these strategies are signaling the consolidative move isnt over, and revisiting mean and regression is likely theres no way to prove at the moment we will go through a phase like this, but if the opportunity presents itself its a path that mathematically makes sense
whenever uvxy pops like this in a downtrend its natural to assume it will return to the bottom. except for a collapse in spx i doubt were going over recent highs in uvxy. probably end up below 4.90 again soon.
its obvious that weve seen higher prices in equity since oct. 2022. im just highlighting similarities here: comparing this to the broader trend you can see the only difference between now and other weekly lows and highs in the cycle is weve created a higher low or rising bottom trend line. the top trend lines are still facing down. its not impossible that we see...
according to this flow analysis there are a few different ways bull nasdaq front month futures could continue
its too early to tell the weekly picture, but the daily and 4hr appear to be turning the tide for the broader market in a bearish direction, and that mean uvxy could see high $5s. if we do create a top in spx, and uvxy does begin to climb today i would only at first assume its a temporary pop, but if we truly start unravelling uvxy could see high $6s. count on the...
spot is having a time catching up with price, and this is one of my favorite derivatives. if the turnaround is going to continue to break out, and we pull back to a comfortable level keeping the uptrend daily i would follow the uptrend with leverage. im excited about the current daily pattern being a sign that a snap back to the bulls could happen tuesday, and im...
the bull market turn around in uranium has made the news, and outlasted a broader energy sector comeback. technicals are threatening a reversal bac to bears, and the monthly-quarterly view is making a breakdown. if we maintain these resistances then i am betting on a massive short play in uranium in a 5 year daterange. short urnm and long ery on breakouts on down...
stocks are recovering. $tick is on its way to continuation with gains in indices. this top gainer explosive parabolic up move for small healthcare is following a bear trend. im willing to bet on continued decay from outside on any move but continued parabolic velocity up with bull 4hr momo. literally every other scenario is a 88% short.
if we dont collapse completely nasdaq could be a buy in terms of where volume weighted averages and bill williams are. im buying on pullback, breakouts, and im selling a breakdown, resistance from highs. gap down i expect to close and move lower, gap up i expect to close and move higher,mostly flat and i ecpect to see move lower and then get bought up.
there are a few paths we could take between fib with r1 and fib with pivot. rainbow is confirming progression toward resistance in the dollar. dxy down means in this case broader markes indices futures up and crypto large cap (btcusd bitstamp) up. as btc rebounds expect it to go to close sideways with alts up after it attains same high.
coins near support in a bullish daily trend, and we have a fib trend that favors rebound in the 4hr pullback. consolidation isnt over, but weve fallen enough that we should revisit resistance and the rainbow concentration area
the fib says it all fib to fib fib to high, or fib low equal lets have the real data bull
weve gained in the market, shed short volume on vix, shed weight on short vix, and lost slightly in svxy. if you study the long term picture svxy is near breakout. 69.69 and 79.79 roughly are levels to beat before were really in the green to clear $100 as the market rebounds. ive drawn a path that can hopefully outline what the topping out proccess could look like...
were down a little more than .5% after this jobs report, and im looking at it as a non event mostly. its not the feds job to make wages go up or unemployment down. they are a lender and a monetary policy monitor/executive. i dont believe were still flying high the way we have been, were overdue for a pullback, but im still bullish treating this resistance as...
im estimating what a bull cipher of three drives and out would look like on btc if we hold this hourly uptrend, and what it would look like if we roll over h&s given the possibilities of bad fb numbers after hours or if we scramble for the exit at close and fail to recover overnight.
its been a hell of a couple weeks for the semiconductor stocks. weve blown through resistance with a vengence, and pretty much havent stopped for anything. the problem is the rest of the stock market hasnt responded with the same bullishness. just like i was in soxl coming off the top of the channel, im now in soxs coming off the bottom of the channel.
a good beat tommorow means up, and a fair or poorer review means down. im expecting goog, amzn, aapl, fb and indices to follow suit.
as long as we hold the .382 or get immediate continuation i think metals are fine here