jwbatchelor89

jwbatchelor89

Notice a lower high and a divergence on the SPX hourly chart. I've been watching the RSI for a while now and have noticed this pattern forming for weeks. Watch for another touch of the upper resistance on the RSI trend line and then back down making a new low. Should see 2720 for a bounce.

jwbatchelor89

As you can see, the volume is going down but the price is going up. This is a bearish formation. I'm expecting 2930 top and then back down.

jwbatchelor89

As you can see the rsi hit 80 on the 1 hr and faded hard end of day. Right now futures are tanking. Lets see if we make it back to the 2600 level and fall through or bounce back up. Rising wedge is a continuation pattern in a bear market. Let's see how this plays out.

jwbatchelor89

Hello all, This analysis is on the SPX weekly, this last trading week (2/24-2/28) was one of the bloodiest in the history of the stock market. Facts: -The drop is due to Corona virus fears and the economy slowing down as the world quarantines itself off. -The price difference tool indicates a -15.90% drop on the SPX if we measure from the very top at around...

jwbatchelor89 Updated 

As SPX approaches the previously un-violated overhead resistance trend-line (in green)...SPX seems to have bounced. This means that the overhead resistance is now acting as support. Of course there are always two scenarios (it will go up or it will go down), however, The breaks to either the upside or downside are significant in their interpretation. First, if...

jwbatchelor89

If RSI breaks 70 in the coming days this idea is invalidated. Look for the S&P to head down from here.

jwbatchelor89

Hello Everyone, This is my moon potential chart, and the trading plan for the coming weeks. If this plays out, expect huge breakout from 10500 area. -EGGB3RT-

jwbatchelor89

After looking at a lot of the charts on TV today I have noticed something others seem to have missed. See the green uptrend line that has been respected throughout this drop. It looks like a good bottoming formation. Higher lows... However, If the blue line breaks, strong selling will ensue. This is an opportunity for us. Set a market stop at 7645. Use 25X...

jwbatchelor89

You hear that? Shhhh quiet, it's the sound of RSI is trying to tell us something. What is it trying to saying though? As you can see on my chart, which is admittedly not as colorful as some others on TradingView, the green uptrend line represents overhead resistance which has been respected since 2018. If we draw a similar line on the RSI we notice what is...

jwbatchelor89

You hear that? Shhhh quiet, it's the sound of RSI is trying to tell us something. What is it trying to saying though? As you can see on my chart, which is admittedly not as colorful as some others on TradingView, the green uptrend line represents overhead resistance which has been respected since 2018. If we draw a similar line on the RSI we notice what is...

jwbatchelor89

This is a pretty simple idea, the blue uptrend line that was acting as support has now become resistance. This is going to correct down for a while.

jwbatchelor89

Currently retesting previous uptrend line. Will fail to break up and fall back down and test new lows. This is going below the open for the IPO.

jwbatchelor89

HI GUYS, prediction: the catalyst for wave 3 down will be Donald Trumps impeachment proceedings. Happy holidays!

jwbatchelor89

This is a log chart, I have used the 2013-2015 crash as a template for what might happen during this crash. First, I drew a horizontal line from the lowest point in the 2013-15 bear market which occurred at $162.00 on August 8, 2015 (minus the flash crash). This is from a high of $1167.30 that occurred on December 4, 2013. If we backtrack a bit more, we can see...

jwbatchelor89 Updated 

Here you can see some very interesting patterns that have emerged in the log BTC chart. Like clockwork, the BTC reversals in short term ups and downs have occured on the 6th of each month starting with the previous low of $6000k on 2/6. This is an interesting development and could be a solid indication of a reversal to the upside in the coming days. Watch the...

jwbatchelor89

At the end of the green wedge, or perhaps slightly before, BTC will have to make a decision. Very risky to take a position right now.

jwbatchelor89

I was messing around with the Andrew's Pitchfork a few weeks back and drew this chart. It's literally based on "Gump" luck but it's kinda freaking me out how accurate it was (At least on predicting the top of the true down trend channel). Keeping in kind, my next prediction is that BTC will bounce off the red median line at around 7850-7900. This is where I'm...

jwbatchelor89

Simple idea. If the red candle closes below the blue line, we are going to 5650.