I believe contrary to common thought; TVC:VIX is chartable with definitive patterns it follows. The pattern in question? Basic double bottom consolidation phases followed by breakouts bull flags retest of the bull flag bottom and follow through from there. We are currently breaking out of 2 double bottom patterns on the chart; one double bottom is the...
AMEX:SPY is basically at every metric for being over-extended. From the Shiller PE ratio surpassing the all time highs to the buffet indicator at al time highs, take your pick, they all say the same thing. The Chart's trend is dying and the sell offs have been the initial weakness warning signs that retail traders are missing big time rn. Smart money is clearly...
If the recent mass layoffs and stock buy backs in the tech industry have not been a good indicator for you yet let this chart serve as one: NASDAQ:TQQQ is going down and it will be swift and soon. The triple qs is not only extremely extended but volume for the overall index is currently falling off a cliff, suggesting there is much lower buying interest than it...
NASDAQ:NVDA the company imo is one of the best to own and if your plan is to hold it for the next approx 25+ years none of what Im about to say applies to you and you should keep it moving. For the rest of us looking for short term profits this stock is done. The RSI and MAc d and volume indicators are all turning from near all time highs and the masses are...
TVC:DXY is headed for an e Supercycle that will rival what BTC has gone on over the past 5 years. USDXY’s chart from 1985 to today is the exact same pattern in BTC from 2016 to 2020 with a long double bottom a breakout retest and now the explosive impulsive move upward is left for DXY. The bull flag looks very strong on the chart and considering the length of the...