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Long-short-long

We will be long-short-longThat is long in the short-term (until the Fed), short in the medium-term (until October), and long in the long-term (until next Spring). Through some creative analysis, I have us in Primary wave 4, Intermediate wave C, and Minor wave 2. I expect Minor wave 2 to end tomorrow, likely earlier in the day and then we begin Minor wave 3 up toward 3975. It may take 2-3 days until wave 3 ends. Wave 4 will likely be a day long and I have currently plotted it halfway between the projected movement of wave 3. The final wave 5 will likely last around 2 days. Based on prior wave C movement, the strongest model agreement has wave C lasting 7 days. I figure 7-9 is safe. Based on prior wave 4 movement, the overall move has the most model agreement at 28 days. I think we will fall short of this mark as the Fed rate hike occurs two days prior to this point. We could drop into the rate hike and finish 4 with a wave 5 up after the hike if “it’s not as bad as forecasted,” but most of us are ready for the 100+ basis point future. Wave 3s ending in 4C3 tend to extend 101% beyond wave 1’s movement 75% of the time (1st Quartile), beyond 112.68% on 50% of the occasions (2nd Quartile / Median) and 25% of the time (3rd Quartile) it will extend 125.81%. Wave 4s ending in 2A4 tend to retrace the wave 3 in which they follow by 29.58% on 75% of occasions (1st Quartile), retrace 54.82% half of the time (2nd Quartile / Median), retrace 84.72% on a quarter of occurrences (3rd Quartile). We will likely top out above 4000, but how much further remains unknown. Early earnings may be paltry, but earnings forecasts post-Fed rate hike will likely take us down through 3400 over the next 2-3 months.
SP:SPXLong
by StockSignaler
AUDUSD Possibilities.... and peesha.See, when i eat PEESHA ! and drink some tea... It means i need more peesha, and more tea. Its just a rule of life. As you can see on the chart. We are looking at a possibilities, not yet confirmed. An idea, if you will. If AUDUSD a.k.a Kangaroo Land. Reaches the yellow zone (or orange... seriously wtf is that color ?) We are expecting a very good year for AUD in 2020. Coz it means we're gonna have a Bullish Run for a shhhhhhiiiiiiiii............ shkebab loads of time. (aside from corrective move i mean, seriously, if u need to ask this, u need a slap) . . . . . I haven't traded this pair.... yet... coz i wanna see how this wave projection turns out. But if ! I wanna trade this pair, i need to see either if it fails here, so i can sell, Or buy if it reaches the yellowish orange zone. (Not gonna buy on the zone tho, i wanna buy at the correction after it reaches there, DO NOT BUY IF U MISS THA IMPULSE ! WHAT ARE YOU !? IN NEED TA LOSE MUNNY ?) Note on the bottom : There is no note, i haven't traded this. And this analysis is for the purpose of me, NOT FORGET WHAT I ANALYZE. (This message is not sponsored by any kinds of pizza or tea....... why tho....)
by Arthyus
T longer term playHey guys and gals it's been a long time since I have posted an idea but I have one where the risk to reward is quite appealing, AT&T is in such a nice triangle pattern since its inception and is playing out very nicely and getting quite tight in price. On the monthly chart we see a baby triangle inside a huge triangle, what this means is we are in the loading up stage, at this exact specific time on smaller time frames we are hitting resistances and have some red candles coming in, to me this means perfect opportunity to pick up some shares as it moves downwards in the $26.50-31 range, little by little add shares on dips. This is also a nice 7% paying dividend stock so for each quarter you will be paid to hold this stock. Target for this stock would be at $38 and then $43 if it breaks out, with such a huge pattern, the breakout can be very strong, remember this stock is in a triangle pattern so it can move downwards as well, stops would be under $26 and the move can be epic to the downside as well, so keep an eye on this sucker but I'll be loading up in my dividend portfolio. This $10+ move to the upside can take a year or more to complete so the dividend will be a nice reward for holding that long. Have a great weekend everyone, Cheers!
NYSE:TLong
by Vickk
BTC really BULL? Here's how BTC can prove it...Many people, myself included, made a lot of money when the market exploded last year. Ever since that 20000 high we have seen nothing but a long term falling trend... low peak after low peak with a definite downtrend. This correction was inevitable with how explosive the market became and with the boom largely in the rear view we are starting to see a return to the mean. Now the question a lot of us are asking is 'WILL THE CURRENT TREND' hold? The reversal we saw early this month with a $1000+ increase on the daily could be seen as inflating the price on the short term, causing FOMO and general hysteria around a potential long term change in the trend. For the bears who are seeing shorting opportunities it also looks to have great potential for a quick and sudden death back to 7600. For both of these parties there are two upcoming price points that will need to be watched carefully in order to determine direction. TWO tests in order to declare a BULL market: Battle Royale at 10,000 - This is not only a psychological barrier to surpass. After the $1000 surge this month we have extended out a bearish arm reaching at the previous peaks in our downward trend. We crossed above the median downward trend a few days ago, with many traders calling an end to the bear market. However, this is not enough to satisfy the hunger of BTC... We must establish a peak price point above the median and hold it for confirmation. Even if a retrace and rebound occurs this would still indicate that the trend has been broken. It would signify that the historical support of $10000 is still valid and will serve as a jumping point to our next test... Stairway to Heaven 12,000 - The unforgiving nature of Bitcoin is now widely known for it's ability to ascend and descend price barriers rapidly. In order to push the market in a long term trend upwards there must be a response from the larger bear market. This not only includes the casual investor or third world integration, this needs to include institutional and consumer based liquidity. With the price $8000+ we are finally seeing an end to miner profitability jeopardy, an increase in interest from the media, and regulators are starting to take crypto seriously. If our end-goal is consumer and institutional acceptance we need to knock down the three walls: Government, Corporate Entities, Trust in Bitcoin. With a $12,000+ price we can see a media frenzy surrounding Bitcoin's improvements and newfound scale-ability; a FOMO storm will occur that will put late 2017 to shame. This will bring institutions capitalizing of the boom and Government to crack down on them. Trust in Bitcoin cannot change overnight and will only come with more time when the general public becomes more educated on cryptocurrencies. The $12,000 price is also a historical support that served as the launching point of the $20000 surge. If either of these tests should fail, we could see this "reversal" turn into the largest bull trap/short squeeze that Bitcoin has ever seen.
BITFINEX:BTCUSD
by bra1nch1ld
2
SILVER LONGTERM HOLD 4.29.16Hey guys. Thought I would give you another post before I return to treatment. Anyways, I am featuring a commodity which I haven't done yet so I don't know how many of you will be interested but regardless, let's get into the trade. This is one of the best setups I have seen in a while. Silver has a reputation of sticking to trendlines religiously which I am very thankful for. You can't really see from my chart here (I implore you to look at this idea on your own chart) but silver has just currently broken through a trendline that's been holding for the past few years or so. You can also see on the 4h chart that once it was broken the market stalled for a bit signaling the market acknowledges it. From there , we have moved up to the cyan retracement which the market will surely struggle getting over. In the even it does, if this leg is over, we could expect to see a retracement to in between the two red lines. If it continues to climb, we should by this time be ready to retrace to the dotted blue line. Just my analysis. I am hoping that someone will gain something from this idea but this is mostly a time capsule for when I return. Good luck and happy trading!
FX_IDC:XAGUSDLong
by thesmallerone