Now the reason we really will not go down overall in the mid term is because the market has seen too much bad news. We have already seen how even as bad news happens it becomes less dramatic each time. The Willy report is not anything new that we did not already know or speculate on. If it was bad it would have moved us FAST like all news does. There does need to...
While no one can really know where anything is going in life it is always great to share ideas. With that in mind when I originally made this chart I looked at how past history may be driving us forward. It is hard to tell what may happen with so little time but we could be in for another bubble. There is and always has been greed in the market. Those who don't...
This exponential model was carefully rendered from historical trade action data. Lower support trend breaches at this point do not alter the indicated price targets; ranges are still to be considered accurate. •The regions detailed in my post "INTRA-BUBBLE LOWS PERIOD … " are represented above using pairs of RED|VERTICALS with an interior span of ├5 WEEKS┤,...
The current Netflix trend appears to be a repeat of the 2011 bubble burst. In fact the two curves are almost identical so far. If we assume that the 2011 trend holds, and project the expected 'bottom' after the bubble bursts, one can infer some near term price targets that could be used as some type of options play.
I have been adding to my silver position for months and months along this most recent bottom. At this point, silver seems like it has been beaten down to it's absolute bottom. It is currently sitting along the .764 fib level, which also happens to be the bottom of the donchian channels. The RSI is as oversold as it was at the beginning of the '08 bubble. Bullish...
This has totally failed! While doing this I noticed that when I drew the Fib Time Zone that it lined up really close to the peak to peak line that I drew. As a matter of fact it seems that every peak has been following the Fib Zone 1,2,3... Now price predictions are going to be much harder to predict. Since there isn't an old data to base future up swings on...
How many times will we see this pattern play out? I've been made fun of for calling such a low target price (sub $200). We are in the last phase of THE classic bubble pattern. reference tech stocks or marijuana stocks to see where we are heading. "Those who do not learn from history are doomed to repeat it"
The primary reason I made this chart was to study the durations for the stages of each of Bitcoin's previous & current market cycles or phases. These are the 2 areas marked by the bold white outline. Each phase is clearly made up of 8 stages, or rather 4 stages & their corrections. I'm going to call them: 1) The Boom 2) The Swing 3) The Dome 4) The Incline The...