Apple - High & Intermediate Term AnalysisToday, we look at Apple utilizing a variety of techniques: Divergence, MAC & Cycles.
We need to keep an eye on the quarterly, monthly & weekly bearish divergences that are occurring. They have not yet triggered, so bulls don't have to worry (yet). But we must keep our eyes on these divergences, because if they trigger, they imply significant downside ahead for Apples share value.
We take a look at the MAC and see that there is a case to be made for some further upside this week, and based on todays state of the indicators, longs are favored on any pullbacks to the MAC on the Daily chart.
Cycles show a bit of a mixed bag of possibilities. I'm most interested in the Decennial pattern and the APZ's.
Let me know if you have any questions.
Cyclestudies
Cycle Analysis - Dollar IndexI am SETUP to hunt long TRIGGERS in the DX this week based on the COT strategy.
So I thought I'd look, do cycles support the COT strategy looking for Longs?
It turns out, they do.
Decennial & Annual Predictable Zones (APZ's) supportive of up move to Early/Mid October
Intermarket analysis finds a striking 60.9% correlation to DX's current price action to that of the price action found in 1991. Based on the intermarket analysis, we expect a major cyclical low sometime around now.
The long term blend of the 51.5 month & 581 day cycles show a major cyclical low should be around the corner for DX.
The short term blend of the 20.6, 29.9 & 115.6 day cycle is supportive of longs until a short term cyclical high early-mid October.
Cyclical Analysis - Heating OilIf you follow my channel, you know that I am long Heating Oil, and am looking for more entries long, based on my COT strategy setup.
Today, we look at Heating Oil through the lens of cycles. Do cycles support the COT Buy Setup?
As you will see, there is some compelling cyclical data that is supportive of the idea for Oil to rise to October 10-20, and then decline before putting in a major cyclical low in December.
CYCLICAL ANALYSIS - Crude Oil to Go Up To Mid OctoberDISCLAIMER: This is not trading advice. This is for educational and entertainment purposes only to show how I view this market. Trading involves real risk. Do your own due diligence.
My COT strategy has Crude Oil SETUP for longs if we get a TRIGGER (Confirmed bullish trend change). But what do cycles have to say about this long trade idea?
Cycles suggest that we should see an up move in Crude Oil until Mid October/Early November.
I look at many interesting things:
-Using the DOW Arab Titans 50 index as a leading indicator of where Crude Oil may trade to.
-The annual cycle of oil is strong and should not be ignored. It too is supportive of taking a long until mid October.
-The Decennial cycle is supportive of a bounce in oil into mid October.
-Major economic cycles & temporary trading cycles are also indicating an upmove could be imminent for oil.
-Lastly, we see that the previous most similar year of price action (2019) suggests oil could move higher into October/November.
TO BE CLEAR: This does not mean I am going long blindly, I wait for entry TRIGGER (18 MA, 10h8c MAC, Divergence). This market did already trigger via divergence last Wednesday via the CCI (Commodity Channel Index) divergence confirmation.
If you have any questions about my cyclical analysis, feel free to shoot me a message.
I hope you had a good start to your week.
And as always...
Good Luck & Good Trading.
Bitcoin -> Maybe A Little OverextendedHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Bitcoin is approaching a massive previous weekly support zone excatly at the HKEX:32 ,000 area which is now turned extremely strong resistance.
However you can also see that weekly market structure is massively bullish, in my opinion we already saw the bottom of the bear market, so I am now just waiting for a short term retracement before then I do expect the next weekly rally towards the upside.
On the daily timeframe you can see that Bitcoin just recently broke out of the symmetrical triangle as predicted in my last analysis - I am now just waiting for a retest of the previous resistance area at HKEX:28 ,500 and then I do expect more continuation towards the upside from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ethereum -> More Bullish MovesHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum is currently breaking above a quite obvious previous weekly resistance area which is exactly at $1700.
You can also see that we are approaching the next resistance at $1900, so I do expect a short term rejection towards the downside to retest the previous $1700 resistance, now turned support, and then from there I think we will see the next impulse towards the upside.
On the daily timeframe you can also see that everything looks extremely bullish, I am now just waiting for a retest of the $1700 support and some bullish confirmation before I think we will see the next rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
The Exit - How to take profitsToday’s content:
1. Why each exit is within 3 months?
2. Why I turn from investing to trading the US markets since Jan 2022 and onwards
If you have been following, today’s is the 6th tutorial in our Trading Series:
1. “The buy strategy”
2. “The sell strategy”
3. “Developing long & short-term view”
4. “Choosing between the time frame”
5. “The entry”
6. “The exit”
Refer to the links below or check the previous 5 videos.
E-Mini Nasdaq Futures
Minimum fluctuation
0.25 point = $5
1 point = $20
10 points = $200
100 points = $2,000
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
How To Spot Economical Cycles Top Using [DXY- SPX and VIX]
Hi Everyone
In this video I want to share an overview of the importance of economic cycles for traders and investors and how we can use Trading View charts
with no indicators to figure out key economic signals on the following charts:
DXY tops for the end of previous bear markets
VIX normal ranges vs Bear cycles ranges
The Dow Jones Industrial average is another key chart with SPY charts because everyone has a 401K retirement account these days and people are use to the headlines of the Dow Jones Industrial Average new highs and new lows to shift emotionally between despair and exuberance. It's not unusual for people to throw in the towel just as the market begins to rise in the next economic cycle.
As a student of the markets, you need to know when it's time to load up on bargain priced assets and ride the next cycle up and when it is time to slowly sell or fade into the tops of the markets and avoid the downturns.
Are we in a normal healthy correction 10-20% or are we heading toward the Great Depression type 50% correction from the top? These charts will help you answer the question.
Mastering the market and economic cycles is the key to becoming wealthy in all asset classes - Stocks, Real Estate, and Cryptos
Hope it helps...
@Marc