They have money to burn - you do NOT!FED-backed pumping or rather re-pumping of the popped bubble, has taken the DJI to unexpected levels. I think they're making the same mistake all over again.
Have a look. No predictions. I don't do predictions. Tough.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Wallstreet
US30 SUPPLY AND DEMAND ORDER BLOCKSOur order blocks for the US30 WALL ST Index are working perfectly! Are you short or long?
S&P 500 SHORT 👇🏾💰4 REASONS WHY I HAVE BEEN SHORTING THE S&P 500. PLEASE VIEW VIDEO AND LEAVE YOUR COMMENTS AND LIKES. GOOD DAY MATES!!! ask yourself a few questions. Is this a bullish market ? look around outside first. Who is pushing this market up? The feds and then they will DUMP on your head!!! Lol wear a helmet please.
S&P & DJI Showing Strong P ActionBoth S&P and Dow creeping up to the mid point of their respective inner upward channels and flexing their strength. These markets aren’t out of the woods just yet and with Q2 yet to close out with one more month to go, will we see these markets pop up to the previous highs and safety point or trickle back down like mid Feb/march’s P action. A break of 2723.3 on the S&P and 22931.5 on the DJI I’ll be very bearish, however for the time being strength is being shown.
The following still applies, just updated overview charts:
S&P: If P action closes below the orange line at 2723.3 attention will turn more bearish and watch for market to fall to 2460.2. In this instance will reassess market dynamics as it may bounce in this range or continue to fall
Dow: The same flows for Dow Jones with P action closes below the orange line at 22931.5 attention will turn more bearish and watch for market to fall to 20842.4. In this instance will reassess market dynamics as it may bounce in this range or continue to fall.
STOP SCROLLING!!! EVER WONDERED WHO IS LIQUIDATING YOUNo direction for now but my 8500 target will touch soon NO TIMELINE.
EVER WONDERED WHO IS LIQUIDATING YOU
Well..frankly It’s ME. Let me explain this:
Wall Street is quite interested in Bitcoin and they are trading it...A LOT but.
-they not HODL
-they are not buying
-they only rob noobs who put all their hopes and dreams in bitcoin and altcoins who think that one day they are going to see 10000% in the portfolio.
-they are not hopping one day will get RICH QUICK
-their only goal is to make money everyday consistently over and over again.
So either you like it or not this is the reality you need to live with that.
Your only two options are:
-you are against THEM AND GET REKT FOREVER
-Or you join them (the smart way)
IF YOU CANT DEFEAT THEM JOIN THEM
HOW DO YOU DO THAT :
Well 1. They trade as a pack so they are stronger 2.they trade against you
3. They have a strict set of rules
So your only options are to find that rules and play by that rules.
I KNOW THIS RULES , I hard earned them losing tens of thousands of dollars and you’re going to do the same If you’re not listening to me.
If you trade alone you’ll get REKT because you’re hunted by people like us.
If you trade as a team you always going to get better chances. Give me a message if you are interested all my contacts are on my profile and follow me for more.
US Markets Drinking Red Bull? Got Wings Or Just Flapping For NowSome Positive numbers, let me repeat + p o s i t i v e this week pushing both the S&P 500 and Dow Jones to recover lost ground since earlier months in the year.
This is an update from previous posts that depicted the SAFETY ZONE (now previous high) for the market to reach, this will show that economic sentient has regained the power and strength that covid destroyed and also the prop’d up economy. Therefore the below remains the same until a break of this safety point;
VERY BEARISH if the following transpires before breaking the above safety points:
S&P: If P action closes below the orange line at 2723.3 attention will turn more bearish and watch for market to fall to 2460.2. In this instance will reassess market dynamics as it may bounce in this range or continue to fall
Dow: The same flows for Dow Jones with P action closes below the orange line at 22931.5 attention will turn more bearish and watch for market to fall to 20842.4. In this instance will reassess market dynamics as it may bounce in this range or continue to fall.
If a rise to Safety Zone seems the world is running ‘normal economics’ again.
*Note, not endorsing Red Bull, however sometimes need a 'pick me up' watching these charts all day.... 🔋🔋🔋
Second wave or no wave - the choice is yours! Just have a look. I present a case for probability south on the DJI (Wall Street).
Reality is catching up.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Possible S&P 500 Long, via 4-HourAs we can see, price failed an attempt to finalize a head and shoulders pattern to the downside. Price pushed back up and closed above the neck line. Price also made a three inside out bullish candle reversal at demand. Price shall break and close above my 1 hour inverse head and shoulders in attempt to go back into previous supply zone.
COVID: POP! BANG!This is the latest picture for COVID-19 deaths in USA v UK. The virus has pricked the DJI'S bubble!
I don't see any plateaus or defined peaks. A peak is defined relative to a trough. No trough, or retracement means no defined peak. There is a whole lotta spin out there in lamestream media telling us that COVID has peaked. I can't see it.
The virus's pinprick caused a POP. From April 2020, it took off with a BANG! The FED believes it can fight a virus with free or easy cash. They don't seem to be winning (at this time only).
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
US Markets Maintain Gravity Defying Despite Current World EventsSimilar write up to last week much remains the same until S&P and Dow Break previous highs (S&P above 2900 / DJI above 24600)
S&P: If P action in the next week closes below the orange line at 2723.3 attention will turn more bearish and watch for market to fall to 2460.2. In this instance will reassess market dynamics as it may bounce in this range or continue to fall
Dow: The same flows for Dow Jones with P action in the next week close below the orange line at 22931.5 attention will turn more bearish and watch for market to fall to 20842.4. In this instance will reassess market dynamics as it may bounce in this range or continue to fall
If markets stay above these initial levels for the next 3 months (i’ll be surprised) however this will look like economies are back in order from COVID-19 and running ‘normal economics’
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Short indicesI think the worst has yet to come to the markets, as we are discovering the real impact COVID-19 has on the economy. Right now US30 and other indices appear very inflated.
After testing some highs, I am looking to short US30 trailing stopping it to previous March lows.
• US-China trade war tensions still lingering
• Lower daily highs
• Sluggish easing of COVID-19 regulations
• Rising gold prices
• Dismal US economic data released this past week
• Huge losses in earnings of major companies
• Less consumer spending
• More money printing
• Possible second wave of COVID-19
• RSI divergence on the daily chart
• Possible W pattern formation
What are your thoughts and comments?
Happy trading!
US Markets Defy gravity - S&P / DOW JONES Weekly Consideration S&P: If P action in the next week closes below the orange line at 2723.3 attention will turn more bearish and watch for market to fall to 2460.2. In this instance will reassess market dynamics as it may bounce in this range or continue to fall
Dow: The same flows for Dow Jones with P action in the next week close below the orange line at 22931.5 attention will turn more bearish and watch for market to fall to 20842.4. In this instance will reassess market dynamics as it may bounce in this range or continue to fall
If markets stay above these initial levels for the next 3 months (i’ll be surprised) however this will look like economies are back in order from COVID-19 and running ‘normal economics’
The above is a very basic observation at present as I scan charts. Larger write up to come, stay tuned.
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Zoom to end their call? Prospectus...A classic head and shoulders by the almighty Zoom. It's not unlikely that their run is coming to an end, but we could see a bit of upside before we suffer downside. I would expect a bit more reactionary price action before the main crash.
We have a textbook Head and Shoulders forming, with a consistent neckline in line with the hourly open. This has been a stock I've been following for a long time, and I've had the Head and Shoulders idea since the 24th April, or its second peak. It's very difficult to analyse stocks, as they tend to follow fundamnetals more - but I'm really confident on this one. It's not often that the H&S pattern fails, let alone reverses. We shall see how this plays out alongside the falling volume.
Be careful with this idea, as it could reverse for a second time. Place a stop loss where you can afford to take losses - I have placed a potential point of entry on the chart, but personally I will enter here - as I can afford to do so due to my level of margin. Trade responsibly. NFA
HSBC Pushing Upwards...HSBC is the best bank stock to buy and hold right now. Note the hold element in that statement. Take security in the support level mapped out @ 20.50. This is very likely to hold, but we could be in for some consolidation here. It's very likely that HSBC will hit the target in the 'entry price'. From there, we have two scenarios.
One is that it lifts off from that target due to the local support within the range charted. If this happens, then we can expect HSB to hit our target with very little effort.
The second scenario is that it consolidates and goes slightly below our entry, before potentially falling through/holding that level and sitting tight for a week or two. We need sufficient volume in this situation and we should be looking to get a safe entry at all costs. Whilst the volatility is residing, we can take a technical outlook and chart onwards from there. For now, however, I think the idea presented works perfectly in conjunction with what the chart says to us here. I would expect this target to be hit by the 1st June at the latest, but as early as next Tuesday.