Get started

Crash

Dire warning by $JPM CEO - We've been saying this for some time.Good Morning Update!!!!!!! The real #economy is NOT represented by #equities or other public investments. NYSE:JPM CEO has been vocal on what has been happening but this is his most dire warning in some time. Personally, am shocked this gets air play. --- #yield pumping a bit after "hotter" #inflation than expected reported. 2 things we've been saying for some time!!!!!!! Be in #stocks but, Have Hard assets!!! #gold #BTC #silver Pls see our profile for more info!!!
TVC:US10Y
by ROYAL_OAK_INC
Writing On The Wall.Where to begin. I think it's about time investors started thinking more seriously at the immensity of the financial problems sitting at the door step, and the worst part is that it isn't going away if we ignore it. The Fed has created the largest bubble in US history. In 2008, when the banks gambled and lost, the Fed stepped in with new measures to "stop" the crisis. We all know the story.... they created a new financial tool called Quantitative Easing or QE for short, which was a bond buying, MBS, corporate bond buying spree. In addition, they slashed interest rates to 0.25%. This caused stock markets to explode upward as well. What did they achieve? They created a spending spree like no other. Cheap money. Loans were cheap and we saw rapid growth in loans. This cheap money hit housing, autos, commercial sector and banking sector. It was a spending spree, consumerism at its finest. You can see this rapid recovery in US Credit Impulse Index in 2010 thanks to a 0% FFR. Retail grew and discretionary spending rose. It seemed like everything was great and will always be great. How much did it cost? It cost the US over $9 trillion, but globally the cost of QE is north of $25 trillion. What's the issue? The issue is that the house of cards is collapsing, and central banks can no longer hide the inflation caused by printing. Don't be fooled, this inflation was NOT caused by supply and demand. Demand has collapsed for well over a year now and yet inflation remains rampant. You can confirm this with numerous metrics from retail, discretionary spending, durable goods orders, wholesale inventory and so on. Demand has fallen, supply has recovered for the most part. The next issue is that the Fed is tightening faster than it has in the last 40-years. The shock of this has begun hitting the economy, starting with auto and housing markets taking the first of the brunt, and they have only begun suffering. Next we will see corporations taking the hit, bonds, banking system, and jobs. Remember folks, it takes about 14-18 months for rates to fully hit the economy . The Fed holds their grounds based on a strong labor market, but with continuing joblessness claims continue higher and the great layoff will begin this year. The labor market will take a hit as well. Is there a solution? No. Anyway you cut it, there is trouble. If central banks ease again, inflation will rise again. If central banks continue to tighten. it will cause more pain in other sectors. Banking was the first shoe to drop. Layoffs are rampant, especially in the Tech Sector with constant layoffs being announced. Corporations are doing what they can to stem losses, which means cutting payroll and clearing off debts. The term bankruptcy is one that is being used more and more. Bulls hope for easing Often you see bulls getting very giddy on the thoughts of the Fed cutting rates and restarting QE. I often shake my head in disbelief that they can be so naive and foolish. Even IF the Fed did so, the consumer is spent. You have record high personal debt and record low savings which means retail will NOT come back and neither will discretionary spending. Don't expect a magic turn around in corporate earnings because it won't happen. How to prepare Diversify. Safe havens like treasuries will turn sour as the unsustainable debt and spending will finally be realized and trust in these "safe havens" will quickly disappear. The safest bet has always been metals. Hence why banks stock metals like silver and gold and not paper or cryptocurrency. People want quality. Get out of debt quick, and start with small debts and move up. Op-ed I believe we are on the cusp on some serious financial turmoil and the markets will confirm this. We're on the verge of another wave down of this massive bear market. This crash seems more like a slow decent to the bottom rather than a March 2020 crash. We should easily slice through 3300 of the S&P (338 SPY) and start heading down to the next lows. The economic data supports this. Just remember, we've only now begun to taste the effects of rate hikes fully. 2023-24 will be tough for the financial system. Even the Feds Chairman stated that there is still a possibility of a soft landing. This means the odds are against a soft landing and I believe they know it. The next financial system is being setup now, it'll be a digital currency and in the mean time, this crash will reset debts and clear out all the bad debts. I've been a bear ever since March 2020, when they started pumping everything again. I knew it would be short lived because it was unsustainable. Markets are heading back to actual values that reflect a company's earnings. Some stocks are trading well over 25x earnings. It's absolute bogus, especially looking at this economic situation. It makes no sense. They'll keep trying to keep markets afloat to make everything look good but it really isn't and all the toxicity will overwhelm to deception.
AMEX:SPYShort
by WorldEconomics
Chainlink Market Analysis: The End ❌Chainlink has seen a significant surge in momentum over the past few days, fueled by various speculations about potential developments. However, when we delve into the chart technicalities and set aside external noise, we uncover a fascinating narrative: Chainlink has been in an accumulation phase from May 2, 2022, to the end of October 2023. This phase marked the conclusion of our previous bull run and effectively ended the corrective period, ushering in a new cycle. 🔄 This cycle may now have concluded, poised to enter a Wave 2 correction, expected to retrace between 50 to 78.6%. The 50% retracement level, aligning with the subordinate Wave 4 at $12.67, is particularly noteworthy. As for the current Wave 5, we've reached a potential area, with projections extending up to a maximum of $25. Yet, our analysis leans towards a consolidation around $20.30. 🔍 Observing the 4-hour chart, we regret to note that we missed capitalizing on this ascent due to a breakeven stop-out after securing profits, just as we're nearing the completion of Wave 3. Currently at the 161.8% extension, this level might either hold or be surpassed. If exceeded, a climb up to $27 could ensue. However, given our daily timeframe analysis capping at $25, we discount this scenario, anticipating a peak at the 261.8% extension, or $23.54, before a subordinate Wave 4 and a subsequent overarching final Wave 5 unfold. 📉 A correction down to at least $12.67 is anticipated thereafter. We'll continue to monitor the situation closely, ready to adjust our entry points should Chainlink's trajectory ascend further.
CRYPTO:LINKUSD
by stromm_by_wmc
4
$SPY $470 Target by 3/1 💭 $483 by Friday 2/8 $470 by 3/1 $460? Essentially it might be extremely dangerous trying to swing weeklies but it could very well be beneficial to swing Monday $490 Puts. Depending on SPY price by Wednesday, they could pay large amounts as I see the move happening in just 2-3 days, somewhere between Tuesday 2/6 and Monday 2/12, expect $478. This image here is from the March 23' BTFP run into the end of July 23'. Resemblance should not be ignored.
AMEX:SPYShort
by TazmanianTrader
SMCI is pumped up to the stars on 100% pure speculation.SMCI - Super Micro Computer, Inc. has been on an absolutely incredible run for quite some time. However, the sheer amount of FOMO that has rushed into this stock has literally driven it to the moon on nothing but pure speculation. But that momentum is about to come to an abrupt end! Here soon, you're going to see the buying flip to selling as the shorts start to enter into massive short positions. As the price falls, stop after stop will be taken out in rapid succession, causing longs to panic and add to the selling... First, it will drip, then it will start to gush, then a spark will ignite, and within hours the whole shithouse will go up in flames! When this collapses, millionaires will be made in a matter of hours, and many longs will become bag-holders squared! Watch...
NASDAQ:SMCIShort
by MetaShackle
4
The ETF AftermathIt has been 1 year almost to the day since my last publication and what a 12 months it has been. I previously laid out the case for a pending future recession but not before we saw massive regular bullish divergence play out on the monthly time frame for Bitcoin. Since then we've seen a 187% move in BTC, a 25% move in the S&P 500 and every commentator, pundit and analyst confident that a recession has been avoided and a soft landing inevitable. I'm here now telling you that I believe it to be no coincidence that the previous fundamental legacy events of which bitcoin has experienced in its past, once in Dec 2017 and the other in April 2021 has resulted in massive price corrections of 83 and 53% respectively within days of the CME and IPO announcements. Albeit the likelihood of such massive corrections are lesser given where we are in the macro cycle I do believe a sizable correction will occur days following this announcement. What is of significant interest on the chart is the previous macro fibonacci extensions of the precious 2 cycles. That being a confluent correction at the 0.5 fib level and seeing a 40% and 72% correction there after. A 0.5 extension in this current cycle would suggest a monthly wick above $48500 followed by again a sizable correction. To pontificate as to the extent of this correction I pose the following possibilities. -A 30% drawdown to the 200 SMA, a support level which has served Bitcoin well historically -A 40% drawdown to the 6 and a half year support line of macro lows. -Or an unthinkable 70% correction somewhere around the previous bear market low, 2017 bull market high and the resistance held in July 2019 and Aug 2020. For this to take place we need to consider some very worst case scenarios and evaluate the current macro/geopolitical landscape. -Escalation of war in Russian Ukraine. -Escalation of war in Israel Palestine. -Military development of China's desire to remove Taiwan's international independence. -The largest inversion of the 10 year 2 year yield curve in 40 years. -The largest contraction of US M2 money supply since the great depression. -A continuation of what is already a 50% crash in China's real estate market. -A UK real estate crisis once affordability ceases as mortgages need rolling over after a 10,000% increase in interest rates. -A US real estate crisis as 11 monthly falsified unemployment data is realised -The energy and manufacturing crisis in europe compounded by the highest debt to GDP ratio in its history -A Hollywood presidential election between a criminal and a dementia patient. My point is the macro landscape is looking unpredictable and the TA has much confluence. This feels very much like it did in the beginning of 2020 just before the un-inversion of the yield curve and the then pending recession. It's almost like something globally needs to be orchestrated in order to create an excuse to lower rates and roll the debt over for another 4 years!! Who knows it might even be a cyber attack and CBDC implementation ;-) Either way Bitcoin will still be doing its thing. Keep yourself and those satoshi's safe.
INDEX:BTCUSDShort
by MrGoose83
I LATE PUBLISHED THIS, BTC wyckoff schematic #1:Brace yourselves! The chart is a crystal clear warning siren for an impending crash in the Bitcoin market. What we're seeing here is the textbook setup of a Wyckoff distribution phase, a manipulative masterpiece played out by the smart money to trap unsuspecting retail investors before the rug is pulled. Phase A was just the smart money dipping their toes, testing the waters for liquidity. Phase B, the buildup, was where they revved up the engines, creating a façade of a bullish frenzy, drawing in the crowd with the hype. But then, boom! Phase C hit with the Outthrust After Distribution (UTAD), the classic fake-out move. It's the smart money whispering, 'This is as high as we go, folks,' before they start offloading their bags onto the latecomers. Now, as we edge into Phase D, the Sign of Weakness (SOW) has revealed itself. This isn't just a dip to buy; it's a cliff edge. The Last Point of Supply (LPSY) attempts are feeble, and the demand is drying up faster than a puddle in the Sahara. And what's next? Phase E. The markdown. The avalanche. This isn't just going to be a correction; it's shaping up to be a freefall. The volume profile is whispering secrets of a sell-off that's ready to stampede. Those support lines? They'll snap like twigs under a boot. We're not just talking about testing lows; we're talking about rewriting the bottom line. This is the moment where fortunes are lost, where the latecomers holding the line get burned. The chart is screaming caution. It's not a matter of if, but when. The crash is looming, and it's going to be cataclysmic. Don't be the one left holding the bag when the smart money has cashed out and left the building. This is your warning! | TO BE FORMAL AND PROFESSIONAL. Here's a breakdown of the typical phases and events in the Wyckoff Schematic #1, as they might relate to your chart: Phase A: This phase marks the stopping of the prior uptrend. Key elements include: Preliminary Supply (PSY): Where large interests begin selling the coin and volume increases. Buying Climax (BC): Where demand is fully satiated, and there is heavy buying from the public, leading to a sharp rally and subsequent sell-off. Automatic Reaction (AR): The immediate sell-off after the buying climax, setting a range for the trading range (TR). Phase B: This phase is characterized by building a cause for the new downtrend. Secondary Test (ST): Where the market tests the supply and demand balance at the upper and lower bounds of the TR established in Phase A. Upthrust (UT): A test above the TR that fails and falls back into the range, showing that demand is not strong enough to break through the supply. Phase C: This phase indicates the readiness to leave the TR and begin a new downtrend. Upthrust After Distribution (UTAD): A sign of weakness, where price goes above the TR again but attracts heavy selling from the smart money, confirming they are distributing their holdings. Phase D: The price begins to move downward as the distribution phase is ending. Sign of Weakness (SOW): Price action that moves below the support level of the trading range, suggesting that supply is overwhelming demand. Last Point of Supply (LPSY): The final attempt to move up into the TR, which fails due to lack of demand. Phase E: This is the markdown phase where the price declines. The chart depicts a series of lower highs and lower lows, consistent with a bearish trend. The annotations on your chart suggest that the analyst is anticipating a bearish market based on the Wyckoff distribution phases. They have marked out specific events and are forecasting a continued downtrend into the future phases (D and E). It's important to note that while Wyckoff's methodology is respected among some traders, it's not infallible and should be used in conjunction with other forms of analysis and risk management techniques. The chart also includes some narrative annotations about market events, like SEC announcements, which the analyst is using to support their interpretation of the price action within the framework of the Wyckoff Method. These external factors are used to give context to the price movements and potentially indicate the actions of institutional investors. I hope I was early to warn everyone but I did, just forgot to do it here in TradingView.
Short
by osodatsismoso
The crash just starting This is a huge bull trap in history as I was wrong about the push up but expecting for it to happen but overall the bears win this one. $95 is the neckline if that breaks then the bears will fully dominate the market so if the buyers pullback inside the 45$ zone if fails then we will drop all the way down to $20 and it’s possible to go a lot lower than that. This is a huge concerning for the bulls and there’s no way we will see a bulls coming back soon since now bears are dominating for now. To me right now is the crash is barely about to start. Bears target : 45$ Bears target 2: 20$ If bears aren’t satisfied enough then we will break lower than $20
BINANCE:SOLUSD
by JoyBoyVegae
8
Is Filecoin Going to $0.10 (10 cents)? 99% Crash Coming?Is Filecoin Going to $0.10 (10 cents)? 99% Crash Coming? Filecoin had a BIG TIME rejection. I have warned people! But they alufed at me. I think filecoin can go to $0. If you have bought filecoin above $10, chances are 99.4% you will never even break-even, which is shocking considering some people have bought this at $230! The fact that this coin was $230 and today can't even be $10 after massive bull run, speaks volumes! $0.10 is realistic!
Short
by couldntcomeupwithone
7
DJI Dow Jones Fell 8.60% After the Last U.S. Credit DowngradeOn Tuesday, Fitch Ratings downgraded the US debt rating from the highest AAA rating to AA+, citing concerns over "a steady deterioration in standards of governance." This downgrade occurred in the wake of last-minute negotiations among lawmakers to secure a debt ceiling deal earlier this year, which posed a risk of the nation's first default. Following a similar credit downgrade in the past, the DJI Dow Jones Industrial Average experienced an 8.60% decline over a period of 3 months. The downgrade by S&P, one of the three major credit rating firms, took place on Aug. 5, 2011, after another significant debt ceiling battle. As of today, the U.S. 10-year Treasury yield has risen to 4.15%, reaching its highest level since November 2022. If we are to fell -8.60%, the Price Target for DJI is $32500. Looking forward to read your opinion about it!
TVC:DJIShort
by TopgOptions
XRP - THE ROAD TO 1.20-1.30$ EXPLOSION FOLLOWED BY CORRECTIONXRP is holding 0.55$ Support area after the recent liquidation. If it maintains at this level, we can continue with the movement and climb up towards 1$ at least. The conservative de-risk play, would be around 1.07-1-13$ . While most ambicious one is around 1.20-1.30$. This triangle is in play and we are in PHASE D. This is why is still have this impulse left towards a dollar and above. After that, I can say we may visit again the 0.60 territory. This may sound crazy, but this is how the overall cryptomarket is looking. We are in the Wave 3. Once this finishes, Wave 4 corrective, A,B,C comes. Therefore, we must prepare to capitalize even more. **PREPARE NOW. GET INTO POSITIONS. HOLD AND DO NOT DOUBT**
BITSTAMP:XRPUSDLong
by xReve
1
XRP HOLDING CRITICAL SUPPORT! LAST SHAKE OUT BEFORE 1.13$After the critical liquidation that took place today, 03/01/2024, XRP is fighting to hold the 0.55$ support. IF XRP manages to close the daily higher than the GREEN trendline, at around 0,55$, we are good for continuation and the continuation of the automatic rally. This recent crash was to liquidate retail investors due to the recent immense increase in the Altcoin market. Do not get distracated. DO not doubt about the current situation. They want you out for whats to come in the next 1-2 months. XRP is set to reach at least 1.07$-1.13$ in the upcoming days, maximum reaching 1.30$ if it overextends. This is time for accumulating more XRP. Don't lose focus! Cheers!
Long
by xReve