Volatility Weekly Movements Stock, Crypto & Others16-20 MayExpected movements for 16-20 May 2022
SPY/SPX
Current volatility expected for the next week is going to be around 4.52%
So in this case for SPY with almost 90% accuracy the next top and bottom are going to be:
TOP 420
BOT 383
At the same time for SPX/ES with almost 90% accuracy as well, we have the next top and bottom
TOP 4200
BOT 3840
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QQQ/NDX
Current volatility expected for the next week is going to be around 5.57%
So in this case for QQQ with almost 85% accuracy the next top and bottom are going to be:
TOP 318.75
BOT 285
At the same time for NDX/NQ with almost 85% accuracy as well, we have the next top and bottom
TOP 13100
BOT 11700
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DIA/ Dow Jones
Current volatility expected for the next week is going to be around 3.36%
So in this case for DIA with almost 90% accuracy the next top and bottom are going to be:
TOP 330
BOT 311
At the same time for MYM/YM with almost 90% accuracy as well, we have the next top and bottom
TOP 33200
BOT 31000
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Apple
Current volatility expected for the next week is going to be around 5.76%, however we are going to imply 7.2%
So in this case for Apple with almost 90% accuracy the next top and bottom are going to be:
TOP 157.7
BOT 136.5
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Amazon
Current volatility expected for the next week is going to be around 7.46%, however we are going to imply 9.3%
So in this case for Amazon with almost 80% accuracy the next top and bottom are going to be:
TOP 2471
BOT 2050
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Google
Current volatility expected for the next week is going to be around 6.01%, however we are going to imply 7.51%
So in this case for Google with almost 90% accuracy the next top and bottom are going to be:
TOP 2495
BOT 2145
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Russel 2000/ IWM
Current volatility expected for the next week is going to be around 5.22%, however we are going to imply 6.51%
So in this case for Google with almost 95% accuracy the next top and bottom are going to be:
TOP 189.6
BOT 166.44
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IBM
Current volatility expected for the next week is going to be around 4.29%, however we are going to imply 4.29%
So in this case for IBM with almost 85% accuracy the next top and bottom are going to be:
TOP 139.3
BOT 127.87
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BITCOIN
Current volatility expected for the next week is going to be around 13.82%, however we are going to imply 15%
So in this case for BITCOIN with almost 95% accuracy the next top and bottom are going to be:
TOP 34450
BOT 25500
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GOLD
Current volatility expected for the next week is going to be around 2.17%, however we are going to imply 3.25%
So in this case for GOLD with almost 80% accuracy the next top and bottom are going to be:
TOP 1870
BOT 1750
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EURUSD
Current volatility expected for the next week is going to be around 1.6%, however we are going to imply 1.89%
So in this case for EURUSD with almost 80% accuracy the next top and bottom are going to be:
TOP 1.061
BOT 1.021
IBM trade ideas
Iron Condor IBM 13 May 2022IBM 13 May 2022
The current implied volatility is at 32.77%/year
So that converted into daily is 2.06%
Since we are in need of the open price for the highest accuracy, I am going to take the current price
which is 133.7 (you can also wait for the opening price and take +- 2.75 points from the open candle value)
So based on that our channel for today is going to be compressed with a probability chance of 90% within
TOP 136.5
BOT 131
From fundamental point, today we have no big volatility news that can impact our asset.
At the same time the current values are expected to be sidemarket/bullish.
Expected Key Points IBM 12 May 2022IBM 12 May 2022
The current implied volatility is at 35.63%/year
So that converted into daily is 2.24%
The close of yesterday was 130.75
So based on that our channel for today is going to be compressed within
TOP 133.68
BOT 127.8
with a probability chance of 81.6% based on the last 3007 candles
From fundamental point, today we have
PPI and initial jobless claims releases and these mark a huge volatility moment
At the same time the current values are expected to be bearish.
IBM...Holding up like a champ!In the recent meltdown of the NDX, IBM has held up quite well. IBM has taken a longggg time to right its ship, but many signs point to success at last! The street reaction in recent days is telling...while tech was being annihilated, IBM stood its ground reasonably well.
One could expect the naysayers of recent years to be taking note and looking to add.
IBM Q4 earningsIBM (IBM) reported Q4 December 2021 earnings of $3.35 per share on revenue of $16.7 billion. The consensus earnings estimate was $3.39 per share on revenue of $17.6 billion. "We increased revenue in the fourth quarter with hybrid cloud adoption driving growth in software and consulting," said Arvind Krishna, IBM CEO. "Our fourth-quarter results give us confidence in our ability to deliver our objectives of sustained mid-single digit revenue growth and strong free cash flow in 2022". On November 3, 2021, IBM completed the separation of Kyndryl. Here's important levels on the 1 day chart:
P/E = 20.29
EPS = $3.35
Div/Yld = 5.09
52 week high = $152.84
52 week low = $114.56
SMA200 = $132.08
SMA150 = $130.39
SMA100 = $127.87
SMA50 = $126.01
breakout = $145.04
R3 = $142.36
R2 = $139.67
R1 = $136.99
pivot = $134.30
S1 = $131.61
S2 = $128.93
S3 = $126.24
breakdown = $123.56
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
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Trading View app!, Brokerage UI
Accurate indicators & settings
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Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
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pi RSI - trend momentum
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IBM: Another Value Turnaround?International Business Machines has been in a downtrend for almost a decade, but now it could be showing signs of a turn.
The main pattern on today’s chart is the bullish gap following the last quarterly report on April 19. IBM has retraced almost all the jump but remains higher despite a big drop in the broader market at the same time.
The rally established prices above the 50-day simple moving average (SMA). That’s something of a feat that only nine members of the Technology Select Sector SPDR ETF managed to achieve yesterday, according to TradeStation data. (XLK’s portfolio includes 70+ companies.)
Speaking of the 50-day SMA, it’s rising toward the 200-day SMA. Is a “golden cross” coming soon?
Third, the stock’s long decline has produced a falling trendline that IBM has battled since June. Will the current strength result in a breakout through the downtrend?
Finally, consider that IBM jumped last month because management is finally shifting more of its revenue to cloud services. In that way, it may have potential as a “value turnaround,” similar to Oracle a year ago.
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IBM announced dividend increases this weekInternational Business Machines Corporation is paying out a larger dividend than last year.
IBM Institute for Business Value (IBV) in cooperation with Celonis and Oxford Economics, surveyed almost 500 CSCOs across 10 industries including banking, consumer products, manufacturing and automotive. The study findings indicate that organizations are searching for ways to modernize their supply chains by embracing data and hybrid cloud strategies as well as prioritizing sustainability.
"The Confluence of post-COVID-19 challenges, inflation and supply issues, security, and sustainability has led to the most complex operating environment in modern business. This has forced organizations to rethink and rebuild their supply chains to be more agile, efficient, and sustainable," said Jonathan Wright, Managing Partner, Finance and Supply Chain Transformation, IBM Consulting. "Technology and data-fueled automation and intelligence are key to not only evaluating current workflows and inefficiencies, but in identifying new opportunities as well."
Sustainability over profit.
IBM FORCAST- on the weekly chart :the price strongly rejecting the level
- on the daily chart : even when it broke a good reen candle , we can notice a big attack from the seller that made that wick on the top with a confirmation red candle that the price will fall again
- personal opinion : the price got a chance of 80% of going down but not before doing a little fluctuation on the level
- best move : you can sell now if you want , but it'll be better to wait until today's candle to form
High risk setup for IBM long. IBMShort term outlook only.
Goals 130, 133. Invalidation at 181.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
IBM: bearish MACD crossover!MACD bearish crossover applicable.
Crossed below its 200-day sma.
Crossed below some major support.
Below 131.25 supports a bearish trend.
Crossing above this level will negate the bearish trend.
Downside price momentum supports the bearish trend.
RSI leaves enough room for further downside price potential.
IBM 3000+ Day Downtrend Breaking?$IBM #IBM has been in a HTF downtrend since 2013...3311 days.
Currently retesting trendline and forming a right shoulder of inverse HnS. Weekly close above 145 and PT would be 199.
nPOCs at 169, 180, 197.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. Never use just 1 indicator for confirmation.
7. Set Perimeters and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Price Action greater than Indicators/Fractals/MAs
10. Horizontals greater than Diagonals
Please Note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
IBM winding up for a pop I know my idea is simple and your welcome to check it with your own indicators but I propose that this stock is preparing for a torrential uptrend which will finally end a multi year downtrend. The reason is because the price is finding itself bound up within a tighter and tighter trading range over the past year. And with pressure must come release. Sure, we could see a break to the downside but fundamentally it just wouldn't make sense. The free cash flows are great and that's what investors look for when examining companies. This horse is gonna run! 🏇
IBM AnalysisA bearish idea for IBM , showing a potential drop below the major trendline that has been established
it can be compared to a point in the past where price also went under the major trendline (in red) and took a steep drop
I'm not sure how far it could drop but under the major trendline we will consider it bearish for traders
IBM may be setting up a bear break. "IB who"?
Posting some IBM analysis mostly to remind you that up until 2011 IBM was the king of the stocks. IBM was most certainly "Going nowhere". And IBM are still in business - but the stock went somewhere. For those who think holding stocks that are industry leaders is risk free, I'd recommend you look up the top 20 stocks of 50 years ago and see how many of them are still performing today. Being in it for the long run does not give default success - over time, things cycle out of their bullish patterns and things that have been bullish for decades can be bearish for decades.
IBM Forecast and OutlookMonthly View
IBM is operating in a type of bull pennant on the monthly chart that has been building up since March of 2013.
I would have liked to see this break out, but unfortunately, owning to the current market circumstances, its probably not going to happen in the near future.
Tech is being hit hard with this current bear market and IBM has managed to retain an admirable amount of strength. But I think the market is catching up to it and we will see a, at least for the short term, bearishness.
Technical supports are charted in purple. The levels are:
1. 118
2. 112
3. 106
4. 101
Will it reach all of these levels? I am not actually sure, but I do anticipate some, at least short term, bearishness.
We have a flat top bearish candle formation on heikin ashi on the monthly chart as well which, looking at IBM historically, generally means at least another month of continuation downwards.
I was previously in a swing trade long position on IBM until I looked at the monthly chart. I closed out today for a small win because I anticipate IBM selling off.
I am not shorting it though.
I am bullish on IBM, I am just acknowledging the market and the chart.
As always, not financial advice.
Trade safe and feel free to leave your comments, thoughts, criticisms, etc. :)
Take care!