SLOPolarBear

SLOPolarBear

Target in chart. Keep and eye on rotation out of gold into crypto or other. Gold is losing it luster among younger investors. Digital property is making waves right now.

SLOPolarBear

Really nice inverse head & shoulders pattern developing here. Keep an eye on the neckline. Cheers. www.investopedia.com

SLOPolarBear Updated 

Now thru April (possibly May!) my price targets are red. Blue dashes paint the long term trend. We're priced in for 10 years right now. That's going to create volatility between 60k and 45k in the near term. Long term, I expect a pullback to $3900. We've had momentum support (broadening rays) without horizontal support since the first market. Pretty common for...

SLOPolarBear

Broadening ranges are printing a Half Dome. We know how this plays out.

SLOPolarBear

When this thing finally implodes I suspect we'll see a return to $439. Very possible market will demand price return lower than $1. This is a savings account that everyone is dumping their money into as a collective. The problem is, any member of this collective can empty the savings account rapidly diminishing the 'value' (appreciation) in the process. Perfect...

SLOPolarBear Updated 

This is what he means. One currency to rule them all. It won't be BTC. But I would not be surprised to see a USD blockchain variant becoming the universal denomination globally. Greenbacks are everywhere. It's the reserve currency of choice, above silver and gold, and bitcoin.

SLOPolarBear Updated 

Bearish cypher. Accum/dist confirms. Down we go. Market makers are going to shake bears and bulls.

SLOPolarBear Updated 

See chart. Nice Wyckoff spring and markup. The consolidation wave may take until May to wrap. Start hunting quality entries.

SLOPolarBear Updated 

Features a 4.2% dividend with annual yield avg ~12%. This is a nice stock to keep in income portfolio. It doesn't get discounted that often. Looking for a reversal on the monthly. $36-40.

SLOPolarBear

This is what I see. Post your thoughts and charts below. A retest of 4100 before exploring lower lows seems evident before we look below 3500.

SLOPolarBear Updated 

The market made a really nice broadening wedge Friday, but we're at major resistance. The market needs to pull back here to cool off and bring more buyers in. VXX is printing hollow red weekly candles which means she's about the blow up again. She's been primed and ready for a breakout for the past two weeks.

SLOPolarBear Updated 

Calling the bounce at 3776. Short thru tomorrow. Probably not holding shorts thru Thur. Way too many catalysts.

SLOPolarBear Updated 

We're at the 50% retracement for the quarterly candle. That was to be expected given we printed an outside year candle. Bulls are currently fighting prior resistance levels. I'm quite bearish until we break above the previous swing high 4200.

SLOPolarBear Updated 

Time frame continuity with 15m, hourly, and daily. We're playing inside monthly and quarterly. For now, expecting a pullback to 390 to complete the broadening formation that started Friday. If it finds support there, a quick trip back up to 400 to re-test and print higher highs. If this structure breaks down quickly, expect a quick movement to the low side (green...

SLOPolarBear

Prediction for Tuesday, July 26. The larger the buyer bracket we get on that lower support beam the greater chance of breaking up and out. If it's a quick single-bar bounce, watch for a quick drawdown.

SLOPolarBear Updated 

That last bottom in the current broadening formation gives me pause.

SLOPolarBear

Definitely, a mix of readings on all chart time frames today. Could swing either way tomorrow. Hopefully, we get a clear bearish/bullish breakout. Daily and weekly traders are up at bat to push SPY up and out of the inside bar. I'll be playing this one tight.

SLOPolarBear

Nice reversal candle at exhaustion low of broadening wedge close Friday. First three targets are in play starting Monday. This plays right into the analysis of ES/SPY.