In the past few weeks, I have never seen a stock market like this in my entire life... A market of just constant sideways action with no clear momentum for both sides of the aisle: The bulls like me & the rightfully concerned bears... who see the Debt Ceiling crisis & the Fed adamant on holding rates at 5%+ as a very strong headwind against this current...
If you are trading tesla stock in the coming weeks, I've outlined some potential support zones via Fib Retracement to watch out for If you are ultra long for the next 5 years (like me). these levels of support at S0 S1 & S2 are just potential buy zones I'll be looking at if downtrend continues If we rally back to the 200s, fine by me... I'll enjoy the fireworks...
History is proving to be accurate once again (so far), and there is no stopping it SPY is going to blast off toward 500 and leave every single one of your short positions in the dust. The 3 week MACD candle closing green is just the beginning. With the federal reserve poised to pause and soon cut interest rates on the back of inflation dropping like a stone,...
The 3 Week MACD is showing signs of the beginning of a new bull market coming into effect 3 Week RSI is also getting squeezed within a very tight region showing signs of a strong BREAKOUT RALLY coming very very soon I am excited to see how SPY progresses in the month of May The future is bright!
Looking at the 2 Week chart of Tesla's performance throughout the past 3.5 years, we can see the 2 Week MACD has printed green following a sell off for the first time since 2019! 2 Week RSI appears to be mirroring the same exact moves that Tesla made before going rippy Longs, I hope you are ready for the glory that awaits...
The 10 Year Treasury is showing signs of weakness flashing on a 3 Week timeframe Following our recent run to 4%, this may have been a dead cat bounce before resuming a clear downtrend In addition, the 3 Week MACD has printed a red candle, which is the first since December of 2018 (when looking at candles flip from green to white to red) Ironically, December...
Taking a look at the monthly chart of the DXY, several signals are flashing Bearish divergence on the 1 month chart Let's start by taking a look at the upper range of the DXY marked by the RED arrows: - We can see that price moved up between November 2015 and October 2022 tremendously, * WHILE * The 1 month MACD closed at a LOWER HIGH on October 3rd of...
Hello Friends! This is a 3 Week chart of SPY, showing you the past 20 years of price action... From the 2001 dot com bubble, to the 2022 recession, to today in 2023 I decided to explore the possibility of the bottom being in and developed a thesis based on this Taking a look at the 3 Week MACD, we can see multiple golden crosses as highlighted by the YELLOW...
Daily Stochastic RSI on Bitcoin showing very strong signs of an uptrend to come, possible price target of $30K by end of Feb Looking back at my last analysis on $BTC, I told you guys we would take a breather around $21K before continuing up I also told you guys via the title: "DON'T BE AFRAID" if Bitcoin falls to the $18K - $21K level by February 13th, and...
Hello friends, looking at the weekly chart of Tesla today, we can see the trend has continued to play out in the bull's favor, today I wanted to bring some good and bad news regarding Tesla Stock Bad news first, (Not pictured) The Daily RSI is approaching overbought levels, proceed with caution around the $220 - $232 range respectively as we may see a short term...
As we can see on the Daily timeframe looking at the RSI & MACD, $BTC is beginning to show signs of a pullback in the cards to the $18K - $21K Region around February 13. As long as $BTC can hold in that price range of $18K - $21K, there is no need to worry The Daily Chart is showing a Golden Cross forming for the first time since September 2021, which is good for...
Looking at the Monthly chart of the Stochastic RSI, we can see $BTC slowly recovering & getting ready for a massive move up. The price target before you outlines a scenario based on historical data: During The Great Bitcoin Bullrun of April 2019 - March 2021, Bitcoin moved 1000% in just 700 Days We decided to outline the small possibility of another 1000% move...
Looking at the weekly MACD & RSI, we can see they have been consistently gaining strength while price action moved down. It is possible that October may have been the BOTTOM of this market correction however it is way too soon to tell, & we need time to continue along as we see markets digest rate hikes, earnings, CPI, etc... While everyone and their...
Comparing price action to 2019 on the weekly chart, we can see in the green circles that the weekly RSI bottomed before going on to start a massive 300% rally in the months ahead. That type of move today in that exact same timeframe would cause Tesla to rally to $650 from July 17 ($234) to October 2023 (New ATH). I believe this or a similar pattern is possible...