Sector Exposure Consumer Discretionary 69.71% Communication Services 8.36% Industrials 8.21% Information Technology 6.05% Consumer Staples 1.82% Health Care 1.42% Real Estate 1.19%
Top could still blow off even more (bull trap) but I think the top is in.
I'm short now. Despite Fisher Transform only being at 1 standard deviation. I think there will be a shake out before the breakout.
Yes, it's a guess, as is every other Idea on this site. here's mine: I think PA will make its way back up to the top of the triangle, break out into the red box, where there will be some sideways action and false breakouts. PA (Price Action) will return back to the center of the triangle and stay there for a while, until price dumps below the triangle. Support...
I have not studied this extensively, I'm just drawing lines on a chart. DYOR
XMR is a decentralized cryptocurrency. It uses a public distributed ledger with privacy-enhancing technologies that obfuscate transactions to achieve anonymity and fungibility. Observers cannot decipher addresses trading monero, transaction amounts, address balances, or transaction histories. ABC down after 5 wave impulse.
All the Lunatics thought this was going to $1,000. LULZ
w00f I expect that gap to fill, however I believe price will stay in that top band for a long long time.
Points of Confluence 1. price is ranging within the downward channel 2. support found around .23 and .38 fibs .5 acting as resistance 3. potential (speculation) H&S 4. price imbalance is "filling" I expect price to react with the thick black trend line as such: _eventually_ break up and out of the triangle come back down and re-test that range (the...
I think XLE price will experience resistance around $83/85. It's possible price will keep climbing to $126. But I think it's more likely that Energy takes a breather, allows Tech stocks to regain some ground, while energy winds up for a final leg up.
This could be a path to make the perma-bulls happy. I'd be happy with it too, frankly. This is for entertainment purposes only.
Let's see if the Elliott Count on the TF will be followed by an ABC.
calculated using fib, imbalances, price action and BB ranges. I'm have a hunch that price will blow past resistance, however we could see several days of resistance, tests, and re-tests at that level before SPY ultimately decides which direction it's going.
I am neither Long nor Short at the moment, These ghost bars were pulled from the past, and applied to the future to construct this scenario. Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries, says Wikipedia.
According to their website: We are the world’s most decentralized, scalable, and secure blockchain infrastructure. From decentralized finance to generative NFT art (and everything in between), our sustainable blockchain is powering economic models of the future.
We will have to wait and see
Have a look at how price action plays against these indicators.