krisoz

krisoz

Gold has a pattern of about 74% run. You could break it down to 74/3 as well as I had done in a related post. It could ender into some consolidation for a few months

krisoz Updated 

I am now bullish in near term. For those following me, I have updated HILO EMA squeeze band with an option to plot more lines as seen this chart. I see a swing high of 5770, although a bit cautious about the month end. Market is tired of Trump tantrums and more focused on earnings which have been great so far. For near term month or two I would be looking for bye the dip

krisoz

Nations may be lining up to kiss Trump's a??? but SPX has come to kiss a confluence of trendline resistance as well as POC Also markets we approaching month end. You only need to look at the past month ends and see what happens to the price, yes they tend to reverse very often if not always, specially if the prices are below 200 ema as it is now. I would be...

krisoz

Just presenting what I see. Prices likely to be pulled back up to the LVN looking at good buy volume at close. However the days volume wasn't great because of the Europe holiday Holidays ar common for whipsaw prices. With european markets open today, I wont be surprised if the market head back up for a day or two watch out for the resistance line Safe trading

krisoz

Europe market being closed major traders from europe will be absent. This will allow big move in the USA market today. Also Japanese deal failure will sink the market Market has again somewhat formed a Head-Shoulder pattern. Target for the week 498

krisoz

Hello drivers, I mean traders, LVN pothole ahead, drive(trade) accordingly. 5% drop expected based on VP For those not familiar with LVN ( Low Volume Nodes) in Volume Profile, is price region where prices tend to move rapidly for lack of resistance or support Interestingly if you look at the chart carefully, since June 2024 the prices have moved/gaped 7 times in...

krisoz Updated 

Volume and trend analysis showing key levels to watch. But in this market single chart analysis is not enough. I look at Dollar Index, Gold, 10Y Treasury Bonds. All indicate low confidence in USA economy. Unless these improve I will remain bearish even if SPX,SPY breaks to the upside. But most likely the markets will reverse at max resistance, as the hedge funds...

krisoz

Many stocks move in steps thats why trendlines work. But in some stock the steps are not very clear, But Apple the steps are very clear. Here the price rejected by trendline and could be great time to short and also completes 20% The steps are caused because stock holders expect that return before they sell off

krisoz

Watch out for the this weeks options expiry on Thursday (Friday being holiday) During volatile time option expiry does produce sharp moves. They are not that significant during normal markets. Also key levels approaching. Monday after Easter, I am expecting the new move to happen. Breakdown or breakout. I am sure the big boys are aware from the social media that...

krisoz Updated 

I had said in a earlier post( see link to Related publication) that Vix is indicating we will be in 2022 style market and so far indeed it is, except for the breakdown from the wedge last week. Expect the price to fluctuate within the wedge to consolidate before a breakout The comparison shows close similarity of the wedge and path (except last week)

krisoz

Using major trendline break, I am targeting 43 which coincidently is also 2006 peak price

krisoz

This is something I have worried for sometime and my main reason for being very bearish. Tariff has only help uncover the banking mess hiding underneath. XLF could crash 5-6% in couple of sessions based on VP www.theguardian.com

krisoz

I know, I sound like a bear monger when the market looks very bullish and at best possible technical support. Nothing wrong with taking advantage of it, but shouldn't forget the bigger picture. The market valuation has been pushed up by easy money since GFC and valuation. The covid money printing made it worse. Bigger the bubble, bigger the burst With recession...

krisoz

After warning of 200 pnts drop yesterday for monday, the futures opened 200 pnts lower at 4800 But expect to see a green bar during the day or tomorrow with 5100 as target to fill some gap and many short sellers taking profit. 4800 is at 2022 peak so technically a strong support 5100 hundred would be a resistance for further downside If it goes over 5100 and...

krisoz

SP500 E-min futures opened 200 pnts lower as I predicted. I have to make frequent updates because of the fast changing environment. This is just reading the market and you all can do it with practice. Volatility on futures options has crossed 100! My God! I have never seen such readings. With SPX being at key level at 2022 peak and also at HVN, some positive news...

krisoz Updated 

Three days back I had warned of a crash which did materialise beyond my expectation. Today again based on the same VP analysis and additionally major trendline break principal I am predicting a 200pnts crash on Monday as we have enter a major low volume region. I hope I am wrong for the sake of all those who are still invested The market achieved the first target...

krisoz

Channels can be drawn in many ways because of fractal nature of markets. Every one could draw different channels and they all could be valid, So I prefer to draw a few likely ones some short term and others long term and find a cluster of convergence for high probability. No one is perfect So just presenting what I see in NDX, mot likely ones I expect Vix to reach...

krisoz

Just putting my personal view based on market information and minimum speculation. I hope my warning of a crash in my last post was useful I rely heavily on volume profile and market geometry and of course my indicator( check it out: HiLo Ema squeeze bands) I expect the market to fall to 4820 (about 61.8% fib level) to fill some volume gap, also 2022 peak, do a...