This could be a big move in the Cannabis sector with a very broad Pennant/Flag formation setting up. Great opportunity for another Reddit/Retail rally with the pending cannabis legislation being discussed and a strong technical price pattern confirming a potential breakout move. Are you ready for another big rally in the cannabis sector?
If you have not been paying attention, get ready for some real volatility and big rotations/reversions in the markets. It is time to put on your BIG BOY/GIRL pants because the markets just exited a simple upside trend bias and entered CHAOS with a new downtrend setting up. If you don't know what to do, then you better start paying attention. This downtrend...
This Custom Index helps to gauge market peaks (above 12~13 usually) and bottoms (below 7~8 usually). When this Custom Index hovers above 10~11, the market tends to trend higher with volatility event ranging from 7% to 11% in price breakdowns. The fact that this indicator has broken a historic standard deviation channel because of COVID and quickly regained price...
For all you Diamond Hands, get ready for some more downward price action. China's actions to stop mining, transactions, transfers and other Bitcoin/Crypto activity will likely move into other Asian/European nations as well. The IRS is now starting to require reporting of Crypto transactions over $10k. Guess what that means, the part is over. The enthusiasm...
Boy, this chart look like fun. After a 100% measured advance, Bitcoin is collapsing. I'm sure I'll hear from the regulars because I'm not a Bitcoin/Crypto fan - but from a technical standpoint - wasn't this rally fun? Now, that Bitcoin has collapsed, and may continue lower, are you going to chase this all the way down? The rally was great for everyone who loves...
A Depreciation phase of the US stock market started in mid-2018. The current rally in the US stock market is an EXCESS PHASE rally (very similar to the Gold price rally from 2009 to 2011 where the real Gold price appreciation phase ended in 2009, but the peak in price didn't happen until 2011). It took until 2013 (over 4 years after the true end of the...
If you follow my research, you'll already know I do more longer term research. I believe the next 2 to 3 months could see Bitcoin collapse to levels near $6000 or $4050 as the US/global markets breakdown on Q2 global economic data. Be prepared. This could be a BIG BREAKDOWN.
Are you ready for some really wild price action? Take a look at 2008 and compare that price action to what is happening right now. My research suggests we have reached a peak and should begin a broader downside market move ending in 2021 or 2022. Be prepared. This is not the ultimate bottom in the markets and the 2021 to 2022 bottom will not be the ultimate...
The financial sector is sending a huge warning to all skilled technical traders. You think this big rally in the NQ, ES, YM and other is really the bottom of the market? The stock market is based on perceived forward earnings, guidance and performance of individual stocks/companies. The COVID-19 virus event has blown a huge hole in the bottom of our boat. 40+...
Pay attention. Multiple Fibonacci price amplitude arcs are setting up for what could be a massive downside price correction. This could be as big as 15 to 25% or more. We'll have to see how this sets up - but I believe a large price rotation is setting up and I believe it could be tied to a fresh round of defaults across the globe related to early 2020 debt...
This GREEN Fibonacci Price Amplitude arc is a massive resistance channel. It should not take long to learn if the market is going to rotated after reaching this peak. Plan your trades and protect your investments. Could get ugly very soon.
Gold has continued to trail within my proprietary Fibonacci Price Amplitude Arc levels as I have drawn them months ago. The upside potential for Gold is incredible. I've predicted levels well above $3750 in the future and I stand by those predictions. As some people have pointed out, my expectations that a downside market rotation would happen between sometime...
The recent stock market really is purely speculative in nature - like a massive short squeeze. The true valuation of this move is far weaker than the Sept 2018 peak. This type of rally is very similar to the DOT COM rally peak where enthusiasm drove investors to pour good money into the markets thinking "it would never end". Pay attention to how Gold, Silver,...
My custom indictor is suggesting we've reached a zombie new high in the general markets and this indicator has reached highs equal to levels near December 2017. My interpretation of this peak is that the market could continue to try to push a bit higher - but overall this level has historically been an extreme overbought level and the markets have typically...
So many people dissed my Tesla Amplitude Arcs when I first started showing them to people. Take a look at this chart and follow how price has topped along the arc and is now setup at a major inflection point where support levels meet the amplitude arc. Questioning these arcs still and how price reacts to these measurements of price energy? What do you think is...
What do you think? For any of you that follow my research, you'll understand that this chart (including the projected down arrow) would indicate a complete collapse of the Global captital markets and present a "washout" of valuations across the world. Could it happen - you bet. Will it happen - unknown at this time. My research suggests a down trend will...
It really makes you wonder how people can questions my unique deployment of these Fibonacci Price Amplitude Arcs. Take a look at this chart to see WHY they are so powerful. Then, when you read the comments from some of the people that dismiss my research, just remember THIS chart and what I've been saying for the past 5+ months. Good luck to all you Crypto...
If you are not following my research, pay attention to the arrows I drew on this chart months ago and watch what happens. Crypto traders - get ready for a very big move to the downside. My Fibonacci price amplitude arcs are showing you where resistance is located and WHY BitCoin will likely collapse down to levels below $5k. And guess what? It will likely...