Get started

Regression

Big weekend leading up to Jackson HoleWow! Markets are coming to a head fast! S&P futures have been low volume and ripe with volatility growth. Jackson Hole approaches and hedging / volatility futures have priced in movement to the downside. Bears are waking up from a long 1.5Y nap after feasting in March of 2020. China Tech sector continues to get pounded. Why is China Tech sector so important? Like the QQQ & Mega Caps led the S&P growth, so has the China's tech sector. The TVC:NI225 has been in decline since Feb as a result of several controversial decisions the Chinese Gov have made including the crack down on crypto and US listed companies. Last Friday the TVC:NI225 crossed over the 50/200MA death cross and a descending wedge breakout. Yesterdays close was the first close below the breakout line and last night the decline continued its breakout downward. This is important because of the gap that has formed between the S&P 500/QQQ/DIA and recently rejected the top of the TVC:NI225 descending wedge. I'm starting to think the bulls have ran out of steam and will continue to get pulled down by the declining Chinese tech sector and unwinding volatility into September that could put the markets into a 10-12% correction territory sooner than later.
CME_MINI:ES1!
by SPYvsGME
Looks like there is more blood to come on Bay St Hay All Traders, I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY... I'm saying there is more blood to come on Bay St. Because of looking at the daily chart and putting on my version of the RSI. Since the 11th, it has been heading down very fast, and with my version of MACD, it's still looking like it's not slowing down for at least a couple of days. And using "Linear Regression," my look back is the last 100 days and 10 days, then 10 days is heading lower of the 100 days, and I'm using Linear Regression as support and resistance.
TSX:TSX
by ADHDing_
Ethereum's Correction Already Bottomed Out? The price of ETHUSD recently corrected itself to the 23.6 per cent Fibonacci retracement level at 2466.11. The subsequent consolidation of the price action around this resistance-turned-support indicates that the correction may have already bottomed out. Even still, it should be noted that this is the first time that the price action is probing the lower limit of the regression since the beginning of the last upswing. That is why if the price manages to break down below 2466.11 decisively, the dropdown could then be extended lower towards the 38.2 per cent Fibonacci at 2321.72. More risk-averse bulls could look for a chance to enter long there, whereas less risk-averse bulls could do so around the current spot price. Once the price action manages to break out above the last swing peak at 2650.00 decisively, bulls could swap their fixed stop orders for floating TPs in order to squeeze the maximum out of the remainder of the upswing into uncharted territory.
BITSTAMP:ETHUSDLong
by Trendsharks
Bullish- Long PlayAfter consolidating in a long regression trend for quite some time, SEDG is holding within a triangle while forming an inverse head and shoulders, (orange- neckline). SEDG has earnings on 8/3' along with ENPH. Looking for a run up to ER. Both previous price targets hit (see previous chart), undoubtably a long-term play, should provide multiple good entries. Bullish PT1- $274.79 PT2- $283.67 PT3- $290+ Looks like SEDG has finally bottomed after quite a long, and in my opinion a much-needed pullback. SEDG recently was upgraded by Goldman Sachs, will be looking for long entries as there appears to be a Cup and Handle forming as well, bullish . PT1- 260.77$ PT2- $270+ (Boxes are RSI based Supply/Demand zones)
NASDAQ:SEDGLong
by jacobosiason7
4
AXS - Big PictureAXS doesn't have enough data to provide us with the best information to put a long-term analysis. But let's do our best here: As you can see the price consolidated for so long that the Bollinger Bands squeezed for a great breakout and it was amazing. it broke out too many resistance areas and the key resistance is what I put on the chart. THe pice might go back to that area for some correction, and might turn that area into support. Overall, it's a good project. Good Luck Tell me your ideas. Like and Share
by ShawnMCR
2
💣Double Head and shoulder pattern on BTC💣Still, I think that BTC needs time to start again (UP UP). What is your idea? 🧐 Bitcoin Analyze (BTCUSDT Perp) Timeframe 15min ( Short term ).📉 If you remember Symmetrical Triangle ( Post Topic: 🔥 Bitcoin is on Contracting Triangle 🔥 (Road map)🧐 ), the price was able to break it ( Down ), and now BTC is running at Range Channel (Between 37680$ and 36070$ ) for more than 2 days , after it did Pullback to the lower line of our triangle. In this area, we have a Resistance Zone . Resistance Zone includes Pitchfork's Lines + Yearly Resistance 1 ( 37678$ ) + Cluster of Fibs . Also, I found Rising Wedge Pattern ( The wedge broke down ) + Big Head and Shoulder Pattern (It has a Divergence ( MACD ) between Left shoulder with Right shoulder) + Small Head and Shoulder Pattern (It has a Divergence ( MACD ) between Left shoulder with Right shoulder). My Suggestion : we can wait for breaking our Necking lines (to down ) == Triggers Take profits for Short Positions: Take Profit 1 : 35200$ ( Small Head and Shoulder' Target )== Reward to Risk(RR) is Not Suitable ❌ Take Profit 2 : 33950$ until 33480$ ( Big Head and Shoulder's Target+Weekly Support 1 )== Reward to Risk(RR) is Well ✅ Take Profit 3 : 32500$ until 32380$ ( Support Zone )== Reward to Risk(RR) is Perfect ✅✅ Stop Loss: 37520$ ( Over Right shoulder of Small Pattern ) & 37820$ ( Over Right shoulder of Big Pattern ). Do not forget to put Stop loss for your positions (For every position you want to open) Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the 'like' button 🙏😊 & Share it with your friends, Thanks, and Trade safe. Good luck
Short
by pejman_zwin
6
📉 Bitcoin Analyze Timeframe 1h ⏰(short term) 📉Hi, I hope that u have a great day. Bitcoin Analyze ( BTCUSDT Perp ) Timeframe 1h ( Short term ).📉 If you remember Symmetrical Triangle ( Post Topic: 🔥 Bitcoin is on Contracting Triangle 🔥 (Road map)🧐 ), the price was able to break it (down), and now BTC is running at Regression Channel until complete Pullback to lower line of our triangle . In this area, we have a Resistance Zone + TRZ (Time Reversal Zone). Resistance Zone includes Pitchfork's Lines + Yearly Resistance 1 (37678$) + Cluster of Fibs + Lower line of Symmetrical Triangle . Also, I found Rising Wedge Pattern at RSI (The wedge broke down) + Hidden Divergence ( HD- ) between MACD and Price , Until NOW + Ascending Channel on MFI (Money Flow Index/This channel was broken downwards ). My Suggestion : We can find the best triggers on TRZ for opening Short Positions OR we can wait for breaking our Regression Channel (to down). Take profits for Short Positions : Take Profit 1 : 33480$ ( Weekly Support 1 ) Take Profit 2 : 32500 $ - 32380 $ ( Support Zone ) Do not forget to put Stop loss for your positions (For every position you want to open) Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the 'like' button 🙏😊 & Share it with your friends, Thanks, and Trade safe. Good luck
Short
by pejman_zwin
7
ETHEREUM - Coil or Triangle, Regression or AccumulationTo draw a fractal with most touches, ETH can be seen to be in a tight coil currently. A quick browse on TV and many publishers have been showing a horizontal top to this current pattern to form an ascending triangle. Without considering volume, if that were true then this would probably be an accumulation pattern with each successive touch weakening the upper trendline. However that is not what is happening. Each bounce has retraced just past 0.886 retracement which means price is regressive not accumulative. ETH price is certainly interesting how it coils in this way - holding a very narrow price band. Tightening price leads to explosive impulses with buyers and sellers becoming trapped and pressure building. This may be similar to the trapped price of SOW / AR - See my Wyckoff thread for details. Expecting an explosive move to the downside after price drifts sideways. Not advice.
BITSTAMP:ETHUSDShort
by dRends35
23
Major Sell Opportunity for the Upcoming WeeksThe regression trend of the past 3 years is shown with a clear tilt towards the south. If I had included a few years before, it would have been even more tilted. Currently, we are still near the upper bound despite the previous down turn, which suggests that the pattern from last year should repeat, especially that there's a strong Bollinger Band squeeze int he daily chart, which suggests an imminent major change. Also, RSI is relatively high, which means there is large room for going south. Moreover, Fibonacci time intervals coincides pretty perfectly with the 3 highlighted peaks which hit the resistance (upper green line) and rebounded heavily downwards to the other end. This time, I expect the same since it is also supported by the aesthetic analysis of the spirals. One more point to support this position: in an event of a market crash, CHF rises heavily, and since I am expecting one in the coming weeks, I also expect the move south to be as quick as indicated in the forecast panel. It is also a safer hedging strategy. In case it doesn't go all the way south, a TP around 1.215 would be a backup plan.
Short
by MontyMacht
BIG BITCOIN FALL? 🐻 ☠️Hi guys, I know most of y'all had a probably shocking week weekend (including myself). ⚠️ We saw almost a huge fall in crypto and especially Bitcoin, but should we really be concerned and worry for the future of the market? 📍 If you are a trader and not a HODLer you should always have a Plan B, both the bear and bull market can be profitable if you know how to deal with your feelings. ⚠️ As a trader you shouldn't really care about the stock and/or crypto asset itself, you should focus on making profit and know how to deal with possible chaos. 📌 In this long term regression Bitcoin's indicator we can clearly see a possible threat to lower prices (23k-25k), however the top of the channel wasn't touched and it can be hopeful statement. ⚠️ Please keep in mind that breaking 30k strong support is not as easy as it may seem BUT EVERYTHING IS POSSIBLE 🧐 But how can we understand if this support is breakable or not?
BNC:BLXShort
by C_EWAVE13
6