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NYA trade ideas

Incoming Gann tsunami waveFrom an eagle-eye perspective, this is the most suitable wave structure and EW count I can see now. It lines up perfectly with W.D. Gann's astrological predictions, the economy (entering recession) and the current social sentiment (nearing end of mania). I believe bears were correct in saying that the March 2020 peak was the *true* end of the 13 year bull market. We since entered a delusionary expanded flat 'B' wave which was severely augmented and prolonged by extreme central bank and government intervention. The tsunami (wipeout) 'C' of (A) wave down should be arriving next. What I depict here is only the first of five waves down. I could be wrong yet again, but best of luck to all of you, whether you believe me or not.
TVC:NYAShort
by supere
1
Bearish Head-and-Shoulders on NYSE CompTextbook example of a head-and-shoulders pattern. We have a strong bullish uptrend to reverse, which has been in place since March. The neckline is well defined and connects with the very important June 8th "internal top" for the markets. After June 8th, we began to see big declines in market breadth, which accelerated in August. The neckline also served as resistance during today's rally. This confirms our bearish outlook overall for stocks.
TVC:NYAShort
by DohmenCapitalResearch
Another Taffer in the Shadows?This is the NEW YORK COMPOSITE INDEX. Please see my previous post just a couple of weeks ago about this drop and what to expect from here. Based on all the data I can muster to analyze, the correction is not over. It's possible that we rally and/or drift sideways into the election but this looks very concerning to me.. I keep hearing from too many people that the Fed has their back. They believe the Fed will hold their hand to victory into an eternal upward rally. I am not one to dismiss the melt-up scenario and hyper-inflationary end game, but this is what I see right now.. I see the potential for another drop. The bigger question- what happens after this drop? Do we have a 08-like melt-down or is that just another dip to buy in this bull run? We'll take it as it comes. Please be smart, patient, and immune to public sentiment. Think for yourself but study, study, study!
TVC:NYA
by gghsusa
The NYSE Is Leading Us LowerMuch like the major indices, the stocks on the New York Stock Exchange formed a rising wedge from the March lows which has since broken down. And, also like the other indices, it produced an island reversal top from June 5th through the 10th. Though it has found support on the 50-day simple moving average (blue), it remains far below the 200-day simple moving average (orange). One far more bearish characteristic is that on Friday, it closed below an eight-year trend line (green). Once this cracks the 50-day, look for strong selling.
TVC:NYAShort
by CHTradingGroup
broad review of markets5.27.20 You make more money when you trade less,period. We spent a lot of time discussing patterns, price action, and market dynamics. No matter how nice the lines appear, all markets and are in two times when it is not clear to you... and at some point that feeling is important... assuming it is predicated on the market. For people who trade 8 to 10 hours a day, there can be an urge to take a chance and markets that are less likely to move in your favor. A lot of times these kinds of markets are bad for both buyers and sellers. At the end of the video I talk about the broad indexes when the equities markets which I think are very dangerous markets and have plenty reason to go lower even though they been trading higher. I go through gold, oil, that DXY, a few indexes, I didn't have time to talk about copper, but my sense of this is that you need to trade very carefully, and if I were mentoring a student, I would suggest to the student to trade less, not more in this market. in my opinion the patterns on the equities indexes is that this is probably a bear market and should move lower even though these markets have been moving higher. If your swing trader and your patient, and you have missed trades because you didn't like in market, the market will give you opportunity in the near future... and you will know it when you see it, but you will be less likely to trade it if you've had three losses in the meantime. I think gold is going higher, but that doesn't mean it's a long trade. Silver looks bullish, but it is up against significant resistance where there should be sellers. There are mixed messages in these markets. If you're a long-term investor, or speculator and you but gold at $750, you don't worry about this. if your swing trader who trades gold.... if I were a swing trader nutrients gold, I wouldn't be taking a trade today, and I'd have to see what it's doing the next day in the day after that; I would just sit tight. You don't have to take a trade every day, and if you have to work hard to find a trade, take a break from the market and stop looking at the market for a bit because if you don't do that, your spending psychological capital which is just as important as losing trading capital.
NYSE:NYAEducation
by ScottBogatin