kcabral

kcabral

I'm exploring the idea of fractals of higher degrees repeating themselves at smaller time scales. This is something I've done before that helped me identify the Bitcoin flash crash a few years back. In this experiment, I'm overlaying the SPX 2003-2010 market rise and decline against the market rise from March 23rd 2020. I noticed that the price movements and...

kcabral

The inverse TVIX/VXX pair shows the appetite for risk and conviction that the market will either rise or decline. When the graph goes up, the market is bullish. When it goes down we are bearish. We are have tested the downward trendline 7 times now but have rejected it each time. Is this a sign that the appetite to go to new highs is vanishing? We are also in an...

kcabral

NDX may break above the wedge and into long term resistance. If it goes above 8450 (can't be longer than wave 3 in the wedge) then it will accelerate to the upside; otherwise, it will crash to he Dec 2018 lows.

kcabral

The SPX may briefly break above the diagonal wedge and hit multiple long term resistance areas. The SPX can't go above 3118 (the length of wave 3 in the triangle) or it will quickly accelerate upwards to new highs. The market could then quickly retrace the origin of the entire 5 wave wedge, which is 2365. This would be a 25% decline in the markets. A ...

kcabral

The SPX is bouncing into retracement resistance from the Oct Peak and bumping agasint a 10 year long trend line. In terms of timing, we are about to hit time/price inflection point sometime on March 1st. One of two things happen when we hit an inflection point, we either explode upwards or collapse downwards. Time to see our grand move.

kcabral

This is a good time to buy stocks with low risk but you'll likely only want to hold on to them until Mid November. Then take some profits. If the market dips below the red zone, then start looking to get into cash positions.

kcabral

BitCoin is chipping away at upward support channel. There is a risk of decline to the ideal target of $4200 zone.

kcabral Updated 

Apple is hitting upward fib channel resistance that typically sees corrections when APPL hits it. A good chance it dips from here. Take profiles and look for a better price to re-enter.

kcabral

We collided with the fib down channel and the 0.618 retracement. We could see some correction here. Will it build momentum to the downside as it establishes a wave 3 down? If it breaks the green down channel then we may start moving to new highs.

kcabral

Is there a market top here. The waves from 2016 may be over. At this point it's high risk to enter the market. We could see a big wave down. A bounce back up over the weeks and then into support. We'll see.

kcabral

ADBE - Small bounce back to the uppder 250's then back to significant support around around 233

kcabral

ADBE - 262 Target in the next few days before we consolidate and correct for a while. If we blow past 262, then 280 is the target.

kcabral

Market with either melt up or put in a short term top that will last days or a few weeks.

kcabral

BTCUSD - Ideal Target Before The Carnage Stops is 5,300 to 5,650

kcabral

Based on analysis that helped me predict the flash crash in BitCoin, I see a market top coming August 1st to Oct 15th range. This puts SPX in the range of 3025 to 3250 before it corrects. The price should follow the trend line down into highlighted support zone.

kcabral Updated 

We are about to hit long term overhead resistance at 195 to 196. We'll likely need to back off soon before moving to 200.

kcabral

ADBE - Target of 209 with retrace to fill todays gap

kcabral Updated 

BTC - Bumping into Heavy upward Resistance. Then should correct into the Ideal target range below. It could take a couple weeks.