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CAT

SP500 either topped, will top, or flying high for yearsMy patience is being tested right now. I am running out of possible days of length and price targets. I have the market in Sub-Millennial wave 1 (began June 1877), Grand SuperCycle wave 5 (began March 6, 2009), SuperCycle wave 3 (began March 23, 2020), Cycle wave 2 (began January 4, 2022), Primary wave B (began February 24, 2022), Intermediate wave C (began March 8, 2022). The shorthand for this wave is 1532BC which is based on wave letters and numbers combined. Right now, Intermediate wave C (if we are still in it, we cannot be for much longer) is: 1) 1) 15 days long 2) 2) Gain of 479.43 3) 3) 300% the length of wave A 4) 4) 172.99% the move of wave A 5) 5) Accounts for 65.22% of the larger wave’s (Primary B) length 6) 6) Makes up 91.73% of the larger wave’s (Primary B) move This also makes the stats on Primary wave B look like: 7) 7) 23 days long 8) 8) Gain of 522.65 9) 9) 65.71% retracement of Primary wave A’s length (35 bars) 10) 10) 74.24% retracement of Primary wave A’s movement (dropped 703.97 points) 1-My models only forecast 15, 17 and 27 days in length for wave C. Most of the model agreement was below 10 days. 2-The move is not necessarily a factor by itself but the additional data will use this. The price forecasts below the current high is 4633.725. The next set of price points tops below 4700 are: 4637.45, 4652.15, 4653.96, 4657.99, 4664.74, 4665.448, 4673.78, 4674.76, 4675.68, 4676.19, 4681.05, 4689.68, 4697.24. These prices begin to have more gaps than the prices below this point. There is a 4 point grouping in the 4670s. 3-Intermediate C waves rarely exceed the 300% length of wave A which is where the index is based on today’s high. Intermediate C has moved 276.92% (wave ended C2C, we are 2BC), 281.25% (2BC), 466.67% (C2C), 517.39 (54C). 4-Intermediate C waves ending in BC have a median move which is 127.13% of Intermediate wave A and an average of 123.72%. Intermediate C waves ending in 2BC have a median move of 152.47% and an average of 142.60%. The maximum is 242.75% of intermediate wave A’s movement. We are above the normal in the current case. 5-In the three wave structure of Primary wave B, Intermediate C waves ending in BC have a median contribution of 31.25% for Primary wave B’s length and an average of 33.46%. Waves ending in 2BC have a median contribution of 49.45% and average of 44.22%. The highest contribution so far is 64.29% for 2BC and BC waves. 6-Likewise regarding the contribution to the overall wave, BC waves make up 68.74% as a median and 70.32% on average. There are four occasions above 90.49%. Waves ending in 2BC have a median make up of 90.49% and with a maximum at 95.12%. The current contribution is still acceptable, and quite common for 2BC waves. 7-The forecast days from my models at and above the current length are 26, 28, 32, 40, 51, 52, 59, 63, and 70 days in length. Strong agreement at 26 and 28 days. 8-The price forecasts for the end of Primary wave B have a few tight price target pockets which are: 4637.365, 4637.588, 4645.7, 4645.874, 4654.17, 4654.2, 4654.525, 4658.71, 4658.962, 4659.03, 4659.04, 4659.691, 4675.203, 4677.57, 4677.81, 4687.6, 4687.61, 4688.36, 4688.39. 9-Typical Primary waves ending in 2B match 25% to 400% the length of Primary wave A. Waves ending in 32B usually retrace around 55-70% with an outlier at 400%. We are in the smaller window now, but only for a day or two more at most. 10-Typical Primary waves ending in 2B move 41 to 88% of wave A’s movement. Waves ending in 32B move 54-77% which we are also nearing the high end of this window. To conclude, 1) the market has either topped today and we finally began Primary wave C downward with the final 15 minutes of trading today; 2) the market can rise for 2 more days at most before a reversal; or 3) We are not in Primary waves B or C and instead we ended all of the downward movement on February 24. If the latter is the case we are in the early stages of Cycle 3 which will see massive upward momentum for possibly 2-3 years. If option 1 remains valid, the chart below shows early signs of where movement will take us. Regardless of option 1 or 2, we will find a bottom and then begin Cycle 3 with the same aforementioned results. I am bullish long-term, but remain bearish in the short-term until we either break above 4818 or move below 3900.
SP:SPXShort
by StockSignaler
SPX and NQ - looking bearishTime to be careful as there are more technical signs that all is not well: 1. dead cross firmly on the Nasdaq since 28 Feb (impending for SPX) 2. Toppish head and shoulders pattern seen on both 3. no signs of sustainable upward momentum yet (need to see a breakup of the near term downward channel for a start) Hence, do not be too eager to bottom fish and when we do (yeah, itchy fingers happen), cut losses fast if wrong (unless one is a long term investor who is ok to dollar cost average on stocks with proven long term fundamentals). The strong sectors right now are in the oil, metals, defence and utilities. The rest could continue to mostly languish or enjoy only short term bounces from oversold conditions. On the fundamental front, rising oil/commodity prices and high inflation of above 5% is always a precursor to a recession (thou it could still be months away but markets tend to be forward looking). Perhaps this could turn out to be yet another short term steep correction (like the many in the past decade), be flexible and nimble. It's ok to just let the technicals tell us what to do even if we are noob on macro economics. Stay safe and good luck. Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.
NASDAQ:QQQ
by Juliac
TSLA: These are the KEY POINTS we must watch for now.Hello traders and investors! The movements on TSLA have been so technical and precise, and it is behaving according to our technique. Let’s update our thoughts. Remember, the link to yesterday's analysis is below this post, as usual. First, in the 1h chart, TSLA is still bullish, as we expected, as it is still doing higher highs/lows. Is there any bearish structure around that could indicate it will do a sharper pullback or even reverse the trend? No. In fact, TSLA is trying to break the previous top at $ 922, which is another good sign. To me, TSLA is inside a huge Ascending Triangle made by the black line at $ 943 and the purple line which connects the previous bottoms. This tells us that our next stop is the $ 943 again. What will it do from there? We don’t know, but we don’t have to know in order to trade well. Trading is reactive, not predictive. All we must know is that TSLA is still bullish, and pullbacks to the 21 ema and to the $ 896 are expected, and wouldn’t be a reason to panic at all. In the worst case-scenario, I see it retesting its purple line again, but I don’t see a technical reason to work with this scenario right now. In the daily chart, we see many support levels (the retracements), and this is another reason why it wouldn't be too easy for TSLA to drop from here. However, as we expected, the 21 ema is here to annoy us. Probably this week, we’ll have our answer if this is a Dead Cat Bounce or not. I’ll keep you guys updated every day on TSLA, so remember to follow me to not miss my daily analyses.
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
6
30% chance of ATH soon for BTCIn this theory, there seems to be 3 equally weighted scenarios that may play out in the short term. Regardless, I believe the long term is still a slow trend to the upwards side. However, this could become a more exponential growth if 1 of these scenarios plays out, which has a 30% chance of occurring. Continuation to ATH: 33% "Dead-cat bounce" with a head and shoulders forming in the $48K-55k range: 33% Immediate rejection around $48k-52k, then a drop down to the $30k range: 33% Yea..."it could go up down or sideways"... I get that, however this is my "more detailed" version of that here. A healthy movement on the RSI over the next week or two will be the best indicator here for the bullish scenario, and an over correction of the RSI will most likely signify the bearish scenarios.
by DoozerInvest
CAT looks like it don't have power to go higher. Hi everyone, Yurii Domaranskyi here. Let's take a look at the chart: 1. Horizontal Price levels are working good 2. globally downtrend, locally uptrend 3. the price level confirmed by a touch 4. that was a near test, but we see week close under the level 5. approached the level sharply 6. the move was with no rollbacks 7. no accumulation 8. no rollback 9. we see that 1 bar closed above the level and 2nd opened above and closed below 10. level of a rollback 11. enough room for a move with r/r 1 to 5.1 12. no model of ascending lows 13. no news in the last 10 days 14. the price came from above, and we see that it can't go higher 15. we have enough room for a move 16. the report on January 27 Potential risk/reward ratio = 1 to 5.1 meaning that potential risk 100$ with the possibility to make 510$ If you find my work valuable, please, press a thumb up! 👍
NYSE:CATShort
by yura_trades
1
PATTERNS "BAT" and "CAT".Strange as it may seem, but not only bulls and bears can be found on the market, but also a couple of cats and even a bat! But don't be afraid, these animals have come to help you get rich in the new year. Let's go! The Bat pattern. The bat is a 5-point pattern that can indicate a bullish or bearish breakout. What does it look like? The pattern consists of five points: X is the beginning, from this point the price makes a significant movement; A - here the price unfolds, forming the first vertex; B is a pullback, which can be from 38% to 50% of the X – A movement. C is the price movement, which can range from 38% to 88% of the A – B movement. It is worth noting that C should not go above the point A. D is the price reversal, after movement C. The shortest movement of all other points. At this point we are looking for an entry into the transaction, you can use the Fibonacci lines. The movement from point D can be 88% of the movement of X-A, and can go above point A. Risks The stop loss can be set below the D point, but not below the X point. The CAT JUMP pattern. This pattern is characterized by a strong downward movement and, with proper trading, can bring huge profits. How to find it? The pattern appears in situations of strong movement, usually caused by bad news. The following pattern will be observed on the graph: 1. A sharp drop in price, sometimes with a gap; 2. Rollback to the bottom line of the gap; 3. After which there is a long and strong fall. How to trade? To begin with, you need to find a strong drop with a gap, as correctly accompanied by a strong volume. After that, we are waiting for a pullback to the bottom line of the gap and a reversal – this is where you can enter into a deal. Risks The stop loss is placed above the lower gap line. It is worth noting that from time to time the price may go above the lower gap line. In rare cases, the price reaches the upper level of the gap, and then falls. It is important to note that the fall lasts from one month or more, which is why this pattern is used by long-term traders. Important It is worth recalling that there are alternative patterns: an INVERTED CAT JUMP and a BEARISH BAT PATTERN. Both models work the same way, only in the opposite direction. These figures are very profitable, with proper trading. For example, a fall after a gap and a rollback can be 50% or even 70%, in the CAT JUMP pattern. Whatever pattern you trade, I wish you good luck and a lot of profit in the new year! Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩
Education
by Lingrid
10
BTC ETH LTC: Dead Catch Bounce ScenarioHello friends, today you can review the 1H charts for Bitcoin (BTCUSD), Ethereum (ETHUSD) and Litecoin (LTCUSD). #CryptoPickk notes the following: 1) As the entire crypto market fell drastically, the potential for a move upwards is very possible. In these scenarios, a Dead Cat Bounce Pattern is very possible. 2) For anyone that doesn't know what a Dead Cat Bounce it, please refer to the Investopedia article for further details: www.investopedia.com . 3) Using the Fibonacci Extension, taking the price from the drop start point to the drop end point, the 0.618 - 0.786 levels may be potentials for where the Dead Cat Bounce may happen and the price drops further from that point. 4) Remember one thing that has helped in trading: When a wick happens, the candle body close is surely to follow. Not financial advice of course. Do your own research. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
COINBASE:BTCUSD
by MillionaireEconomics
8
Chance to Join EURAUD's Downtrend The downtrend of the EURAUD, which commenced following a reversal indicated by the Head and Shoulders pattern, looks poised to continue sliding lower. This was indicated by the recent Dead Cat Bounce from the 61.8 per cent Fibonacci retracement level at 1.57112. The price action is now likely to head towards the previous swing low at 1.52680. This is part of the establishment of a broader 1-5 impulse wave pattern, as postulated by the Elliott Wave Theory.
Short
by Trendsharks
$CAT is moving! Macro analysis + technical with boxes.Hi everyone, On Saturday US government finally agreed to pass a huge $1 trillion infrastructure bill. What does that mean? Utilities, communication, transport and industrial companies will receive subsidiaries for expansion. So why NYSE:CAT ? The biggest construction equipment manufacturer in the world. They will benefit indirectly as companies buy/lease their machines/services for infrastructure construction. Now the chart. NYSE:CAT is already up almost 5% in premarket after the Saturday news. It has broken out of the box at 208 and now gapped up deirectly to the next minor resistence level at 216 . I expect the stock to temporarily trade in a small box before the surge to 223 level. Long NYSE:CAT :) Let me know what you think. What other stocks are going up on this news in your opinion? Trade wisely and good luck! ----------------------------------------------------------------------------------------------------------------- Disclaimer!!! This is not financial advise.
NYSE:CATLong
by AyBe_Invest
2
SPX: Crashing again! Time to panic?Hello traders and investors! Let’s see how the SPX is doing today! Breaking the short-term bull trend, the index is seeking its next support levels. We lost the Pennant downwards, along with the 21 ema and the 4,394. The 4,351 is another good support candidate, which is holding the price for now. Our last support level is the 4,305, and below this point, we might assume the index will engage a stronger bearish momentum for a few weeks. By losing the 4,305, we’ll confirm the idea that the index just did a Dead Cat Bounce to the 21 ema and it just resumed the bear trend, frustrating the possible bullish reversal to the ATH. Right now, the index is in a “no-man’s land”. While we don’t see any meaningful bullish reaction, there’s nothing to do. While we don’t see any bearish confirmation, we can’t say it’ll reverse the long-term bullish bias either. In the weekly chart, we are still above the 21 ema, and we could stay there for a few weeks from now, doing many frustrating signs. Only if we lost the 21 ema in the weekly chart we’ll see something new, and the market could do a sharper pullback. However, this won't be easy, as we have many support levels in the short/mid-term to work with. For now, let’s just calmly wait for more signs. If you liked this analysis, remember to follow me to keep in touch with my daily updates. Have a good day.
SP:SPX
by Nathan_The_Finance_Hydra
10