This just lines up so perfect for me. A measured move from the March 2020 lows would be 6100 in July 22nd ish 2024. That would line up with the tops from 1929 and 2001, oh man. At that point I'm selling it all and running for the hills cuz it could get REAL nasty.
Here is a video update for my followers. This video is in support of the recent SPY updates I've shared over the past few days. Follow my research. Learn how my analysis skills can help you prepare for the biggest price swings. These are not the same markets as 2008 & 2000. Learn to adapt to price trends and become a better trader. I'm trying to teach you to...
This one looks very explosive. Almost missed it. I'm buying tomorrow.
Even though my SPY Cycle Patterns suggest today is a RALLY day, I see the SPY has extended to an upper resistance channel (near $414.80) and may pause/slide sideways/downward a bit today. I do expect support near $412.30 to act as a floor for any contraction. I would expect the SPY to hold above $412.30 and attempt to rally higher IF this price level is tagged...
Bias: Bullish (could be some profit taking early) Top Watches: Tune in to my Live Stream @9:45 EST for my full list of top stock watches Follow @JLaing for a timely morning bias of the market, top stock watches, and live day trading every morning!
NASDAQ:AAPL Has just broke out of a consistent channel that was formed in September 22. Anticipating a target of +168 next few weeks #AHMEDMESBAH
❗️IMPORTANT MARKET UPDATE! The SPX itself is currently retesting this resistance of this expanding flag, we will either reject from here, or we have a fakeout until our Point of Interest (POI) and we continue going to the downside and retest a major level of support (Around $3,000).
Looking for lower prices on GER30 to take out sell side liquidity pool
As spoken in stikstockitslive cord, this push was coming with more whale spouts to come. Remember that late entries can botch your PNL. Keep taking the money everyone! Great Job!!! --stikstockitslive
We have recently taken out the one-year downtrend, it previous November peak and the 55-week ma on the SPX and this is looking a whole lot more interesting. The market is now contained in an up channel. In this video we have updated the new levels of resistance for the market. We note the up-channel, located at 3900, it is now contained in and future levels of...
Amazon likely sees a continuation move into the multi factor resistance white trendlines. If it reaches that level it will likely encounter some sell pressure.
Google is near resistance but could push up a bit to tage and test the breakout trendline. The Fear and Greed index has now been trading in the fear side for 2 weeks. Usually prolonged trading in the Fear range foreshadows a near term downward pressure. What makes this intersting is the Fear index range was just tagged on the monthly & Daily time frame.
Constructive setup of a Cup with Handle 98/100 Relative Strength Sep22 - Dec 22 - Massive increase in Institutional Ownership (+370 new Funds /40%/)
Meta has rallied off of a major share buyback. This is now a perfect short setup as its approaching some massive resistance in a way overbought move. Accumulation on the short side should be high risk to reward setup.
Analyzing the Vix and discussing why we the markets could be in for a surprise in the next 1-2weeks as the vix hits major support. However if no surprise arises, and the vix confirms below key support, we may continue an upward grind.
Looking at the H4 chart, my overall bias for CRWD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 107.57, where the overlap support is. Stop loss will be at 92.32, where the previous swing low is. Take profit will be at 125.48, where the market gap and resistance level is. Any...
EUR/USD 🔼 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔽 USD/JPY 🔽 XAU 🔼 WTI 🔽 BTC 🔼 ETH 🔼 Earlier today, the Federal Reserve raised the interest rate by 25 basis points to 4.75%, aligning with Mitrade's estimates. The expected slowdown in rate hikes, however, did not spell the end of tightening monetary policies in 2023. Despite acknowledging the disinflation, Fed Chair Jerome...
Traders, I believe this chart is so important it warrants revisiting the data. Indeed, the fed has to be cognizant of this same data and is most certainly is watching it closely. Therefore, we must do the same. In this video, I am going to explain why the housing market data, even though it's week, supports my thesis of a blow-off top in the stock markets this...