Munchz
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So last week we had a drop and pop week! Bear trap early in the week then reverse up to create another high on this rally!
I know the bear trap caught many offguard. but it is understandable as aggressive rallies like this takes place in a bear market. Thats why you have to stay nimble! It was a call I had to make to close all my shorts on tuesday low despite being bearish on the overall trend because of aggressive rallies that can easily trap you.
But finally, 1st weakness spotted on this be...
I know the bear trap caught many offguard. but it is understandable as aggressive rallies like this takes place in a bear market. Thats why you have to stay nimble! It was a call I had to make to close all my shorts on tuesday low despite being bearish on the overall trend because of aggressive rallies that can easily trap you.
But finally, 1st weakness spotted on this be...
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Munchz
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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 $E-mini NASDAQ 100 Futures(SEP4) (NQmain.US)$ and around 4000 on the $E-mini S&P 500 Futures(SEP4) (ESmain.US)$ .
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 $E-mini NASDAQ 100 Futures(SEP4) (NQmain.US)$ and around 4000 on the $E-mini S&P 500 Futures(SEP4) (ESmain.US)$ .
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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Munchz
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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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Munchz
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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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Munchz
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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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Munchz
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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 ...
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Munchz
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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...
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Munchz
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Base off my daily counts, we are at 21/21 starting from highs of wave 2/5 on 2nd Feb. we ended interim count 13/13 which was from 10th Feb till 1st march.
21/21 could be a reversal point or it could also signify a top for the relief rally.
Base off 61.8% of Fibonacci for the $E-mini NASDAQ 100 Futures(SEP4) (NQmain.US)$ of wave 2 high to wave 3 bottom, we are looking at 14400s for the retracement top.
that would be a good sell zone for me to enter positional trades as the indices goes fo...
21/21 could be a reversal point or it could also signify a top for the relief rally.
Base off 61.8% of Fibonacci for the $E-mini NASDAQ 100 Futures(SEP4) (NQmain.US)$ of wave 2 high to wave 3 bottom, we are looking at 14400s for the retracement top.
that would be a good sell zone for me to enter positional trades as the indices goes fo...
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Munchz
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What is happening? last week invasion news, market went up. This week potential news of a peace talk and market gap down?!
is it truly a double bottom we had and now reversing to new highs?
all is explained in the video. news is SLOW. War is noise. The chart moves first. the news is the catalyst smart money use to trap retailers.
what to expect this week? some hate this kinds of market.. volatility is MONEY. if you know how to navigate it of course. you wouldn't hate it if you know how to wor...
is it truly a double bottom we had and now reversing to new highs?
all is explained in the video. news is SLOW. War is noise. The chart moves first. the news is the catalyst smart money use to trap retailers.
what to expect this week? some hate this kinds of market.. volatility is MONEY. if you know how to navigate it of course. you wouldn't hate it if you know how to wor...
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