It is what it is. More boring Price action, they sell to target and we go up. There is nothing hard to understand about this. If that is difficult for you to understand, then good. Watch the video and listen. I make 18-20 minute videos regularly not to say what I think is going to happen, but to EXPLAIN why I think it will happen and how I analyze. I may have...
Pretty much my thoughts on this coming week. This shows exactly what I am looking for from NDQ, SPY, APPL, DJI and some others.
Main Idea Update Page: How I analyze market - 20 Minute Video - Worth watching:
Its a good video to skim through and see if you like this Schiff Pitchfork's placement and values and take the values and use it for yourself. That is what would make me the happiest. I think on the 4hr and 1hr BTC looks ok-good, but on the other timelines it looks horrible. We are near the main trend line. It historically has come back to this line to touch when...
S&P 500 Levels / 34 Mo 2500 / 500 Double Hull 2050 / 340 Mo 1250
Each Time SLV collapses... it falls back to at least 500 Double Hull
You'll note the 34 pulls thru, the pricing data runs back to 500 Double Hull and that's the shove off for most direction changes as shown in this graph of IMGN... Expecting significant upside based on my daily momentum model. brschultz
Favorite MA's: 34 SMA 340 SMA 500 DOUBLEHULL
Like 2000, Like 2008, Like late 2015, and now...
Best Crashes have been the fruit of the 34 Day SMA compressing against the 500 DoubleHull MA in 2008. I believe we are currently in a bear market which will bottom in March 2020 - June 2020 brschultz
Guessing the 500 Double Hull MA is about to provide Powerful Support for the 34 day SMA here.. brschultz : markettimer777
I think we are in a bear market until March 2020 You can see from history the 34 has bounced off the Double Hull 500. We are approaching... will see if this ties out to my short term momentum model that i am testing ( maybe a Feb 5th peak for short term markets? ). brschultz : markettimer777