Central banks are (again) helping bulls by keeping the stimulus active until they see higher inflation - according to rumors and speculation of the last three days, ahead of the next ECB meeting this Thursday, October 20, 2016, where Mario Draghi might surprise the market to the upside again, after the reaction to the last meeting was a falling stock market. This...
After a long battle the bears are gaining control again at the start of earnings season one month before the US election. The odds for the bulls to hold the red trend line the next weeks are slim and falling, therefore I drew four scenarios how the "S&P 500" might move in the last quarter of the year 2016 and further in the year 2017 after the US election. I...
Here is a very ambitious trading idea for the next weeks based on the hypothesis that 2100 points holds as support and there is no breakdown in the next days below this important key level. Entry: 2100-2130 1. Target: 2200 2. Target: 2300 Stop loss: 2100 Risk: up to 30 points Reward: up to 200 points Info: US stock ETF "SPY" sees largest one-day inflows...
The current bullish trend change is already three days old and we are still half a day away from Apple shocking the world with some disappointing lame new iPhone models, which will further set in stone their demise and could lead to a kiss of death of the MACD histogram with the zero line on the daily S&P 500. But who knows, maybe Apple beats expectations. In...
Thank you "Helicopter Ben" Bernanke, "The Dove" Janet Yellen, "Daruma" Haruhiko Kuroda and "Super Mario" Draghi for pushing it to the limit around the world. Technical analysis tools used: 1.618 Fibonacci extension and Fibonacci time zones. Inspiration for the title: Scarface (The lyrics are below) www.youtube.com Push it to the limit Walk along the...
Bitcoin has found support above 550 USD with support from the 20 Day simple moving average (e.g. Bollinger Band) and can now move higher towards 625-650 USD to test old price levels. Long entry: 575-585 Stop loss: 550 USD 1. Target: 625 USD 2. Target: 640 USD 3. Target: 665 USD Risk long from 585 USD: 35 USD Reward to 625 USD: 40 USD Reward to 640 USD: 55...
With so many "S&P 500" bulls in the market not only is the volatility of the "S&P 500" very very low as of Monday, August 23, 2016, as shown on the screenshot below. The volatility of the VIX (the VVIX index colored in red) is also below the average right now. And the "VIX" index itself closed Monday at 12.27 points. With the S&P 500 near record highs this gives...
Pick your poison, I mean your favorite bubble: real estate (Vancouver's housing bubble) student loan debt tech stocks and startup unicorns bonds I just picked some random news articles for each bubble. In case I forgot one major bubble please tell me in the comments. Real estate: Chinese Media Warns Canada's Housing Crash Will Put U.S. To Shame...
"Gold" had a strong move from the lows of the year 2016. But with the new all-time highs on the "S&P 500" and "DOW 30" and "Nasdaq" there is room to form a higher low (or double bottom) in late Q4 2016 or in Q1 2017, which would be a great very long-term investment entry to hedge against a crash of the "S&P 500" in the year 2017, after the current election year is...
I found a couple of price correlated energy stocks which look like they are in a massive uptrend (bubble), but the very recent direction is down. Therefore I recommend to watch these stocks the next weeks if they bottom very fast or decline further towards the supporting average trend direction of these rapidly growing price trajectories (and then maybe rally even...
The "S&P 500" is on the weekly chart making so many new highs that contrarian traders might perceive it as overbought as shown on the weekly RSI screenshot below. weekly RSI on the daily chart daily chart I noticed intra-day some falling momentum, some key economic data is going to get released today (Tuesday) and we are now near the time where I...
Bulls are so bullish that they ignore each and every bearish signal yet again. Nothing can stop them besides their price target to close the long trade, which might be 2200 points. I had way too many upvotes on my last bearish chart (eight upvotes) in a very short time, which usually means my idea is going to fail. My bear idea had the headline that the bull...
Bitcoin is still in a downtrend since the Bitfinex disaster hack. I'm mostly posting this trading idea so I don't forget to publish my new "Quadruple EMA" indicator, which you can see on the chart. Current price: 565 USD Short Entry: 580 USD Target: 500 USD near the monthly S3 of the monthly pivot which is near 485 USD As of today 200 EMA is at 529 USD and the...
The "S&P 500" finally made the higher high in the overbought region to potentially trap the last Summer bulls at the all-time-highs. Risk/reward is looking attractive again. Currently the "S&P 500" is at 2179.9 points after the Monday close of August 8, 2016. Short entry: 2180 1. Target: 2125 2. Target: 2085 Last all-time high: 2187.1 Stop loss: 2188 Risk: 8...
The economic numbers tomorrow need to be surprisingly good for the US. The chart pattern starts to look like a dead cat bounce, because the higher-time frames I measure are starting to decline due to the slow speed at which the current dip is getting bought back. The SMA 20 is also dangerously close to the price. Everything is lining up like a ideal place to...
As bearish as I am, my calculations are getting more and more bullish, especially after the "S&P 500" futures rallied to a new all-time high to 2182.9 before spot opens in less than one hour. It looks like resistance becomes supports and bulls won't give up buying until the "S&P 500" is at least at 2200 points. Currently the S&P 500 futures are at 2174.9 Entry....
Based purely on greed the S&P 500 might make a big and fast move upwards in the next months, now that the bear market idea is getting totally crushed by bulls since the Brexit vote. The bulls hope that the central banks around the world are going to keep on pumping money into system, which could drive equities even higher. This rally might not last very long and...
The FED leaves the rate unchanged and the Facebook earnings and many other earnings were good so the overall trend is very bullish, but there is a growing drag lower due to falling Oil prices and for example the China stock index had declined.below 3000 points. The Apple island top could also fizzle very fast and drag the DOW Industrial lower. Unless the market...