Who would've guessed? Rates plant all longs. Some people never learn.
Chart is simple enough. Time for this pyramid scheme to collapse unto itself. Feb. 2023 Target: $8.9
www.tradingview.com Quite a melt up. Seems it lasted a whole 10hrs, nearly amassing an entire 5% during that time.
Demand for USD is drying up. I don't see this as a bullish signal for equity markets, perhaps a very brief bullish reaction if so. I see this as a massive straw preparing to break the camels back. Demand slump is involuntary. A window into the state of economies outside the U.S. Seasons change. Welcome to Autumn. In the case of a pop, I see $4300 being the...
www.tradingview.com Don't even have to break the channell to hit $7,000.
Target: $3316.03 The epic short-squeeze rally off of the June lows was far bigger than I anticipated. The FED Jackson Hole Symposium should be the renouncing end to the rally.
The impressive perseverance of Retail Traders has/is allowing Wall Street's most somnambulant and exposed to 'cleanse' themselves and hedge against the inevitable. This was rampant in 08' and, TO ME, it does not seem the major disconnect between the Equity Markets and the Global Economy is reflective of a severe level of "complacency". With too many looming global...
Textbook RSI Divergence complemented by a head & shoulders pattern. Put options currently hold the risk of being practically illiquid, though the potential returns are substantial were this to change. 07/2023 Price Target: $10.5 My Sole Opinions & Analysis.
Intermediate target is $80. Long term is $20. Earnings for Canadian banks is in late August. With the pressure the BoC is placing on Canadian homeowners, already declining home prices, in addition to unrelenting inflation this earnings season could spur a massive wake-up call throughout the Canadian economy. It appears the BoC intends to lift rates 350bps by...
Relief rally into earnings. Earnings estimates are revised lower and reports disappoint, sinking the market to complete wave 5. Acceptance stage is entered. As current remedies to the issues impairing the economy show no sustained resolve and the consumer is completely crushed, capitulation triggered by October earnings will snap the market, nearly in...
Forget Charts. Absolute Plunge. Surprised it took this long. It's Over.
I believe that the effect of inflation expedited the grief stages of the current Bear Cycle, combining the Anger and Bargaining stages. In my mind, collapse will undoubtedly follow the Depression stage If the wave cycle is completed. I can easily see the so depleted investors entering the Depression stage if the market forcefully moves down following the...
Housing Market Bubble topping, implosion as soon as 2023. Debt Cycle unable to be extended. Target: 20.
Market to reach 4300-4500 in June. This will be followed by a drop to 3800, then a bounce to 4300 before reversing to 3500. Recursion or possible collapse until 2100. Worst case scenario: 1600. Macro factors apparent.