Trendlineboys
Market Update 1/15/2023More or less things are still in limbo. There is a possibility that there would be a huge upswing if the vix can start this week under 17.83.
We will see if that happens.
At the end of the day the rise from Jan 1st was pretty easy to see and we are in the "take profit" zone. This never inherently means done be in or sell everything, but is better thought of (from a bullish possibility) as a wave 2 or wave 4 in Elliot wave terms.
I go over more specifics in the video. I am too lazy to put timestamps for this one, but I think its worth the watch or listening to at least. Not too much new if you have been watching the previous updates.
Market Update 11/12/23 With Time Stamps0:00 DXY
2:30 APPL
3:36 NASDAQ
5:10 BTCUSD
8:15 DIA DJI
9:05 What I want to see with the DXY
10:35 What I want to see with the VIX
13:00 HSI Hang Seng Index
15:15 GOLD XAU
16:36 MARA
18:40 NVDA
19:12 DKNG
19:34 PYPL
19:52 Closing/Good bye
Just an update from yesterday. Most things seem to be going as expected during this new year.
I still expect the DXY to drop to 98.3 or 99.6 before trying to make a good move upwards and possibly bringing the market down, but I am still looking for a potential reversal at 12.324. We are currently under this target and that is why I say reversal. In my mind and at the moment, the odds of the DXY continuing further down are 70/30.
Timestamped Market Overview 1/1/23 Short Version of DXY and VIX 8:24-9:24
DXY 0:14
VIX 4:45
APPL 9:25
HSI 11:11
NASDAQ 12:10
BTCUSD 14:18
MARA 16:00
PHUN 16:47
NVDA 16:58
PYPL 18:15
TSLA 18:55
Closing words (Will be interesting to see where the dollar opens) 19:43
Overall I think things look fairly bullish. At least in the ability to regain some of the loses from the past two weeks.
My big issue as always, is that the dollar is dropping more and more and stocks just are not going up as much as they need to in order to counterbalance. If the DXY hits 98-100 and bounces, then it wont be pretty for stocks if they haven't positioned themselves from a technical/chart perspective.
Market Update 12/18/2022TimeStamps:
VIX 0:00
APPL 1:03
NDQ,DJI,SPY 5:12
BTC 6:24
DOGE 8:38
HD 10:50
DKNG 14:00
META 15:18
PYPL 16:18
Just an overview since the last video and some thoughts moving forward.
I hope you all are doing well. Sorry for not being on as much as I used to. I hope to be on more in the future.
Market Update 12/05/22: VIX FocusedIm too lazy to put timestamps in for this video. The first 4 minutes I go over the VIX and what I expect moving forward.
The market is kind of wonky so maybe anything can happen.
Long story short, last week the VIX hit two big targets: 19.8 and 19.08. I think we may stay in this area before moving up as long as we start the week somewhere slightly above 20.37. Though the VIX looks more bullish than bearish at the moment.
Stocks & Crypto QuickFire: Time StampedTimeStamps:
DOGE 0:18
SOXL 3:22
PYPL & DKNG 5:22
LTC 7:46
ETH 8:50
HSI 9:50
GOLD 12:00
PHUN 13:40
SLP 14:58
MSFT 16:14
NVDA 17:10
TSLA 18:00
AUDCAD 19:04
I say something like 17-6 in the beginning when I'm looking at DOGE. I meant to say 7.6 cents when referring to 7.6 cents being a smaller position entry area and 6 cents for a more sizeable one.
Market Update 11/30/22 Timestamps BelowReal support for Vix is below at 19.8 and 19.4 with the strong trend line at 17.6. Though Powell did have bullish comments today, the price movement of the VIX supported the likelihood of a market move upwards more so than a market move down.
Time Stamps:
VIX 0:00
APPL 11:00
NASDAQ 14:39
DXY 15:40
BTC 16:50
SPY & DJI 18:22
Market Update 11/29/22: APPL, VIX, DXYThe Quality of the Video is 3x better if you full screen when watching.
I still feel like there could be some bullishness coming in here. I am not sure if this bearishness will stick. I go into more depth in the video.
I am looking forward to seeing where the vix starts/goes tomorrow before the market opens.
Market Update 11/24/22: VIX FocusedPretty much were back to the big averages that we were around during the august 16th and 17th drop.
I try to keep it brief in this video.
If I HAD to guess, I would say the market will move back down soon based on the VIX. A big break in a 5 year trend would be for the VIX to drop under 17.50 and start a new week or month candle under that level.
Take care.
Pre Market Outlook. APPL, BTC, GoldTimeStamps:
APPL 0:00
NASDAQ 2:57
BTC 5:55
DXY 8:33
VIX 10:05
GOLD 13:24
DKNG 15:28
TLDW: I want to see appl start above 155.50 on the day and preferably the week time frame candle as well. There looks like a strong price range between 155.50 and 169, which looks like easy money.
Things still look worse than better, but at least there are fairly well defined points to where things look good to trade.
Though DXY and VIX both look fairly likely to keep moving down, it doesn't seem that the market is going up as much as they are going down which could be another problem.
Oil getting hit pretty hard doesn't really help anything here either. The actual economic outlook is horrible and people are still spending more money than they have.
I don't see how things get better (in real life), but I'm not sure traders or bots care about actual data outside of charts.
APPL Update 10/25/2022Right side: Day timeframe
Left Side: Week timeframe
Main point of the idea:
We have had 2 great starts to the market right above the 142.65 mark. Two days later, we started the day candle above 146.28 (the Day 200). With that in mind, the buy up was not surprising at all. As I always say, I am mainly concerned about where we start the trading day/candle.
The issue now is that we are back to where the actual resistance is (151.82-153.46. So there is a much greater chance for things to get sold back down. In other words, we are at the take profit spot.
A day candle starting back under 149.70 will most likely be a bad sign. Starting under 151.60 will look bad as well. But we will see.
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I will put out a video tomorrow. Its been tough not being somewhere I get both internet and amazing speeds. I am currently doing this by using my phone as a hotspot.
Sorry I have been away, the internet isn't up yet, but I should be able to upload a video tomorrow.
Where I am at has no internet, the family member I am taking care of has no internet and my other nearby family member had upload speeds of 3mbps.
For reference, before I came up to NY, I had 380 download and ~200-300 upload, so the 20 minute videos (~700MB/5600Mb) didn't take long at all to upload to TradingView. An actual progress bar would be nice as well so I know if my upload is even still going.
Market Update 10/5/22TIMESTAMPS:
________________________________________
Intro 0:00
APPL Today's Movements 0:55
NASDAQ Quick 2:35
BTC Quick 3:43
DXY Being Weird 4:27
APPL Talking opening Targets 6:50
Possible VIX Concerns 11:30
USD/WTI 13:48
Hang Seng 16:28
________________________________________
I will see you tomorrow at 9:30
Market Update 10/4/22TIMESTAMPS:
________________________________________
Intro 0:00
BTC Update 0:20
APPL Today's Movements 5:04
APPL Talking Opening Targets 9:06
Possible VIX Concerns13:42
NDQ 14:17
USD/WTI 15:15
Some Stocks and Gold 15:56
Closing Statements 19:20
________________________________________
See yall tomorrow at 9:15 EST
Beep boop. Beep Beep boop.
Beep boop. Beep Beep boop.
Market Update 10/3/22 Fight for $142.65TIMESTAMPS:
________________________________________
Intro 0:00
APPL Possible Movements 0:28
APPL Today's Movements 4:15
BTC Recap 7:05
USD/WTI 14:25
ETH/BTC 15:30
XRP/USD 18:44
Closing Statements 19:45
________________________________________
I'm too lazy to type too much today. In the video I go over what I want to see in the first 1-2 minutes. If you want an update on what the market did through my perspective, then check out the video after the first 1-2 minutes.
I go over BTC in the second half of the video, but nothing has really changed with BTC since yesterdays update. It is just moving with the market and we saw the entry point yesterday after the Week candle change. The short spots are still there if the price reaches. Most likely we will not get there until/if the stock market drops.
142.65 is still where APPL needs to fight for.