The comparisons to the beginning of dot com are uncanny. I compared countless indicators and the current price action is identical to the dot com beginning. Additionally, the duration of the yield curve inversion is identical and the % of the drop is identical, almost to the decimal. The current contraction took 5x as long to reach this point as compared with the...
what if we have a yield curve that hasn't been inverted this much in 40 years what if we've enjoyed 15 straight years of bull markets what if this is just the start of the correction what if I told you that I've tested 50 indicators and identified that this correction (on a weekly scale) thus far has matched identically to the START of the dot com bubble (on a...
The US Treasury Yield Curve is currently inverted, meaning short term interest rates higher than long term interest rates. This unusual occurrence, called a yield curve inversion, has historically been a very reliable indicator of an upcoming economic recession. Since World War II every yield curve inversion has been followed by a recession in the following 6-18...
The magnitude of this divergence is enormous. Other indictors are trending in the bullish direction We should see a nice pop for SQQQ
Potential reversal identified based on August price action. We are at a tipping point for tech. Weekly technicals are oversold. MACD monthly remains negative. Jobs report and further Fed hikes may amplify this technical analysis may tip the scales and send tech plummeting. Good luck, Opinion - not financial advice
The US Treasury Yield Curve is currently inverted, meaning short term interest rates higher than long term interest rates. This unusual occurrence, called a yield curve inversion, has historically been a very reliable indicator of an upcoming economic recession. Since World War II every yield curve inversion has been followed by a recession in the following 6-18...
The bear is done with the cigarette break and is about to come back strong. I am seeing a re-start of the beginning of the correction, except with greater price magnitude. SQQQ is oversold and the MACD is about to turn up. Except an interesting next couple of weeks. This correction has several months to go. SQQQ could easily reach $50 and my most aggressive...
Market appearing to regain momentum, but I think it's a trap. Similar price action as when the correction began. Resistance is strong 12,800. The bear was taking a cigarette break as far as I am concerned. Buckle up and prepare for the last leg (DOWN) of this correction. I maintain an expected bottom of July 2023 Good luck Not financial advice
NDX is at a critical inflection point It is testing the 200 Day EMA and based on comparison to prior price patterns, it will likely fail. This will trigger the next phase of this correction I predict a few more strong days for NDX to trap the bulls, and then the pins will reset for the aggressive downturn. I estimate the bottom will be July 2023. Not financial...
SQQQ is experienced a temporary downturn, and based on reoccurring trends, I suspect it will soon be followed by a strong reversal upwards. Good luck. Not financial advice. Trade at your own risk
When viewed on the monthly timeline, you can see the similarities to the tech bubble. We've had a massive bull run over the past 10+ years. The market is due for a major correction and this is it. If the bears win over the next two weeks, you can be sure that we are going much, much lower. NDX 9000 or lower by Q2-Q3 to close out the correct. Buckle up and good...
I am just shocked how identical these cycles repeat. Market manipulation or human nature? It is what it is...prepare for liftoff
I don't have the pro version to show side by side, but the 2018 correction (on a 2HR timeline) scales remarkably similar to the current correction (on a daily timeline). Both 2018 and current show a triple bottom formed before making the HUGE upswing to close out the correction. Even the dates of these price actions proportionally correspond between the two...
Can it be any clearer? SQQQ is going UP Prediction- by Summer (May to June) Conservative: $55-60 Moderate: $60-70 Aggressive: $75 + Not financial advise- trade at your own risk
NDX is overbought and is ready to drop The momentum has turned sour Weekly and Monthly moving averages are providing strong resistance The pattern repeats for every drop and is repeated now Based on models from 2001 and 2018, we are primed for the 4th drop The 4th drop is the most significant and will easily take NDX below 10,000 I predict the final bottom will...
Circumstances are different, but technicals are similar between tech bubble and the current correction. I think we are experiencing the final uptrend before NDX tanks. The final drop is usually the most severe. This correction formation also repeated in 2018 (when viewed on a daily timeframe). I expect we have several more months to go before we reach bottom. Good luck
My first publication: Monthly shows bear trend has a while to go Volatility is growing SQQQ is oversold Triple bottom appears to have formed and the bottoms are spaced apart over nearly a year timeframe, which may set up a huge uptrend