Don't let the nay-sayers confuse you. The ES is headed higher. Probably towards 2675 before finding any resistance. The RED Fibonacci arc is leading price as SUPPORT and has proven to be a valid driver of upside price action. At this point, just ahead of earnings, I feel the US markets are poised for a surprise rally that will push a massive short squeeze into...
Be prepared. Bitcoin is poised to make another move lower on price divergence. This move could result in a price level below $3000 (or lower). Don't fall for the comments that Bitcoin will turn bullish anytime soon. The dynamics of the Crypto market has to change before any new bullish rally will begin.
I've been calling this move for months. The washout low rotation in the US stock market is indicative of a deleveraging event tied to global capital exiting traditional (technology and small cap) investments. I called this rotation back in Sept 2018. The question now becomes... will this capital flush back into the US equities markets or will it migrated to...
Pay attention to this chart because I can't stress enough how important it is to understand price boundaries and ranges. This chart is a measurement of price elasticity in relation to the VIX and historically has shown that any price decrease where this Index falls to below $3.50 is, typically, a setup of a major price bottom. At this point, I urge all traders...
This, my custom Global Market Cap Index, is showing very good signs of a market bottom setting up. We still have to wait for this bottom to confirm, but the early indications are that this move lower just before Christmas was likely a "washout" low price rotation that will prompt a decent price bottom setup. I've been searching through my charts and my other...
My predictive analysis models are suggesting this week will be setting up for a major bottom reversal pattern in the US equities markets. My custom Smart Money index is showing signs of divergence that agree with this analysis. My suggestion would be for skilled traders to continue to hunt for bottoms before the end of this year and prepare for a massive upside...
I thought it would be fun to post something to illustrate how my predictive modeling systems can help to identify and predict future price swings/sizes and opportunities. This AMZN chart shows predictive modeling targets and dates going out about 30 days. This model was generated by one of my most advanced modeling tools. It maps the technical and price DNA of...
My Fibonacci Time/Price research is suggesting a major inflection point is currently setting up in the US markets that may prompt a massive bottom formation. Multiple Fibonacci levels are pointing to a support level near 2600 in the ES and my weekly analysis suggests that a major bottom reversal may happen over the next 3+ weeks with the markets rallying +450...
Watch out below. BTCUSD will likely continue to fall within the RED price channels attempting to find support. My guess is that $2900 will act as moderate support over the next 30~90 days. Below that level, $2200~2300 will be the next level lower. After that, we might as well hang it all up because below the $2000 level, we could see BTCUSD fall all the way...
My original prediction, still drawn on this chart with the BLACK ARROW, was not too far off, just a bit early. My analysis suggested that without any real upside advancement, BTCUSD would fall to near the $4300 level before finding real support. Where will BTCUSD head now? Up or down? Will investors find this new price level advantageous and dive in with fresh...
Is the current market rally similar in structure and scope to the 1994~2000 market price rally? I'm beginning to wonder if the current US equity market may be more aligned with the 1994~2000 technology run in the US equity markets vs. what many analysts are predicting (doom and gloom). All it takes for one to consider the alternative of a massive price advance...
My analysis suggests that the Technology Sector is set for a massive upside price advance in the near future. My other analysis suggests the US stock market could begin another massive upside move as well. I believe the Technology sector has been push dramatically lower by fear and missed earnings data in relation to the recent Q3 earnings cycle. I believe many...
Based on my analysis, if the ES closes above 2790 this week or next, actually if it breaks that heavy magenta arc on my chart, we could see a massive upside price rally unfold very quickly. These price arcs are what I call "Tesla Vibrational Theory" studies. The idea for this is that every price move, large or small, equates into pure energy (energy of price). ...
I know that many of you are still doubters, but PAY ATTENTION. My analysis, on September 17, has predicted this market move lower and the bottom target near 2696 on the ES. My call at that time was that a major price bottom would setup between Oct 8th and the 12th - afterward, the markets would begin to move higher. Remember this was all predicted on SEPTEMBER...
I believe that Crude Oil is in the midst of a massive directional change with the Saudi/Iran and foreign demand issues playing a major role in pricing. I believe Iran and Saudi will continue to produce as much as possible over the next few years as capital requirements demand that cash is more important than oil and this may drive oil prices below $56~58 ppb very...
Want to have a little fun, pull up a monthly or quarterly chart on TradingView of the QQQ and go back to this chart to see how this price channel is setting up as THE KEY to future price moves and support for the US equities markets. Who would have thought that going all the way back, almost 15 years, to find key price levels/channels would have been so...
If Bitcoin can't hold above the 6850 level, in my opinion, it is all over. In technical terms, we call this a "washout high". This is where price reaches an apex, fakes a move to one side (washing out all the shorts and baiting the longs), then fails to gain any momentum and ROLLS OVER. Pay attention to the BLUE LINE on this chart. If BitCoin fails to hold...
With the global markets in some level of crisis mode and the focus turned away from Cryptos, I strongly believe any price move below 6165 in Bitcoin could be very dangerous. I know all of the Crypto-bulls are going to keep writing me about "whales" and all that, but please understand that Cryptos have not proven to be all that and more as the promise had been...