Every time RSI has reached the 30 level it has bounced aggressively. With the recent fall of #kingdollar, stocks & crypto spike, & $VIX crush, I expect a REVERSAL PATTERN with a SURGE IN VOLATILITY. If margin calls get triggered we could see a MASSIVE WATERFALL SELLOFF in RISK "assets". Protect your #kingdollar. HEDGED with for CRISIS with $UVIX $UVXY. GL.
RULES: -If price break Point 2, 4, 6, or 8 cancel the setup -Price needs to break Point 1, 3, 5, or 7 to confirm the setup When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal The market can Truncate(fall short)
To validate my SP500 count I looked into DJI and was pleasantly surprised to see that most of my previous labelling stands. Where DJI has diverged from SP500 is that it seems to be developing a more robust and clear ABC structure with a nice, pronounced expanding triangle in the middle as wave B. It should be noted that EW rules treat expanding triangle as the...
RULES: -If price break Point 2, 4, 6, or 8 cancel the setup -Price needs to break Point 1, 3, 5, or 7 to confirm the setup When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal The market can Truncate(fall short)
RULES: -If price break Point 2, 4, 6, or 8 cancel the setup -Price needs to break Point 1, 3, 5, or 7 to confirm the setup When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal The market can Truncate(fall short)
RULES: -If price break Point 2, 4, 6, or 8 cancel the setup -Price needs to break Point 1, 3, 5, or 7 to confirm the setup When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal The market can Truncate(fall short)
Treasury yield is the effective annual interest rate that the U.S. government pays on one of its debt obligations, expressed as a percentage. Put another way, Treasury yield is the annual return investors can expect from holding a U.S. government security with a given maturity. Treasury yields don't just affect how much the government pays to borrow and how much...
RULES: -If price break Point 2, 4, 6, or 8 cancel the setup -Price needs to break Point 1, 3, 5, or 7 to confirm the setup When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal The market can Truncate(fall short)
The weekly ADX indicator is sitting at 8 (NO TREND) at the same time VVIX reached it's lowest value since March 2017. EXTREME COMPLACENCY can be presumed. A market without fear is DANGEROUS. Either markets continue higher in the face of continuing rate hikes & QT or markets SELLOFF & VIX spikes catching everyone offsides. I go with the latter. Expecting VVIX...
SPXUSD daily guidance is cautiously bullish. Recommended ratio: 80% SPX, 20% Cash. * GOLDEN CROSS WATCH . US December CPI came in 0.1% lower than in November (which saw a rise of 0.1% from October), whereas Core CPI came in 0.3% higher than in November (which saw a rise of 0.2% from October). The UofM Consumer Sentiment Index (Preliminary) for January is...
BINANCE:BTCUSDT Resistance zone: 18800 Support zone: 16200 Next target: 14700
The primary trend is short Target 1: 223 Target 2: fibo 1.38 level, 213 Target 3: fibo 1.618 level, 206 If the price breaks out upwards: Target 1: 250 Target 2: 257 Target 3: 276
Instrument: COMP Optimal technical indicator: Momentum 140 Current signal of optimal tech indicator: LONG Optimal technical indicator win-rate: 58% Days for backtesting: 2221 Timeframe for backtesting: 1D Price at the time of forecast: 11 079,1570 Enter point (market): on chart Take-profit (model data): on chart Current stop-loss: on chart Multiple for stop-loss...
I've become interested in BZYR which trades only OTC at this time. Why is this OTC stock of high importance for long term investors? In order to set this out my post is broken into various parts: 1 - Introduction 2 - The historical battles 3 - Efficacy of a cancer treatment 4 - Summary 5 - The risk to reward for long term investors. The above cannot possibly...
#PYPL standing on long-term support, looks like a potential bet to enter now. First target: $100 Second target: $122 Third target (called paradise): $174
The only other time the 9EMA crossed under the 21EMA on the monthly was the 2000 Dot Com & 2008 Great Financial Crisis. (Noted with the blue + symbols & down arrows). Each time, the RSI was near 50. Each time, the ADX indicator has been lower than the preceding level (in the 20s, WEAK - NO TREND. The massive drop in monthly volume should be noted. When the...
The ADX indicator was rising from 15 (weak trend) to 35 (strong trend) since March 2022 before a recent decline. As the dollar has lost its strength, the ADX rolled over along with RSI. I believe the Dollar will find support here and begin another uptrend. Potentially a violent upswing as the Fed HAS NOT PIVOTED and continues to tighten financial conditions...
Technical Analysis and Outlook The completion of Inner Index Dip 3785 was a significant upsurge platform. The upside target to the Mean Res 4820 is in the process of being finalized, and the index continuously displays a bullish influence on the current market sentiment. The additional upside moves to Mean Res 4085, with Outer Index Rally 4140 currently being at...