During periods of volatility markets mean revert to long term maDisclaimer:
The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
Stocks!
S+P bounce off its previous downtrend is bullishThis is a follow up video on the S+P, which last week bounced beautifully off its old downtrend and 200-day ma. We can only assume that this was a 'return to point of break out', that the potential bearish rising wedge pattern has been invalidated and that the bull move that started in October 2022 is in fact still in control.
Disclaimer:
The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
Market Bias & Top Stock Watches - 3/3/2023 - Bull ChopBias: Bearish open then bounce and grind bullish most of the day
Top Watches: Long - AI, UAL, META, KR. Short - MRVL, CHPT, ZS, BMBL.
Tune in to my stream at 9:30 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Market Bias & Top Stock Watches - 3/2/2023 - BearishBias: Choppy open. Bearish bias overall, resistance at 393 and no support until 390 - 388
Top Watches: Long - KR, OKTA, NTLA, M. Short - AEHR, SNOW, BBY, AMZN
Tune in to my stream at 9:30 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
UBER SHORT, STOCK MARKET ANALYSISHello everyone, it has been some time since my last post but I do plan on making some more content. Here is my analysis of why I believe it is a good time to short UBER. Some other stocks may be worth shorting, but for me, this is the one that I feel the most confident in trading as of now.
Please let me know if you have questions,
~Master Chef
Market Bias & Top Stock Watches - 3/1/2023 - Choppy Bias: Support below at 393, resistance above near 395-396. Under 393 is a huge void.
Top Watches: Long - GOGL, FSLR, SRPT, BGS. Short - NVAX, MNST, FIGS, TSVT.
Tune in to my stream at 9:30 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Bullish or Bearish?We are at a significant juncture on the S+P daily chart.
Are we breaking down from a negative rising wedge pattern OR are we seeing a return to point of break out from the previous downtrend, which together with the 200-day ma at 3940 will hold and provoke recovery? It is really not clear! but I would hold off getting too bearish unless a CLOSE below the 200-day ma at 3940 is seen - an interesting one!
Patience is needed.
Disclaimer:
The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
Market Bias & Top Stock Watches - 2/28/2023 - NeutralBias: In a range between 396 and 402, leaning bearish.
Top Watches: Long - GOGL, HIMS, ZM, VTNR. Short - OLPX, KDP, DISH, TGTX.
Tune in to my stream at 9:30 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
US500 - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for US500 .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Market Bias & Top Stock Watches - 2/27/2023 - Bear ChopBias: Early sell off. Chop around between 397 - 402.
Top Watches: Long - TGNA, CRWD, LICY, ATEC. Short - PFE, KHC, CMCSA, GILD.
Tune in to my stream at 9:30 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Market Bias & Top Stock Watches - 2/24/2023 - Bear ChopBias: Expect early bounce. We are in an area with a lot of support and price action, could just chop around today.
Top Watches: Long - VRRM, BYND, SQ, KTOS. Short - BA, INTC, HD, ADBE.
Tune in to my stream at 9:30 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
SPY Daily Modeling turns BEARISH (RISK-OFF). PAY ATTENTIONMy advanced modeling and TV scripts recently turned BEARISH on the Daily SPY.
This means the markets have moved into a RISK-OFF mode - likely preparing for additional downside trending.
While the Weekly modeling continues to stay BULLISH, I'm writing this update to warn my followers that both the Rotational Modeling and the TT-3MACD strategies have turned BEARISH on the SPY.
My US real Estate Modeling shows an incredible bout of price weakness, seller desperation, and broad SHOCK taking place for US Real Estate.
This combined Real Estate and US stock market shock could lead to an incredible downside price trend if a credit/banking collapse unfolds (much like 2008-09).
You have been warned.
Follow my research. Move a good chunk of your capital away from risks. This is now a much more violent market event that could unfold in the near future.
The Fed MUST address the extended price collapse that is currently gripping the US/Global markets.
Things could turn UGLY very quickly if finance/banking/credit seizes up.
Follow my research.
Market Bias & Top Stock Watches - 2/23/2023 - Bullish ishBias: Bullish grinder. Bouncing off support with a some room to move higher.
Top Watches: I will update this post with my top four long and short ideas between 9:25 - 9:30 EST.
Tune in to my stream at 9:30 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Market Bias & Top Stock Watches - 2/22/2023 - Bearish GrinderBias: Choppy bearish Grind.
Top Watches: I will update this post with my top four long and short ideas between 9:25 - 9:30 EST.
No live stream today! Visit www.livetraders.com to check out their free open house livestream.
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Market Bias & Top Stock Watches - 2/21/2023 - BearishBias: Bearish. Could bounce off open. Room to at least 400, maybe lower.
Top Watches: I will update this post with my top four long and short ideas between 9:25 - 9:30 EST.
Tune in to my stream at 9:45 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
The opposite Side Of A Wave-5 Rally - Plan BI received a question from someone watching my videos/research. The question was, "what is the downside risk for the markets if my bullish resolution fails".
So, I created this video.
This explains why the downside risks appear to be less than 35% right now compared to a 65% to 75% upside price resolution.
Still, using Elliot Wave, we can't be 100% confident in the true future of price structure or wave structure. All we can rely upon is Fibonacci Price Theory which tells us if price is currently Bullish or Bearish.
Right now, on this weekly chart, Fibonacci Price Theory suggests a bullish price trend is in place and recent Unique Low levels are the final defense of support (near $348).
Follow along to better understand how I see/use Fibonacci Price Theory in all of my research as a method of letting price tell me what to expect in the future.
The one other thing I would like to add is all previous market collapse events have aligned with cataclysmic economic events (9/11, Global Banking Crisis, Foreign Economic Crisis, Isolated Credit Risks).
Without some cataclysmic economic event happening, it is very unlikely that US markets would contract extensively without some impulse event. So keep that in mind as we move forward.
Follow my research.
SPY Cycle Patterns: Resolving volatility into March 2023This example video will help you understand how I use my predictive SPY Cycle Patterns in combination with traditional TA (Fibonacci and others) to prepare/plan for GAPS, trends, and opportunities for trading through the week.
I'm a strong believer that you don't need to trade every minor trend. Taking 2~4 good trades a week across one or two symbols is all that is required to be able to generate 50% to 100% profit every week (using options).
Just last week one of my friends used my SPY Cycle Patterns (and his own skills) to make over 700% ROI. It does happen.
Watch this video. Next week will be very volatile in my opinion. Once we clear the upper resistance level, we should continue to trend up to $435 or higher.
The burst of volatility will likely make for great trade setups - if you know what you are doing.
Follow my research.
SPY Example Setup For DaytradersHere is an example dual-chart setup for SPY daytraders.
I set this up to help my followers understand how to perceive price action as we attempt to transition through the $405 SPY Support level.
If my analysis is correct, we'll see a fairly strong reversion (upside) price trend as long as the $404~405 level holds.
This chart includes a number of TradingView PUBLIC SCRIPTS and a dual-chart layout.
Both Heiken-Ashi and traditional Candlestick charts are used.
Learn to better TIME/ENTER your trades and learn to use price structure/Fibonacci retracements to develop target levels.
Follow my research.
Market Bias & Top Stock Watches - 2/17/2023 - BearishBias: Bearish. Easy room to 405, could break support and see 400.
Top Watches: I will update this post with my top four long and short ideas between 9:25 - 9:30 EST.
Tune in to my stream at 9:45 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
P2P | DXY - 2.16.23Hello everyone! Thanks for being patient with the content, just finished building the studio setup so I can really dive into the markets and give in depth analysis.
In this clip I will be discussing my take on DXY for the next few weeks to Q2 and Q3.
As you can see the #dollar has made a significant pullback to an area of previous support, where its also trading under the most recent support.
There is no news from today/tonight until Feb 21st for #DXY, I believe it will be an opportunity for the #centralbanks (Whales) to collect orders and take out any retail or liquidity.
Following the accumulation into distribution phase, I'd say we could see a continuation of a #bearish dollar to hunt the biggest liquidity pool before continuing a #bullishtrend
I won't be trading live until April due to some strategy testing so I hope you guys and gals can appreciate the breakdowns of the dollar. Remember, this is for you to frame your own idea around the market and use what works for your analysis.
As always gang, happy trading, trade well, and lets run it up from 2023 til infinity!
You can help continue to grow the page by liking and following the channel, and if you get any value from this to boost it too!
DISCLAIMER
***This page is for educational purposes only and is not intended for any financial arise. I am not a financial advisor nor do I manage any other accounts for users. Any trades you take will be of your own doing and P2P will not be held responsible.***