candlestickninja

candlestickninja

see my similar vix post with similarities, difference here are the retracement is to the .786 fib level instead of .618 like the vix and our basing or reversal candle here is a doji, instead of a spinning top like on the VIX, this makes sense though as this ticker has built in 1.5x to 2x leverage per its perspectus!

candlestickninja

bullish the VIX buying with UVXY AND VXX. This is only an intraday cup and handle showing an entry point with multiple confirmations. The Monthly and Weekly charts show we are nearing the end of a multiyear cup and handle which is the third since the VIX inception!! buy time UVXY

candlestickninja

short term correction towards $5 coming, load up at $5-5.25, wave count from about a month ago remains on the chart

candlestickninja

As you can see my projections from a week ago are traceing nicely, we may see down to 20,500 before heading up towards 22.5k-23k, stocchastics still turning up. 24k is my sell target.

candlestickninja

So I left my wave pattern on my chart from last week, untouched, you can see we are hitting an interim resistance at our last .382 resistance zone, well technically on a weekly timeframe the body was rejected, though on an intraweek basis we formed a wick....until Friday hits the candle formation is not complete. it's around $5.27, we need a weekly close above...

candlestickninja

I proposed a bear market rally analysis towards the 23500 to 25800 zone over the coming weeks, looking at a great depression chart, this looks eerily similar . I'm viewing this rally as a fake out rally and using tight stops. We are still oversold so I think we will see 25k, we may see some small falls as show in my additional a,b,c,d,e (blue) overlay. I plan to...

candlestickninja

I see a short term rise in HROW as our current right shoulder of what looks to be a weekly head and shoulders hit a 61.8% Fibonacci retracement level with Stochastic RSI being as oversold as our last oversold areas. I drew two potential rises using some bear rally based Fibonacci Retracments, I feel we will follow the trajectory towards the one that overlaps with...

candlestickninja

Bullish over the coming weeks, need $5.30 weekly close or more, estimated weekly chart attached, bullish engulfing weekly close and technical divergence of oscillator points up, daily is somewhat overbought that's why I show a dip in wave A to an estimated .382/.618 intraday level of probably $4.00, before taking over over the coming weeks towards higher levels..

candlestickninja

short term bullish sentiment has not changed for me, 23-25k before the big fall

candlestickninja

massive technical divergence

candlestickninja

In every market cycle the minds of the many go into 'doom and gloom' mode, thinking of the worst, absolute failure, default and the end times. It is the same reason the end of dayers always place end times dates on the world...The 99 to 2000 switch, the Mayan Calendar Ending, etc... Biblically and I do believe in the bible and end times, this may very well be...

candlestickninja

CRBP HUGE VALUE PLAY AT LONG TERM TREND SUPPORT! big bounce coming!

candlestickninja

need a daily close with a close open and close, if we do we may close with a "bullish Harami" which may lead a bounce towards 23-25k on the dow over the next week

candlestickninja

WFT Bullish, lagging oil bullishness a little, but when the rising prices flows to our EBITDA im convinced we will rocket north! Since the markets are forward looking, our PPS may reflect this sooner than later

candlestickninja

Rp = Retracement Price and Fr = Fib Ratio Fibonacci Extension = Rp + Rp x (1/Fr) Fibonacci Extension = 6.57 + 6.57x(1/.382) Further Reduced = 6.57 + 17.20 = $23-$24 This assumes .382 holds and is confirmed by some intraday closing above 7.50

candlestickninja

WFT Short term Technical Divergence to .74 then to .82-.83 next resistance level. I see short term bearish technical divergence underway and a possible test of .74-.75 over the next day or two (but very quickly, don't try to sell then buy just add the dip). We are in a pretty strong intraday trend so I see a shallow .236 fib retracement and then a rally toards...

candlestickninja

Step up to Daily to continue 4 hour analysis to 1.88

candlestickninja

WFT Ultimate Intermediate Term Price Target of $1.88-$1.90 zone in line with fundamental analyst projections of $2 'true value'. Last chance to buy as bullish technical divergence and bullish candlestick formations combined with a confluence of many indicators are pointing to a pop to an above $1 soon! The termination at 1.88-1.90 is wave 5 from my 4 hour chart