This is posted for a time stamp, the mapping of price action is based on experience and technical analysis
Because commodities, money, bonds all rally on rising volatility we can see that bitcoin is cornered. It cannot go lower without expanding volatility. The dashed yellow line is the future slope of the weekly linear regression - a very powerful linear regression. For linear regression to slope downward it will need substantial price collapse, which needs...
Looks like IWM about to go off a cliff. The shorting has begun. AMEX:SPY will be last; specifically NASDAQ:NVDA and NASDAQ:SMCI and all that Ai trash that isn't earning any real money. They will be last; but when they go it'll take everything else down another 50%. And they'll finish down 95% Chart shows monthly slow-stochastic about to lose embedded....
Euro to fall under $1.00 as interest rate parity declines; this to occur by end of 2024.
Based on my Great Depression Research I think we get a market top +5% - +15% above May 2024. And crash to mean-reversion based on old 1993 - 2018 trading channels which parks us at a 200 weekly bottom of $16,000 on DJI. I am short the market until we prove otherwise. You could replace NASDAQ:NVDA and "Magnificent 7" with NEWCONNECT:RCA and US STEEL from 1929...
The yellow channel represents a rollover of the linear regression if we do not break all time highs. The top of the rollover channel was almost tapped today giving me confidence in the trade. I will remain short until either the weekly slow-stoch re-embeds above 80 or we break an all time high. If we get the roll over into the yellow-lined channel; then the...
Because it continuously fails the 9day MA; I think the 200day MA (white line) is more likely an entry. I'm cautiously bullish on NYSE:PLTR but this huge market bullrun this year makes the need for good entries ultra competitive. I would start buying NYSE:PLTR around $20 (maybe) depending on my capital availability; and I would use short credit puts below $19...
The wedge on the slow stochastic chart (yellow line) stretches out to June; BITSTAMP:BTCUSD bitcoin can easily embed (stay above 80) until June driving price much higher. (Parabolic). The solid blue/red/blue line is the daily linear regression. The dashed is the top of the weekly linear regression. Pointed out by a green arrow shows where the two crosses....
If NASDAQ:INTC intel obeys the bottom of the linear regression on this extremely low slow stochastic then it is likely to rebound from here. Some longs at $38 and $37 using options to dabble in possible upside while remaining flexible for defending the positions.
NASDAQ:QQQ continues to weaken; I am short with various entries in the yellow box. Now that NASDAQ:QQQ has established a newer "lower-low" it may rally a little; but it is overall short. As such I'll be considering $374 as the top of my new box with $368 as the likely resistance zone to press these shorts. I think we'll see a run on that resistance zone by...
I took a short at $372 using credit-calls. The thesis is that NASDAQ:QQQ has made lower highs creating high-resistance liquidity and has shown a propensity to cheese-knife down below prior swing-lows. This is a bearish run. There is a swing-low at $348 that is a possible bounce area; but I think that NASDAQ:QQQ intends to challenge the $372 zone...
I think oil will now bounce to test $94. I'm short term bullish; medium term bearish. Oil took a hard dive "low liquidity run" through the previous swing-low which was taken out. The next swing-low is $77-ish. But we are hitting 20 week MA and prior old highs at the same time. Thus the slow stochastic weekly losing embedded (was above 80 now falling below 80)...
Based on the idea of liquidity seeking; the orange box represents the 50% retracement, the top of the previous order block, and the Fair Value Gap region. I am short CL unless it breaks above the previous day's high. I'll consider a long if the setup materializes at $84.
Just reviewing some MA's which don't seem to add - up. For review, more text more text and yet more text.
Here is the roll Jetter....here (filling space) MORE FILLING SPACE JESUES
This post is a test of my thesis that I can accurately identify a banker's candle that tests market structure. The Thesis works like this: Bank trading firms need to test the market structure with specific actions on specific days that tell them what the market can tolerate and they base their plans accordingly. For instance if banker candles identify a market...
Just a pretty straight forward head and shoulders forming. Guess market doesn't like low yields after all? Time frame - probably B-wave rally ahead of next FOMC, then dump before FOMC. I'm trying to trade bear call spreads above 114 using TBT (better use of capital at $26 strike on TBT) and will sell bull put spreads at TLT near 120...probably....on TBT that's a...
I have a method of looking for pivots where #1 green arrow points to a seemingly uninteresting trendline, but that trend lined copied and moved over to the "top" of the pivot and that forms the reversal channel. It is very CONVENIENT that this trend line also happens to coincide with the 100 day Moving Average (the red line extended with red dots). The white...