code_a_r

code_a_r Updated 

Just had an idea, since we got rejected at the 89 ema, and we're in this descending broadening wedge $55 could be a possible technical target. The blue line is just my approximation of what the 89 ema might do.

code_a_r

small relief pump in to potential massive dump. this is part 2 of my original Idea I guess.

code_a_r Updated 

ES is in a descending triangle inside the larger bearish broadening wedge. This triangle range could play out until Friday before we see a breakout, but I am expecting a breakout, and subsequent retest of the bearish wedge soon.

code_a_r

It looks like a bear flag is playing out + the rest of the market is dumping. $90 is the measured move based of the flagpole of the bear flag.

code_a_r Updated 

RISING WEDGE + SHM OVERHEAT. Market should cool off and retest the green box. If we fail the retest at the green box... that will be bad.

code_a_r

just check it out. Felt like looking at longer timeframes today and yeah... just something I came up with. This kind of also makes sense based on the massive decades long wedge we broke out of.

code_a_r

Eth broke major resistance and got rejected at the 89 EMA. Not much else to explain look at the channel since June.

code_a_r Updated 

Apple will fill the gaps now that it is breaking down from the ascending wedge. Wait for new PA at around $160.

code_a_r

I think we will crab here until the next FOMC meeting. The band is my personal script and it's basically the 89 ema (orange line) and it's standard deviations. Whenever we lose the 89 ema support we dump.

code_a_r

SPX is in an ascending triangle as well. This upcoming retest of $160 ($4000 on spx) will decide if the last local bottom was actually the bottom.

code_a_r

I'm thinking money should move to BTC out of alts now that markets are looking more risky and traditional markets have topped.

code_a_r

I'm bearish for the rest of this year most likely, so this is an extremely biased analysis. We basically visit the "grey" part every bear market.

code_a_r Updated 

We could have a possible breakdown of this rising wedge. I don't think we're in a bull market yet. Last month's relief rally is probably in it's final legs. Bulls better HOPE we hold the green box level after we break down.

code_a_r

In the last week we resisted breaking out of of the strong downward trend (orange lines) we've been in for the past few months. Although very close, the bulls are running out of steam and seems like they've failed Lots of big companies are slowing down hiring and/or laying off workers, which has impacted their stock prices. Social media advertising took a huge hit...

code_a_r Updated 

possible buy zone?