adventurous51

adventurous51 Updated 

==> Bottoming?! Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!

adventurous51

When a divergence of this magnitude occurs, one of them has to be right... If history repeats and with the recession and pandemic, ... my bet is on the industry. Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!

adventurous51

The premise: SPY and the major US stock markets in general seem to be disconnected from the real state of the world's economy. This can't Iast long. So, I decided to toy with the idea that the true state of the economy is captured in the world various stock exchanges combined. So, is there a way that a world economy indicator could be built to plot the true...

adventurous51 Updated 

Should we confirm the move below the 50 EMA on Monday / Tuesday, I think we are in for a sizable move down... That is my bias but it could also bounce again... This is a crazy market where anything is possible but at some point fundamental will rule... Is it next week? Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for...

adventurous51 Updated 

1) RSI elevated 2) Volume diminishing 3) Bonds picking up momentum 4) SPY close to all time high On the fundamentals: 1) Unemployment at record high 2) Stimulus ending with no replacement in sight ... The question is not WHAT but WHEN? I vote for soon, VERY soon! Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your...

adventurous51 Updated 

Yes gold is going UP! But time to drink up to half of your cup of tea first. We need the handle on our cup. :) Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!

adventurous51 Updated 

SPY and TLT have been trending up since june (red line), for close to 3 months. Which one is right? My money is on the smart money like in March. Also note that the dollar shows signs of bottoming. Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade...

adventurous51 Updated 

Follow the smart money. Nice inverted head and shoulder! What will it mean for stocks you think? Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!

adventurous51 Updated 

In the megaphone, the longer it takes ... the bigger the move is. Do you see the similarities with 2018? Drop early in the year, recover and then ... 2, 3 and 4 Just a thought... Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!

adventurous51 Updated 

After its bounce, Gold started to descend as the dollar is showing signs of bouncing back up. Should stock show signs of weakness, it will bring this down... 50% FIB target around $43 Same analysis applies to GDX but target is different. Disclaimer: The above is just an idea, not an investment advice. Do your own diligence, trade safely and stay safe!

adventurous51 Updated 

The dollar has been hit very hard lately with all this money printing from the Fed but some argument support the theory that it will soar one last time before the true descent. The stock market (SPY) is climbing its wall of worries. It will break new highs if not done already by the time you read this. But then when it corrects, bonds are going to soar and...

adventurous51 Updated 

Gold could form a double top like it did in early March before heading lower and hit the .618 Fib target of low 1700. This is a short term move so you could play this with GLD Aug 28th calls with: Stop at GLD below 178.5. First Target 190 (gap fill) Second Target 194.5 (double top) If that plays out, the next move down would be even bigger! It would then be...

adventurous51

This craze could go on for a little while. who knows when the reality will catch up with the stock market, In the meantime, you can position yourself for a couple of potential explosive moves. - Long bonds, they are declining today, could be a good entry price soon? No need for an idea here, just look at the March TLT chart. - Long USD (see related story) -...

adventurous51 Updated 

1. Bonds are showing a very similar up trend pattern as in the early 2020 (black line) See what happened next in late February and early March. As soon as the market started its descent, bonds shut way up ! 2. The dollar appears to want to bottom. Where did it go when bonds shut up? (Orange line). There was a small lag but DXY went way up to the roof! 3....

adventurous51 Updated 

Gold will soar but before it does, it is likely going down. The dollar might show strength which will weaken gold. Miners, helped with the stock market going down would sink even more dramatically. This is a short term move because Gold will soar this summer but first it might surprise us!

adventurous51 Updated 

This artificially elevated market of hope will soon get a reality check. The effect of the COVID-19 have not been reported yet (Q2 earnings coming soon ). The resurgence of cases is going to induce fear in te market. Small caps are going to drop even more dramatically!

adventurous51 Updated 

Swing sell signal will likely trigger this morning on TLT . To be confirmed at the open but ... looking good. ... The above are for education and entertainment only. They must not be interpreted as investment advice nor recommendations. Trade at your own risk and mostly, trade safely and keep safe! Cheers!

adventurous51 Updated 

Swing sell signal triggered today. To be confirmed tomorrow at the open but ... looking good. ... Also triggered on GDXJ but a bit less convincing. To be followed up on... The above are for education and entertainment only. They must not be interpreted as investment advice nor recommendations. Trade at your own risk and mostly, trade safely and keep safe! Cheers!