Market Sorcery

Financial Education from the Wizard

[Market Sorcery @MarketSorcery]

Happy Friday they said #stockmarketcrash

[litquidity @litcapital]

Nobody:

The IRS nuking the family home of little Timmy, a 12 year old day trader who forgot to report a $5 gain on a fractional GME share last year:

[Market Sorcery @MarketSorcery]

Short gov bonds. *not financial advice* #StockMarket #recession
Inverse heads and shoulder formation.

The fed will tighten more than we expect.

[Market Sorcery @MarketSorcery]

For price action, we can see the last 3 candlesticks have heavy buy pressure but even stronger sell pressure, which is why the market is starting to bleed.
(Price action is the price that market is right now.) Market has some room to move downwards stay cautious

[Market Sorcery @MarketSorcery]

Was not expecting BTC to try to break 39k so fast a lot of volatility this Sunday, as we can see the last two days have been heavy consolidation which supports the possibility of a new trend that will start in the market. #BTC

[Market Sorcery @MarketSorcery]

Usually during these consolidation periods, when they start to come to an end volume becomes one-sided and has stronger pressure than the other causing the market to push toward a stronger trend.
(Consolidation: the action or process of making something stronger or more solid)