Hello my name is Tom
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yea, and gold held 1500 even for the weekly close... I think gold smells a rat out there....
We could wake up Monday morning and have TVIX be up 40% before the bell... been a while since we seen that
Even the VVIX is on a important buy signal also
I just have this feeling based on the way the charts look and other reasons that we are about to have a liquidity event to the downside.
Seasonally between sept 20 and mid october is normally very bad for equity gains
NAK looks very explosive potential to the upside soon.
Gold price is HOLDING 1500 to close the week a very good sign.
So at 5000 per ounce gold, NAK's gold resource would be worth 355,000,000,000 355 billion dollars...
and the market cap is under 300 million now... ???!!!
Talk about a mispriced asset/stock geez..
total complacency in this market... market near all time highs !!! and yet we are about to enter world war 3... unbelievable.
This may be a stretch in interpretation, but I am seeing potentially tri star doji top pattern in SPX
and tri star doji bullish pattern in VXX
Not a perfect interpretation, but if true this is a very rare pattern and can lead to huge bottom or top
https://www.google.com/search?q=tri+star+candlestick+pattern&sxsrf=ACYBGNScZEaRV0-ITel_ef8IH97jHN9Tnw:1568644796111&tbm=isch&source=iu&ictx=1&fir=lAVp9XS3Erua_M%253A%252CIVocYL3Qg0wCpM%252C_&vet=1&usg=AI4_-kRH7-WCsDDgMsSFeACfEE4d9wu4DQ&sa=X&ved=2ahUKEwi_--aeydXkAhUJhOAKHa7fAs0Q9QEwAXoECAYQBg#imgrc=lAVp9XS3Erua_M:
yes anything is possible...
however it seems like the market is telling us that the fed decision mid week is 10 times more important than an oil field blowing up.
if they do not cut rates we will see this market go limit down and TVIX skyrocket higher.
the oil thing is a blip, the market is doing its usual behavior before fed meeting.
the market reaction and the move up in vix so far today seems very complacent reaction so far
Well guys, today is supposed to be the SAME astro that existed right at the top of August 23, 1987
so far the planets seem to be working...
I really like the setup for a crash going into and then after the long 3 day labor day weekend guys...
Looking at a swing long trade on TVIX starting Tuesday this week and hold for rest of week and into the weekend and then looking for a total plummet after the long 3 day weekend.
These 3 day weekend deals have a habit in my experience of building up huge potential energy.
other things at work right now are horrible LIQUIDITY for the markets in general which can lead to crash situations and no bid markets.
The liquidity should improve after everyone comes back from holidays next week but then it will be too late to get out (or be short)
there is also some astro that is similar to 1987
I guess we need to think big like Trump says ...
TVIX headed to 200+ in just a day or two
800 points is nothing when you look at this headline
A 40% down move in the djia from this level would be something like 10,000 points ! Shocking !
40% down in a country index
https://markets.businessinsider.com/news/stocks/argentina-on-brink-of-financial-crisis-market-rout-election-surprise-2019-8-1028443209
I think that move is coming but question is from what type of retrace
Yes so there is still time to get positioned next week. If we are lucky VIx will pull back a day or two .
The next 2 week leg up could be huge
looks like we are about to get a 2B sell signal soon in the SPX
looking like a mini crash August or September
VIX poised to spike higher dramatically
buy on dips
my fearless forecast for wednesday at 2pm is that they cut by .50 which sends the market into orbit blows out all the short positions.. but then reverses very fast back into the channel and plunges
this may be one of those times where it is better to enter the position after the fed meeting instead of before it
damn! why can't I place trades like this....
I could use an extra $4 million payday earned over a day or two to help pay a few bills.. geez.
August is supposed to be a direction change month for the DJIA
so I dont see tvix getting major traction until after fed meeting...
perhaps it will churn sideways for a week
but then mid august look out
yup, and now NUGT has topped, stock market topped, and US dollar ready to shoot straight up
nice market summary vid, looking like August is definitely the turning point
holy crap !
just did a harmonic pattern scan on VIX
and there are the following potential targets going into September
21, 33 and 52 !
wow!!
bought the low in TVIX this morning
TZA also and some IWM puts
looks like we are going downtown, risk of a market collapse
and funny thing the only techincal indicator you needed today was fact that market cannot close the deal ABOVE round number 3000
I see a huge trade developing here guys
just look at the russell 2ooo etf or the IWM weekly chart
now compare that to 2007/2008
we have the same topping formation.
we are about to roll over DOWN and collapse down into January 2020.
we are basically talking about 100 trading days.
this should start kicking into gear more heavily first or second week of august
august has a history of some huge down moves in the market... and of course september too...
there is bait fish in the water at this point... now just wait for the sharks to come...
it is nothing short of astonishing how the market is ignoring almost all bearish news
i guess just do a rate cut and the world will be fine, dont worry about oil tankers blowing up everywhere, crappy jobs numbers and imploding economic data... just buy buy buy
The current juncture looks and feels almost exactly like December 3 2018
3% down day on indices either tomorrow or Wednesday if I am right
I have to agree with you. Whoever wrote that press release needs to be fired immediately.
And why do they keep diluting the stock. I thought the environmental company helps to pay the bills when things are slow.
do you guys still see TVIX doing a super spike up rest of this week ?
market trying to bounce but struggling to get anything done.
RSI at 30 level
under RSI 30 is the CRASH zone
i thought trump wanted to be re elected... this tariff crap might really back fire by this time next year
are we going to 50 in TVIX ?
anyone else here see a mini crash in the spx
the WEEKLY VIX chart looks quite powerful
a best friend buy signal with the move above the doji
if CHINA BANS iphones from their country then look out for a CRASH
the Chinese are PISSED. they have been crossed big time and looking for revenge sending message to USA
that would be 25% of revenues for apple cut OFF
are we setting up for the BIG one here guys?
hard to get an entry on TVIX without having to chase huge opening gaps... todays runway entry seems ideal...
debating whether I should add more before afterhours close
bought some afterhours just in time.. will probably triple my position pre market... i see a big drop before the long 3 day weekend
just bought some May 28 SPY 280 puts to add a little kerosene onto the fire
From 2pm onwards is what may tip the apple cart over big time...
head and shoulder topping patterns on spx and some foreign indices...
UK100
CAC 40 head and shoulder tops..
maybe DAX too
looks like european elections and the brexit crap is going to drag us down
we are going to get another huge flush down in the SPY and another vertical spike up in VIX on or before Friday...
That volume on the downside on the SPY on May 7th was huge
we may even see VIX double from this zone by End of day FRIDAY
amazingly TVIX is STILL holding today. it has not collapsed!
get ready for tilt mode