$DJI dip bought yesterday paying off, $NDX #stocks BOUNCINGYesterday pointed out that we were using cash on that dip
We had sold decent amount couple days before from the longs of last week.
Bought (Sold puts) $MSFT $UDOW $TQQQ $RUN $ZS and others
With rates increasing & #FED staying hawkish how are we not going lower?
Maybe not here but we've stated before MANY times that #markets don't work, especially now, the way most think.
It's psychology & BIG MONEY moves how they see it.
$DJI can very well stay RANGEBOUND for a bit. Stayed this way for 2 weeks in December.
The indices are "easier" to track so find your fav company and use indices to trade around it.
DJI
SPX | A Trader's MindThe anxious moment when your investment goes through a period of slowdown or drop.
When everything is good, everyone is happy. Nobody thinks twice when a market is growing.
It's at that point of the first lower-low, when an investor loses their sleep. And it can be suffering when insomnia is prolonged.
The 2022 Recession will be remembered as the most confusing and pressured of all. One whole year later, and still we don't sleep all that well. We hoped that things would clear out by now. Instead, the situation is more confusing and chaotic than ever!
Being in a period of all-time-high records, I feel proud. Yet, the responsibility in my work is most important than ever.
And there are many records occurring right now...
For the first time, Money Supply has taken such a dramatic downturn, with an incredibly steep yield-curve inversion.
With 470B burned until now (M2SL chart) and with such a prolonged inversion, it seems that a new era begins right before our eyes. A period when money is scarcer and scarcer.
We were crying all these years that money loses it's value. Now that money is getting much more powerful, we are still crying.
This kind of mentality doesn't help us. It can certainly get us pretty far, but in the wrong direction. We should dedicate our thoughts and efforts into deciphering this incredible new era. I am not optimistic for this new era for many reasons, an explanation of these reasons is not fitting in a trading platform. We are facing serious humanitarian problems that we choose to avoid, or problems that we create (un)willingly.
To figure out what happens, we should begin thinking spherically. Isolating equities doesn't get us far. It is the balance of powers that is changing in an instant.
-- Tricky Bear Market Trendlines
Bear market analysis is not as simple as many expect. The bottom is not that easy to pinpoint. There are many bottoms that precede the terminal bottom. In each one, everyone trades as if the bottom is in. Most of these times, the bottom is not in...
I've seen innumerable charts this past year, claiming that the bottom is in and that we should trade it. Yet, none of them ended up true
Breakout, divergence, MA crossover, over and over and over again...
The same mentality occurred in previous recessions...
After these instances, more downside followed. Are we sure we are out of the woods?
-- Hollow Equities
The Stock Market is not what it used to be. The major indices are not priced just by stocks, but from derivatives also. The following chart attempts at calculating the percentage quantity of derivatives. The higher it gets, the more "hollow" prices get.
More info in the following idea:
How much should we trust index prices given that they are filled with weapons of mass destruction?
-- Cash instead of Stocks
From 1920 to 2020, Equities were the go-to investment. Currency was just the mechanism to buy into equities.
Now a paradigm change is beginning. Progressively higher yields and steady equities shape an entirely new understanding of what investment is. From investment in equities, to investing in money itself.
A horizontal movement is expected for DJI against yields. Equities can increase as much as yields allow them to. Not the other way around.
Until now, equities dictated yields. If equities stagnated, yields had to drop to stimulate the economy. Now, equities may increase only when yields allow them to. The FED is showing that rates will not lower even if this ends up in severe financial crises. Money has to remain strong for those who have it. In periods of war, financial advantage is more important than growth.
Surviving against the enemy is a priority. Talking about a paradigm shift!
-- Commodity Inflation
Commodity inflation is brewing. Now it is beyond brewing, it is getting explosive...
Inflation is getting so severe, that it is bull-flagging against money supply itself! At least according to my charts...
And if Bitcoin can be considered a commodity, it is showing the same dynamics as material commodities do. And in an even higher degree!
To NDQ Bulls, the big-tech bubble appears to have already ended!
Perhaps we have not seen just yet the dynamics Bitcoin can get. It is proving an investment that is progressively accumulating incredible amounts of idle wealth. High amounts of money are "parked" in Bitcoin, sitting idle.
This chart is very simplistic. One more experienced with Bitcoin analysis can make a more thorough analysis. If one of you does, please inform me because it is very interesting for me!
There is much more occuring. Housing is one important market, on which I am not experienced to analyze.
As a conclusion, I advise every TradingView user to concentrate their efforts into deciphering the future. In this new era of progressively stronger currency, equities and investments will not perform like they did the past 40 years of QE. There is much work to do for us to financially survive in this environment.
PS. To get something out of the way, I don't give trading advice. My charts are drawn with arrows so as to explain more easily my thought process. I post these ideas to provoke conversation and logical analysis. I can always be wrong in my thought process. If you disagree with a chart, please disprove it with a chart. Not with texts of semi-logical reasoning and by calling me crazy or conspiracy theorist.
Of course any comments and corrections are welcome! It is when you want to disprove something that requires you to send counter-evidence.
Tread lightly, for this is hallowed ground.
-Father Grigori
DOW JONES The opportunity to buy again is NOWWe have been following this Triangle pattern on Dow Jones (DJI) trading within what we called the 'High Volatility region' since last year, with are last buy signal given 1 week ago:
The 33400 target was reached and yesterday's rejection on the 4H MA200 (orange trend-line) is providing us with a new opportunity to buy. We have a confirmed Triple Bottom ranging from November 09 2022 and today's low makes a Higher Lows sequence similar to what followed after the December 20 2022 Low on the 32480 Support. Even the 4H CCI is on the exact same levels as December.
Target 1 is again 33400 and Target 2 is 34350 assuming the index breaks and closes a 1D candle above the Pivot Zone and then re-tests it successfully as a Support.
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DJI Possible Drop Incoming for 2023Good morning, Traders. Right now, weekly timeframe looking like some minor up movement is still possible, but don't let that move fool you. Monthly timeframe printed a HUGE bullish engulfing candle, if that level is broken, I am expecting DJI to drop down to the 28k level.
Projecting the first half of the 2023 will not be great for the stock market maybe the entire 2023. Only time will tell...
Well, that's it for today, Happy holidays everyone and have a great rest of the years! Happy Trading!
SPX | The Everything BubbleSPX vs Inflation is a chart I explained in the following idea.
While this chart showed incredible golden-ratio behavior, there are some periods which stand out. The smooth dance of the ratio throughout the last 100 years, has some quirks (the red ellipses). These periods are not random, they all feature a bubble behavior. It is clear as day that in 1996 the .com bubble formed, which caused SPX to return to trend in 2003.
The 2004-2008 stock market growth and the Great Financial Crisis are not apparent, since they are part of The Great 2000 Recession. They are in the middle of a long-term downwards trend.
So where does this leave us? If this chart has any meaning, we are in the middle of the air, with incalculable drop for the chart in the future...
One target can be pinpointed using probable fib-extensions, using retracements drawn from important highs and lows.
It is 12 times lower than now, or 92% drop. It depends on how you look at it...
PS. I know that charts don't go back in time. The red arrow is drawn towards the left for aesthetic reasons.
Who knows how far downwards is the trend now...
PS2. I invented a new name for the Head and Shoulders pattern. I call it Cerberus, the three-headed beast guarding the Underworld.
Look at it in action:
The tail of Cerberus is a dragon's head spewing flames, which in trading would be a bull-flag.
Chart taken from SPY_Master
Tread lightly, for this is hallowed ground.
-Father Grigori
SPX | The cake is a lieThis is not the 2008 Recession. This is deception. This is the Recession nobody remembers.
SPX by itself doesn't show the entire truth. The monster of QE clouds your vision, clouds your judgement. It's strength, it's pressure pushes everything upwards so much. Too much... Until you are in a delusion.
The 2020 Black Swan was not black. He was in the shadows. One of the lights that can help you see him is the SPX*US10Y chart. In the "Related Ideas" there is the link to the inventor of the chart.
This is the 2020 Black Swan we all witnessed.
This is the 2018 Recession that really happened.
For reference, this is the modified chart from 2008.
And the chart from 2022.
Pattern taken from 2008 and fits like a glove.
We are also in UTAD, in a long-term Wyckoff Distribution.
Is it a conspiracy theory? It could be. The easiest method of manipulating the economy is with bonds. They make them and they define the base yield. So in theory and in practice, they can affect the economy any way they want. In short, they could in theory hide a recession in an ocean of money, in the era of information and QE.
They are after your money. They will do anything to take them. Watch out. Who knows what trap they will set up now...
Tread lightly, for this is hallowed ground.
-Father Grigori
Intraday Bullish setup on DJIOn a weekly chart, the price broke above the upper band of an expanding wedge channel, now it just made its second retest of the upper band- making that level a bit more stronger (provided it does not get broken).
So, i am having 2 bias, one is mid-term bullish bias as shown in the above chart. A break above the Intraday - OB followed by a retest would mean that buyers are still very much interested in riding the price back up.
Alternatively, if the price break down and fall back inside the wedge (weekly) then the FVG could get filled up and it's going to be a quick bearish down pour.
So, stay close and watch how it plays out.
AW Dow Jones Analysis - Final Move Before Crash In Progress...In my previous video I highlighted exactly what I thought was going to happen and thus far it has materialized.
The level of detail in that video goes to show how precise AriasWave can be when used correctly.
This kind of analysis cannot be found anywhere and if you think that's funny you should see the bigger picture.
Slowly but surely, I am formulating a view that will more accurately be able to predict the next moves in the market for years to come.
My two favorite charts to understand this process are the Dow Jones and Bitcoin.
With the guide of the 10-year bond yields analysis it serves and the indicator for when the Fed will tighten versus stimulate.
With the help of the US Dollar and Euro analysis I can also make the prediction that a fairly decent bull market awaits us in the years to come.
I have linked some related ideas down below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
20 Reasons for buy US30 Dowjones 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: Super Bullish and already swept multiyear Liquidity NO weakness here back to back High
2:📆Monthly: The bulls Are so much in power After form, and Valid Hidg prices Are Also confirmed Valid low to And making a Monthly Flag type pattern A continuation sign toward the upside
3:📅Weekly: After a Choch price, we cannot break the previous Pullback and take more robust Support here. also, a weekly FVG and OB
4:🕛Daily: A valid Higher Low and a Proper wick off Spring After tab Daily OB here a strong bull reversal patterns also appeared, so we need to seek only buy entries from here
😇7 Dimension analysis
🟢 analysis time frame: H4
5: 1 Price Structure: Sideways after a bearish Trap On recent low
6: 2 Pattern Candle/Chart: Bouble Bottom, Bearish TRap, Sharinking Candle, Move Start with Gap ups, and also makes a poll and flag type pattern here everything BUllish
7: 3 Volume:
8: 4 Momentum UNCONVENTIONAL Rsi: Taking resistance on 60 levels that indicate just for sometime price may halt here, and complete flag patterns on h4 but may not go down 33310 level because here h4 FVG a strong support
9: 5 Volatility measure Bollinger bands: even it on above middle band after a w pattern, but we need a strong upside breakout or proper structure even on 1min tf
10: 6 Strength ADX: DMi cross bulls are in strength right now
11: 7 Sentiment ROC: USD is weaker indices are stronger
✔️ Entry Time Frame: 15M
12: Entry TF Structure: bullish and retest their 1st OB also make a bullish momentum candle
13: entry move: just impulsive move is started
14: Support resistance base: 15 min ob Support
15: FIB: trigger event occurred, and even the trend line also broke
☑️ final comments: Buy
16: 💡decision: Buy
17: 🚀Entry: 33433
18: ✋Stop losel: 33299
19: 🎯Take profit: 34167
20: 😊Risk to reward Ratio: 1:5
🕛 Excepted Duration: 4 day
DOW JONES: Hit all of our targets. Expect a retrace.As Dow Jones hit the 4H MA200 today turning 4H technicals overbought (RSI = 71.290, MACD = 117.130, ADX = 48.966) it also achieved the two targets we set last week:
Our whole plan was based on the huge demand on the November Support and the fact that the previous drop to that Support was very similar to February's. If this continues to hold, then we are at the part of the sequence as denoted by the circles. A retrace to Fibonacci 0.382 level would be very reasonable technically and once the 4H RSI turns neutral again below 55.000, we will buy again and target Fibonacci 0.786 (TP = 34,050).
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💾 Surprise Crash Or Green Monday?Are we set to get a surprise crash?
Why this question?
Because the chart looks really good and when the SPX grows, everything grows.
When everything grows, everything grows.
Barring a surprise crash on Monday, we get a green Monday...
Ok, let's read the chart!
The SPX closed Friday green. It tends to follow up the next week (tomorrow).
The SPX bounced from MA200, confirming this level as support.
The SPX moved on Thursday above EMA100, on Friday it moved above EMA10, EMA50, EMA21 and EMA300. EMA300 being the longest moving average and one that has been tough on the SPX for many months. Staying above it, the grey line on the chart, opens the door for long-term growth.
The RSI is bullish and strong.
The MACD is showing a bullish cross on the 4H timeframe, on the daily is trending up.
- Gold looks strongly bullish, I just shared a chart.
- The DJI looks bullish.
- Bitcoin is consolidating solid, strong as well. Not really bullish? Trading above EMA50; bullish as well.
- I've shown you dozens and dozens of Altcoins producing massive explosions recently, hundreds if we go back to February and more than 500 that have been growing and printing higher lows since the start of 2023.
Surprise crash or green Monday?
What do you think?
Namaste.
SPX | Did you win?Ah the beauty of Fibonacci... when after a painful recession for equities, we reach the golden ratio alive and well. The satisfaction!!!
Now we can go all-in equities! Perhaps you are one of the lucky ones who bought the October bottom, then congrats to you!
How much was your profit really? After all, this was a peculiar year... Yields massively increasing, equities dropping. It is like a dead end, it feels like a maze...
The main chart does show a significant recession... But we have passed it!
Some charts suggest that we had no recession this year...
Other charts suggest the complete opposite!
Note that these are my charts. I was the contradictory being...
Look at what the last chart means:
LQD is the investment-grade ETF. On the second chart it is compared with SPX/(modified-yields) and on the third with SPX/(modified-yields*PPIACO). The correlation is as good as it can get...
This is a mess... what can we infer from all of these charts?
Something fundamental can help us clear the picture. We can differentiate between 4 distinct periods of the economic cycle.
A. Equities increase while yields decrease (bonds increase)
This is the QE model, which followed us for many years. During this period, the only winner is the one who had only stocks in the beginning. Investing everything in the stock market is your best bet.
B. Equities increase while yields increase
This is the scenario when the economy is at it's best. During this period, everyone wins. Both the one who has stocks and the one who is selling/lending cash (sitting on cash) win. Any kind of investment is good in this period!
C. Equities decrease while yields decrease
This is the nightmare of the wealthy ones, and this period that rarely comes. It happened during the 1929, the 2000 and the 2008 recessions. During this period, you win if you have nothing invested, and without any money. Borrowing money to buy stocks is the best plan.
D. Equities decrease while yields increase
Sound familiar? This is 2022 in a nutshell. During this period, I hate to disappoint you, the only one who wins is the one who has a lot of money. Sitting on cash and lending it is your only option. The immense amount of money that the US printed, is now sitting in the hands of few. If you traded for profit, then you are probably at (or near) net-zero.
In 2022, you won if you sat in cash. We have gone full circle, from advising into sitting in cash, to advising into selling, to buying, and back to the beginning. Finance is complex...
To conclude, my head is spinning... I have no idea what all of this will lead to. It is as if we are in a lose-lose scenario.
Invest in bonds? But is the US going to be able to pay them out, after decades of free money? And with so much money in circulation, how many bonds are being purchased at these "extortionate" rates? How in the world will the US be able to pay out so much? Invest in equities? They look like they will face years of stagnation.
The only thing that smells lately is the smell of war, the smell of "I have nothing to lose". The only thing to gain now is resources.
Commodities are bull flagging against everything. More specifically, the combination between the cost of commodities and the cost of their production added together. This makes me believe that a small increase in production cost will lead to multiplicative increase in the final product value. This is a recipe for hyperinflation. And the big profit is if you own the land the resources are produced. (Ukraine for wheat, Taiwan for silicone, etc...). Everyone is willing to fight for these lands...
I am adding this chart for the picture on the left. The CEO of Bank Of America is preparing for US bankruptcy.
Tread lightly, for this is hallowed ground.
-Father Grigori
💾 DJI Bullish But Why? & BitcoinNotice how the August 2022 peak is followed by a strong correction, instantly.
The November and December 2022 peak is followed by sideways consolidation.
That's why I consider this chart to be bullish.
I make the same argument for Bitcoin.
In the past, each time a peak is hit we have a strong correction immediately after.
In the present, as each new peak is hit, we get sideways consolidation.
That's a bullish signal.
Thank you for reading.
Namaste.
DJI intraday sets up for DAILY movementsFrom yesterday
----------
11:34AM
1hr VOLUME SUCKED
BUT
That 1Hr Doji is a good sign & RSI positive divergence
4Hr looks ok, reversal but not strong enough
NEED more volume
More later after
#DJI $DJI #stocks
---
12:21PM
$DJI Volume pumps up more & we close the 4Hour (around 130est) ABOVE 32793 = GREAT sign
(((FYI IT DID NOT DO IT)))
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4:05PM
It' been a 1k point battle for $DJI
Today we close with a DOJI
Again, this week IS IMPORTANT!
Flat day but 1st signs of buys
Time running out but still holding!
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TODAY TODAY TODAY
$DJI bulls are fighting hard & not giving up here
30Min looks ok
Changed 20 EMA to 30 & painting lil better picture
1Hr reversed back to 20EMA
4Hr still not there, Needs to trade north of RED EMA
BEST if resolved TODAY
DOW JONES This is the bottom. Fractals from 2022 confirm.Not surprisingly to us, Dow Jones has stayed inside the High Volatility region that we have identified back in late November:
The 1D MA200 (orange trend-line) has supported twice already since November 10 and is now going for its 3rd hold. If we pay a closer attention to the 1D RSI we see that it has printed the very same pattern it made on all Lows during the 2022 Bear Cycle. That is basically 3 occasions. The RSI is very close to the 30.00 oversold barrier and as the 1D MA100 supports, it makes it the most optimal long-term buy level on a 2-month horizon.
Even though it has been mostly trading sideways within the High Volatility Zone, on RSI terms, it is comparable to all 2022 Lows that bottomed out on an oversold 30.00 1D RSI and started an aggressive rally in the form of a Rising Wedge.
Our Targets are: short-term = 33400 (Pivot Zone), medium-term = 34400 (February 14 Resistance), long-term 35500 (April 21 Resistance).
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DOW - Any relief rally is guilty until proven otherwise !Seems to me like this could unfold as a complexe correction if bulls are to remain in power longer term.
We could see soon a move up but if it stays sideways it's most likely going to be a wave (b) of higher degree Y imho.
Look for individual names showing relative strength right now, those are most likely to be the next big leaders.
DOW JONES bottomed out on a 4 month Support!Dow Jones almost hit Support (2) at 32470 a level that worked out twice since November 9th 2022, starting strong rallies to 34390 (Resistance 1).
The same Declining Support on price - Rising Support on the RSI (4h) Bullish Divergence was formed on the December 20th bottom.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 33050 (MA50 (4h))
2. 33500 (MA200 (4h) and bottom of the Pivot Zone.
3. 34300 (under Resistance 1).
Tips:
1. The MA50 (1d) moves parallel with Support (2) and essentially has provided the same level of support pressure as that level. Trend changes long term if it breaks.
Please like, follow and comment!!
DOW JONES hasn't been such strong buy since Dec 20thDow Jones' long term pattern is a Channel Down. On this chart you can see that all 1D candles have closed inside the Channel regardless of the length of their wicks.
The 1D RSI is inside a Channel Down of its own. The price is approaching a Triple Support Zone: the 32500 horizontal Support, the 1day MA200 and the bottom of the Channel Down.
Last time all three were fulfilled was more than two months ago, on the December 20th low. This is a strong buy and our target is the top of the Channel Down at 33950.
Follow us, like the idea and leave a comment below!!
SNP500 Bullish Short-Term Expectation Analysis This expectation is a framework to look for a potential trading setup; I recommend you to not just execute based on these levels. I always wait for confirmations on lower timeframes
Click on Boost (like) to support these free analyses!
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- Wyckoff
- Etc.