I expect to see stocks make their next leg down and soon. Month of April 2020 if not in the next 2 weeks. Targets are the boxes. I think we'll hit the at least top two orange ones. Target 1: 18169. A retest of lows. Target 2: Fresh low. Dow 14,708 This is my target for a (dead cat?) bounce. Based on the data, currently available, I would put some money on...
BTC/USD looks posed to make another move lower. $3850-4000 was the bottom two weeks ago. Expect to see this level again.
I'm very bullish on GOLD and SILVER for 2020 and beyond, but first the price is about to move down. Dollar is going to get stronger, despite QE4. Price target ranges are the orange boxes. A price of $1100 would be an amazing buying opportunity. From there - see my previous analysis with a price target of $3k
Long term, I'm very bullish on SILVER. Short term, however, the price may decline down to the high $10s. If this happens, this will be a great buying opportunity. The price could also remain around current support of $14.20 In either case, however. we could see a reversal/transition into the next wave up that takes the price to at least $70 by end of May...
Correction time! Stocks are fucked. See you at 24k then 21k and probably 15k
Fiat currency's days are coming to an end. Expect to see Gold at $2835 minimum. More likely hitting $4449 and even $7138 by the end of Trump's second term. BUY
www.RefiwithJustin.com if you own a home in Colorado or Texas! Monthly view of the 10 year yield here. Yield touched current levels in 2012 in anticipation of QE3. Again in June 2016 over Brexit. 3rd time in August/September of trade war. 4th - Coronavirus? I would bet this is this what initiates the break down. 10 yr around 1% or lower coming soon?
My previous version of this chart had a US/China trade "deal" leading to higher rates. This happened. However, the China virus out break has shocked the market and many are doubting China's ability to meet trade obligations. Plus, this virus is scary as hell. I mean, flu with modified HIV like? Is this weaponized Flu aids? Glad I'm in the middle of the US.
Curious that the SP500 is exactly at the 2.618 advancement line when measured from the pre 2009 crash to the bottom. This method is useful in predicting market tops on the next cycle. The next major fib resistance level is nearly 4000 so I would expect a pull back from here. Might not be at this EXACT moment, but around here will do.
By looking at the weekly and applying a Fibonacci measured from the pre-2008 crash into the 2009 low, we can create future price targets. Isn't math neat? ;) You can see the 1.618 level held as strong resistance before finally breaking through upon Trump's sweeping electoral victory. The next target is 2.618 or roughly 3040. Indicators are bullish and prices...
This is the non-video idea version of this idea. AAPL is at the top of a wedge and we should see either a break out or rejection next week. Indicators suggest a bullish bias to break out from the wedge and begin making a run to $212 to $234. From there, the price will either top top and retrace, or begin marching on to $290. Buying calls with a few puts...
This is an update to previous ideas charted at New Years 2019. The 10 year yield has been following the path of lower yields in a lock step fashion, however the pace of declining yields is concerning. The 3 day looks like Niagara Falls Where do we go from here? Currently, the 10 yr yield is in the middle of the 1 (1.32%) and .786 (1.734%) retrenchment...
Pretty self explanitory chart here. What do you think happens from here? With alts finally at the bottom/capitulation. Time to rally hard in the <month before many coins get "banned" to US traders? Who knows. But I think it's pretty obvious BTC dominance is going to decline from, like HERE.
Sort of an update to my previous video charts. See related ideas. BTC is still a short term bearish decline. If the April 1 through end of June pump was the top of wave 1, then we are currently in wave 2. Wave 2 can extend anywhere between mid August and mid September. Supporting evidence: The greatest evidence is the breaking of trend lines. You can see...
EDOUSD looks poised for a break out on the 4 hour chart. Price is being squeezed between a trend line resistance and Gann fan support with multiple bullish indicators.
BTC Dominance is in a very slow decline. I expect the level to drop to 66 and from there it could drop further to 63 or make a run back to 70 or even 80. Decision point expected around August 10th - say +/- a week If you find this idea helpful, please leave a like!
Spike over the last couple days due to tether printing. Interesting how tether always prints and the price moves up whenever Bitfinex is in trouble. i.e. new NYAG revelations come out. Still shorting to the .618 retracement. Aka 7200. 13,800 top of wave 1. In wave 2 now.
If you've found this helpful, please leave a like and subscribe. Do you agree or disagree? I would love to hear your thoughts in the comments! We've broken two trend lines and the price currently finds support at .382 7200 represents the .618 retrace line and hence, the basis for my target. BTC.D (Bitcoin Dominance) is waning and alt coins are seeing those...