SPC
ES - Into 2022At this juncture, dividing the ES / SPX / SPY into two separate and
distinct Durations will be useful.
For simplicity's sake, Settings Indicators are different for both arrays:
Short and Intermediate-Term Structures
The longer-term Structure for 2022 will be within the following Chart.
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Shorter Term we have seen extreme Volatility. - ES 140+ Tick reversal.
Many indicators collapsed as the Fed Rotation Trade ended up a One Day
Event prior to the DOW / INDU / YM losing 500 Ponts on Friday.
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Presently we see the Momentum Cloud being violated into a large
Range - which is indicated by the 4500 Trend Cloud Low to the Momentum
at ~4650.
The Overthrow Channel is Magenta in color as the Leading Ledge continues
to struggle at these Levels on Close.
SMAs are beginning to compress again and although they have not crossed, the
potential exists.
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For the prior Low @ 4492 has the probability of being exceeded, although
Price can trade down and then back up into a Sideways Range at year-end.
WIll the Operators use reduced Liqduitiy for additional Higher Entry and
Distribution... or will it create a Larger Decline.
Both are possible, to what extent - Only the Trend Cloud Breaking @ 4500
and moving to and through 4492 indicates Lower.
The Flip Side for Price is the symmetry - H & S completing its structure into
January prior to Wave 3/5 taking us lower.
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There are a number of discussion points to consider for both the Short
and Intermediate Durations. - Overall Weekly/Monthy Structures (which are
extremely Negative) / How the Fed's New Reality unfolds / Distribution Patterns /
GAMMA / DELTA -Levered Positions / Yields / DXY / Liquidity SUM / Instability /
Corruption / Failed Rotations / Precious Metals / Energy / Commods / Macro
Deterioration / Unseen Risk / Fiscal & Monetary Timeframes.
__________________________________________________________________
There is much to discuss as 2021 winds down.
Friday had the appearance of a "Hold" for Monday, indicating we could see a strong
move down for Monday as 4X Expiry squared.
Risk and VX were very loosely correlated last week, with VX underperforming to a
slight degree/amount.
ES MFI heading towards overboughtIf ES stays in the downward channel, it could actually tank again tomorrow. All other US indices look similar. HSI MFI is overbought on MFI though.
Basically if you carry any position overnight you're betting on if it breaks the channel or not. I have no idea which way it goes, lol.
SpaceChain (SPC) 250% Bullish Path MappedSpaceChain (SPCBTC) just printed a long-wick Tuesday that tested all the way down to MA200 as support.
Prices recovered and closed below the EMA200 brown line.
Today, we are seeing prices moving back above EMA100, EMA300, and also challenging EMA50 which signals bullish potential.
There can be additional correction before prices move up but any trading above MA200, which also coincides with the 0.386 Fib. extension level (now at 0.00000029) and we consider this a strong bullish setup.
The main targets are marked on the chart with magenta dashed-lines.
Namaste.
SpaceChain Continues, Next Target Mapped, Easy 90%SpaceChain (SPCBTC) continues to grow smoothly.
We have been tracking and trading this one for a while and the pair is looking good.
Right now we have the bulls/GREEN in full control with prices aiming higher.
The next target is marked at 92 satoshis (0.00000092) for an easy 90%.
We bought much, much lower around 20 satoshis but prices can surely continue to grow.
Make sure to build your own plan before you trade.
This is not financial advice.
Thanks a lot for reading.
Namaste.
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Previous charts: July 17
SpaceChain (SPC) Breaking Above EMA200... Huge Potential (#7)
June 2
SpaceChain (SPC) Breaking Above EMA200... Huge Potential (#7)I've been holding and waiting on SpaceChain (SPCBTC) for months...
This is one of the alts that I hold.
See this chart here, we now have prices moving above the EMA200 brown line.
Coincidentally, we've charted multiple pairs today where EMA200 becomes the relevant indicator for additional bullish action, you can see it by visiting my profile.
With SPCBTC now moving above this level...
If the daily candle closes above, we can easily see more growth.
This is represented on this chart by the green arrow.
Looking at past history, we can see this indicator working as resistance over and over... Since February on this chart.
Now that prices are moving above, the doors are open for BOOM GROWTH!
Let's see how it goes.
We have low volume as a continuation signal and we also have a bullish cross of EMA50 and EMA100.
I will ride the whole wave and enjoy the profits on the way up.
Just as I tell you to be patient, I had to practice extreme patience to be successful with this call.
This is not financial advice... I am highly appreciative of your continued and amazing support.
Thanks again for pushing me to, and helping me stay, remain, be... NUMBER #1.
Namaste.
SpaceChain Project OverviewAbout SpaceChain
Founded in 2017, SpaceChain is a community-based space platform that combines space and blockchain technologies to build the world’s first open-source blockchain-based satellite network, allowing users to develop and run decentralized applications in space.
The SpaceChain operating system will be available to anyone, anywhere in the world, all while remaining secure and immutable through proven blockchain cryptography. In doing so, SpaceChain’s vision is to remove barriers and allow a global community to access and collaborate in space.
Source: spacechain.com