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ricjames
@ricjames
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2017-10-12 20:19
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ricjames
steem
8y
Daily Update S&P 500
Today since opening the S&P has dropped just as I said it would in my post yesterday. I believe that we are going to see a mirror of the upward move prior where it touched the upper resistance line
$ 9.601
50
1
ricjames
steem
8y
Daily Update S&P 500
Yesterday I shared my weekly projection on the S&P 500 and my thoughts on how it would act in the coming day's and weeks. Today it has broken out of the downward moving trend and looks to have slowed
$ 5.895
46
1
ricjames
steem
8y
Weekly Outlook S&P500
In some of my previous posts, I made some forecasts of what I thought the S&P 500 would do. In my previous post, I spoke about how the S&P might be making a running or expanding flat pattern. I
ricjames
steem
8y
Daily Cryptocurrency Update
Today in the cryptocurrency markets we are seeing a continuation of the bullish moves we saw yesterday. In the post I shared yesterday, I talked about one of the best trades of the week in which you would
ricjames
steem
8y
Best crypto buy of the week!
There are some really good set ups in the crypto markets today but one with a possible upside of close to 60% gains just this week. That buy is QTUM. Looking at the charts for QTUM we saw a big impulse
ricjames
steem
8y
Daily outlook for BTC
We saw Bitcoin for the first time in awhile make a sizable impulse move upwards. However, after that big impulse we saw all of the gains taken back by the next morning, actually creating a new low. Now
ricjames
steem
8y
Cryptocurrency Update: LTC
Here is the 4 hour chart for LTC: If you can see the bottom of the chart you can see a second point touching the bottom of this channel. I have been wrong for the longest time trying to find the bottom
ricjames
steem
8y
Trade Alert: BCC - March 28th
It's almost time for the reversal in the cryptos. One of the best looking set ups out there is on BitcoinCash. Looking at the charts you can see that BCC broke out of the long downtrend and has since pulled
ricjames
steem
8y
Bitcoins Longterm Projection
For those of you covering the crypto markets you know how volatile the cryptos have been as well as this downward move we are seeing in the markets. When looking at the 4 hour chart on BTC, some signs
ricjames
steem
8y
Stock Market Crash = Crypto Crash???
If you have been following me in the past, you will know how I talked about the correlation between the stock market and the crypto markets in the recent month. Every time we have seen a steep sell off
ricjames
steem
8y
Are we seeing a change in trend in the cryptos?
I was watching the action in the crypto markets last night and would like to share some interesting data I got. If you look at the chart below of ETH, you will see that there is a double bottom occurring
ricjames
steem
8y
BITCOIN SMACKDOWN
We saw a massive pull back in the crypto markets this weekend as cryptos got slammed and look to be continuing that trend. This usually occurs right before a reversal so get your buying fingers ready as
ricjames
steem
8y
Cryptocurrency Update (Correlation)- March 23rd
Cryptos didn't hold the .382 fib support line that I had thought and fell to just above the .5 support line. We have seen a nice bounce back by many of the cryptos. 1 Hour Chart: NEO Looking at NEO you
ricjames
steem
8y
Trading Update: NEO, QTUM, DGD - March 22nd
There are a lot of possible breakouts that are about to occur in the crypto markets. These are a list of 3 that I think will have the best breakouts. 1 Hour chart: NEO We saw a corrective drop occur yesterday
ricjames
steem
8y
Trading Update BTC - March 22nd
Just like I predicted yesterday, we saw another steep sell off in the crypto markets today. If you look at the chart below you can see the price of BTC fall right onto the .382 fib retracement line which
ricjames
steem
8y
Bitcoin Trading Update - March 21st
Bitcoin broke through the support line earlier this morning and have seen a little pull back towards the line. Look for the price to continue to rise in the SHORT TERM and then see another drop. This downward
ricjames
steem
8y
Trade Alert: DGD
In my last post I talked about a great trade set up we had in DGD. Right now we are seeing the first impulse move upward towards the top resistance line in the expanding flat pattern. I see this move breaking
ricjames
steem
8y
Cryptocurrency Trading Update: DGD - March 20th
Yesterday I posted about a great looking trade involving the cryptocurrency DGD. Today it looks like were about to see the big break upward. If you remember my post from yesterday, I talked about how this
ricjames
steem
8y
Cryptocurrency Trading Update: DGD - March 19th
We look to have a strong set up for a massive move in the cryptocurrency DGD. Looking at the 3 minute chart you can see we are at the top of a channel and are looking for a break to the downside. I am
ricjames
steem
8y
Trading Alert: Steem
We have a break of the lower support. Expect to see a pull back towards the support then an impulse move downward. I will keep you updated as the move progresses. It looks like we are seeing similar moves
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