Moshkelgosha
All Time High, Market is fragile more than ever..!while many are happy watching all times highs, pros no any all-time high could be just one day before a major correction or starting the first phase of a crash..!
The trading value of Mega caps decreased more than 30- 50% in a week..!
This is a comparison between trading volume since 2021
AAPL
NASDAQ:MSFT
AMZN
GOOG
NASDAQ:FB
This weekend could be a perfect time to watch "The Big Short" if it is not late...
What Is a Blow-Off Top?looking at the monthly chart will show you what you may not see easily in the daily charts!
What Is a Blow-Off Top?
A blow-off top is a chart pattern that shows a steep and rapid increase in a security’s price and trading volume, followed by a steep and rapid drop in price—usually on significant or high volume as well. The rapid changes indicated by a blow-off top also called a blow-off move or exhaustion move can be the result of actual news or pure speculation.
Blow-off top patterns are common in securities where there is a lot of speculative interest.
A blow-off top is a chart pattern showing a sudden rise in price and volume, followed by a sharp decline in price also with high volume.
The rally into the blow-off could be based on news, or speculation of good news, growth, or higher prices in the future.
Blow-off tops can occur in all markets, are volatile, and can be very hard to trade as an ill-timed trade in either direction can mean huge losses.
To all those who think I do not know about blockchain technology:
This article tries to explain the price pattern of bitcoin..!
Educational Reference:
www.investopedia.com
True definition of Sideways!A sideways market sometimes called sideways drift, refers to when asset prices fluctuate within a tight range for an extended period of time without trending one way or the other.
Sideways markets are typically described by regions of price support and resistance within which the price oscillates.
Trading a sideways market can be tricky, although certain options strategies maximize their payoff in such situations. (Investopedia)
Wyckoff rules and TeslaI have nothing to say, just read the article and see how many similarities exist.
I think the Tesla chart is Identical to the example chart in the article: Making Money The Wyckoff Way (CSC, DNR)
Link: www.investopedia.com
I will not surprised if tesla tests 690-700 and experience another leg down.
Moshkelgosha
Challenge…!I publish long analysis on bitcoin with target price of 100K in September/October 2020 when it was 10444-12441.
Then I trim the target to 50-72K for the first few months of 2021, in November 2020.
When it was 58K I talked about possible crash, on 62K wrote about alarming sign in April 2021.
April 14th When bitcoin was 63810.01, I compared it with December 17th, 2017.
Do you know what happened back after December 17th, 2017?
Bitcoin crashed from 20K to 3.1K and lost 85% of its value..!
Challenge is :
Find any analysis at the price above 63810.01, with the same prediction and put the link in the comments, and receive 3 months TradingView Pro account. (I will provide 5k TradingView coin for the winner)
Date of publication must be between 13-14 April 2021..!
Reference:
I'm just curious to see how it will be after Coinbase traded tomorrow.
I remember on December 17th, 2017, when bitcoin touched 20k, I send the link of Tulipmania article to my friends and asked them to read it.
Déjà vu is the feeling that one has lived through the present situation before. This is a French phrase that translates literally as "already seen".
Bull Trap or A Bullish rally?Once Upon a time, NIO was a money printer..! Hottest stocks in the market..!
I believe its best days have gone very on time ago..!
Do you think I'm crazy???
Review these analyses!
January 2nd, 2021: Detecting Top before it happened with the highest price date accuracy! (last Buy analysis)
January 30th, 2021: First Short analysis when it was 57
February 18th, 2021: Detecting EV Makers' crash when everyone else talks about NIO will be a 100-150 soon!
You calculate the odds:
Someone who calls himself a sniper trader published a chart 4 months ago. There are 10 stocks (EV makers) in that chart and predict a crash.
None of those stocks' price today is above that day..! and have never been..!
you do the math...!
I do analysis based on facts not my feelings..!
Moshkelgosha
A Comprehensive NASDAQ Analysis..!First, let's define the NASDAQ Composite Index:
The Nasdaq Composite Index is a large market-cap-weighted index of more than 2,500 stocks, American depositary receipts (ADRs), and real estate investment trusts (REITs), among others.
The index is calculated constantly throughout the trading day with the final value reported at 4:16 p.m. daily once prices have fully settled after the 4:00 p.m. ET market close.
The Index's composition is nearly 50% technology, with consumer services, health care, and financials the next most prominent industries.
What Is an Uptrend?
An uptrend describes the price movement of a financial asset when the overall direction is upward. In an uptrend, each successive peak and trough is higher than the ones found earlier in the trend. The uptrend is therefore composed of higher swing lows and higher swing highs. As long as the price is making these higher swing lows and higher swing highs, the uptrend is considered intact.
Some market participants only choose to trade during uptrends. These "long" trend traders utilize various strategies to take advantage of the tendency for the price to make higher highs and higher lows.
What Is V-Shaped Recovery?
V-shaped recovery is a type of economic recession and recovery that resembles a "V" shape in charting. Specifically, a V-shaped recovery represents the shape of a chart of economic measures economists create when examining recessions and recoveries. A V-shaped recovery involves a sharp rise back to a previous peak after a sharp decline in these metrics.
Complex corrections
Complex corrections are multiple ABC corrections that are joined by a three-wave price move identified as wave X.
Each of the waves in a complex correction adheres to the basic Elliott structures identified for corrections. That is, Zigzags, Flats, or Triangles.
A: Don't trade them on purpose. If you find yourself in one, find an appropriate exit point or be prepared to wait out the correction and return to the trend.
B: They provide no known predictive value, although we can predict you will be miserable if you are holding through one of them.
C: A complex correction will first become obvious when your expected movement into the next wave of a correction fails to breakout and instead pivots and reverses. You can then mark the 3 wave structure as Wave X and expect another one or two A, B, C corrections to follow.
A one-year Bullish channel:
What Is a Price Channel?
A price channel occurs when a security's price oscillates between two parallel lines, whether they be horizontal, ascending, or descending.
Price channels are quite useful in identifying breakouts, which is when a security's price breaches either the upper or lower channel trendline.
Traders can sell when price approaches the price channel's upper trendline and buy when it tests the lower trendline.
Fibonacci Fan approach:
A Fibonacci fan is a method of plotting support and resistance levels based on the ratios provided by the Fibonacci series.
Trendlines are drawn at intervals of 23.6, 38.2, 50, and 61.8 percent apart to predict retracements.
The Fibonacci ratio, also known as the "golden ratio," is roughly 1.618. This ratio is found throughout the natural and social sciences.
Half a Century:
A Decade:
Post Pandemic era:
What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).
Some investors find this strategy more rewarding than staying in the equity markets throughout the year. They subscribe to the belief that, as warm weather sets in, low volumes and the lack of market participants (presumably on vacations) can make for a somewhat riskier, or at a minimum lackluster, market period.
From 1950 to around 2013, the Dow Jones Industrial Average posted lower returns during the May to October period, compared with the November to April period.
Since 2013, statistics suggest this seasonal pattern may not be the case anymore, and those who follow it may miss out on significant stock market gains.
What about this summer???
I will not publish my answer to this question publicly..!
I did a comprehensive analysis of the NASDAQ Composite Index (IXIC) in the past 50 years.
I cancel recording a YouTube video on this analysis because data analysis of my previous videos shows my followers did not find them interesting.
I have 5450 followers on the TradingView platform, 987 on my free educational channel who use my analyses freely.
In the past 2 months, I recorded 7 videos, and 318 individuals subscribed to my YouTube Channel. These statistics convinced me not to waste time. I published the analysis in the usual article format, a more detailed version will be available for patrons and paid subscribers.
Moshkelgosha (SniperTrader)
References:
www.investopedia.com
www.investopedia.com
www.investopedia.com
www.investopedia.com
www.bata4u.com
www.investopedia.com
www.investopedia.com
Flat and fragile..! when you look at Inflation adjusted..!I believe the best bet is betting on the most probable scenario..!
let's look at the 8 companies with the highest market cap :
Obviously, we do not see any increase in Trading value in the past 2 months!
What is an outlier in statistics?
An outlier is an observation that lies an abnormal distance from other values in a random sample from a population. ... Examination of the data for unusual observations that are far removed from the mass of data. These points are often referred to as outliers.
The historical average stock market return is 10%, so March 2020 to February 2021 was an outlier from a statistical point of view!
and less likely to happen again soon!
In the past 3 months, inflation-adjusted market performance is not positive! which means the market did not buy the theory that stocks will perform like other goods in the time of accelerated inflation!
I believe it would be better to say the stock market has already adjusted the stocks' price in the past 17 months!
The S&P 500 Index originally began in 1926 as the "composite index" comprised of only 90 stocks. According to historical records, the average annual return since its inception in 1926 through 2018 is approximately 10%–11%. The average annual return since adopting 500 stocks into the index in 1957 through 2018 is roughly 8%.
says that the average DJIA return from 1896 is 5.42%
So I believe it is highly unlikely that we see a huge movement like March 2020 to February 2021. But constant money circulation in the market will provide small opportunities that we can take and wait for the next one!
Reference:
www.investopedia.com
2+2=5This is my 888 post on the TradingView platform.
13 years ago, I was a 4th-grade Medical student in Shiraz, Iran, when I started trading stocks. Like many of you, I had never read a single book about trading when I started this. The result was a catastrophic -27% loss in the first 2 months. I had no choice other than to quit or find a way to correct my mistakes!
I stopped trading and went to bookstores. I asked for books related to stock trading and bought whatever I found. Technical analysis, Fundamental analysis, and psychology books related to trading. I finished the books as fast as I could. By the end of the first week, when I finished the first book, I learned the biggest loss occurs when you "buy the right stock at the wrong time".
Reading more books convinced me trading couldn't be successful without a scientific approach. In the past 12 years, I just did technical analysis for companies and assets with solid fundamentals. The result was acceptable, but not extraordinary. 13 years of trading and analysis taught me a very important lesson, risk management is the most important part of investment and trading! Ignoring this reality will almost always lead to a catastrophic result. What happened in March 2021, to Bill Hwang and the banks provided the leverage for him is a clear example of mismanagement of risk.
In the past few years, bubbles and their characteristics became my favorite topic in trading. I studied bubbles and tried to find prospective modeling to find the latest stage of any bubble. In the past 6 months, I showed what I'm capable of by detecting EV makers' bubbles in February 2021, and Bitcoin in April 2021. All my followers know when I published an emergency alarm about the Total cryptocurrency market crash, it lost more than 1.1 trillion dollars in 4 days.
In the past few weeks, few subjects have caught my eye, Ark Invest, Elon Musk, Bill Hwang, Chamath Palihapitiya, and Wall Street Bets. I have published many posts about them, criticize them for their disruptive behaviors in the financial markets. In one of my posts, I brought up the hypothesis that EV makers, SPACs, Cryptocurrency, and Thematic investment bubbles could be related and caused by the same groups.
Now I would like to explain a scientific approach to these phenomenons and evaluate the shreds of evidence based on a scientific approach.
Hypothesis:
A hypothesis is a proposed explanation for a phenomenon. For a hypothesis to be a scientific hypothesis, the scientific method requires that one can test it. Scientists generally base scientific hypotheses on previous observations that cannot satisfactorily be explained with the available scientific theories.
What are Prospective models?
Prospective models use a trick to compute future scenarios for an indeterminate system: First, several exogenous parameters, assumptions, and model drivers are defined, and then these are fed into a dynamic model of socioeconomic metabolism that is deterministic relative to the exogenous parameters.
Wall Street Bets phenomenon:
In the past 2 weeks, I started evaluating the behavior of meme stocks and Wall Street Bets to find the best model to predict their behavior in the future. In one case (OCGN), as soon as I wrote about it as a future pump, it jumped 11% in 42 minutes!
I tried different models, and I was shocked by the accuracy of the calculations behind these price manipulations.
10 Million Rebellions or a very precise complex Algorithm
Wall Street Bets on Wikipedia:
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and options trading. It has become notable for its colorful and profane jargon, aggressive trading strategies, and for playing a major role in the GameStop short squeeze that caused losses for some U.S. firms and short sellers in a few days in early 2021.
The subreddit, describing itself through the tagline "Like 4chan found a Bloomberg terminal," is known for its aggressive trading strategies, which primarily revolve around highly speculative, leveraged options trading. Members of the subreddit are often young retail traders and investors who ignore fundamental investment practices and risk management techniques. The growing popularity of no-commission brokers and mobile online trading has potentially contributed to the growth of such trading trends. Members of the communities often see high-risk day trading as an opportunity to quickly improve their financial conditions and obtain additional income. Some of the members tend to use borrowed capital, like student loans, to bet on certain "meme stocks" that show popularity within the community.
The subreddit is also known for its profane and juvenile nature, with members often referring to themselves as "autists", "retards", "degenerates", and "apes". Users also frequently use slang such as "stonks" for stocks; "tendies" for gains or profits; "gay bears" for those who expect a stock to decline, for stock shorters, or as a general insult; "DD" for analysis of potential trades (from "due diligence"); "bagholder" for one whose position has severely dropped in value; "diamond hands" for holding stocks adamantly; and "paper hands" for selling at the first sign of loss. By 2020, Rogozinski was subsequently removed as a moderator.
My approach to the WSB phenomenon:
Q1: Is it possible WSB has no moderator or leader team?
My answer to this question is No. This level of accuracy in the calculation couldn't be the result of a 10 million group without any moderator. It is more probable it is done by a very strong algorithm that injects money at the right time and also dumps it perfectly.
Hypothesis Number 1: There is an Algorithm behind WSB
Q2: Who is behind this movement?
Previously I thought one of the above-mentioned people or all of them as a group could be behind this. At this moment, I think none of them can run such a complex operation.
Ark Invest can not behind this, all their major ETFs have negative performance in 2021.
Elon Musk is obsessed with playing gods' role in the cryptocurrency market and Tesla stock has performed negatively in 2021.
Bill Hwang could be the perfect match. He is notorious for using too much leverage in high-risk trades and he is banned from opening a hedge fund by Hong Kong and US regulatory due to insider trades in 2012-2014. Moreover, WSB operations need tons of money and he already lost +20 billion dollars in March 201.
Cathie Wood (Net worth US$250 million, October 2020), and Chamath Palihapitiya ($1.2 billion fortune following SPAC mergers with Opendoor, Virgin Galactic, and Clover Health, Apr 6, 2021) also couldn't be the case because of limited resources to make these movements, Although they are masters in manipulating crowds through social media to invest in overvalued assets.
Q3: Who is benefiting from WSB movements?
The answer to this question is not easy and needs a long explanation.
I believe 10 million WSB members could not be the winners. Statistically, a short minority of them could be winners while the majority lose money, like all other pyramid schemes.
Is there any similar phenomenon in the past tatt we can compare WSB with that?
In reality, I could not found any but there is a game with lots of similarities.
According to Forbes:
Pentagon Documents Reveal The U.S. Has Planned For A Bitcoin Rebellion
U.S. Department of Defense has wargames scenarios involving a Generation Z rebellion that uses bitcoin to undermine and evade "the establishment."
In the Pentagon war game, young people born between the mid-1990s and early 2010s use cyberattacks to steal money and convert it to bitcoin, documents published by investigative news site The Intercept revealed.
Called the 2018 Joint Land, Air, and Sea Strategic Special Program (JLASS), the war game is set in 2025 and is "intended to reflect a plausible depiction of major trends and influences in the world regions."
The group, called Zbellion, encourages cyberattacks against organizations that support "the establishment," funneling stolen cash into bitcoin to make "small, below the threshold donations" to "worthy recipients" and Zbellion members.
The program, which also reportedly wargames scenarios involving Islamist militants and anti-capitalist extremists, was conducted by students and faculty from the U.S. military’s war colleges, the training ground for prospective generals and admirals.
Conclusion:
I believe those who made the game are benefitted the most from WSB movements. WSB could be a perfect example of a controlled scientific experiment. WSB generates a lot of information about the patterns of behaviors of the potential future rebels.
Any establishment has the chance of survival only if it could predict its future threads, study them, and makes itself ready to face them before they happen.
Having experienced the misuse of social media power, in the case of Cambridge Analytica and Mobs attack on the heart of US democracy, the establishment will make sure it is ready for the future.
While many think the US power is because of its powerful military, I believe The US Dollar plays a more important role and any challenger should be ready to face firebacks. The cryptocurrency market tried to challenge the US dollar a received a 1.4 trillion dollar punch in the face!
It is ridiculous to think this phenomenon happened due to a tweet..!
In the 17th century, in the Meditations on First Philosophy, in which the Existence of God and the Immortality of the Soul are Demonstrated (1641), René Descartes said that the standard of truth is self-evidence of clear and distinct ideas. Despite the logician Descartes' understanding of "self-evident truth", the philosopher Descartes considered that the self-evident truth of "two plus two equals four" might not exist beyond the human mind; that there might not exist a correspondence between abstract ideas and concrete reality.
Moshkelgosha
All right reserved (I want to write a longer version as a screenplay)
Examples of Golden ratio in the so called meme stocks:
NYSE:GME
NYSE:AMC
References:
en.wikipedia.org
www.forbes.com
theintercept.com
en.wikipedia.org
The market front runner industry (EV makers)seems exhausted ..!
History tends to repeats itself..!
Alarming signs in Bitcoin
I said Cryptocurrency Market Crash is coming 82 hours ago..!
WallStreetBets and ARK invest using the same PUMP???
Another Example of market Manipulation..!
Algorithms + Money to manipulate the Market
Who did provide the seed money for Ark's first 4 ETFs???
Social media trading bubble example..!
What could be the most probable scenario?May 2021 CPI is released today and with a 0.7% increase month to month, it is now 269.195.
The CPI (YoY) is now at 5% which is the highest in the last 30 years..!
The most important thing is the change from linear growth to exponential rate and passing above the 3 standard deviations of the regression line! which means we are facing a phenomenon with a 1.5 in 1000 chance of happening!
It would be wise to Bet on higher inflation..!
Micheal J Burry showed everyone that he is a living legend in the financial world..!
what should we do? what are the solutions?
1- Gold: preserve purchasing power
2- Commodities: already adjusted
3- Real Estate: will be hot for the next 2 years
4- Stocks: Thoe related to commodities or having price gauging ability, and banks.
I believe FED is targeting 6% to boost employment and solving the US debt crisis in the coming years.
They can not decrease the money supply because it will lead to a higher unemployment rate, but at some point, they may increase the interest rates to control the uncontrolled inflation!
please check my US dollar index analysis which shows in the next 5-6 years US dollar could lose up to 30% of its power!
Difference Between Views..! Acceptance matters..!Beginners look at a single big green candle and hope for reversal..!
Pros look at the trend and trade the most probable scenario..!
compare these two scenarios:
if you did short bitcoin with a 10% stop loss every single day in the past 56 days what would be the outcome?
if you bought bitcoin dips in the past 56 days what would be the color of your portfolio now???
look at your portfolio, it represents your trend recognition ability..!
Do not Forget I have 35 Long analyses on bitcoin between September 2020 and April 2021.
I published more than 25 Short analyses on Bitcoin between April 2021 and today.
September: My first buy analysis
April: My first short analysis:
Being a Professional analyst means :
Updating your views constantly based on the new data market provides to you..!
Consistency Matters..!While apes are in deep red Today, my followers keep printing..!
Yesterday we did this:
And today :
NYSE:PRTY
NYSE:M
NASDAQ:NCTY
+10% since published when it was 13.15..!
Have fun Apes..! they are using your monies to push bitcoin and other major cryptos a little higher..!
Follow the money apes..! but you are obsessed with bananas..!
It is time to review..! Quality matters..!20 days ago when Bitcoin was between 39-40k based on a prospective modeling I said there will be death cross in the June,
My predicted date was June 21, 2021!
Compare the quality of my works with Eagle eyes chart watchers ..!
Link to original post:
Many people called me stupid, scammer, ...etc, but at least I know I started this to help others!
I know I had mistakes but review my works and judge yourself..!
Today I noticed Bloomberg has published an article talking about death cross ..!
www.bloomberg.com ]url=https://www.bloomberg.com/news/articles/2021-06-08/bitcoin-barrels-into-death-cross-as-chartist-backdrop-darkens?utm_content=business&utm_source=facebook&cmpid=socialflow-facebook-business&utm_campaign=socialflow-organic&utm_medium=social&fbclid=IwAR3OaINz2ULNodID4_k3Zgyncx5KL5CFM5tuVAaOTPDfEL8-p9HoYpceBFI]https://www.bloomberg.com/news/articles/2021-06-08/bitcoin-barrels-into-death-cross-as-chartist-backdrop-darkens?utm_content=business&utm_source=facebook&cmpid=socialflow-facebook-business&utm_campaign=socialflow-organic&utm_medium=social&fbclid=IwAR3OaINz2ULNodID4_k3Zgyncx5KL5CFM5tuVAaOTPDfEL8-p9HoYpceBFI
Probability theory: Independence, Psychology: Regret theorySocial media provides access to quality content analyses, but you see rookie traders who make good money, losing it all in one trade!
In the past few days, I predicted 4 potential stocks to be candidates for the next pump and one call option with decent gains.
WISH, VLDR, QS, and OCGN, made double-digit returns, and the AAPL call option made a +100% gain. A minority of my followers invested in these ideas and won big. Those who are chasing a higher level of adrenalin bought options on some of these ideas! Now I see this phenomenon creating a bigger problem for the majority of my followers. The famous sense of FOMO(Feeling Of Missing Out). This Feeling Of Missing Out could become a dangerous situation!
How?
let me explain it from a mathematical point of view:
Probability theory: Independence
Independence is a fundamental notion in probability theory, as in statistics and the theory of stochastic processes.
Two events are independent, statistically independent, or stochastically independent if the occurrence of one does not affect the probability of occurrence of the other (equivalently, does not affect the odds). Similarly, two random variables are independent if the realization of one does not affect the probability distribution of the other.
When dealing with collections of more than two events, a weak and a strong notion of independence needs to be distinguished. The events are called pairwise independent if any two events in the collection are independent of each other while saying that the events are mutually independent (or collectively independent) intuitively means that each event is independent of any combination of other events in the collection. A similar notion exists for collections of random variables.
The name "mutual independence" (same as "collective independence") seems the outcome of a pedagogical choice, merely to distinguish the stronger notion from "pairwise independence" which is a weaker notion. In the advanced literature of probability theory, statistics, and stochastic processes, the stronger notion is simply named independence with no modifier. It is stronger since independence implies pairwise independence, but not the other way around.
A simple Example:
Rolling dice:
The event of getting a 6 the first time a die is rolled and the event of getting a 6 the second time is independent. By contrast, the event of getting a 6 the first time a die is rolled and the event that the sum of the numbers seen on the first and second trial is 8 are not independent.
Psychology:
What Is Regret Theory?
Regret theory states that people anticipate regret if they make the wrong choice, and they consider this anticipation when making decisions. Fear of regret can play a significant role in dissuading someone from taking action or motivating a person to take action. Regret theory can impact an investor's rational behavior, impairing their ability to make investment decisions that would benefit them as opposed to harming them.
Regret theory refers to human behavior regarding the fear of regret, which stems from people anticipating regret if they make the wrong choice.
This fear can affect a person's rational behavior, impairing their ability to make decisions that would benefit them as opposed to those that would harm them.
Regret theory impacts investors because it can either cause them to be unnecessarily risk-averse or it can motivate them to take risks they shouldn't take.
During extended bull markets, regret theory causes some investors to continue to invest heavily, ignoring signs of an impending crash.
By automating the investment process, investors can reduce their fear of regret from making incorrect investment decisions.
Conclusion:
No matter how you trade or who you follow, the odds of success in any trade are independent..! It means even though we had 5 successful trades in a row, the next one has a 50% chance of being a failure!
What saves us is Risk Management, and having a stop loss which works as emergency exits in the building!
Do not let FOMO overrule your trading strategies
Kenny Rogers:
You got to know when to hold 'em, know when to fold 'em. Know when to walk away and know when to run.
Moshkelgosha
Reference:
1- en.wikipedia.org(probability_theory)
2- www.investopedia.com
Updated Target for BitcoinJim Simons:
“We search through historical data looking for anomalous patterns that we would not expect to occur at random.”
"Past performance is the best predictor of success."
"We have three criteria: If it's publicly traded, liquid, and amenable to modeling, we trade it."
"Efficient market theory is correct in that there are no gross inefficiencies. But we look at anomalies that may be small in size and brief in time. We make our forecast. Then, shortly thereafter, we re-evaluate the situation and revise our forecast and our portfolio. We do this all day long. We're always in and out and out and in. So we're dependent on activity to make money."
"I disparage some for whom model-making is a part-time hobby,"
Educational Article:
www.investopedia.com
Recommended portfolio for the next 2 weeks!The ideas behind this portfolio are:
1- Benefiting from possible 6 trillion dollars infrastructure bill.
2- Being properly hedged using commodities.
3- Having exposure to the Tourism industry, apparel, and increased demand for gas in post-pandemic era.
My recommended asset allocation:
50% stock:
25% cash:
25% Gold:
0 Cryptocurrency
NYSE:VALE
NYSE:RIO
NYSE:SCCO
NYSE:CLF
NYSE:X
NYSE:FCX
NASDAQ:ABNB
NYSE:UA
NYSE:XOM
NYSE:AON
Use trailing stop loss..!
Quality matters!I believe it is good to review how functional our analysis is.
I want to share the multi-timeframe analysis I published last week for my Patrons/private subscribers, and let you judge the accuracy of the contents!
Some People think I publish my post to bait people to subscribe to my services!
I challenge them to publish their own analysis and next week we will review whose work has a higher rate of accuracy!
NASDAQ:AAPL
Multi-Timeframe Analysis:
Hourly Chart: Flat Top (Neutral)
Daily Chart: Flat Top (Neutral), rejected from 50 EMA, trading near its support level
Weekly Chart: Flat Top (Neutral) 5 red weeks in a row, last time it happened was October 2018, followed by a 30% correction ( Bearish )
Monthly Chart: Flat Top (Neutral)
Daily average trading value (YTD): Trading 32% below YTD (money outflow) ( Bearish )
Weekly average trading value: lowest since November 2020, 38% below last trading year. ( Bearish )
Monthly average trading value: lowest since February 2020. ( Bearish )
Conclusion: Wait to see if Apple can hold its support line, (be ready for closing your positions if you have the stock)
The most concerning point is :
Whenever Apple's average trading value dropped below its 12 monthly average we saw a correction to the level of 50 EMA /monthly.
NASDAQ:MSFT
Multi-Timeframe Analysis:
Hourly Chart: Ranged below the resistance level (Neutral- Bearish )
Daily Chart: At the support line since Jan 15th, 2021 (Neutral)
Weekly Chart: after 4 negative weeks in a row, slightly positive(1.85)
Daily average trading value (YTD): Trading 33% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 24% below last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 14% below last trading year average. (money outflow) ( Bearish )
Conclusion: Wait for reaction to support line. The decreased trading value is seen in all levels (D/W/M) is a concerning pattern!
NASDAQ:AMZN
Multi-Timeframe Analysis:
Hourly Chart: Flat Top (Neutral)
Daily Chart: Moving toward its support line. (Neutral- Bearish )
Weekly Chart: Doji at the middle of the regression channel (Neutral)
Monthly Chart: Pure sideway between 3550-2870 in the past 9 months. (Neutral)
Daily average trading value (YTD): Trading 37% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading36% below last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 15% below last trading year average. (money outflow) ( Bearish )
Conclusion: Neutral to Bearish in a sideway channel
NASDAQ:GOOG
Multi-Timeframe Analysis:
Hourly Chart: double Top with signs of rejection! ( Bearish )
Daily Chart: Bearish engulfing followed by bearish harami. ( Bearish )
Weekly Chart: bullish regression channel
Monthly Chart: Dragonfly Doji .
Daily average trading value (YTD): Trading 9% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 7% above last trading year average. (money inflow) ( Bullish )
Monthly average trading value: Trading equal to the last trading year average. (Neutral)
Conclusion: Neutral to Bearish
NASDAQ:FB
Multi-Timeframe Analysis:
Hourly Chart: Double Top ( Bearish )
Daily Chart: Double Top ( Bearish )
Weekly Chart: at the top of the regression channel ( Bearish )
Monthly Chart: Dragonfly Doji , possible reversal??? (Neutral-Bearish)
Daily average trading value (YTD): Trading 32 % below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 12% below the last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 5.5% below last trading year average. (money outflow) ( Bearish )
Conclusion: wait for reversal confirmation ( Neutral- Bearish )
NASDAQ:TSLA
Multi-Timeframe Analysis:
Hourly Chart: at the support level of a short-time bullish trend started 12 days ago!(Neutral)
Daily Chart: Bearish Harami and trading below 50EMA ( Bearish )
Weekly Chart: Spinning Bottom in a downward regression channel.
Monthly Chart: Flat Bottom (Neutral)
Daily average trading value (YTD): Trading 42% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 26% below last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 27 % below last trading year average. (money outflow) ( Bearish )
Conclusion: Complex Correction with unpredictable moves!
what is your idea about the accuracy of these analyses???
Moshkelgosha
Multi-Timeframe analysis: Apple (May 2021)Multi-Timeframe Analysis:
Hourly Chart: Flat Top (Neutral)
Daily Chart: Flat Top (Neutral), rejected from 50 EMA, trading near its support level
Weekly Chart: Flat Top (Neutral) 5 red weeks in a row, last time it happened was October 2018, followed by a 30% correction (Bearish)
Monthly Chart: Flat Top (Neutral)
Daily average trading value (YTD): Trading 32% below YTD (money outflow) (Bearish)
Weekly average trading value: lowest since November 2020, 38% below last trading year. (Bearish)
Monthly average trading value: lowest since February 2020. (Bearish)
Conclusion: Wait to see if Apple can hold its support line, (be ready for closing your positions if you have the stock)
The most concerning point is :
Whenever Apple's average trading value dropped below its 12 monthly average we saw a correction to the level of 50 EMA/monthly.
Moshkelgosha