Going into NFP, before a POTUS election and FOMC guidance next week, the 10yr has been quite a moving train these last few weeks. There are too many gaps to be filled to call any lower pricing target. With the November contract taking over volume yesterday we may see some calming down while the fundamentals reveal themselves these next few business days. I'm...
Quick pattern on a crazy coin, not one to gamble much, enjoy!
While I wonder if a ripple play into .42c and .50c trendlines could feed off the current crypto frenzy perhaps consolidation may play out around .25c
Ethereum is up 750% on the yr vs BTC around 370%. Not calling a top for either but everything does retrace at some point. Taking a simple extension from the recent move up that broke the wedge ETH sits on the 1.272 at 1220. The 1.618 extension sits at 1280 and is entirely possible but so are lower ranges. Im looking for that 1280 to consider some short...
Leg C satisfied leg AB .786 Target is BC 1.618 $17.19 Study negated if origination 36.01 exceeded. VXX is just above a Bearish channel, anything below 23 I will add more penny puts. Oscillation remains below 20 on a daily chart. No one is really betting against the VIX which is odd. Gltu!
Leg C 337.73 requirement met (.786) Leg D 378.49 active target (1.618) The target appears exaggerated. But we have extremely overvalued tech stocks chasing new highs with no end in sight regarding; Fed Corporate Bond buying, Inflation talk (first time I can recall), No reports of REPO activity with recent healthy dip. Origination 332.01 exceeded negates the...
Leg C of an AB=CD satisfied. Target is $1700 range. $9700 matters on the oscillation $7700 matters on the demarcation Remind myself we are viewing something that swings in value from sub-$1000 to $20000 to $3200 to $13000 to $4000 to $12500. Where there is no ceiling there is no floor.
Leg C 344.21 met Led D 363.15 exit target - 348.76 Demarcation held provides support - 335.22 Origination exceeded negates the pattern
1D AB=CD Bear confirmed for Russell 2000 1200 target Its a juicy one so watch for 1540 to be exceeded which negates this study. Bonds holding up so who knows? GLTU!
To the penny VXX just today satisfied leg C of a legitimate AB=CD pattern. Target 29.84 GLTU!
Sell below 37.51 Buy above 39.06 Current targets - $34 - 30 range Exaggerated move for the next week or two- $19 Price extension dips $3-$7 below current price action. Price action within current trend lines. Ichimoku just dipped negative. Loss of 1 Standard Deviation (-32.4%) Strike Level: $25.6 Probability for in-the-money: 32.9%
AB=CD pattern satisfied @ 8011 (Leg C) Leg D target 2826 (current) Leg D target range if 9101 met or exceeded = 2650 range Study nullified if origination price 10491 exceeded
One reliable marker used in the markets is the gut check. Its that sharp move one direction which pulls in eager speculators before the hard reverse. Some call it FOMO others cry manipulation. Its basically something with more capital than you expecting an emotional response and it works very well. BTC likely just pulled one of these and now we have new range...
See chart for pattern. AB, BC targets have been met. CD move in play= 3100+ target
See chart for details. AB,BC moves have been satisfied. Sub 8k range current target. FWIW past moves negative, post BTC bullish momentum, have resulted in alt-coin price gains. Definitely worth mapping alts this week for the crypto traders, gltu!!
CURRENT LEG SUPPORT A STRONG MOVE DOWN 2700-2500 RANGE CURRENT DOUBLE TOP CURRENT OSCILLATION TURNING POINT WITH A LOT OF HANDS HEAVY LONG SUPPORTED BY CHINA TRADE MEDIA PUMP ES COULD VERY WELL SMACK DOWN INVESTORS 3RD QTR 3000 IS STILL A C>D TARGET CURRENT MOVEMENT IS B>C A>B HAS BEEN SATISFIED TWICE WHICH MEANS A DOUBLE TOP
AB=CD Bull pattern AB .786 satisfied 2618.50 CD 1.618 target 3159.50 Demarcation 2734.50 Consolidation zone 2815.50
AB leg .618 satisified, CD 1.272 target AB leg .782 still possible, CD 1.618 target 9990 exceeded nullifies this study