Suppose that the SP:SPX decides to correct all the way to previous ATHs. We'd be taken from current levels to ~1500 points. Do you believe this could happen? And if so, how would you prepare fur such scenario? Only time will tell. But I'm prepared.
Hey traders, The SPX, and of course the NAS100 and US30 , are all showing that they are in finish an ABC pattern (the green), of the A of the ABC pattern (Blue). Meaning we are entering in the blue B of the ABC and we are looking for those objectives: 1/ 3800 2/ 3770-3740 3/ 3700 You can check bellow my reasoning and how I found those objectives. ...
You can see there is a strong difference between the real cyclical bear market and the current correction. Also the primary bull market last 25 years last time from 75' till the 00'. We are now at around half cycle (13 years in). Last cycle SPX did 20x since cycle low the cycle before was around 13x (if data reliable), now we have just done 6x really...
In response to the Federal Reserve increasing interest rates yet again, the markets - both in stocks and crypto (and housing soon to come) - have been dropping pretty hard lately. For crypto investors out there: this is the sound of mainstream money from the general public leaving the space - they came for the party, then left after the party was over. The craze...
Hey traders, We are today analyzing the SPX, and we are going to prepare for a LONG, because we are soon entering the C wave. " Stock indices in the United States began lower on Friday, driven down by Tesla and Apple shares, as a strong employment data stoked fears of tighter monetary policy and rising inflation " LMAO They can talk about anything in the...
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As supply-side inflation continues to worsen, I don't see the economy getting better. I believe we are headed for a true recession within the next 12 months. With that in mind, my technical analysis for gold lines up. I think we will see GOLD at 3,000 USD/OZ within the next few years. Just an idea. Let me know your thoughts.
Since 5th of June to today - ascending tunnel formation built out of higher highs and higher lows creating the shape of a tunnel going up. The range to sustain the pattern is 1789 - 1825. A break below 1789 with a 4h close, will allow for further decline down, as a first stage to 1760 hourly support. A break above 1825 with a 4h close, will allow for target of...
Orange is S&P500, blue is Inflation (US CPI). Each time when inflation was rising we got a correction in the stock market.
I predict that US100 will follow this trajectory down to a tee. Let me know your thoughts.
Wake up boomers, your pension funds are not safe. But for real everything looks awful. This is not your "standard correction" like the covid dump in 2020. This is VERY real after we lost weekly support and the momentum to the down side is very strong. For the ones that are not prepared you are in for a rude awakening.
Taking the long view of the last forty years of prosperity where BTFDs and HOLD THE COURSE were the prevailing mantra. But that is paradigm is now over and the new paradigm has yet to emerge. My GURUs are split between A STOCK PICKERS MARKET and THE FINANCIAL SYSTEM WILL CRASH, But Precious metals and other inflation hedges. But what are you going to do? That is...
just going over some indicators and looking at all the obvious signs we were heading into a crypto ice age. For one look at the momentum and volume into the 2nd half of 2021. There was an obvious downturn for the past 6-7 months and the selling volume was much heavier than before. I added an outline to the squeeze momentum indicator of what I think the current...
So in conclusion, with the merals issue, supply issue, housing issue, inflation issue, investors heads in the sand issue, tech issue, incompetent leaders (all of them) issue and FED issue. This chart being a fraction of a fraction of a percent from inversion in 10-7 and already inverted in 30-20 makes more sense then the random PPT rally an hour before close...
Overall market is skewed and shows a significant warning sign for the following weeks to come. Up days from now should be sold and taken profit from. Reduce Risk and Take Profits for the coming recession --- 1-2 years from now
This is another specific position against the inflation happening in the US Dollar . Betting against the US Dollar in a "safe-heaven" currency as the Swiss Franc is considered as such. The total money supply of the US Dollar went from 4 trillion dollars in 2020 to currently over 6 trillion dollars. I have nothing to add here. Depressive times need a little bit of...
Okay okay, I was way too early on this one and called it right when a bunch of Macro factors took a shit on the market. So yeah. Anyways now is the time. Thought I'd make this post since I am sampling their "product" and to correct my prior early calls. Their product is amazing and is a godsend for those that suffer from anxiety, depression, etc. All targets...