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The content on this site is provided as information only and should not be taken as an investment advice. This site's content shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author and are for entertainment purposes only. Any investment decision that results in losses or gains made based on any information on this site is not the responsibility of the author.
I have been trading stocks since 2008 and options since 2009. I developed an interest in stock market from my mom, who has been trading in India since 1992. I have a day job and I primarily trade for fun. My interests are technical analysis and trading options. I primarily use support and resistance levels, fibonacci retracement levels, MACD and RSI as my trading tools. To me, Elliot waves are good to explain past market movements but they are not as good in predicting future market direction.
04/26/2024 Market Outlook (Testing EMA20)
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No conclusion, let’s see the next week, maybe need wait until the FOMC
Wednesday?
The …
The post 04/26/2024 Market Outlook (Testing EMA20) first appeare...
Guesstimates on April 26, 2024
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*June S&P E-mini futures:* Inflation is coming down and the Fed is
unlikely to tighten any more. My long-standing 5400 target has nearly been
reached bu...
ES Morning Update April 26th 2024
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The Typical Scenario... No time was wasted yesterday as it put in the
bottom for my smaller B wave, which I thought might carry into today where
the final ...
Tickers To Watch Instead Of The Eclipse
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What an eventful week ahead of the Eclipse with multiple Earthquakes
reported. So many theories going around the “Tick Tocked” …
Weekend Update - Trendline rejection (3/8/24)
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SPX was rejected by the blue trendline Friday. The trendline had been
sucessfully tested four times and held since November, until now. SPX has
unable ...
High Retests Likely
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I mentioned in my post on Tuesday morning that the historical stats for the
rest of this week leaned bullish, and that the stats for next week after
the ...
Bitcoin At $50k – We Are Back!
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Wondering if Bitcoin’s latest price spike is just another fakeout… or if
the bulls are back in town for good this time? Find out in my latest video
marke...
7 February 2024
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It's still following this Andrews Pitchfork drawn over a month ago, It
appears we are in wave 3 of the final wave 5.The Large Yellow target was
drawn a l...
5/23/2023 - BTC Update
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Since my last post I was anticipating a wave [B] bounce. So far looks like
wave (a) of [B] has played out.
Wave (b) of [B] in progress. Once (b) is comp...
Stocks To Watch Next Week!
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Hey folks!
Here's a list of 9 stocks I'll be watching next week!
This is the sort of list(STOCKS TO WATCH list) emailed to *Art of Trading*
members ...
ES Hourly cloud and 4 Hour chart
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- ES Hour moving towards the hourly cloud which may act as resistance.
- 4 Hour chart shows a possible bullish candle which may give new high's
...
"Magno Arms" What Does It Indicate? Nothing Good
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*UPDATE *
As an affiliate of Elliott Wave International I'll be promoting the
following all week:
EWI has given me the OK to share Bob Prechter's April ...
Rey Gitano (2015) Streaming in hd
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Release Rey Gitano in HD Format. Now you can see Rey Gitano in HD quality
with duration Min and was published in 2015-07-10 and MPAA rating is 0.
- *O...
The VIX® – A Rear-View Mirror Or Crystal Ball
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My insights have always been – and will probably be – offered for free, but
if the information provided is helpful for your own trading business, any
donat...
S&P 500 Bearish Signal This Week
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Trader positioning continued to get more bearish across most equities and
commodities, according to the latest Commitments of Traders report released
Frida...
Specialty Coffee Association of America
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Once you’ve entered the world of coffee, eventually you will hear about the
Specialty Coffee Association of America (SCAA). So what is it and why is it
imp...
Double Top on Rubbermaid $NWL
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Quick post - just saw this chart and looked like an ideal time to go short.
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ShiftCTRL Group
May 1
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Crazy up and down market the last few weeks. 60-min system back on a sell.
The short-term VIX divergence observed in the last post is met with even
more di...
S&P 500 - April 2, 2013
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Is this the anatomy of an ending diagonal? I have lost count of number of
times in recent days I have read here, there, somewhere, somone calling a
top. I...
Key Updates to the Pulse100 Automated System
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If you haven't seen it, go check it out. I recently updated the automated
system after running it through 14 years of backtested data. Yes, that's
right, 2...
On our way downwards
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In the latest market review we posted on April 12th 2011 we forecasted:
” We are now very close to the probable time and price target.., and we
will defini...
ALERT!!!
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I have a new blog site up. This new blog site is better than this one.
Click on the following link to access it, www.dailymarketaction.weebly.com.
There are...
NEW SMT ADDRESS
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I'm starting to get a ton of spam on the blog lately so I've decided to try
moving the blog to a new address. The new address will be easier to
remember an...
SPX -FOREX
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First off I have been playing FOREX EUR/USD reason why I haven't posted
much about the SPX... So I would like to give a quick update on the SPX and
then an...
Kickoff! – Nov. 19
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Minute Degree Tops are usually Structures; bottoms are usually Spikes. A
Top in process will take days to form and can seem to take forever for a
Swing Tra...