Be prepared. China looks as though it is about to break down VERY HARD and VERY FAST as my Fibonacci price amplitude arcs suggest recent price rotation is setting up for a deep downside price move. My estimate is that this will happen on or after my Aug 19th projected breakdown date. My opinion is that Asia/China are about to crush the market with a complete...
In case you missed it, check out the arrows on this chart to see what I predicted would happen over 35 days ago in BitCoin. Kinda hard to argue with this analysis - eh?
Extended price weakness appears to be pushing Asian currencies below historical price channels. A breakdown from this support channel could mean a complete breakdown in currency values going forward. This may be the beginning of much lower price exploration in an attempt to fund support. Hold onto your heads and profits folks. The crap may begin to fly soon.
Using my proprietary Fibonacci Price Amplitude Arcs, is this the future of Silver? My research suggests that Silver is still forming a Wave 1 pattern and has yet to setup any type of correction that constitutes a Wave 2 formation. If my research is correct, we have a long way to go before the upside move in Silver is over.
My analysis has been nearly perfect. My Fibonacci amplitude arcs are clearly indicating multiple levels of resistance continue to hold Gold below $1450. Once these levels are broken, Gold will skyrocket higher. Won't be long now folks. Watch how this blows past $1500 and lands somewhere near $1750
Follow the ARCS on this chart. Price will likely stay within the HEAVY MAGENTA arc level and collapse back to levels below $6000 over time. Unless some event drives price higher, the reversion trade to levels near or below $6000 is the most likely outcome.
My expectations are that earnings will come in much weaker than Q2 2018 because of the trade wars and consumer demand decreases. Yes, there will be some positive news, but I believe the markets will change dynamics based on forward guidance and Q2 earnings data, rotate lower and setup a sideways pennant formation that will eventually setup an August 19, 2019...
I believe the recent upside price move in Gold is the start of a very large PARABOLIC price move that will eventually see Gold well above $3000/oz. Pay attention to my research.
Precious Metals, Gold & Silver, should begin an upswing over the next 20~50 days with an almost immediate upside move to above $1350 for Gold happening within the next 30 days. Silver will follow this move about 10 to 30 days after gold. The upside potential for this move in Gold is incredible. Likely targeting $1450 before mid-June and well above $1550 by...
BitCoin looks poised to ATTACK - and it could be a good thing or a bad thing depending on your position. Multiple price trend-lines and price channels are showing that BTCUSD will have some trouble breaking above the BLUE price channel from years ago. Yet the most interesting component is the new MAROON price channel that is setup from recent highs. Remember,...
If you follow my research, be prepared for an immediate downside rotation starting near March 5th ~ 11th that will likely result in a -5~8% downside price swing. This will NOT be the massive crash that so many other people are predicting. It will likely end as a momentum base setup near the -6% levels that I'm suggesting for the ES and YM. The NQ will likely...
I have to state that I believe BTCUSD is poised for a price breakdown towards the $1300~1500 price level unless something changed in the Crypto landscape here soon. I hear pundits continue to talk about "the technology behind" the crypto market. Yet, even with all this technology, the DEMAND side of this economic experiment has continued to falter. The HYPE...
Pay attention to the bigger picture, folks. The past suggests the future. Post 1973, the gold standard ended and a boost in equity valuations followed. After 1985, a similar boost setup after Reagan initiated a technology boom. The contractions in the market in 2000 and 2009 were related to growth constraints and excesses related to out of control...
Don't let the nay-sayers confuse you. The ES is headed higher. Probably towards 2675 before finding any resistance. The RED Fibonacci arc is leading price as SUPPORT and has proven to be a valid driver of upside price action. At this point, just ahead of earnings, I feel the US markets are poised for a surprise rally that will push a massive short squeeze into...
Be prepared. Bitcoin is poised to make another move lower on price divergence. This move could result in a price level below $3000 (or lower). Don't fall for the comments that Bitcoin will turn bullish anytime soon. The dynamics of the Crypto market has to change before any new bullish rally will begin.
I've been calling this move for months. The washout low rotation in the US stock market is indicative of a deleveraging event tied to global capital exiting traditional (technology and small cap) investments. I called this rotation back in Sept 2018. The question now becomes... will this capital flush back into the US equities markets or will it migrated to...
Pay attention to this chart because I can't stress enough how important it is to understand price boundaries and ranges. This chart is a measurement of price elasticity in relation to the VIX and historically has shown that any price decrease where this Index falls to below $3.50 is, typically, a setup of a major price bottom. At this point, I urge all traders...
This, my custom Global Market Cap Index, is showing very good signs of a market bottom setting up. We still have to wait for this bottom to confirm, but the early indications are that this move lower just before Christmas was likely a "washout" low price rotation that will prompt a decent price bottom setup. I've been searching through my charts and my other...