After the ADP Report, the USDJPY sold off, signaling Risk Off mode. Stocks barely moved... As I mentioned before, on the way up the USDJPY works as a Central Bank policy, pushing prices higher. On the way down, the correlation seems to be gone....like if they hold it up artificially....nah, can't be,
S&P500 vs VIX The S&P500 is trending near long term resistance line (blue) @ 2440, forming Higher Highs, while the 14 day RSI is not able to keep up the same pace, forming Lower Highs so far. This is called Bearish Divergence and often shows an overshoot in price, that will
- THE RELEVANCE OF 7(0) Based on my own research, it seems that the S&P500 is trending based on an internal cycle of 7(0) calendar days. My research shows that over the past 17 years, the 7, 21, 35, 70, 140 and 280 day cycle are more likely to signal a change in
Divergence Model Spot the odd one out...US equities stay strong, no matter what. It's fascinating to see, that the USDJPY, Oil and European stocks work like fuel to the upside, but to the downside the correlation is completely gone. We all know markets are manipulated, so that should not be a surprise
Trade Oil and make money when other investors copy your Trades! The last time I discussed Crude Oil, "Crude Oil - Is $41 in the cards for June?" I explained a Strategy in which I would sell the $49 - $50.50. Although Oil surpassed my upside target of $50.50 a bit,
May 19, I dedicated an article to Cryptocurrencies (read here) and that in my view, it was going 2 fast 2 furious, showing much resemblance with the price pattern of tulips during the 17th century. In the meantime, Bitcoin (and all other cryptocurrencies) reached Higher Highs and Bitcoin touched $2800,
Start your own Fund and earn money managing a Portfolio! This post is a follow up on the post I wrote about the Dow Theory. If you haven't read that one yet, then I advice you to read that first (here) before you continue this story. As I mentioned in that post: "The Sell
While the US markets form Higher Highs and record closes, the European markets do not follow (yet). For example, the DAX is forming Lower Highs and Lower Lows since the most recent 70 day cycle (May 8, click here). So investors (or should I say, the Plunge Protection Teams) are pulling
There's a more recent update on Cryptocurrencies available, click here for Bitcoin - Tulip Mania Part 2. - In this post I would like to share my view on two Cryptocurrencies, Bitcoin and Ethereum. The last time I shared my view on Bitcoin and Ethereum, mid March, both currencies crashed and I
The last time I shared my view on Oil, I explained why I sold the $49-$52 area for a Target of $44-$45, which was reached a lot quicker than I expected though. Unlike stocks, where it's taking an eternity to form a short term High in the S&P500 and Dow Jones
The Nasdaq100 reached the long term Monthly Trend Line @5700 area which should act as strong resistance. Based on my belief of a collapse of the Government Bond market (interest rates up, sell bonds), I think this resistance is only here to be broken to the upside as the flight to
In this post I would like to share my current view on the markets and in particular the S&P500 and VIX.
For the S&P500, there’s an important cycle time window coming up, that starts May 8 and could signal a High to be formed this week. That matches the pattern that I see in VIX (the rounding bottom) and if that pattern repeats again, we could be in for a VIX of at least 14 and maybe even 17/18 over the next couple of weeks.
Feel free to ask questions if you have any.
Enjoy your weekend!
Choose one of the options below to unlock this content.
Hi all, In this post, I would like to share one of the oldest swing trading theories out there, the Dow Theory, and what it currently tells us. The Dow Theory was introduced gradually over the first three decades of the 20th century in editorials in The Wall Street Journal. If you
In this Video update, I will discuss and show my current view on the US and EU stock markets, Commodities and Cryptocurrencies (Bitcoin and Ethereum) and why I think bears could expect a profitable summer but bulls will eventually survive (flight to private assets).
Choose on of the options below to unlock my latest video.
Hi all, In this update I will explain why I'm selling the $52-54 for 1st Target of $49 and 2nd Target of $44-$45....continue reading.
Hi all, I just updated my cyclical model for April and May 2017 and the outcomes are published on this page - Cycle Dates. Seems that after APR 3-7, APR 27, MAY 3 and MAY 8-14 and mid June are likely the Time Windows in which a change in Trend/start new
Hi all, Will the S&P500 form a Lower Low < 2320 and match the rounding top pattern? Is VIX ready to drop and pop again? As mentioned before, I will upload my analysis that I share on my eToro feed here on this page. Click on the link for the latest updates of
Hi all, I hope you had a nice and profitable trading week. In this post I will discuss my current thesis on Crude Oil and what price levels are relevant to determine the next move. Enjoy your weekend! Subscribe and stay informed! Crude Oil Copy My Trades - If you want to follow or copy my Trades,
Hi all, In this update I would like to reflect on some of my trades in the PatternTrader11 account from last week and show you guys my watchlist for this week: what stocks to buy or sell? Secondly, I will share my trades on the general markets that I execute in my second
$ETHEREUM 36 $BTC $987 keep crashing down. Check out my positions here. The Chart showed bearish divergence in the RSI, Lower Highs and Lower Lows and of course, SELL signals in the SuperTrend indicator. Secondly, maybe even more important, The Euphoria was too much, new funds on cryptocurrencies pop up by the