What are you seeing today? Its a bubble? 2010: 2011: 2012~2013: 2014: Today: more consolidation could will come if ETF is not approved on 11th March 2017... some buying opportunity on dips which could still go to $700 to re-test but I could see a really vertical pump if it is approved... and crash like 2014
Sign of bigger things to come? How about 0.1 ratio against BTC if anything negative comes out of 11th March with regards to the Bitcoin ETF? DASH may not necessarily gain in value (market cap, price against USD), but rather its BTC that's falling that pushes up the relative value of DASH/BTC..
Been watching the developments of ZEC for quite a while... Looks like the short term bottom is in with yesterday's capitulation below 0.022 BTC / ZEC. We're also seeing a test of falling trendline in ZECUSD pair. As always, stop loss at 0.0245. Just slightly below the current consolidation point.
Trump correction could be here right now. Short ahead of earnings on 31th january.
Short here with near term bear put option until 20th January, and play the IV collapse 1 day before earnings (27th jan) with calendar put
Clear wave pattern seen in the XLF -0.25% ETF . I'm expecting one final push up from 23.54 right now in the next few weeks with a target of 24.76 (76.4% retracement of 2008 highs). It would have been pretty good level to accumulate some long term puts up to a year. The anti-bank sentiment is far from over, and almost certainly not right now. Trump rally at...
Target of about 105 by 27th January 2017 (options expiration and earnings). currently grinding in the triangle
Minor and major 5 waves down from 1.09 and 1.065.. Wave 4/iv of the retreacement is still incomplete. Expecting another leg down from here..
Key neckline breakout. The low of wave 4 is probably seen by now, and will not move much lower. (previously 1.28 was still possible) Q3 exports was down a massive 4.9%. Trump presidency that will render the current Transpafic Partnership (TPP) under discussion obsolete. Increasing competition from regional ports (such as iskandar malaysia), and China's...
Watching this level for any significant demand, could be a nice bounce trade ahead.
pretty close to the buying area now... wait for 4th of December for the Italy referendum vote, we could see one final dump to buy the dip. Possibility a re-test of $26.
Despite the bond bubble right now, I believe there's some room for another rally in bonds. The election of trump have seen stocks driven to record highs, and bonds/treasury/gold crushed. The longest stretch of inflows into US equities since 2014 when the dollar rallied 20%. Net short in 10 year bonds are currently at record lows: (-500,000) i.imgur.com (courtesy...
Finally breaking out, or needs a re-test of $1.6? Watching.....
Self explanatory. Bitcoin broke back up today.... I just took another look at the weekly chart. This time it could absolutely test all time highs of $1000? very likely, just watch for the break of $800... (otherwise, double top) Aligns well with USD, almost breaking up of triple top with a possible 20~30% rally ahead, which will cause massive massive yuan...
Market seems to be getting ready here, and it would be a prefect opportunity for longs with tight stop loss. Watch this space. 0.022 0.0279
massive massive downside target if should 212.34 gets broken today, and the next support at 211.9 range.
All in with stops at $41... oil is going much higher soon. strong bullish movement here with constant rejection at $41 It looks unlikely that we might see an September/October market crash if oil starts its next big leg up here, which is historically volatile. Any confirmation of uptrend may easily bring SDRL beyond $5~7. This is a pretty nice proxy to play on...