Hey folks - been a while since I made one of these (not too much interesting movements in the crypto markets lately, honestly), but after a long period of inactivity in XTZ, *something* seems to have triggered a move. There's a few people wondering where this spike in Tezos came from - unless the transaction was triggered by literally one wallet (unlikely since...
It's clear that we've had the 1 year anticipated breakout. And it's down. Right now, we are having a slight rally which is known as a Bear Market Rally or a Dead Cat Bounce. The price can go up a day or two but the resistance level will most likely hold. And this will cause the next down leg with the ALSI... First target will be around 61,403
Looking at Job Openings data, bear markets end when RSI is below 30, we've just now crossed below 50, we have a long way to go. I think Job Openings need to fall to roughly 1/3 of the current level to 3mil or so down from 9mil, which would still be quite a bit higher than previous bear market bottoms. Equity levels will most likely follow right along.
NASDAQ:AAPL Just a range breakdown and retest imo. Daily demand below. Expecting a one more low before a bounce. Bulls needs to hold that demand or 150 gonna come fast.
CME_MINI:ES1! CAPITALCOM:US500 CME_MINI:NQ1! CAPITALCOM:US100 Hourly consolidating in a bear flag. Incomplete bear count and looking for a one more low for Wave 5 followed by a big bounce. Not a buyer of first bounce after the big sell off. One more low and stop out early bulls and trap late sellers and send it higher.
Stochastic's unlike nearly all indicator's have the ability to flip from overbought/oversold to locked in to a continuation of TREND #SP500 is still locked in a bear trend after 3 days with both K&D lines above 80 or below 20 S and P 500 is locked into a bear trend still which means all rallies should be faded until that locked in status is lost
The drawdown visualisation is a great tool to determine the characteristic of previous and current market conditions in whatever asset you are looking it. Here I have drawn up AMZN priced in CPI index units rather than notional US Dollar's. For what purpose do people allocate money to equities... but to grow a nest-egg for the your future. But timing is...
looks good for a drop and continuation of the weakness 1200 points to go ... bears are in control for now. #LQQS 3X short is a vehicle that i own as a hedge to my long exposure on crypto
The price of Fetch.ai (FET) saw a decline following its failure to breach the $0.27 resistance zone on September 3rd, initiating a bearish trend. The situation remains precarious, as failure to secure a close above the $0.23-$0.24 Fib resistance range could signal the continuation of the bearish trend, potentially leading to a significant drop. Approaching the...
Introduction The Bank of America Corporation is one of the most famous of Warren Buffets holdings. It is right behind Berkshire’s Apple holdings in size and it has only grown during the recent banking turmoil. This is while he is “dumping” other banks because of red flags in their financials. That is beginning to look like a bad decision based on the technical...
NASDAQ:RIVN Daily printed shooting star on high volume after rejecting weekly supply zone. Also rejected high volume node. Massive volume gap below. Expecting a huge sell off as long as stays below 28 level targeting 16/15 support zone.
NYSE:BAC Lowest daily in over 3 years and a massive open gap below. Huge weekly uptrend breakdown. Expecting another -10% downside from current levels to fill the gap. There are very high chances that bank of america revisits COVID lows.
Between Nasdaq 2000 and 2023.. The RollerCoaster ? Look below in the link please. :)
Hello There! Welcome to my new analysis of ADBE. This stock has been massively battered by the major bear market decline setup in the gigantic bear channel. This stock did not exceed any new highs and did not have the potential to emerge with new bull momentum. The bears are still present within this stock and this is exactly why the bear momentum for this stock...
fade the bullish moves look for continuation down that is going to be the money maker shorting into resistance not longing on reversals
In log, it would be so good technicaly to start the next bull run. Nice wave elliot. :)
AMEX:SVIX AMEX:SPY SP:SPX CAPITALCOM:US500 CME_MINI:ES1! SVIX bear flagging and consolidating in a bear flag. SPY doing the same. Wave 5 next targeting new lows followed by a big bounce.
Daily bouncing off demand after a massive sell-off. Low holds, and we can see a small pump into daily supply above, where shorts can get another chance to short it with a target of new lows. Weekly looks like it's just working on a massive Head and shoulder topping pattern and should be resolved after the Santa rally. Will continue to update if there are any...