Monday, 23 May 2022
Nasdaq Composite: Fighting hard to rebound from old cloud chart support zones between: 11154/11423!
Nasdaq Composite: Fighting hard to rebound from old cloud chart support zones between: 11154/11423! If support holds at these ranges then we should get a relief rally.
On the monthly cloud chart there is a key support zone at the front end of the cloud at 11205 zone for a potential rebound!
S&P500 Index: Fighting for a rebound at critical cloud chart support zones between 3838/3890!
S&P500 Index: Fighting for a rebound at critical cloud chart support zones between 3838/3890!
If support holds at this rebound zone should get a short relief rally from here with bottom end of the cloud as the next key resistance zones if the rebound rally takes hold!
Since price action is below the cloud and that is bearish from a cloud chart perspective with short-term swing trades possible.
Friday, 20 May 2022
GBPUSD down more than 1100 points (-8%) since the cloud chart sell signal! The Bailey Short strategy works very well!
GBPUSD down more than 1100 points since the cloud chart sell signal on the daily cloud chart! The Bailey Short strategy works very well!
GBP hit downside cloud chart support targets of 1.24/1.22 zones and resulted in a 1100 point profit on this cloud chart trade! Short selling central bankers competence works well!
The cloud chart short sell trade on GBPUSD on the weekly cloud chart generated 1666 points (GBP down almost 12%)! The Bailey Short strategy works well even on the weekly cloud charts!
Thursday, 19 May 2022
S&P500 Index Down more than 14% since the cloud chart sell signal! Bear market rally gaining steam!
S&P500 Index down more than 14% since the cloud chart sell signal! Bear market rally gaining steam! Price action is below the bottom end of the weekly cloud and this remains bearish! S&P500 lost support at the front end of the cloud at 3985, with downside risk to 3506 front cloud support zones on the monthly cloud chart!
Downside risk toward next key cloud chart support zones of 3890/3841 to 3805 and 3792! The bears are roaring, the great conspicuous consumption bubble is rapidly deflating!
Nasdaq Composite Index down more than 27% since the cloud chart sell signal! Roaring bear market rally!
Nasdaq Composite Index down more than 27% since the cloud chart sell signal! Roaring bear market rally!
IXIC down 27% since the cloud chart sell signal. Down more than 24% since the cloud cross sell signal! Roaring bear market rally! Testing for support at the monthly front cloud chart support zone of 11207 zone and the standard line of the cloud around 11423! Rebound potential if support holds at those levels!
Monday, 16 May 2022
Friday, 13 May 2022
Thursday, 12 May 2022
S&P500 hit downside targets of 4005/3945, with next target 3870. Getting into rebound zone!
S&P500 hit downside P&F chart targets of 4005/3945, with next target 3870. Getting into rebound zone as these two targets of 3945 and 3870 sit right there at a major P&F trend line support zone! Keeping an eye out for a P&F chart reversal to signal the end of the trend and a new relief rally!
NDX100 Index: The great conspicuous consumption bubble finally deflating as the NDX is down more than 27% since the cloud chart sell signal!
NDX100 Index: The great conspicuous consumption bubble finally deflating as the NDX is down more than 27% since the cloud chart sell signal! NDX100 index lost support at a key cloud chart support zone of 13114! Index is now fighting for support at the front cloud chart support zone of 11445 and next key level 11330/11207 on the monthly cloud chart. If support holds at these levels we can see a relief rally!
S&P500 Index: The great conspicuous consumption bubble finally deflating as the S&P500 is down more than 14% since the cloud chart sell signal!
S&P500 Index: The great conspicuous consumption bubble finally deflating as the S&P500 is down more than 14% since the cloud chart sell signal!
S&P500 index lost support at the front cloud chart support zone of 3985 on the monthly chart, and downside risk long-term to the next key cloud chart support zone of 3506!
Price action is below the weekly cloud and that remains bearish with downside risk to the next key old cloud chart support zone of 3890! Could see a relief rally from this level if support holds!
Bitcoin BTC USD Bear rally keeps going. On its way to next cloud chart support zone at 22975!
Bitcoin BTC USD Bear rally keeps going as it lost support at key levels between 32092 and 28780! BTC is on its way to next cloud chart support zone at 22975! BTC down more than 36% since the cloud chart sell signal on the daily cloud chart!
Price action below the weekly cloud chart and daily cloud chart remains bearish! Looking at the next target of 22975!
Wednesday, 11 May 2022
Coinbase (COIN) Down more than 82% since the cloud chart sell signal!
Coinbase (COIN) Down more than 82% since the cloud chart sell signal! Price action below the cloud remains bearish! Cloud Charts a great way to manage risk!
BTC Bitcoin Rebounded from P&F chart support after hitting downside P&F chart targets!
BTC Bitcoin Rebounded from 30000 P&F chart support zone soon after hitting downside P&F chart targets of 34500/32750 and 32250! Looking for a P&F chart reversal here to signal the end of the downtrend!
Once the P&F chart confirms the reversal the upside targets will then be the P&F trend line resistance zone for BTC to go test!
S&P500 Index Hitting downside targets of 4080/4005 with next targets 3945/3870!
S&P500 Index Hitting downside point & figure chart targets of 4080/4005 with next targets 3945/3870! Intra day the index got very close to the 3945 target with the low at 3958!
Index getting closer to trend line rebound support zones! Looking for a P&F chart reversal to the upside to signal a recovery rally! Getting ready for a rebound rally in an overall bear market!
Upstart Holdings (UPST) Down 90% since the cloud chart sell signal! "Upstart not starting up!"
Upstart Holdings (UPST) Down 90% since the cloud chart sell signal! "Upstart not starting up!" Market did not like the results!
Tuesday, 10 May 2022
PTON: Losing more fat, down more than 90% since the cloud chart sell signal!
PTON:PTON down more than 90% since the cloud chart sell signal! This conspicuous consumption stock short sell is a gift that keeps on giving and giving!
Monday, 9 May 2022
Thursday, 5 May 2022
S&P500 Index: Great rebound from weekly cloud chart support zone!
S&P500 Index: Great rebound from weekly cloud chart support zone!
The S&P500 index found support at the bottom end of the weekly cloud chart support zone! Next key resistance zones are the the front cloud chart resistance zones of 4375, 4420 & 4440!
Wednesday, 4 May 2022
US 2Y T-Note: Getting closer to 2.85% P&F chart target! Next targets are 3.275% & 4.8%!
US 2Y T-Note: Getting closer to 2.85% P&F chart target! Next targets are 3.275% & 4.8%! This comes soon after hitting the 1.85% and then 2.15% and 2.5% targets!
US 10Y T-Note marching higher to next P&F chart target of 3.425%!
US 10Y T-Note Marching higher to next P&F chart target of 3.425 and a higher target of 3.625! This comes soon after hitting upside targets of 2.775/2.825 recently!
Tuesday, 3 May 2022
EURUSD Down more than 800 points since the cloud chart cross sell signal!
EURUSD Down more than 800 points since the cloud chart cross sell signal! On its way to test support at 1.0438 zone! 
GBPUSD down more than 900 points since the cloud chart cross sell signal! Now fighting for support at 1.24 zone!
GBPUSD down more than 900 points since the cloud chart cross sell signal! Now fighting for support at 1.24 zone!
Subscribe to:
Posts (Atom)