US30 - Dow Jones - Breaks $26,000 - It is strange that no matter how bad the outlook or the news the market keeps climbing Higher getting closer to all time highs? So if we have record unemployment and companies that open with only 25% revenue, how does that equal all time highs? Manipulation? The Market seems like a BUBBLE that will eventually POP! This raises...
BTC Bitcoin - We have lift off!!! - Bitcoin is on the move!! MOON!!!
BTC Bitcoin is about to take a ride on the SpaceX Falcon9/Crew Dragon? The count down has begun. Price is squeezing into the wedge/triangle. Will it lift-off or postpone? Look to the future - Crypto is the Future!
BTC (Bitcoin) - Bull Rush to $10,000!! How many times can BTC go to 10,000 without breaking through? What will be the catalyst to take Bitcoin to the Moon? When developing a bias for the market, do fundamentals drive the markets or do the charts let us look into the future? A Crystal Ball of sorts? Is it possible to see into the future? The wedge fake out has...
BTC (BITCOIN) - Options, Options, Options. What is you bias at this point? BTC has hit a major uptrend line support and Whole dollar level of $9,000. Will it breakthrough or bounce to the other side of the wedge or to psychological level of $10,000? This is another critical point. What is your Bias? Market Hyenas - Everyone Eats!
BTC BITCOIN - Testing $10,000 psychological Level Again!!! Bitcoin(BTC) could either Bounce or Accelerate! Confluence for Bulls: Cup and Handle Pattern, $10,000 psychological level has been tested a few times and may weaken, Major UpTrend, Post Halving FOMO(Fear Of Missing Out). Confluence for Bears: $10,000 psychological level is Strong Resistance, Wedge...
BTC Bitcoin - Are you an investor or a trader? Should you be both? If you are investing, you only buy within a certain price range for long term gain. Is it okay to sell or short of BTC as in investor? Or should you just buy on the dips? As a trader, you observe price and enter and exit positions based on what the charts tell you. Should you be both a trader...
US30 (Dow) - Expect 'The FALL' soon! Head and Shoulders to hit top of right shoulder then hold on to your hat!
BTC Bitcoin to hit 10,000 Psychological Level!! How much does psychology play in trading? At a Psychological level either price will break thru and accelerate or it will reject and fall to previous levels. What do you think bitcoin will do? Are you willing to stick with your psychology with proper risk management?
BTCUSD Bitcoin - Opportunities are endless in the Wild Wild West crypto markets. With so many Crypto coins to trade against and high leverage products, where do you start? Should you be a longterm investor or a short term scalper/swing trader? The name of the game in crypto Trading is balancing risk management while giving trades room to breathe. The name of...
US30 (Dow) - Don't Mess with 'Mother Nature'! The forces of the global markets are being underestimated. The impacts to world economies are being downplayed. The 'Correction' will END and 'The Fall' will BEGIN. Yes, we will recover! But not before answering to 'Mother Nature'. Real estate payments are due. Jobs are still being lost. Households need to cover...
US30 (Dow) - The prior lower low and lower high did not continue through. Now a Double Top is forming near the previous high. This is a critical point of interest.IWill it break through or complete the Double Top? If the market is going to reflect the economy then it has to respond to the economic climate. If earnings are great then do we have a new...
US30 (Dow) - The Charts are talking! We saw the lower low. Now, we see the lower high. Upward momentum has slowed. We have a 50-61.8 fib levels rejection off of resistance. Can you smell what the charts are cooking? Smells like a downtrend. Will we see a quick drop to 23000 and then to 22000? Now we have the technical analysis side of the equation. It's time...
US30 (Dow) - We must trade what we see, not what we want to see! So what do we see? Upward momentum is stalling around the 50-61.8 fib level. Price has broken the upward trendline. Price has formed a lower low. If price forms a lower high then we are officially in a downtrend. If price does not form a lower high then we will have to wait to see what forms....
US30 (Dow) - Can the powers that be continue to create value when there is no value? Can they push price to the moon despite depression era joblessness, the collapse of small business and major business quarterly earnings that are sure to disappoint in many sectors? If so, then it is the End of the World as We know it. Or on the other hand, will greed and and...
US30 (Dow) Golden Zone Rejection - The Fall is Coming!!! Don't be fooled by the Bull Rush!!! Look for short entries so you don't miss the move. Yes, you have to be patient but what good is it to make money on the Bull Rush just to see it disappear during THE FALL!
US30 (Dow) - How many times can you retest 21500 before the drop? You can catch a good entry with tight stop loss near 21500. This move is going to change lives. Don't be fooled by the bull runs. There is no real value in the markets! The big boys have sooo much to lose they are not going down without a fight. They are only buying the market to try to...
US30 (Dow) - 21500 retested. Price Falling!! Next target is 18282. Use you best entry method. Do you have the patients? Can you stand the ups and the downs? Will you stay with the trade or fight it? As always use stops, trail stops, TAKE PROFITS! Market Hyenas - Everyone EATS!