Moonbags Markets
Both the weekly and daily trends have confirmed. This means they are capable of making a reversal at any time. The daily uptrend which has played out mostly as a chop has on average 4 days left on it before it flips bearish but wouldn't be shocked if it…
The macro bottom will be virtually indistinguishable from a dead cat bounce and those with lesser pedigree will constantly be reminding you of the latter
I have always said that I believed that this 89k to 90k level was going to be hit eventually and the promise has been delivered. Thanks for playing.
I have always said that I believed that this 89k to 90k level was going to be hit eventually and the promise has been delivered. Thanks for playing.
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Moonbags Markets
Average usually 15.5 weeks/16 days, seems plausible both may reverse in the same time window
Recap:
Week 15 downtrend
Day 15 downtrend
Both will be entering timing windows for reversals in the upcoming days/weeks
Week 15 downtrend
Day 15 downtrend
Both will be entering timing windows for reversals in the upcoming days/weeks
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Moonbags Markets
Recap: Week 15 downtrend Day 15 downtrend Both will be entering timing windows for reversals in the upcoming days/weeks
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Week 17 downtrend
Day 9 uptrend (unconfirmed)
Looks like the daily trend is now up although not confirmed yet, we have gotten a decent bounce off the wick at the 80k level now retesting the highly important and clustered 85k level, I do somewhat expect this area to hold as it's a heavy weekly CME close area
Still waiting on Weekly trend to flip bullish before things put in a power bottom
Day 9 uptrend (unconfirmed)
Looks like the daily trend is now up although not confirmed yet, we have gotten a decent bounce off the wick at the 80k level now retesting the highly important and clustered 85k level, I do somewhat expect this area to hold as it's a heavy weekly CME close area
Still waiting on Weekly trend to flip bullish before things put in a power bottom
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Moonbags Markets
image_2025-12-01_09-11-40.png
Day 4 Downtrend (unconfirmed)
Week 19 Downtrend
No moves until this weekly downtrend is over, no signs of it yet. Expected mid December back in August but currently it is running more extended than expected
Tough to suggest buy the dip unless you are willing to weather an unknown period of downtrending. Once this bottoms, it should rocket imo
If this runs more extended, lets say into Q1 then it will also fit the timeline of an extremely bullish q2 and beyond in 2026
Week 19 Downtrend
No moves until this weekly downtrend is over, no signs of it yet. Expected mid December back in August but currently it is running more extended than expected
Tough to suggest buy the dip unless you are willing to weather an unknown period of downtrending. Once this bottoms, it should rocket imo
If this runs more extended, lets say into Q1 then it will also fit the timeline of an extremely bullish q2 and beyond in 2026
Day 7 daily uptrend (confirmed)
Working on a week 1 weekly bullish reversal
Took longer than expected but here we are
Believe the level to watch is around 89.2 - 89.4k, want these levels to hold by Sunday close
Working on a week 1 weekly bullish reversal
Took longer than expected but here we are
Believe the level to watch is around 89.2 - 89.4k, want these levels to hold by Sunday close
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Moonbags Markets
Day 7 daily uptrend (confirmed) Working on a week 1 weekly bullish reversal Took longer than expected but here we are Believe the level to watch is around 89.2 - 89.4k, want these levels to hold by Sunday close
Weekly level is beginning to teeter
Sub 89.2k is not good and would re-enter the previous cluster range
Level needs to hold
*hold by end of week for clarification
Sub 89.2k is not good and would re-enter the previous cluster range
Level needs to hold
*hold by end of week for clarification
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We now have a confirmed daily downtrend
Recovery into a new daily uptrend can begin as early as tomorrow
However, we need to hold 89.2k by Sunday night close to save the weekly uptrend
Recovery into a new daily uptrend can begin as early as tomorrow
However, we need to hold 89.2k by Sunday night close to save the weekly uptrend
Moonbags Markets
We now have a confirmed daily downtrend Recovery into a new daily uptrend can begin as early as tomorrow However, we need to hold 89.2k by Sunday night close to save the weekly uptrend
Moved to Friday instead of tomorrow as to when the daily can recovery if we hold > 90k
If we can line up an early innings daily uptrend and early innings weekly uptrend, we probably go through 100k, this is on the table soon
If we can line up an early innings daily uptrend and early innings weekly uptrend, we probably go through 100k, this is on the table soon
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