chart looks interesting. the 45 degree angle could be used as a stop loss.
10 years ago today the market started a move down that was 10% and lasted 20 days. this might seem insignificant but that was the biggest move down of that year. Below are some rules to this game as explained by gann. The stock market moves in 10-year cycles, which is worked out in 5-year cycles -- a 5-year cycle up and a 5 year cycle down. Rule 1: Bull or...
many signs point to aug 5th being an important bottom. be careful if you are a bear.
We are now 200 points and 20 months from oct 22 bottom.
apple is up 54 points in 54 days. be careful here as a sudden downturn can happen any moment.
7 points up in 7 weeks or 49 days. after going up 14 days. a move down into june is something to consider. this is not financial advise. do your own research. please dont follow my trades unless that is what you want to do. i dont want to be responsible for your success or failure. that is a heavy burden to carry which i am not ready for. my posts are...
very odd volume on very red candles. this is not financial advise.
been a while since i wrote anything here. had a new born and a lot of time has been devoted to spending time with him. i should be on more frequently now. 524 days from import bottom right as spy hits 524. 175 points up from important bottom or 1/3 of 524. 144 days from last bottom. 17 months from bottom and 175 points up. all this happened right at the...
something to consider..... 90 weeks down 90 weeks up 90 degrees down 90 degrees up. if you go from the low of march 23 2020 - 218 points 218+90+90+90 = 488.....
There are a lot of warning signs. Very good chances for 10% or more down. Here is my reasoning: The 1x2 angle on weekly got rejected. yesterday it went over. today it will open under. very often you seen this during rejection of angles. a gap and go would be the bullish equivalent. In 2017/18, stocks rallied strongly from Oct ’17 into Jan ’18. In 2019/20,...
beware the doom and gloom. market has a tendency to go up during election years.resistance around 485.
Hello, i expect a bullish year with yearly gains at 17%. like with previous year forecast... watch for inverse.
very interesting setup here with volume coming and a bottom hit exactly 52 weeks from top.
50 points down. 50 days later is today. unable to hold angle. watch out for a short term move down.
The stockings were hung by the chimney with care, In hopes that St. Nicholas soon would be there; Hello Everyone, Currently at the 1/8 price/time which acted as resistance the last move up is now acting as support. dec 12 would mark the halfway point of 46 days from the previous move of 92 days. not financial advice. im not a professional advisor. just an...
46 point in 92 days from high of 460. recommended buy with next important top expected in mid feb.
Dear Fellow Traders, I would like to highlight some noteworthy developments in the recent S&P 500 chart analysis: Observation of a Potential Double Bottom: Notably, the dates of September 29th and October 10th marked a double bottom pattern on the chart exactly a year ago. We find ourselves within this time frame once again. Key Retracement Level and Market...
interesting chart for long positions. something to consider.