Shares
US30: sticky situationAnd so, the index dropped rather sharply to the level of 35510 and began to consolidate. This is not a very good sign, as there is a possibility of further fall. But since the price approached this level on long candlesticks, this probability of a breakout on the move decreases. A bounce up to 35880 should be expected for a test of the high.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
THE GREAT CRASH IS COMING! This Fractal Pattern Tells Us Why!Hello friends! It's been a while. Many apologies for that. Life has been busy so I haven't been able to dedicate much time to T.A on TradingView.
I have recently pulled out of Crypto, just waiting to see if Bitcoin decides to break-through or crash. Patience is key here - keep cash handy. You want to be sure of your investments (easier said than done in these very strange financial times).
I have been researching the U.S Economy lately. How is it that in that there is no correlation between the workforce economy and the stock market?
The U.S have recently averted default (when you're unable to make a repayment) by once again - lifting the debt ceiling to 28.9 trillion US dollars (yes, that is correct). This situation, better known as Cockroach Motel is a game that has never been played to this extent before. Keep avoiding a recession by printing your way out of it. Negative consequences? Yes. Many.
Here is a dump of my notes and why the US isn't in as good as a position as you may believe:
✓ Uncontrollable Inflation due to the U.S's printed economy.
✓ Debt highly leveraged across all trading firms.
✓ Feds left with no further tools due to 0% interest rates.
✓ Commercial property vacancies increasing.
✓ Energy shortage crisis in Europe and China.
✓ Rising expenses, declining incomes.
✓ Gas and oil prices at an all time high in Europe.
✓ Commodity prices at highs not seen since 2011.
✓ Irresponsible government spending and federal policies. (Yes, the Biden Administrations 'Build Back Better' agenda is a little too pricey for their current situation)
✓ Evergrande and Fantasia Holdings on the brink of bankruptcy in China.
✓ 2008 GFC was the housing bubble crash. Every asset is currently in a bubble. We are in a debt crisis.
✓ 40% of the money in the US economy has been printed in the last 12 months - now more. Feds have printed their way out of the 2008 and 2020 COVID-19 recession and made the debt bubble larger.
✓ Effective Federal Funds Rate is down to 0.8% - cheap money.
✓ Post 2008 recovery is an ongoing untried experience.
✓ Market is currently parabolic, as seen in 1929 crash which results in 90% drop.
✓ Wealth gap is increasing due to printed money. Asset prices increase as yearly salary stagnates/decreases due to inflation. This makes the rich richer and the middle class and poor poorer.
✓ No correlation between the economy and the stock market. Money is staying in the investor market.
✓ Velocity of money is plummeting. People are not spending. The Chinese economy is growing while we are stuck with a massive debt.
✓ Saving going up and spending going down. Debt/GDB ratio is extremely high.
✓ Huge underemployment.
✓ Massive social unrest. Fed and treasury haven't invested in the working class.
✓ Superannuation is going to crash which will force many to convert their portfolio to liquid money.
✓ Armed the Taliban in Afghanistan. Weapons will be used against our only ally, Israel.
✓ Yallan and Powell work for the Fed and treasury which is essentially a communist organisation.
✓ Bullish Gold, Silver and BTC
✓ Michael Burry and Robert Kyosaki predicts crash of 90% and American financial system collapse
✓ The US Government is inviting inflation with its MMT tinged policies, brisk debt/GDP ratio, M2 increases while retail sales, PMI stage V recovery. Trillions more stimulus and reopening to boost demand as employee and supply chain costs skyrocket
✓ Consumer price index reaching all time highs.
✓ Biggest speculative market of all time - Robinhood generation
✓ Real-estate is currently experiencing hyperinflation.
Back to the Chart:
I found a fractal pattern from the 2008 GFC which is quite similar to this crash. I wouldn't compare it to the Dot Com bubble as that was far more speculative. This crash is similar due to greed - the belief that the economy will never crash and just continue in the upwards direction despite increasing debt at levels never seen before.
Enjoy this fractal and better yet, enjoy the rest of your day.
Love, peace, Seb.
EXPR - Bottoms UP!EXPR putting in a bottom and finding strong price support at this level from earlier this year. Also catching two significant long-term trend lines.
Price holding/testing this range for the last 3-days = bullish
Indicators oversold/turning back up. MACD bullish cross on deck.
Adding to shares.
Not financial advice.
Short 🔴 Price will go Down, Bulls will Buy LossShort 🔴 Price will go Down, Bulls will Buy Loss
SVM (Support Vector Machine) forecasts BTC/USDT dump.
AI predicts traders will try to buy the dip.
A liquidation snowball effect could create a fast & volatile crash.
After the shakeout, the new ATH later this year isn't excluded.
CAMBER ENERGY CEICAMBER ENERGY (CEI)
30 MINUTE TIME FRAME
LONG POSSITION
CAMBER TO THE MOOOOOOON !!!!!
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If you have any questions please feel free to leave a comment below or send me a direct message.
SolarFX
Smart side hustle that is proven to workI normally don't make such videos but for whatever reason, I just wanted to share with you guys about the side hustle that i learnt of one of my LATE Granddad. Buy Low, Sell high. Buy some cheap Stocks at a low price and forget about it. 10, 15 years down the line, you will thank yourself.
Can Netflix find TP today❓🎯Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Stock ideas is something I'll be covering more going forward.
Can Netflix find the TP target today? We'll see.
Previous trades shown on chart for reference.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Taking Assignment (IRA): MJ SharesComments: Although the shares haven't appeared in my account yet, they will be there by Monday, since MJ finished sub-18.00 at expiry.
These started out as August 17th 18 short puts (See Post Below), for which I received a .49/contract credit, so my cost basis in the shares will be the strike price (18.00) minus the credit received (.49) or 17.51/share. Next week, I will proceed to sell calls against my shares, looking to reduce cost basis further. I'll have some work to do, since my cost basis is 17.51 versus 15.95 (where it closed Friday), so the trade is currently 17.51 - 15.95 "in the red" (1.56/contract).
ATOMOSI have been building a position on this one for a while now a bit after the covid crash and its been trending well with a bit of volatility bouncing around this trend.
We are heading into an EQ level right now after a fairly impulsive move this week so expecting price to pull back a little before continuing up again.
Keeping a close eye on the Supply block from just before the Covid drop as an over all target for now but if the trend continues with momentum and we move into price discovery then could be exciting
Bullish on the business in the video content creation world in general
KOTAK MAHINDRA BANK AS ON 04.08.2021A GOOD ANTICIPATORY BUY CALL COMING FROM MACD AND EMA !!
Volume is high compared to last 5 days!!
can make A HIGH OF 3-5%
STOP LOSS= GO WITH TRAILING STOP LOSS !!
Can check this stock for next 2 days for PROFIT!!
(ONLY FOR STUDY PURPOSE DO NOT IT AS ANY BUY OR SELL CALL)
zynga at 200 EMAi love when companys are at the 200 ema (the white line) usally ts a great buying opp. ive been a buyer of zynga since 3.00 dollars. i love what they do. i love the apps they came out with. alot of diversity and they buy up a lot of companys. they've got a lot of cash on hand witch is always a good thing.