this was a question which echoed through my mind these last few weeks. ---- my primary idea has us going down, and very hard, pure capitulation. ---- there's been a lot of excitement on this bear rally >notice how i call it a bear rally >cause that's all this truly is in my honest opinion. a lot of people think things are back to "normal", but normal is long...
Has built a triangle (five-wave pattern) over the course of this year. If resistance ~32 continues to hold could see a pullback, which would be bullish for equities $VXX $SPY $SPX $QQQ $GLD $TLT $TNX $DXY
I see many other patterns of strong bullish cones in stocks that seem somewhat threatening to the financial sector. By the I mean every singe one. Let’s see. God be with us.. good people with grace
the story goes like this, there once was once a bunch of these bull bros who turned bearish near the bottom of a bear market lows. when they finally turned to bear market maker laughed into the air it was a mission which was so deviously accomplished. --- --- --- 3750--->4530 this is my projection into the new year. 🎆🎆🎆
{this is not my primary count} --- good evening, this is a bullish interpration of what comes next. putting on my bullish sweater tonight, just for the sake of the argument. ---- so many people are bearish right now, like more than i ever imagined. you know what happens when this many people are short? a face ripping short squeeze takes place, which marks up...
good morning, es ended up rejecting my 4170 level almost to the penny yesterday. pretty nice move down, but not really big enough for the bears to take back control. --- im going to be looking for a grindy suckers rally over the next few days, before another flush comes and takes es down to about 3750. from there i'm theorizing that spx will squeeze to 4500...
this is a follow up to my last post, read that one first. ---- Considering what i mentioned in my last post, if the bounce from 3880~3860 is weak, and price begins to flag into the days ahead, this will not be good news for the bulls, but it'll be great news for whoever is ready to catch this short. ---- realistically, if this case is confirmed we can see es...
good morning my peoples, es is yet again at another crossroad here. ---- >>IF the area between 3880~3860 is supported by the bulls, and they come in strong, es might be able to get out of this funk and continue the upward trajectory into the months ahead. >>IF the bounce is weak, it flags out, or there's no bounce at all, then the bull days are behind us and...
Looking over 20+ years back. Pretty self explanatory.
my main target of 4300 has been hit. --- exactly 30 days from today, a majority of all of the puts in this market will expire worthless. there is tens of millions of far otm contracts across the board. majority of the stonk market is apparently short 👀. majority of the market also tends to be wrong, every single time. maybe this time is different, but...
Since November 10th, the Stoch RSI topping out has been a reliable indicator that a short-term top is in or very close to being in (a few trading days away) and a precipitous fall is to follow. The indicator has been right 7/7 of the last time. I believe the trend will continue and go 8/8.
The VX Complex comes under duress during Wall Streets Summer Fun Run. Buying is an unprofitable game. UVXY / VXX / SVXY is an assured loss. When UVXY was trading over 11, I warned one trader off the Calls prior to the plunge, suggesting it would trade to 9.09 and likely knife right through it. Tis the season for the Crims to run the table - even collaring the...
good morning, i'd like to be bearish, but it's not advised to go against the flows of nature. here's three scenarios i currently see at play in this general area~ --- 1. the green (the bull) - this case will confirm that a bottom was created and we successfully were able to put 5 waves up to create wave (1) of a higher degree, wave 2 would pull back 50~60% of...
Looks like we located a potential market anomaly on the daily timeframe. As we approach a potential end to the A/C wave, there looks to have been a sign of weakness as we have a few candles during the most recent a/c wave that are giving us some information (Bullish candle/bearish volume). Since then we have seen price start a small bullish move. Looks like an...
The market made a really nice broadening wedge Friday, but we're at major resistance. The market needs to pull back here to cool off and bring more buyers in. VXX is printing hollow red weekly candles which means she's about the blow up again. She's been primed and ready for a breakout for the past two weeks.
good morning, by the looks of it, the bulls are in complete control. while the media feeds the masses fear, doom + gloom, the big boys are buying up everything. bears keep shorting, market maker keeps squeezing. until the last put expires worthless, this thing is going to continue pushing up in my honest opinion. ---- i've two paths on my chart, red path is...
The truth is that it is a buy whenever the VIX gets close to 20. Since November, and especially since the war in Ukraine broke out, I've said that the VIX below 20 is a steal. The VIX has just had a mini jump because of Pelosi's visit to Taiwan, but if nothing happens between the US and China, it could fall lower. Personally believe that stocks have another 7%...
Rushing this out before market opens... The VIX index is rather special (to me) and it is not feasible to use usual technical analysis on that chart IMHO. So, I use the VXX (VIX ETN) for a better idea when volatility spikes might occur. Am observing one just now with an apparent alignment of weekly adn daily factors in the charts. On the weekly chart, noted...