UVXY and ETF ShortIt's high time we accept the new reality of the inverted reality. The week of July 25th was perhaps one of the most volatile in a long time. Why? We had CPI report, earnings, and Fed Rate Hike.
What did volatility indecies like UVXY do? They sold off. It doesn't take too much logic and common sense to see something egregiously fraudulent is taking place when companies miss earnings, and their stock price rally. Or, in the grander scheme of things, horrible economic data sends markets rallying.
At this point, the market has become a literal casino gambling machine with luck, not technical analysis, economic data, geopolitical issues, trends, patterns having ANY influence. It's simply a yes or no by someone or some people at the top who dictates the move of the market.
I believe now that retail investors are at their smallest ownership of equities, the volatility index and ETFs like UVXY no longer really apply. Why? Institutions, computers, and algorithms can not panic or feel fear, only retail investors aka human aspect can. This is why you no longer see significant sell offs when there is bad news like a possible Taiwan invasion or conflict with the US.
So in conclusion, at this point, its best to get calls on pretty much anything. AMC, BBBY, Apple and others go up without reason. BestBuy stated they would see losses in Q3, and that rallied their stock. Nothing can bring this market down, so I wouldn't even be scared about getting calls, investing and waiting as your portfolio grows even in the worst of it. Perhaps actual WWIII would send markets to new record highs.
Short the volatility ETFs, UVXY, SQQQ, SDOW, SPXS, misc.. because they're destined to collapsed even if the world was on fire and there were 50% unemployment. I think the stock market is everyone's financial safety with no risks of losing money at this point.
DIA
COMMODITIES (OIL ) vs EQUITIES ( DIA)In this chart, I have plotted the ratio of the price of the USOIL ETF over the DIA, which is the broad ETF for the DJI.
The chart shows the USOIL ETF has been stronger than the DIA until the market lows in mid June after which
the DIA rebounded while hot oil prices cooled off.
The analysis would be is that oil prices may be relatively undervalued at present and so represent a potential
basement sale at a time when the federal goverment just approved a vast upgrade in oil leases on federal land.
If investing in big oil at this time ( like Warren Buffet) what stock or ETF trade would you be inclined to take? AMEX:USO
Bitcoin to 3.7k then 250k? Fundamentals extremely bearishThe stock market will crash, it barely down 2% from this local top of 4300, imagine it going to 2900 as bottom, around a 40% crash BTC will go down so hard it is not funny anymore, Michael Burry warned that previous crashes all had something similar in common, now this cycle has ALL OF THEM. Whats more people speculate on stocks that dont justify the earning, we barely dumped and BTC is already at 20k. Winter is coming and demand for oil and gas is going UP, the DXY will RISE. MT GOX BTC 150k. Whats worse we going to close first time history montly BELOW 200 WMA.
next top
dom 40%
btc market cap 53000 = 1t
40% of 12t = 4.8
53000x4.8 = 250k
TOP WAVE STRUCTURE AVG BEAR MARKET 120 YEARS OF DATA CYCLES We have now most likely seen the turn . we will for the most part have the Bulls staying it is a re test and a bear trap into this OCT . But it is not most of the rallies going forward until we drop in 2700 to 1890 on the sp 500 will at most be.382 to 50 % . The Battle between Inflated assets { Debt based } And Food costs due the Drought cycles and Population and coming default cycles . Did I mention the Baby boomers are at 26.7% of USA Population . and that this JAN 2023 SSA IS GOING UP A SMALL 9.8 TO 11.5 % . SO the standard of living of our children is about to break down . You will own Nothing and be happy !! . DID any of you think the war in eastern UKRAINE is about PUTIN . is is about RESOURCES NAT GAS and WHEAT aka FERTILE lands . The Water wars are set to begin . FARM LAND OIL N GAS and WATER are the only assets of VALUE . fiat money and Crypto are only used as a balance sheet . new home sale are breaking down due the steady increase of interest rates 40 year Bubble see Tulip mania and those who have a low rate are trap unable to sell as they would just be hot with the higher rates in the new purchase trapped as well as housing and stock prices over 120 of data we Always revert back to the MEAN..I have always lived by a few rules in investing my 40 plus years . 1] Never use debt in your life live well below your means 2] treat money like water in the desert 3 know that every Bull market is induced by the expansion of a form of DEBT and or the devalue of a fiat currency . to create employment to CONTROL the masses . see cares act 2020 expansion Money velocity to a total of 40 % of ALL money in US history . I learned at a young age from one of the riches men in the US from strong hands to weak and from weak hands back to strong on the CHEAP see 1907 1929 1973 2000 2007 2022 charts . I also asked him how do people get rich > He told there are two ways Inherit it and steal others people money .! he asked me what did I think So I said to him . then the simple life and man is the richest man for he does not want but to live a life of peaceful and simple for the GIFT OF LIFE n time are the true riches . I MENTION 1960 TIME VS NOW for GOOD REASON YOUNGEST USA PRESIDENT WAS LIGHT Till he Talked of the Secret Societies . That COVERT its citizens AND WAS SLAIN 3 weeks later . To Now The OLDEST US PRESIDENT A Time of DARKNESS AND DIVIDE AND CONTROL EVERYTHINK FROM WHAT IS A MALE OR FEMALE TO THE COLOR OF EACH OTHER SKIN FROM LAW N ORDER N PEACE TO HATE FEAR ALL . IN LATE 2021 I DID TELL YOU THE WAR CYCLE IS NEAR . 1917 10 % DIED in that revolution 1945 revolution 45 million died US CIVIL WAR NEAR 3% . And in Nov we will start to see a battle over the next two years with the Promises . this battle is Communism within the USA it is all based on the growth of the population exceeding. its natural growth and depletion of water . . remember this nov VOTE no matter what . if you DO NOT then stand ready to have everything you think cant happen in AMERICAN IS ABOUT TO . BEST OF TRADES WAVETIMER !!!
Heavy resistance at 0.012c - expect a short term reset to 0.0083I saw heavy sell orders in Binance around 0.012 mark. Though the sell orders aren't that massive - around 50 million LINA
BTC, SPX RSI shows overbought conditions, a correction is due, this will reset LINA too.
Though RSI shows bottoming process in LINA, the Huobi one is most accurate, because it was listed first over there. Actual price of LINA was 0.001 during listing but we went to
0.021 on listing day then 0.005, this isn't listed anywhere on TradingView.
The supply was three to four times less around 2021 Q1. at 40 M market cap we were around 0.04 price range, now at 40M cap we are around 0.01.
APY fluctuated between 80% at 0.10 and 160% at 0.005, now it is 95% at 0.001, which is still good fundamentally.
A bullish scenario for DIATake profit level: $333.
DIA is extremely liquid, with huge assets and a long track record. The fund's UIT structure is shared by a few other long-lived ETFs (like SPY), with the most notable effects being a slight cash drag since stock dividends received in between the ETF's distributions can't be reinvested as is typically the case.
DJI to $14,500 in July 2032?Do we revert to the 50 year mean in 2032? That would put the Dow at 14,500 in 2032 if the cycle repeats.
Found it very interesting that it was exactly 50 years to get a low & bounce from the Great Depression bottom.
Every mega bear market is different so IF this is the start of another mega bear market that takes us to the lower blue line on this log chart then I doubt it will be labeled "Great Depression or Stagflation".
Great Depression-Lasted 3 years
Stagflation-Lasted 16.5 years
Jan 2022-July 2032=10.5 years (16.5+3=19.5 years and then divide that by 2 and you could conceivably say 10.5 years of whatever we will call it does make sense from a timeframe perspective).
Either way, IFFFF we are in a mega bear market the chart won't look identical to either the Great Depression nor Stagflation...it will have it's own uniqueness and it's own name.
For now, I'm just looking for the open weekly gaps on the DJI to get cleared seeing as those have ALWAYS cleared. Open weekly gaps are at 28,495.05 and 24,718.46
US DOLLAR/ Dollar dips on FED hike viewThe US DOLLAR has topped out and now beginning it correction. This is very bullish/positive for US Stocks for a new "potential" indication set up for them to breakout on a impulsive wave up.
It had touched my previous forecast of 110 as my last target.
Federal Reserve will take a more aggressive approach in hiking interest rates next week.
Expectations for a 100 basis points rate hike by the Fed at its policy meeting next week stood at about 29%, according to CME's FedWatch Tool after reaching as high as 80% last week.
The Fed seems to be leaning more towards 75 basis points than to 100 basis points," said Jim Barnes, director of fixed income at Bryn Mawr Trust.
A strong start to the trading session for stocks on Wall Street fizzled out, however, as a drop in Apple Inc (AAPL) weighed following a Bloomberg report that the iPhone maker plans to slow hiring and spending growth next year in some units to cope with a potential economic downturn
TOP WAVE STRUCTURE I AM NOW 50 % NET SHORT DIA SPY QQQ and long VIX We are in a zig zag and a triangle patterns within the choppy phase see updated forecast a quote A up down up pattern will form before the wave 5 down or a larger wave B into a low 3588 to 3488 focus 3511 NO real change to this forecast There is NO more Bull market it ended
Adam and Eve pattern, target 118, resistance also there. Falling wedge above support, now about to reach resistance of 118, and also target of Adam Eve pattern. I expect a descending triangle after that.
This coincides with 10 year stock reset and 4 year crypto cycle. Time frame is a little bit too long, my excuses for that. I think from December 2022 till May 2023 we might see DXY finally going down. 2024 and 2025 is bull
NEW WAVE B LOW COMING 3588/3490 FOCUS 3511 So far the first leg of the bear market has come to an end we had a very clear abc rally for wave A up we should now see an abc drop into a new low at which time I will be going long once again the last wave gave us my 10 to 14 % based in the trow and qqq and perfect in spy target 393 . I have taken profits on ALL trades and will wait till july 5th . once the next shoe falls this will then see the next rally to 4110 to 4180 that will mark the summer peak then the CRASH WAVE into the week of OCT 4TH .THAT WILL BE THE LOW . BEST OF TRADES WAVETIMER ! GOD BLESS THESE UNTIED STATES
13k Q4 2022; Sept 2024 160k. analysis since day 1 of BTCThis is a very detailed analysis by Dia, I won't post till Q4 2022.
- I see believe in 4 year cycles, average bull cycle is 800 days, and average bear market is 400 days, the other 200 I called ''neutral'' days where market switches between them.
- Macro economics are very bearish , including stocks, more downside is definitely expected to keep inflation under control, SP500 is big bull channel ready to break down
- TOTAL crypto cap is 914 b, next support is at 755 and 455 respectively, current crypto cap will not hold and 50% correction is definitely on the table (ascending wedge )
- The entire 30 to 60k symmetrical triangle structure has broken down, I notice every time a support line of previous bull run is broken, the last one will become support (the dotted lines). This is a very ugly break down and if people say bitcoin is DEAD and they show this chart, they can be right for the first time in history.
- the 30k and 60k triangle can be manipulated into a falling wedge , that coinicides with Q4 of every 4th year of bull run being the bottom and support line from previous bull run touching there exactly to the point
-looking at rsi we still actually just entered bear market territory (monthly stoch rsi under 10), bear market is around 40 to 50% finished. Still have a year or so to go roughly
CURRENT STRATEGY
DO NOT TRY TO TRADE IT (I shorted FLM and UNFI and lost 76% of my portfolio in 1 month)! Between now and end of 2022, DCA in coins, tokens that you believe in and look strong. THIS IS THE OPPORTUNITY OF YOUR LIFE!
Some Sort of a Low (DIA...'The Dow')DIA has been the ‘tell’ so far in 2022. Recall that 295 was marked as a big number and Friday’s low was 296.39. Close enough! Friday’s low was right on the channel line and a hair above the 200 week average (thick red line). After today’s strong action, my view is that the long side is viable until further notice.
-Jamie Saettele
DIA Historical CorrectionsThis is a macro perspective on the cycles of DIA.
I want to focus on all time highs and the corrections that come after.
Currently DIA is sitting at about a 19% decrease from all time high value.
As the chart suggests, this market could drop even further. Don't be surprised if it does. These things happen.
BTC will bottom at 12k, accumulation 12k and 19k, 2025 135kIf we break 20k and flip it to resistance then we will indeed go to 12k levels, where there is big support.
This is possible from fundamental analysis
1. more rate hikes for about three quarters
2. stock market has not bottomed out, there is support coming in, though
3. borrow protocols like celsius and 3ac who needs to be liquidated
4. 4 year cycle respected
Adam and Eve inverted pattern is also very strong, don't underestimate it
TOP WAVE STRUCTURE STILL WORKING As we come closer to the end of the first leg down in the Bear Market . We are setup for a monster rally of 11 to 14% My last call was 5.8 to 10.8 and we popped 9.2 to 10.3 . The real crash is still into oct 4 th week That will be anywhere from 3250 to 2250 with the ideal target in the 2770 area . AS I FEEL THE US $ IS TOPPING NOW . BITCOIN i TOOK A LONG AT 23600 AND WILL ADD AT 18600