From now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread.
I dont trade short term, keep in mind my ideas are longer term, and its boring.
We wait for the cycles to bottom and we wait once in the trade for the trade to mature.
Fallow, like and boost so you dont miss the updates.
I dont trade short term, keep in mind my ideas are longer term, and its boring.
We wait for the cycles to bottom and we wait once in the trade for the trade to mature.
Fallow, like and boost so you dont miss the updates.
Comment:
Comment:
Update march until april:
Current cyclemodel shows that we are getting a short term low and we expect price to rally until mid march. But cycle turn down again after that. This is tricky and the marke is trapped in a range.
On the weekly chart we are approching the weekly 21MA often the case for price to test the avrage.
On the daily chart we are stretched far bellow the 21MA and expect the price to retest the 21MA.
Most financial indices fallow the bigger indices. This often gives hints about what happens in bigger stocks.
This is our idea for March-April. Will update again for April-June, once this plays out.
Current cyclemodel shows that we are getting a short term low and we expect price to rally until mid march. But cycle turn down again after that. This is tricky and the marke is trapped in a range.
On the weekly chart we are approching the weekly 21MA often the case for price to test the avrage.
On the daily chart we are stretched far bellow the 21MA and expect the price to retest the 21MA.
Most financial indices fallow the bigger indices. This often gives hints about what happens in bigger stocks.
This is our idea for March-April. Will update again for April-June, once this plays out.
Comment:
So far everything is going as expected, we fallow the plan.
Comment:
So far as expected.21 Weekly MA testing the 21 MA
On the daily 21 Daily price tested the 21 dialy MA and got rejected.
Price stil trapped in a range.
On the daily 21 Daily price tested the 21 dialy MA and got rejected.
Price stil trapped in a range.
Comment:
Comment:
Weekly march-april update.
We expected price to catch up to the daily 21MA, it did and got rejected
We expected the price to test the weekly 21MA it did but failed to bounce form it. We expect this prosess to repeat, with bear makret rallies and sell offs, slowly trendign lower.
Our call was rally until mid march. Since mid march is in couple of days, there is not much time left for any more strength. The bounrce did not have much strength. Price will trend slowly lower, with bear market rallies. Dont get fooled thinking its a new bull market. A tradable low only comes in June.
We expected price to catch up to the daily 21MA, it did and got rejected
We expected the price to test the weekly 21MA it did but failed to bounce form it. We expect this prosess to repeat, with bear makret rallies and sell offs, slowly trendign lower.
Our call was rally until mid march. Since mid march is in couple of days, there is not much time left for any more strength. The bounrce did not have much strength. Price will trend slowly lower, with bear market rallies. Dont get fooled thinking its a new bull market. A tradable low only comes in June.
Comment:
Comment:
We expexted small rallies. But dont want to trade until june.
This market is trapped in a range. We wait.
This market is trapped in a range. We wait.
Comment:
Cycle update April-May:
Cycle show downward pressure until May, mybe we find a good longer term low in may to buy som depressed stocks.
Cycle show downward pressure until May, mybe we find a good longer term low in may to buy som depressed stocks.
Comment:
Comment:
Oversold again. We stil expecting more weakness into may.