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1-BTCUSD

SPY/QQQ Plan Your Trade 8-5 : The Shot Across The Bow.Watch this video. I'm going to try to keep this short and sweet. I've gotten a lot of comments about how my SPY Cycle Patterns have NOT been working out over the past 10+ days and I want to address that. The SPY Cycle Patterns are built on Gann & Fibonacci price structures/patterns. They reflect "Normal market psychology" and attempt to provide a guide as to what to expect within normal market rotation/trends. Nothing has been "normal" over the past 3+ weeks. It all started when Biden dropped out of the race for POTUS. Then, the real shot across the bow was the Bank Of Japan warning the rest of the world "hey, you may need to start aggressively defending your currencies against devaluation risks". If you really understand what that means, you'll understand the panic process that is playing out right now. But, I urge all of you to think about "what changed over the past 3 weeks". That is the question I keep asking myself. What changed is uncertainty (the Kamala-Crush) and the BOJ signaling foreign markets to prepare to defend the value of your currency against the US-Dollar. And I believe the panic-mode will subside very quickly as global asset prices drop. Falling prices mean stocks move into undervalued price territory. That also means smart traders BUY INTO this weakness for the longer-term ROI potential. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
FX:SPX500Long
by BradMatheny
4
SPY/QQQ Plan Your trade 8-2 - The Kamala-Crush ContinuesIt's been quite a while since I've seen -3%, -4%, or even -6% on my screens. These are HUGE price swings, and I'm still having trouble identifying why the global markets feel a major crisis has suddenly hit (unless it is all related to Kamala Harris). This update shows you why I believe the US markets must attempt to find support near this 50% pullback range. If we can't find support at the levels I highlight on this video - then all bets are off and we could enter a much deeper price correction. I'm still looking at the data, earnings, and other news. I see nothing that says CRASH. I see US companies preparing for a tough summer - but still making profits. I see the US moving into a hotly contested election. I see consumers still spending (moderately). I just don't see a CRASH event yet. So, I believe this is all a large panic move. More later. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
SPY/QQQ Plan Your Trade 8-2 : Breakaway In Carryover ModeAs we have all experienced over the past 6+ days - outside news events can (and often do) disrupt my SPY Cycle Patterns. I've talked about the Kamala-Crush event (just 10+ days ago) that disrupted market trends after Biden stepped down from running for POTUS in 2024. I've talked about how capital would shift away from risks because of the sudden shift in expectations. I've talked about how this shifting capital would likely benefit the US market and what I call (major global economies) - where capital may rush into areas considered safer than most of the rest of the globe. Then, we saw a bloody attack on Israeli children turn the world upside down with the threat of an Israel/Iran conflict. We are now seeing Japan really become an issue with the BOJ attempting to manage risk factors related to their economy. In my opinion, the past 10+ days have been a series of minor crisis events (some a bit more major than minor) that have played out to disrupt the US/Global markets with huge volatility. We don't normally see 2.5 to 5.5% price swings - EVER. These types of price swings are MASSIVE. We are living through a disruption that may go down in history related to a global shift in expectations. But, at the same time, we've only seen the US markets fall 3.5% from the recent highs. Certainly not a CRASH event (yet). Honestly, I don't expect my SPY Cycle Pattern to play out very well today. I believe these outside factors are really driving price action and I've clearly tried to highlight that in this video. If & when the markets settle and move back into more normal types of price trending (away from outside factors driving price trend) - the SPY Cycle Patterns will likely fall back into a better predictive mode. As I stated, the SPY Cycle Patterns are not 100% accurate all the time. The past 10-15+ days have been very unusual (to say the least). We've seen a series of events that are really unprecedented (starting with the Kamale-Crush). Buckle up. Today could be a very interesting day if support holds. We may see the SPY attempt to rally back above $552-554 at some point. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
1
SPY/QQQ Plan Your Trade 8-1 : Where's the BaseRally301 PatternI know. I'm asking the same question. Today's move is not normal. The US markets don't move 1.5 to 3.5% on normal days. This is something bigger - outside the normal scope of market data. It could be the election conflict in Venezuela. It could be the US POTUS election news. It could be what appears to be a collapse in Asian markets. It could be that European markets fell hard today. It could be anything that is related to forward expectations for the US/Global markets. My data is still showing this is a DIP in a bullish trend (a BUY THE DIP opportunity). My data shows the following: - Europe & Asia are trending downward. - US is following Europe/Asia. - US-Dollar Demand (SPY BASE TREND) is flat - but still strong - Hedge Assets (Gold/Silver/BTCUSD) are holding up well in the face of this move. - The MRM system has not turned BEARISH yet (that's good). - Major Markets To Metals (hedge instruments) are much weaker. - The Volatility Index is at 15.51 (still above the <12 level for a bearish trend). - The Leading Index is lower (showing Volatility near a Flag Apex). - The Market Ratio index is higher (showing reflation strength). - The US to Global Index is still showing the US markets are stronger than the foreign markets. - The US Valuation Trend index is at 240 (reflating strongly compared to foreign markets). After watching the price trend all morning with my new MENT Pressure System (including the Fibonacci Price Theory model), I really do believe this is a FLUSH-OUT LOW setting up which will revert back into a bullish price trend (the Vortex Rally phase). Nothing seems broken to me (yet). Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
SPY/QQQ Plan Your Trade 8-1 : Base Rally After Gap FillToday's BaseRally301 pattern is certainly giving us a run for our money. I expected a bit of a pullback in early trading today, but I didn't expect the SPY price to fall far enough to CLOSE THE GAP. This is a great example of staying agile and running with what price gives us. Now, as we have closed the GAP and still trying to find a base/support level to mount another rally attempt. Please watch this to learn how important the next 4 hours are related to the future rally trend for the SPY. Today should be very interesting if the SPY Cycle Pattern plays out as I expect. This video also includes Gold, Bitcoin, and the QQQ. Get Some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
2
SPY/QQQ Plan Your Trade 8-1 : BaseRally301 Pattern TodayThis video is to help you understand the continued initiation of the Vortex Rally phase and how today's BaseRally301 pattern will play out. Within this video, I cover the SPY, QQQ, Gold, & BTCUSD. This should really give you a solid primer as to what I expect the SPY to do today and why I'm waiting for the first 30 to 60+ minutes to play out before looking for any trades. I expect the SPY to move in a consolidated downward price trend for the first 30-60+ min, then start to move into the rally phase. Plan your trade. Remember to use the allocation model I shared with everyone yesterday. A. Pick your Entry Price B. Pick your Stop Level C. The difference between your Entry Price and Stop Level becomes your RISK FACTOR (say $2). D. Pick how much you are willing to RISK AMOUNT on this trade (say $500) E. Divide Your Risk Amount (D) by the Risk Factor (C): 500 / 2 = 250. You are only allowed to trade 250 shares (or less) to maintain your risk containment levels. It is pretty simple once you get used to this structure. Get Some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
2
Weekly Recap & Market Forecast $SPX (July 28th —>Aug 2nd)**DIYWallST Weekly Recap & Market Forecast** --- Hello Investors! 🌟 This week was marked by significant economic and political developments, driving volatility in global stock markets. Let’s dive into the key events that shaped the financial landscape. 📈 **Market Overview:** The week began with a surprise rate cut by China’s PBOC, but this was quickly overshadowed by President Biden’s announcement that he was dropping out of the race. The Democratic Party swiftly rallied around Kamala Harris, with endorsements pouring in from state governors and, ultimately, the Obamas. By the end of the week, Harris appeared to have secured the nomination. The political developments contributed to a 'Trump-trade' sentiment, with small-cap value stocks continuing to outperform mega-cap technology shares. The cool June CPI and subsequent soft data points have also fueled expectations of Fed rate cuts later this year, underpinning this market rotation. The US yield curve steepened notably, with the 2-10 year spread popping above -15 bps, while the VIX rose sharply through Thursday. A letter from former NY Fed President Dudley may have increased investors’ expectations for a Fed rate cut. The Bank of Canada cut rates for the second straight meeting, while global PMI readings indicated some softening, particularly outside the services sector. Pulte’s home orders fell short of analyst expectations, and June existing home sales missed targets despite rising supply levels. Richmond Fed data was weak, and several major industrial and chemical companies cut their outlooks. June PCE data indicated “further progress” for the Fed, echoing concerns about discretionary spending and a softening consumer pushing back against price hikes. **Stock Market Performance:** - 📉 S&P 500: Down by 0.8% - 📈 Dow Jones: Up by 0.8% - 📉 NASDAQ: Down by 2.1% - 📈 Russell 2000: Up by 3.3% **Economic Indicators:** - **US Yield Curve:** Steepened significantly with the 2-10 year spread popping above -15 bps. - **June Existing Home Sales:** Missed expectations despite rising supply levels. - **Richmond Fed Data:** Indicated economic weakness. - **June PCE Data:** Showed progress in cooling inflation. - **Bitcoin Prices:** Climbed ~5% ahead of Former President Trump’s appearance at a crypto conference. - **Dollar and Yen:** The dollar remained steady, while the Yen rose amid speculation of a potential BOJ rate hike. **Corporate News:** - **Google and Tesla:** Earnings reports did little to curtail volatility. Tesla missed estimates and Google’s YouTube ad revenues fell short, leading to a decline in AI enthusiasm as Google's AI monetization efforts didn't meet investor expectations. - **Ford Motor:** Shares tumbled after a significant earnings miss, with the company continuing to lose money on each EV it produces. - **3M:** Shares surged after posting a big earnings beat, despite noting softness in consumer discretionary demand and mixed industrial end markets. **Looking Ahead:** Next week will feature several key events: - **Fed Rate Decision** - **Powell Press Conference** - **U.S. Jobs Report** - **Earnings Reports:** Microsoft ( NASDAQ:MSFT ), Apple ( NASDAQ:AAPL ), Meta ( NASDAQ:META ), Amazon ( NASDAQ:AMZN ), Intel ( NASDAQ:INTC ), ExxonMobil ( NYSE:XOM ), Chevron ( NYSE:CVX ), Boeing ( NYSE:BA ), and McDonald's ( NYSE:MCD ). As we look forward, these developments will be crucial in shaping market sentiment and guiding investment decisions. If you have any questions or need further insights, feel free to reach out. Here’s to another week of informed investing and strategic decision-making! 🌟 ### **Market Forecast (Updated 07/28/2024)** **SPX** - TSLA reported poorly on their earnings + weak guidance from GOOGL drove the market down. Money continued to Rotate into Small Caps from tech sector last week. With FOMC this week, we could potentially see a bottom in the market by Friday as we are pretty oversold at this point. Next resistance $5505 and $5653 Next support $5423 and 5285 Weekly Sentiment = Oversold **Chart Analysis:** () **Dollar Index:** DXY-Currently, the market is looking at 2-3 rate cuts by the end of the year, But we should get a clear picture from FOMC chair this week on exactly what they are thinking. JPY is also starting to gain strength, Both of these things could weaken the DXY. Next resistance $104.78 Support $104 Sentiment = Crossover to downside **Put to call Ratio: 1.15—> 1.28 Next FOMC date: July 31, 2024** **Fear & Greed Index: 49—>45** ! (prod-files-secure.s3.us-west-2.amazonaws.com) **BTC:** Crypto market has been pretty strong and testing resistance, Trump spoke very highly of crypto as well but he also flip-flops a lot. The key thing to watch here is the Dollar index, if that continues to drop, we could see btc test new highs. However, we have a huge trendline at 68k and if we can break over it, it could start a bigger bull run as well. Google our "DIYWALLST 2024 Crypto Forecast" for our favorite alt coins.
SP:SPX
by WallSt007
Bitcoin All Time High NOT PRICED IN YETFor weeks now, I've been talking about why the all time high for Bitcoin is NOT YET in. (Proof here) Here are the main reasons why. 👉 Elliot Wave Theory I've been discussing EWT for many weeks alongside with the bearish M-Pattern that marked the beginning of the corrective wave (3-4). Once the corrective wave finishes, which I expected to be a multi-month playout, the final impulse wave up awaits us (4-5). 👉 Bitcoin-Dominance Increasing & ALTS Bottom Considering MANY alts have seen bottom patterns after corrections (as discussed in the video), its safe to say the dump is over. But BTC.D is still increasing... If you want to further understand WHY this is a good sign, see HERE: _____________________________ KUCOIN:BTCUSDT CRYPTOCAP:TOTAL3
Long
by CryptoCheck-
$700 on a Saturday Morning (BTC)Probability is the name of the game with any trading setup. Let me ask you this, If I made you a bet in which you think the probability that you'd win that bet is lower than your chances of winning, would you take that bet? If you answer yes, you are a gambler because that is exactly what gambling is. If you go to the casinos, you hear it all the time - your chances (probability) of winning are very low as they are skewed in favor of the casino. Lets be real, a casino is a business and the business's goal is to make money. It is just sad that most gamblers aren't smart enough to realize that the money is mostly being made off of their backs. Conversely what about if you realized the probability is skew more in your favor, would you take the bet? You'd be foolish not to as it is more likely to be easy money for you right? That is the theory I have applied here. Simple in and out. That's it, no special strategy, special terminologies, weird candlesticks patterns and all that B.S. K.I.S.S - Keep it stupid simple Have a good day guys!
COINBASE:BTCUSDLong
by Brandon_evo4
1
BTC Bitcoin Technical Analysis and Trade Idea👉🔍We can observe that Bitcoin (BTC) has been in a bullish trend recently and has retraced to a key support level. In the video, we discuss market structure, price action, and the trend. I'm expecting to see a potential reaction and an opportunity to go long if the price action unfolds as described in the video. As always, this is for educational purposes only and should not be considered financial advice. 📊✅
FOREXCOM:BTCUSDLong
by tradingwithanthony
WEEKLY FOREX FORECAST July 22-26th: EUR GBP AUD NZD CAD CHFThis is Part 2 of the Weekly Forex Forecast for July 22-26th. In this video, we will cover: USD Index, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY ... and BitCoin Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
COINBASE:BTCUSD
by RT_Money
WEEKLY FOREX FORECAST JULY 15-19th: BITCOIN BUY SETUPAnalyzing BTCUSD for the upcoming week. It looks like there is evidence that price turning bullish in this market. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
COINBASE:BTCUSDLong
by RT_Money
1