The community is delayed by three days for non registered users.

Gravestone doji on the monthly

Posted by EdZ on 30th of Nov 2021 at 09:30 pm

Gravestone doji on the monthly SPX chart. Identical candle to Jan 2020 before the great fall began, and at all time highs too.

LABU turned green today. Maybe

Posted by EdZ on 30th of Nov 2021 at 03:45 pm

LABU turned green today. Maybe forming a bottom.

Looking for bottoming patterns on

Posted by EdZ on 28th of Nov 2021 at 03:18 pm

Looking for bottoming patterns on these if and when we get a yearend rally.

ABNB - Found support at

Posted by EdZ on 24th of Nov 2021 at 10:58 am

ABNB - Found support at 50dma. WPM - Double doji at the 34ema, 200 dma and 50% Fib

DOW seems to be holding

Posted by EdZ on 23rd of Nov 2021 at 01:43 pm

DOW seems to be holding up fairly well so far today. Finding support at the 34 ema on the daily chart.

HYG - High yield corporate

Posted by EdZ on 22nd of Nov 2021 at 03:52 pm

HYG - High yield corporate bonds having another bad day.

At this time, many companies issued bonds even though they could not afford to pay the interest expenses. Today, such a company gets nicknamed a “zombie.” Such is when a company must feed on cheap debt to stay alive. Currently, the market capitalization of these zombie firms is at a record. The obvious problem is what happens if interest rates rise to a level where they cannot refinance their debt. ~ Kailash Concepts