DJI: It doesn't get simpler than thisThe DJI has been reinflated from after the COVID crash, by 'cheap' money coming out of reckless monetary and fiscal policy.
The value of the market has been over-inflated by some 15 times its true value.
Fundamentals are almost never seen in charts like these - which only show 'price' (not value).
A man-made 'virus' called war, looms. Not to mention - which is to mention - that the FED who have propped up this market (and others) is in big trouble.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Crash!!!!!
BTCUSD - Global Economic CollapseThe Great Reset Is coming swiftly manage your risk accordingly by exiting every market.
People have been disillusioned that in the event of a black swan BTC will not follow traditional markets yet looking back at March 2020 you will see.
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The Market is Living on the Edge!A head and shoulders is either built right now on the S&P 500 weekly chart, or it is going to begin building the other shoulder now. Be watching for this new level to be the neckline and then $4500 being the next shoulder. The S&P is held up by the larger weighted stocks and many have sold off for quite some time. Some are down 20-40% already.
Global Markets Are Going To Collapse.It's finished. we see bullish signs but it is not enough the world is upside down and so will the markets be once they catch up to reality.
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BTCUSDT: Ready for a shockwave Hello traders!
I was under pressure from buyers and I kept listening that BTC will jump and they don't want me to say BTC will fall. But the final analysis is here, I never take decisions according to my perception but I take decisions according to my methods which are derived from the Natural behavior of the graph.
My three-step formation method is completed and it's clear that the market will not break the previous 45850 high and it will go back to 34500. BTC is also forming a reversal pattern above the S/R level and it will push the price downside. This will not be a sudden dump. It will keep forming correction patterns and will break its downside.
Normally the third step never forms very far from the second formation but this time we can see BTC was pumped and it is now exhausted.
I am expecting BTC to touch 34450 price and there is also an untested broken S/R level that should be tested before any mega pump. The drop is about 21-22% depreciation from the current price.
I will update the chart on Saturday I will also keep rechecking my analysis multiple times before the update.
Thanks for your support and likes and also support this idea with your likes and follow to stay connected.
Crash averted! Atleast for now!Nifty touched some very important support lines today and after going down in the wee morning it bounced back and bounced back hard yo! Most importantly it gave a closing of a very respectable level. All the data for now like Inflation Data, Ukrainian War seems, has been absorbed right now. So instead of getting absorbed by the global factors lets just stick to facts in order of their effectiveness-
1. Oil. The bull run in oil although seems to be "supply chain" issues there is a much broader thing at play here. With even U.S asking Venezuelan oil for their own country. If the oil prices continue rising like this The govt will have to intervene and regulate the price in order to help the economy. It would definitely be preceded with a dip in the market and then reversed upon the news factor.
2. Precious Metal: The most important metal for now to keep your eyes is Gold. There already is sustained bullishness on the charts for gold If it manages To break out then we are surely in for a reversal of Cha-ching into metals and commodities. Gold is inversely proportional to the stock market. If gold starts performing then its bye bye to the gravy train the incessant bull market that has been for so much time. Overvalued companies and IPO
s of companies that are yet to list their first Quarterly Profit. Valuation would be the key. Buying the dip would just be stupid in this case, as the dip would just keep dipping and the more it dips the more fearful people would be.
3. All eyes on LIC. its very important if the shares of such an important company get listed at discount or dumps or rises, as it not only would reflect the faith of the Institutional Investors both domestic and international but would be a great forecast of the upcoming market and its direction. LIC would decide if the music is about to slow down or just stop.
And if the music does decide to stop so to speak, we may see spike in Gold, Spike in housing prices (residential) realty sector, Mining companies, and food processing companies. But not before a Frightful Red dip in the market where seeing nifty going to -20-30% would be the 'new' normal. Interest rates and banking decisions would further propel the market towards value. Buying on dips would be good for gold in such a case. Or Platinum. Or Silver. Or anything but stocks.
Global market crash?🚨 FED have announced an emergency meeting to take place today at 11am 🚨
As i have been saying for a few months now the macro economics are all leading to a massive fall across all financial markets, Russia and Ukrain tensions are rising - its about to get real messy guys📉 - huge opportunity for massive gains. We have a plan and we will stick to it. Remember historically after global market crashes this is the best time to create wealth by buying low, this is why all the big investors are sitting on cash right now.
We are holding heavy shorts on BTC and ETH and looking for more short entries on ALTS - we have currently sold out SPOT ALT holdings during the recent market bounce. Regarding US30 we are waiting for a retracement potentially into this 4H supply to form a new LH to look at compounding our shorts.
Hold on to your seats its about to get real messy
Ticker: XOM - 2/14/22 - 4 Hour Ticker: XOM - 2/14/22 - 4 Hour
🟢 Safe Entry Confirmation: 80.21 Break, retest and hold of structure with momentum
🟡 Scalp Target:80.32, 80.50
🔴 Daytrade Target: 80.60
🟣 Swing Target:80.80
💀STOP LOSS/Trigger for puts: 80.00
📝 IDEAL CONTRACTS:
RISKY DAYTRADE: 82 XOM 02/18 (Mental SL)
MEDIUM RISK SWING: 80 XOM 02/25 (30% SL)
GAMBLE: 85 XOM 02/18 SQ P 1/14 (SIZE FOR 0)
💡Notes: Falling wedge hold above the 50 moving average (red). Volume at the bottom is increasing bar after bar. Liquidity secured from downside + BOS. Looking for continuation if price can hold 80.21 with sos (signs of strength). Puts break through 80 with momentum to grey key levels.
Whale(s) just shorted Bitcoin at $36k, $29k next?Greetings on a grey Sunday here in the UK...(plz thumbs up and follow)
watching the markets and just saw a huge amount of shorts opened up at around $36k
expect a push towards lower prices, it's possible we could break the lows earlier in the week but honestly $29k seems to be the target using my spider-sense, I'd keep some liquidity spare just in case, its going to crush the whole market if it does and tour looking to DCA if you're in the hodl game
other indicators show a bullish outlook but could be a massive trap so I'm hesitant and going where the big money wants it to go
So pretty bearish outlook, but i never like to bet against bitcoin, use proper management if you do
tonight when markets open will give a good indicator to the week ahead hopefully and monday morning/afternoon im expecting a few fireworks either way towards $29k or a pretty solid rally back towards $40k
have a great weekend, dont forget to comment and thumbs up/share my charts if you think they can help people !
The Bigger Picture on the US100 Hey guys, If you have seen my most recent posts you wont be surprise to see I'm bearish on the markets and have been for some time. With market valuations out of whack, Ungodly like debt in Government, cooperate, and leverage used by traders, 40% of all the US currency printed in 2020-2021 but production at an all time low causing inflation we haven't seen since the 80s and i feel will get even worse and lastly The Fed having to stop its purchases and tighten policy with interest rate hiking probably faster then the market was pricing in. This is a giant bubble with some gaint problems they will send it falling at least in my estimate 40% but trend is even further at 57%. Obviously I dont think it will sink like a rock there and we will have some rebounds but as the fed keeps tightening and i think its safe to assume funds and firms will go bust they will send it back down further and further. Although this is gloomy I don't think its financial collapse, once inflation is taking care of and the excesses of finance have been washed away they market will be set for another massive decade long bull market with growth prospects for the world coming from India, Australia, Mexico and all over Africa.
My plan for this year and next is to watch the FED on interest rate hikes and statements and also inflation numbers, Watch Silver/gold this usually head south first and recover first and when the market starts the recover gold/silver will skyrocket to the moon. and Watch debt levels for both Governments and cooperate, Picking company that have low debt levels now that can take the opportunity that will come will massively improve your longer term portfolios.
keep up to date with my trades by following and liking the post.
6% Decline could be on its way
Hey guys, following up with my last few post I have exited the position I outlined last as I didn't want to hold it during the CPI announcement and it hit the .5 on the Fib and broke the uptrend line. New position entered after the market has reacted to the inflation news and we face the definite reality of the Fed tapering harder then first expected. My first target is a 6% fall to the yellow support line as on the daily it has many touches early in 2021 and most recently as seen in 2022 where it stopped the first fall. I'm using Citi Mini warrents so risk to reward make it.
But I want to stress this is just one leg of a decline/bear market/ crash in motion and has been for the past 2 months. As soon as we broke the channel we had been in for two years we should know it wasn't going to go any higher then that and on my next post I outline the bigger move overall. But the main theme is to watch the VIX as it has held trend and Silver which is returning to my support line and if broken we are looking at a much bigger leg down then 6% on the US100, more likely to fall 17% to the next major support line.
First trade up was
30% gain
Target for second trade down is
60% gain