As of today I now have a RSI sell Can we pop yes will we maybe is it worth not being in a put position No . based on all rates of change and the Hindenburg sell and 20 day put/call . At most is that last pop to 5131 I talked about or the QQQ reaching 444.1 As the post last week from the 421 area I said we should see 440 and Maybe 444.1 . The clock is running...
The chart posted is that of bitcoin and the ending of a 4 wave we are now in wave 5 of 5 of 5 TOP is of major Significance 54900/55350 SELL
The chart posted of Cash bitcoin is ready to be seen into the end of this week up to march 6th for the CYCLE PEAK and then I would look for a huge pullback or a wave 1 down . I would look for some bullish news into this next peak. This should also see the sp 500 and QQQ and chips stocks peaking
the chart posted is that of DE I see a rather good rally for the short term I see a nice rally to 389/391
I covered all puts as the vix printed the high this morning and have taken a small 25% net long on the view that this morning low was a minor wave 4 within the 5th wave diagonal . the dow came within 25 points of the min the target was 38950 to as high as 39200 focus on 39100 . today drop is the first of the cracks in the bubble phase . 10 20 and 5 day...
The chart posted is that of NVDA . I now feel the RISK is at a 10 out of 10 .based on wave structure and the relationships within the waves . last week I talked about 2.618 on a log scale as being an issue and we saw the reaction at that point 733 we then declined in an ABC and wave 2 and 4 were equal . I then labeled the decline as wave4 waves 1 and 5 would...
The chart posted is that of BITCOIN and my view of the structure . We seem to be in a final 4th wave and we should see the break of my midpoint in the long term channel wave 1 and 5 will be equal at the 55500 to 57120 focus on 56280 the mid point of the channel is 54800 So move to CASH once we see that 5th wave into this target as to the TIme that is...
The chart posted in my Preferred wave count once we broke above the target 48800/49100 this should lead to another gasp up in a 5th target are from 53960 to 57200 so I will look at the midpoint 55500area plus or minus 90 .This should also see the last gasp in QQQ .price target 440/444.10
The chart posted shows the math as to why we reached the area of 440 so far the high is within .77 cents 439.23 so far was the peak .Can we reach the upper target of 444.1 .Well so far we have dropped in a 3 wave and are near the BB bands and .382 of wave 3 . and the 4 hr channel This is why I have taken a long side again .
The chart posted is one I use to call major turns .As you can see the peak in feb 2020 saw a perfect decline and that decline times 1.618 call the exact Top in Jan 2022 and as we are nearing the END in which I see the rally from oct 2022 low as a classic wave B forming . we come to to the next golden ratio part of the fractal pattern that started march 9...
I am now moved to a net short the spy at 95% long in the money 510 puts for dec 2024 .I am holding out to move to a 100 to a 115 % short if we can have two thing occur .1st the sp prints 5055 and the vix on the 9 day prints 11.30 or lower.I have been waiting for the 5071 target and the dji of 38950to 39450 focus 39100 .But I saw some math as to why we...
Classic bubble and on the print high 1636 feb 16th from 8.56 to 1077 for no good reason from strong hands to weak hands
We have now reached what should be the END of the CARRY trade in the YEN . I am buying long calls in the yen Now and wait to see the confirmation in 225
The chart posted is that of the Japan 225 it has reach my forecast for the MAJOR TOP in the high of the projection . A new BEAR MARKET is now ready to begin . see my work
We now have a positive non confirmation in see RSI daily as well I will now move to a 40 % net long calls dec 185
I am now in a 20 % net short in dec 480 puts filled at 53.50 I feel we are seeing the Bubble phase Risk in this trade is high But I am at a 20 % position
The chart posted is that of AMD Today I took a net long PUTS at 75 % in the money wave 1 or A x 1.618 is a 173 to 176 target we are now it a top
The chart posted is the SP 500 adjusted for Inflation . It is showing one of the biggest sell signals I have seen forming since 2007