StockSniper00

StockSniper00

In a previous idea, I pointed out the developing fractal of the 2008 crash. On that chart, I did not have the 2008 chart adjusted properly to align with the current movements. I have updated this on this chart. We have been tracking this fractal for over half a year now with stunning similarity. I think a 50% retracement is a likely scenario which would take us to...

StockSniper00

If you use the bars pattern to cut out the 2008 crash and paste it onto the current S&P500 chart, it looks like this. So far it's been tracking very similarly and given the current macro situation of war, Fed QT and rate hikes, plus major shortages in almost every country. RIP bull market 2009-2022.

StockSniper00 Updated 

We have bounced off of the .5 fib cluster into the .382 fib cluster while also breaking out of the descending wedge. I expect that we should retrace to the .5 or .618 of the down move from $69K to $32K, which would put us in the $55-56K range. It's interesting to note that the time-based fib extension puts the .618 on 2/22/22. We could be hitting two different...

StockSniper00 Updated 

Based on weekly indicators beginning to roll over, I believe that it is now confirmed that previously realized $65K will end up being the top in 2021. Looking at historical patterns I believe that we can surmise the only path forward from here is further consolidation in the form of a bull flag. This would put the next lows in the low 20s or even in the teens as...

StockSniper00

This is just an idea that I am posting that may or may not pan out. It is not financial or investment advice. I am definitely not saying this is the way forward but as I was tinkering one night, I somehow came up with this, and the more I looked at it, the more it made sense. Using trend lines we have a potential rising wedge. Then I measured some fibs and copied...

StockSniper00

In this chart, I take a look at the chart from the perspective of measured moves and where likely algo supports and resistances are likely to be found. I measured out several FIBs from 0 to the previous few tops and from the March 2020 bottom to the previous few tops. When doing this you can see a very clear pattern of similar FIB groups ie; .382s in a range, .5s...

StockSniper00

Very bearish outlook. Looks like a choppy ride. Watch yields for direction clues.

StockSniper00

While the bond market blood bath may scare some, I believe it is an opportunity to catch a fly with chopsticks Mr. Miagi style. The narrative that bonds are selling off because of inflation fears is oversold hype and Guggenheim's CIO Scott Minerd and PIMCO's head of short-term management Jerome Schnieder...

StockSniper00

Remember the swan. Very rare. Very bear.

StockSniper00

Rare swan sighting. Look out.

StockSniper00

S&P500 is beginning to look like a fractal of the BTC chart. Here is how that would look...sort of, not to time scale. I guess it depends on what happens at the 200 day MA.

StockSniper00

People opine about the "V" in every single crash. I remember in 2008 hearing the same chatter from investment bankers on CNBC and the people who listened were crushed. Since then I've made the anatomy of a bubble my personal bible for late-stage market cycle bubble crashes. Learn it, live it, trade it. This is where you put the big boy pants on and take home run...

StockSniper00

Press F

StockSniper00

If you don't understand whats going on, its obvious. Don't catch a falling knife. If you're bullish, wait till bottom of triangle trend line but honestly you're probably gonna get burned.

StockSniper00

Bouncing off upper trend channel and retracing to .5-.618?

StockSniper00

BTC going down.

StockSniper00

Poopcoin is ponzi sausage