Hey guys, the sp500 is bouncing and we expect a final move lower today. Our last 3 ideas on the sp500 have made a total of 1700% return on our options. Stay tuned for these crazy opportunities.
I'm expecting a bounce higher into the open followed by a steep sell off. The sell off may continue into monday morning but basically today is your last opportunity to...
So we hit the 380 target and now we are bouncing, this should be a very strong move higher potentially breaking the 392 level by (wed, march 3rd).
I didn't take the long because option prices were so expensive.
There may be a short next (wed, thurs, fri) when option prices are cheaper and reward to risk increases.
Hopefully everyone made some money on my last sp500 predictions. There may be another opportunity wed, thurs, fri.
It appears as though we may have an opportunity to short the bounce again going into today (wed).
I have done a forecast on the price. Lets see if this plays out, don't load up, stair step into the trade.
So I got stopped out of my previous short trade on BTC, Previously I mentioned that we could bounce strongly from the 30K, then we formed a mirror pattern and I said again we will bounce strongly from here. After we shot up close to weekly bearish candlesticks and 40k resistance I took a short (a little premature in hindsight) but it is what it is.
So price DID NOT pull back to my entry unfortunately and continued to rally higher. But at leats the move up was as predicted. Dont buy this high because the next move the historical analogue is predicting is a short as we start to close in on that 4k level.
In my latets video I mentioned we are topping out on Ethereum, our next stop is the $500-700 range. This setup is VERY similar to XRP crahs before the lawsuit. I have opened up a starter position now and will keep adding until my risk is correct. The 1400 area is the best price. Lets go Ninjas! :)
Our educational entry for the week!
LEAVE A COMMENT ON YOUR ENTRY AND GAIN. ill be seeing who takes the best entry and % off this!
UJ has been trading tight recently, forming a strange ascending triangular formation with the Eliot Wave impulse's marked up.
We believe the bottom trendline and magic 3rd touch will mark the end of the 4th wave and ready itself for...
UJ is currently breaking out this descending line, could be a false breakout or a retest of the trend line. Personally I believe it's a false breakout. A clear break out of the 107.00 mark should change the trend and bring back the ninja to the previous levels of 110.00-112.00
Resistance levels at the moment are: 106.00 (psychological level)