Best guess: current situation in MarketI think the market is consolidating for the next push up... but probably won't be consolidating here anymore, rather lower is coming... I'm fully expectant and prepared for LOWER LOWS to come... so if you want to follow idea on Long, do know it's early still...
Tape Wise, market flipped bull mode on October 13th... price going lower is not "PER SE" a bear tape.
I'll update if I sense the stink of bear taking hold of market... his claws printed in Tape... for now price is just controlabelly and smoothly cooling off & falling lower (remember, "velocity" is not all there is to bear tape... yes, bear tape requires velocity, but a relatively speedy down trend is not on its own a bearish tape...)
So: until Tape flips bear and trend is broken, we assume after lower prices, higher ONES will come...
D-DJI
DOW JONES 1929 - Worst is yet to come Federal Reserve raising rates vertical fasted in history.
1. More people getting bullish before mass bankruptcies are filed
2. Bull whip effect in full force too many new hired people from stimulus
3. FED are stuck and have to raise rates through a recession threat to defend the US Dollar and US bonds
4. They potentially avoided the blow off top but can they prevent the collapse?
5. Banks are running into liquidity issues already
6. Unemployment claims are skyrocketing from job layoffs not being reported.
Dow Jones : eyes on 29000My target for US30/Dow Jones is 29000
My reasons :
Technically, price failed to create new highs and it's a signal that bullish momentum is turning bearish, which will be confirmed if the weekly candle close below 32000
Fundamentals also are putting pressure on Dow Jones, as we have SVB saga, inflation, strong dollar, US debt deficit and more
Collapse Of The US Economy DOW AMERICA | Part Two
The Roaring Twenties roared loudest and longest on the New York Stock Exchange. Share prices rose to unprecedented heights. The Dow Jones Industrial Average increased six-fold from sixty-three in August 1921 to 381 in September 1929. After prices peaked, economist Irving Fisher proclaimed, “stock prices have reached ‘what looks like a permanently high plateau.’” 1
The epic boom ended in a cataclysmic bust. On Black Monday, October 28, 1929, the Dow declined nearly 13 percent. On the following day, Black Tuesday, the market dropped nearly 12 percent. By mid-November, the Dow had lost almost half of its value. The slide continued through the summer of 1932, when the Dow closed at 41.22, its lowest value of the twentieth century, 89 percent below its peak. The Dow did not return to its pre-crash heights until November 1954.
Skeptics existed, however. Among them was the Federal Reserve. The governors of many Federal Reserve Banks and a majority of the Federal Reserve Board believed stock-market speculation diverted resources from productive uses, like commerce and industry. The Board asserted that the “Federal Reserve Act does not … contemplate the use of the resources of the Federal Reserve Banks for the creation or extension of speculative credit” (Chandler 1971, 56).2
The Federal Reserve’s rate increase had unintended consequences. Because of the international gold standard, the Fed’s actions forced foreign central banks to raise their own interest rates. Tight-money policies tipped economies around the world into recession. International commerce contracted, and the international economy slowed (Eichengreen 1992; Friedman and Schwartz 1963; Temin 1993).
The financial boom, however, continued. The Federal Reserve watched anxiously. Commercial banks continued to loan money to speculators, and other lenders invested increasing sums in loans to brokers. In September 1929, stock prices gyrated, with sudden declines and rapid recoveries. Some financial leaders continued to encourage investors to purchase equities, including Charles E. Mitchell, the president of the National City Bank (now Citibank) and a director of the Federal Reserve Bank of New York.6 In October, Mitchell and a coalition of bankers attempted to restore confidence by publicly purchasing blocks of shares at high prices. The effort failed. Investors began selling madly. Share prices plummeted.
While New York’s actions protected commercial banks, the stock-market crash still harmed commerce and manufacturing. The crash frightened investors and consumers. Men and women lost their life savings, feared for their jobs, and worried whether they could pay their bills. Fear and uncertainty reduced purchases of big ticket items, like automobiles, that people bought with credit. Firms – like Ford Motors – saw demand decline, so they slowed production and furloughed workers. Unemployment rose, and the contraction that had begun in the summer of 1929 deepened (Romer 1990; Calomiris 1993).7
Before the crash, which wiped out both corporate and individual wealth, the stock market peaked on Sept. 3, 1929, with the Dow at 381.17. The ultimate bottom was reached on July 8, 1932, where the Dow stood at 41.22. From peak to trough, the Dow experienced a staggering loss of 89.2%
Between 1929 and 1933, real gross domestic product per capita plummeted by nearly 30% and the unemployment rate soared from about 3% to over 25%. The consumer price index (CPI) plunged by nearly 25%, with the rate of deflation exceeding 10% in 1932
💵U.S.Dollar Currency💵 Index Analyze (DXY,02/23/2023)!!!It seems that The DXY index is making a leading diagonal.
The end of wave 5 can end at TRZ(Time Reversal Zone) & PRZ(Price Reversal Zone).
I expect that the DXY index has started the first impulsive wave.
U.S.Dollar Currency Index ( DXY ) Analyze, 4h-Time frame (Log Scale)⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DOW JONES: November Support and bottom of 4month Channel hit.Dow Jones is officially oversold on the 1D time frame (RSI = 29.490, MACD = -335.510, ADX = 43.978) with the RSI being that low for the first time since September 30th 2022. By hitting also the S1 Zone and the bottom of the Channel Down, it becomes a buy opportunity for us, TP = 33,450 (P1).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Getting close to another support level on $DJI, SCALPING onlyAs stated many times, in & out. Get as much as you can and then WAIT, be PATIENT IF you want to hold longer. It could be a while before we get another good longer term buy opportunity.
As stated before, SCALPING quick moves.
Most of these were not huge moves BUT Put premiums did lessen & provided 10-25% in minutes.
$MSFT went from 249 - 252
$ZS 106 - 108.5
$TSLA 170 -177
$COIN 53-55.2
$RUN 21.9 - 22.95
Picked up some gold miners $BTG $KGC Possible consolidation in the industry.
SPX | Early AccessI have posted about this chart before, but I wanted to show it more clearly this time.
Above we see SPX, the standard chart. Below we see a custom index I invented, which is VVIX/VIX. It is a neat way to make sense of the chaotic nature of VIX. To clear things out, I have hidden both charts and instead I show an indicator called WLSMA. It is tremendously helpful to smoothen the "fog" the standard chart creates. In the end I will add the link to the inventor.
I took great care on drawing these trendlines. I tried to get into the mind of the investor back then, and drew the lines that best made sense, and could provide some actual meaning.
On the chart, red arrows are drawn. These are the times when the VVIX/VIX chart violates decisively it's trendline. On the same dates, I created arrows on the SPX chart to get an idea of just how early this method warns us. While this method may not be useful for traders (I am not a trader, I am just passionate analyzing charts), I find it incredibly interesting on how these two correlate, and make actual sense.
I find VIX by itself completely useless. Don't get triggered by what I said.
How on earth is VIX = 20 a good buy-in strategy? It is as about as useful as RSI getting below 80. Again don't get triggered by it and flame comments down below. Numbers and money don't mean nothing. It is perspective and values that make sense.
Now onto some charts:
In 2008 we were notified from VVIX/VIX all the way back in February of 2007, and got a confirmation on April of 2007. This is not a typo, 1 year before the GFC.
Curiously, this happened when FED's tightening schedule was near it's end.
Also interesting is the April-September period of 2008, when the VVIX/VIX chart showed signs of hope when it broke above it's trendline.
And compared to now:
We can conclude similarly for the 2010-2015 period.
And the 2016-2020 period.
And the 2020-2023 period of course.
Are we approaching this hopeful period before the crisis?
A comparison between 2008 and 2023, in the period of deadly hope.
Link to the inventor of the WLSMA indicator:
Tread lightly, for this is hallowed ground.
-Father Grigori
Highest $VIX has been in a long time, Stocks prepping for run?$VIX pumped hard these last 2 days
Was interesting that it hadn't done much considering how much the #markets had fallen.
However, it could be short term topping out as #stocks are oversold atm.
25 has been an issue for some time now.
Other data is showing that we are likely setting up for a nice run.
$DJI bouncing off Support levelEarly this open
RSI looks ok & is oversold. Not buy much but it's been a good amount of selling
Took advantage of this dib & went on buying spree. As we've been saying for some time, IN & OUT, scalps & short term trades.
We've also been SELLING PUTS to help reduce risk by bringing premium in. If the premium subsides a good amount we cover.
Not looking for home runs.
We should have an okay day today but a lot of damage has been done to #stocks.
$MSFT $TSLA $ZS $UDOW $TQQQ $RUN
Beginning to nibble on #GOLD miners $BTG $KGC $FNV doing well today
DOW JONES Any doubt we are completely off Bear limits anymore?This Dow Jones (DJI) from the start of the 2022 Bear Cycle until today with the 2007 - 2009 (Housing Crisis) Bear Cycle fractal plotted on it. As you see up until the mid October bottom, the two sequences practically traded in an identical way. Since then however, Dow has completely diverged from the 07/09 fractal and despite the late weakness, it is hard to claim that we are still in Bear Cycle territory.
Is there any doubt we are off Bear limits anymore?
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
$DJI dip bought yesterday paying off, $NDX #stocks BOUNCINGYesterday pointed out that we were using cash on that dip
We had sold decent amount couple days before from the longs of last week.
Bought (Sold puts) $MSFT $UDOW $TQQQ $RUN $ZS and others
With rates increasing & #FED staying hawkish how are we not going lower?
Maybe not here but we've stated before MANY times that #markets don't work, especially now, the way most think.
It's psychology & BIG MONEY moves how they see it.
$DJI can very well stay RANGEBOUND for a bit. Stayed this way for 2 weeks in December.
The indices are "easier" to track so find your fav company and use indices to trade around it.
SPX | A Trader's MindThe anxious moment when your investment goes through a period of slowdown or drop.
When everything is good, everyone is happy. Nobody thinks twice when a market is growing.
It's at that point of the first lower-low, when an investor loses their sleep. And it can be suffering when insomnia is prolonged.
The 2022 Recession will be remembered as the most confusing and pressured of all. One whole year later, and still we don't sleep all that well. We hoped that things would clear out by now. Instead, the situation is more confusing and chaotic than ever!
Being in a period of all-time-high records, I feel proud. Yet, the responsibility in my work is most important than ever.
And there are many records occurring right now...
For the first time, Money Supply has taken such a dramatic downturn, with an incredibly steep yield-curve inversion.
With 470B burned until now (M2SL chart) and with such a prolonged inversion, it seems that a new era begins right before our eyes. A period when money is scarcer and scarcer.
We were crying all these years that money loses it's value. Now that money is getting much more powerful, we are still crying.
This kind of mentality doesn't help us. It can certainly get us pretty far, but in the wrong direction. We should dedicate our thoughts and efforts into deciphering this incredible new era. I am not optimistic for this new era for many reasons, an explanation of these reasons is not fitting in a trading platform. We are facing serious humanitarian problems that we choose to avoid, or problems that we create (un)willingly.
To figure out what happens, we should begin thinking spherically. Isolating equities doesn't get us far. It is the balance of powers that is changing in an instant.
-- Tricky Bear Market Trendlines
Bear market analysis is not as simple as many expect. The bottom is not that easy to pinpoint. There are many bottoms that precede the terminal bottom. In each one, everyone trades as if the bottom is in. Most of these times, the bottom is not in...
I've seen innumerable charts this past year, claiming that the bottom is in and that we should trade it. Yet, none of them ended up true
Breakout, divergence, MA crossover, over and over and over again...
The same mentality occurred in previous recessions...
After these instances, more downside followed. Are we sure we are out of the woods?
-- Hollow Equities
The Stock Market is not what it used to be. The major indices are not priced just by stocks, but from derivatives also. The following chart attempts at calculating the percentage quantity of derivatives. The higher it gets, the more "hollow" prices get.
More info in the following idea:
How much should we trust index prices given that they are filled with weapons of mass destruction?
-- Cash instead of Stocks
From 1920 to 2020, Equities were the go-to investment. Currency was just the mechanism to buy into equities.
Now a paradigm change is beginning. Progressively higher yields and steady equities shape an entirely new understanding of what investment is. From investment in equities, to investing in money itself.
A horizontal movement is expected for DJI against yields. Equities can increase as much as yields allow them to. Not the other way around.
Until now, equities dictated yields. If equities stagnated, yields had to drop to stimulate the economy. Now, equities may increase only when yields allow them to. The FED is showing that rates will not lower even if this ends up in severe financial crises. Money has to remain strong for those who have it. In periods of war, financial advantage is more important than growth.
Surviving against the enemy is a priority. Talking about a paradigm shift!
-- Commodity Inflation
Commodity inflation is brewing. Now it is beyond brewing, it is getting explosive...
Inflation is getting so severe, that it is bull-flagging against money supply itself! At least according to my charts...
And if Bitcoin can be considered a commodity, it is showing the same dynamics as material commodities do. And in an even higher degree!
To NDQ Bulls, the big-tech bubble appears to have already ended!
Perhaps we have not seen just yet the dynamics Bitcoin can get. It is proving an investment that is progressively accumulating incredible amounts of idle wealth. High amounts of money are "parked" in Bitcoin, sitting idle.
This chart is very simplistic. One more experienced with Bitcoin analysis can make a more thorough analysis. If one of you does, please inform me because it is very interesting for me!
There is much more occuring. Housing is one important market, on which I am not experienced to analyze.
As a conclusion, I advise every TradingView user to concentrate their efforts into deciphering the future. In this new era of progressively stronger currency, equities and investments will not perform like they did the past 40 years of QE. There is much work to do for us to financially survive in this environment.
PS. To get something out of the way, I don't give trading advice. My charts are drawn with arrows so as to explain more easily my thought process. I post these ideas to provoke conversation and logical analysis. I can always be wrong in my thought process. If you disagree with a chart, please disprove it with a chart. Not with texts of semi-logical reasoning and by calling me crazy or conspiracy theorist.
Of course any comments and corrections are welcome! It is when you want to disprove something that requires you to send counter-evidence.
Tread lightly, for this is hallowed ground.
-Father Grigori
DOW JONES The opportunity to buy again is NOWWe have been following this Triangle pattern on Dow Jones (DJI) trading within what we called the 'High Volatility region' since last year, with are last buy signal given 1 week ago:
The 33400 target was reached and yesterday's rejection on the 4H MA200 (orange trend-line) is providing us with a new opportunity to buy. We have a confirmed Triple Bottom ranging from November 09 2022 and today's low makes a Higher Lows sequence similar to what followed after the December 20 2022 Low on the 32480 Support. Even the 4H CCI is on the exact same levels as December.
Target 1 is again 33400 and Target 2 is 34350 assuming the index breaks and closes a 1D candle above the Pivot Zone and then re-tests it successfully as a Support.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
DJI Possible Drop Incoming for 2023Good morning, Traders. Right now, weekly timeframe looking like some minor up movement is still possible, but don't let that move fool you. Monthly timeframe printed a HUGE bullish engulfing candle, if that level is broken, I am expecting DJI to drop down to the 28k level.
Projecting the first half of the 2023 will not be great for the stock market maybe the entire 2023. Only time will tell...
Well, that's it for today, Happy holidays everyone and have a great rest of the years! Happy Trading!
SPX | The Everything BubbleSPX vs Inflation is a chart I explained in the following idea.
While this chart showed incredible golden-ratio behavior, there are some periods which stand out. The smooth dance of the ratio throughout the last 100 years, has some quirks (the red ellipses). These periods are not random, they all feature a bubble behavior. It is clear as day that in 1996 the .com bubble formed, which caused SPX to return to trend in 2003.
The 2004-2008 stock market growth and the Great Financial Crisis are not apparent, since they are part of The Great 2000 Recession. They are in the middle of a long-term downwards trend.
So where does this leave us? If this chart has any meaning, we are in the middle of the air, with incalculable drop for the chart in the future...
One target can be pinpointed using probable fib-extensions, using retracements drawn from important highs and lows.
It is 12 times lower than now, or 92% drop. It depends on how you look at it...
PS. I know that charts don't go back in time. The red arrow is drawn towards the left for aesthetic reasons.
Who knows how far downwards is the trend now...
PS2. I invented a new name for the Head and Shoulders pattern. I call it Cerberus, the three-headed beast guarding the Underworld.
Look at it in action:
The tail of Cerberus is a dragon's head spewing flames, which in trading would be a bull-flag.
Chart taken from SPY_Master
Tread lightly, for this is hallowed ground.
-Father Grigori
SPX | The cake is a lieThis is not the 2008 Recession. This is deception. This is the Recession nobody remembers.
SPX by itself doesn't show the entire truth. The monster of QE clouds your vision, clouds your judgement. It's strength, it's pressure pushes everything upwards so much. Too much... Until you are in a delusion.
The 2020 Black Swan was not black. He was in the shadows. One of the lights that can help you see him is the SPX*US10Y chart. In the "Related Ideas" there is the link to the inventor of the chart.
This is the 2020 Black Swan we all witnessed.
This is the 2018 Recession that really happened.
For reference, this is the modified chart from 2008.
And the chart from 2022.
Pattern taken from 2008 and fits like a glove.
We are also in UTAD, in a long-term Wyckoff Distribution.
Is it a conspiracy theory? It could be. The easiest method of manipulating the economy is with bonds. They make them and they define the base yield. So in theory and in practice, they can affect the economy any way they want. In short, they could in theory hide a recession in an ocean of money, in the era of information and QE.
They are after your money. They will do anything to take them. Watch out. Who knows what trap they will set up now...
Tread lightly, for this is hallowed ground.
-Father Grigori
Intraday Bullish setup on DJIOn a weekly chart, the price broke above the upper band of an expanding wedge channel, now it just made its second retest of the upper band- making that level a bit more stronger (provided it does not get broken).
So, i am having 2 bias, one is mid-term bullish bias as shown in the above chart. A break above the Intraday - OB followed by a retest would mean that buyers are still very much interested in riding the price back up.
Alternatively, if the price break down and fall back inside the wedge (weekly) then the FVG could get filled up and it's going to be a quick bearish down pour.
So, stay close and watch how it plays out.
AW Dow Jones Analysis - Final Move Before Crash In Progress...In my previous video I highlighted exactly what I thought was going to happen and thus far it has materialized.
The level of detail in that video goes to show how precise AriasWave can be when used correctly.
This kind of analysis cannot be found anywhere and if you think that's funny you should see the bigger picture.
Slowly but surely, I am formulating a view that will more accurately be able to predict the next moves in the market for years to come.
My two favorite charts to understand this process are the Dow Jones and Bitcoin.
With the guide of the 10-year bond yields analysis it serves and the indicator for when the Fed will tighten versus stimulate.
With the help of the US Dollar and Euro analysis I can also make the prediction that a fairly decent bull market awaits us in the years to come.
I have linked some related ideas down below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
20 Reasons for buy US30 Dowjones 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: Super Bullish and already swept multiyear Liquidity NO weakness here back to back High
2:📆Monthly: The bulls Are so much in power After form, and Valid Hidg prices Are Also confirmed Valid low to And making a Monthly Flag type pattern A continuation sign toward the upside
3:📅Weekly: After a Choch price, we cannot break the previous Pullback and take more robust Support here. also, a weekly FVG and OB
4:🕛Daily: A valid Higher Low and a Proper wick off Spring After tab Daily OB here a strong bull reversal patterns also appeared, so we need to seek only buy entries from here
😇7 Dimension analysis
🟢 analysis time frame: H4
5: 1 Price Structure: Sideways after a bearish Trap On recent low
6: 2 Pattern Candle/Chart: Bouble Bottom, Bearish TRap, Sharinking Candle, Move Start with Gap ups, and also makes a poll and flag type pattern here everything BUllish
7: 3 Volume:
8: 4 Momentum UNCONVENTIONAL Rsi: Taking resistance on 60 levels that indicate just for sometime price may halt here, and complete flag patterns on h4 but may not go down 33310 level because here h4 FVG a strong support
9: 5 Volatility measure Bollinger bands: even it on above middle band after a w pattern, but we need a strong upside breakout or proper structure even on 1min tf
10: 6 Strength ADX: DMi cross bulls are in strength right now
11: 7 Sentiment ROC: USD is weaker indices are stronger
✔️ Entry Time Frame: 15M
12: Entry TF Structure: bullish and retest their 1st OB also make a bullish momentum candle
13: entry move: just impulsive move is started
14: Support resistance base: 15 min ob Support
15: FIB: trigger event occurred, and even the trend line also broke
☑️ final comments: Buy
16: 💡decision: Buy
17: 🚀Entry: 33433
18: ✋Stop losel: 33299
19: 🎯Take profit: 34167
20: 😊Risk to reward Ratio: 1:5
🕛 Excepted Duration: 4 day
DOW JONES: Hit all of our targets. Expect a retrace.As Dow Jones hit the 4H MA200 today turning 4H technicals overbought (RSI = 71.290, MACD = 117.130, ADX = 48.966) it also achieved the two targets we set last week:
Our whole plan was based on the huge demand on the November Support and the fact that the previous drop to that Support was very similar to February's. If this continues to hold, then we are at the part of the sequence as denoted by the circles. A retrace to Fibonacci 0.382 level would be very reasonable technically and once the 4H RSI turns neutral again below 55.000, we will buy again and target Fibonacci 0.786 (TP = 34,050).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##