J-Streak

J-Streak

I think the pattern is more evident here on the Dow Jones, when compared to SPX. The next leg down (when measured from peak to baseline) has us right at "bear market" territory. From the current high (open/close) a close beneath 21293.368 puts us below the 20% threshold, and while we may dip to this area, I'm not so certain we will close a session beneath this...

J-Streak

The next leg down (when measured from peak to baseline) has us stopping right before we hit "bear market" territory. From the current high (open/close) a close beneath 2298.296 puts us below the 20% threshold, and while we may dip to this area, I'm not so certain we will close a session beneath this spot (not yet, anyways). I see two possible scenarios, the 1st is...

J-Streak

So I have been tracking this pretty extensively, just haven't posted my findings (which up to this point have been spot on) until now... Why? Because this is such a far fetched scenario, I feel in the rare event this does happen - if I don't have some kind of proof that I caught it before-hand no one will believe me lol... Now, this is part 2 which is the 30...

J-Streak

So I have been tracking this pretty extensively, just haven't posted my findings (which up to this point have been spot on) until now... Why? Because this is such a far fetched scenario, I feel in the rare event this does happen - if I don't have some kind of proof that I caught it before-hand no one will believe me lol... Now, this is part 1 which is the weekly...

J-Streak

Bitcoin was finally able to break out of the downtrend that it has been in since its high back in December... The question now, is can it reach its previous high? Or will this end up being a dead cat bounce? I think that it will drop beneath the 10k mark, possibly back to the low-mid 8's before it starts to gain traction and try to make another run... IF the...

J-Streak

Areas in red were actual bear markets, blue are the ones that came close... Self explanatory here... The yellow line at the top represents an official correction, and the red line represents a new bear market - if that were to happen...

J-Streak

Areas in red were actual bear markets, blue are the ones that came close... Self explanatory here... The yellow line at the top represents an official correction, and the red line represents a new bear market - if that were to happen...

J-Streak

I have been extremely bearish on bitcoin here recently - but I think this may be the bounce that I know some people have been waiting to see. My personal thoughts were that it would fall between 5k-6k, but I can definitely see the bullish argument, for at least a little while anyways. Until bitcoin manages to break the final resistance trend line, I am going to...

J-Streak Updated 

Areas in red were actual bear markets, blue are the ones that came close... Self explanatory here... The yellow line at the top represents an official correction, and the red line represents a new bear market - if that were to happen...