I believe we have topped for this cycle prematurely thanks to too much leverage and participation. See you in a few years! (unless something changes dramatically) All the best everybody! Not investing advise
I think if the lows hold in this chart, we could be setting up a long term long opportunity. On the flipside we could also go to zero. I am sizing my position as if it can go to 0 Not investing advice. Please do your own due diligence
We are approachig the final spike of this bear market rally - expecting it to be till mid May
I believe we will get 50% discount by June/July this year.
I went back and redid the ultrabull case, and it seems like we are following the 1987 and 1962 pullbacks quite precisely. Next, we should see a move back to 2300-2200 over the next 2 months and then rocket to 4000 area and then 5000 areas where we should see the next major top.
When the market changes, we also must. With the volatility reducing the way it has been, I must jettison my older ultra-bear count to ~1400 and instead view the market in a much more constructive manner. I am now of the opinion that we will only head back to the lows - potentially staying above 2400 in the next month or two, and not really make new lows. After...
Cycles + Price seem to be aligned for a trip to ~210 by 2nd of June. That should be a generational top in bond prices, and generational low in bond yields. Bond prices should accelerate starting today.
I am sad to think of the reason for this kind of collapse, but definitely a pattern exists. Have a look at the MELI chart, whicch provides a blueprint of the pattern. In a sentence - it is a expanding triangle, and then a retrace to between 0.5 and 0.618 and then a really strong wave down = 0.764 to 1.0 of the width of the megaphone. In the case of MELI, we...
I think we are beginning a momentous rally into the 1000s in NFLX shortly.
So far after periods of long consolidation, the ZB has targetting the 1.618-2.0 fibonacci extension of the prior peak to trough distance. If we apply the same logic here, the move up might just be mid-way now. Trade carefully. Educational post only. Follow at your own risk
Should see sharp down over next few weeks
Looking for 17 or so for a solid short position for my portfolio
But this should be a slightly longer term peak as per my calculations
I believe we have bottomed in BTC - stop at 7700
I think after a hit of 8.0 region in CRON, we will be off to the races
Should see the 120s in the next year or so