In my earlier posts I said that Gold has the potential to reach the U-MLH, which has become true. Up there, the price of Gold is stretched. Yes it can go up even more beyond the Upper-Medianline-Parallel. But the overall numbers of occurrences are small. So, at this natural stretch, price has a high probability to revert to the mean. And this is supported by the...
After the first post about CVNA, I bailed out on a small loss (see linked Chart). But then Immediately loaded Puts and had a good "Steak & Lobster" time §8-) Price behaves like textbook when we consult the Medianlines trading framework and rule set. First price reached the red Centerline, followed by the expected pullback to the white...
With the overnight GAP, price jumped above the white Centerline, just to come back in the Asia session. We see that price broke the white CL and halted afterwards. Do yo see where it halted? Yes, at the Centerline of the yellow Momentum Fork! And currently it's pushing up through the white CL again...hmmm... So, we have momentum, clear support at the yellow CL,...
If you understand the mechanics of the Medianlines aka Pitchfork, then you understand the projected movement of the markets. Whatever you measure with them, the same principal applies. In the prior analysis, the framework of the Medianlines pointed us in the right direction. Now it's time to reassess this product. The 0 to 5 Count: It's often a good indication...
First there was the Double-Top. Then there was no higher close above the last 2 highs, pressing ETHUSD brutally down to fullfill the Medianlines Rule to reach the Center-Line over 80% of times. Then price not only reached the Center-Line by breaking through the slanted green support, but also cracked through the weekly horizontal Base (grey) which acted as the...
As we see, price is at the white L-MLH. This is a critical level. On one hand, price showed weakness. On the other hand, price is stretched to the downside, bearing the possibility to shoot upwards from here. How can we find out what's happening? By observation and NOT ACTING! Just watch, observe, and a good entry Long or Short will uncover. FOMO is your...
Price reached the Warning Line 1. This is a natural support, because it's a standard deviation stretch. From here, price has a high tendency of mean-reversion. How far? Most of the time it shoots back to the Lower-Medianline-Parallel. Beware of the potential resistnace zone. This level is a good one to take partial profits. As for a stop, I would put it below...
I post this again, because from my last post, some only see a confusing picture instead of the chart. Price nearly reached the L-MLH of the Red Fork. This is a huge price stretch and chances are super high that we will see a big bounce to the upside. As for PTG's I focus on the Red, and the Orange Centerline.
Price nearly reached the L-MLH of the Red Fork. This is a huge price stretch and chances are super high that we will see a big bounce to the upside. As for PTG's I focus on the Red, and the Orange Centerline.
Whenever the markets are booming, whenever a gardener starts giving stock recommendations, it’s time to brace yourself… The German Dax has reached it's Centerline. It's back in Balance - Or has reached it's extreme, depending on how you look at it. Whenever this happens, we the Market a) turns and trades in the opposite direction towards the next LIne. In this...
The lanted green support line has a crack. It's a first indication of a turn in mid-term trend. Long term Medianline view on ZINC shows that price is battling at the L-MHL. If we get a weekly close and new open below it, it's ripe for a short. At least I will stalk it on the daily. PTG1 is the Center-Line.
We got on the Rocket-Ship earlier and took profit. If you're still in with a position, or if you can manage to get in with a decent Risk/Reward, you may want to aim for the U-MLH. The Stars look good and profits are twinkling §8-) If the 1/4 line is cracked, we will see a follow-through.
Most of my Charts I analyze are currently showing a short setup. Mom says I'm shorting the whole world. hmmm... However, here's another one, just to keep the streak going. §8-) Spotify is at the U-MLH = At the upper extreme. The next natural move should be down to the Centerline. Since I have no magic wand to show me the Future, I lean on my stats and my...
Besides what I think about NFLX (bad for you, poor quality & service, lairs etc.), there is something that can be used to rate and judge a Stocks pricing - The Technical Analysis. The white Fork projects the most probable path of price. The U-MLH is the upper stretch, the L-MLH the lower and the CL is the Center, where price is in equilibrium. Where is price...
Potential Support levels are where the green small arrows are: white L-MLH red CL red L-MLH All tough, I think MSTR Ponzi will dye over the mid term.
The white up-sloping Fork gives us the most probable path of price for VRSN. As we see, that was a Hell of a run. Price has reached the U-MLH, which is the natural Extreme by the law of physics. What's the natural reaction? A move back to the Mean. What's the Mean? The Center-Line. This is a high probability trade I take blindly. But I mange my risk with open...
This is a intraday short term trade. Yesterday price stopped at the L-MLH as expected. Today we have the second bounce at it. A nice second chance for a long entry. Target is the Centerline and above.
The price hit the Upper Median Line Handle (U-MLH) three times and was rejected each time (red circles). These were all high-potential short trade opportunities. However, none of these short trades managed to reach the Profit Target Goal (PTG) at the Center Line (CL). When the price repeatedly fails to hit the CL, it often builds up momentum for a larger move. ...