Look what the chart says.NSE:TATACONSUM [/symbol
Selling is better option seen in the chart we can see this stock to fall up to 270 levels in this market crash which most of people expecting.
hold it with tight stop loss.
Stockmarketcrash
COIN Coinbase: Where Is It Headed?Hello friends, today you can review the technical analysis on a 1D linear scale chart for Coinbase Global, Inc. (COIN), a stock traded on the Nasdaq exchange.
Please review the chart as it is self explanatory. The overall pattern is a bearish one so there is concern for potential downside.
Also noted in the chart: Volume, Support and Resistance Lines, RSI (relative strength index), MACD, and Fibonacci Retracement.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Have you read my recent Bitcoin chart and analysis on finding the bottom. See below:
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
VIX Feels Like a Smoldering Volcano 🌋 Post-2020 Parabolic MoveThe consolidation pattern in the $VIX goes back to June 2020 after the initial COVID flash-crash scenario.
From June '21 to November '21, you started to see a bottoming formation turning into a new uptrend , subtle as might've been. The uptrend has chopped around in this rising channel since the end of 2021 up until the recent false breakdown during August 2022.
This head fake has allowed the $VIX to retake the bottom of the channel and continue up and up after every headline the market fears. Despite the approach of overbought levels, the bear market rally on Wednesday, September 28 gave volatility room to run.
It appears probable a consolidation pattern around 36-38 will level off the relative strength as of late, occurring for the month of October when the market could stage a short-term rally. Coincidentally, this will set up the $VIX right into the midterm elections...
To be clear, sirens won't start popping off on $SPY $QQQ and $DIA until a decisive, sustained move over 36.79 occurs. If that happens, a move to 47.20 seems like a no-brainer.
Notably, that is a test of the top of the rising channel , confirming 2 technical scenarios with the midterm elections as the catalyst for the next leg.
Keep your head on a swivel and keep an eye on the volatility of $VIX $TLT and $DXY for directional signposts in the broader market. Also, it's important to remember Jerome Powell and other Fed officials, Russian tensions, Europe energy or monetary headlines, and CPI could all eliminate this hypothesis.
$DOWI #US30 Watch This Level For A Possible BounceTraders and Investors,
With the dollar strength the indices have been taking a beating. US30, US500 and US100 have been following the same pattern but the leading one is still Dow Jones (US30).
So far:
1. It has crossed the 200 sma on the weekly timeframe so a bounce/retest is expected at some point.
2. There is an FCP zone coming around round number 29000 which can act as support
3. An extended M FCP pattern is forming and will complete around the FCP zone.
So watch this area closely to find a confirmation to go long for a bounce.
Please support this analysis by liking and sharing. 👍🙂
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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✅ Follow me for future ideas, trade set ups and the updates of this analysis
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Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Spy is now going to retest 320 now that 380 level has broken.FED doesn't speak again till nov first and second.
They can't drag this bad market up now.
September 7th to 14th they were not doing QT but buying according to their balance sheet.
Every end of the month they start unloading.
macd flipping on weekly for spy and QQQ
Watch for earnings in October to destroy this( Fed ex showed us the way)
DCA Points if going long are at 320, 275, 226, according to fibs.
Watch capitulation around 100 monthly moving average on spy (will be around 300 by November)
What am I doing?
Long position on SQQQ
DCAing on stock market at those points outlined within reason.
$SPX downhill without brakesFear inside Wall Street
The CNN Business Fear & Greed Index, which measures seven gauges of market sentiment, is once again showing signs of Fear on Tuesday as the broader market plunged. The VIX, a volatility index that is one of the seven components of the Fear & Greed Index, shot up nearly 8%.
The Fear & Greed index was in Fear mode a week ago as well but it had recently moved back into Neutral territory following a 4-day winning streak for stocks.
That streak is coming to a spectacular end thanks to the hotter than hoped for consumer price index report, as investors worry that the Federal Reserve is going to raise rates even more aggressively next week to fight persistent inflationary trends.
Wall Street's mood has largely tracked the rapidly changing expectations regarding inflation and rate hikes. Just a month ago, before Fed chair Jerome Powell gave a speech that suggested more big rate increases were coming, the Fear & Greed Index was indicating levels of Greed, a sign of complacency.
How Far Will The Indices' Correction Go?My original analysis of the S&P began on the daily chart but I'm gonna use the 4-Hour chart to better illustrate my point.
On the daily chart, a demand level was formed during the mid-part of July. I marked out a specific point but that whole breakout area can be considered underlying support.
What I see here is that we are still in a major uptrend, despite what has happened these past few months. In this case, however, I still think that the corrective downmove still has some room to run. With that being said, if price is able to clear out this current supply zone (4000-4075), then I see price getting up to the 4160-4200 area. This may be the more likely scenario since daily demand appears to be in control. However, if weakness occurs at the present level (which is a possibility since we're hitting supply), then I don't see any significant demand coming into the market until we hit the 2900 area.
Conclusion: From a long-term perspective, this is a wait-and-see type of deal. For the short-term trader, there are many opportunities to be found whichever direction prices move. One opportunity I see is a long at 4020.
es bearish bias looking for lower pricees broke down from bear flag and is week on news will continue to be cautiously bearish I think we can see sub 3900 this week leave a like and follow if you enjoy
High probability of a Nasdaq index crash I'm expecting a retest of the covid-lows by the end of the year due to technical indicators and macro factors, such as: Inflation, rising interest rates, tensions with china, and recession. Volatility is likely to increase throughout the remainder of the year.
Nifty Levels & Strategy for 30/08/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
Global cues are quite negative. FIIs sold in cash as well as F&O contracts by -6000 plus crores. Today also Dow Jones and Nasdaq are trading in red. India VIX has jumped up by 8.83%. Crude started boiling again. US Dollar & US 10Y bond yields are maintaining at quite high level.
Shall continue to look for sell on rise opportunities till global market sentiments remains negative?
Please do share your comments. Have a happy, healthy & profitable day ahead!
The Resemblance is Far Too UncannyThis chart is rather simply mocked up. However the resemblance of how the last 7 years before the 2001 stock market crash and the last 7 years leading up to the 2021 stock market crash were rather uncanny to say the least.
Even more so, almost to the day/week how the patterns have resembled the exact formation of the 2001 cycle almost to the exact percentages.
Anyone who believes that history repeats it self, or more or less has a similar Rhythm to the past, or is just curious to see if the next 440 play out in a similar pattern to what I believe will be a new low. Please save this post and give it a boost so that others get a chance to benefit from it in the same way you did.
Thanks
FEDEX SHORT (FDX SHORT) :(Hello,
I have explained many things about the recession in my idea about the world crisis of 2023. And other articles such as the OIL SHORT, or THE BITCOIN CRASH (I will leave all these ideas linked.)
But here I want to delve deeper into supply chains.
I'm here again to show you a SHORT idea against FedEx , that company that is in the middle of all the orders in the world. What would we do without transportation chains?
They are always in the middle of "customers", "retailers", manufacturers" and "suppliers". Transport chains like FedEx are very necessary, since without them the orders could not be transported.
Now the words: "customers", "retailers", manufacturers" and "suppliers". Sounds me as a special effect, THE BULLWHIP EFFECT.
You know, the BULLWHIP EFFECT, as the name suggests: "bullwhip", with a small change in the "whip", could cause devastating effects in the "whiplash".
I recommend to search on Google about the Bullwhip Effect, there are nice videos on YouTube.
The bullwhip effect in demand forecasting arises when each channel member forecasts demand based on information derived from the ordering patterns of an immediate inferior member.
It basically consists in that consumer demand does not present significant fluctuations, while inventories reveal important changes, showing a decrease or excess in stock levels. If, in the different links of the supply chain, they do not handle constant and true information on their inventories and consumer demand for their products, the bullwhip effect gains strength, generating an excess of safety stock, which, as is known, radically increases the cost. , the end product.
What are the causes of this effect?
Lack of information between suppliers and intermediate buyers.
Management without order in production orders, generating volatility in shipments.
Possible periods without demand for the goods.
Possibilities of obtaining wholesale discounts (Which generates time problems).
Inflated or strategic orders. (Taking advantage of market conditions).
Supply uncertainty. It can generate unnecessary orders.
This effect is so devastating that it is very difficult to detect it really, but it is more difficult to detect it if we are in a "SLUMPFLATION"...
I was not amused when the media said that the crisis would not yet come. OBVIOUSLY I don't want any crisis. What I don't want is for the crisis to be worse. They always make the same mistake, they hide the real data and say that the recession hasn't arrived yet. But in a few months the recession was sooner than expected.
What is in the middle of all the BULLWHIP EFFECT?
- Answer: "Transport Chains"
Actually the transport chains will also be affected, just put on some music in a dark room, close your eyes, and think about it. Don't let your money foolishly burn!
Bubble within bubble within bubble within bubble within bubble within bubble... SPLASH!
I do not have much to add. You just need to do a little research on the internet, DON'T TRUST ANYONE, NOT THE FED, NOR THE PRESIDENT, NOR THE INTERNET, NOR DO YOU TRUST ME.
You can only trust yourself and your research that you have done.
I AM NOT A FINANCIAL ADVISOR AND PLEASE SEARCH THE INFORMATION ON YOUR OWN, BEFORE MAKING ANY DECISION. YOU AND YOU ONLY ARE RESPONSIBLE FOR YOUR INVESTMENTS AND IN NO WAY WILL I BE RESPONSIBLE IF YOU USE THIS IDEA THAT I AM SHARING HERE.
Thank you very much for reading this article and not closing it like others.
Have a nice day,
Esiquiel.
Today the Nasdaq closed inside the longer term ban. Oct 2008!Closing inside the ban the market can drop 15-20% fast as it did in 2008. Be careful, this is a very bearish sign for next week.
TIME TO SELL RGC STOCK$RGC rally now looks exhausting, price begins to lose momentum and RSI indicates that stock is overbought and needs re-evaluation.
AMZN - Update#AMZN - Amazon held above 102 this morning before trying to bottom. 60m chart on most major tickers here forming a bear flag more or less. Once we break out we can see more direction. I markets close near bottom AMZN should break sub 100 tomorrow.
#MarketAnalysis #Marketupdate #watchlist
mos bear flag breaking the bear flag should between 47.5 and 44.6 where we could continue the bull trend due to the fundamental increase in fertilizer prices as we saw last market crash in 2008 this made highs of 162.89
NVDA BOUNCE OR BREAK?!nvda just rejected critical prior support seemingly turning it to resistance after making another lower low do we bounce off demand or break and make a move towards the next demand
Vixen ready for some lovin' - VIXCup and handle to 55 minimum by June which means stock market meltdown just about ready to start. Get popcorn ready.
aapl weekly chart bounce or break?aapl at inflection point of support/resistance on the chart after creating a weekly higher low will it confirm old resistance as support and bounce or breakdown and make new lows so i am looking for it to hold the 50 ema on the weekly for any possibility for upside if we break that and are trendline support drawn on the chart i will have downside pts at 145 and 138 max pain at 116 (if this abc elliott wave pattern plays out we can see a 1,2,3,4,5 down to are pts) this is a heavy weight stock in spy so check out my analysis on that for context
AMZN Back to 1300, Nasdaq Back to 7000Back at the end of 2018, I made an attempt to call a longer term bear market for big tech. Linked below are some of those posts. I was new to markets, and all I did was look at the chart. Even back then, the charts for Apple and Amazon looked ridiculous, but now it's undeniable that they've seen parabolic growth. This is the AMZN chart zoomed further in, where you can see how I was dead wrong at the end of 2018, as the money printer and QE kicked in again, taking the market to new highs shortly before the pandemic hit. Then, the pandemic hit and the Fed exhausted the last of its firepower. Will they save the market again?
Above, I marked the 1600 and 1300 levels as areas of support, should the current level fail. Also shown on my Amazon chart is the long term uptrend, which has now been broken and confirmed as resistance. I expect markets to fall back to pre-stimulus levels, as the 2021 rally was largely "fake." Even though some of these companies may continue to remain profitable, I think some disappointing earnings will start to trickle in, signaling a depressing outlook for growth in the near future. Take Netflix, for example. It's already getting closer to testing some of those earlier levels. Perhaps it's a "canary in the coal mine" situation.
What's especially concerning is that even companies that have exceeded expectations (like Tesla) cannot sustain a rally. Look at that earnings pump and dump:
This implies that market participants are exiting regardless, and booking profits after many years of easy economic policy. Now here's something truly hilarious. Elon Musk and Bill Gates claim to be shorting each other's companies! What happens in this scenario? They both still profit. Billionaires are just playing games.
Here are some levels marked for Tesla. If Elon continues to innovate and do well, TSLA may not drop quite as much as some others, but that's still a lot of profit on the table. He's even sold some of his own shares himself:
And Microsoft:
Why Would the Fed Just Let It Happen?
The easiest way to fix inflation is perhaps to just simply let things unwind. As big corporations lose profits, smaller businesses close, and people lose their jobs, their homes...a big financial crunch occurs that shocks the living daylights out of our systems. New solutions will need to be found, some of which may seem obvious, such as taxing the wealthy and corporations much more heavily. Some we haven't even dreamt of yet. Here's a speculation: Community living becomes more desirable, and new small businesses will need to emerge to tailer to those communities. A world owned by corporations already causes pressure on communities and small businesses, where your boss is forced into implementing oppressive working conditions to stay afloat. All the while, your next door neighbor begins trading Dogecoin and digital images to finally have a glimpse at paying off his debt or buying a home. It's an escape into a black void that consumes your soul, and the soul of society.
Ready for the collapse?
Let's see what happens.
This is meant for speculation and entertainment only.
-Victor Cobra
The Bears Come For Google Well, well, well, this is precisely what I was talking about in my post about big tech. This is just a short post, showing some levels. These overheated stocks are finally getting a taste of profit-taking. Netflix managed to actually break below its 200 week moving average. If Google does the same, another 50%+ drop is possible. On the conservative side, Google can simply head towards the 200 MA and bounce. However, I really think there are some people sitting on enormous profits that have yet to start realizing those gains. Let's see! Will GOOGLE tank another 50-80% from here?
I am of the general opinion that markets will need to return to pre-COVID levels (at best) in order to correct current inflation, and in order for the economy to begin sorting itself out with significant policy change. This is because the market has largely been propped up due to money printing and QE.
This is meant for speculation and entertainment only, not financial advice.
-Victor Cobra
Comparing DOT COM Bubble of 2000 to the EVERYTHING Bubble 2022This bubble is beginning to become more and more similar to the dot com Y2K boom and bust... Look when the monthly RSI peaked in the dot come era it peaked in 1996 and we had hidden bearish RSI divergence. It took 4 years for the price to reach a peak meaning price continued to trend up but RSI was trending down. Look at what is happening now... We peaked on monthly RSI in 2018 and it has been four years exactly once again... By this logic we could see a monthly downtrend and confirmed multi year bear market sometime around October of 2022. I also overlayed the bust fractal from the dot com days when we entered a bear market and we even respected it perfectly and we are forming a monthly lower high. I think selling pressure will begin around the summertime and really pick up into the fall. Are you hedging? Is your portfolio prepared? This isn't to create fear this is just relaying what the charts are saying. This isn't a guarantee but its too close to ignore.
