SkyITLimit
liked and commented on
Everyone has been calling BTFD! Have we truly bottomed?
Based off my analysis, we still have yet to complete the measured move down to 12200 on the $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ and around 4000 on the $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ .
There is still tons of downside from here. As much as it seems like a reversal the past 3 days, bearish divergences have been starting to form again signifying downside coming. Everytime we form regular bearish divergence on the 4...
Based off my analysis, we still have yet to complete the measured move down to 12200 on the $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ and around 4000 on the $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ .
There is still tons of downside from here. As much as it seems like a reversal the past 3 days, bearish divergences have been starting to form again signifying downside coming. Everytime we form regular bearish divergence on the 4...
44
783
SkyITLimit
liked and commented on
What are we to expect from FOMC today? 25BP is what I know the FEDs want as they can't service their current and future debts with high interest rates. But 50BP I feel might be their move as inflation has yet to peak despite all the promises since 2021. Let's see tonight.
Yields have inversed on the 7yr and $Cboe Interest Rate 10 Year T Note (.TNX.US)$ and the spread between the 2yr and 10yr is getting tighter signalling incoming inverse curve which I have been warning since 16th Jan. Yesterday ...
Yields have inversed on the 7yr and $Cboe Interest Rate 10 Year T Note (.TNX.US)$ and the spread between the 2yr and 10yr is getting tighter signalling incoming inverse curve which I have been warning since 16th Jan. Yesterday ...
53
1289
SkyITLimit
liked and commented on
This year so far has been a very fruitful year. and it's only been 3 months!
This week will also be a very interesting one. Whether you are on the bull or bear side, your portfolio will show if you are on the right side.
Capitulation is coming. Many new investors again will get another shock on why their favourite stocks still keep selling off like there is no end.
Is the bear market really here?! With the recent news of war, inflation, FED's decision for interest rate hikes, commodities spik...
This week will also be a very interesting one. Whether you are on the bull or bear side, your portfolio will show if you are on the right side.
Capitulation is coming. Many new investors again will get another shock on why their favourite stocks still keep selling off like there is no end.
Is the bear market really here?! With the recent news of war, inflation, FED's decision for interest rate hikes, commodities spik...
63
903
SkyITLimit
liked
How are some of the ways I use the EMA?
I often use the EMA to check of existing trend and also to give me a dynamic support/resistance to open a position.
EMA is often used by me as when I'm doing Day trading or swing trading. I use it on the all time frames from the 1min up to the daily, weekly and monthly charts. I will show you some examples on the futures chart as you can see below $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$
How to use it for Day trading:
You can see the ...
I often use the EMA to check of existing trend and also to give me a dynamic support/resistance to open a position.
EMA is often used by me as when I'm doing Day trading or swing trading. I use it on the all time frames from the 1min up to the daily, weekly and monthly charts. I will show you some examples on the futures chart as you can see below $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$
How to use it for Day trading:
You can see the ...
52
25
SkyITLimit
commented on
Are we about to get a double bottom or a new low?! It's all pointing to one outcome and only one. new lows. do watch the video to understand more. don't be stubborn and go against the trend. it's the fastest way to lose your money.
we are very close to a bottom and the end of the correction. catalyst is stated in the video. watch to find out. price targets for the correction conclusion is also stated so you know what levels to start buying in at.
stocks tagged inside all has their technical ...
we are very close to a bottom and the end of the correction. catalyst is stated in the video. watch to find out. price targets for the correction conclusion is also stated so you know what levels to start buying in at.
stocks tagged inside all has their technical ...
66
287
SkyITLimit
commented on
Are we reversing? huge pump yesterday. but falling again today! Those who do not know what is going on will get confused. And many will fall into the trap created by the smart money.
question would be, which is the real trap? bear or bull trap?! my bias hasn't changed and I have explained them all in the video below. so take your time and listen through why I am so firm on the analysis. Data don't lie.
Don't go against the trend.
As always, trade safe and invest wise!
Subscribe to my YouTube ...
question would be, which is the real trap? bear or bull trap?! my bias hasn't changed and I have explained them all in the video below. so take your time and listen through why I am so firm on the analysis. Data don't lie.
Don't go against the trend.
As always, trade safe and invest wise!
Subscribe to my YouTube ...
70
892
SkyITLimit
commented on
$Alibaba (BABA.US)$ sigh. will I ever see any profits out of this? should I just sell to minimise my loss?
3
3
SkyITLimit
commented on
We are on the way to break the prior lows and create a lower low. As we are on wave 3 now and also possibly the final wave down before we conclude the correction, it is going to be the leg that is the fastest and the one that catches everyone off guard.
Smart money has trapped most retailers by now playing with everyone feelings going up and down each time creating a lower low and lower high. after trapping, it's time to now flush them out.
This will be the leg where margin calls will activat...
Smart money has trapped most retailers by now playing with everyone feelings going up and down each time creating a lower low and lower high. after trapping, it's time to now flush them out.
This will be the leg where margin calls will activat...
57
1024
SkyITLimit
liked and commented on
Personal milestone achieved so far would be having this great community in MooMoo. Im glad I am able to help many new guys here with technical analysis and even economic data analysis while sharing experiences and also news with each other.
Investing used to be very private as it was something not many people share or talk about. Portfolio used to be more private and confidential. But come 2020 after March crash, more new investors came into the market and with new platforms li...
Investing used to be very private as it was something not many people share or talk about. Portfolio used to be more private and confidential. But come 2020 after March crash, more new investors came into the market and with new platforms li...
56
18
SkyITLimit
commented on
So have we bottom out yet? 2 weeks ago many were saying we have bottomed. last week as well, many came out to say we bottomed. I kept saying NO. even influential and seasoned investors came out to say we have bottomed.
In my video I explained the data pointing why we have not bottom yet. Vix curves, yields, crude oil, divergences, price action, volume analysis. All this data available points us to more downside. Watch and understand yourself why I say we have not bottom.
That's why I kept say...
In my video I explained the data pointing why we have not bottom yet. Vix curves, yields, crude oil, divergences, price action, volume analysis. All this data available points us to more downside. Watch and understand yourself why I say we have not bottom.
That's why I kept say...
43
380
SkyITLimit : MM really don't give chance....milk until dry dry...
SkyITLimit Conger 81 : I have been adding also....running out of bullets...
SkyITLimit : Don't let MM screwed our minds...
Repaet what Bro 101 says, enjoy the ride down
SkyITLimit Conger 81 : Well said.
I am in worst situation....
SkyITLimit : Stay positive.
Worst case is lose all. Then just go back to work hard and save some more, learn more. When the time is right come back again.
View more comments...