
Just noticed this on Weekly chart S&P 500. Weekly already crossed. Bearish divergence. Need Powell to print more money
This post has been edited by mois: Nov 30 2021, 09:16 PM
USA Stock Discussion v8, Brexit: What happens now?
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Nov 30 2021, 09:02 PM
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Dec 2 2021, 06:59 AM
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Dec 2 2021, 07:08 AM
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QUOTE(misaka @ Dec 2 2021, 07:03 AM) The weekly divergence I showed that day is playing out. Doesn't look very good. Infact quite ugly. Im tracking it because crypto pretty much tied to it james.6831 liked this post
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Dec 28 2021, 08:56 PM
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Jan 22 2022, 08:15 PM
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QUOTE(silverwave @ Jan 21 2022, 10:59 PM) It is possible to crash until March 2020 level for a reset. And yes it is 50% from top.This post has been edited by mois: Jan 22 2022, 08:21 PM silverwave liked this post
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Mar 16 2024, 10:25 PM
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Apr 9 2024, 09:01 AM
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QUOTE(Davidtcf @ Apr 8 2024, 09:36 AM) regretted buying some stocks of Tesla.. already saw red flags that it was overpriced but still go for it. Now suffer paper losses as I thought it would improve, only to see bad news after bad news hammering the stock. all the hype surrounding the stock on youtube, social media are to blame. So next time don't follow what people keep pushing to buy... make your own analysis before diving into a stock. will just hold on to it and hope Elon Musk get his shit together to boost his stock. I believe he can with his brilliant mind. Let's hope he can do a 360 like how Mark Zuckerberg did to Meta. ![]() What was your entry price? Current price look like buy zone for me. Already retraced to 0.618 fibo |
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Oct 11 2024, 02:49 PM
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QUOTE(ozak @ Oct 11 2024, 01:55 PM) Don't worry, NVDA will pull back. Maybe contain 130-140. Before all the way up to 150. The cut is for election as expected. After election, up to Powell decide. With a small % cpi up, perhaps FED weight at Job no. more? Small 25bps cut perhaps. ![]() Nvidia chart looking damn good after break out of $130 |
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Nov 19 2024, 09:35 AM
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QUOTE(ozak @ Nov 18 2024, 07:57 PM) It look like bearish since last week. Volume is getting lower. S&P already showing sign of weakness. Rising wedge, weeky & monthly bearish divergence. About time for retracementBeside, S&P, QQQ is down. With money going over to TSLA (even today), NVDA is hard to reach even 160 after earning. Option call is high at 150, 160, 145. NVDA need "BIG surprise" in order up to 170. Not a financial advice. |
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Nov 26 2024, 04:41 PM
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Dec 1 2024, 01:44 PM
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Dec 2 2024, 06:29 PM
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Dec 4 2024, 12:06 PM
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Edited: Sorry just backtested this. Fibonannci extension only work with straight line with shallow pullback like .236 and .382 upward movement like 2021. Post covid rally has deeper pullbacks 0.618.
This post has been edited by mois: Dec 7 2024, 04:24 PM |
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Dec 5 2024, 09:27 AM
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Dec 19 2024, 04:18 PM
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Look like my previous charts I removed on S&P500 showing rejection. These are the charts I removed few weeks ago because I wasnt sure. But since it has reaction. It should be useful to post here. S&P500 ![]() NYSE ![]() Nasqad ![]() DJI is rogue one. Doesnt align. ![]() This could mark the end of bullrun since October 2022. If the crash come, I will share the Fibonacci levels to look for. This post has been edited by mois: Dec 19 2024, 07:55 PM TOS2 liked this post
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Dec 20 2024, 08:35 AM
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Dec 31 2024, 11:29 AM
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QUOTE(dwRK @ Dec 31 2024, 11:19 AM) imho... you've done work... so just leave your charts in as is few weeks ago... especially when you are doing projections with fib extensions... we can all look out for and look forward to any price action/reactions... The charts are all in Weekly chart. there is no need to remove them because you are afraid you might be wrong... and them put it back in only when you are now right also in charting... you can have a longer term outlook say weekly... but really need to manage your trade day by day... shit happens and new info must be considered... anyways i do not think its the end of bull run... price correction/retracement for sure, especially when they hit key levels... as for how low it will go... i can already see some near term levels now... |
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Dec 31 2024, 12:32 PM
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QUOTE(dwRK @ Dec 31 2024, 12:11 PM) One thing I find it very interesting on SPX. My fibo extension levels match exactly with the fibo retracement level. January 2022 area 0.50 level (4840) look like very reasonable correction.Rainbow is extension, white lines are retracement ![]() This post has been edited by mois: Dec 31 2024, 12:36 PM |
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Dec 31 2024, 08:29 PM
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QUOTE(dwRK @ Dec 31 2024, 05:26 PM) 4840 is too low imho... there is no trigger or premise to go there... 20% drop is more than a correction liao... market crash territory... Interesting. Look like we have different elliot wave count. Yeah there is a level at 5500. Infact it is the first level which is 0.236 retracement. Lets see the reaction once go there. But first need to see if it break the H&S neckline at 5842. this is my outlook for now... ![]() ![]() 1. you have an election gap up not yet filled... 2. break of the wedge and retested... the deep retest hit .786 fib... looks like head n shoulder forming... pullback usually goes back down to near the start of the wedge... so i'll be looking at break of the shoulder line... and drop to around 5500... you will find confluences of fib retracements and trend extensions there... as well as volume point of control... its also around 10% drop same as many corrections before it... anyways... happy new year everyone... 2025 huat ah!!!... ![]() |
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Jan 8 2025, 08:58 AM
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