Cycles
BRKS - BROOKS AutomationPublish for self on robotics stocks
* 1.3% Div Yield
* 500fibretracement
* Life Sciences robotics stock
* Midcap at 2.17B Market Cap, 2.15 EV
* 672M Revenue in 2017
* $482K/employee rev
* BETA 1.18 (10-18)
* Debt 197M
Long term market Cycle Update: Sell and buy lowerCheck the related ideas for a description of the cycle.
The market reached all time highs as expected with less momentum, if we are in the "upwards consolidation" period we should expect a pullback soon. I'm taking profit on the previous long and waiting to buy lower
QTUM has no resistance aboveMany alts are forming bottom now and QTUM is one of those that always was considered to be a good investment but fell like ETH and many other favorites.
What I like bout QTUM is that it has so small resistance above when you look at daily chart. It doesn’t mean it will make 200% in one day but the road to that target shouldn't be too hard.
Currently the price is at breakout point, which is around 620. It will either breakout from here or fall back to 600-610. I will be catching it below.
Loomis Swingtrade with the market cyclesThis is a trade that I've not spent much time on, I just saw this bull market rhythm fast. But this is a very high risk.
Oil's Cyclical Behavioral PatternsIt is worth noting that oil changes its major trend direction during the month of June or January. The chart above is an attempt to show this relationship throughout the lifetime of CLZ2018. Also, another important aspect highlighted is the fact that CLZ2018 just tested the major gap area left by the bears in November 2014. Though there are no signs of the major oil trend changing, the higher highs and higher lows structure being still intact, nonetheless there is an increased risk at this point of that happening. Staying tuned for further tells.
BTCUSD Fourier Market Cycle Analysis and timing trend reversal---- Conclusion ----
At the current point in time the market cycles that have been driving Bitcoin 1.00% for a large part of this year are almost universally high, indicating that there is a lot of pressure for bitcoin 1.00% to head downward in the short term. Market cycle c., which has been leading during the past few months has just recovered from a low however, and this could mean that Bitcoin 1.00% can get a week of relief before heading down. Around the beginning of November, and through the month, there is a cascade of low cycles similar to the formation that kick-started the 2017 end of year run, which is why I think early November is the most likely point for a end of year bullish momentum to start. The long term market cycle however, is still heading downward so based on purely market cycle theory the end of year's run will not be as powerful as the end of year 2017.
Monte Carlo simulations based on the extracted Fourier cycle data indicate that the most likely path for Bitcoin 1.00% is a week + some days of relief, before heading down to 6200 levels around the end of October from which a end-of-year run is launched. This is a tricky area however, as the market can react unpredictably around the sensitive 6k barrier. In short term the direction might continue upwards, but all signs point out that there is a good chance of downward movement the coming weeks, which is why I left my IS on Neutral.
The market cycles, and simulated price predictions are based upon the global patterns Bitcoin 1.00% has been showing the past five years, and they can be changed or ignored by large unexpected movements or events.
---- Analysis ----
In the chart I plotted only several of the extracted wave, which I think are the most interesting to explain market behaviour. Thoughts are noted in red on the chart as well. Included in the chart are 4 primary extracted cycles and a long term cycle. Notes on the individual cycles:
a. Larger bullish cycle from the end of year's run, it's bottom was badly timed in the middle of the initial bounce from 6k, right at the first bounce within this bounce. It shows to coincide with the 8k bounce in the end of July and it was a lead motivator for the bounce up around the 10th of April. Currently topped, indicating a strong downforce on BTC 1.00% .
b. Supporting cycle from the secondary bounces within the larger structures, It shows good coherence with the early parts of 2018 but later in the year its influence seems to weaken.
c. Extracted cycle which coincides with some features early in the year, but mostly shows to be leading post July. This cycle just had a down on the latest minor pump and would see us in a light uptrend for a week more, and we will have to see if it gets its way.
d. The bull run cycle based on the 2017 eoy run, which was also bottomed on the bounce to 8k. It did not have a significant effect near the top after the cycle break, but it might be of importance when it bottoms. It also highlights the likely shape of the bull run based on the earlier data, it starts later but might continue on later as well, if no external events influence the market until then.
Mean results from 10.000 simulations roughly sketched with the arrows, this tool is still a work in progress, and I am including this out of interest and to come back to it later.
----- Supporting information -----
---- Why so many cycles? Can't it be simpler? -----
Yes it can, but every cycle contributes to the pattern in its own way and a lot of information is left out if these are removed. In the end the most interesting part is how all of these cycles work together to create big movements, in coherence or apart from the big cycles.
---- Fourier market cycles?? ----
I use an external program to analyse Bitcoin 1.00% market data using a Fourier transform to find the underlying market cycles. These cycles are not fitted by hand, but identified from raw market data through the fourier transform. The resulting cycles might not always make sense from the get-go, but they do reveal underlying patterns that are in the data. I also use the underlying market cycles to propagate short and long term market monte-carlo simulations, and the short term results are included in the chart. These are manners of pattern propagation, and show the most likely direction for the price if the current pattern is continued. Black swan events however, such as sudden big movements can easily disrupt the accuracy of these models. Thus they are included to represent the possible effects of the cycles on the price, not as investment advice.
Since I can't seem to directly import screens from my tools to TV, I have done my best to recreate them using the tools at my disposal. I only bothered to recreate them to a point where the cycles are accurate enough to support the underlying points, but they are not pixel perfect to the extracted data.
--- Market cycles??? ---
Markets, like many other things, show periodic/ cyclic behaviour in their price action. Fractals are another example of this. Market cycles are cyclic patterns which indicate where the market is most likely to reverse, in a low the reversal is upwards, high in the cycle downwards. Market cycles are not mandatory, and occasionally they can be ignored by the market. Often however they are a decent indicator of where the market is likely to take a turn, and in which direction.
Generally, when multiple cycles like this are used big price movements tend to happen near coinciding tops or bottoms, where the multiple cycles support each other in generating motion. At least that is the most likely,
GE / W1 : Weekly chart signals. Trade Validated.NOTE : first, be aware that the signal is a double Taking Profit pattern, which is the weakest possible one ! But regarding the way this asset got sold in a bullish market kind of makes me wonder how deep this could go if this was just for a retracement.
Hope this idea will inspire some of you !
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Kindly,
Phil
Bitcoin: Using pitchforks to compare with 2014 bear marketPitchforks are a good tool for seeing trends and in this case, corrective price action. Throughout much of the 2014 trend, Bitcoin price respects the channel between the median to upper median lines. However it does foray down to near the lower median line to form the selling climax.
Its interesting to see that the 200smma death cross on 2014 and current bearish phases occurs on the upper median line after a similar time period. If the current trend were to follow 2014 further in similarity, then a selling climax may occur on or near the lower median line.
When the trend finished in 2014, price moved above the 200smma and moved passed the dotted 'warning line' of the pitchfork, showing the end of the trend. This was shortly followed by a golden cross.
Bitcoin's favourite 0.618fib is approaching along with the upper median line again. A move down from here towards the median line seems likely if Bitcoin is to continue in corrective similarity to 2014 (see previous idea for more detail on previous oscillations and fib levels).
Much of this idea was learned from 'Waves618' who is the pitchfork king ;)
SiaCoin Bottomed?I always love such pattern which predictable for everyone to see. The season on SiaCoin chart told us that #HODL is not always good enough. Pretty much this level will be my accumulation zone and looking for easy 100% in coming weeks/months.
This sentiment also depends on BTC movement so becareful, the second long green box is another accumulate phase which is will be worth to hold. SiaCoin (SC) right now is #41 rank on Coinmarketcap.com which the growth and also the endurance of bear market that SiaCoin has survive. Plus it is one of the low sats that you might interested to invest.
Safe trade!
Gold may be nearing a low for the year.My yearly cycles on Gold indicated an intermediary low on the 20th August 2018 followed by a short rally higher (probably a correction). My cycles indicate another low or double bottom to complete around the 29th October - 11 December, before price will trade higher again (possibly).
Watch your technicals for a sign of increased volume during the next probable low to confirm the cycles are working. The previous low made on the 16th August was very weak when you are used to studying volume and how it behaves at important swings. Another low with increased selling volume, followed by divergence and increased volume to the upside again (on the cycle dates) would be the ideal signals to watch for.
Let's see how things develop over the next month. I will provide updates on this post to see if we can time a low properly.
Regards
RigK
Good time to invest in MCOHello fellow traders and investors. I want to share my view on MCO. Monaco is a company that is working on VISA card that will make crypto spendable in common life. Isn't that what everybody needs? Sure! Let’s wish them luck and see the 3 day chart. I draw trendline on a day chart and it fits perfectly to all the price spikes there, but my day chart is overloaded with SR lines so 3 day gives a better view.
This blue trendline begins in August 2017. Long long way down. And here we are, at the bottom. Bounced with some good volume and now accompanied by BTC growth this coin has a potential to reach great profits in mid-long term. In case BTC will grow fast, it may even take less than a month. The targets with most resistance are 840-890-950-1080. Short term target is 750. But ask yourself if you'll be ready to sell the coin that potentially will bring you another 45% and, if gets through 1080, the target is the MOON ))
Not a financial advice. I'm just sharing my point of view and my own trades as I bought MCO today and will be holding.