Lynxys

Lynxys Updated 

I multiplied the less risky Dow and Spy while dividing it with a multiple of bio, the Russel and Ark. This shows a clear shooting star candle in development this month which should signal much greater future gains in higher risk stocks and an end to this pullback in the market. You can see that we had nice rallies the last two times that this has happened on...

Lynxys Updated 

Who says you can't chart 3X leverage? Got a nice down channel here and about to hit the bottom of the channel. 4.20 at the end of next week would be a nice price. That would be over a 96% drop from the top. Interestingly, the previous peaks in Nov 2018 and Feb 2014 dropped just over 96% before touching the channel bottom. Could overshoot below since it...

Lynxys Updated 

As they say, "When you don't know what to do, just copy Burry." He bought at a much higher price than where we are at now and it's at this long term support line, so it seems like a good spot to buy. I got in at $55.40 and I have two targets, a 10% gain that is around where Burry's average is from last quarter and my ideal target between $65-68. Stop is a...

Lynxys

I’m honestly not sure what to think of this chart and it is concerning me. I was playing around with TLT and MOVE (a kind VIX for bonds) and I noticed that multiplying them together created these extended spikes that have correlated with market crashes in the past. We only have the two crashes to go buy, so this method hasn’t been tested enough to be that...

Lynxys Updated 

I multiplied SPY, DOW, Nasdaq and TLT together to get a broad picture of the state of the US market and have noticed this channel here. We are now at a critical bounce area established by the covid bottom and 08 bottom. If it doesn't hold this, then to me it would be safe to assume that this decade long trend is over and it will be reshaped into a new trend...

Lynxys Updated 

It’s the hard block life for us. It’s the hard block life for us! ‘Stead of breakouts, We get bricked! ‘Stead of growing, We get grift! It’s the hard block life! It has been a tough week for crypto, so I have been meditating upon my 3D-Printed Shiba Inu Statue and this revelation of a 3-year exit plan came to me. It will provide me a reminder of the common...

Lynxys Updated 

Tesla has hit the big H&S neckline today and is already resisting as I race to prepare this chart. I exited my Tesla trade picked up at 111.77 too soon, clearly , and am very butt hurt about it. Oh well. My fortune cookie this morning said, "The circus is in town, but one will find that it leaves just as fast as it arrives." I'm bullish Tesla long term, but...

Lynxys Updated 

Here's a trade setup I've been waiting for to get ripe for a while. ZIM: the dividend IPO pump n dump darling. It has some ridiculous fundamentals with currently a book/share of 48.4 and a cash/share of 26.12 along with a crazy 166% dividend: finviz.com It has been following this linear regression trend on the way down, just as well as on the way up. And now it...

Lynxys

If the handle resistance is broken, it could have a nice rally up to at least $77. Lots of wedge bottoms forming too which makes this set up even more bullish in my opinion. However, the indicators look high on the 4 hour, so they might need to "recharge" before a breakout happens.

Lynxys Updated 

Are we really doing this again? There's good news and bad news but also potentially even better news! I charted the recent down pattern of bitcoin to Wyckoff and have once again found a matching pattern to the Accumulation Cycle. You can see these accumulation phases in blue. I then noticed that the larger pattern could be a Wyckoff Distribution Cycle and...

Lynxys

Yield's are tapping the top of this downtrend established since 1981 while the monthly RSI is at the most overbought levels we've ever seen. Also we can see that the yields are above the 144 monthly moving average that typically acts as resistance. There is still a possibility at this rate, with how crazy this market is, that it could blow out of this channel...

Lynxys

Soon it might be a good time to buy TLT or TMF. The top for bond yields looks near to me as it gets close to this channel top. A good confirmation for a pullback would be to watch for a break in the stoch support. You could argue that it is also making a megaphone pattern with the support at 2.6% and the resistance at the channel top. I looked into this pattern...

Lynxys

Using the regression trend and adjusting for dividends shows a nice tend for ZIM and good entries at the bottom of the trend. I would keep a 5% stop below the regression trend to be cautious of a trend change. You can also see the 144 daily EMA (bright purple) as potential support at the same time. The steep peak with the MACD shows me that a tank like this is...

Lynxys Updated 

A multiple of some of the most popular crypto selections shows that we are now on support, which has previously caused a large rally in the crypto market. A great spot to make an entry imo.

Lynxys

This fractal is something I noticed back in Sept and at the time I just found the coincidence funny and didn't take it too seriously, I wish I had though, because it would have been a great short! Basically I took the rally starting from the bottom in Mar 2020 and then flipped it upside down and moved it over so now the peak in Feb 2021 is the current bottom. It...

Lynxys

BITF could be retesting the breakout right now and then rally higher. I'm keeping an eye on the orange line and the horizontal support at 3.63 as an ideal safer entry. Some other bullish looks are the curving hourly moving averages. As a trade, I can see a tight stop under 3.63 depending on risk tolerance would make this an appealing trade. Just be careful to...

Lynxys

If it breaks this line in the next couple weeks, it could spell the end of any potential fast recovery of the ARKs and could take almost a decade to even return to these current prices. Also would mean to me that the overall market will be going into a depression, so you won't have much fun in BTC, NDX or SPY either. There is still a possibility of a V recovery...

Lynxys Updated 

I bought NAIL in the pullback this morning as I believe this is a retest of the breakout in the downtrend. The daily indicators also look strong right now. I'm keeping a stop just below the previous lows at 62.94 since if this is a bull trend now, it shouldn't break that support. I believe around a 30% gain is possible in this breakout if you can be patient. Good luck!