another great rally incoming! dont miss it! may get another dip and its one to be bought! if you dont trust the rally just please, dont short!
Eliotwave
possibly looking at a pullback from these areas..think its only the start of the move up, but def one you want to be careful taking part in. i am long but with caution. 3090 or 3200 are the 2 levels im looking for this to end, not sure which it will be, lets see!
market will top when google does!google adds up the best, everything is textbook.. i bet once this is done itll be a clear call that this rally is done. My current PT for this beast is shown.. about 9% higher from here..
could we be ending our supercycle from 08?who knows.. just bored but this oddly lines up... idk maybe we are in for some more pain! even if thats the case, we will have one of the greatest rallies of all time so theres that..
the only tech stock i think wont go up immediately THIS IS OK! if msft slacks we can still run, however id bet if we run like i expect it to this will be invalidated and just run with everything else.. time will tell, but if your day trading and bullish there are far better set ups. For now a #DONTTOUCH
amazons got another small rally in it, along with the S&Pthink this still has some small upside, but not enough to justify the risk, this is a big #DONTTOUCH.
Even if you were to short this thing it wouldnt be worth it, it can go on a shopify type euphoric run that just doesnt stop and honestly i would respect it much more then shopifys.. its f**kin amazon!
possibilities for the future of the market i think the low is in, ithink the big companies will only get bigger and emerge stronger as consumers flock to what they know to be quality, well known established brands.
Anyway, i still feel this is the beginning of the next bull market, whether its 2-3 years or till election we should see some serious euphoria if my analysis holds true. time will tell, lets see!
Follow my twitter for more updates! @jose_spy1 i offer sometimes hour by hour updates but def daily ones, opinion changes with the market, this is merely me thinking out loud.. if im wrong id be first to admit, lets see how this goes!
Should add, im preparing for short term correction after this move i have laid out.. but think general market direction will be up. GOODNIGHT/MORNING/DAY
GBPCHF 1D Sell Opportunity Engulfing Bearish :
Indication : Bearish reversal
Reliability : Medium
DescriptionOccurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn't need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns.
It is a major reversal signal.
Factors that are increasing this signal's reliability:
1) The first candlestick has a very small real body and the second candlestick a very large real body.
2) The pattern appears after a protracted or very fast move.
3) Heavy volume on the second black candlestick.
4) The second candlestick engulfs more than one real body.
BTC Short sharp SURGE.BTC is forming triangle near strong price level representing green wave- 4 , that point out to probable sharp surge representing green wave 5.
STAY AT HOME DUMPthis will tank, whether its a good buy on the dip is up to you but im looking for this to happen in the coming days, 15%. A B C is not drawn to scale dont use those figures. targeting a top of around 461
GOLD near probable final REVERSESo in spite of the fact that FED begin quantitative easing and rates are close to ZERO, GOLD has not significant increase, that point out to near final reverse and end of wave B. In addition number of BULLS in this market is enormous in comparison with BEARS, that is one of considerable features of the end of wave B. The third factor is that wave 5 in wave B is presumably triangle or wedge, that is much more possible at the end of the pattern.
a play im very confident in everything is drawn to scale so feel free to play the levels exactly, i will post updates on my twitter @jose_spy1 if you want to get more accurate counts as the day passes, thanks!
disclaimer: i love tesla and this is merely a technical play, i think its a buy from this area! but wont rule out the possibility of this buy wave A of a much larger ABC, this stock is rich whether you like tesla or not!
UK100 Watch for BUY SETUPSHi traders,
Keep your eyes on lower time frame for your buy setups.
Be careful and make sure you will not buy on trend line.
AUDUSD SHORT DAILYEliot wave correction, aussie printed an impulse upwards and is due an ABC correction
