mistrykam

mistrykam Mar 26

TLT near the bottom. Rates go down, bond face value go up. Long-term bonds rates need to come down otherwise US government interest payments will take up a high parentage of their budget.

mistrykam Mar 24

Continue to see the S&P 500 heading lower. Make a new lower higher this week.

mistrykam Feb 10

TSLA is now a support area. Needs to bounce back at 357, otherwise it will head lower!

mistrykam Feb 9

Has been trading sideways since the summer of 2024. Looks to be trapped in a sideways channel. 405 would be a great entry point.

mistrykam Feb 9

Still in an overall bullish trend. In the short-term, it could lower towards 225 and 215. If it holds 215 then AMZN could return to all-time highs.

mistrykam Feb 8

Bullish trend on the weekly. Coming into a support area.

mistrykam Updated  Sep 13, 2021

Since June-2020 the SPY has not touched the 200-day moving average. Every dip is bought up by some mysterious entity. US Federal Reserve money printing, which is causing massive inflation in the real economy, is pushing the SPY higher. Will the mysterious entity allow for a 5% or 10% correction. Will a 15% correction be allowed? Cash needs to go into...

mistrykam Feb 10, 2021

We are now 35% above 200-day on the weekly chart. S&P 500 is way out of the uptrend channel. Are we going to repeat the 2020 crash again? Getting into the "delusional" stage of the market cycle.

mistrykam Jan 29, 2021

Probability of 5%, 10%, 15% or 20% downtrend. Possible to buy at each level. Maybe take a small position as it hits each target. Trade safe: Use a stop limit and have a plan!

mistrykam Jan 5, 2021

SPY has broken the uptrend channel. Probably a 5% correction to 352. If breaks lower than 352 we could see 336 or 10% correction.

mistrykam Nov 28, 2020

SPY currently in an accumulation zone. Target 380 by late Feb-2020. The market does seem overly bullish, so I think the market makers will let the party ride higher. After hitting the target of 380, be prepared for a 5%, 10% or 15% correction.

mistrykam Nov 19, 2020

SPY is weakening, heading back to 348 level before bouncing. MACD is starting to weakening. Stochastic RSI over-bought.

mistrykam Nov 19, 2020

BABA finding support at 255, could move higher back to 300. MACD has almost recovery, Stochastic RSI has bottomed.

mistrykam Oct 28, 2020

Definitely going lower in the short-term. May bounce off the 150-day SMA.

mistrykam Oct 1, 2020

SPY is turning positive, if we break above the 50-day then a new uptrend is starting.

mistrykam Sep 25, 2020

GOLD in a short-term down-trend. If we break 1844 then it will go lower, towards the 200-day. Otherwise, it could bounce here.

mistrykam Sep 24, 2020

We hit the 50-day SMA, if we break here, we could return to the 200-day at 309.

mistrykam Sep 17, 2020

SPY has formed a triple bottom. If we maintain 332 we could go higher from here. Probably choppy trading at this level. Bull case if above the 20-day, at 338. If we slide under 332, then the bears win this round, and we could drop back to test 310 (200-day SMA on the daily). Keep an on QQQ, it hit the 50-day SMA on the daily (like the 50-day). The tech...