Yesterday, after the FED decision, QQQ gained over 3%. Despite that, we kept our stance and did not abandon our bearish price targets. Indeed, we noted that the relief rally was in progress and that the abrupt move up reflected the market's fragility. We think today's fall foreshadows more weakness ahead. Our short-term price target for QQQ is 310 USD; the medium...
I have identified a 100-year cycle in the DJI. If I'm right, we should see a massive rally over the next 5-10 years.
A double headfake on the Fed news. Nothing good will come out of pumping bad news, short squeeze because the market is oversold. My short squeeze rule is wait 3 or 4 days, so I'm done until next week. Not feeling bullish enough to buy garbage like PTON, lol. (It's green now) My best guess is that RSI needs to go overbought before we see a dip, but the market...
Bear Market signals persist. When the DOW begins to outperform on the downside, we have a clear indication of a lengthy BEAR Market. It's just beginning. Counter Trends are a normal course in prolonged Trends. The ONLY real reversal... QE: Global Central Banks began withdrawing Liquidity via RRP's since July of 2021. The contraction made a controlled...
GOOG has completed wave 4. Market is now in the first stages of wave 5 UP
Looks like AMZN needs wave 5 of C to end this ABC wave 4 correction.
I believe that market structures are a representation of market sentiment. So if I'm able to understand the current situation based on the times that happened in the past and its evolution. I can get a good idea of the possible outcomes. In today's post, we will start by defining the current context, and then we will look for 4 situations in the past that I found...
Who’s In The Nasdaq And What Are They Doing? My plan for this week is: Start from the Monthly since we’ll be in May (by the way, Happy new month) wait for that new candle to pop and see how it opened. Then head over to the weekly. On the weekly, we are currently bearish with the market below previous Lower-lows. But I mean, Anything is possible (Plus we’re news...
Hi Everyone, I will be posting my first idea after a long time. Here i am sharing my first idea. I think Nasdaq and all other indices are up for a big fall I have marked down the levels I think we are in 3rd wave of 3rd of 3rd,... those who dont understand Elliott wave its allright... this is 1.5 hours chart, I am looking for a bounce to sell from above...
Nasdaq100 bulls were really every-where in this down-trend yesterday. I wonder-ed why. Until the news popped and I saw that the fundamentals turned out positive. However, They left signs: Bullish divergences on both the 4-hour and daily. The market started creating Higher-lows. Listen after yesterday, I realized that: you never really know anything. The market...
NQ is back in a previous balancing area 12680 - 13300 where it spent nearly two months last year. We'll either find balance again in this range before breaking out higher or lower or we could find new buyers for rotation back up. Look for support above the HVN at 12860.
Nasdaq is more bullish today, I wish this analyses can help someone .
One more test to $35k at the bottom of the parallel channel B4 heading back to mean reversal $52K. With the DXY pushing to higher targets, 102-104 & NQ looking to test back to previous lows around 12,300 I'd think BTC will likely do something like this. A test to $35k would still be inside the massive channel and if that holds as support & DXY tops around 103 &...
monthly head and shoulders have been confirmed pretty much. spy should in theory fall below 400 qqq below 300 each of the levels on my chart will present a dead cat bounce. (scalp opportunities). is this the beginning of something much greater?
Again, unusual behavior during Globex as the .382 of the draw holds as Resistance. Some things are not quite right. Watch for Bejing lockdowns. __________________________________________________________ Further CRASH Ahead after CT/RT.
Nasdaq100 bulls came in but for what? The daily 23% at 13573 just go smashed this morning and the bulls are likely to go for the weekly 23% at 13650. Hmm! thinking about it, Just maybe they are back. Anyway, don't care about that. The 4-hour looks different though because it's on there I'll be looking for my rejections. If the daily 23% gets rejected and fails to...
it’s so clear to now that NQ will touch and by the reverse situation 13760 area very soon. keep going Nazdaq…
Look at the chart above.. Gibberish! That's all I see. Today has been the absolute worst in terms of structure. It's Funny how it's a clear down-trend on the 4-hour even the daily. But the bulls aren't giving it a rest. Break-outs with no retest. Both parties are in a tug-of-war. If you take a sell, you lose; if you take a buy, you lose. Listen! I feel like...