1st impulsive wave complete, with an ending diagonal. ABC corrective wave 2 to follow to fib levels before wave 3 down. Not financial advice.
Update on my previous idea. It's still make or break for the bear market right now. Personally, I don't see us breaking out of the downtrend. But a fake-out was always possible, and this seems to be what we got following softer than expected inflation data. Note that this technical analysis is a small part of the bearish case. The wider macro-economic...
Update on my previous idea. The C wave up ended up extending into 4 waves. But that has now completed. It's make or break for the bear market right now. Personally, I don't see us breaking out of the downtrend. But a fake-out is always possible. Note that this technical analysis is a small part of the bearish case. The wider macro-economic environment bear...
Graphical representation of what I think the market will do before we bottom next year after VIX peaks. Long VIX protocol initiated. Not financial advice
Chart says it all. If you follow VIX - you'll know all about this. May the VIX be with you through the imminent fear capitulation event to mark an end to the bear market.
A potential scenario based on the 2008 capitulation. Not financial advice
I don't really post these for anyone else but for my own intuition to see how it turns out. But I'll have a go at explaining for anyone who finds it worth reading. I've been waiting for this moment for a long time - and at times, been impatient. But it is now becoming clear where we are in this 'volatility cycle', in comparison to the volatility cycle of the 2008...
Leaving this here for my own benefit so I can come back and press play and watch how it either went to plan or went to sh*t lol Not financial advice
I suspect a short term but potentially strong bear market rally up to resistance levels and volume profile nodes (yellow areas, with points of control being the broken yellow lines). Short term momentum indicators are oversold, but most importantly we seem to have found support on a major support line, which has acted as support throughout this bear market. Break...
Potential relief rally from technical pattern in play. Could see upside to gap fill. Although I think rallies will be faded. Whichever way the price breaks out of the wedge will suggest short term direction. I'm bearish overall but following the 5 red days, a short term is imminent. OR, capitulation time. *not financial advice.
Fed run could go further but I consider this a bear market rally and overreaction to dovish fed tone. *not financial advice just an idea*
Inspired by YouTuber Invest With Jacob. *Not financial advice. Just an idea*
My bias is bearish given the current economic climate, however, bias aside, if we reclaim this uptrend line, there could be a further denial rally before reality hits. What do you think? *Not financial advice just a paper trading idea*
The final uptrend line has now been broken in futures trading 25/04 before open. If we do not reclaim the trend, the bear market may be upon us. What do you think? *not financial advice*
How far will this rally go? Looking for resistance and price rejection at volume profile levels. Bear market rallies are vicious... but I don't think this is a buyers market... Update to previous idea. These are long term indicators. Recession can take 6 months to 2 years to follow the initial inversion of the 2 year - 10 year yield curve... * not financial...
Some long term indicators showing us the future is not looking too fun for the US economy, and thereby, rationally , the US stock market. DXY rising - negative correlation to the market. Housing Index falling - generally closely leads a market crash. Yield curve inversion imminent -which we all know leads recessions. What do you think?
Economic reality certainly does not logically support this bull run to go any further. Key word *logically*. I personally think the bottom is not in and the market will still be very sensitive to shocks - specifically any hawkish comments from the fed. I think we are heading back down towards support lines and volume profile nodes. The question is: Will we see...
Back down to 4285 , then 4200, then new low? If we break out of major downtrend resistance then bull scenario at play. What do you think?