For all you Gold Bugs. Follow my research. Gold is going to rally to $2133 in fairly short order. Silver should follow along. Once Gold gets above previous highs, watch for the hype to really pick up speed as traders realize the upside potential. The inflation levels in commodities and other assets will raise risks related to consumer and other credit/debt...
Gold wants to rally above $2100. My research suggests $2133 is the target for this breakout - possibly higher. My longer-term research suggests Gold will rally well above $3700 over the next 4+ years. I follow the bigger market cycles and trade the intermediate trends within the bigger cycles. Don't get caught up trying to trade the mini-trends. Follow the...
Bitcoin will break downward, possibly moving to near $36k, before attempting to find support. My custom research shows the Global/US markets are contracting as the world prepares for the US Fed to burst inflation. Bitcoin is tracking global assets, which have been declining since February 2021, and my research suggests Bitcoin will fall lower. My expectation is...
My analysis shows the global and US markets are contracting HARD. Be prepared for the NQ to fall to the lower GREEN price channel before finding any real support. I focus on longer-term analysis, broad market cycles, and technical analysis. This move is just starting and the US Fed is attempting to burst the asset price bubble. Stay protective related to your...
China, Europe, Asia, Africa could see a -10% to -22% collapse over the next 60+ days if consumers shift assets away from risks associated with the current COVID & debt/credit issues plaguing foreign markets. China, in particular, could be on the cusp of a "Great Recession". This could drive other foreign markets deeper into trouble in early 2022. My opinion is...
This could be a big move in the Cannabis sector with a very broad Pennant/Flag formation setting up. Great opportunity for another Reddit/Retail rally with the pending cannabis legislation being discussed and a strong technical price pattern confirming a potential breakout move. Are you ready for another big rally in the cannabis sector?
If you have not been paying attention, get ready for some real volatility and big rotations/reversions in the markets. It is time to put on your BIG BOY/GIRL pants because the markets just exited a simple upside trend bias and entered CHAOS with a new downtrend setting up. If you don't know what to do, then you better start paying attention. This downtrend...
This Custom Index helps to gauge market peaks (above 12~13 usually) and bottoms (below 7~8 usually). When this Custom Index hovers above 10~11, the market tends to trend higher with volatility event ranging from 7% to 11% in price breakdowns. The fact that this indicator has broken a historic standard deviation channel because of COVID and quickly regained price...
For all you Diamond Hands, get ready for some more downward price action. China's actions to stop mining, transactions, transfers and other Bitcoin/Crypto activity will likely move into other Asian/European nations as well. The IRS is now starting to require reporting of Crypto transactions over $10k. Guess what that means, the part is over. The enthusiasm...
Boy, this chart look like fun. After a 100% measured advance, Bitcoin is collapsing. I'm sure I'll hear from the regulars because I'm not a Bitcoin/Crypto fan - but from a technical standpoint - wasn't this rally fun? Now, that Bitcoin has collapsed, and may continue lower, are you going to chase this all the way down? The rally was great for everyone who loves...
A Depreciation phase of the US stock market started in mid-2018. The current rally in the US stock market is an EXCESS PHASE rally (very similar to the Gold price rally from 2009 to 2011 where the real Gold price appreciation phase ended in 2009, but the peak in price didn't happen until 2011). It took until 2013 (over 4 years after the true end of the...
If you follow my research, you'll already know I do more longer term research. I believe the next 2 to 3 months could see Bitcoin collapse to levels near $6000 or $4050 as the US/global markets breakdown on Q2 global economic data. Be prepared. This could be a BIG BREAKDOWN.
Are you ready for some really wild price action? Take a look at 2008 and compare that price action to what is happening right now. My research suggests we have reached a peak and should begin a broader downside market move ending in 2021 or 2022. Be prepared. This is not the ultimate bottom in the markets and the 2021 to 2022 bottom will not be the ultimate...
The financial sector is sending a huge warning to all skilled technical traders. You think this big rally in the NQ, ES, YM and other is really the bottom of the market? The stock market is based on perceived forward earnings, guidance and performance of individual stocks/companies. The COVID-19 virus event has blown a huge hole in the bottom of our boat. 40+...
Pay attention. Multiple Fibonacci price amplitude arcs are setting up for what could be a massive downside price correction. This could be as big as 15 to 25% or more. We'll have to see how this sets up - but I believe a large price rotation is setting up and I believe it could be tied to a fresh round of defaults across the globe related to early 2020 debt...
This GREEN Fibonacci Price Amplitude arc is a massive resistance channel. It should not take long to learn if the market is going to rotated after reaching this peak. Plan your trades and protect your investments. Could get ugly very soon.
Gold has continued to trail within my proprietary Fibonacci Price Amplitude Arc levels as I have drawn them months ago. The upside potential for Gold is incredible. I've predicted levels well above $3750 in the future and I stand by those predictions. As some people have pointed out, my expectations that a downside market rotation would happen between sometime...
The recent stock market really is purely speculative in nature - like a massive short squeeze. The true valuation of this move is far weaker than the Sept 2018 peak. This type of rally is very similar to the DOT COM rally peak where enthusiasm drove investors to pour good money into the markets thinking "it would never end". Pay attention to how Gold, Silver,...