My previous NVDA previous came in massively early. I think the stock made a 100% increase in value since the time of my original post, shown below. Despite this fact and the recent split, the overall macro formation of the chart has not changed. Although, I was earlier than I would have liked to have been, I fully believe the general sentiment and drastic nature...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Apple 💪 Starting on the monthly timeframe you can see that after Apple broke out of the clear triangle formation in confluence with the bullish moving averages, Apple created a strong rally of 30% towards the upside,...
As we near the end of the year, it is clear that the stock market has experienced significant turmoil in 2022. A total of 1,492 stocks have seen their value drop by 50% or more this year. This is a staggering number, and it indicates that many investors have been hit hard by the market's downturn. Even more concerning is the fact that 665 stocks have fallen by...
Taking a look at possibly the 3 most important charts for any trader; VIX, SPX, and USD 🔮 With a massive rebound in equities, crypto, risk assets, we're seeing much chatter that "the bottom is in". Although we've made some nice trades in this week's pump, we don't think we're in the clear just yet.🥶 You don't have to look too far either. Looking at the VIX 1W...
If TSLA can't hold this support, we can see a further drop to 540 Levels.
In one of my previous posts I was trying to see if we would get a 1987 plunge in the markets. This did not happen, but we did get a fairly standard decline and market correction. The question now is, will the mini bear down move be over and off to new highs? Or do we have something much more sinister in store for us as far as the DJIA. Google gets some blowout...
Here is a quick chart that illustrates the effects of stimulus on the stock market. The influence that QE had on the market is painfully obvious. Will it be equally painful on the way down?
Paypal got destroyed over the last couple of months, after it made it's double top on July 26th. It has lost 35% of its value since then. Paypal gapped below the support at around 222ish$ today and that triggered even more selling, since that support held for almost a year now. The next area, where i see heavy support is at around 184-190$ I feel like that...
These things mean revert big time and goes to undervalue before it goes up again. I believe the markets are about to crash might time and this time it can be much violent and faster.
This is what the data is saying, I'm just the messenger :). Watch out for the dark red areas, will slip extra fast!
I've been calling this for three weeks now and been holding most my TVIX since May 18th among other inverse plays. Just made some revisions to my OG idea and cleaned up the lines a bit to try to dial in the up spike here. Here's all your entry and exit price targets from May 26th: All that holds the same today. TVIX still much better risk/reward than VIX. We...
Big short after earnings?? One more move down? Short position entry: $5.34 Easy Loot TP: $4.88 Stretched TP: $4.26 Personal Options Play: - ADT Buy Put Strike $5 | Exp. 8/21 - 3 contracts @ $60 each (if ADT pumps before the dump, these will be cheaper) Do not trade this, you will lose money DotcomJack Join Easy Loot Premium Signals Free Signals Active...
I expanded the kill zone a bit here guys, nailing the swing up was always a bit overly optimistic :). 2nd bar today kissed the top horizontal support channel and held above the bottom diagonal support channel. Still right on track. Fundamentals vs the Fed, lets see who wins. The indicators are betting on fundamentals coming out on top.
Got a tip that led me here: squeezemetrics.com Then had some fun playing with lines: ibb.co I don't put too much weight in any given strategy, preferring to average them all against fundamentals but holy shit was I surprised when after diving in from scratch to map the empty chart, it actually turned into a terrifying, accelerating and rising wave that's looking...
I can't lay off this damn SPX man. Here's my drop map for June/July. I'll think we'll touch 2100 before July end if not blow through it a bit, def by August end. There's not enough momentum to keep this afloat much longer.
MACD looking to flip. ADX looking to flip. DPO very high. RSI as VPT screaming sell. RSI and RVI screaming sell. SMAs weighing heavy on market and indicating a sell. POC under price and signaling sell. Really hard to make any kind of bull case from technicals here. This is my last rundown on SPX before the creash probably (will start tomorrow and continue...
Checkout that upward support trend from May 12th low. That is particularly interesting given the nature of the TVIX to constantly fall lower. Lookout for ADX crossing the DPO, better the divergence the stronger the trend. Also lookout for RVI crossing and holding just above RSI, could be a leading indicator here of upward movement. Those indicators are really...
Nothing to prove. Just callin it. VPT as RSI rarely bounces back and forth above and below the dashed lines so many times so quickly. Something is definitely brewin!