Before we start all views are my own and are based from my overall personal research.
As we have covered in previous markups and breakdowns we are taking our major lows on the larger timeframes on the DXY.
Here we have a pretty simply markup here for DXY iam only looking at this for a short term idea overall i strongly believe we are set for some serious...
Current market cap = 14.889b
FY 22 sales = $2.57b
Price to Sales ratio = 5.80
Etsy has been accused by citron research of selling counterfeit products look at the below tweet for their reasoning twitter.com
Now here are the 3 big questions to be answered
1. Will ETSY face legal problems in removing all counterfeit products?
2. What % of their 2.57b revenue...
It's all on the charts. The Dollar does not like trenches. Zoom into chart for a better view.
This is a probabilistic estimate for a 51% chance movement north. That means there is a 49% chance of no direction north. Prediction this is not (because predictions are 100% for occurrence).
What this means is that the probability north should be factored into all...
Some saw it, some missed it - and some don't want to see it.
It's still there: The Death Cross.
It is not common for a death cross to appear on daily time frames of indices. When it happens due caution is needed.
No predictions here. The probability at this time is greater for the south. How far south? The markets will tell us. The markets have not spoken to...
What's happening here?
1 - There is a sharp ATR spike for the down side.
2 - Price has made a struggling rebellion (so far).
At each sharp spike of the ATR price has travelled south. That doesn't mean price is bound to do the same again.
However the latest spike down is even sharper than the previous two.
What this means is that there is a 51% chance of...
The Aussies are in trouble but they may not know it as yet.
Caution : this is not a prediction that the AUS200 is about to crash, or will crash. All observations and comment are based on this snapshot in time. Next week this analysis may be irrelevant if the picture changes dramatically.
Features on the chart:
1 - A clear sign of rebellion after panic...
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...
It looks like a head and shoulders to me on the 4H time frame, but always debatable.
Sentiment changed on this index many days ago, as seen in the 4H ATR line (on this time frame only).
This short setup is for true trend followers (not trend continuation). That means it is much higher risk to much higher reward ratios.
There are stop losses in trend...
There is a killzone in this.
What this means is that it's an optimal zone to take a controlled loss. Errrh.. that's called a 'stop loss'.
That means there are losses involved.
Shorting markets is well known to be more dangerous than going long in markets.
This is not advice to short.
Disclaimer: This is not advice or encouragement to trade securities...
This is not a prediction. The daily chart of BTC is actually showing no surprises. But if you read lamestream media you will see how people are scratching their heads about a recent pump north on BTC.
There are two important structure areas. The recent pump came off one of them - because 'everybody' was thinking the same thing.
The next structure area is in...
This is indicative - not predictive - of a reversal pattern.
See-saw patterns at market tops and bottoms generally mean something. What that means is 'be careful'.
What more can I say? Nothing.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions and...
Sharp ATR switches usually mean something for true trend followers.
The chart shows an important 2H trend switch. As always, with trend following it's not possible to say whether the trend is going to end soon or whether it'll continue for longer. This could even be a minor correction in a daily trend, but how would you know if it's not the start of a new trend...
There are some key levels to watch with Gold. This is a nice one to see if and when patterns may repeat themselves.
Two areas highlighted in yellow show some similarity.
This could be a short on a lower time frame. If shorting and you cannot take loss on your stop-loss, leave it alone. No suggestions given for positions and stoplosses. Price and price action...
No promises on this one - I can't. This is one to watch.
Tech stocks have been in a bit of a problem, not benefiting from hopes of a vaccine for COVID-19.
After all, tech was feeding off the pandemic in various ways. Tech and the virus are basically friends. So if the vaccine would limit or kill the pandemic, that's not good for tech stocks in general.
We're...
A head and shoulders (H&S) pattern is shown on this time frame. The right shoulder - not formed properly as yet - appears to be exhausting at this time. Price is struggling to stay afloat. This predicts nothing. The position is one to watch for those trading on lower time frames. Higher time frame perspectives are a must. This perspective is looking well ahead. So...
The chart shows a powerful sharp switch in sentiment - which is rare on the 8H time frame. Clearly sentiment has been dented. I see small gamblers jumping in, buying the dip.
Sure - on smaller time frames they may make a few bucks. However, at the moment I think they risk transferring money out of their pockets - on the probabilities shown on this time frame...
The DAX could be heading into new trouble as Europe goes into turmoil. I see a head and shoulders in there on this 30 min time frame. It's never perfect. These take on a wide variety of shapes. Have a look. (Note disclaimers).
Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no...
