The SSE Composite is looking for a generational trough lands

Telah dikemas kini
It's looking for a trough in weeks/months for a big bounce up. One final leg down on "Weekly" to wrap things up.! Time + Structure is key here. Seasonality is bullish till May, but structurally looks like another low.! Or this analysis is basically wrong.!
Nota
Monthly perspective vs weekly up.!

syot kilat
Nota
syot kilat
Nota
syot kilat
Nota
syot kilat
Nota
syot kilat
Nota
Zoom in, 2 false break downs.!

syot kilat
Nota
This needs to hold up for BABA to go up.!
Nota
We have already broken : (Not good for NIO + BABA)
1/ Triangle.
2/ Channel
3/ Trend lines

Good news, is that we are in oversold territory.! ( Good for NIO & BABA)

syot kilat
Nota
syot kilat
Nota
Technically a dream land for the Bulls, fundamentally something else.!

- Ever probable, applicable & else absolute.!

1/ Textbook 5 waves down + Seasonality Vs Fundamentals + Geopolitical issues
2/ Weekly RSI Diver .!
SSEC vs SPX.!

syot kilat
Nota
W1 is (-14%) VS 9-14%) W5
Nota
- Ever probable, applicable & else absolute.!

1/ Unless WW 3 starts, we start 1929 recession, geopolitical issues arise and we totally stop rhythming with the past + 40 Years or so since 1992-2023 we are having a major trough a "Generational" one.

2/ With a risk down of (-3%)-(-7%) from this week till April of 2024 .!

3/ I am using SPX/SSEC'S MACD highest reading, represented here with Blue lines.!

4/ 8 signals out there since 1992 .!

5/ The move is between +39% up to +300% with in 15 weeks or 129 Days.!

syot kilat

syot kilat
Nota
Vortex Indicator's MACD is suggesting that we are in the final stages of this move, with a (-4%)(-5%) (-9%) risk down.! We are in the process of "Trough Making".!

syot kilat
Nota
Vortex Indicator's MACD "V-" is suggesting that we are in the final stages of this move, with a (-4%)- (-13%) risk down.! We are in the process of "Trough Making".!

syot kilat
Nota
- Regular MACD'S Divergence with price has an outstanding bullish moves, ranging between +15% up to 485% if and only if we hold this divergence.!

- August 2013 is quite strong fractal.!

- If ever probable, applicable & all else absolute.!

syot kilat
Nota
Monthly RSI @ 38 if and only if applicable, probable and all else absolute has a "Trough Making " in progress structure. With down risk in RED and Bullish moves are in Green.

syot kilat
Nota
Closest fractal is this on Monthly which was followed by a +36% Bullish move then major lower low .! 2002-2003 .!

- If and only if applicable, probable and all else absolute

syot kilat
Nota
Could not fit both in one idea.! "Present"
syot kilat
Nota
2002-2003
syot kilat

2023
syot kilat
Nota
Is it a "Trough making " in progress ?

Or this time it's different and we crash big time.!

Technical analysis vs Geopolitical + fundamentals

syot kilat
Nota
For BABA and NIO holders...

As time passes #4 & # 2 :
1/ Similar RSI. 2/ Similar wave structs 3 troughs(Thus far).
3/ -24 & -41% are also one of the differences.!
4/ SM Averages are the in total different positions .!

syot kilat
Nota
RSI OF RSI is still hanging on it's diver, will it be invalidated or no yet to be "Observed"

syot kilat
Nota
*** If and only if applicable, probable and all else absolute ***

The RSI on Monthly is entering a historic buying area a "Generational one". The next (-10%) -(-25%) in Q1 +Q2 of 2024 is the max risk if we rhythm or this TA is basically wrong & Geopolitics runs the show .!

syot kilat
Nota
Up dating a previous idea... Entering risk box soon or not ?

syot kilat
Nota
SPX/SSEC

Up dating our MACD'S High readings study:

syot kilat
Nota
*** If and only if applicable, probable and all else absolute ***
January- March of 2024 is a major trough land for the SSEC, or not and this MACD'S analysis is wrong.!
Nota
Same idea on a weekly chart...

syot kilat
Nota
Updating 230 Monthly SMA...
syot kilat
Nota
syot kilat
Nota
Will we gap down or not in February ? To make one big "Bear tap" .!

syot kilat
Nota
RSI'S Readings VS Percentage decline from last major top .!

- Or its a different move this time around.!
- Ever probable, applicable and all else absolute.!

syot kilat
Nota
Updating...
syot kilat
syot kilat
Nota
Some observations, food for thought .! Divers between EEM and SSEC .!

- BABA and NIO holders ....

- Big moves were missed big time.!
- Not clear to me how to use these so called related instruments together.!

syot kilat
Nota
Correlation between EEM/SSEC and BABA.!

syot kilat
Nota
Updating with RSI + MACD

syot kilat
Nota
EEM'S ETF is printing the lowest RSI reading with the highest trough out there .!

syot kilat
Nota
syot kilat
Nota
RED Circles:

- 2015 BABA leads by 6 Months
- 2019 BABA leads by 15 Months
- 2023 BABA leads by 15 Months ( Or we get a bull's trap.!) "False signal .!

syot kilat
Nota
Updating..
One signal is out of service .! These divers, in the past, resulted in +24% Bullish move.!

syot kilat
Nota
1st major support area has been achieved.!

syot kilat
Nota
Updating...
We have exceeded one of our bearish targets already.!

syot kilat
Nota
Updating...
Our risk model for BABA + NIO holders is 2ed to July of 1994, with 20% bearish steam in it within 60-90 Days if ever applicable, probable and all else absolute.!

syot kilat
Nota
Updating the Monthly's RSI...
Past...
syot kilat




Present with risk down off (-8%) in 60 Days.
- If ever applicable, probable and all else absolute.!
syot kilat
Nota
The big difference here for BABA and NIO holders is we are printing this at a higher price .!
Nota
EEM is printing a rare signal as such on the chart.!

syot kilat
Nota
This is the complete opposite of the previous idea.!

syot kilat
Technical IndicatorsWave Analysis

I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.

****** Past performance is no guarantee of future results***


twitter.com/samitrading1
Juga pada:

Penafian