DIA Support breakdown . US Stock406 below short
405/400 /398 can test easily
support below dia very weak
DIA
September Effect - Up/Down/Sideways - How I'm Trading ItSummer trading is officially done and the market will be news sensitive leading up to the big bad FOMC Rate Decision on September 18.
August's monthly candle is a wild one with a massive wick to the south and the bulls pushed the SPY within a whisker of all-time highs, Dow to several all-time highs, Nasdaq into a nice bullish recovery posture, and Russell the same (higher lows).
6 Central Bank Rate Decisions in September
US News on Employment and Inflation all rolling out before the FOMC
I'd like to see a seasonal dip or pullback to offer more accumulation opportunities before a run higher. Let's see how it plays out.
US Markets Cleared For A 13% to 24% Rally - Get SomeThis video highlights why I believe the US markets are ready to make a big move higher over the next 12 to 24+ months.
Many people suggest the markets will crack or crash, or we will experience some black/grey swan event. I'm afraid I have to disagree with this belief.
Yes, there is always a chance we will see some market event. However, to disrupt the US/global economy, there would have to be some event that disrupts the world, not just one or two smaller countries.
I do believe the US is making a broad transition into the 21st century, and new leadership (Govt) is required to make that happen.
But I also believe the seeds have been planted for exponential growth over the next 10-20+ years - and many traders are too focused on the crash dummies to see the real potential.
Watch this video. Share your comments if you like.
I believe we will see pullbacks and rotations on the way up - but I don't think we'll see any big crash event until after 2031 (or later).
Get some. This is going to be BIG.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Prepare For The BOT COM BUBBLE (Starting 2026 & Beyond)I spent quite a bit of time this weekend going over my custom indexes and other research data to try to identify what and how the Vortex Rally I predicted would take shape.
I mentioned something to my followers/subscribers last week about how today feels like the early 1990s (1991-1994 roughly). At that time, interest rates were just dropping from all-time highs and the general markets were in a bit of stagflation. People were not actively investing in homes or other big assets because it was not clear what the future would bring.
The US government has just gone through the Regan Era - where spending on Starwars and other projects were considered Excessive - but that translated into a massive technology boom-cycle in the last 1990s.
Are we going to see the same type of explosion with Robotics and AI over the next 10-20+ years.
Will that lead to a massive rally phase (global & space growth industries) over the next 50+ years?
How will humanity react to a massive robotics expansion where jobs and services may be replaced by robots?
What will this transition lead to - some new type of human society/expectation where we can actually live a life dedicated to improving the human experience vs. working our entire life?
Watch this video. Pay attention to my research.
If I'm right - we are about to move into a very explosive market phase and smart traders should prepare for this move NOW.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Bulls Say "Can't Stop Won't Stop" - S&P 1% from All-Time HighsIt's as if the markets couldn't wait to open on Monday and continue what they've been doing for 9 of 11 trading days - push higher.
S&P +.96%
Nasdaq +1.31%
Dow +.58%
Russell 1.22%
For a Monday, it was a pretty directional day.
Wed-Fri is when the US news hits (FOMC Minutes, PMI, Jackson Hole, Powell Speech) so let's see if the party bus continues to rock until something forces a pause.
S&P is a mere 1% off of the all-time highs. All of these comebacks are mighty impressive considering it's the bears that usually accelerate the direction - these bulls are highly motivated.
Long $QQQ with a target of 460Near the close on Friday after break above daily anchored vwap I did buy some weekly calls looking for a bounce towards 460
I will update and manage the position on Monday
Bought calls near end of day in $DIAWe closed above daily anchored vwap late on Friday afternoon in AMEX:DIA so I did buy calls with a target towards 404
Will manage the position Monday morning
Weekly Recap & Market Forecast $SPX (July 21st —>July 26th)Market Forecast (Updated 07/21/2024)
**SPX**-Rotation into small caps and industrial stocks continue, which led to more sell off in SPX
We have a lot of earnings coming up this week so that can shift the direction of the market as well.
Next resistance $5655and $5688
Next support $5521 and 5428
Weekly Sentiment = Bearish
**Chart Analysis:**
()
**Dollar Index:**
DXY- Looks like the dollar index found support as the euro weakens. Which means we could see further drop in SPX.
Next resistance $105.90
Support $104
Sentiment = Crossover to upside
**Put to call Ratio: 1.31 —> 1.15
Next FOMC date: July 31, 2024**
**Fear & Greed Index: 56—>49**
BA Channel breakdown possible , US Stock Channel breakdown possible 179 below
price close below 21 ema
176/172/168 expected to test soon
DIA USDT Idea BullishBINANCE:DIAUSDT
6day timeframe chart
falling wedge can lead us to quickly 0.81 and new higher high can go to 1.16
NOT A FINANCIAL ADVISE DYOR.
DIA - short, short-term and neutral long-termDIA - I'm short to 0.36. We've hit peak greed zone so I expect profit takers who bought in at 0.31 to be active, at least until things chill out a bit. I put a path on what I think it will do...but it might take a week to flush out sellers and find a bid.
High for 2024 5554/5631 focus 5591 wave 3 TOP wave 4 decline set The relationships from the peak 0f 3391 2020 to the low 2191 and 4818 and 3491 all have a clear fib relationship . I can now feel that the relationship if it was to continue as I think into Oct panic low which is about 4690 4710 area to mark wave 4 of super cycle diagonal . I have the 5 th wave target at 6088/6181 as the end of the bull market low march 9th 2009 best of trades WAVETIMER !
HD Trendline breakout 352 above breakout
360/365/371 /385 can test soon
resistance breakout possible
DIA POSSIBLE WAVE E LOW what NEXTThe chart posted is the only Bullish wave structure and it is now labeled if this structure that has formed is correct then we would see a Run above 40k and it would be rather fast . I am watching close best of trades Wavetimer
DIA if today is wave B or 2The chart of the dow jones tracking stock DIA if today lows hold we could then see a run to two targets fist is 393.1 BEAR wave count alt is a rally to .786 where wave A or 1 equal 1.618 at a .786 Reason TLT has now broke above fib res and this should be a positive for the BANKS
SP500 I am moving to a 90% short today on any new high 5370I will now move to a 90 % long in the money puts in spy and qqq for march 2025 on any new high today . I see the wave structure ending a nice 5 WAVES up and I am worried about the DIA formation it could be a wave B if this is right then we will see a sharp decline on NEWS over the next 10 td and drop 3.5 to 5.1 % Vix also should see a new LOW .SO I am moving short today
DIA support and crossroads ! The chart posted is than of a channel I believe we have been in for some time as well as fib relationship . we are now sitting a channel that should be watched and respected .
This is and has been my wave count as a TOP115% short now The posted best reflects my view within the wave structure . as The VIX has entered the 12.74/12.4 For months I been calling for two targetin the based on 2000 peak and the 2007 peaks they were 5261 gann 2000 peak of 1555,5 and 2007 peak 5331 I am net long puts in qqq and spy till I see otherwise
TOP IN SPY 513 area I can now count the move up from 4954 two ways a simple abc rally into .618 or the chart posted 5 wave up for a wave A I lead towards the ABC both had the math into the same targets . I have moved out of the longs 75 % to zero and moved into 35 to 40 % long PUTS best of trades WAVETIMER trade # 23 for 23
Possible Wave E has ended this is the ALTThe chart posted is Low odds BUT must be looked at as the wave structure and the cycle s turn may 8th is nearing .I Am net long spy msft gld dia I have changed my positions and added this morning near the low in GLD I am also looking to buy BITCOIN I have target 56200 to 55900 but we may not get to it .
I am long calls SPY and now TLT The chart posted is that of the DIA as I have said this chart is and has been very clear in regards to the Pattern forming . In march at the spring Equinox on the 21 we peaked above the bb bands on the monthly and also peaked just under the super cycle channel into the fib projections 39580 to 40480 right in the middle 39880 . So we have a cycle turn that goes back to oct 13 low 2022 this is due may 8 plus or minus 2.2 days . I do NOT see us breaking this channel posted NOT YET .I have posted the pattern to which I see us following .We have had two equal legs up to the tick in the spx 500 cash But the dji has formed something different . I did try to short the other day into 5120 but covered with a minor loss .35 of 1 pct and did go Long calls from 5080 25 % and had to 40 % at 5065 and then to 50 % at 5060 as the math had a target 5059 that held and then broke rather sharp and accelerated at that point sharp .I maintain my 50 % long calls and see the DECLINE still forming a wave abc for WAVE B low we should have a sharp rally in wave C up to 5146. if we break above 5146 we should see a alt min 5196 after this we would see a retest of 5264 and most likely print the final top 5330 . the 5262 peak was a perfect relationship to the 2000 peak and on the GANN day march 21 . Best of trades WAVETIMER
04/27/2024 - Watchlist, Stocks, Crypto - Video Idea - TA ChartsWatchlist, Stocks Indexes, Bitcoin, Crypto TA Charts by @NoFomoCharts
00:25 Watchlist and News
02:05 Stock Indexes
06:22 Crypto, Bitcoin, Altcoins
Watchlist, SPY, QQQ, DIA, IWM.
TOTAL, Bitcoin (BTC/USD), Halving History, ETH/usdt, BNB/usdt, SOL/usdt, ADA/usdt, XRP/usdt.
04/27/2024, 08:00PM EST Video Idea.
Technical Analysis & Educational Chart Videos.
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All content is Not financial advice.
This is why I am taking on long calls the channel The chart posted is in a well defined channel that is parallel we are now retesting it . if we were to Break it . that would be BAD thing . But if we break it and close back above that that would be a GOOD thing .We had the Vix cycle peak come in within 1.5 days of the 4/15/4/17 and we are setting up for Moves in Both directions . Trade it this way
