuss IWM separately, as it does not have the same double top formation on RSI and price. IWM is more bearish, as 20sma crossed below 200 earlier, and so this chart is weaker. When you look at its weekly chart and indicators, you may want to buy swing puts.
$DIA $DJIA Key Levels, Analysis & Targets$DIA Long View - looking out into mid-year - I added a few targets
What I’m thinking is a possible retest of 331… and if that breaks I’ll be looking to the 293-301 area. (And actually there’s a gap right below that so perhaps targeting that area as well… so 282, 293, and 301 would all be the next buy levels if 331 doesn’t hold
And with this I’m starting to look into Late April/May.
Let me know your thought,
And of course, this is the big picture… there will be lot’s of opportunities in both directions and I'll zoom in on some smaller time-frame plays as they come up, with the bigger move being down.
GL
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I have a huge tolerance for volatility so please know that. If you’re new to my trade setups please try them on a small scale first. Then go in with a risk you’re comfortable with.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
And most importantly… Have fun, y’all!!
(\_/)
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how the dow gold ratio played out in the inflation 70sAMEX:DIA
TVC:GOLD
GLD
charting the ratio of dow to gold. dow above, gold below. Look how purchasing power eroded. The dow in nominal dollars went sideways for a decade, while gold rose over 20 times. the dow went from "costing 26 ounces at one point to "costing" only ounce at the peak of golds spike.
BEARISH ALT COUNT DIA I HAVE JUST SOLD out of All long calls and now moved to a 100 %net short based on this wave structure . moved into sept 365 dia puts at 26.25 .If this count is what it is then we should not see the dow break the low of jan 27 and this would take the sp and qqq to new lows sp 4138/3980 qqq 321/316
$DIAPrice has fallen below the trendline, but I expect price to return to levels above the trendline. In favor of growth is the fact that we pushed off the bottom bolinger band, i.e. difficult times have passed, and further we can expect growth (but we need to consider the movement of bitcoin).
The nearest resistance zone is 1.72-1.82
2 year bear market confirmed?! 43000ish top? Huge descending triangle. 43000ISH is top. THIS IS MY OWN RESEARCH I COULD BE WRONG. BEARISH DIVERGENCE ALSO
the real bull run ended in April, the rest is a massive trap
Using Regression Formula's to Predict Daily Highs and Lows Leave a comment if you would like to learn how to calculate the formulas or you have any other questions.
Hope you find this useful!
$DIA Key Levels, Analysis & Targets$DIA Key Levels, Analysis & Targets
Some number’s I’m looking at. Sorry, not much of an explanation today… I’m tired LOL.
GL
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I have a huge tolerance for volatility so please know that. If you’re new to my trade setups please try them on a small scale first. Then go in with a risk you’re comfortable with.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
And most importantly… Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
bear flag + bearish divergence. btc is finished 39 to 40.5kdont buy! dont long. bulls waiting for 39000 to 40000 to dump large amount of btc. BTC IS DONE. its done!
it will go below 30000 and form a resistance, stock market also rising wedge, bearish. stay safe!
i suggest DCA BTCDOWN around these levels.
there was huge inflow of btc last few days around 20000+. same as dec 2-4 dump.
DIA - Wobble TopDiamonds ETF Monthly Chart having a grim start to 2022. Wobble Top with wild price swings over the last five months. Jan 2022 has been the wildest yet.
Monthly chart showing a potential bearish engulfing print. With only 1-day left in January will they save it? Even if buyers do come to the rescue on the 31st, indicators point to DIA ultimately going lower in early 2022.
And while buyers may appear to be exiting in earnest this month, based upon an entrenched "BTFD" sentiment, my take is the real selling is just beginning. It likely won't take too much more pressure/bad news to start a real rout.
The dollar's strength/resiliency combined with JPOW's comments and live market reaction this past week are telling. Expecting at a minimum a quick retest of the recent Jan lows in early Feb, and likely sharply lower into March/April 2022. Long volatility and short just about everything else as the baby will likely be thrown out with the bath water this time. Great Reset Indeed.
Not financial advice.
TROW MODEL WE ARE GOING TO FIND SUPPORT .618I have been posting that the spring and a date jan 27 time frame would be an event I feel that the downside is focused at gold ratio support and max fear this is wave A within the bear market the final low is due oct 4 of this year but we are near the bottom and will soon see a rally for a few weeks after this cycle is ended .I will post detail later this sunday
An 8.5% change in the S&P in one dayWow, that is some serious price action. Bottomed out at -3.9% around 11:30 and then rallied +4.6% by the end of the day to close positive for the day..
On the chart you can see the 20, 50, 100, and 200 day SMA. I also added the key price levels to watch. You can see the bounce off the lower and the morning open to be at the middle one. Would not be surprised if we see a rally to the upper level in the next week or so.
Relative Momentum of US EquitiesRelative Momentum of US Equities
SPY - Broad Market / Large Cap Equities
DIA - Dow Jones
QQQ - Nasdaq / Large Cap Growth
IWM - Russell2000 / Mid Cap Blend
IWV - Russell3000 / Small Cap Blend
IWC - Micro Cap Blend
SPYV - Large Cap Value
SPYG - Large Cap Growth
VXF - Extended Market Ex S&p500
DIA token formed bullish Gartley for upto 148.5% big moveHi dear friends, hope you are well and welcome to the new trade setup of DIA token.
Previously we had a nice trade of DIA:
Now during the current crash, on the weekly time frame chart, DIA has formed a bullish harmonic Gartley pattern for a big bullish reversal move.
