I think this Microsoft earnings report is going to be pretty important because of how it's past reports have affected the FAANG gang in 2020. Specifically, the report announced in Q3 2020 started a pretty nasty sequence of tech selloffs that week. It's tough going first, but it is much tougher going second if the lead off is shaky. This is the reason why Nividia...
Hawaiian Holdings is poised to post an absolutely abysmal report this afternoon. It seems that even when the company beats, the chart needs re-mapping due to volcanic activity (rather, the lack their of). I mean, I wouldn't do any work if I was HQ'd in Hawaii either. If the company misses as my research suggests they might, then what we have here is known as a...
I can't believe it. The Dow futures registered a lower price than that of the local pivot from the prior week. Whether this leads to an almighty selloff today or not does not matter. Baby steps. -LowerPig CURRENCYCOM:US30 TVC:DJI CURRENCYCOM:US500 TVC:SPX TVC:NDX
Load it before it ignites. *Duck for cover if it closes below 1800 at any point after this post is published. To the moon. -FirstPigontheMoon TVC:GOLD TVC:SILVER OANDA:XAUUSD FX_IDC:XAUUSD
If this setup busts: a) I'd be sort of surprised b) Props to the trap-setters c) Would be a sign of extreme weakness Probability and basic charting suggests that a long position from ~32k - 50k is as good as gold. -BitPigBull BITBAY:BTCUSD BITPANDAPRO:BTCEUR BITBAY:BTCUSDT
Hammer the bear wave 3 for bags and sunshine. Possible terminal points at 1.618 and 2.618 fib extensions. - SunnythePigBear CURRENCYCOM:US30 SPCFD:SPX NDX CURRENCYCOM:US500 CURRENCYCOM:US100 DJCFD:DJI
Turns out that when you overlay the 13-Day Vortex Indicator over monthly SPX data, you get an incredibly accurate predictor of what the following month's overall direction will be after the month of a crossover. As you can see, every month where a blue-over-red cross occurs precedes a blue (green, bull) month. Vice versa applies to months following a...
If it holds this truncated ending, will be electric. -Pig NASDAQ:NDX CURRENCYCOM:US100 EURONEXT:INQQQ
The cryptocurrency landscape is about to enter a very bullish state. Many opportunities will appear over the next two weeks, and I would like to take full advantage. Aside from just buying and holding Bitcoin, Ethereum, and a few other Alt names, flipping breakouts on high volume is now becoming a very real possibility. BitTorrent is one such opportunity I see,...
This is going to be a very interesting day for equity markets. I just tied out one particular set of wave counts across all four major indices (ending diagonals/upward corrections for all), which means that we could see extremely violent selling in all corners of most markets. Or, we will not. Doesn't matter all that much because Zoom is tipping over the edge...
This type of extended Elliott Wave Pattern is known as a triple-three combination. As you can see, it is extremely complex and ends with a clear triangle. I have never seen such a complex, corrective wave sequence this clearly pronounced, nor have I seen one of such long duration (and catch the very end of it). This identification of this pattern is extremely...
Last year, a certain holiday week was founded in secret. It involves the one time during the calendar year when it is a good idea to long the bearish 3x ETFs as a speculative play, rather than a hedge. While they tried to cancel the festival this year for Covid-related reasons (money printing reasons), it seems the bearish folk are coming out to celebrate it...
Using dynamic projections that are external to the current price trend (wave, channel, etc.) and mapping those to the fib levels internal to the current price trend, at least one obvious point/range will tie out. This is a good way to get a preliminary idea of where the current trend may terminate. Whenever planning a breakout trade that seeks to enter uncharted...
While I would simply prefer a crash from here and a reasonable societal fallout, it seems there's a chance for certain members of the Nasdaq to go "parabolic," as they say. Sure, why not. Guess you gotta go up before ya go down? - South American Pig NASDAQ:AMZN NASDAQ:NDX SPCFD:SPX
Sincerely, please short this company. If you've already heard of Jumia, then you probably don't need to read any of this - just know that it is a technical sell at the moment. If you haven't heard of Jumia, then you're in for a treat. This ticker has been pumped by bulls and bears alike, sporting the title of "Amazon of Africa." Let me tell you, it is not. In...
It's trading in the 900s. It was trading at least 500 points below here post-crisis. First bear-bagger of the season has arrived. NASDAQ:TTD FWB:NDX AMEX:IWM
It's confusing and frustrating out there. Best to navigate the market storm using the map within the map, known as the Ending DiPigonal. - EDPig TVC:NDX TVC:SPX TVC:DJI GLOBALPRIME:US2000
Surprised the Alt-coins have remained so quiet on this BTC bull run. I find it weird that its only been the rather expensive 23k bitcoin so far... ...got a feeling that the alt coins are due for an almighty melt-up. Thus, I'll be taking my talents to VeChain because of the technical setup above and it is cheap af. - P-Chain BITBAY:BTCUSD BITBAY:ETHBTC ...