


Incogniteaux
Like everything else. I'm calling May 18-20 for completion.
Honestly. If the volume can diminish like this and every other support of the market can fail, what in the holy hell is it that's keeping this thing up?
Some people like to trade on this, others just use it as a measure of market sentiment. I know it responds to different things than normal securities, but what does this chart say to you? RSI and that trendline tell me we might be in for another rush of volatility.
Oil's likely looking for another drop from here. I don't know how it could possibly get lower than zero, but the chart is indicating they might be taping $20 bills to the sides of the barrels to try to get it to move sometime soon.
After all the talk of how irrational the markets have been I decided to try and figure out what signals there are for another leg down. There are signs of it, but when? Hard to say. Saw this, though. Would love opinions.
We know what's coming. Just a matter of time. Looks like this may be the beginning, but the markets can stay irrational for as long as they want, I suppose.
It looks like it's fair to say that the rally has hit a major obstacle. We're a little ways away from prior supports, so the likelihood of going further down is high so far as I can see.
I'm seeing something like this tomorrow. Don't have perfect reasons why, but just want to make a note of it.
Everything hinging on 176.56 where there is very strong support. There is very little to say that the price is not headed downward, but how far below 176.56 will it go? Will it stay there? Would love other opinions. Thought this was interesting when I discovered it. I don't trade TSLA so anything informative anyone has to say about it (preferably cold diagnostic...
A lot of you folks on here are very advanced are may already be familiar with Cu's ability to predict market movements. I wanted to point this out for folks who might not be privy to what Cu can indicate. I drew the trendline of support in this graph months ago before the current crash we're experiencing and it's held true. Support has become resistance, as per...
Said it before and I'll say it again. Hold onto your hats. And your shorts.
Or maybe not, but it seems I may have been. The descending megaphone pattern is considered bullish. That's what I thought was happening, but I just noticed we're actually in a channel. Definitely not bullish. Discuss.
Oil=kaput Employment=kaput Consumer spending=kaput Economy generally= kaput Copper=kaput commercial shipping=kaput Stonk Market? TO the MOOOOOOOOONNNN!!!!!!! So WTF? I don't know. This just looks like super-heavy market manipulation ahead of another huge crash. Call me crazy. If I'm wrong, I'm wrong. But how would I be? Where's all the money supposed to come...
I noticed this broadening wedge/megaphone pattern that's developed. I'm not sure if the time frame is appropriate for this pattern, but this is considered a bullish pattern. Before it continues we may see a drop of the SPX500 down to about 1955, indicated with the red arrow. I'm not convinced this is exactly what will happen. We could certainly break through...
This could kind of go either way. There is a steady uptrend, of course, but there's also a downward channel (turquoise) that's been established. I'd say to trust the upward channel unless there's some kind of cataclysmic event like an earthquake, or an asteroid, or something like that. We should be fine.
But seriously, consumers aren't going to see this money until may. A lot of this is going to go to workers. This will have no effect on the natural decline of the market from inactivity. Money isn't going to save lives and everyone knows that, so the panic hasn't been averted. This will continue downward until real progress has been made.
Why is anyone buying into this market?
That last one looks more like a stegosaurus, but still...this is about as foreboding a chart signal as there is. Eminis being negative 200 pts is about as bad, paired with this. Hold on to your hats