CYQOTEK

CYQOTEK

Not a fan of TA and think its just making excuses to draw lines and pretend that how life works.... but here are some doodles I came up with...it was too cluttered so I left the simplest one up and the rest follow just in a closer view... Just top to bottom at the first two pivot peaks and then parallel channel to the bottom and use decimals for each line to...

CYQOTEK

As like my other ideas, I used the reversal ascending/descending trend structure lines at high and lows..which allows for an interesting point or two to arise even if you dont see it through the clutter of chop or whatnot. Nice group with a little hollow sun which will be interesting to watch.

CYQOTEK

^^See my other idea on how the lines work and how I use them to see about the worthiness or V-bounces or to determine if flags are forming... only addition i will put here...is the application of a basic Fib retrace from the top start of the trend in descending pattern to the first breach of the line, after the second pivot point. So the yellow markers show the...

CYQOTEK

So if the SPXL tracks the SPY and is pretty chuck at the ATH.... And the SOXL tracks the SOXX and is at the ATL.... What am i missing that others get....cause when your semiconductors are said to the AI backbone and its our future..... Why is SOXS and SOXL relatively close in price... I mean SPXL (SPY long) is like 155 and SPXS (SPY short) is like 5...

CYQOTEK Updated 

All the annotations speak for themselves... but just a simple idea to see if there are levels that make sense if the descending line were to be reversed and applied to the ascending trend. Have to follow those rules, and if too cluttered on choppy weeks- then hold the bottom line and only increase the newest line if you have price chopping greater than the...

CYQOTEK

Just a simple use of Fib extension with basic settings and reversed to show what a twin peak can do if inverted... hit pretty much everything. Don't use the fib extension on meaningless points....make sure they are substantial as in extreme pivots, or a pivot top to bottom and then the top or plateau of that bull trend up. 4hr close up...kinda close eh?:

CYQOTEK

Just a simple extension using basic settings//// quite the serious number of levels hit and sometimes, things work So are we looking at a smidgen more up and then double resistance and then down? Who knows...but closer view:

CYQOTEK Updated 

Same as all my others, so for reference see my earlier ideas for better grasp of what I do... But when the dollar changes, you must track that with price to see if things are in inflated territory or deflated territory. As in, gold goes up cause the currencies its measured against go down....cant view it another way. So if SPY is overdone, it should be higher...

CYQOTEK

Same as before..just stock vs DXY and then plot points matched from bottom to top.. Hitting an interesting level..no?

CYQOTEK

Not much to say... view other posts/ideas of mine to see what the whole idea of stock/DXY is used I do a bunch of stuff on the lower chart, Stock/DXY, and translate it point to point on price chart... here is the 4hr chart in closer view:

CYQOTEK Updated 

Lets just few the picture and let it tell us a 1000 words. Everyone says to the moon...Just like 2009, up we go....Just like 2020, up we go But let us view it another way...eh? You "stole/froze" whatever you label it...Russian Assets and kicked them from Swift, which they return the favor by arguing that the ceasefire deal cant be done cause they don't like the...

CYQOTEK

Funny things happen when you use a little reasoning... don't need to explain more...but weird how the levels and the patterns just scream right at yah...

CYQOTEK

Again using my gold/ DXY ratio and plotting exact line on their respective closes I have placed a few lines in areas worth people's interest...which people..no one knows... but he is the dot chart as always

CYQOTEK

Look at my other ideas for further explanation...but simply put: you cannot judge a price if the price moves, ergo the price of a stock is then a derivative of an unknown. If I cant be certain of the price of said money, then how do I derive the price of a stock. Well that's where the stock/DXY comes in...it helps to value to currency at the current rate at the...

CYQOTEK

Using a gold futures continuous contract and the DXY i simply plotted the ratio and picked picot points to create a parallel channel on the GC1! graph....to which I doubled up the channel, or channel stacking, to see what would occur. Make sure to utilize the "L" Log function in the bottom right of that chart to see something that may not be there and how...

CYQOTEK

Simple plotting the SPY against the DXY and running parallel channels from significant pivots can help... But then using a Log scale to help smooth out erratic price movements and allow more linear price analysis you get what is above. Just a simple set of levels that are found by taking the same point on both graphs and then doubling the channel on the SPY...

CYQOTEK

Brief thing here...but taking a NVDA price point and dividing it by the DXY to achieve a lower graph. Then taking two lows and a pinnacle high to form a parallel channel with a 50% marker. Can see how there is little usefulness in the below chart...yet the top one is quite interesting. The circles are places of interest and some levels were gapped up without...

CYQOTEK

Basically modified a script I used to check a stock vs gold by ratio. Decided that was dumb since gold is the base of all money and stocks are no priced in gold. So I modified it to take the ratio of any stock by the current DXY of that time...both date and timeframe. To which this is created. See how all points highlighted are equal on the graph and the...