You can clearly see here that there is a huge gap in price and volume. The prices within the range illustrated have have been traded through very little. Price is likely to try and trade through it again.
if we see a failed head and shoulders break out it might be a liquidity grab to run higher and will pay nicely.
Nice expanding cone to the downside. Will likely crash through the week into the FOMC meeting.
With all the fundamentals in play, Oil has broken out of its 13 year downtrend line We could see a giant increase in price, easily hitting 200 plus in the coming year
Ethereum has been the stronger of the two biggest cryptocurrencies since it has only fallen about 18% compared to bitcoins about 30% since the 69k all-time high. A visible double top is noticeable around the 4.7k range. The double top is pointed out by the arrows in red. This is the CME Ethereum futures chart. Big players play here through these contracts. This is...
Since the crash of February and March 2020 the S&P has been on an absolute tear. The recovery of the market was swift and has seen some strong prosperity for some time. Monthly candles are pretty telling of what has happened. This second to last monthly candle is known as an inverted hammer, a typically bearish candle if seen at the end of a strong rally. For...
not to ruin the party but this is the wave count i have developed for bitcoin. please tell me im wrong and point out where. i really dont want this wave count to play out. maybe someone with more experience can point out where i went wrong.
Google has been severely underperforming compared to the rest of the qqq. If we can see strength within facebook and xlc tomorrow along with google and the rest of the market, i believe this flag to break to the upside. 3000+ can be seen end of week Imo.
Tesla has seen one of the most incredible bull runs to ever exist. It also has one of the clearest Elliot waves I have ever seen. This final parabolic move marks the top of wave 5. Looks like the tank is out of juice. More so our buddy Elon just announced he is selling 10 percent of his stake in the company. I don't have a corrective wave price target but there...
Looks like a big bear pennant on the daily. I think a short could play out nicely. Weekly is forming dojis and doesn't show strength.