FEAR index - VIX vs. SPYHello traders,
we will try to implant a new point of view on the markets today. What if I told you that there is a tool that can find a bottom in the AMEX:SPY market?
This tool exists and is called CBOE:VIX .
If you compare these two graphs, you will easily see, that almost every extreme in the VIX market found the bottom in the SPY market.
Yes, it's that simple. Try to implant this tool in your trading. You will appreciate that. 100% guaranteed.
Good trading.
FINEIGHT team
Bottom
Where is the stock market at according to Mr. Elliott?If you ask me, the worst is yet to come!
You can clearly see on the chart that technical analysis would support we have only finished the A wave of a corrective ABC. I use the DJI as it perfectly corresponds to key Fibonacci levels and therefor it is much more predictible compared to other assets.
How might this play out in the mid term? Below chart would make most sense IMO, retracing to +- the 0.768 FIB of the entire 2009-2019 bull market.
Bitcoin Entering Accumulation Zone? 2020 Really Stinks!Is Bitcoin entering accumulation zone? Who knows?
Please support my post if you find it informative. Thanks,
I shared a post long time ago (see ) to compare this cycle with 2013-2015 as everybody does! But mine was different and nobody paid much attention to it, however, as time passes it proves itself day by day. I am following the same idea with slight updates according to our additional observation since then.
I am looking at monthly price, RSI and MT Plus signal. I see much more evidence that we are around February 2015 entering accumulation zone. Yes, I think 2020 will be the accumulation year and we will probably be ping ponging between $5000-$5500 to $7500-$8000 (I pick very rough numbers just to get the idea). YES, this is another reason that 2020 sucks and is not a fun year (as it has not been so far).
On RSI plot, I color coded the equivalent time frames and it sounds we are around that little blue line.
If these all are true, we should see the momentum fades out (as it has already done, see the MT Plus) and gain back in future months (6-9 months?)
I personally think any number below 7k is really fair and a cheap purchase if you think of long term investment (THIS IS NOT A FINANCIAL ADVICE, THIS IS WHAT THINK!) What do you think?
BEAR MARKETS STARTED JAN 2018 MUCH MORE PAIN TO COME .BUT WE NOW HAVE A TIME WINDOW FOR THE WORLD TO BOTTOM IN BASED ON DATA WE WILL HAVE THREE BOTTOM S AS I STATED BASED ON DATA BACK TO 1902 AND BEFORE THAT I HAVE . WE SAW THE FIRST ONE ON TIME INTO PANIC PHASE DUE 3/18/21 I WAS A BUYER OF 107>% % NET LONG ON SUNDAY 3/23 AND HAVE SOLD OUT TWICE . NEXT LOW IS DUE 4/27 TO 5/10 FOCUS 5/2 . THE 3RD OCT 10 2020 THIS WILL BE THE FINAL PART OF THE BEAR PHASE STARTED ON JAN 2018 THIS LOW THAT IS DUE OCT 2020 WILL THEN BEGIN A MULTI YEAR SIDEWAYS PHASE LIKE 1929 TO 1932 1907 1918 AND THE 1970 TO 1974 KEEP THIS IN MIND
Silver looks interesting for a longterm swing entrySilver looks to be building a bottom on the weekly timeframe. Making it an interesting long opportunity for a longterm entry. Silver is needed in industrial production therefore it has not gained like the goldprice. However there is a gold-silverratio which suggests silver should make up some ground.
Reversal time for oil, or one final leg down to come
Neat little comparison with 1/USDSGD from back in 2016.
This can be how reversal patterns form. If oil manages to keep strength into mid April and move into a choppy shockwave that kicks people out, then theres a chance of pumping and reversing even more damage above $34.
If he continues to follow a similar structure to SGDUSD then we can expect new lows going into the end of April - potentially the final low of oil around $18.50
LONG - MDA - Trading OpportunityBINANCE:MDABTC has been slowly melting for quite a long time now, but with many alts making a huge comeback after showing some reversal on meaningful supports like we are seeing on MDA, it is without a doubt a matter of time.
Entry: 0.000047
Target 1: 0.00005136
Target 2: 0.00005576
Target 3: 0.00006238
SL: 0.00004449
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THE END OF THE DOLLAR'S RESERVE CURRENCY STATUS!THE TREND REMAINS BEARISH, AND WILL COMPLETE ANOTHER LEG DOWN!
A BOTTOM, HOWEVER, IS COMING, AND PETER SCHIFF'S THEORY ABOUT FOREIGN CURRENCIES STRENGTHENING AGAINST THE DOLLAR WILL BE PROVEN CORRECT!
THE DOLLAR MILKSHAKE THEORY HAS BEEN PLAYING OUT FOR THE PAST DECADE AND WILL CULMINATE IN A FINANCIAL CRISIS AND A EURODOLLAR LIQUIDITY IMPLOSION!
ONCE THIS IS ALLEVIATED THROUGH MASSIVE DOLLAR SUPPLY INFLATION, DOLLAR EXCHANGE RATES WILL SUFFER!
BQXBTCThere is a high probability of price moving up from now after that rounded bottom we can see here.
Ethereum Market Cycle Bottom - DOT.COM Market Cycle BottomThis is where we are in the Market Cycle right now. Many years from now people will wish they'd buy here and say if only someone told me.
Newsweek in 1995: Why the Internet will Fail. Today some people won't eat without internet.
Imagine betting against Technology.. Cars, PCs, Cell Phones, Internet, Crypto. Imagine not betting at all and then scratching your head years on.
IT'S NOT OVER YETWith this chart I would like to show you, why we potentially haven’t seen the "real" bottom of the market yet.
So today is an important day for the markets. After all the new help programs and emergency cuts by several central banks and governments from all country’s in the world, we will see jobless claims numbers released today.
And I think this number will drive the market for the next few days/weeks. We will see in which shape the labour market is in the US for the moment.
If we see a number above 1.000.000 in jobless claims the market could go even lower and break the new lows from Monday.
On the other hand we're standing in front of a turning point from bearish to bullish if you look for the MACD in the daily at the S&P500.
My intuition still says me that we will go lower. Strong days with more than 10 percent per day in bullish direction are a significant signs of a bear market, where these things happen over and over again as a part of a short term correction in a longer term bearish trend.
So stay tuned, I'm looking for the numbers release today before making any new steps in any asset class.