FED-backed pumping or rather re-pumping of the popped bubble, has taken the DJI to unexpected levels. I think they're making the same mistake all over again. Have a look. No predictions. I don't do predictions. Tough. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can...
Just have a look. I present a case for probability south on the DJI (Wall Street). Reality is catching up. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions...
I present Tradingview data on COVID-19 infection rates and death rates in the USA - and compare those with the DJI (Wall Street). Contrary to what we've been told by our leaders and mainstream media, there is no plateauing of infections or deaths in the USA. NOBODY can say that the virus has peaked. The virus is charging north on exponential curves. Most of...
This is a 60-second screencast. It is designed for thinking - the most important activity in trading.
Key things to take away from this: TD9 is still giving a bear market state. Day traders can sell any selling opportunities if they think the bear is on. Any selling opportunity will most likely to work out. Trump's announcement called some people down. I am expecting the market to go up to set a good shorting opportunity. Take it easy team. See you on...
Have a look-listen. I explore what happened with Gold in relation to the DJI going back to 2008-2009. Then I'm back up to 2020.
This is serious picture emerging right now. Have a look. I'm watching what's happening with Gold in relation to the Down Jones Transportation Index, and Bitcoin. This is all coronavirus related. In tight summary, the smart money is moving into things that store real value - the kind that's unlikely to be affected by central banks. Disclaimers : This is not...
There's not much interest in the Chinese stock index here on Tradingview but the ChinaA50 is absolutely important for what happens around the globe. The A50 is in big trouble and more trouble is yet to come in weeks to months. This is just bad news for the rest of the world really. I'll say no more here - follow some of the price action with me on the 4H.
The picture of the 2019-nCOV is rapidly evolving. Globally there have been >14,000 cases and >305 deaths. The trajectory of spread of this virus has exceeded SARS (2003). In under 20 days there are 14,544 cases. There were less than 20 cases in the same period for SARS. SARS plateaued off at 8,500 cases after 100 days then fell off. What we're seeing in hard...
In this screencast I look at the S&P500 on the 4H time frame only. I show how I estimate the probable direction (this does not mean prediction). I give some information on why the markets are reacting to a low grade coronavirus called 2019-nCOV (same family as MERS and SARS). Disclaimer: This is not trading advice. If you make decisions based on this...
I show how trends can be assessed. Word on the coronavirus is also explored..
I've looked into the DJI and the DAX because they are connected. I also considered events affecting the Hong Kong index. In the text below, I consider China's 'nuclear option'. Overall I'd say the probability is greater for the south on these indices (from this point in time). But caution - because there is a residual probability for the north and I can't know...
I'm throwing this up for discussion. The three key areas of the chart seem to show that a fall in the DXY is followed by sound recoveries in the S&P500. Be careful though, because I'm NOT saying that the weak DXY causes the S&P to rise like a phoenix. It's a community so I welcome different perspectives on this.
This is serious. Find out what 'REPOCALYPSE' is about. Protect your positions very carefully. Get real - I don't know when it's happening nor does anybody else. REPOCALYPSE is not just doom-saying stuff, though it might appear sensationalist. This is reality mates. Those who keep there heads in the sand and do not take protective actions will be flushed out....
It is good idea to compare instruments to get a deeper insight into potential big moves. In this 3 min tutorial I show how to create four scales on the right of the chart for four instruments. To add instruments you use the compare button. Then us a drop down arrow on the instrument at top left to find Pin to scale.
Of course I've been shouting about Gold and Cryptos before. Why? Why?... some people wanna know what's going on. (TURN UP volume on speakers. Microsoft updates caused a problem) I posted on the big de-dollarisation war that was happening in the background months ago. I was also looking at the 'war index' in Lockheed Martin. The smart money has already moved...
Well, well - 'everybody' (except me), is rushing madly bullish on the DJI, as there is now a 99% expectation that the Federal Reserve is gonna make not one but three interest rate cuts over the next 18 months. This post is relevant to risk management and trading psychology . The hard evidence is that rate cuts in the similar economic circumstances are...