Princessgirl

Princessgirl Updated 

I am using the Heikin Ashi Candlesticks as I find you can see a definite directional pattern with them on the chart itself. Typically, you should wait until you see two green candles, but if you look at some of the indicators on the 6 hour chart, you can see that it is indicating a bullish move. The 7 hour and daily indicators should follow soon. (I will post...

Princessgirl Updated 

Even though the DAILY indicators have not changed, the 30 minute, the 1 hour and even the 2 hour indicators are shifting to indicate an upward movement. The rest of the hourly and daily indicators will soon follow. (I will post these 30 minute and the 1 hour indicators soon) I am using the Heikin Ashi candlestick as I find you see more of a definite trend on the...

Princessgirl Updated 

Like the title suggests, the DIA will go up after the election, regardless of who wins. I do NOT trade based on events, I trade on what I see in the charts. I just started to use the Heikin Ashi candlesticks on my charts as I find they can show a definite trend direction just with the candlesticks themselves. Typically, you are supposed to wait until there are 2...

Princessgirl Updated 

I suspect the DIA will start to go up in October. The 4 hour, 5 hour and 6 hour indicators have already indicated a move up. So the 7 hour and daily indicators will follow shortly. If you look at the 7 hour Directional Movement Indicator, you can see that the +DI is just turning and it is looking like a move up. I just started to use the Heikin-Ashi...

Princessgirl Updated 

In July, the market adjusted slightly to prepare for the upcoming election on Nov. 5th, 2024. The SPY was usually topping out around the 22nd of the month, and started to go back up around the beginning of each month. But in July the downward movement lasted a little longer. (I circled the area where it started to adjust) and it started to go back up around...

Princessgirl

I just started using Heishi Ashi as my chart type or chart style and I really like it. It adds another aspect to help cut out the market noise and helps to show you the trend direction of the market a little better. I am just starting to learn more about Heishi Ashi. I suspect the market will start to go up in the next few days as some of the indicators I use...

Princessgirl

The weekly indicators indicate the market will drop soon. I suspect the drop will occur within 1 month. There is a triangle forming which indicated an upward or downward movement. Due to the weekly indicators showing a downward movement, I suspect the market will head lower but I will not rule out an upward move. This move will only be a brief move, before...

Princessgirl

A triangle is forming indicating a move upward or downward shortly. The move can take place within 2/3 or the triangle to the tip. Due to the weekly indicators crossing last week, indicating a downward movement, I suspect a downward movement. But I am not ruling out an upward movement. The move should take place between now and within the next month. This...

Princessgirl Updated 

The SPY will continue to go up for 2 more days staying within this channel area. I suspect it will hit the target point I have indicated on my chart by Feb. 6th. I have also used Fibonacci on this chart and you can see that both my time and target price prediction matches the Fibonacci retracement of 2.618 when it meets the top of the channel. The target price...

Princessgirl Updated 

There is a triangle forming which is peaking around March 12 which is when the US inflation data is being released. According to the theory, the market can either go up or down at the peak of the triangle by approximately the same distance as the height of the triangle formation. I suspect it will go down at the peak of the triangle due the weekly indicators...

Princessgirl Updated 

I suspect the Spy will continue to go up at least until March 1, 2024. There were 2 budget deadlines for the US set for Jan. 19th and Feb. 2 of 2024. But both of those deadlines have been pushed out in the future. The first budget deadline at midnight on January 19 was pushed out to Mar.1, 2024 includes the following areas: Agriculture, Rural Development, and...

Princessgirl Updated 

There are 2 deadlines in the future for the US that could impact the market. The first deadline at midnight on January 19 includes the following areas: Agriculture, Rural Development, and the Food and Drug Administration; Energy and Water Development; Military Construction and Veterans Affairs; and Transportation, Housing and Urban Development. Next on February...

Princessgirl Updated 

There is a triangle forming a peak around Jan. 19th, when the US hits the Debt ceiling. The weekly indicators are signaling a downward movement. The SPY will start to fall the week after Jan. 19th, hitting the bottom around Jan. 30th. After that, I believe there will be a short zig zag movement (abc wave) where it continues to head down. But I will draw another...

Princessgirl Updated 

There are 2 deadlines for the US in the future impacting the market. The first deadline at midnight on January 19 includes the following areas: Agriculture, Rural Development, and the Food and Drug Administration; Energy and Water Development; Military Construction and Veterans Affairs; and Transportation, Housing and Urban Development. Next on February 2, the...

Princessgirl Updated 

There is a triangle which indicates a move upwards or downwards. I suspect the Spy will move downward based on the weekly indicators, but I am not ruling out the possibility that it will go up. (Last time, I predicted the Spy was going down, I got caught with my pants down!)

Princessgirl

The Spy is going down, probably this Thursday after the Initial Jobless claims or Friday after the US unemployment rate. (You can see this in some of the indicators I use) It will probably hit the 61.8% retracement or the 78.6% retracement during the week of the Fed Announcement. After that, you will see the market bounce up and down during the week before...

Princessgirl Updated 

There is a triangle forming. The indicators are showing that there will be downward movement. I suspect it will hit 61.8% Fibonacci retracement, but essentially it could go lower than that.

Princessgirl Updated 

Looking at my previous posts, I was predicting the SPY to go lower. But this chart shows what I think will be the shorter term moves in this downward trend. The SPY started in a channel around August and will continue until at least December. After that I suspect in will move up in the new year, but we will have to wait and see. I have a previous chart where I...