bitcoin rally 2016 - perfect bitcoin rally 2016

bitcoin rally 2016

ACCESS OUT FULL PREMIUM ELITE VIP NEWSLETTERS & UPDATES!

See What The Fuss Is About - Try Us Free For 14 Days! - Limited Time Offer - Hurry!

Get access to our Daily analysis, videos, coaching, audio, charts and indicators AND MORE....

==> HURRY GET YOUR FREE 14 DAY TRIAL INSTANTLY HERE! <==

=====================================================

bitcoin rally 2016

bitcoin rally 2016

bitcoin rally 2016

bitcoin rally 2016 has been a quite extensive one. Compare this to some investors who actually call this SHIT-COIN, LOL...and I can see their point there. There are lots of people are buying this cryptocurrency up like its the last bunch of bananas on planet earth.

You can see on the chart we have basically gone from $450 all the way up to $700 in the space of just a few months. Anyone holding bitcoin, was told to get rid of them, so anyone still holding them, just got a major reason to do back flips infront of their family in the living room.

WILL IT LAST!?? well....we shall see....hey???

The uptrend that starts back in MID MAY 2016, is still holding, and we are currently at 635 close of friday, which is about $100 below the recent high back in JUNE. Basically all the blogs and news wires, went dead about bitcoin even bashing it up on the interwebs for years, until the BREXIT crisis came along. Since then, well......lets just say BITCOIN is getting a little dose of VIAGRA!!!  There have been a pretty steady stream of investors.

But we must warn you, it not for the weak of heart and for investors with pace makers.....this bit coin chart.....and the bitcoin rally 2016 is quite volatile. It came from no where, and we do not know where its going. Its risky, but then again with the mess out there, and the stock market all over the place, what asset is really safe these day. There are a few, and  we shared that with our members YESTERDAY.... here is the chart.....

bitcoin rally 2016 - really bit bitcoin rally 2016

CLICK HERE - To Get Our Daily Charts & VIP Updates

You may not be a chartist, but something is telling us this will not be the last you hear of BITCOIN this year. These cryptocurrencies, while are very volatile and risky, they seem to have investors licking their lips and they tantalize their taste-buds with how things are getting different, and how devalued the USD is becoming due to the FED who keep printing US dollars.

Right now BITCOIN is holding its rally and we will see if going into the end of YEAR santa will fill his sack with these so called gold nuggets, or he will toss them out with the garbage. Have it your wow, and realistically its every man for themselves in this world, but it sure has our interest!! So we will keep watching this.

CLICK HERE - To Get Our Daily Charts & VIP Updates

 I cover more and more technical analysis ==> HERE in our VIP members section.

WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED?  CLICK HERE To Join Our VIP ELITE GROUP  -- FREE!



Powered by 123ContactForm | Report abuse

Don't be fooled! Spotting a phony rally

Don't be fooled! Spotting a phony rally

ACCESS OUT FULL PREMIUM ELITE VIP NEWSLETTERS & UPDATES!

See What The Fuss Is About - Try Us Free For 14 Days! - Limited Time Offer - Hurry!

Get access to our Daily analysis, videos, coaching, audio, charts and indicators AND MORE....

==> HURRY GET YOUR FREE 14 DAY TRIAL INSTANTLY HERE! <==

=====================================================

Don't be fooled! Spotting a phony rally

Don't be fooled! Spotting a phony rally

Don't be fooled! Spotting a phony rally

so are we dealing with a market situation right now that is saying HEY YOU - Don't be fooled! Spotting a phony rally . Well, its something to look at because lately the market is just having a terrible time of trying to let the bulls out of the gates. Infact when you look at the charts, we have been just going sideways for months now, and many investors are either nervous, or do not know what to do. Have a look at the daily chart for the S&P 500....what a weird sideways pattern, and the BREXIT mess a week ago, did not help the situation.....

Don't be fooled! Spotting a phony rally

CLICK HERE - To Get Our Daily Charts & VIP Updates

We understands technicals play a vital role in understanding if a big move is the real deal.

"Why do charts work? First, you must consider them as if they are footprints at a scene of a crime. These footprints trace out what big money managers might be doing with their buying and selling of stocks,"

The second reason to care about charts is that we find there is a remarkable self-fulfilling nature of charting stocks. Some of the best investment ideas can come from chart inspired brainstorming sessions — though  that the best way to produce results is with a careful melding of both fundamentals and technicals. When you do it together, its just gets more powerful really.

Good technical analysis means being able to find the indicators that will help to determine the overall direction of the market, especially since so many stocks are influenced by the S&P stock futures.

What indicators does We watch for?

Sometimes technicians start by comparing the chart of an individual company to the chart of an average to determine the legitimacy of a move. This is what is known as confirmation.

For instance if the Dow Jones Industrial Average hit a new high, historically it is not sustainable unless the Dow Jones Transportation Average also hits a high, or confirms the breakout status of the Dow itself. So, if both the industrials and the transports hit a new high, we will consider the move to be one we can bless as being legitimate.

Other indicators that we will watch for are the banking index, the housing index, the semiconductor index, or the SOX and RTH, the ETF that encompasses large retailers.

W like to see all of these indices move up in sync before I truly bless a market move. You get all of these indices rolling higher, and you have to put the maximum amount of chips on the table.

The inverse is also true. If there is a move up without confirmation from a majority of the indices, then the whole rally could be fake and cannot be trusted.

We saw this occur right before the Great Recession, when there was no participation from the financials, retail and tech.

Additional internals that we look at are advances and declines, as they will indicate if a rally is too concentrated. We like to have a market with good participation from many different groups. He also looks at the new high to new low ratio, since it isn't easy to get on the new high list.

You may not be a technician but you need to know what the charts are saying and you need to know how to read the internals to verify a real move or a phony one, right now this chart is giving mixed signals to us, but the bulls surely are not going full bore here, and that is something to be a little bit more worried about.

CLICK HERE - To Get Our Daily Charts & VIP Updates

 I cover more and more technical analysis ==> HERE in our VIP members section.

WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED?  CLICK HERE To Join Our VIP ELITE GROUP  -- FREE!



Powered by 123ContactForm | Report abuse

spx daily chart analysis - spx daily chart analysis

ACCESS OUT FULL PREMIUM ELITE VIP NEWSLETTERS & UPDATES!

See What The Fuss Is About - Try Us Free For 14 Days! - Limited Time Offer - Hurry!

Get access to our Daily analysis, videos, coaching, audio, charts and indicators AND MORE....

==> HURRY GET YOUR FREE 14 DAY TRIAL INSTANTLY HERE! <==

=====================================================

spx daily chart analysis  ?

spx daily chart analysis

spx daily chart analysis

Today we are going to zoom back and take a look at the stock market on a weekly chart. You can see why its been hard to make some profits lately, however VIP members here have done particularly well.

Our readers know that our calls on the drop were spot on, however we did not see this huge bounce back up. Its incredible, and you can smell how manipulated the market is right now!

Its like a one or two day drop on brexit, and all the losses were wiped out in a matter of days! However I seriously doubt this brexit stuff is behind us. So we have to remember all that, and it makes sense too when you look at the SPX chart we are back at the make or break area, and back to the falling resistance area. Next week will tell, because there is lots of news coming across the wires!

Its been quite frustrating for lots of traders, as you can see since APRIL 2016, the market has just being going sideways, up and down violently. However we expect this to continue well into the end of 2016. 

CLICK HERE - To Get Our Daily Charts & VIP Updates

 I cover more and more technical analysis ==> HERE in our VIP members section.

WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED?  CLICK HERE To Join Our VIP ELITE GROUP  -- FREE!



Powered by 123ContactForm | Report abuse