efficientLion84395

efficientLion84395

I posted a month ago how the NDX was following its own 2008 GFC trend and now so is the S&P. If we assume these trends hold then expect the S&P to capitulate around 3400 sometime in August. After that, the bear market will be over for this index. Keep in mind we are facing a very different set of macro-level events, so it could easily break from this, and if it...

efficientLion84395 Updated 

If this continues then expect a tiny relief rally but mostly a consolidation pahse this summer and then sometime between mid-Sept to mid-Oct expect the bull run to start if and only if the Fed reverses course otherwise this fails.

efficientLion84395

It's been a rough week. I posted today that BTC bottom is likely not yet in so here is another chart to support that the bottom might not be in just yet although it might feel like it. SPX needs to hit the 200W MA. I hope/expect a small rally here soon and that we reach capitulation within the next 4-5 weeks. But it's all going to hinge on news and sentiment from...

efficientLion84395

Based on previous crashes the BTC RSI has more room to the downside. We are nearing capitulation but don't think we are there yet. I'm taking my cue from the Fed more so than TA at this point as this crash is incredibly unique but hopefully this little bit of TA proves useful

efficientLion84395 Updated 

The last 3 times ADA has hit 70 Stoch RSI and dipped back down on the daily chart - like it is today - it has exploded to the upside in days after. Keep an eye on it but ADA might just be ready to hit 1.30-1.50 range again.

efficientLion84395

See Chart for details

efficientLion84395

See Chart