alonso141

alonso141

Extremely likely scenario I am trading with a 10x margin.. breaking out of a falling wedge. Stoch RSI looks bullish with lower highs on the weekly. Even if BTC stays flat, I see this playing out.

alonso141

6-10% correction from current levels within a 1-2 week period. Below 260, I say we will easily retest the March lows.

alonso141

Tomorrow and Friday will tell us everything about where the stock market is headed.

alonso141

Short at 268. Take profits at 253. Will then probably rally up a bit to 257 and then back down.

alonso141

Be patient and add some puts within the triangle.

alonso141

If, we are indeed in a bear market, I believe the Buy Zone on SPY is 210, 200 (2100 & 2000 on SPX chart) being the lowest around April, May or even June, and we will see either a sideways market after that or a slow but steady bull rally back up to All Time High levels. I believe that the fundamentals also back up the fact that we have not completed the correction...

alonso141

With the uncertainty in the markets, people will flock to Gold. Very nice set up here.

alonso141

This is my prediction for 2019. I made a good amount of money shorting from the all time high, but have been squeezed out since that epic 12/24 day. I think the next 2 weeks will really tell us if this is a long term bear market or just a mega correction of a bull market.