marketscripters

marketscripters

An intriguing question from a recent client call led me to dive into the data. Here's what I uncovered about the relationship between presidential term years and stock market returns. The Analysis Data: Historical SPX (S&P 500) returns Grouping: 1st, 2nd, 3rd, and 4th years of presidential terms Visualization: Each line represents returns for a specific...

marketscripters

Lets look at BTC. Some people have been saying that its getting ready to take off again, so I wanted to do my own analysis. I've got three indicators I'm using here. - Wedges/channels (the thin green lines) - Fibs - the gold colored fib levels - Wick Strength - the oscilalator at the bottom First, Wedges. We can see that price is at the bottom of a...

marketscripters

Well well well, isn’t this interesting? TSLA is printing the same exact pattern it just printed. Look at the fibs. Swing low to high makes the 1 and 0… - bounce of the 0.2, then the 0.3 - retrace to 0.5 - back up to the 0.2 - crash to the 0.7 - hit the 0.5 again from the bottom - then tap the 0.6 before taking off back towards the 0.3 and 0.2 It...

marketscripters

Several indicators are showing F to be at a support. Fibonacci retracement 0.618 is holding strong. Our Raygun SR script is also showing positive support bounces (see the green dots?) And our D+ gave a long signal (green triangle) which means a bullish divergence. Divergence, Fibonacci, pivot supports - lots of good technicals leaning bullish for Ford (F)

marketscripters

WMT split 3/1 today. Looking back over the years, the WMT stock almost looks like a crypto that never crashed. Its gone up consistently over the years. WMT can be traded technically of course. But one of my friends who is a successful options trader likes WMT for its fundamentals. And I think that shows in this chart over the decades of Walmart's history. Some...

marketscripters

I’m selling this options contract, with expiration and strike at the crosshairs. Selling the Put means I want price to say above the strike until the expiration. The D+ indicator is showing a red cloud, but it is weakening. The red cloud means downward pressure. And we can see that price had leveled out by the time the cloud began. The red outline on the cloud...

marketscripters

It's been a long journey since I started analyzing the stock market. Now, with the tools I've created, it is much simpler to understand... Peaks, drops, support, resistance. It all can be measured! Personally, I like making tools to simplify repetitive tasks...such as market analysis. 😅 Using the right tools gives you a completely new pair of eyes in the...

marketscripters

Its crazy, the run the crypto markets have been on. Its just nuts. But its still going and going strong. Let's take a look at a few coins. Bitcoin Blasting past $41k, its been mind blowing, the support behind BTC recently. Looking at our D+ indicator, we can see how overbought levels have made small dips in price over the past few months. (I like the 3h...

marketscripters Updated 

We all know $20,000 is a big resistance level for BTC. Looking at this 1H chart, there's decent support below it for now to keep pushing that level. If this bullish energy continues we might even see some new ATH before the year is over. And hey, maybe kids will be asking their parents for Bitcoin for Christmas! I'll be watching this chart and these Raygun...

marketscripters

Link showing a bearish divergence signal on our new D+ v2. This could mean 1) trend turns downwards 2) trend flattens ...either way, the bull trend might be over...for now. Only time will tell to see what happens next.

marketscripters Updated 

FSLY's massive after-hours drop today was caught perfectly by our Raygun support/resistance script. I think we'll bounce back up from here. If not, these levels will be important as we helix around them fro seeing where we're going to go next. I'm keeping my eye on this for a S/R flip...

marketscripters Updated 

Gold price action is starting to converge into a wedge/triangle (Wedges script). I'd be looking for a breakout to either the upside or the downside. Previous sell signals (D+ script) have faded...turning into a plateau instead of a drop. (This happens often.) No strong buy signal either, so we'll have to look for confirmation with another tool.

marketscripters

Looks like a small bounce might be incoming for AUDUSD. Pending Double Bottom pattern currently forming (Doubles script) at the 23.6% fib retracement level (Auto Fib script) of the most recent low. I'd expect a small upwards pop at the very least.

marketscripters

Looking for ETH to hit target of 395

marketscripters Updated 

AAPL is currently at the 0.618 of a shorter move, and the 0.382 of a longer run. Will these fib levels hold as support the retest and AAPL bounces? Or will we crash through? Me...I'm hoping for a bounce :)

marketscripters

Finessing a new divergence indicator...let's see if it holds up. June showed a sharp correction and the indi signaled a weak long signal. (The sell signals need filtering...) Now we're seeing the same long signal after the most recent drop. Indicator is signaling long...let's see what happens...