Daily Checklist Before The Market Opens | Jul-22 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 2 out of 5.79
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 100.99-96.52
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 51.10%
🚀Daily Expected Move: ±3.07
🚀Weekly Expected Move: ±6.76
🚀Monthly Expected Move: ±14.07
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 23 out of 5.68
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1834.9-1783.4
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 18.71%
🚀Daily Expected Move: ±20.29
🚀Weekly Expected Move: ±44.67
🚀Monthly Expected Move: ±92.99
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: NO
🎯Stats: 4 out of 5.36
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 105.440-104.405
3️⃣Options IV: 12.04%
🚀Daily Expected Move: ±0.81
🚀Weekly Expected Move: ±1.79
🚀Monthly Expected Move: ±3.72
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 6 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 31732.5-29432.5
🛸Buy UFOs: 20832.5-18922.5
3️⃣Options IV: 86.43%
🚀Daily Expected Move: ±1279.88
🚀Weekly Expected Move: ±2817.53
🚀Monthly Expected Move: ±5865.17
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Cycle
Daily Checklist Before The Market Opens | Jul-21 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 1 out of 5.79
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 105.24-100.89
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 47.54%
🚀Daily Expected Move: ±2.84
🚀Weekly Expected Move: ±6.24
🚀Monthly Expected Move: ±13.00
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 22 out of 5.68
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1744.3-1704.5
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 19.26%
🚀Daily Expected Move: ±20.38
🚀Weekly Expected Move: ±44.87
🚀Monthly Expected Move: ±93.41
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: NO
🎯Stats: 3 out of 5.36
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 105.440-104.405
3️⃣Options IV: 12.48%
🚀Daily Expected Move: ±0.84
🚀Weekly Expected Move: ±1.85
🚀Monthly Expected Move: ±3.85
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 5 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 31732.5-29432.5
🛸Buy UFOs: 20832.5-18922.5
3️⃣Options IV: 86.79%
🚀Daily Expected Move: ±1257.06
🚀Weekly Expected Move: ±2767.29
🚀Monthly Expected Move: ±5760.57
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Daily Checklist Before The Market Opens | Jul-20 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 1 out of 6.75
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 105.24-100.89
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 48.77%
🚀Daily Expected Move: ±3.04
🚀Weekly Expected Move: ±6.69
🚀Monthly Expected Move: ±13.92
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 21 out of 5.68
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1744.3-1704.5
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 18.63%
🚀Daily Expected Move: ±20.06
🚀Weekly Expected Move: ±44.16
🚀Monthly Expected Move: ±91.93
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: NO
🎯Stats: 2 out of 5.36
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 105.440-104.405
3️⃣Options IV: 12.58%
🚀Daily Expected Move: ±0.85
🚀Weekly Expected Move: ±1.86
🚀Monthly Expected Move: ±3.87
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 4 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 31732.5-29432.5
🛸Buy UFOs: 20832.5-18922.5
3️⃣Options IV: 84.36%
🚀Daily Expected Move: ±1266.10
🚀Weekly Expected Move: ±2787.20
🚀Monthly Expected Move: ±5802.02
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Daily Checklist Before The Market Opens | Jul-19 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 13 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 105.24-100.89
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 49.66%
🚀Daily Expected Move: ±3.05
🚀Weekly Expected Move: ±6.71
🚀Monthly Expected Move: ±13.96
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 20 out of 5.68
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1744.3-1704.5
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 19.42%
🚀Daily Expected Move: ±20.99
🚀Weekly Expected Move: ±46.20
🚀Monthly Expected Move: ±96.17
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: NO
🎯Stats: 1 out of 5.36
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 105.440-104.405
3️⃣Options IV: 12.92%
🚀Daily Expected Move: ±0.87
🚀Weekly Expected Move: ±1.90
🚀Monthly Expected Move: ±3.96
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 3 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 31732.5-29432.5
🛸Buy UFOs: 20832.5-18922.5
3️⃣Options IV: 84.93%
🚀Daily Expected Move: ±1194.81
🚀Weekly Expected Move: ±2630.25
🚀Monthly Expected Move: ±5475.30
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Daily Checklist Before The Market Opens | Jul-18 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 12 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 105.24-100.89
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 51.77%
🚀Daily Expected Move: ±3.15
🚀Weekly Expected Move: ±6.94
🚀Monthly Expected Move: ±14.45
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 19 out of 5.68
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1744.3-1704.5
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 19.27%
🚀Daily Expected Move: ±20.86
🚀Weekly Expected Move: ±45.91
🚀Monthly Expected Move: ±95.57
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 14 out of 4.94
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 107.615-106.530
3️⃣Options IV: 12.84%
🚀Daily Expected Move: ±0.87
🚀Weekly Expected Move: ±1.91
🚀Monthly Expected Move: ±3.97
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 2 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 31732.5-29432.5
🛸Buy UFOs: 20832.5-18922.5
3️⃣Options IV: 84.30%
🚀Daily Expected Move: ±1185.95
🚀Weekly Expected Move: ±2610.74
🚀Monthly Expected Move: ±5434.68
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Gold. I’m reholding bigger cup’s handle tighter. 16/July/22.Gold. I’m “ re- holding” my bigger golden cup’s handle ideas “tighter” with 2 reason at chart. Sorry unlike Conventional Technical Analysis e.g RSI, MACD, MA or support/resistance, today I gonna talk about the ideas/ concepts of cycle on charts which is the x- axis of any charts. just to “find” the “probability “ of gold’s next “moves”..
Daily Checklist Before The Market Opens | Jul-15 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 11 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 105.24-100.89
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 53.03%
🚀Daily Expected Move: ±3.20
🚀Weekly Expected Move: ±7.05
🚀Monthly Expected Move: ±14.68
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 18 out of 5.68
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1834.9-1783.4
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 19.60%
🚀Daily Expected Move: ±20.98
🚀Weekly Expected Move: ±46.19
🚀Monthly Expected Move: ±96.16
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 13 out of 4.94
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 107.615-106.530
3️⃣Options IV: 13.70%
🚀Daily Expected Move: ±0.93
🚀Weekly Expected Move: ±2.06
🚀Monthly Expected Move: ±4.28
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 1 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 22452.5-21237.5
🛸Buy UFOs: 14347.5-13027.5
3️⃣Options IV: 78.94%
🚀Daily Expected Move: ±1044.90
🚀Weekly Expected Move: ±2300.24
🚀Monthly Expected Move: ±4788.33
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
BTC/USD cycle bottom found - time to celebrate?This analysis is not intended to be a piece of financial advice.
It is affirmative to believe that Bitcoin Cycle Bottom is technically formed and found. The market may show some rally, as well as a reversal to retest the Cycle formation so the swings will benefit. Markets may anticipate some relief as the labor report is above expected numbers. The next interest rate may likely be not 75 basis points; instead, it is likely that Fed may reconsider going for 50 basis points that will help sustain the Bottom Formation. Still not a time to go Long. If one should, setting a limit of 18.8k can prove to be a wiser move.
Daily Checklist Before The Market Opens | Jul-14 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 10 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 105.24-100.89
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 51.76%
🚀Daily Expected Move: ±3.06
🚀Weekly Expected Move: ±6.73
🚀Monthly Expected Move: ±14.00
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 17 out of 5.68
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1834.9-1783.4
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 18.36%
🚀Daily Expected Move: ±19.77
🚀Weekly Expected Move: ±43.53
🚀Monthly Expected Move: ±90.60
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 12 out of 4.94
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 107.615-106.530
3️⃣Options IV: 12.70%
🚀Daily Expected Move: ±0.87
🚀Weekly Expected Move: ±1.91
🚀Monthly Expected Move: ±3.98
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 3 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 22452.5-21237.5
🛸Buy UFOs: 14347.5-13027.5
3️⃣Options IV: 83.11%
🚀Daily Expected Move: ±1046.69
🚀Weekly Expected Move: ±2304.19
🚀Monthly Expected Move: ±4796.56
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Pi-Cycle Bottom PossibilityThis is the 2015 Pi-Cycle Bottom Indicator copy and pasted over the current price and aligned with yesterday's crossing. There are some similarities between the price action in 2015 and now. If something similar plays out, we may see some significant downside in the next few days. This wouldn't be a surprise as the CPI print yesterday was 9.1% and downside in most markets is to be expected.
Similar to yesterday, in 2015 the price was in a small uptrend when the indicator crossed, which turned out to be a bull trap. This could play out in a similar fashion.
Did we confirm bottom on BTC?Pi cycle bottom and top indicator has been pretty accurate over the history of bitcoin price action. It is currently once again flashing "bottom." If history repeats itself we may see a price action similar to what I projected in the chart aligned with the long term trendline.
The Pi Cycle Indicator forecasts the cycle top and bottom of Bitcoin’s market cycles. It attempts to predict the point where Bitcoin price will peak before pulling back or will bottom before it takes off. It does this on major high time frames and historically has picked the absolute tops and bottoms of Bitcoin’s major price moves throughout most of its history.
BTCUSD cringe log chartThe idea that something which never happened can't happen is a silly one
On high timeframe BTC goes up from inception
"So it's just gonna go up from here and never look back. Why ? because it never does."
That is so silly
- it also never tested a previous cycle top until last month
- never closed below the 200 weekly or whatever until last month
Pattern breaks
While I do think the low 10k is a good buy, I don't understand why it couldn't oscillate around these price for years, or decades, lose this range and never go back or pump the million ? Why not?
"goofy prediction dude"
Same was said to the one targeting 30 when we were above 60
Daily Checklist Before The Market Opens | Jul-13 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 9 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 105.24-100.89
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 54.40%
🚀Daily Expected Move: ±3.31
🚀Weekly Expected Move: ±7.28
🚀Monthly Expected Move: ±15.15
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 16 out of 5.69
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1834.9-1783.4
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 19.78%
🚀Daily Expected Move: ±21.52
🚀Weekly Expected Move: ±47.37
🚀Monthly Expected Move: ±98.62
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 11 out of 4.94
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 107.615-106.530
3️⃣Options IV: 12.52%
🚀Daily Expected Move: ±0.85
🚀Weekly Expected Move: ±1.87
🚀Monthly Expected Move: ±3.90
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 2 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 22452.5-21237.5
🛸Buy UFOs: 14347.5-13027.5
3️⃣Options IV: 83.92%
🚀Daily Expected Move: ±1042.09
🚀Weekly Expected Move: ±2294.06
🚀Monthly Expected Move: ±4775.47
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
🔥 Bitcoin Pi-Cycle Bottom Indicator Signals Bear Market BottomBefore we dive deeper into the analysis I want to give a quick overview of what the pi-cycle bottom indicator is,
"The indicator comprises a 471-day simple moving average (SMA) and a 150-period exponential moving average (EMA). Furthermore, the 471-day SMA is multiplied by 0.745; the outcome is pitted against the 150-day EMA to predict the underlying market's bottom."
In short, the Pi-Cycle bottom indicator is similar too the Pi-Cycle top indicator, but with different values.
Historically, the Pi-Cycle bottom indicator has signaled the BTC bear-market bottom within 3 days of the signal. This would mean that the BTC bottom will be in within the next three days.
However, will the pi-cycle bottom indicator work again this time? There's only two previous instances of the indicator working, one can't really deduce statistical validity from an N=2. Funnily enough, people said the same thing about the Pi-Cycle top indicator last year. In hindsight, the Pi-Cycle top indicator did a great job signaling the technical top for the current BTC cycle (technical top = top based on indicators and on-chain metrics).
Will this time be different? Maybe.
The current macro-economic outlook is vastly different from the previous cycles. Bitcoin's correlation with the stock market has never been this high and, with inflation still on the rise and a recession looming, stocks are more likely to go down than to go up in the near-future. Unless today's CPI numbers will cause a huge 20%-30% sell-off, I don't think that BTC will bottom within the next three days. Time will tell.
Nevertheless, I think that this indicator is one of the better bear-market bottom indicators. Bottoms never occur when people expect it.
Topglove long term cycle analysis. 13/July/22.Topglove as the chart. Its long term cycle 13 (Green) is due slightly after green vertical line = it will be “bottomed” anytime now or by early 2023. Cycle 14 high ( Green) is @ the “middle” of vertical green and red line = Topglove will have “uptrend” until 2024/2025 min after it completed Cycle 13 ( Green) low.
Daily Checklist Before The Market Opens | Jul-12 2022
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 8 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 116.58-110.43
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 53.10%
🚀Daily Expected Move: ±3.32
🚀Weekly Expected Move: ±7.30
🚀Monthly Expected Move: ±15.21
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 15 out of 5.69
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1834.9-1783.4
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 19.72%
🚀Daily Expected Move: ±21.51
🚀Weekly Expected Move: ±47.36
🚀Monthly Expected Move: ±98.59
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 10 out of 4.94
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 107.615-106.530
3️⃣Options IV: 12.68%
🚀Daily Expected Move: ±0.86
🚀Weekly Expected Move: ±1.90
🚀Monthly Expected Move: ±3.96
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 1 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 22452.5-21237.5
🛸Buy UFOs: 19922.5-19122.5
3️⃣Options IV: 81.63%
🚀Daily Expected Move: ±1012.50
🚀Weekly Expected Move: ±2228.92
🚀Monthly Expected Move: ±4639.86
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
"bTc hAs No VaLuE AnD WiLL CrAsH bELoW 10K"...PI CYCLE BOTTOM!!!I LOVE PICKING BOTTOMS...AGGRESIVELY...WITH HARD WOODEN STICK!!! xD
P.S. I saw the 111DMA has almost crossed the "350DMAx2" in the beginning of April 2021 and COULD NOT STOP LAUGHING ABOUT THE MORONIC PI CYCLE "INDICATOR" WITH IDIOTS LOOKING AT IT BECAUSE WE WERE GOING TO 100K FOR BTC "AT LEAST" AND WAS EVEN ASKING IN TWITTER IF SOME STAGRAM FLUENCER RIGGED THOSE LINES FOR FAKE FAME....a month later in the middle of May -> ELON MUSK AND THE CHINESE COULD NOT STOP LAUGHING AT OUR STUPIDITY TO THINK IT IS GOING STRAIGHT TO 200K 500K AND THE MOON............
Will act accordingly this time instead of ridiculing SIMPLE MATH and those obviously clever guys that came up with that EXACT (+-2 days) TRIGGER FOR BTC TOPS AND BOTTOMS! =)
Daily Checklist Before The Market Opens | Jul-11 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 7 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 116.58-110.43
🛸Buy UFOs: 102.14-95.10
3️⃣Options IV: 52.10%
🚀Daily Expected Move: ±3.37
🚀Weekly Expected Move: ±7.41
🚀Monthly Expected Move: ±15.42
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 14 out of 5.69
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1834.9-1783.4
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 19.41%
🚀Daily Expected Move: ±21.20
🚀Weekly Expected Move: ±46.67
🚀Monthly Expected Move: ±97.15
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 9 out of 4.94
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 105.440-104.405
3️⃣Options IV: 11.16%
🚀Daily Expected Move: ±0.76
🚀Weekly Expected Move: ±1.66
🚀Monthly Expected Move: ±3.46
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 4 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 31732.5-29432.5
🛸Buy UFOs: 19922.5-19122.5
3️⃣Options IV: 77.19%
🚀Daily Expected Move: ±1004.60
🚀Weekly Expected Move: ±2211.51
🚀Monthly Expected Move: ±4603.63
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
KLCI Cycle & elliotwave analysis. 11/July/22.KLCI “based” on its cycle analysis. KLCI is still forming its expanding flat pattern in (A)(B)(C)(cyan) in wave 2 ( Red Circled) which probably ONLY completed by end of 2022 as long term cycle 8 (purple) alway reached near by the red vertical line. (Year end).
Pi-Cycle Bottom Will Cross Tomorrow Most LikelyThe Pi-Cycle Bottom will most likely cross tomorrow.
If the indicator remains predictive, and consistent with itself, the bottom should occur within a few days of it crossing.
This would imply significant downside coinciding with an important CPI/Fed meeting this week.
There is precedent for the indicator crossing and BTCUSD falling -40% within the following few days.
I've wavered quite a lot on the question of whether the macro bottom is in. Mostly due to Ben Cowen's credibility and views, I'm currently leaning towards the bottom not being in and significant downside still to come. The pi-cycle bottom crossing in this context may impy we will see a large downside move in the next week.