Well, there is trouble in the markets for sure. Last week saw a meltdown of about 8% from one peak, on the DJI. My crystal ball broke a long time ago, and I'm not getting a new one from Ebay. 😂 The video outlines how vigilance on the 2H timeframe paid off for anyone who wanted to short this market. So - what about next week (beginning Mon 24th Jan)? No...
In this video I look back to early 2020, to see how the 40% collapse in the DJI happened. Am I preparing for a collapse or correction? Yes I am. Preparing does not mean I am predicting. What is see looking back is, that a 2 hour ATR trend south had developed. It is the best fit. I had tried 1H trend but that did not fit well enough, where price would stay...
In this video: * Current price action of the dollar coinciding with that of the markets and an understanding that the Fed may raise interest rates soon, all indicate that the broader markets will begin to roll over and turn bearish. * Cryptos may still have time to complete one more bullish cycle before the markets turns extremely bearish.
CAUTION IS STILL IN ORDER IN ALL ASSET CLASSES! Markets have to be ready to go down and they certainly appear ready.
Laying it down... TNXP DJI BTC ITRM THMO QLGN CLOV ARDX NAKD @dRends35 this one is for you my friend across the pond!
In this video: * We must review the stock market indexes and sentiment in order to accurately gauge our crypto space * Overall, nothing has changed. Still bearish! UPDATE: Apparently, TradingView is still having video issues. Subscribe to my substack below to view the video there or any of my other social media accounts. - Stewdamus
In this video: * I look at the leaders in the crypto space * I discuss some potential caution flags * I discuss price action on the DJI Index and something to watch out for * Be safe traders!
Went as forecasted. Check out the previous video for the analysis and setup. Would love to hear from those that benefited from the analysis. Smash the like button, if your would.
Well, the Dow has enjoyed repeated bull runs. Something about COVID has me uneasy with any optimism. Understandably the NIKE and European sectors are suffering worse. Although as inflated as the dollar has become, it keeps dodging the "big one." Perhaps it will not affect the market, but for the short term, I have spotted a 4HR Triangle on the...
This is the meat of the subject! The DJI, SPX, NDX, GOLD, and BTC are all going full-blown melt down! But SILVER, TLT... TNXP NAKD TLRY SNDL BB BIOL RGS THMO FAMI AMRS METX FCEL RIDE MVIS Are ALL full bull...
A big week for the stock market! We got nonfarm employment, FOMC statement/interest rate decision, trade balance, nonfarm-payroll and unemployment rate. A lot of potential catalyst hitting the market this week. Defiantly stay sharp and keep a close eye on the market.
Bermuda Bahama bears run from the drama! Bull Market has picked up more steam a bull breeding pen in Pamplona. Watch out brittle European Bear, the American Bull will not be sitting dinner. Combined with Gann technicals and weekly triangle pattern, the current, uptrend is on. Macro setup from higher lows on the monthly chart indicates promise for a MAJOR 3 year...
There are only so many cows that a bull can stud. The DJI was a stud for 12 years. But this old bull has to be put down. What will the stimulus do to fuel the market? Is it a shallow attempt to keep and old bull trend going? Weekly analysis using Gann Fan on 581 day rally shows sharp ledge forming. Expecting this shelf to start a new swing. The big swing (recession)
What people have not learned about the Bulls? They keep on COMING! Ever seen a cow studded by a man bull? Just watch out for the pointy end! But seriously, everyone doubts the dow. Might as well spell the next short "DOWnt" because Bulls are still in control of the weekly chart. Take Profit May 2021 40,000
Bullish momentum returns to the US market! S&P500 breaking resistance last week with relative ease. Can this momentum continue?
PART 2!!! Bitcoin, Gold, Silver, DJI, SPY, NDX are all going lower than most can comprehend. If you are long you are wrong!
There's valuable info packed in this! Part 1... Part 2 in the next few minutes!
All three major US indices are testing a key support level as we speak. Can price hold these levels and bounce off? On other note, Chinese Stocks, particularly tech companies, have also seen some strong gains the past two weeks. Does that mean we could be forming a bottom on the Chinese markets? View our analysis now!