TL;DR: Good news: There is no good news. Bad news: November is going to be a crash (No not 1929). Summary: Well lemme start of by saying my last idea was a bit off: We did not elect the bearish reversals over Halloween (too spooked obv) and so we managed to get a short squeeze out of the CPI data. Mazel Tov. Regardless this bounce has sucked. Seriously we...
Okay already posted the top down view so here's the practical side. TL;DR We're crashing with JPOWs speech. No the low isn't in place. Load shorts. I'll be using SQQQ again. Christmas rally (TM) will show up right after. Summary: Okay so if you look at my last idea we had a pretty good bounce and the arrays worked almost perfectly. I'm always impressed when...
Evening gentlemen, TL;DR: Low weekly Nov 28th, war in Russia, choppy bottom Dec-Jan capital flight from Euro to U.S. ala WW1/WW2. Rally till March at which time all hell breaks loose. Also I'm making slowly beginning to make these charts more legible lol. Summary: This should be an interesting month as November is our strongest target for a low for 2022. Of...
Okay been busy with a bunch of family/holiday/wedding stuff so good times. The problem is that all gets in the way of trading lol. So time to get back to business: Review: So we did end up having a pretty important event Oct 13th as per last post; I've learned to never underestimate the major targets even if they don't confirm my bias. Right now I've been...
Alright so I've been waiting to see how the month closed/opened and hoo boy it's a doozy. Right off the bat I want to make the biggest point: November is going to be a gong show. Previously the NASDAQ and DOW were similar but what's been happening is that tech is seemingly going to not capitulate fully until then when a major (but probably not final) low takes...
Greetings programs! Okay so just wanted to give what Socrates is putting out atm. I'll get better information at the close of the month so no point going too detailed for the moment: Daily level: (I didn't bother marking these) - Probable decline this week with choppiness/dojis. Monday continuation and then turnaround Tuesday (and Wednesday, Thursday...) -...
We are now going into a choppy whipsaw scenario so as promised I am updating what Socrates has given me. I'll keep it short and sweet. - Obviously today was murder. We did NOT reach the target of 318.00. However the rally on Monday did hit my profit target so I decided to sell and boy was that a good idea. - I'm always surprised when the computer gets the...
Anybody good at pong? Summary and Review: So the AI has been working very well this last month with my account up over 100% since the bottom in June but right now we're really gonna be putting it to the test. The array is showing repeated Turning Points for the next two weekly sessions and also Monday the 12th and Tuesday the 13th. To help illustrate the...
*Drops from the roof* Hello There! Review: - So my portfolio is now up by 20% in just over 2 weeks and I've closed all my SQQQ positions. I did give back some profits today unfortunately but that's how she goes. - The AI remains medium to long term BEARISH on stonks. All stonks. - Mid September is STILL possible for the main leg down. As in we still could...
Timing arrays gave June low perfectly; TQQQ position up 80%. Position is closed and my plan is to switch back to SQQQ shortly. When/Where($): - Now it's projecting a (probably choppy type distribution) top. - As far as dates go the most probable candidates starting as early as next week August 22. First calendar week of Sept (week of Aug 29 - Sept 2) is next most...
- Broke Feb Ukraine War lows. - Quad Witching with massive short covering. - To top it all off continuation divergence on weekly chart. = This ain't bottom. (Yet).
I've been hoping Progenity would consolidate after an overheated run up to $4+ this quarter and I finally got my wish. As predicted with a 'Meh' earnings it's had its violent swing but it's been holding the 50 EMA on an intraday basis and if that can continue it might be a good play for additional swings. As far as fundamentals go: Look it's a biotech company. You...
I made 18% last week of a spike in Progenity from catching a bounce between 3.43 and $4.04. I got stopped out on the second daily downtrend and re-entered the day after caught a reversal. $2.86-$3.52 appears to be the areas of strongest support with strong rejections off <$3.00 - >$4.00. I believe with both rejections we have two conclusions: Market manipulation...
RSI approaching oversold condition. Bearish divergence means a short wait into $4.50-4.15 range. Will wait for a bounce and convincing breakout before consider buying. Short interest's also high as a bonus. Got alert's set for ~$4.30. Wait for news of defamation suit also.
Form 10 was just released pre-market and we have signs of life from this stock with the downtrend possibly broken. The following indicators give at approximately 40-100% returns in the coming weeks: A) Higher lows at least since Nov 1. B) Bollinger band squeeze suggests a sharp breakout to happen soon. Has also crossed mid point upwards. C) RSI has reversed...