Hello Again fellow traders, a sideways / downward move is to be expected lasting 30-45 days. 5-7% would be ideal but nothing is promised. i still think it is a bull market and will be for some time. my suggestion would be to wait to buy the dip rather than try to catch the move down. the trend is your friend... great time for a vacation ;-)
a gap above the 45 degree would be a good sign of a bull market. (white line) remember bull markets are slow and dull. sitting tight is the key to making real money.
We are approaching a very important time in the market. a very decisive time which will dictate how the rest of the year will look like. as the two 45-degree angles now have the price trapped within a wedge pattern for a decent amount of time---- (thick white lines from covid bottom being one going upwards and the other is 2022 jan top going downwards.) this...
expecting a longer term bottom this week that should bring about a bull campaign for multiple months. my play is longer term call options into June. not financial advice.
the market will be coming up on the 3 year anniversary of the covid top while at the same time approaching the weekly 45 degree (white diagonal line). meaning 60 points down in 60 weeks. this line can be used as a nice geometric indicator of bear/ bull. above = bullish, below = bears. very simple. very clean. i do believe a new longer term bull market has...
Hello everyone. today i am going to publish my first yearly forecast. keep in mind this is an overview and larger picture. i wouldn't recommend timing smaller term moves using this chart. take it for what it is worth. with that said, i expect this year to be bullish. even a potential visit of old highs before the end of the year. between the stimulus checks...
it is my opinion that tesla bottoms today. it is my suggestion to buy the dip.
Watch around Dec 13 for a bottom. A new bull market is here. 200%-400% returns are possible before the next move down (most likely war will be the reason).
"There is nothing in the Universe but mathematical points of force" - Faraday don't be surprised to see a bottom.
It is my opinion that some form of a top is here. i have closed my calls..... even if we don't sell off and just go sideways; i don't think we will see higher all of dec. which means no santa rally this year. the bullish run should continue very early jan (jan 4 maybe) 2023. as an overview. i do think the bear market is over. i do think the bull market will...
watch for a reversal here to the long side. 130 points in 130 weeks. price and time are equal on a weekly basis. the 45-degree angle can be used as a stop loss since a move below will indicate much lower prices.
i am thinking this might be the bottom of the short term move down. currently thinking 9/15 ish might be a big and important top. sept / oct a 66% retracement from jan top to june bottom would be ideal.
Hello, Projected to see a short-term peak around 8-1 to 8-5. My current thinking is most likely 8-5 since it will be 210 degrees from jan 4 top and earth and uranus square. this combination has been very reliable in predicting a 7 day sell off in the past and i think the same is going to happen. the major peak is still expected for sept / oct. recap. watch 8-1...
Hello, today I want to talk about a very important concept about predicting future moves. We will use Feb 19, 2020 to March 23 2020 as the example. the price went down 119-120 points. Now if you take 119-120 days/weeks/months/ years, you will see an important time frame to watch for trend reversal. the longer the time frame the more important the trend...
i would suggest watching ~360 as an area for a bounce. 1) it is an important weekly angle. 2) we are coming up on 7 months down. 7 being an important time frame. 3) we have retraced 175% of the initial wave down. 4) hardly do you ever see market go down into an election. 5) mercury crossing americas midheaven. jupiter and neptune in conjunction. 6) fear is...
Interesting chart. A hold from the 45 degree of previous bottom would make this a bullish chart.
tsla has held the 50% retracement from all time lows to all time highs. that is bullish . test hit the 45 degree angle from 2020 bottom and found support. bias disclosure. i am long.