MrFleck
A sneaky expanding diagonal for cycle wave 5 with a blow off extended 5th primary wave (final wave) makes the most sense to me. If that's what we are seeing right now, SPY might possibly hit low 700s in the next couple of years. Gold might pull back to low 200s in the meantime for a choppy wave 4. My plan is to switch from equities to gold at spy 700. Not a...
Geometrically, a touch of $145 will be a perfection. Above all key MAs. Trading near ATH. Showing incredible strength in a volatile market.
This could pull back for a couple of months. Is this move down on JPYUSD gonna fuel rally in Equities? Gold looks like it wants to pull back (may be to 21 EMA or even a deeper correction to $2000/OZ). DXY might have a relief rally or just chop sideways. US10Y could drop to 3.4%. Have to watch SPX, GOLD, GOLD/SPX ratio, BTC/USD, BTC/GLX, US10Y, DXY, JPY/USD and...
Silver should test 48 at least. If 48 breaks and holds, silver could go parabolic. I am long GLD, SLV and NEM
Watch the monthly candle close. If it closes above 55, i expect this one to hit 70 very soon
I want to stick to the classics. I want more clarity before I enter any trade here. My bias is bearish as of now
Gold could be a multibagger. Broke out of multiyear trendline resistance. I would buy any pullback
I feel like gold will go parabolic while spx goes sideways the next few years
I dunno. I just gardened Fridays are interesting. It's not weekend yet. I haven't gotten my mind out of this week's work yet. I'm not sure where i'm going with this Anyways TSLA to 2026 by 1000 Sorry..1000 by 2026
Accumulate in the red zone - short term there is a possibility that BTC can dip to 55k. Personally I will average in if that happens. Not selling my current position tho! Not a financial advice. Invest safe.
Wave 2 was a flat; so there is high chance that 4 will be a zig zag; there is bullish divergence in lower time frame. A bounce to 451 - 453 likely early next week. From there if market goes down, it will find support somewhere in the lower part of the channel. QQQ closed below 50 ma. That's concerning. I still think we will hit ATH this year then there will be...
Wave 4 - choppiest wave of all. One final push coming soon before bigger pull back
Targets 3.2 If 2.2 holds a resistance, i would get out
Chart will look better if it made one more low below $90. This correction is almost over.
I believe the next sell off will be aggressive. VIX eruption imminent.
The next few weeks are going to be bloody. Tomorrow will be a perfect day to close your longs imho.
Leading diagonal when it breaks can retrace as much as 75%. I'll close my puts at 3600. I expect a bounce there.
META is on a free fall. Contrary to many, I do think META will make a nasty come back in a few years. But for now, I'm bearish on the stock