Get started

VXX

spx 12-14 [morning update]good morning 👽 --- everyone is excited today, this is the big day which everyone's been waiting for! the rate announcement owo. right? --- the stage is perfectly set imo, beautifully orchestrated by the puppet master who runs this show. to put into the minds of the exploitable that we're simply going to go up the same way that we did yesterday. --- but there's a dark twist to the story, whatever jpow's gotta say is priced in. it's nothing new, we all know what he's gonna say - so a capitulation phase is expected, to raid the lows, to kill every single call which expires on friday followed by a grind up into the end of this year into the $4300 range. --- not financial advice homies, just my unique perspective \ opinion on the market. --- --- ✌
CME_MINI:ES1!
by Eloquent
Es 12-13 [evening update].good evening owo. --- few words before i share my thoughts. the market is a very complex instrument - there's never a sure path as it is completely controlled by human emotion, and complicated algorithms. we as traders must adapt to the ever-changing market conditions, or else we risk getting left behind (simple as that). there's a dozen different paths the market can take at any given moment, but it generally takes the path of mass destruction. >what i mean by this, is the market doesn't care about bulls nor bears - it'll simply do whatever it takes to suck away all of their money, collectively. --- that being said, i think a lot of people are very bearish overly pessimistic, terrified, and not expecting higher prices at this time. a very small portion of the market understands the lunar cycles, let alone what a "mercury retrograde is \ how it impacts the global markets". >not gonna give you an astrological lesson here - but you can keep an eye out for my videos where i dive deep into these topics sometimes. today's sharp rejection scared the last of the bull bro's, and has sent the bear bro's into full euphoria. what i think comes next, is an unexpected occurrence - a pure melt up phase to roughly $4300 which will make a very significant peak in this market for at least 30 days after it is reached. --- if you saw my video this morning, you know what my stance on the market is - and this is a slightly modified look to that particular idea as of today's price action. --- not financial advice, be very careful in the days ahead. ☝ 💰 👇 --- ✌
CME_MINI:ES1!
by Eloquent
$VXX looks like it's about to explode higherSo far the selloff has been pretty orderly the entire year and trying to play volatility hasn't worked. I think that's about to change. $VXX has been consolidating in these two channels and looks like it's about to explode higher. If we can see $VXX get above $21 or so, I think we're about to see a huge move in $VXX. Similar to what we saw in March 2020. I've marked off key levels of resistance on the upside. Let's see if it plays out over the coming weeks.
AMEX:VXXLong
by benjihyam
3
es 11-30 update 🗝good evening my peoples, --- it was exactly 22 days ago when i gave you that 4130 level. lot of bears ignored my post, and got squeezed out today for a significant loss. i pour this aapl juice out for you, my dearest bear frens. --- as of today, i'm starting to entertain the possibility of es seeing yet again, Another expansion. sounds kinda wild i know, but that's what happens when everyone tries to short the market. the guys who run this game just keep running it up ---> whilst taking all the hard earned bear money. >once the last bear falls, >they know it because they see it, >and when they see it , >they drop the market. --- 4130 Could be the top, don't discount it. it is a significant algorithmic resistance which was programmed to get hit over a month ago. here's the key though, if you've read this far: watch how the market pulls back from 4130. 🗝does it come down in 3 waves? if so, expect higher prices. 🗝does it come down in 5 waves? if so, you caught the top. --- og target = $4130 expansion target = $4225.25 ---
CME_MINI:ES1!
by Eloquent
3
es 11-28 update ~good evening, quick update to one of the two bear cases i posted over the weekend. (post pinned at the bottom of this thread). --- es1! has been tapping at the local golden zone quite a few times recently, each poke results in a weaker dip which continues to get absorbed (accumulation). there's no notable bearish divergence present for now, in fact, we printed a hidden bullish divergence near the end of today - which validates in my mind that we're going to go higher. --- >watching 3910 as a local bottom into wednesday, >which is a heavy area of demand + a window of algorithmic confluence. >upside target from there sits at the original 4130 level, >with a slight chance to expand to 4190 if things get heated into the end of this year (short squeeze). --- ps. it's also possible that we've topped, but i personally have reason to believe that we haven't (for now). --- posts which led to this one 👇
CME_MINI:ES1!
by Eloquent
Spx500 Bear Case #2 [Primary]This is the second bear case, and it just so happens to be my primary scenario on the US Stock market . Just wanted to get the simple counts out of the way, before sharing this one. --- Using the expanding diagonal fractal for the first wave from ath, it's possible the spx500 is only in "wave a" on this local move up (of a larger a-b-c) this is currently the scenario i'm personally leaning towards. let me explain why: -lines up with my dxy projection. -insider buys, are about to flip insider sells. -retail short interest is at record high levels. -retail is usually wrong. -so how do we get retail out, while still dropping the market? 1 word. chop. ------ If the market chops for another 3-6+ months, every last bear standing will get absolutely rekt. And only after-which, once the short interest disappears, and the last put expires worthless- will the markets see the final cataclysmic collapse. --------- Stay safe, and don't go into a trade without a plan. 🔺 Ps. i recently called the expanding diagonal fractal out, and it ended up front running my target, which was kinda unexpected. I understand why it did as of now, and it was an important lesson for the future. check out that post via: 🔺
CME_MINI:ES1!
by Eloquent
Russel2000 Bear Case.Good evening, This post is part of a series of requests i recently received. The request was: "What is your bearish projection on the US stonk market". --- The russel2000, if I'm not mistaken - has thousands of small-cap stocks within it, here's my bearish projection for it. --- My estimated top for the russel2000 = $1876 ~ $2392 High probability target = $2036 --- My estimated bottom on this one is roughly between $1527 ~ $1163 High probability target = $1324 🔺
CME_MINI:RTY1!
by Eloquent
Nasdaq Bear Case.Good evening, This post is part of a series of requests i recently received. The request was: "What is your bearish projection on the US stonk market". --- Well, this right here is my primary bear case for the Nasdaq. Keep in mind, this is just a single bear case from my perspective; there's always many different potential outcomes, and it's my duty to discover them, and share them with you - the trader. >Just because you are seeing this picture here today, does not mean this is what will happen . --- Tuesday November 29th 2022 ~ December 21st 2022 = my calculated top for the Nasdaq. Estimated to sit between $13,016 ~ $15,308. High probability target = $13,697. ps. if money rotates, or a proper catalyst appears, nasdaq could squeeze up to some of the higher targets on my chart to create a regular or expanded flat. --- Friday May 12th 2023 ~ Tuesday October 24th 2023 = my calculated bottom. Estimated to sit between $9449 ~ $7361. High probability target = $8085. --- 🔺
CME_MINI:NQ1!
by Eloquent
nasdaq to 20k?!good evening, --- consider this post somewhat fictional for now, created more for entertainment purposes, but i want you to know that there are some serious data points which i'm going to bring up to build the case that the stock market has found a long term bottom. --- ~our monthly indicator is finally oversold for the first time since 2009 market low and is on the verge of crossing bullish. ~nasdaq is backtesting the monthly ichimoku cloud. ~0.382 cycle wave 4 target hit through a very complex correction . ~the monthly rsi has confirmed a hidden bear. ~the us dollar found a top and is headed down to about 80 bucks over this next year. ~us10y, topped out. ~fed might run out of money if they continue to press the markets. ~fear is at all time high. ~retail short positions are at all time high. ~and i'm buying everything. --- the cycle w5 target on nasdaq sits at $20,000 and we could be in the early stages of beginning that ascension. --- ps. take my words with a total grain of salt, as i could be very much dreaming here. ps2. in my last big nasdaq post, i called the top, but was early by a few months. it also went a bit higher, so if i adjust the target with the current data, we have reached the 4th wave target successfully. ✌
TVC:NDQLong
by Eloquent
2
nasdaq 11-21 ~ good afternoon, here's what the nasdaq looks like from a bullish perspective. --- local dip to backtest local downtrend, in confluence with the local 50~88% retrace of the big pop from the other day. i'm labeling this dip as the second 1-2 within what looks to me like a bullish nest . --- if i'm right about the nest, we will see tech take off big time over the next few weeks, bigger than any of us are currently expecting. --- not financial advice, take my art with a grain of salt.
CME_MINI:NQ1!Long
by Eloquent
Big move in VXX brewingWhat we have here is a very LOOONG pennant on VXX. We already had the breakout back in September and since then have created a whole pennant for the retest of the breakout. From how things look now, the apex of the smaller pennant is due to breakout no later than November 22. The yellow rectangles are gaps within the price action. The retest has a gap to be filled and the breakout target is RIGHT at the gap fill of the second from bottom gap. Breakout target for VXX is $27.30 Combine this chart with what I just recently shared on SPY, shows there are darker days ahead.
AMEX:VXXLong
by Pavley
how deep does the rabbit hole go?this was a question which echoed through my mind these last few weeks. ---- my primary idea has us going down, and very hard, pure capitulation. ---- there's been a lot of excitement on this bear rally >notice how i call it a bear rally >cause that's all this truly is in my honest opinion. a lot of people think things are back to "normal", but normal is long behind us. ---- this idea can be invalidated if price pushes through 4320~4360 with conviction. 🌌
CME_MINI:ES1!Short
by Eloquent
7
spx500, end of year (bullish) projection{this is not my primary count} --- good evening, this is a bullish interpration of what comes next. putting on my bullish sweater tonight, just for the sake of the argument. ---- so many people are bearish right now, like more than i ever imagined. you know what happens when this many people are short? a face ripping short squeeze takes place, which marks up the price to unreasonable heights for seemingly no reason. ---- new years target = $4530
CME_MINI:ES1!
by Eloquent
3
spx 9-14 update ~good morning, es ended up rejecting my 4170 level almost to the penny yesterday. pretty nice move down, but not really big enough for the bears to take back control. --- im going to be looking for a grindy suckers rally over the next few days, before another flush comes and takes es down to about 3750. from there i'm theorizing that spx will squeeze to 4500 into late november \ early december. this rally will be mostly short squeezes, and theta bang - to eliminate as many bearish positions as possible (before the real drop comes). ✌
CME_MINI:ES1!
by Eloquent
14