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Moshkelgosha

Dow Jones has the least risk..!Many believe the current correction in the market is due to uncertainty about raising the debt ceiling by October 18, 2021. Keep this in mind The Congress, Senate, and the Oval office are in democrats' control, which makes it very unlikely that they fail to do that. I believe if the same correction pattern continues, Dow Jones could go down another -2% by October 18-20! which makes it an -7% correction in total! These numbers for S&P 500 and NASDAQ 100, are 3.6% and 4.8%..! This Dow Jones regression channel should be considered valid until Dow Jones closes above or below it. Regression channel setting (close,-2- 2 stdev) I will calmly monitor this for the extra bargain in the coming days! Moshkelgosha
TVC:DJI
by Moshkelgosha
1
Possible Scenario for NASDAQ100 CorrectionMany believe the current correction in the market is due to uncertainty about raising the debt ceiling by October 18, 2021. Keep this in mind The Congress, Senate, and the Oval office are in democrats' control, which makes it very unlikely that they fail to do that. I believe if the same correction pattern continues, NASDAQ 100 could go down another -4.8% by October 18-20! which makes it an -12.1% correction in total! This NASDAQ 100 regression channel should be considered valid until NASDAQ 100 closes above or below it. Regression channel setting (close,-2- 2 stdev) I will calmly monitor this for the extra bargain in the coming days! Moshkelgosha
NASDAQ:NDX
by Moshkelgosha
3
S&P 500 and raising the debt ceiling by October 18, 2021Many believe the current correction in the market is due to uncertainty about raising the debt ceiling by October 18, 2021. Keep this in mind The Congress, Senate, and the Oval office are in democrats' control, which makes it very unlikely that they fail to do that. I believe if the same correction pattern continues, the market could go down another -3.6% by October 18-20! which makes it an -8.6% correction in total! This S&P 500 regression channel should be considered valid until S&P500 close above or below it. Regression channel setting (close,-2- 2 stdev) I will calmly monitor this for the extra bargain in the coming days! Moshkelgosha
TVC:SPX
by Moshkelgosha
3
Gold and Silver most important support and resistance levelsMoving toward 1800 is expected for gold. In these charts, you can see the most important support (green lines) and resistance (red lines) to watch in the coming days! What Is a Three Outside Up? The three outside up is three-candle reversal patterns that appear on candlestick charts. The three outside up is a bullish candlestick pattern with the following characteristics: The market is in a downtrend. The first candle is black. The second candle is white with a long real body and fully contains the first candle. The third candle is white with a higher close than the second candle Three Outside Up Trader Psychology The first candle continues the bearish trend, with the close lower than the open indicating strong selling interest while increasing bear confidence. The second candle opens lower but reverses, crossing through the opening tick in a display of bull power. This price action raises a red flag, telling bears to take profits or tighten stops because a reversal is possible. The security continues to post gains, lifting price above the range of the first candle, completing a bullish outside day candlestick. This increases bull confidence and sets off buying signals, confirmed when the security posts a new high on the third candle. Reference Article: www.investopedia.com
FX:XAUUSDLong
by Moshkelgosha
2
7 is not a lucky number for Oil..!Oil struggles to pass 77! Oil has failed to close above 77 since November 2014. This makes it very hard for oil to pass this level and it could not pass this level in the past 7 tries! Classically, tensions in the Middle East support the oil price! and it is high at this moment! Watch Oil prices closely for potential breakout..! DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
TVC:USOIL
by Moshkelgosha
4
The most important support & resistance levels in Crypto marketAfter 7 bullish weeks, the crypto market experience correction in September. In these charts, you can see the most important support (green lines) and resistance (red lines) to watch in the coming days! I will wait for the price action to these levels! The early signs of weakness are forming in the total crypto market cap and bitcoin charts. ADA: XRP: LINK: DOGE: DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
FTX:SOLUSD
by Moshkelgosha
2
Multi-Timeframe Analysis: NASDAQ 100Hourly Chart: Reverse cup and handle pattern (Bearish) Daily Chart: getting out of Bullish regression Channel and Higher-high higher-low pattern(Bearish) Weekly Chart: Closing at lower levels for 4 weeks in a row for the first time in the past 80 weeks! (Bearish) Monthly Chart: September was the Biggest monthly negative candle (-5.73%) in the past 18 months! (Bearish) Conclusion: I believe this could continue for the next 2-3 weeks and we may find a support level near 14050 level. Being patient in a market like this will pay off and provide good opportunities, however, you should not forget the best friend you have in the market is your "Stop Loss".
NASDAQ:NDXShort
by Moshkelgosha
6
Textbook example of the Head & shoulder Pattern..!What Is a Head and Shoulders Pattern? A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, where the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end. How Can I Use the Head and Shoulders Pattern to Make Trading Decisions? The most common entry point is a breakout of the neckline, with a stop above (market top) or below (market bottom) the right shoulder. The profit target is the difference between the high and low with the pattern added (market bottom) or subtracted (market top) from the breakout price. The system is not perfect, but it does provide a method of trading the markets based on logical price movements. Today is the first day that S&P 500 closed below the neckline, another wave of sell could be started today! Based on this model another 3.2% decline in the coming month of October 2021 is likely. Moshkelgosha Reference article: www.investopedia.com
TVC:SPXEducation
by Moshkelgosha
7
The worst trading month of the year finally finished..!Let's Review My posts About September 2021 before it happens: 1- August 24th, 2021: What is "witching" and why is it quadruple? Conclusion: We can use this data to find the seasonality of the market! This could help us make better decisions especially in the weeks leading to Quadruple witching. 2- September 2nd, 2021: The market does not like long weekends..! It seems in 2021, anytime we have had a long weekend, it has been followed by a correction between 1.5 - 5.5%. Another important historical data that makes it more likely is September performance! The average monthly historical return of S&P 500 between 1950-2017, shows September is the worst month of the year..!(Investopedia) I believe a 2-4% correction could be the most probable scenario in the coming week..! 3- September 8th, 2021: Breaking down a movement! 4- September 9th, 2021: Rounding Top or More correction is coming..! Last words: S&P 500 finished September with -4.76%, very close to my (-2% to 4% prediction) on September 2nd, 2021. This was the biggest monthly correction since March 2020..! Try to gather as much data as you can and use them with a neutral mindset, you will see the result! Moshkelgosha
TVC:SPXShort
by Moshkelgosha
5
-32% in the past 32 weeks!The weekly chart of ARKK could show you a very beautiful picture of what you are going to experience in the next 25-74 weeks..! As you see, ARKK could stagnate for a long time before any breakout! the last 2 stagnation period were as long as59-106 weeks! In the past 32 weeks, it has lost 32%, and its price volume decreased more than 70% from 13.4 billion a week to 4 billion! Crossing below the 50 EMA in the weekly chart should be considered a very important negative factor! Any asset could be a buy or sell opportunity at any given moment, and we should look at the opportunities, not the asset's name! Moshkelgosha
AMEX:ARKKShort
by Moshkelgosha
2
An illusion of Decentralized FinanceAn illusion is a distortion of the senses, which can reveal how the human brain normally organizes and interprets sensory stimulation. Although illusions distort our perception of reality, they are generally shared by most people. look at charts, near 100% correlation in the price pattern of Bitcoin, Etheruem, Ripple, and Solana could not be accidental nor sign of being decentralized! The center is not just the Central banks..! While people encourage others to invest in cryptocurrencies because they are not governed by central banks which print money out of thin air, they print money out of bits using blockchain technology! There are 180 current currencies across the world, as recognized by the United Nations, and more than 6000 (thousand) cryptocurrency projects in the world! You do the math, and tell me what is going to happen in the next 5-10 years! Today, Fed Chair Powell and Treasury Sec. Yellen testified in front of the oversight committee. In this meeting Fed Chair Powell said: The federal reserve has no plan to ban cryptocurrency like China, however, they are thinking about regulations and also planing for the central bank and governer-backed currency..! Now you may have a better clue to see what is coming in the future years! Moshkelgosha
BITMEX:XBT
by Moshkelgosha
1
Objective Market ReviewToday is the 19th trading day out of 20 trading days in September. At the time I am writing this article S&P 500 has lost 3.24%, NASDAQ 100 lost 4.88%, and Dow Jones has lost 2.66% of their values in September. S&P 500 has had 12 negative days and closed higher in 7 days, these numbers for NASDAQ 100 are 10 lower days vs 9 higher days and for Dow Johns is 11 and 8 days respectively. Besides that, the body of the candles in the Red days are much bigger than the green days, which clearly shows the Strength of sellers in September. 5201 stocks and depository receipts have been traded in September so far, and 3055 (58.73%) have experienced a decline in value. These numbers for the 92 companies with a +100 billion dollars market cap is 70 (76%), for the 84 companies with a 50-100 billion dollars market cap is 62 (73.8%), for the 515 companies with a 10-50 billion dollars market cap is 346 (67%), for the 1140 companies with a 2-10 billion dollars market cap is 690 (60%). let's review some posts to see why the statistical approach matters: 1- August 24th, 2021: Predicting the higher volatility in September 2- September 2nd, 2021: Predicticting 2-4% correction in September 3- Planing to benefit from the incoming correction: SPXU and its Call options Buying opportunity offered to my followers SPXU +6% and its Options +145% gain in one week! Now let's review some other profitable trades in September: 1- Sep 1st: WFC, +100% gain in its Call option in 1 day..! +2.12% Stock. 2- Sep 7, Shorting NIO at 41.38, NIO experienced -15% after that: 3- Sep 8, Shorting Amazon at 3513, AMZN went down more than 4% afterward: 4- Sep 8, Apple Short Analysis at 154.74, AAPL went down more than 6% afterward: 5- Sep 10, Microsoft short analysis at 297.2, MSFT went down more than 5% afterward: 6- Sep 10, Google short analysis at 2851, went down more than 4% afterward: 7- Sep 15, UBER long analysis at 38.5, Uber jumped more than 25% afterward: 8- Sep 26, Exxon Mobile long opportunity, XOM jumped +5% 9- Sep 26, General Motors long opportunity, +15 so far 10- Sep 24, DatChat, a Long opportunity at 11.15, Skyrocketd with +50% in one week..! To be honest, I have had faulty trades such as BABA, BYND, WISH, with -2.2%,-3.2%, -4.9%and -7.4% loss..! Best, Moshkelgosha
TVC:SPXShort
by Moshkelgosha
1
Warning Signs in Google Price Pattern1- Closing below 50 EMA for 2 consecutive days after 1 year ..! 2- Lower-High Lower -Low pattern: with higher Volume price in down Swings in comparison to positive days and crossing below an important support level. 3- closing below the Uptrend regression channel after 1 Year: 4- This will become more important when you know Google is the champion between Trillion dollar companies in the market..! 5- A breakaway gap occurs when the price gaps above a support or resistance area, like those established during a trading range. When the price breaks out of a well-established trading range via a gap, that is a breakaway gap. A breakaway gap could also occur out of another type of chart pattern, such as a triangle, wedge, cup and handle rounded bottom or top, or head and shoulders pattern. A breakaway gap occurs when the price gaps are above resistance or gaps below support. Support or resistance, in this case, is often associated with a chart pattern, such as a trading range, triangle, wedge, or other patterns. Breakaway gaps often occur early in a trend and show conviction in the new trend direction. Other gap types include runaway, exhaustion, and common gaps. Reference Article: www.investopedia.com www.investopedia.com
NASDAQ:GOOGShort
by Moshkelgosha
1
ARK invest and no plan for 2021..!This is a comparison between the so-called ARK invest flagship AMEX:ARKK and SP:SPX , TVC:NDX , TVC:DJI , and TVC:RUT . While all major indexes show a positive return in 2021, ARKK is -10% negative in 2021..! Let's look at her past performance in case a crisis happens in the market! 2008: Cathie Wood UNDERPERFORMS Category, UNDERPERFORMS T Rowe ABSRP: -45.12% (before fees) CHCIX: -48.28% PRNHX: -38.78% Growth Category: -43.77% These numbers speak..! Best Moshkelgosha
AMEX:ARKKShort
by Moshkelgosha
8
What is the most likely scenario for NVDAToday is a critical day for NVDA, closing below the bullish channel could push it another lower for another 10%..! Looking at the previous corrections of 14,17,24.5% makes this scenario very possible! We should consider AMD and NVDA will be affected by the Cryptocurrency Market situation as well..! The new restriction on mining could affect both ..! Feb 11, 2021: BITCOIN and major GPU producers, NVDA, AMD(Intermarket analysis) One of the most important hardware needed for mining processes is GPU, NVDA and AMD make the best ones! Although they have a positive correlation with Bitcoin price, during the hyperbolic phase they move at a much lower speed, unlike major miners such as RIOT and MARA which surpass Bitcoin itself. Moshkelgosha
NASDAQ:NVDA
by Moshkelgosha
2
What are the support levels for Palantir?PLTR sits at the upper border of the most important support zone: 23.60-25.75 We also have the bullish trend line in the middle of this zone. closing below 23.60 could push PLTR to the most strong level of 21.5..! I believe by mid-October we can have a better estimation of the price trend, meanwhile, we wait for the price action and sign of reversal! DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site. Moshkelgosha
NYSE:PLTR
by Moshkelgosha