US Markets Cleared For A 13% to 24% Rally - Get SomeThis video highlights why I believe the US markets are ready to make a big move higher over the next 12 to 24+ months.
Many people suggest the markets will crack or crash, or we will experience some black/grey swan event. I'm afraid I have to disagree with this belief.
Yes, there is always a chance we will see some market event. However, to disrupt the US/global economy, there would have to be some event that disrupts the world, not just one or two smaller countries.
I do believe the US is making a broad transition into the 21st century, and new leadership (Govt) is required to make that happen.
But I also believe the seeds have been planted for exponential growth over the next 10-20+ years - and many traders are too focused on the crash dummies to see the real potential.
Watch this video. Share your comments if you like.
I believe we will see pullbacks and rotations on the way up - but I don't think we'll see any big crash event until after 2031 (or later).
Get some. This is going to be BIG.
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DIA
Prepare For The BOT COM BUBBLE (Starting 2026 & Beyond)I spent quite a bit of time this weekend going over my custom indexes and other research data to try to identify what and how the Vortex Rally I predicted would take shape.
I mentioned something to my followers/subscribers last week about how today feels like the early 1990s (1991-1994 roughly). At that time, interest rates were just dropping from all-time highs and the general markets were in a bit of stagflation. People were not actively investing in homes or other big assets because it was not clear what the future would bring.
The US government has just gone through the Regan Era - where spending on Starwars and other projects were considered Excessive - but that translated into a massive technology boom-cycle in the last 1990s.
Are we going to see the same type of explosion with Robotics and AI over the next 10-20+ years.
Will that lead to a massive rally phase (global & space growth industries) over the next 50+ years?
How will humanity react to a massive robotics expansion where jobs and services may be replaced by robots?
What will this transition lead to - some new type of human society/expectation where we can actually live a life dedicated to improving the human experience vs. working our entire life?
Watch this video. Pay attention to my research.
If I'm right - we are about to move into a very explosive market phase and smart traders should prepare for this move NOW.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Bulls Say "Can't Stop Won't Stop" - S&P 1% from All-Time HighsIt's as if the markets couldn't wait to open on Monday and continue what they've been doing for 9 of 11 trading days - push higher.
S&P +.96%
Nasdaq +1.31%
Dow +.58%
Russell 1.22%
For a Monday, it was a pretty directional day.
Wed-Fri is when the US news hits (FOMC Minutes, PMI, Jackson Hole, Powell Speech) so let's see if the party bus continues to rock until something forces a pause.
S&P is a mere 1% off of the all-time highs. All of these comebacks are mighty impressive considering it's the bears that usually accelerate the direction - these bulls are highly motivated.
Weekly Recap & Market Forecast $SPX (July 21st —>July 26th)Market Forecast (Updated 07/21/2024)
**SPX**-Rotation into small caps and industrial stocks continue, which led to more sell off in SPX
We have a lot of earnings coming up this week so that can shift the direction of the market as well.
Next resistance $5655and $5688
Next support $5521 and 5428
Weekly Sentiment = Bearish
**Chart Analysis:**
()
**Dollar Index:**
DXY- Looks like the dollar index found support as the euro weakens. Which means we could see further drop in SPX.
Next resistance $105.90
Support $104
Sentiment = Crossover to upside
**Put to call Ratio: 1.31 —> 1.15
Next FOMC date: July 31, 2024**
**Fear & Greed Index: 56—>49**
DIA - short, short-term and neutral long-termDIA - I'm short to 0.36. We've hit peak greed zone so I expect profit takers who bought in at 0.31 to be active, at least until things chill out a bit. I put a path on what I think it will do...but it might take a week to flush out sellers and find a bid.
High for 2024 5554/5631 focus 5591 wave 3 TOP wave 4 decline set The relationships from the peak 0f 3391 2020 to the low 2191 and 4818 and 3491 all have a clear fib relationship . I can now feel that the relationship if it was to continue as I think into Oct panic low which is about 4690 4710 area to mark wave 4 of super cycle diagonal . I have the 5 th wave target at 6088/6181 as the end of the bull market low march 9th 2009 best of trades WAVETIMER !
DIA if today is wave B or 2The chart of the dow jones tracking stock DIA if today lows hold we could then see a run to two targets fist is 393.1 BEAR wave count alt is a rally to .786 where wave A or 1 equal 1.618 at a .786 Reason TLT has now broke above fib res and this should be a positive for the BANKS
SP500 I am moving to a 90% short today on any new high 5370I will now move to a 90 % long in the money puts in spy and qqq for march 2025 on any new high today . I see the wave structure ending a nice 5 WAVES up and I am worried about the DIA formation it could be a wave B if this is right then we will see a sharp decline on NEWS over the next 10 td and drop 3.5 to 5.1 % Vix also should see a new LOW .SO I am moving short today
$TSLA Range Bound Trade?NASDAQ:TSLA I took a trading position in this yesterday at $169.55. The idea was that once I saw price rejection after the low of 167.41, it is a reversal play. There is still a good deal of resistance around that blue horizontal line. My idea or thought is that this has been range bound for some time as such it very well could go to that resistance area around $179 which is about a 5% move from my entry. I plan on selling some into that area and then decide to hold or sale if does or does not climb over that area.
The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
$MASI Cup with Handle Formation?NASDAQ:MASI This one has been in a longer-term downtrend which broke out in March then failed. When looking at the weekly chart, it looks to me that this latest formation can be classified as a Cup w/Handle.
In addition to the Cup w/Handle formation it has come down, tested and bounced off the 40 Week MA (White line) which seems to have acted as support.
I had an alert on the higher downtrend line as a trigger for a breakout of the Cup w/ Handle formation. It triggered today so I have opened a ½ size position with a stop on a close below the 40 Week MA. Which is a 4% stop. Now I can only manage risk, but I will look to add on follow through. All TBD.
The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
$TSLA Right at Resistance.NASDAQ:TSLA I had an alert set on the Area of Resistance Line on this chart. It triggered this morning and I have taken a ½ size position in anticipation of that becoming support. I do not know if it will play out that way so I have a stop under the 50 DMA (red) which would a 4% position risk. Should it move up and over the resistance area I will look to add. All TBD.
The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
$XBI Looking to Breakout (Again)?AMEX:XBI Firstly, I may have an unhealthy attraction to this ETF. I have been in and out of this ETF a number of times over the last few months and overall, just a few $ profit.
Having said that this has been basing Since January 2022. The longer the base the bigger the break, or so the Wall Street Axiom goes. It did breakout in February 2024 and quickly failed (I have a link below of my last idea). And there is another idiom: from failed moves come fast moves, and it did move quickly down. Now it is back to the original breakout “area” so this may have been a simple shakeout.
Here is what I like about it now: It looks to have gotten support near the 40 Week MA. It looks to be regaining the 10 Week MA (Yellow) and is solidly above the 5 Week MA. This weekly chart looks much better than the daily chart.
This is my plan, “if” the market is doing well this coming week and this moves above last week’s close of $91.18 I plan on opening a new position with a maximum stop below last week’s low of 87.68 which is about a 4% position risk. My thesis is that it can easily go back to retest the 103 – 104 area which would be about a 10% gain.
My idea, your money. If you decide you like this idea, make sure that it fits with your trading plan on your timeframe.
The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out.
Comments always welcome. Thanks for looking.
This is and has been my wave count as a TOP115% short now The posted best reflects my view within the wave structure . as The VIX has entered the 12.74/12.4 For months I been calling for two targetin the based on 2000 peak and the 2007 peaks they were 5261 gann 2000 peak of 1555,5 and 2007 peak 5331 I am net long puts in qqq and spy till I see otherwise
$FSLR Entering Stage 2 Breakout?NASDAQ:FSLR I have been watching FSLR since Feb 27th earnings. It has been whipping around in a range but in doing so it has managed to keep putting in Higher Lows. The pure definition of an uptrend. They reported earnings again on May 1st and beat expectations. Their guidance was simply in line with future estimates. However, they have gotten several upgrades to Buy or Outperform in the last 2 days, most in the $220 to $250 range.
I have started a full-sized position today with a stop just below the lower band of the current consolidation. “If” the market holds up I expect that FSLR will outperform and could easily run 20% to 30%. Only time will tell.
For a true breakout to happen it will have to get above that flat line on the current flat base. However, I like early entries closer to the 20 EMA. If you decide this trade looks good to you, please make sure it fits your trading rules. My idea but your money.
The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
$XBI Breaks Out of DowntrendAMEX:XBI I put this trade on yesterday morning as it broke above the short term downtrend line. However, I closed it near the end of day as the whole market was giving up its gains. (I did make a small profit).
I am now back in it again as it regains the 20 EMA (green). My stop is just below today’s low which also corresponds with the 20 EMA.
It looks like there “could” be resistance in the area it is trading today. I think if it can get over yesterday’s high, we could see it test the 50 DMA in red above. That is about $4 above where it is trading currently. All to be determined.
I did have a trade idea on this back on March 17th. Link to that idea below.
The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
TOP IN SPY 513 area I can now count the move up from 4954 two ways a simple abc rally into .618 or the chart posted 5 wave up for a wave A I lead towards the ABC both had the math into the same targets . I have moved out of the longs 75 % to zero and moved into 35 to 40 % long PUTS best of trades WAVETIMER trade # 23 for 23