Davidmjr

Davidmjr

Yes, the printing is always there... but never as last 1,5 year. In example: 2020 bottom is 800 points higher now than then. Interesting patterns when we try to realize the "real" chart.

Davidmjr

Chart adjusted to liquidity (money stock/printed money). Looks crazy and.... Impossible? Lets see how long markets still ignoring Evergrande dominos effect.

Davidmjr

The rhythm of the climb is quite similar in the Nasdaq100... If we are in a same bubble we might be prepared for a 75% more upside and then a 3 year 80% downside movement. Or Markets always goes up...?

Davidmjr

Hi all I think SP500 is going to 2.0 fib of the Covid fall around 4570. Maybe a visit to 4175 zone before pushing hard. Maybe it could take a little longer for this sh*t to fall hard... later this year or maybe next year?

Davidmjr

I'm expecting a move based in harmonic patterns to 12.700 or even 12.100 zones before new ATH. Next: or the bubble pops or continue to inflate?

Davidmjr

I'm expecting a "small" correction to 3.900 zone before new ATH. Reversal Harmonic 5-0 forming at the top and the broadering formation lower line could be hit one more time.

Davidmjr

2 channels squeezing price Reverse head and shoulders to 1790

Davidmjr

Target for Ascending broadering formation around 12.000 shouldn't be achieved. Descending wedge breakout to 13.960 target

Davidmjr

Hi all As Volume profile shows between 13100 and 12800 it's a battlefield zone betweens bulls ans bears. Who wins? In fact it's very dificult to short Nasdaq 100 for obvious reasons. It's Nasdaq! Down we can visit 12.000 or even 11.600/11.500 due to head and shoulders pattern. Although the real support seems to be around 11.300. Up we could visit 2,618...

Davidmjr

Hi All. The crowd continues to pump the market up and I don't expect a real huge drop until everything "back to normal" after Coronavirus outbreak. For now it seems a 5-0 harmonic pattern is forming with the buy zone between 0,50 and 0,786 of the leg BC, from 3830 to 3770 My target is 4080 (descending broadering wedge target) and then 4130 (1,618 extension of...

Davidmjr

Market Cap: TESLA = FORD+VW+HONDA+BMW+GM+DAIMLER+TOYOTA What should we say? What should we do? ibb.co

Davidmjr

NAS100 chart adjusted to cash availability (money stock M2 ) and to the last known M2 value around 19,000 BN $ I Expect this move to visit 11.800 and then back to 12.800

Davidmjr

SPX chart adjusted to cash availability (money stock M2 ) and to the last known M2 value around 19,000 BN $ This shows the exact value of SPX at each point in time if the availability of money were the same as today. Could this bubble last forever? As we can see, the old Highs we think we are achieving don't stop to climb.

Davidmjr

SPX chart adjusted to cash availability (money stock M2) and to the last known M2 value = 18,700 BN $ This shows the exact value of SPX at each point in time if the availability of money were the same as today. For this perspective, we can see 2 things: Triggered rising wedge, targeting around 2,800 AB = CD fibonacci pattern (or Bear flag) with target around...

Davidmjr

Bulls tried to invert the fall and failed. The futures chart show us a reverse H&S in intraday time frame with a descending neckline (in the Nasdaq100 this line is perfectly horizontal) and completely failed the aproach of the right sholder. Normaly, and it happened for several times in the oposite direction during the rally up, this kind of failure results in...

Davidmjr

Hi All. Has you could see my previous ideas were completely trash. Since then I tried to undestand why and realized, has many of you would done before, and went long, that I was ignoring the "M2 - Money Stock or money supply" deflation effect. In this chart we can see the M2 in blue (left scale in $ Billions) and the SPX adjusted for the available money and for...

Davidmjr

In early april I drew this cup with handle pattern (or reverse HS with a minor left sholder). I must confess I never thought it will be achieved even less put some money in long side due to the dangerous economic and social enviornment. During this impressive rally everyone were so and so bearish (like me) that it worked like gasoline for the rally. A quite...

Davidmjr

Hi all. Welcome to my first "idea". Market has been printing an impressive correcting rally since march lows and stopped near 0,618 of main leg. After several bear traps it seems now is performing a bull trap near this area. A pattern ABCD or bull flag seems to be now finishing in the point C of the graph. The graph shows what I think will be the next move: a...