This is bullish for stocks if rejects, beautiful monthly shooting star at supply from 2007.
This trendline has acted as resistance since 1980, broke through in Feb 2020 and now re-testing it today. This could always fail but this is such an amazing trendline for support I would take this long any day.
Love this chart for NQ, look at the OBV re-test on the bottom and channel lines up.
Such a clean OBV backtest breakout of November Highs, bouncing off the channel support. Looks like a clear Wave 2 down and now we head for Wave 3 up. Just really feeling this chart.
Hitting trendline support from 1998, hitting a trendline that also marked the March 2020 bottom. Lines up with my outlook that equities, housing and crypto have bottomed if it holds.
I'm adding here, I think when Bitcoin turns around which I think is very soon the Bitcoin Miners will outperform everything. Such a great looking bullish falling wedge. Here down to .83-.84 should be amazing buys long-term I think. See chart below for a close-up.
I noticed Reits having their largest trades EVER in the darkpools yesterday. This is a beautiful chart of Cubesmart and look at it. Housing broke resistance from 2007 in April and has now comeback to test it in Sept-Dec all while institutations are putting out paid ads to spread the doom and gloom. Everyone and their mother is repeating the housing shock. Well if...
It just hit me, should have saw this before but is what it is. Such a beautiful confluence of support right in here. GBTC also hit a trendline that marked the 3k and March 2020 bottom, I think this could be the sauce.
Energy should be topping here looking it at as a whole, OXY also at a great longterm short. Looks like a giant right shoulder on XLE from 2007, I think energy stocks should rotate into growth for the next bullish sector.
When it touched this trendline it rose by 400% the first time and 1000% the next. It also rose VERY fast. Pivitol point which could mark the bottom in BTC. Send it.
Really think even with all the bad news Chinese stocks are about to rocket, backtesting the breakout and support from 2016, this one is a hard long for me.
Can't believe I missed this trendline, beautiful resistance line, DXY needs to cool off to get the bull run going again and I think it will here soon. Might have an over throw, but there is a ton of confluence here.
I have been into this Dinasour since it started and love it. Now their work with NFT etc will make this huge. Big cup and handle, hit resistance from 2017 got a retrace to support and now I think $15 is next.
I like the fundamentals of Fantom and out of all the major coins on major exchanges Fantom is one of the highest returns back to ATH's, 14X's currently. I think alts will see ATH's. If this doesn't workout I think it at least has a return to $1 to re-test the breakdown which would be a 4x from here. I like the look when coins hit major Demand areas.
Love the look, at the golden fib, volume capitulation wick, weekly RSI at 2018 levels and I think tech bottomed, send it!
Love the look and major support re-test, going heavy long here.
Ya I don't think so, this probably marks another major bottom for crypto.
This is a trendline I have been watching for months, think it's time to load the boat, if you can't time to still hold and not sell the bottom IMO but we will see.