DJIA - Santa's Rally for a Double-Top?
Updated
Since when Covid anomaly took place and Feds put the interest rates to 0%, the rally still goes on, especially on Christmas Eve!
M2 Money Flow has been a great air-flow for the EVERYTHING bubble to get blown on a larger scale.
Throughout 2020-2021 Feds have been calling M2 Money Flow a Transitory Inflation, a term which Feds started raising concerns upon on their last two meetings held on December 2021.
However 2022 will enter with continued money-printing and same policies by Feds, until numbers roll out, so the Rally might extend a bit.
We got the Evergrande Debt case on the 28 of December 2021, a minor glitch on the all DEBT out there, a possible trigger for 2022 to continue in different ways.
We have tensions of Russia and Ukraine!
The Omicron strain!
THE EVERYTHING BUBBLE IS HERE
Wether on 2022, or later, preserve your wealth for the biggest opportunity of investing coming.
And note that this is not financial advice, but I got my eyes on Crypto more than Stocks and traditional markets.
Oh and yes, Gold and Silver as Well.
Call me a babyboomer of the 90's for that and call it what you want, but Stocks is boring, literally watching grass grow .
Be ready for what's coming and do not FOMO position on the markets from where we sitting .
There is more RISK to the Downside from where we are sitting, rather then it is to the upside.
TRADE SAFE!
Note that this is not FINANCIAL ADVICE.
Please do your own Research before speculating on the Markets based Soly on this Idea.
M2 Money Flow has been a great air-flow for the EVERYTHING bubble to get blown on a larger scale.
Throughout 2020-2021 Feds have been calling M2 Money Flow a Transitory Inflation, a term which Feds started raising concerns upon on their last two meetings held on December 2021.
However 2022 will enter with continued money-printing and same policies by Feds, until numbers roll out, so the Rally might extend a bit.
We got the Evergrande Debt case on the 28 of December 2021, a minor glitch on the all DEBT out there, a possible trigger for 2022 to continue in different ways.
We have tensions of Russia and Ukraine!
The Omicron strain!
THE EVERYTHING BUBBLE IS HERE
Wether on 2022, or later, preserve your wealth for the biggest opportunity of investing coming.
And note that this is not financial advice, but I got my eyes on Crypto more than Stocks and traditional markets.
Oh and yes, Gold and Silver as Well.
Call me a babyboomer of the 90's for that and call it what you want, but Stocks is boring, literally watching grass grow .
Be ready for what's coming and do not FOMO position on the markets from where we sitting .
There is more RISK to the Downside from where we are sitting, rather then it is to the upside.
TRADE SAFE!
Note that this is not FINANCIAL ADVICE.
Please do your own Research before speculating on the Markets based Soly on this Idea.
Note
2021-2022
Note
Note
M2 post Covid
Note
- First signs of trouble is here.
As candlesticks printed we can clearly see two previous green candles having wicks refusals from the double top target, while the Red Candle signaling a Bearish Hammer, getting refused with a wick for the 3 time on the target.
However, Momentum Shifts look partially strong on smaller time frames (EMA) but we should bear in mind that Moving Averages are lagging indicators to be based off before price action.
Looking forward to 0.618 fibb' retracement for price to find suppoert and bounce, otherwise hell will break loose .
TRADE SAFE
TRADE SAFE
Note
DJIA's yesterday's opening started on red, flirting with the bottom trendline of Rising Wedge pattern as resistance and support, which pushed the price higher, and in smaller time frames we can see e Golden Cross of 50EMA with 200EMA.
Today on 12 January 2022 the CPI numbers roll out , last time CPI came out hot being 6.8%+, highest in decades of US's history.
Feds stepped back & gave up using the term of Transitory Inflation , they also discussed about raising interest rates (which I doubt they will) otherwise the Markets would Tumble
Today the Market's openings price action will be interesting to be observed in case the CPI numbers come out lower , but especially if they come out high would be even more interesting to watch market react to that while yesterday they have closed on a bullish up trend and a golden cross on 5-Minutes Time Frame.
Note
Meanwhile on the DAILY Bulls remain on control !
Uptrend still in Track
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.