Don't expect the US markets to react too harshly to FB and TWTR news this week. This custom US Index is showing overall trend strength and support as prices continue to accelerate upward. The earnings concerns of a few stocks may not have much of a downward effect on the markets throughout the next few weeks. These are just isolated events. As my friend used...
My NQ Cycle analysis lined up perfectly with this move. This rotation should keep the NQ between 7300 and 7400 for most of the next month. There is a chance the NQ could fall further, but I doubt it. Pay attention to my analysis posts and follow me if you like my work. I'll keep you informed of the markets as I see them going forward.
TECS could move aggressively higher over the next few days and my analysis shows any move above $23.00 could be a very strong upside play for at least 5+ days. I'm not suggesting this downside move in the technology sector will last long, but I am suggesting that critical support is still quite a bit lower than where prices are right now. Take a look at my...
Weakness below the current regression channel may prompt a larger downside move towards the lower price channel. FANGS may pull the US markets a bit lower on weak earnings and weak expectations. I don't expect this downside move to last long as the US economic is on FIRE and the foreign markets are rather weak at the moment. This is just a situation where...
Watch the ES/S&P for a massive breakdown or breakout move near this inflection point. My Tesla Arcs are showing price is, just now, breaching the current arc and that usually prompts a bit of price rotation. You can see from my price channels that any rotation lower would likely end near the Green upward sloping price channel and would likely prompt further...
Recent price rotation near my Tesla Arc indicator as well as near the upper range of the price channel shows a very clear indication that price will likely break downward - quickly. I would not want to be long the Euro at this moment and I would expect some continued strength in the USD as a driving force for this move. Either the USD strength will drive the...
The JPYUSD chart presents an interesting formation in regards to Elliot Wave formation and Fibonacci price theory. One could argue the current lows MAY form support given the past price action. Yet, I believe this weakness in price will likely continue for some time forward as I don't see the Japanese Yen developing any true support at this time. The dynamics...
If my newest research is correct, short sellers are going to get slaughtered over the next 10~25+ years. Pay attention to my newest research to see why you really need to read and follow my efforts to keep you informed. Do you see the similarities of the current market and the past market rotations? Can you imagine what the next 40~50+ years would be like if...
Imagine for a minute that one could find similarities between what is happening now and what has happened in the past. Imagine if someone could clearly present information that the $12T+ of global stimulus over the past 7+ years could drive a massive growth in certain equity markets and prompt a massive equity valuation increase over the next 5~25+ years. ...
Expect the NQ to rotate near 7400 for a few weeks before mounting enough upside momentum to breakout to the upside. We've already seen a 100% Fibonacci price extension of the previous price rotation. This move will likely prompt a brief price stall (near 3~10+ weeks) before a further attempt at an upside price breakout. Earnings will likely drive a broader...
My analysis shows the resent sub-$6000 price breach was a test of price levels that will be attempted in the near future. My predictions, drawn with the arrows on this chart, show what I expected to happen a week or so ago. At this point, FAIR WARNING, we have about 5 more days of relative calm upside price action before a critical time/price inflection point...
Watch out below, folks. It appears recent support may not hold in my custom BRICS index as Emerging Markets appear to be under extreme pressures. Recent news out of China, Malaysia and Mexico could lead to a complete EM market collapse. Chinese capital markets are under extreme pressure right now and over $1 trillion in equity shares have been pledged to...
The breakdown in my China/Asia custom index appears to be accelerating downward. I called this move over 4 months ago as I saw economic issues playing out in China that could be dangerous. With Malaysia's new PM, Mahathir, pushing to expose corruption and graft from locals and Chinese investment firms, I expect continue news to POUND China over the next 12+...
This QQQ chart shows that we are still well within the price channel trend that formed years ago. Until we break this channel, the trend is bullish. Trading this short term rotation is great for short term swing traders, but remember where price momentum is and where it appears to want to go - which is HIGHER. Play it smart or get left behind.
My analysis shows the US majors are setting up for a massive upside rally over the next 3~7 weeks. Many people are freaked out about the market's recent decline, yet this is just the type of price rotation that the market needs to advance higher. Failure to achieve new price lows will result in a massive price reversal driving prices much higher. Watch as new...
For those of you that have been following the metals, you may have one last chance to get in on this move before it breaks. The metals are setting up for a massive upside move and this chart shows you some of my work. This current CYCLE BOTTOM setup in silver is very interesting because the Silver market has STALLED and is ready for a massive upside move. ...
Metals/Miners Liftoff (Wave 3) : This chart is a bit complicated for some, but it clearly shows the pricing pressure that is building for a massive price move in the Metals/Miners sector. I've been considering the move and what would likely be the catalyst for any explosive upside rally in this sector and I believe it will be related to global concerns with Debt...
Be very cautious here. Price channels are defining price rotation and this resent top rotation as well as the breach of the upward price channel could be a massive SELL SIGNAL at BitCoin may attempt the $5k on a deep dive. I don't think those RED price channels will come into play if this move lower extends deeper. Pay attention folks