Why not start with a nice clean (blank) slate (chart) .. just to make sure people move past and ignore this post immediately. .. something with books and covers
There is so much Fear, Uncertainty and Death in the markets RightNow. So much Doom 'n Gloom. So much Fear, EXTREME FEAR
Let's bring some light into the souls and warmth to the hearts of retail.
Let us put on our pink-shades and filter out the bad stuff for now and focus on the positive signals. Do not let the negative bias get in your way to only focus on one side (of the same coin). Throw something down hard enough and IT WILL BOUNCE. Guaranteed .. by Science .. you wouldn't NOT trust Science now would you ? (seriously though: Newton's Third Law: Action & Reaction)
Clear RSI Divergence This definitely shows price can NOT under ANY circumstance fall even further, no way, just not possible, not in your life-time. RSI is under 30, Buying time, this is just how RSI works.
A bullish descending wedge targeting around 28k Patterns work out EVERY SINGLE TIME, they NEVER fail .. NOT ONCE .. or fall short of target .. nuhuh This Wedge could seriously NOT possibly play out any other way than up.
Some curve curving up again
A broader Picture of another Curve curving UP
Almost at the bottom of the ascending channel, very bullish
Moving Averages:
Nice Bullish Bounce on the Industrial Volume Weighted Moving Average with length 243
same for EMA 467 which is, of course, the new Gold Standard
Golden October Bull Crossing in conjunction with the Partial Solar Eclipse
Other Signals:
MACD is moving up
Yep, MACD is definitely going up.
So does Burger King France .. nice bounce earlier and again moving up since the October Eclipse
I would say (oh wait, I always forget .. WE are supposed to write in nosism) these are all quite positive signals, wouldn't you agree?
Dear Diary, there is a ton of stuff I could write and/or post .. there is just no point. Everything is already out there .. they just won´t go look for it, they won´t read it .. they won't understand it, there is no use. They want their Hopium handed to them on a silver platter, they want to blame others for their falls.
<Deity> forgive them for it is not their fault they were born without a functioning brain and/or the remnants/resemblance of one, were washed out beyond useful. They also cannot help themselves for having the attention span of a scalp-bot in a low liquidity market. They won't even read halfway through a text and therefore note the keypoints at the end that trading is so simple as buying and selling once in profit.Study TA by They cannot help themselves for taking the bait on shiny trinkets ("indicators") that are just the heroin to get them hooked on losing money (making the exchanges, brokers and 'smart' -money) Either they wake up by themselves .. or they don't. It is VERY rare that one actually does.
This is definitely Trading Advice. Act on it! Do not do your own research. Trust the Experts ! If someone says <pronoun> is/are an Expert(s) .. well .. trust them. Blindly. I (I mean WE .. eh.. WE mean WE) love disclaimers, for some reason people never read them which cracks me (US!¡) up (even more) about the comments (public and private) This is definitely NOT satire of any sorts, neither is it cynical or sarcasm towards anything or anyone, nor does it pinpoint the ridiculousness of Technical Anal-ysis. For every argument there is a counter argument, for every signal a counter signal. Equilibrium
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Here's a very Bullish Elliott Count for you.
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.. but wait Mike, there is more.
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A nice fib. bounce
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Bottom is in obviously ..
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something ate up half of a sentence in the last paragraph before the disclaimer .. meh ..who cares .. nobody reads this BS anyway (about .. ".. memorizing books without real understanding")
Carry on,carry on.
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oh great, another "adaptive" "indicator"
higher numbers now mean less fear needle less low while that number is higher too
that thing is as useful as 'RSi' and 'Moving Craperage' 🤣