long bitcoinpossible long on bitcoin,could be this the next big move on bitcoin ? lets see remember money management is essential
Useconomy
This is a correction in us economyfor more information see my previous analysis on S&P 500 using this link:
i think SPX is in a correction starting from red line a drew and it is like a triangle or a flat.
but it is not a simple zigzag. as i said before SPX loves to make Flats!
after all, SPX should see a wave down atleast.
happy short.
SHORT USOIL Short-TermShort Oil @ 57.8 and ride until $55.
OILD entry: pullback to 19 or breakout @ 22.5
US30 H&S on Daily Chart? Head and Shoulders could be forming at the daily chart . A lot of noise surrounding US economy. China trade war was already bad news for the currency and then Mexico talks this weekend. After bad month opening for the equities market. I will be expecting a retracement back to the neckline caused by oil rise and then short. What do you think? Is it a valid formation?
US30 SHORTAlot of fundamental aspects are in play with the US30 right now, so adding technical analysis on top of your knowledge on this indice will give you your own feel of confidence when you see the set up i have here.
Multiple confluences with the 61.8% and the 161.80% on the swing downs with the fib.
will look to see this potential move happening over the next few days.
Use a sensible trailing stop loss.
Secure the bag.
Everyday is Money day
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SPX: Progress made in 20 yearsHi Guys,
the above is to provide a rough narrative of the last 20 years. What was happening during the 2007-2008 Financial Crisis was scary. We were on the verge of a severe recession according to everybody and extreme measures had to be taken. Pump money, tighter control and let's move on. And if you look at the results IMHO CBs did an excellent job to save the System in the last 10 years.
SPX reached its top in Jan'18 (to pullback), in Oct'18 (to pullback) and Apr'19 (to pullback). Level just below 3000 points.
I don't know that to expect but remember what Powell said about pausing during the Flash Recession. That is IMHO a key word: "TO PAUSE".
Below a link to the post iro Flash Recession:
Furthermore a link to a post on how VIX has been used to trade the Bull Run since 2010:
And this should be it until next dip is bought. Lol
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Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
