Larry Chang
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Bull rally showing signs of exhaustion. Tuesday we were stucked at strong resistance. top of supply zone. Wednesday we failed it twice and went down and finally broke the pattern of sell early session and buy 2nd half for the pump EOD.
Today will be an interesting day for the market. it will determine whether we get a pullback or a waterfall back down to retest 61.8, 50 or 38.2 fib levels to form a higher low or a lower low by breaching 23.6.
Data has shown companies in US cuts more jobs.. 4...
Today will be an interesting day for the market. it will determine whether we get a pullback or a waterfall back down to retest 61.8, 50 or 38.2 fib levels to form a higher low or a lower low by breaching 23.6.
Data has shown companies in US cuts more jobs.. 4...
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Larry Chang
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New video is up. Watch it to understand why we have not yet reversed contrary to what many financial influencers are telling you.
we have a lack of information to confirm a reversal. But we do have many more data pointing to a larger move downwards.
However I still do not believe we are in a bear market as well compared to some very very bearish traders or analyst. I do believe we have 1 more bull rally to complete the cycle before recession hits.
So watch the analysis, but do your own dilige...
we have a lack of information to confirm a reversal. But we do have many more data pointing to a larger move downwards.
However I still do not believe we are in a bear market as well compared to some very very bearish traders or analyst. I do believe we have 1 more bull rally to complete the cycle before recession hits.
So watch the analysis, but do your own dilige...
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Larry Chang
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It keeps going up. Bulls look like they are in control of the market now. is it true? Based off fib count, pivot day is Thursday. Will we see a pullback or a sell off?
Do watch the video to find out what are the possible scenarios that might happen! There are 3 scenarios that might happen soon. As soon as this Friday we can find out where we are truly heading!
We found out through data that single stock options were very much skewed towards the call side whilst index options were skewed toward...
Do watch the video to find out what are the possible scenarios that might happen! There are 3 scenarios that might happen soon. As soon as this Friday we can find out where we are truly heading!
We found out through data that single stock options were very much skewed towards the call side whilst index options were skewed toward...
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Larry Chang
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FEDs all will be talking throughout the week. Wonder what they will say to move markets. it's going to be a very volatile week.
There is no clear buy or sell signal now. Based off my video the bias is still down. watch to understand better. there are many factors to consider if this was going to be the next bull rally despite it might seem like it is. but there are many similarities of this correction to the 2018 one. which both happens to be a wave 4 correction. only one for primary structure ...
There is no clear buy or sell signal now. Based off my video the bias is still down. watch to understand better. there are many factors to consider if this was going to be the next bull rally despite it might seem like it is. but there are many similarities of this correction to the 2018 one. which both happens to be a wave 4 correction. only one for primary structure ...
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Larry Chang
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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...
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Larry Chang
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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 ...
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Larry Chang
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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...
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
Larry Chang
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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 ...
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Larry Chang
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What are some of the ways to use the MACD?
MACD can be used to identify the trend as it is a momentum oscillator. But it can also be used as a indicator to help give you trading signals. There are also ways to use the MACD as a way to spot divergences. Let me go through them 1 at a time.
How to identify the trend with the MACD?
The MACD consist of 2 lines, the signal line and the MACD line. Both lines are made up of EMA. So we have the Signal line which is the fast line, us...
MACD can be used to identify the trend as it is a momentum oscillator. But it can also be used as a indicator to help give you trading signals. There are also ways to use the MACD as a way to spot divergences. Let me go through them 1 at a time.
How to identify the trend with the MACD?
The MACD consist of 2 lines, the signal line and the MACD line. Both lines are made up of EMA. So we have the Signal line which is the fast line, us...
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Larry Chang
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$BABA-W (09988.HK)$ $Alibaba (BABA.US)$ been talking about baba touching 60 to fill imbalance gap. many didn't believe. they said 100 is bottom. after that they say 80 is bottom. now at 70s ppl start believing 60s is possible. technicals don't lie. I'm not a fortune teller but the technicals already pointed to 60. never be overly bias on the direction as that will help you lose money. there is no bear or bull side. remember there is only 1 side, the right one. be on the right side of the trade.
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