PCC - Options Volumes 71% DeclineLiquidity within Leveraged products was used to provide
a bid for the Underlying on Gamma/Delta.
With the overall decline in participation, we are seeing
Micro Range Squeezes develop when it is "Time".
Friday's trade was a run to Square, and with the Retail
Options players levered up in 420 Spy Calls... there was no
chance they would be paid.
The PCC remains useful although in a tighter range from .86
to 1.12.
Looking over the June 17s - "an Entity is looking for a deep correction of 20%+"
maximum-pain.com
Ratio
BTC to GOLD ratio shows bottom could be close !This ratio has proven to be effective at least 4 times since the secular Bitcoin bull market has started:
JAN 2015 - AUG 2015 - DEC 2018 - MAR 2020
Will it show the way in JUN 2022 ? Odds favour it might be so !
Either the ratio touched the 7 year ascending trendline (JAN 2015 - AUG 2015 - MAR 2020)
Or the RSI of the ratio reached deeply oversold levels (DEC 2018)
In JUN 2022 we will have both (ratio touting the trendline AND RSI reaching very oversold levels) !
Moreover the ratio will touch the previous ATH of DEC 2017 (indicated by the light blue horizontal line).
This had already happened in AUG 2016 when the ATH in the ratio functioned as support. Please note the light blue arrow !!
So now we have 3 indicators converging !! In JUN 2022 we will have ratio support line, RSI at around 30 and the previous ATH giving support !
PERSONALLY I think we will hold these levels !
* Shout out to Christopher Aron for showing me the important BTC GOLD ratio 7 year trendline !!
Litecoin continues to gather momentum to the upside.Following on from the LTC/BTC trade I posted a few days back. I believe we are seeing a building of momentum to the upside. Examining the daily candles, we are seeing continuous strong green candles. I believe that this is a great consolidation zone to accumulate litecoin cheap.
Although not financial advice the way I have undertaken this trade is using Binance cross 3x LTC/BTC. This is one of my strongest conviction swing trades at present. I believe the underlying risk to the downside is limited to a low risk level. With large upside if this trade is undertaken and pushed by larger market actors.
Litecoin also has a significantly lower market cap than most cryptos being pushed in the market.
Pulse of an asset via Fibonacci: ZM bottom on Genesis 2.618 ?Assets have many Impulses in a lifetime, but only one "Genesis Pulse".
Genesis as in "birth", programmed with all of the DNA it will ever have.
That Impulse determines the "Sequence" of growth spurts and retraces.
Imagine it this way:
- Each person that buys some, tells on average 1.618 others to buy.
- Like an undulating insect swarm, there will be waves of decisions.
- As the swarm grows, the waves' amplitudes grow by 1.618 multiples.
At first the swarm blindly "trips" over each of the levels.
But soon comes to "remember" the exact position of each.
"Indicators" record the turning points, for newborns to see.
The 2.618 extension is always a strong one.
That magic is simple: 1.618 x 1.618 = 2.618.
Thus a strong turn at $105.92 is worth noting.
IF the bottom is anywhere NEAR here, then THIS is it.
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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
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$ZIM looking to open a long positionIt seems that the stock has reached an oversold level and its right above the support level at approximately 60$ I am thinking of opening a long position. Great value trade in my opinion and as the market is flashing red again it might be a good option. In terms of fundamentals the company has terrific PE and forward PE ratios, great ROI, ROE, ROA and great margins. In an environment where inflation runs super hot thats a company that I believe will capitalize on it and improve their margins. Let me know your thoughts on $ZIM they have a crazy dividend yield as well which I am not sure if its a good sign at they are close to 20% dividend yield which seems a bit to much.
Double Tap.exe on the StableCoins Market CapThis is an experimental indicator I created.
The idea is very simple - I believe there's a positive correlation between stable coins issuance and BTC's(and other coins) price appreciation. Rising levels == buying power. For the last 2 years it managed to spot local tops/bottoms.
We just had a double tap on the line, which is very similar to June - July 2021 development, which marked the local bottom. Take it as you will, as always :)
Forecast | AMZNBias: Positive.
Sentiment: Optimistic.
Emoji (emotion): Dizzy 👩🚀
Null Hypothesis: Buy.
Alternative Hypothesis: Sell.
Signals: Late stochastic buy.
Position: Short term day/swing trade.
Notes: Anticipating an earnings surprise. "I'm working on my day at the beach theme, please feel free to let me how you feel about it. Personally I think my sunset needs a little work."
Other: ( P/E RATIO Explained) "The price-to-earnings ratio ( P/E ratio ) is the ratio for valuing a company that measures its current share price relative to its earnings per share ( EPS ). The price-to-earnings ratio is also sometimes known as the price multiple or the earnings multiple. P/E ratios are used by investors and analysts to determine the relative value of a company's shares in an apples-to-apples comparison. It can also be used to compare a company against its own historical record or to compare aggregate markets against one another or over time."
About the Author:
I strive to become one of Tradingview's pinescript Wizards and Top Authors, as well as build a reputable reputation & following. "Please remember to comment, like, share, and follow me!"
About the Security: "Amazon, Inc. engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services ( AWS ). The North America segment includes retail sales of consumer products and subscriptions through North American-focused websites such as... The International segment comprises the retail sales of consumer products and subscriptions through internationally-focused websites. The Amazon Web Services segment consists of the global sales of compute, storage, database, and AWS service offerings for start-ups, enterprises, government agencies, and academic institutions. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA."
32,741 and 35 cents: BTC Golden fib bulls MUST hold at all costsWe have crashed thru many fibs since the top at 69k.
Now approaching a "Golden" ratio (1.618 multiple).
Bulls MUST hold it (or orbit it) for any hope of recovery.
The Genesis fib helped call the EXACT Top at 69k (must see this).
Few posts before called the 52.8k Breakout (another golden fib).
In April of 2020 we knew 12.6k Break was the key to next bull run.
For your own copy of the Genesis fib, use this Single Page version .
Go under the Share icon (3 circles) and then choose "Make it Mine".
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TRB crawling out of the basement. Bottom In? $35 the key levelTRB is fighting a key resistance zone around $35.
Major Golden fib (thick 1.618) plus local golden 6.853.
Break and successful retest would confirm "Bottom In".
Plotted are 3 different fib series from different timeframes.
Thick lines are from very high tf so they have the most "gravity".
Red lines are from last wave down, thin gold+blue of last wave up.
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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
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The Inverse SPY: YPS ETF is Outperforming YTDAs the title says, the YPS inverse weighted SP500 ETF is currently higher on the year than than the SPY. Something to take note of moving forward to understand where money is flowing.
Another way to study the relationship is ty type " SPY/YPS " into your ticker bar. Ratios tell a lot and respect trend lines and support/resistance just like any other security.
I hope your holidays are filled with love and joy!
Pulse of an asset via Fibonacci: SPX true 4.236 correction done?"Impulse" is a surge that creates "Ripples", like a pebble into water.
Each of the Ripples has precise bounds defined by the "Golden Ratio".
Until a new Impulse occurs, the Price oscillates within "Energy Bands".
The Golden Ratio is the underlying building block of the entire Universe.
From the Arms of a Spiral Galaxy, to the Bones of Your Fingers, it's in there.
If there IS a God, then we will surely find Him/Her/It thru the Golden Ratio.
Shown here is the SP500 Index, and the correction started by a Covid variant.
500 large companies, each with hundreds of variables, worth trillions of dollars.
Yet, the "Answer" to that ridiculously complicated equation is "The Golden Ratio".
4.236 is the most common wave endpoint, so the correction may well be done.
The numerous "Pings" along the wave front confirm the validity of the fib series.
The "Impulse Core" (the golden pocket) will be the strongest resistance in this area.
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My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
.
Money rotating from cryptos to precious metals gold and silverWith rising inflation the price of anything is not likely to go down, especially inflation hedges like cryptos or precious metals. The question for the savvy investor, though, is which will increase faster by percentage? To help navigate this, I created this custom Precious Metals to Cryptos chart, with gold and silver representing PMs at their respective rations, and likewise with Bitcoin BTC and Ethereum ETH.
As you can see we are in a falling wedge here. Usually such formations break to the upside (bullish for PMs), however it may be a bit soon for such a break (bullish for cryptos). I almost posted yesterday before this huge spike up because it was looking like the beginnings of a bottoming formation (bullish for PMs). However the price ratio failed to break the downward momentum (bullish for cryptos?).
Obviously things have been great for cryptos for a long time. It could continue, but past performance doesn't predict future results. If they did, then cryptos never would have outperformed gold in the first place. So when this all will change is anyone's guess. What I see however is the beginnings of a small but significant reverse head-and-sholders (bullish for metals). This is on top of my other charts pointing toward Q1 2022 looking very bullish for PMs. However there is some time to kill before Q1, so it could be worth it to stay more in cryptos in the meantime.
Of course, cryptos and sell off quick, sometimes before you're ready.
Do not come to the elves for counsel, for they will say both yes and no. That's me.
And what I do, is trade between metals and cryptos directly with the Kinesis platform so I never get caught holding the wrong kind of bag. Check it out here: kms.kinesis.money
Good luck out there, this is not financial advice, but stay safe (perhaps by diversifying) ;)