This is a very simple and straightforward technical analysis on AMEX:SPY of price action VS the Moving Averages. A tried, True and Valid method of analysis is knowing when we have become to extended from the moving averages and determining that a return to the mean is appropriate. In the case of the AMEX:SPY , SP:SPX or CAPITALCOM:US500 we are more and...
Last time we posted about the TVC:VIX we Enabled Holy Sh*T Mode. Shortly there after the TVC:VIX broke above 66 in no time. The TVC:VIX is a very easy counter indicator to the market to read. When CCI the CCI breaks out on any time frame from the 2 hour up, there is almost always guaranteed to be a market downturn in the near future. Even though TVC:VIX...
You think the Great Yield slaughter of the 40 years was something; just feast your eyes on the great Yield breakout, eons in the making. In our next predicted cycle of disastrous economic, but not all that surprising or unexpected economic events; we will now see the Great Bond Slaughter coupled with treasury yields sky high. An event the likes of which the...
Welcome to another edition of NASDAQ:TSLA buy the rumor, sell the news event live from California from the Warner brothers studio where we are sure to see plenty of on screen magic and prototype 's galore. The Fraudfather Elon Musk is dug into his hasty and no good bag of tricks again for the benefit of his pockets. This time he was goaded into revealing a...
NYSE:PLTR is a stock that will easily be a 300$+ Not only does it have government contracts, consumer based equipment artificial intelligence monitoring systems; this company has plans to program the programmer. It has already dug into fully integrated touchpoint systems that any person can use, to fully program from scratch any product, game or software...
We have an extremely strange set of circumstances where the "Fed" is "Cutting Rates" and has promised and said to have "delivered" a soft Landing. All the while the number one contributing factor to inflation is Wage Inflation. This unchecked wage inflation has caused the federal reserve in essence to shit their pants and all but acknowledge that inflation has...
As we watch NASDAQ:NVDA for our next short trading opportunity, we have to keep in mind the unfilled daily gap around 680. After a hefty pullback we could see the stock cluster and move higher looking for a double top where a second and even bigger pullback will occur and the gap below becomes filled. With markets turning higher and only 3-4 months left until...
Here on the TVC:VIX we are making a very simple and very basic technical forecast based solely on the CCI. We previously called a breakout on the TVC:VIX weekly chart shortly before our market pullback with excellent results. Now we are examining the monthly chart for any clues to the next big breakout. On the monthly chart CCI is pointed up on the ...
Here on NASDAQ:TSLA we can see after such a massive move a lengthy consolidation period is needed before and ultimately substantial breakout. While NASDAQ:TSLA certainly has the probability of braking low and going to 50$ I will have to side with the Bullish case. Not for news or Fundamental points in its favor, but Pure technical analysis. Tesla has had a...
As we can see, the NDX on the weekly chart is on it's last leg. The printing of a classic Gravestone Doji at the end of the week signifies extreme weakness in the Tech sector. There are many targets below where NASDAQ:NDX has gapped away from previous areas of resistance. Taking a look at the TVC:DJI Index, it appears as though large hedge funds and...
After a sustained rally away from demand price will typically return to the origin of the move. Like GOOG before it, price will drop somewhere between 61.8 and 70% for a deep discount on this stock before its next rally. Large investment firms, Hedge funds and Market Manipulators currently occupying this space know what's coming and are selling calls to all the...
NASDAQ:AAPL to 320 on the Rally Base Rally. I don't know what else to tell you. Play it or not play it.
Yess... While I can't put a lot of stock into a meme coin, the value here and Risk VS Reward proves that COINBASE:SHIBUSD can be a powerful ally in wealth generation. Recently COINBASE:SHIBUSD has been concentrating efforts into reducing its total supply which is equivalent to a penny stock with a short float. Supply has almost been cut in half from 1...
Checking up on our NASDAQ:TSLA play, we can see that NASDAQ:TSLA gapped up strong on earnings with a nice run off our bottom trend line. Zooming in on the Daily we can see a classic Wash, Trap Squeeze pattern emerging. The conclusion of this pattern will lead us to grab Liquidity at the 205, 220 and top out around our upper trend line around the 240ish...
Don't under estimate the power of an imminent NASDAQ:ROKU Rally as it displays a series of Higher Lows and Higher Highs. Price action on the monthly chart indicates that this stock wants to move higher. With the impending breakout of the monthly CCI into positive momentum territory, you will want to enter large before this breakout occurs. Once price moves...
As noted in my Tradingview status, I have decided to stop actively trading The Leap Tradingview contest in light of the massive fraud perpetrated by COINBASE:SOLUSD This contest having limited position sizing, tight restrictions and a list of 6 mostly unsuitable tickers to trade has recently lost its appeal. While I agree the contest can be maintained, due...
Given what we know about BITSTAMP:BTCUSD we are fleshing out a scenario called the "Bitcoin Cycle" We anticipated based on technical observations, that it will follow along a similar path to it's previous mountain to pattern. The only difference in this cycle is that instead of a Rally, Base, Rally move we had in the first mega cycle, the second would need a...
Here on the COINBASE:SOLUSD chart we can clearly see an inverted cup with handle pattern near completion. Once this stock moves higher we estimate a breakout target of 246.03 by measuring the original impulse move that formed and resulted in the current formation. CCI on the daily is diverging and on the cusp of a breakout of a breakout of positive momentum from...