Usmarkets
Look At This! Please.An extremely rare pattern for an extremely rare time in the U.S.
Ending Expanding Diagonal patterns are not seen very often.
Not a natural looking pattern because the wild price swings aren't natural.
You know what else isn't natural?
The M1 money supply increase from 4 trillion to OVER 18 TRILLION in 2020. They increase the money supply by over 400%!!
Why do you think Bitcoin and blockchain is getting so much support?
Because people are realizing this ship is SINKING!!!
Why do you think decentralized finance is manifesting? You think that's random? No!! Things are created when someone see's a need and the world reaffirms the value in it through their belief and investment.
A break back below 3,800 would be a major sell signal for me and a break below 3,200 indicates the end of the bull market.
Not financial advice. Just what I'm seeing and what makes sense to me based on the data, wave counts, and price action.
I appreciate feedback on my wave counts though, so feel free to comment that I'm an idjit if you want.
SPX BREAKS 4000Following my last post, the daily Supertrend line at 4011 was broken on 010421.More significantly, the SPX starts of the trading month of April 2021 positive bullish in the long term since the bullish breakout of the Supertrend line at 3654 on 011220. The disposition of the SPX 500 is now BULLISH on all time frames.
Attach also is the Fibonacci Extension projection for new ALL TIME HIGH price targets on the daily charts that sets 4124 (1) and 4291 (1.618) RESPECTIVELY.
LONG TERM UPTREND since 011220
MEDIUM TERM UPTREND since 01020
SHORT TERM UPTREND since 270321
PIVOT 3891
Long positions above 3891 for 4124 and 4291
Short positions below 3891 for 3626 and 3221
TESLA to $400Correction time for Tesla.
There is nothing to afraid of. It's a buy opportunity.
It's falling down for 4 weeks straight.
$600 will be an important level to watch for next week.
If the selling pressure continues;
I'm expecting to see the price in a range of $400-440.
What do you think? Any comment? 👇👇👇
SPX RALLIES ON IN FEB 2021Short term composure has been regained by the long signals issued on 020221(4hr) and 040221(daily) charts targeting new highs. The long and medium charts are still in a strong uptrend.
PIVOT 3692
LONG POSITIONS ABOVE 3692 TO NEW HIGHS
SHORT POSITIONS BELOW 3692 TO TEST 3553 AND 3454
SPX bullish Dec Opening. Pivot at 3655The SPX is bullish on ALL time frames and appears to have broken the Monthly Supertrend Line at 3655 into December 2020. Price must close above 3655 on the 1st of Jan 2021 to confirm the next long term Up Leg of the SPX over the next few months.
Pivot is at 3651
A break of 3651 will test 3557 and 3466 to the downside.
Price holding above 3651/4hr Supertrend line in the coming week will see new All time Highs.
How high can the market go? Gold XAUUSD AnalysisTrading Idea: Long
Buy Area below: $1,770
Stop Loss: $1,735
Take Profit: $1,880
Today Gold reached levels below $1,770, before bouncing back above $1,800. It lost a bit more than 14% since the last surge marking an all-time-high level above $2,070.
Investors turned to riskier assets since the popular vote chose Biden as the 44th President of the USA. On the Monday that the the results were confirmed the markets surged and Gold took the bears having the first hit which continued with a bloodpath as Pfizer announced positive news for their early results from the coronavirus vaccine trial with their 90% effectiveness.
Optimism continues with more Companies releasing covid-19 vaccine effective rates and countries laying out their plans on distribution dates to citizens.
At the same time those events could either be the prophecies that things are actually going good or smoke around the huge bubble before a highly anticipated crash of the markets.
Fiscal and monetary policies are testing the nerves of the markets.
The world economy is standing on stimulus plans.
How high can the market go?
On Tuesday, one day after Cyber Monday and Black Friday, the markets surged and visited uncharted territory. This makes it a good potential opportunity to go long and find support levels to enter. You can see our support and resistance levels indicating the area the market will be bouncing within the borders.
SPX BREAKS 3333 TO TEST 3176A broad sell off across the globe started on the 281020.
This sell off spark the SPX to break its Supertrend line at 3333 opening the door to its weekly Kijun support at 3176.
The short signal was issued 2 weeks back on the 4hr chart at 3482 on 151020.
On a birds eye view, the MT and LT outlook of the SPX is still uptrend.
This move towards 3176 is ST in nature and corrective. 10% corrections are normal in the course of market lifespans.
A break above 3389 will resume ST uptrend.
Oil Bearish - MY BEST ANALYSIS SO FAR!!This is a retest of the Hell that broke loose. Ask youself a question...If there was that much selling here, what's the probability that price will fall big the next time price comes here again? If the answer is more than 50.1%, you should probably take the trade. Price might not be guaranteed to fall as far but you've got a clear signal that you could bank at least a little profit in this area.
This is what trading is. A game of probabilities. Your job is to trade at times where there is the most probability of price moving big, in a certain direction.
Naked trading is just that simple. Trading the bigger timeframes helps keep the markets in perspective.
The SECRET is to get out of a trade that looked good but isn't so good after a while. You've got to be disciplined when you know you just need to take the loss. Like in a relationship lol...ALWAYS WIN bigger than you lose!
YOU ALL CAN DO THIS! You can use trading to change your life & everyone around you!
SELL ZN1 in the next RED VOLUMEHello Friends
*****
the ZN1 market is in an uptrend
followed by a green volume increase at the bottom
and wick candle at the top of vwap it means that the market is going to bear
=> it's a sell signal
so you can sell and get out in the next red volume
THANK YOU
ATSELECTION
ADVANCED MICRO DEVICES, INC. Bullish move (EPSMomentum)$AMD is looking good with positive EM Score, EM Bias and Earning momentum.
price is trading well within the projected range with a potential of a 12.63% to the upside if it closes on the mean by the next earning.
Check EPS Momentum for more details on our stock scoring and screening system.
QQQ All-Time LevelsIn an uncertain market it is hard to find footing. NASDAQ:QQQ is currently testing a jumpy support level right now. The biggest factors that will play into the outlook of the NASDAQ and the market as a whole is government stimulus and the upcoming election. Many analysts are comparing this years election to Gore-Bush election and the uncertainty could be detrimental for our market. If support begins to break and there is no positive news on a COVID vaccine, QQQ could face some major downside before leveling out. Many analysts have also compared the boom in tech "post-COVID" to the .com bubble in 1999. Furthermore, the news of Europe begining to take preventative measures is creating more fear globally. If the market doesn't quickly move to fill the gap down or support is broken there is room for a lot more sell-off. It's a long way down.