RRP unwind with raising rates could seem viable for a soft landing in the US equities markets and broader economy in 2022. Lots of major headwinds regardless. Thanks for reviewing. Please let me know your thoughts. Just my personal thoughts and opinions, not financial advice or education. Cheers.
What we have is a possible Hanging man. We have two of the three ingredients for a 87% chance of downward trend over next week or two if next candle is red. Given this weeks events, its looking bearish short term at the very least. Will be interesting to see how things shake out! Let me know your thoughts of if this was helpful! Not advice or a recommendation...
Bears are out to play, seems the winter is over. I'm not looking to dump my position in UVXY just yet, however. I thought I might update the community that Business wire reported that Proshares plans on doing a 1:10 reverse split on May 26th before opening bell that day for their UVXY security. Trade accordingly. I expected a reverse split once it touched the 3's,...
This is the continuation of a previous idea that I posted on ETH with a textbook hanging man. However, that idea would have only netted a rough 4% as it was followed by a 3 Crows and 3 Knights pattern. So I think the hanging man has been played this time. But, there may be a double top at play. Obviously we need to wait and see if this double top develops before...
Ooof! That's a textbook hanging man right there! Now what that means is that there is a candle, doesn't matter the color, with a very short wick, a very thin body, and a very long shadow. Now that is the chart pattern which is a weak signal if alone, but the signal for bearish sentiment gets stronger if the pattern is on above average volume, check. And the signal...
DXY has definitely snapped to the downside right to the brink of the pattern. Pattern could fail and we'll see it crackle lower or Pop to the upside. 90.1 is the level I'm watching. IF it falls below its over and I'd expect DXY rest of the year in the 80's with SPY jumping to 454. IF DXY pops I expect a broad market correction. What happens to CAPM when there is...
Whoa. The back and "froth" is getting heated. We have definitely seen a great rally since Covid lows. Lots of people making money in the markets these days which is great, even though history has different things to say about that...Anyways! We could be coming up on a correction. Maybe not a bear market, but a correction is what I'm seeing. How big? Who knows....
Hi all! I think we are facing a pivot for the DXY that could bring significant changes to global markets. IF the DXY doesn't Hold the 90 level and bounce higher, THEN I believe we are looking at new highs across the risk asset spectrum with the DXY going into tail spin and falling out of this macro down trend channel, possibly to the low 80's even. ...
Hi, all! I think yes, for me. Things are tense globally, and prices are...well high. I think we have not yet seen the ATH on the SPY and subsequently I think the UVXY will get close to its ATL if not touch it and play around it a bit before we see a correction in the broad markets which should, IMHO, send this security soaring for a very nice risk/return...
Hi all! Looks to me like there is a possible long trade here with the possibility as I see it in a bull flag set up. This fits my macro analysis bias related to various other assets. Nevertheless, it should be an interesting next few months. Please note that this is not advice or a recommendation. Please do not invest or trade anything without proper...
Please do not trade or invest in anything that you do not fully and completely understand. This is absolutely not advice or a recommendation. This is strictly a crazy idea that would be crazy if it happened. And, I actually hope it doesn't. But if it did, whoa. Right? Whoa.
Was watching for the completion of an interesting pattern. It failed to materialize, but thought I'd still share
Would be interesting to see if happens. I a possible scenario I see given how I look at things the coming week. Also sorry for so many lines. I didnt take the time to make it clean at all. Lmk if thats just unacceptable or if how I deconstruct the chart with various patterns I've observed help set things up a bit better. basically just a feedback publish. Lmk, Thanks. JG
Widening wedge, looking like its going to go long. Risk is eye watering, a spike in the dollar follows the natural cycle of things in my mind for a correction or the start of a bear market. Thoughts? JG