US/Global markets are actively seeking a bottom at this point. We've witnessed the largest unwinding of global excesses since the DOT COM bubble and, before that, the 1929 market peak. Use this symbol to experiment with market trends/setups: (TSLA + ARKK + ARKW + ARKQ + GME ) / 5 In my opinion, the deep selling is nearly over. This chart shows the custom symbol...
After a crazy, news heavy week, I expect price to begin bullish, and end bearish. Next week, we have the Consumer Confidence, GDP, and PCE releases. It will be interesting to see if we do in fact see a santa rally to finish the year off. In ICT fashion, I expect the high of week to be made on tuesday / wednesday.
Pay attention to the very real possibility that the current GAP will be filled early this week as price attempts to find a base/bottom after last week's selling. I expect moderate volatility and a change of trend as we move closer to Christmas. Initially, we'll see some moderate downward price pressure, then we'll see a shift upward near the end of this...
Markets are digesting the Fed rate increase and consolidating in an uptrend. Watch for Flag support near 3930~3932. Bias should still be BULLISH right now. Protect your capital as we move into end of year trading. Don't get aggressive with trades. Follow my research.
The reflation trade in the US stock market (Wave-5) is about to explode above the GREEN resistance line. Far too many people continue to believe the US markets will collapse on some Fed/Economic crisis event. What they don't understand is the US is in a different position right now. Yes, deflation trends may continue for REAL ASSETS (homes, cars, commodities,...
This big rotation to the upside, after the CPI number, presents a new $4018 support level on the ES for traders. The Fed rate decision tomorrow may send markets briefly below this level, but watch for a reflation trade to setup after the Fed comments. If my research is correct, a melt-up trend has already been established. I expect the US Dollar to melt back...
Here are the SPY Cycle Patterns for this week. Expect more sideways melt-up trending as we head into the Fed rate decision and key economic data. Traders will start to shift into early 2023 expectations this week (after the Fed). Check out my other posts. The markets are not expecting anything extraordinary right now - more of the same. The Fed rate decision...
#ES 60 Min Zones for this week. Support: 3912 & 3960 Resistance: 4018, 4058, & 4101 Trigger Zone: 3990~3995 I expect a melt-up to continue as expectations for 2023 settle into the EOY trends - likely attempting to break resistance at 4058 & 4101. Follow my research.
E-MINI DOW JONES ($5) FUTURES A very strong landing as we analyzed and broke the forces of the zones of support and demand and God willing to continue landing
As the global economy continues to recoil after the US Fed rate increase - watch for the USD/DXY to find support above 103.70 and flag sideways/higher over the next 15+ weeks. I suspect any continued Fed rate increases will put further pressure on global markets/currencies and drive foreign investment in USD assets throughout 2023. Yes, the US economy is...
I love the fact that traders are messaging me asking questions regarding my SPY Cycle Patterns. Thank you. I hope all of you are starting to see some value from my research and using it to profit from some of these moves higher. Right now, and probably until next week (Dec 12 of later), the markets will probably slide into a fairly volatile sideways melt-up...
Far too many people got burned over the past 24 hours by betting the FARM on the Fed coming out Hawkish. I was chatting with a guy on Twitter last week about his call for a deep selling phase (possibly reaching COVID lows) in the US markets. His followers got burned by today's move (some really badly). You have to shift with the market trends and prepare for the...
This week, I expect a bit of a sideways melt-up before the Dec 7 start of the Santa Rally. The markets are digesting the post Thanksgiving trends and may continue to stay in a fairly narrow range over the next 7~10+ days. I do believe a critical Fibonacci inflation point is likely before Dec 7~10 - prompting a moderately strong Santa Rally phase to...
1-70% go down and touch support and go up to fibo161 2-30% go down break support and go downer above green arrow after pinbar come on 1hour or 4hour or daily chart we must buy Sl: pinbar low and hold to new high ok? if you have old sell,you must close all or hedge them in fibo50 33760-33770...dont forget dow,index, dax sp500 and gold love buy and uptrend so...
Here you go. This week I expect the markets to melt upward with a couple of bottom/momentum bottom patterns as well as holiday trading liquidity. This week may see some volatile price swings, but overall I believe the US markets will continue to melt upward. As we near the end of the year, I expect some traders to try to pull out of positions (anchoring in tax...
strongly advice dont pick sell, looking for buy signal and buy pinbar for hold to new high if you have old sell you must close all near 33000 good luck
FOR ALL INDEX FROM DOW TO NASDAQ : we strongly advice 90 percent looking for buy and be careful from sell dax 1st target is fibo61% 14500 and if break it and high can start wild trend to new high 19000 in 2023 keep monitor AC indicator on dax 4hour chart ok? if you have old sells you must close all above 13950 support note: COT data in chart below...
The incredible rally last week as traders flooded into US & Foreign market assets. The US Dollar rolled downward. Cryptos blew up and continued to tank. Traders are assuming inflation data will continue to trend downward and are viewing many foreign assets as "undervalued". You have to attempt to understand the psychology of the markets/humans and the seasonal...