Get started

Bearmarket

ZZZzzzZZZzzz at 3800Good morning! Here we are, Election Day has passed and we get the CPI report tomorrow. Couple things about the Mid Terms. Generally, the markets like it when Democrats have partial control and Republicans partial control. The expectations are, that the Republicans will win the House. If that happens, that could be a good thing for the markets. At the time of writing, Republicans have 199, Democrats 172 and 64 are undecided for the House. Gotta see how that plays out. Because here's the thing. Let's say the Republicans take the House and the Democrats keep the Senate, the markets might actually like that. And with Big Tech taking a beating after all these earning announcements, they're low enough to bid on and that could push the markets higher. Whoever that dude at Morgan Stanley was last week, saying that we could see 4000 or 4100 in the near term, might actually be right if it plays out this way. But remember, longer term, we have significant headwinds and this is still a Bear Market. CPI report is accumulative, like a moving average. If you add up all the monthly CPI numbers, it gives you the annualized CPI. It's going to stay high because at the beginning of this year, we were seeing CPI numbers at about 1%. So when we add all these monthly's up, we're going to get a high number. Obviously, over time, this will come down. Which is why expectations are to get to 4% by early Q2 or abouts. So, if the Republicans' don't take the House, and the CPI report is hot. What does that mean for the markets? Well, we could head back down starting tomorrow or Friday. Either way, these are two possible outcomes that could play out. Plan for the Day: We're technically still in No Man's Land but with a slightly more Bullish lean right now. IF I decide to chase this up to 4000, or 4100, I will do so cautiously and wait for an exhausting point in the rally. We might just hang out here at 3800 today until all the results come in and then tomorrow we could see the true direction. I'll sit on my hands again and just watch the market. Be patient, stay disciplined and trade the market in front of you. Happy Trading!
SP:SPX
by MMOTA_
V:More pain in sight!Visa Intraday - We look to Sell at 199.64 (stop at 210.66) The medium term bias remains bearish. A sequence of weekly lower lows and highs has been posted. This is negative for sentiment and the downtrend has potential to return. Resistance is located at 200.00 and should cap gains to this area. Preferred trade is to sell into rallies. Our profit targets will be 173.20 and 165.00 Resistance: 200.00 / 235.00 / 250.00 Support: 173.00 / 140.00 / 120.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre
NYSE:VShort
by VantageMarkets
#BTC: Is this bottom or It will drop more?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice. #Bitcoin Long Term Technical Analysis:- As Per the historical chart:- As we can see in the chart first and second bear markets BTC drop -84 to -86% from the top and in this current bear market too we expect an 84% to 86% drop from the top. If BTC drop according to the calculation then 10k to 11k will be the bottom So in this bear market, we expect an 84% to 86% drop from the top This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
BITSTAMP:BTCUSD
by CRYPTOMOJO_TA
13
THIS CHART IS INVERTED!!!! EVERYTHING IS INVERTED!! Hello. This is my analysis for the bitcoin against the US dollar. The Fibo. level for the end of the 5th wave is 100% it might go further but I highly doubt that. if the 5th wave is extended it might go to the 127% or the 138%. this analysis will FAIL under two scenarios: 1- the price breaks the end of the 3rd wave and then breaks the end of the 4th wave. Which will result in a compound correction . 2- the 4th wave breaks the end of the 1st wave.
INDEX:BTCUSD
by hgpvfd132
1
Last chance to have the opportunity to get on BTCs Moon landing.No matter how you look at the chart, the price is not on support right now. The price has broken through the support of the flat, and now it is hanging in the air. The nearest strong support is around $12.5k-$13k and then toward $9.5 to $10k if the worst is to come, which exists due to many factors. As an example, I show you the target for the breakout of the flat, which is only one of the bases of the level. What should be our next plan? I am starting to form a formal short, from the current price and up to $18750. The main target will be $12k. "Formal," as a chance for a $19k pullback exists. Unfortunately, if it happens, we can consider such a dump — a fakeout, so we will have to flip long. If the retest is successful and the price won't allow fixing above $18k ±$19k for a long time, I will be increasing the short position already on confirmation of the retest below ±$18k. Will start without any preface. There are two options of what can happen next and here is the first, OPTIMISTIC one: There is a massive consolidation zone with $17,800 - $25,000 borders. As you can see, the price dumped below the support line. We may see the dump continuation down to the $15,500 - $16,000 zone and pump back above the $17,800 level. This would be called a DEVIATION. In other words, fake breakdown of the support. That's a bullish case. How we advise to trade it: buy on the $17,800 breakout upwards. This is the safe option. Buying in the $16,000 zone is risky. Explanation will appear in the next publication❗️ Why do I think buying the $16,000 zone is NOT THE BEST idea? This support zone is not really strong — it can hold the price for some time, but it can not be defined as the ULTIMATE BOTTOM for Bitcoin. The Macro Technical Analysis says we can easily flip $14,800 - $15,000 into resistance. You can fill your bags at $15,000 - $16,000 but what will you do if the price will continue dumping to $14,000 - $12,000 - $10,000? You will suffer from moral pressing and sell in huge loss with high probability. The difference between $16,000 and $11,000 is ±25%. Meanwhile the difference between $16,000 and $17,500 is only ±10%. I would rather MISS 10% of potential profit than LOSE 25% of my deposit (even for a while). Hope you get my point. Stay Tuned. Don't forget to drop your likes if you agreed with the idea and drop your comments too if you have any disagreement on any part of my assemption and let's share knowledge and learn from each other. This is not a financial advice and its just an insight from the team for idea sharing only. We don't take any responsibilities for your loss and make your own research before you invest any dime. And remember to invest the amount that you only can afford to loss.
by cryptotalk_et
VZ: Further downside expected?!Verizon Communications Inc. Intraday - We look to Sell at 38.68 (stop at 41.29) The primary trend remains bearish. Trading within the Wedge formation. Prices expected to stall near trend line resistance. Preferred trade is to sell into rallies. Our profit targets will be 31.18 and 28.00 Resistance: 39.00 / 48.00 / 55.00 Support: 35.00 / 25.00 / 17.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:VZShort
by VantageMarkets
Bearish trend continues for BTCHere's a quick look at the weekly BTC chart. As we can see, the price is currently in the crucial support zone , and the price has to hold the support zone to avoid a significant downside. If the price doesn't manage to keep the critical support zone , the price will likely end up in the 12.5k - 9.5k price range. I must mention that there is still an open CME gap at 9.7k, and we may very well end up at the 9k level and thereby close that CME gap. Tho there's no specific timeline for when they'll get filled. ------------------------------------------- What is a CME gap? Key points: A CME gap is a break in the graph of the trading prices of an asset, in this case, Bitcoin . So if BTC closed at 8700, then opened the next session at 9400, there would be a 700-point gap in the chart. Some traders believe that gaps will get “filled.” Meaning the asset will go back down, in this example, and “fill the gap.” ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto
Doomsday.Here on the daily chart, we have a rather rare signal. A daily WAVE PM cross, with the CCI pointing bearish. Here is the previous instance, November 2018, where this signal fired. This resulted in a 50% drawdown. We'll know pretty quickly if this scenario is playing out, where if price can recover above the 1900s in the next few days price should hold as an easy opportunity to stop out. If not, expect freefall for the next several weeks. This is an incredibly reliable signal on the daily chart. It happens only one or two times a year and has resulted in a percentile move in the double digits every single time. We'll need a close beneath 17500 today for confirmation.
COINBASE:BTCUSDShort
by DadShark
3
No Man's Land.....again.Well, what a wild Friday. The market traded in a 3% range trying to digest the unemployment reports. Lots of mixed signals right now. So it looks like we're back in No Man's Land. Step back and still look at the bigger picture, we are still in a downtrend channel. We had three down days last week with a doji on Thursday and a bounce on Friday. Characteristics of a bull pull back right? Well than, what does the Nasdaq chart tell you? Cause that thing looks way more bearish. CPI report is going to say a lot and there's a good chance that inflation could come in higher than expected. By the end of this week, we should know where this market is going to go. It feels like I say that every week! -"By the end of this week, we should know where this market is going to go."-!!!! It's definitely been confusing the last few weeks. I mean look at the VIX. This thing said "what's up!?" to 24 on Friday. My 40,50 VIX number I've had in my mind the last couple weeks is still patiently waiting. The elements of "hope" are lingering in these markets. Here's what could happen this week: We might hang out here in this 3800 area today and tomorrow. But we could also go test the 3850ish area. I'd pay attention to the price action in that area. It would test the upper downward trend line from the August 6th high. Plan for today: Really just going to sit on my hands today and watch the market. Be patient, stay disciplined and trade the markets in front of you. Happy Trading!
SP:SPXShort
by MMOTA_
2
The Depression of 2022-2024In a severe economic contraction with unemployment above 10% and interest rates above 5% ( mortgage rates above 8%) puts the S&P's probable trough multiple below 10. My projections based off of: the contractions of 1920-1921 & 1929-1933, the current data on manufacturing and services in the USA and around the world, and the money supply. 100-125 earnings per share at a multiple of 10 would put the S&P below 1250 at its potential trough. Current S&P Earnings projections expect some to no growth, but I expect Q3 2023 S&P EPS to have contracted by at least 50% from levels it reached at its peak.
SP:SPXShort
by Alexander_C_Lambert
Bitcoin monthly delta volume divergence is the largest everThe total volume for bitcoin this month on binance BTC/USDT is the largest on record. If we look to cumulative delta volume, we can see the insanely large divergence going into the monthly close. This suggests buyers are stepping in and absorbing a lot of selling volume. Not only that, the CVD has pushed back up above the 20MA. Times of divergence in CVD suggest a change in momentum. The higher the timeframe, the more significant. You can see a similar event on the COVID 1M candle in March '20 where the candle was bearish but delta volume showed buyers soaking up the sell volume. This is an important time for bitcoin and crypto. Currency and bond markets in turmoil, major companies are facing slowing growth, employment etc and the macroeconomic outlook looks bleak. If bitcoin is to show its value, its here, otherwise... run. NB: There are inherent "issues" with CVD that one should understand when interpreting it. The official tradingview CVD indicator gives a great summary about this.
Long
by limetoast
Key to this Market: Bond Yields & USDSo we gapped down yesterday if you didn't notice. I guess the market didn't like what Powell had to say. But overall, yesterday had a even amount of buyers and sellers. What we're waiting for is the Octobers payroll number that's due to come out an hour before market open. Now, expected is 205k. If this number comes in higher than 205k, the market really isn't going to like that and we'll head lower. If it comes in lower, then.... that could give the market a reason to rally higher. But does it make sense to go higher today after yesterday and Wednesday's action? I think the markets are most likely heading lower. The key to this market is Bond yields and the US Dollar. If they go up, market is going to sell off. They come down, market rallies. It's what's been driving this market. I'm more concerned about the Nasdaq. Yesterday, big cap tech was just getting a beating. And if the selling continues with these big dogs, we will go lower. The markets are going to want to test those lows again and fast. This is where I'd want to see 40,50,60 on the VIX if the selling accelerates. Futures are currently trading at 3758 at the time of writing. So as of now, it looks like we're gaping up. However, the payroll numbers come out an hour before and if the markets don't like the number, we could turn around in futures right before open and head lower. We'll see what happens. Plan for the Day: There's a small chance of a rally that could happen today. If we do, I'll just sit on my hands and watch the market. I'm still holding some shorts with plenty of time. I just need to know if I should add to my shorts. If we gap lower, then I'll add to my short positions and follow my levels down. Keep in mind that markets usually don't bottom on Fridays. Be patient, stay disciplined and trade the market in front of you. Happy Trading!
SP:SPXShort
by MMOTA_
DAX crosses the 100 day EMA for the third time this yearThe DAX30 has once again crossed the 100 day EMA for the third time this year. After the previous two crosses, the index went ahead to lose an average of 15%. The index has already reached a trough of 27.55% this year with each drop weakening and bear exhaustion showing up as evident from MACD divergence. The index has priced in a lot of bad news including the impact of Russia's invasion of Ukraine, high inflation pressuring consumers budgets and ECB rate hikes. It is highly unlikely that a recession in Europe has been priced in. The BoE acknowledged that the UK entered a recession in Q3. Eurozone PMIs released this week showed that manufacturing is already in recession territory. Pessimism in the sector is still high but supply chain pressures seem to be falling amidst falling orders. The question on my mind is how deep the recession in Europe will be and how long it will last. I'm currently bearish on European indices as bullish sentiment or lack of bearish price action shows a disconnect from fundamentals. Looking at volume flow (FDAX futures), it can be seen that short positions have largely reduced from a peak of 125K in September to the current 33K. Long positions have also fallen from 134K in Oct to 92K. This implies that the current bullish price action has no legs. This can be collaborated with On Balance Volume showing that inflows might have peaked at the August - September highs. In summary, this is why I'm still bearish and looking to sell the rips: Recession in Europe not priced in or at least partly priced in. Inflation is still a sore thorn for Europe with YoY increases crossing the 10% mark. Volume flows for traders are showing signs for peaking.
CAPITALCOM:DE40Short
by GrizzlyBearBee
SPY 52 WEEK LOW INCOMING?With the fed set to continue raising rates through 2022 I do not see a bottom in sight. Presented above I map out the two most possible scenarios in my opinion. The December fed meeting is the most important meeting coming post midterms. The November meeting this week will answer a few short term questions but the real question is do we begin slowing in December? If I had to answer the question above today the answer would be no! Based off the data we have received this month inflation is not slowing and unemployment is still low. The dollar has began to cool off, bonds & equities are getting some relief which provides more liquidity to the downside. The next week may become volatile or even a bit ranged bound as we wait on new data but I believe the end story is all the same. Spy breaking above the bear trend and 200ma invalidates my thesis. Fed rate slow also invalidates my thesis.
AMEX:SPYShort
by Ericc100k
3
FED DAY!!!Good morning! Well.....yesterday's down day I'm assuming was because of the JOLTS Report. Employment openings for the month totaled 10.72 million. Estimated 9.85 million. So, well above. This is something the FED does not want to see. It doesn't help inflation. But again, everyone wants to hear what J Powell has to say today. What could happen after he speaks and in the coming days? Although we are above the 50 day, I feel that there are more elements of a bear market. We could be in the finishing days of the ABC correction of this bear rally before rolling over. And, I'd still be ok with seeing the market heading to 3970ish, 4010ish. The price action at those levels will really tell me if this is a bear rally or not. So when will we get our pivot from the Fed? I really don't think we'll see a change in an upward direction until early 2023. Maybe February or March we could see a final low. Especially if we get another .75 in December. Plan for today: If we get a 2%, 3% up day, I'm not going to go chase it. We could trade sideways the next couple days before we make the next move. If we push to 3970ish, 4010ish, I will monitor the price action and volume to pre-determine next week's possible outlook. And if the market doesn't like what J Powell has to say today and we sell off....well, I'll start to manage my short positions I'm currently holding and follow my levels down. Stay disciplined, be patient, trade the market in front of you. Happy Trading!
SP:SPXShort
by MMOTA_
1
PIN: Gains will be capped?!Pinterest Intraday - We look to Sell at 25.99 (stop at 27.91) We are trading within a Bullish Ascending Triangle formation. Neckline resistance 26.00. Resistance could prove difficult to breakdown. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 21.38 and 20.00 Resistance: 26.00 / 38.00 / 50.00 Support: 21.00 / 16.00 / 10 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre
NYSE:PINSShort
by VantageMarkets
Taf's Gun to the HeadTrade Idea: Selling Dow at market Reasoning : Selling on rejection from supply zone (32200-32500) and a bearish head and shoulders on an intraday basis(although not validated yet) Entry:32048 TP: 31138 SL: 32416 RR: 2.47 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses . There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
TVC:DJIShort
by Signal_Centre1
1