Are you looking for an edge in swing trading/long term investing? I highly suggest using market breadth! Highlighted with vertical lines on the chart and yellow and red circles in the breadth chart (% of S&P above their 50 day MA) are all instances when breadth dropped to 50 or 30% AFTER rising from 10 to 91%. As you can see from the chart in all historical cases...
Idea is based on the XLP/SPY chart using the inverted relationship between them. Since we have just made a strong move to the upside in XLP/SPY during the latest bear market, price has extended well above the 50 MA, a retracement towards it is warranted and leads to the SPY moving higher historically. The probability for a move to the upside at least in the short...
Based on the current breadth moves, it is highly likely that the bear market has ended. However, it is highly unlikely that the price will continue rising for many years to come considering the projected persistent inflation by economists like Roubini and El-Erian. Based on the similarities between today's price action and the 70's this idea is based on the...
Hi, this idea is based on the analysis of XLP/SPY vs the SP500 for the last 2 bear markets. All information is on the chart.
Sharing my thoughts on where a possible bottom might form, for now I expect more downside for Bitcoin. More information is on the chart.
Expecting SPX to move up from here since the 5 EMA crossed above the upper limit of the latest downwards channel. Target is the upper limit of the red channel (above the 80 EMA). Hereafter expecting price to correct again to the downside after the 5 EMA breaks out of the red channel. A close back below the last green channel invalidates this idea.
Idea is based on Wyckoff theory. Although the price action has elements of distribution present (e.g. the lower low on the secondary test in phase B which could indicate a minor sign of weakness), I believe a more probable scenario is that we are currently still in an accumulation phase. Price held at the selling climax level and both supply and downward result...
This Idea is based on Wyckoff's theory. Considering the current bearish sentiment in the markets, it is from a contrarian perspective not improbable that we are actually in an accumulation phase indicating significantly more upside for Tech stocks and the Nasdaq. Also, this aligns with my previous long term analysis of the VIX which indicates that the current bull...
This idea involves using the VIX as an indicator to predic when market corrections on the SPX will take place. Timing exists can be a great way to protect profits and increase cash reserves to capture the next bullish run.
All info is on the chart. Good luck.
All info is on the chart. Good Luck.
All info is on the chart. Good luck.
All Info is on the chart. Good luck.
All info is on the chart. Good luck
All information is on the chart, good luck.