DarkMessiah777

DarkMessiah777

Testing a local minimum on WALMEX. Price has been trending lower, however it recently hit a very strong down movement. It seems as if the candles that have come out recently indicate that this drop has momentarily stopped. It's important to stay looking at how candles develop to avoid catching a falling knife, but price could possibly reverse here until it hits...

DarkMessiah777

I've created my own model. For which I can see the current trend and trend formations. The mean returns indicator serves to observe the current trend in the past n days. It assumes that whenever mean returns is over 0 a long trend is occurring, while below 0 we are looking at a downtrend. This is the latest signal given by the program. Enjoy the signal, hope it's correct

DarkMessiah777

If you see previous trades in this account, you'll notice this strategy has never been used before. This strategy consists of new indicators I created through my own research and back tested it using Yahoo Finance Data. Today I finally coded the indicators into tradingview, however I will not be sharing the code. Basically, the indicator is reading the trend as...

DarkMessiah777

Unfortunately, I don't have enough time to thoroughly explain my charts. I do believe they are quite easy to read. Tesla fundamentally is a growth company, and are equity funded. That means it's unlikely they'll become insolvent, as their equity over compensates their liabilities. Brand is an intangible asset that Tesla has acquired through innovation and quality...

DarkMessiah777

This is my current outlook and what i see happening in the future. This is a long term hold.

DarkMessiah777

Unfortnatly yesterdays prediction didnt unfold as planed. However This doesnt change my perspective on the future of the compay. Im willing to double down based on its longer frame performance. This trade includes enough to cover the losses of the previous one and still gain a profit

DarkMessiah777

I havent published anything in some time. I've been focusing on developin my statistical and machine learning knowledge. However in a recent presentation I had to give a quick overview of tesla stock here is my short term forecast. This move shoudnt take more than a 10 days

DarkMessiah777

As interest rates rise in méxico, stockprices should be negatively afected termorarly. Meanwhile the market ajusts to this change. Although this shoudn't bring the Mexican economy to a halt, it's still offers the posibility of price moving lower, allowing for a purchase at a discounted price. This is a long term investment, hoping to get in at a lower value in...

DarkMessiah777 Updated 

After a strong rally to the upside it's hard to see price moving downward, afterall we've bean hearing a lot of possitive news througout the media. But as a trader aren't we supposed to be contrarians? Well after looking at how today ended It could be hypothesised that the stong move to the upside has calmed down since bulls failed to break through recisstance and...

DarkMessiah777

Although I strongly discourage the action of shorting in my personal strategy this doesn't keep me from speculating on the possible price fluctuation of the index. Viewing recent recessionary signals such as the inverted yield curve, raising tensions in the US-China relation as well as US-Mexican relations I've come to the conclusion that there might be something...

DarkMessiah777

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DarkMessiah777

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DarkMessiah777

Here is a scary thought for the average Mexican. With the leftist inclination of Mexican President Andres Manuel Lopez Obrador (AMLO), Mexico could near an inflation streak for the following months or years to come. Uncertainty has risen in Mexico about whether AMLO's leftist policies will mean the printing of money to pay for public services and goods or weather...

DarkMessiah777

After dropping from the current bull market Trump announced that we were only but experiencing a glitch in the market, suggesting the bull market will continue. However I disagree with that idea, although I do admit that the sentiment has become more bullish on the recent days I still stand bearish on the market. My reasoning being that the market had been...

DarkMessiah777

Given the new correction we're bound to find a bottom in the near future given that bear markets tend to last shorter than bull markers. However that doesn't mean the price is ready to stop dropping, perhaps given the over sold conditions will lead to a congestion in the price action but my belief is that we will see further price action to the downside. Merry...

DarkMessiah777

Given that the market pushed back down after going above the ressitance level Im now left to wait for price to drop or to rise. Now I'm only buying a small position given that price could continue to fall further. However if it does, I'd be buying a larger position which would compensate for the losses. The reaon why I still trade such a low R&R trade is to avoid...

DarkMessiah777

I don't wish to make a trade on the SPX I only analyse it in order to gain further knowledge of positions I have on stocks within the index. As seen the SPX retraced to a support even when there was strong momentum to the upside and also I could notice a divergence in momentum and price action with the RSI and MACD although I didn't include the RSI in the image...

DarkMessiah777

After the analysis made yesterday on the daily chart the price of google opened above it's previous resistance, this means the 1st trade is good to go, however as a good analyst one must always assume his position is wrong and look for further analysis to try and take cover from any unforsean threats. On this analysis I marked the significant support and resitance...