MysteriousPersian

MysteriousPersian

From a Technical standpoint, there looks to be a significant traceback now. Large volume signaling short covering and a renewed interest in this stock now that it has reached somewhat fair value. Of course, be weary trading this stock as it is possible it is also worth nothing. But considering STZ still has its sizeable share, i see this stock bouncing up a bit...

MysteriousPersian

Yield curve has been very inverted for the last couple of months. This is the strongest signal for a recession compared to the fake out that happened in 2022. Strap on to your trousers there is more bear market to come most likely for pretty much everything. Short big run ups and stocks that are highly overvalued and there will be a continued correction for many names.

MysteriousPersian

Everything in the diagram and the title. Solid consolidation offers good trading opportunities on the breakout~breakdown. Bias is still downward.

MysteriousPersian

The short-term downtrend with the overall macro setting being bearish makes a strong case for continued short. targets in green.

MysteriousPersian Updated 

Maintained short here.Considering velocity and overall market sentiment, a retest of previous lows is very realistic. Looking to take bulk profits between 0.06-0.08. After a classic double top formed after rallying 300% from daddy Elon's announcement to accept doge as currency on Twitter, a return to normal is more than likely. Trade with caution however as...

MysteriousPersian Updated 

Double spikes show signs of short-term exhaustion. classic bull trap move. Looks like we're in tow for another left downward. Prepare your bags for shorts.

MysteriousPersian

Two scenarios, red arrow outlines the bear outcome, green arrow for the bullish outcome. In the current graph forms, the bullish outcome has 80% chance of happening in my opinion. trade with caution it is very volatile

MysteriousPersian

There is a steep drop coming for a lot of stocks. The crash is only starting and there will be a deep depression (it would be great for it not to happen but it looks inevitable now). The only thing you can do is to be aware of it and be ready. Now is not yet the time to be buying large amounts of stocks.

MysteriousPersian Updated 

looking back on some ideas I posted over a year ago. Among the highlights, are almost exactly as predicted. BA will be nice for the picking when it actually bottoms out in another year or so.

MysteriousPersian Updated 

Trade according to the scenario at hand. The full breakdown did not happen as I initially thought. There seems to be a lot of hesitation in the bear camp as shown by the sustained uptrend here. The latest uptrend happens to be within an ascending triangle so we will wait for confirmation on either end before trading a direction. This has turned from a dead cat...

MysteriousPersian Updated 

Looking for a short setup once again as many major cryptos have made significant rallies to reverse short-term losses. MANA is one that has rallied over 100%. Looking short here as it looks to retest previous lows

MysteriousPersian Updated 

Buy at your own risk but there is a massive dead cat bounce incoming. After more than a 98% drop from all time highs and the highest treading volume ever, the snapback here is going to be substantial. very short term long

MysteriousPersian Updated 

Super top forming after mega bull run. Time to pull profits and go short. Big tumble awaits this coin after such a run up: the bigger they get, the harder they fall

MysteriousPersian Updated 

the more often the price action tests a resistance or support level, the more chance that level has of being broken -sun tzu

MysteriousPersian Updated 

If the SPX would break down under this level, there would be a significant correction that would ensue. Many catalysts or in place for it to happen. Long-term investors should be wary still of entering at these levels. The market remains drastically overbought despite the recent correction.

MysteriousPersian Updated 

UVXY shown here is an ETF of the VIX and it is leveraged, which means its dip under the current trend is insignificant and mostly due to beta slippage. The VIX itself is still trending up and volatility is increasing at an alarming rate. Buyers beware, the winds are changing in the bear's favor and a deepened correction in the major indexes is HIGHLY likely

MysteriousPersian Updated 

Looks like an inevitable push lower on all fronts, with small coins showing the same signs of weakness, it should be expected that new intermediate lows will be made in the short term

MysteriousPersian Updated 

This is a very telling sign that the current short term trend has switched sides. Bears are in control now from a technical analysis standpoint. From a theoretical standpoint, very simply put, the central banks will have to start pumping the brakes on quantitative easing unless they want inflation running out of control: it is already much higher than the metrics...