FaalManage

FaalManage Updated 

Last post I stated dont be surprised if we hit 9.5k on the nasdaq, and that I wont be bullish likely until next year (2024). Listen, the market has nearly always done what I said it was going to do. Here is some new things: - the market will likely hit 9.5k by 2. November or 13.november. - I change my mind about not going bullish until 2024, instead I will buy...

FaalManage Updated 

Don't be surprised if we hit 9.5k on the Nasdaq. China could easily invade Taiwan in 2023 or 2024. Russia could easily cause huge problems, there is already an energy crisis expected in EU. Short term Jerome Powell is gonna keep talking more hawkish than his actions indicated (his actions will be more bullish). Institutions are back to shorting and they will keep...

FaalManage

I personally believe its a good idea to very slowly average into short positions. Although its likely that this month is completely green, i still think long term maybe 2-3 months from now averaging into short positions would lead to profit. The weekley rsi might even go above 70 and markets hit 14300, but i still think its a good idea to average into short positions.

FaalManage Updated 

Just declaring some things quickly before the market closes. I went long at 12400 because i have a firm belief that the market will reach 12900 by September at most. I HIGHLY believe that tomorrow will be green, betting long at the current price 12070 in my opinion is a great idea. as long as its a long term trade. Again tomorrow being red is HIGHLY unlikely and...

FaalManage Updated 

There might be a fakout before a breakou to the upside

FaalManage Updated 

You want a real suggestion on what will happen, look at the daily timeframe, and the wicks they are leaving behind. Above all, remember the multiple days last week where news that was considered 'bad' was reported, the market dropped throughout the day on that given day. BUT, by the end of the day it would either be positive or from -2% to -0.3%. This simply tells...

FaalManage Updated 

its looking to make a big move either this month or next month

FaalManage

My previous post (Feb.24) i state the nasdaq will be heading towards 12400-12200 and u should start switching from short positions to long positions in companies when we reach that 12400 target. Well, we are pretty close right now and you should start doing exactly that. You wont see 5 red weeks in a row very often.

FaalManage

So i have made a posr jan 18 when the us100 was at 15300, clearly stating there is incoming crash and you should establish short positions. I also stated that ultimatlt the market would reach 13400. But that was a saf estimation, and in my mind i hd 12400 -12200. And therefore wait until it gets there and then start switching over from short to long positions....

FaalManage Updated 

US100 might break out to the upside after potentialy a fake 'breakdown'. it usually does this first a fake break out in the wrong direction before a breakout to the real direction. earliest you should get in is 1530 and latest 15611. i will update when i get in.

FaalManage Updated 

Its a short again, especially at 14611 if it goess there, this might take time around 1-2 hours before it drops hard. Target would be around 14400. overall today i think will be green, but mby not this green. or atleast at some point we are back to only +1.5%

FaalManage Updated 

US100 likely to drop donw to 14250 and possibly further

FaalManage

US100 has reached a descending resistance at around 14920-14950, if it gets a break and stays above, especially at market open, we could see 15100 --> 15200. And trading between 15100 and 15600 becomes the new range over the week. otherwise if it doesnt break above, then a break down to 14720 --> 14600 is is likely

FaalManage Updated 

Likely to break down from the bear flag soon and reach 14294 and further towards 14200

FaalManage Updated 

Us100 Oversold heading towards 14200-14150 gogogogogogo

FaalManage Updated 

This week closing in the red (which is what i think will happen) would pretty much be a confirmation that we are officially in a bear market, institutions have established short positions long ago in multiple companies and are enjoying the drops. Its not yet too late to establish short positions as the next price target seems to be 14700 and ultimately --> 13400....

FaalManage

The US100 just went oversold, yes i do think it could drop lower, but it is more likely to go higher before it drops lower, mby back to 14900. This should not be a big trade, as we are probably already in a bear market and it is best to short.The fact that its not being bought up right away after a 700 point drop just means its likely to keep dropping, but it is...

FaalManage

Alright, as investors are celebrating higher inflation price is aporaching a resistance level where i expect a retracement. Likely atleast back to 15950 could go further down to 15850 and as low as 15750. But get out early as the earnigns might come in positive and the market is just looking for any reason to rally