Frugal-One

Frugal-One

We are almost at the end of a wave. Are you ready? are you prepared.. We may take the rest of month or a day or two to cool off before the the push or we may finally break the trend of relief and pull back.

Frugal-One Updated 

We may end the week being strongly bearish but i don't expect to see reversal in coming week/s (either next or first week of Oct) We may see some side ways action before a strong push OR a heavy rejection with small body long wick type style rejection.

Frugal-One

Watching for a possible breakout to the upside don't see it going past 146 as that's a psychological level. Otherwise failure of this breakout will result in muti-week pull back before possible continuation..

Frugal-One

Here's the deal for those perma bulls. this isn't an in-depth review but rather an summary and estimate. 1. We are in a market shift whether you like it or not. 2. We might have one test of 450 remaining. however, We may see sub 400, first due to the tape and the multiple short trend defining shorts being loaded. 3. I expect to see one shot test of around 420's...

Frugal-One

Expecting the breakout to continue we have some heavy resistance here, as denoted by the volume profile. Tomorrow may be bearish for a retest of the triangle. Maybe around -6% - 7% possibly -9% day take us back to high 24's before a possible continuation it has broken a longer term sloping resistance that had only be broken once before...

Frugal-One

The puts at 4100 on ES are without a doubt monstrous, as per emini tick on Twitter. But the over all market is also not without fear. The narrative? ~ WAR ~ INFLATION ~ FED RATE HIKING ~ BURSTING OF BUBBLES ETC.. these are all possible cautionary tales to be bearish. But when have we ever succeeded in predicting "the crash" with 90% bearish. I'll take that as...

Frugal-One

Blame the fed that this will be getting some upside love.

Frugal-One

I hate what's happening. to me it's not fair. But it is what it i... The fed is not willing to make immediate action and so the Dollar is rising causing this pairs to plunge next support is around 64's

Frugal-One Updated 

Should get some life later on in the day... looking for a possible fake out of lows paired with a break of highs closing the day over 2% possibly.

Frugal-One

So the bear run is on pause until after the bull rally. But, it won't come very easy.... for now we seem to have bottomed and 420's and will be testing 450's by friday if not earlier.

Frugal-One

This is really sad but the run for bitcoin may be over for now. Prices are gonna come out and live before they go back outside. That's if the price will ever go back outside coughs (ahem 65,000)

Frugal-One

We're oversold unlike we've been in months years actually since the crash in 2020 the daily rsi hasn't been this low. Now i understand fully that we are in a weak paper like market. Notwithstanding, technicals and profitability ratio are point for a small relief bounce to which i can expect a possible testing of 450's. Let's go!

Frugal-One

We're a longer term channel bottom. Now, we can continue from here believe it or not, we can. However, in all likehood it's very likely we will bounce here from these levels and maybe retest 450's at which either we move sideways or push a lil up. I'm very doubtful of a 500's spy or even another 480's spy there's too much risks associated... but for now we can...

Frugal-One

The pumping by the fed had been a problem that was very, very instrumental in inflating the bubble. in so much that drops like what we are seeing now seemed to have been a comical grandeur. - I found it very sad that the daily RSI hasn't had this much of a dip to the down side in almost 2 years that's very sad and just downright silly. - Increasing rates, -...

Frugal-One

Finally the big giants are feeling the burn... Powell's endless printing giving way huh.

Frugal-One

All these big companies are not liking these rate hikes we can expect some more pain before the gain...

Frugal-One

Retails are in a little bit of trouble being caught with their pants down... The pain is not over just yet.

Frugal-One

I was tricked to thinking we were gonna see 480's. I didn't get the memo that the fed stopped printing... now i'm expecting 439's and if that doesn't hold we can see even below... it would seem the run has come to an end.