Get started

Indicies

Bearish DIv on the DJIThe market is extremely overheated, overbought, and is reaching a peak. US equities have been going up since March '20 and some traders are worried about a looming depression. The concern is valid. The government keeps printing money, spending money, raising the debt ceiling, COVID is STILL spreading, CDC changing guidance, tapering, interest rates, etc! YA-da-ya-da. IT feels like there are so many moving parts - how do you make sense of them? You just look at the charts and cut out the noise! After further review, the stock market is going to crash, it is just a matter of when and why. I believe the catalyst will be a news event that causes a massive sell-off, then, a dead cat bounce, followed by risk off event that sends US equities in a multiyear depression. Looking at the yearly chart of the $DJI from 1987-2021. There is massive bearish divergence there. There is even bearish divergence from '87-'21 on the RSI! EVERYTHING is overbought. COVID accelerated the transition to digitization and increased people's dependence on the internet. People are saving way more now too which is why the velocity of money has decreased... people are buying assets, houses, gold, and bitcoin. People are waking up and realizing that the US government has been debasing our currency since 1970. And they will continue to do so! People want to own assets, people want to save, people want to be protected from inflation. Robinhood helped democratize trading and access to the stock market and retail has played an increasingly important role in the market. I believe the market is set to crash next summer and that there will be a multiyear depression. Hyperinflation or stagflation seem to be the most likely scenarios as well. Runaway inflation will be the story. Biden's administration will be the scapegoat. Because let's be honest, every president is only concerned about one thing: getting RE-ELECTED. They don't care how much money they have to print, how much money they have to raise or how much debt they have to finance. Every politician, from Reagan, to Bush, to Obama to Biden, has continued to destroy the US currency. It will be no different with next president we "elect". In other words, Biden's administration is scapegoat for all of Washington and every state actor who has a role in fiscal and monetary policy. The market is overvalued, propped up by fear and a QE, and is facing a whirlwind of negatives to start 2022. The companies that survive this multiyear depression, will come out twice as strong. HODL. Buy Bitcoin. Best of Luck,
TVC:DJI
by TheJonesPortfolio-100T
5
@LALPIPS US30 ANALYSISMarket price dropped down to the level of 34760 yesterday and respected that area as a support level. Since then it's been creating higher highs and higher lows on the 5min & 15min timeframe. Today at 9:30 am price broke the resistance level of 35290 shooting up to 35370 in under 10 minutes. giving an indication that it will keep rising until it gets to another strong resistance area of which is 35500-35600. After it reaches that point, I suspect we'll see price correction
ULong
by The8thWonderTrader
$IWM target 201$IWM target 201 Still in the neutral zone, with technicals pointing down. Let me know your thoughts and what you guys are doing. Have fun!! —————— I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2. —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news. Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while. If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. Have fun, y’all!! (\_/) ( •_•) / >🚀
AMEX:IWMShort
by SPYder_QQQueen_Trading
4
$IWM target 201$IWM target 201 Target 1 was hit beautifully… so taking it out onto the 1W 5Y chart target 2 looks like a nice place to sell puts at this time. I would happily start a position there. Right now it’s kind of in the neutral zone, but technicals are pointing to down. Let me know your thoughts and what you guys are doing. Have fun!! —————— I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2. —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news. Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while. If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. Have fun, y’all!! (\_/) ( •_•) / >🚀
AMEX:IWMShort
by SPYder_QQQueen_Trading
2
BITCOIN - where to next? My 2 cents worth (December 4, 2021)Hi to all, I don't trade crypto. In fact i don't care about crypto, or it's future potential or benefits - or what it could do, may do, possibly do, and/or perhaps will be in the future. In saying that, i do observe the bitcoin chart on one of my saved chart templates regularly - particularly over the weekend (for curiosity mainly) - as i love technical analysis. In my normal weekend analysis i undertake (as per my normal process of weekly review of the trading week that has just gone by), i decided to look into the daily and weekly chart (after the big price action drop today - Saturday December 4 - price currently approx. 47,000 - being an approx. 10%/11% + drop today alone) - as i type these comments. I note the following on my chart: Confluence of levels including: - 61.8 Fib from the July low - 38.2 Fib from the 2021 low - Trend Line Support here. In my opinion (which doesn't necessarily mean anything at all ), it an interesting price action point when observing the longer time frames. A break below here could really accelerate some further down side - clues on the faster time frames should or may provide further indications from here. I would not be surprised either if price holds here also. Best wishes to all and stay safe. bazzman78tv :)
COINBASE:BTCUSD
by bazzman78tv
3
us30 shorts finally activeQuick analysis on us30 We have been rejecting from the 36250 key level on the daily timeframe It appears we are breaking the low of a bear flag formation I like 36000 to be the first target as a quick trade but with the bear flag it looks like 35750 is its final destination. I will be entering this trade on the minute chart (1minute or 5 minute) Looking for about a 25 point risk with a 75 point profit target or 36000 Then I will attempt to reshort it after the pull back correction with a smaller position down to 35750. All things pointing bearish. If we open and pop above 36250 I most likely wont take any position or take my short idea off
OANDA:US30USDShort
by Thecontrariandaily
6
UK100 buy running ⤴️🙌We are using our POW reversal strategy for this trade a UK100 long. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue arrow is entry point and purple line is stop loss. Trade history can be seen at the foot of this trade idea too for full transparency. Previous trades also can be seen on chart. Both were long trades and both found TP so lets see if we can go three for three. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
ULong
by pow_removetheguesswork
UK100 long running 📈👏Trade details for current trade are shown on the chart. Trade has been live since 7:15 UK time and we are using our POW reversal script. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue long arrow is entry point and purple line is stop loss. Previous trades can also be seen on chart one found TP one found SL which was covered in an idea Monday. Lets see how this trade plays out. Trade history can be seen at the foot of this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
ULong
by pow_removetheguesswork
3
UK100 long is valid ↗️✅Morning traders we start the week with an UK100 trade. Trade details for current trade are shown on the chart. Trade has been live since 7:15 UK time and we are using our POW reversal script. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue long arrow is entry point and purple line is stop loss. Previous trades can also be seen on chart. Trade history can be seen at the foot of this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
ULong
by pow_removetheguesswork
I'm in a UK100 short 📉🙌Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. Trade has been live since 2:45 UK time. We're looking for the green line which is take profit target. Little red short arrow is entry point and purple line is stop loss. Previous trades can also be seen on chart. Both were long trades one hit SL and one hit TP. This trade is in slight draw down at time of writing but I trust my plan so lets see how this trade plays out. Trade history can be seen at the foot of this trade idea too for full transparency. In that box every trade is logged and can be viewed by clicking the tabs in the report box. You as the viewer of this idea can also do that so go ahead and have a play. I'll follow this trade now until TP is achieved, a new trade presents or stop loss is hit. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
UShort
by pow_removetheguesswork