thebullshark

thebullshark Updated 

The 3 Peaks & Domed House is a 28 point pattern spanning months... This is a remake of a post I made way before I had a handle on the very complex nature of the subject. My main objective is to simply have a record of idea. I have been studying the concept with the research of Thomas Bulkowski - thepatternsite.com There is a lot of subjective interpretation...

thebullshark

Somewhat self explanatory... Not trading advice... Just my reality! Sometimes you just have to grin, and bear it! ;)

thebullshark Updated 

After all the work to put this together, there are some fatal flaws to the fit! So possibly not worth a lot... but for posterity lets see where it goes!

thebullshark

-SETUP- UPPER CHART: 6E1! - EUR/USD Futures (1D) - 50 Ema (purple) - Jurik-Filtered, Gann HiLo Activator [Loxx} (green/red) LOWER CHART: DXY - US Dollar Index (1D) (*Inverse) - 50 Ema (purple) - Jurik-Filtered, Gann HiLo Activator [Loxx} (red/green) From a quick glance at the two charts, it might appear that the bottom chart is simply the same as the top...

thebullshark

There is currently a race on for the development of viral pharma (re-engineering virus' to benefit humanity, specifically in this case to defeat cancer) There are several players, but GSK is one of the biggest and in the lead... The preliminary results do sound interesting!

thebullshark

Possible Bull and Bear scenarios to finish out the spectacular year 2022 has been... What do you think? Bull, Bear, or Neither? (Both... Unlikely :)

thebullshark

Self explanatory... measured move to the height of the steam. i.e. Could return to 21. One to watch... Problem is every time I do, I get the munchies!

thebullshark

Although widely considered a Cannabis play, IMO the hobby indoor garden space has big potential. From a source of food to a source of Zen... Plants, regardless of their level of cannabinoids, can be very beneficial. Almost akin to pets. Fostering health and physical well being. Even providing for psychological needs, like being a provider, accomplishment, even...

thebullshark

There might be a better way to do this but... I wanted to be reminded to check a stock on a certain day, and couldn't figure out how! Let me explain. While doing research on VALUE stocks... Fundamentally Underpriced equities. i.e. Not TSLA! :D ABBV caught my attention... A quick review, showed that it has earnings coming up on Monday the 29th of March. Further...

thebullshark

Self explanatory... (Steam = measured move!) Disclaimer: Alternative TA dont guarantee Sh*t! :D

thebullshark

The potential for this pattern to play out will be highly correlated to many things... Among the most important: 1. US$ (DXY) - Potential for radical moves due to stimulus 2. Other Alternative Investments (BTC) Sentiment 3. Fear - Trustworthiness of Paper Gold 4. Manipulation rumors Possible Pattern Plays: Entry - $160 Exit - $260 Move $100 (62.5%) Note: ...

thebullshark

A Comparison of the Present to the Past... This is not a call, prediction, wish or plan! If Monday the 22rd of Feb 2021 was Monday the 24th of Feb 2020... The S&P opened at the prior close, and without rising dropped ~125 pts over the day. The Grey dashed line. The current topping pattern's measured move is the Blue dashed line. The Orange dotted line is the...

thebullshark

www.youtube.com High up in a tree the market (Snake - Kaa) offers a false sense of security to lure the unsuspecting victims in, promising gains, saying 'Trust in Me'... Mogli (Market Makers) push the market out of the tree, sending it crashing to the ground & slinking off broken! There is actually quite a profound metaphor here... With about a 50% chance of...

thebullshark

HOW IT COULD HAPPEN... All the bears jump on this Dip (The Handle) Decent earnings news causes a reversal. SPX returns to ~3530 next week... Sure the end is Nigh! The never-bulls hold! Pelosi relents or is removed as Speaker Stimulus is approved! Panicked bears flee for the exits! Cup & Handle pattern plays out, to $3700+ A Contrarian POV ;)

thebullshark Updated 

Here are a couple reasons I think short is wrong... but not for long! T.A. from the Present, compared to the past, to offer incite to future... There is a striking similarity in Performance & Indicators between Points: 1a - 27 Jan & Point 2a - 4 Sept On SPY Daily... Some additional indicators seemingly in agreement Likely many people...

thebullshark

An UP move can be relatively safely played as just in the descending wedge are the Support: Channel Bottom & 3300 Stops: Placed just below there in case it goes down. Note: Inv H&S 14th. Bounces around support & resistance but ends higher... 15th. Shorts panic and it ascends into channel 0.5 line 16th. Bulltards rejoice and it soars to 3600 17th. DOOM :D

thebullshark

Here's some 'ammo' for ya'll... The combination of the MACD (with Histogram hidden) and the Awesome Oscillator makes for a pretty cool tool! I am a longtime Mac user ;)

thebullshark

Over the next few days, back and forth action is expected, in a mildly downwards direction. Possible scalps but risky due to current sentiment. Within 1-2 weeks look for one last, 'single-day pop' for a new weekly high, in the 210.20 region. Taking a short position with a Stop if price closes above 211 has relatively low risk. Strong upside movement in the...