Longer term anaylsis Rising edge / bearish flag forming topping out at the golden 61.8 ratio drop is coming
notice normalized GPD and US pop may 2000. Strap on boiiis
US recession indicators. Yield Curve Inversion part 4 ...
This analysis is purely written from an Elliot Wave perspective. There are no macroeconomics or any other economic theories involved. SPY: Looking at Monthly SPY, we had the completion of wave 1 in 2000. Followed by a recession in 2001-2002. We then had a pullback to the 2000 high, which then ended up double topping and then falling to lows in 2008. This is a...
Definately ov erbought at this point. Price has been rejected. Take profit 1 was drawn from the golden ratio of the previous rise and i believe its going to fall back to it. As of the other take profit stops I believe it will be a aprt of a formation of a double top... a big swing. Thoughts?
SHEN Telecommunication stock that's central eastern region and doing phenomnenal on monthly chart and DPO confirms it. Hasn't corrected being oversold yet, but good 5G buy for mid-2019. VZ TMUS S T
OK peeps, So I've had a pretty rough week lol shocking losses truly shocking, after months of losses, more losses. But I laugh in the face of death MWUHAHAHAHAHA!!!! I've been reading the Hagakure, and it says (paraphrasing) "to truly live, you must be one with death" Ok, to the analysis: The whales, more than anyone else, want and EXPECT Bitcoin and crypto...
NYSE:STON NYSE:CSV MATW NYSE:SCI Death & Funeral Services usually do well in down economy turns from past, however only this one stands out as not having taken a 50% depreciation. Indicates buy on the uptick is your fate. We all die and just reality, some would say the guaranteed 100% payout.
Heres some easy money, Navios Maritime Midstream Partners L.P. is a services and shipping company. It has been priced at a premium by the market as a result of overreaction to selling of ships. These ship sales have increased the company's cash flow and helped them build an already extremely beefy balance sheet. I believe the market has priced NAP at around...