$SONO has a great short signal here, paired with a longer term down trend active, coming down from overbought readings in the daily timeframe, and below the most recent 'Key Earnings Level' from the 'Key Hidden Levels' suite of indicators developed by my mentor @timwest . A great setup considering possible implications and the state of affairs in the market these...
I've been thinking about it and the setup here is probably the best trade to take in crypto markets going into the end of the long term trend signals I had forecasted in $BTCUSD and $ETHUSD as far back as July 2020. Weekly and daily charts, and also ratios vs $BTC and $ETH show $LUNA can perform incredibly going forward. We all are aware of Do Kwon's stunt, to...
$SPX confirmed a bullish signal today, after it was evident selling had been absorbed systematically by long term investors since September 4th until today. This buying puts a floor on the market here, and potentially offers a solid support level if retested once prices move higher, if they do hold here for a couple weeks. A new weekly signal can trigger by the...
I suspect we are seeing a broad market relief rally in risk assets, including crypto. I bot my max allocation in $BTCUSD and $ETHUSD today, before US equities closed, with an 80/20% allocation to each respectively. I'm allocating 25% of my capital into it, whenever I want full exposure in crypto assets. Daily technical charts show a trend signal kicked off here,...
Reward to risk was quite good to short Ethereum vs $Bitcoin as a pair trade, there's downside to 0.062 by March 8th, as long as price doesn't hold over 0.0715 before then. Best of luck if taking a stab at it. Best of luck if shorting it. Cheers, Ivan.
I'm short $AMZN from here, I had briefly ridden a daily down trend signal before, but now we have a massive monthly topping pattern kicking in. I think it is a good market hedge, and might be a great long term pair trade to short it against energy longs as the ultimate reopening/end of the stay at home bubble trade. Bezos leaving was the kiss of death, antitrust...
I think Nat Gas prices are going to soar here, for the coming 9 months. We have a daily entry here, that can evolve into a massive monthly trend. Try not to miss out on this play! Cheers, Ivan Labrie.
I plotted blocks of 5 years as bars and did the T@M analysis for them, which shows a very interesting view of the long term trend cycles in equities since the start of the Dow Jones index. You can see how this helped prevent exposure to equities during the 70s for example, or guard against a decline back in 1929. As an exercise, it's highly interesting, but we...
It's been a good while since the 2w timeframe chart flashed a massive signal in Gold...It's a reliable timeframe for gold historically, rarely confirms a trend for no reason. I'm long with 25% of my capital, as part of my defensive portfolio allocation. Best of luck, Cheers. Ivan Labrie.
This is the lowest risk idea to hold for a decade here and add to it from savings or profits generated in other shorter term accounts...Ideal fit for a long term account, to simply sit in it and add gradually, never selling until this pans out. I'd say this has 10% downside risk due to the monthly chart structure, but upside is enormous. Cheers, Ivan Labrie.
I outline time duration and potential upside for the current trend signal in this chart, I had described this possibility in my previous publication. As a positive, we have pretty pessimistic wall of worry kinda sentiment now, and odds of a rally are big with this timeframe being in control of most of the major swings historically in $Bitcoin. Moving below 47k...
The Kiwi dollar presents us with a high reward to risk long setup here. Set stops below 0.68 to be safe and let it ride until it hits 0.6974 for a 50% take profit, and exit the rest of the position by the close of Jan 27th, or if price hits 0.71295 before that date. Risk 0.25% minimum, and up to 1-2% of the account in this trade, you can calculate sizing based on...
$EURUSD has a nice confluence of factors suggesting a bottom here is possible, with it rallying back towards 1.17-1.18 over time. Weekly down trend signals have taken the Euro down for a long time now, both were 13 week long each time, with the latest 13 week decline signal expiring when the Euro hit a long term support level from where it had taken off after the...
I think it's either the bottom or very close to it. Worth taking a punt here, risk 3 average ranges down and go for the gold . Let's see how this one works out, I'm not risking big on China overall, but from a contrarian standpoint it is really interesting as to pass on it here. It will be more confirmed once the daily chart flashes a bottom signal, this would...
Historically, signals happening in both pairs suggest a good outcome for long trades in the Aussie dollar. I've caught a move before, when a weekly trend was expiring on the downside in $AUDCNH, and we rode a few nice moves up in $AUDJPY and $AUDUSD then. We now have a second chance at a similar juncture, while also the $DXY is at the end of a weekly uptrend in...
This means we have a chance of triggering a 2 week timeframe uptrend signal if price breaks over 53k ish before Jan 3rd. The 2 month timeframe trend, which has historically drove $BTCUSD's main cycle suggests the market is bullish until May 2022, and the current juncture allows for a move up to confirm, which would last until mid May give or take. This is a good...
Seems like yields have bottomed in the US, we got a shot at a reflationary/reopening move thanks to the recent wave of news surrounding Omicron and the $PFE/$MRK pills, together with a nice sentiment reset for the past month across the board. I'd suggest going long XXXJPY here, I'm in $GBPJPY and $EURJPY personally, but $AUDJPY also has a nice signal as well and...
The daily down trend signal that triggered today indicates we might get a retracement in the existing monthly uptrend in $WTICOUSD. Oil futures would be a great buy once the current fall slows down and reverses, so I'll keep my eyes wide open waiting for cues to go long into monthly support (see the green arc area). Upside over the long term is huge, so, it is of...