Finding the edge in analyzing unique market Cycles.
Volatility getting interesting as it tests the panic gap. The fact it is quiet also precedes large moves.
SC how high will VXX go, in your opinion, conversely how far will SPX drop:)
Notice there is a gap at VXX $24. $29 also is important number on VXX.
There's is also 15.77 gap to downside
Oil expecting a drop to $30 and longer term $2.50.
That's a big drop, $2.50!
Do you really mean $2.50 or was that a typo and you meant to write $25?
$2.50 Oil. Yes with Oil at $50 it is a big drop. This year we saw an imbalance in the Oil market.Next crisis for Oil will be the rise of electric vehicles and as we saw they boomed this year.Oil is out of favor in this hostile period. Mass bankruptcy of Oil companies is coming.
Sc what is your thoughts on bitcoin ?
Bitcoin did confirm that cup and handle pattern that we had charted and saw a nice move up.
Bitcoin is correlated with the stock market and highly levered. The big question is when are we going to see a bitcoin etf?
sc,uvxy---may go to 9.50---but the next spike up that should go to at least 20 to 25---we are really coiled up----something has to break in the next 30 days!
Yes, so it seems
Invu is worth 1 dollar in ny opinion
lou,Made 50 % on money twice this week with INVUI will look for a pullback and get in again!
@CyclesFan $SPX had 3 major rallies of 1047-1063 points from 2011 to 2020. The entire rally from February 2016 to February 2020 was 1583 points. The rally from March 2020 will reach the same measured moved at 3775, which makes it the next potential target for a January 2021 high.
Good, market likes to move in measured moves.
sqroot,if your right ---we are real close to a top!But the federal reserve ---does not look like they favor a big downturn?
lou,Nice move on INVU!
I'm holding it tommy
Hi Lou, Would you mind share your timeline for INVU $1.00? Thank you.
This drop looks like nov 9
Can you elaborate?
all this means is two days down
two day drop ---followed by recoveryand a reversal pattern tomorrow!
Yes that's what it looks like on tqqq Nov 9
SC, when do you expect oil 2,50€?
Oil bear market for 4 to 5 years.
Finally, gold and silver are going up with the depreciation o the USD. My theory, is it stalled from the bitcoin rage. My guessis that bitcoin will pull back and there will be a significant rise in gold. BWTFDIK
New charts posted!