GerardWalker

GerardWalker

As the title suggests, we've seen this confluence of risks before: the re-emergence of Mpox, U.S. war preparations driving up inflation with pressure on oil, worsening earnings, mass layoffs, weak consumer spending, and AI disrupting the market recovery. Technical standpoint: can't get more text book than this, 78.6% retracement of the corrective rally, memba...

GerardWalker

BTC has failed to break 70k on the 3rd attempt bounces has become weaker and weaker

GerardWalker

Charts looking very similar this year, reclaim of previous ATH, consolidation above and pump. I think #BTC will deliver something of the same We can go so much higher Lets all BULLIEVE

GerardWalker

ending diagonal marks the end of the cycle expect overthrow to occur by March 2024 with subsequent continuation of the bear market Bottom somewhere in Oct 2025

GerardWalker

Double bottom back to single digits by 2025 dont @ me.

GerardWalker

Technical retest of the macro downtrend channel. Expecting long sideways price action downwards to complete the explanding diagonal wave 3, though wave 5 will be very extended. Time to buy puts

GerardWalker

After giving the markets time to develop itself , price appears to be channeling in the macro-aspect of things. Which only suggest a complex correction in play(WXY), I am anticipating a scam wick towards 40k-mid 40k to take out the remaining liquidity above, followed by a gradual and steady decline of price into sub digits( back to 2020 lows). price is in a no...

GerardWalker

Title is self explanatory The pump to new historical highs and hyperinflationary supernova seems likely before the imminent collapse Enjoy this pump you nasty bulls. Good long at these levels with the target above the yearly high Cheers

GerardWalker

Pretty self explanatory Long at current levels with TP at the 50% fibo then flip short with an aggressive stop on the aforementioned level Happy trading!

GerardWalker

I wont even bother explaining why We are headed into a great depression that will dwarf all the so called recessions we had the 90 year secular bull market has ended and we are in the early phase of a bearish supercycle from an elliot wave standpoint possibly a leading broadening wedge for wave (A) of the initial Double zig zag correction towards the...

GerardWalker Updated 

Best risk/reward ratio here Open puts as bulls go all in on ze green candles Tight stoploss above wave (C) point DUMP it on earnings you have been warned

GerardWalker

This is what degenerate permabulls keep saying However if you really zoom out Price has been hovering below the 200 Daily EMA since last year , a clear indication of a Bear Market It had 2 fake outs since then to trap permabulls who's lives by the motto "UP ONLY" The market structure hasn't changed, the NUKE is programmed Worse case scenario for bears would be...

GerardWalker

Title is self explanatory after the greatest period of economic expansion ever recorded in history There will be the greatest economic contraction ever recorded in history ITS OVER BRACE FOR IMPACT

GerardWalker

As mentioned in the title this morning, unemployment claims exceeded expectations 220k Claims vs 225K actual. This is bad news, but then we are in a bear market so this causes stocks to rally. This should provide us an opportunity to load on PUTS as we range inside this triangle wave X. Accumulate puts up to low 4000's with a aggressive stop above wave C...

GerardWalker

Realistic target in this Nuke would be 1100-1000 for SP500 Target date By Summer 2023 Get them scuba suits ready Sorry i dont make the rules

GerardWalker

Looks like the termination of wave ii corrective rally is here. Good to start scaling in your shorts here for ES since the probability of going down is increasingly high. Critical levels marked. Historic lows in 3 months incoming

GerardWalker Updated 

Price is at optimal trade entry zone Divergence forming at resistance area Expanding diagonal wave 4 completed Extended wave 5 of the Expanding diagonal pending Dump next week coinciding with several possible black swan events(china invasion?) PUTS PUTS PUTS

GerardWalker

Annotations in the chart. Expecting price to move sideways and down until the end of August in which will probably coincide with the invasion of taiwan Bear market rally will follow in the form of wave C of IV . Rally will look impulsive to trap usual retail fomo traders and WSB degenerates.. Then big NUKE by Oct- November