I still think we see some upside. It just makes sense. IF we were able to (might be a far reach but IF we were able to) get into the 430s, it would make sense in so many ways and provide just really nice setups. Dont worry about Jerome or whatever nonsense you are selling yourself a position on or that marketwatch is trying to sell you a position on or CNBC or...
Based on my calculations, Jerome Powell is going to move the markets this week..!
I am pretty much sure markets will move with higher momentum after FOMC..!
Which side?
We will have the answer in 2 days..!
Best,
Dr . Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant,...
TSLA lost its support last week and is looking fully bearish.
We see a 35% drop incoming in the months ahead and up to 60% RED if things get really ugly.
It won't matter to Mr. Musk as he sold at the TOP back in November (Genius).
The market cycles are part of nature and will continue to manifest themselves regardless of any one person, group of person,...
The collapse of BABA is twice as big as Evergrande's 300 Billion dollars debt crisis..!
I believe no one could imagine BABA at 73 dollars a share, but it happened!
Recommendation at these prices is really hard..!
If you hold these could be the risks:
- Chinese stock delist from US market
- Further decline to 58 or lower
So adding to your position when all the...
$SPY Key Levels, Analysis & Targets
OK… FOMC tomorrow @ 1:30pm est. Back to the 4 hour chart… I’ve been on the big timeframes so much -which show so much- but aren’t practical for intraday…
Any and all resistances are looking like a great place to add to my short… I just don’t see the bull case right now, not technically, and not fundamentally, or macro...
amd just saw its 3rd bounce off extreme support, look for rally to 114.07 make or break it area.
if it cant break resistance look for a dip back to 100, if it breaks 114.07 we can target 124.92-133.52
TSLA price may be at bottom of daily channel, down to 700, by Friday. If that happens, stocachastic %D would continue down to the yellow circle. On the 30m chart, 791-795 is a great place to buy puts.
I am buying a weekly strike, small position so I can hold overnight.
One of the big market events today is the explosion in price of AMEX:VXX which according to the issuer Barclays has nothing to do with Ukraine or market events. I think it is tangentially related in some way to the market conditions but what does this actually mean for the near future of volatility? I look at TVC:VIX as a measure of the "fear index" of the...
It looks like they want to jerk people around as much as they can. I see Baba is up 20 percent premarket. NIO is up 20 percent. Wynn is up 8 percent. They are going to do all they can to whip around as many as they can. First comes the fake move usually then the real move.
Oil popped up but that’s no surprise. USO looked like a buy and I expect a gap up...
Watching this for one last chance at holding this $100 and attempt at a big rally...all will be decided tomorrow on reaction to Fed rate hike. If we don't hold, likely new lows...breakout and I'm looking to $130 over a month.
The current state of the markets appear strikingly similar to that of late '07/early '08, so that is how I am going to play it. Powell and his FED cronies have an interest rate decision this week and as history shows us, the FED seem to always do something at the worst possible time. The market always stays stagnant before the FED meetings/announcements, so we are...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
AAPL is overall bullish trading inside the brown channel and now approaching the lower trendline acting as non-horizontal support.
Moreover, the green area is a "Resistance turned into Support".
So the highlighted purple circle is a very strong area to look for buy...
I was researching the holdings of AMEX:XLF to prepare for Sector Rotation into Financial which I think is due shortly and the top holding in that ETF is NYSE:BRK.B . While analyzing the chart I find that there were two distinct opportunities at major 50% Retracement Levels on 1/24/2022 and 2/24/2022. These are quite excellent holds of my key principle levels...
I have been watching Palantir closely since the February 24, 2022 spike low. NYSE:PLTR was a darling of 2021 but has fallen victim to the "Pandemic Round Trip" like many stocks. The $10 psychological level has so far held with afore mentioned spike and today there was short term price action (see below) above $10 that may confirm a low risk entry.
I have...
This is my third post about Amazon NASDAQ:AMZN in a week but I find the price action to be one of those rare, textbook, beautiful moments where 50% Retracements work in fractals. From the pullback on March 8th, to the pullback on March 14th, to the pullback at the open today March 15th... the patterns repeated on smaller timeframes.
Short Term Elliott Wave View in SPY suggests that the decline from March 03 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from March 03, wave (i) ended at 423.54, and rally in wave (ii) ended at 432.20. the ETF then resumes lower in wave (iii) towards 417.89, and rally in wave (iv) ended at 423.03. Final leg lower wave (v) ended at 414.00...
