Get started

This

$DENT is now completely out of the woods. Manage your entries.Huge Descending wedge break took place, Swing failure pattern just got set up. Next swing low would be point of interest. Dashed lines marked in chart tell you where the big boy buys will kick in. Telco is Indeed and great use case for blockchain. Remember they have they're own Substrate blockchain on the works. Billions of dollars of market cap very attainable. Candidate for a ATH once again. Long term investment for that of course but do with it as you will.
Long
by DaMaximus
S&P: With Emphasis on PoorWith everyone calling for another turning point in the S&P, the short trade is becoming less crowded. I prefer SPY 300 puts dated about six months out. Here are some ridiculous arguments I've heard for the recovery. 1. The fed will pivot or pause A fed pause or pivot indicates that economic conditions are too poor to continue hiking, implying that mass layoffs are already happening. There's nothing bullish about that for growth-chasing equities desperate for earnings. Companies are tightening their balance sheet because they can't generate profit and you're buying them? 2. Inflation is sticky bro Remember when we are all experts on the used car market? I do, that's why I sold my used car for more than the price I bought it new over five years ago. The common consensus was that the prices would keep going up, well the common consensus was--as usual--dead wrong. Used car prices have been dropping ever since. The manufacturer deliver times have stabilized since and production resumed in spades. Now the price of used cars continues to drop and the experts are nowhere to be found. Where are they hiding? They're hiding under a new narrative: inflation is sticky bro. I'm supposed to believe that a stimulus can reverse the effects of a mountain of debt and poor worker demographics projected to decrease for the next five years. We aren't in the 1970s anymore, the populace doesn't have the demographics to naturally drive inflation. This is a monetary issue and crushing demand will quickly undo what was done with COVID. With supply chain disruptions no longer an issue, the last man standing is oil. Can oil alone continue to drive inflation as a singular microeconomic phenomenon while the services sector which consumes the highest amount of oil comes to a standstill? I think the answer here is no. 3. The strong dollar will drive foreign money into equities This is by far the dumbest argument I've heard people parroting, and I would really like to know where it's coming from. The idea here is that the rising dollar will cause foreign currencies to drop and this will cause those market participants to buy the dollar and then buy equities, saving the equity market for some reason. Nobody can seem to explain why these supposed market participants will buy the falling equities instead of just holding the dollar or some form of fixed income. Are these market participants completely obtuse to what happens to equities in the event that nominal growth declines and earnings fall? Do these same market participants not realize that a recession will put an eventual pause on hikes and the dollar will reach a cycle top while equities continue to crash. The whole argument is based on an assumption that dumb money will enter the market before the recession and lacks historical precedence. If you know who originated this idea, I would like to hear from you. In conclusion, there is no reasonable argument convincing enough to call a bottom for equities aside from contrarian aspirations of "stonks only go up". In which case you're in for a big surprise and only depositing your money into Jerome's money shredder. The equity bull sees SPX at 3000, the bear sees 2000, the pig buys here now calling a bottom. There's no bottom in sight here folks, and that's all.
SP:SPXShort
by coinhoIio
1
Pig Market: Why IDC about the CPI8.5 prior 8.1 expected 8.24 cleveland fed estimate ??? actual Everyone is going crazy about this CPI data like its gonna change anything. We already know inflation has peaked and will start to decline. It's doing that because the economy is slowing. The fed is still hiking and the inflation isn't going to go away fast enough for a soft landing. The markets may adjust to the data tomorrow, but it's not going to change our destiny: a recession by end of year. Find the next peak, sell it, or short it. This moon mission is cancelled and you'll be stranded in space.
AMEX:IWMShort
by coinhoIio
1
$WELL is one to keep an eye on!* Good earnings in the recent quarters * Very strong up trend on the monthly time frame * Very high 3-month relative strength of 14.02 in the REIT - Healthcare Facilities sector * Recently broke out of its all-time-highs from 2019 indicated by the red line at $84.63 * Retested previous all-time-highs as support for the past three weeks * Volume Profile showing tonnes of volume coming in between $81.22 and $87.55 and the PoC (Point of Control) being just around the ATHs from 2019 * Also printed a Pocket Pivot signal today with high volume Notes: * If this does pull back, I would expect the $84.63 area to hold as support as it was the previous all-time-high and also it's the PoC for the volume profile.
NYSE:WELLLong
by HaseebKhan_90
SHIBarmy breaks 7000?! On the way to 8400!?? Then $0.0001The banksters on Wall Street must be going, 40% gain! HALT, HALT! LOL Meanwhile, worldwhile cryptopennyflippers are dog piling this crypto aiming to do a 1000X with their worthless FIAT pennies. They are so worthless, pennies are BANNED in my country. We need new Penny! Make SHIB the new penny and DOGE the new dollar! DONE! Bitcoin is for the ultra rich, nations, large corporate treasuries etc. The people's coins are the loyal, trusted dogs led by mommy DogE led by DogEFather, "kid with the big rockets" SpaceX mission to the moon funded by DogE Shiba inu. Guarded against Wall Street with little SHIB that is running circles around the banksters and their puppets. Own some Bitcoin, Ethereum, Dogecoin and Shiba ! Once Shima takes a breather, I'll take one as well from SHIB. In the meantime! GO SHIBArmy to 8400, then preach the 9000 lines toward this next 24-48 touchdown at or near 0.001. Enjoy the ride. Please get off at the top and if you don't, have some puke bags ready for the nice ride down. This one might be a screamer! LOL I might jump off a bit to get ear plugs! LOL
by UnknownUnicorn2413721
For reference(PLEASE READ DESCRIPTION) LUNA-USDHello traders and investors!! 👋 I am watching LUNA closely and depicted above are some of my key points..👆📌📈 We recently broke up and out of a descending channel, but I am not convinced just yet, let's see if we bounce down from this possible resistance at the top of our triangle/wedge shape..!🆗↘↗🧐🔺 Just a few days ago there was news that the (80 percent drop in price recently) drop👀🐻 in LUNA token🌚 caused major issues with the price of Terra blockchains PIGCOIN🐷💲 pair (UST,) was down upwards of 11 cents at one point. 😨 PIGCOINS🐷💲, or (stablecoins,) are supposed to stay at a fixed price and not deviate in either direction (think US dollar) TERRA, having a large amount of reserves in their token LUNA, then had to buy up aggressively their LUNA token to fix the drop in UST. This does not go unnoticed and is something to consider before investing in this token short-term. Long term, LUNA is expected to make a recovery but it is always wise to use caution! Thank you so much for considering this chart/analysis of LUNA-USD, I always love your feedback!!!🐶🎉 🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Always have a stop loss ✋🛑💲 set🆗 Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Jazerbay
L
by jazerbay
34
TRX (WAIT FOR CONFIRMATION PLEASE)Hello.😃 I am looking to gain support here at current point after we have possibly bounced off of our blue trend line once again. Alternative is that we fall down most likely to the red line on chart (IMO.) This is a short technical approach analysis thank you. BTC dominance in the market is sitting at 41% today, this is very low. This means that money is moving out of BTC but not out of the market. TRX and BTC are very correlational so let's wait before investing in either of these in my opinion. This analysis is for reference in the event that we turn bull market. I would definitely not place a buy order until we see price action hovering more in the 0.136 zone and gaining some support there. Next couple hours is really moment of truth for TRX and BTC let's be patient with this! 🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Jazerbay
by jazerbay
13