BANKNIFTY, DAILY CHARTBANKNIFTY, Daily Chart
Three consecutive close above 33100 will take it to 36960 & 38000+++ levels in days to come.
Stop loss below 31500 on a closing basis. Any fall downside will be buying opportunity.
Disclaimer
I am not SEBI REGISTERED Analyst
My Studies are Educational purpose only
Consult with your financial advisor before trading or investing
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S&P 500 - Down Turn IncomingPrice action has been following the structure path from Dec 2018 - March 2020 up to this point. As an ending diagonal forms on a macro level right at the point where the March 2020 crash took place, price action is pointing to a historical repeat.
Be cautious heading into next week. I anticipate heavy market volatility following the US Bank Holiday.
Bond Meltup IncomingInterest rates are going to continue to move up to help drain the excess liquidity in the system. TGA will spend the last of its money in the form of a stimulus package, then we will see a great reversal on the dollar and interest rates, as cashflow continues to dry up, banks too scared to loan to each other (and therefore not make consumer and commercial loans), and money continues to move from consumerism to savings accounts. Put simply, illiquidity in the system, and raising interest rates will lead to a smackdown to near-zero again, maybe even negative, to prevent a major shock to the system.
Looking to buy more TLT dips this year. I think the meltup will begin with bank insolvency.
Bitcoin bubble?!?! I don't think so! Bitcoin's bubble has even begun to inflate yet. We are going well over 100k before the end of this market cycle. Yes, yes we will hit bumps in the road and have dips from time to time, but we have a long road ahead of us. We have a buy signal initiated on the daily chart after breaking out of the wedge. I honestly couldn't think of a better time to buy if you missed out on the start of the bull run.
Oldman Sachs 👴🏾Reddit, WallStreetBets, GameStop, Silver, Dogecoin, Shortselling, Twitter and so on. These key words are currently dominating the financial world. But what comes quickly, fades quickly, too. Let us not be distracted that there are thousands of well-managed and strongly positioned companies that await your investments. While many assets’ future already are gambles in themselves, there are some assets that have withstood time and will almost surely back you in retirement or pay off your children’s and grandchildren’s tuition fees. One of those assets is the Goldman Sachs stock. Currently declining, there might be a great opportunity opening up for an entry within the yellow box. Between $260.49 and $269.12, we expect a turnaround and a soaring Goldman. On its way up, it will surpass the marks of $281.90 and even $317,76, aiming for new peaks. It is important to note, however, that the price should not drop below $260.49, in order to keep the current scenario alive.
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GBPUSD Bulls Still in Control?Yo whats up traders, today we are looking at G/U of course, this is the main pair I like to trade. Happy Friday to all of yall, I hope we all had a wonderful trading week. Lets make today count and end the week with some good vibes.
Ok, lets get it; So as we can see, price is really staying in this range defined by my 2 blue lines, and from observation, we see that price is showing strong signs of continuing upwards, on the larger time frames. I am waiting for price to push past this major resistance because if we look at the lower time frames, we can get some clues about what price wants to do at this level.
Personally, i think its more likely to see a reversal happen just because its Friday, and I've noticed on Friday, price likes to stay in a relative zone rather than chasing new targets whether upside or downside. But like i said, we shall wait for price action on the LOWER time frames so we can catch the move be it bullish or bearish.
We have an overbought RSI on the 15M and the 5M, this is just a little note telling us there COULD be a reversal, do not use this as a reason to execute a short trade
Whatever the move may be, we will be here to catch it.
Trade safe, trade precise, tradeflow, see yall next week!
Silvergate could become Capital OneSilvergate could become Capital One
From out of no where and then right to the top for its early investment in Crypto.
but i do see a 20% correction pattern - but maybe this time its different
not financial advice
for example i thought it would fall yesterday and it did not - i was wrong.
maybe next week? who knows ? not me!
Nifty Positional ViewNifty formed three black crows means starting of reversal. Breaking the rising channel and staying below 14200 leads to 13800 levels. And staying below 13800 may leads to 13200 levels.. this is all positional view..
Note :- POST IS JUST FOR LEARNING PURPOSE ONLY BEFORE TAKING ANY TRADE DO YOUR OWN RESEARCH OR CONSULT YOUR FINANCIAL ADVISOR.
HAPPY TRADING 🙏🏻
Google Pay to start doing GDOT bank accounts in their platformGDOT Green Dot is famous for their proprietary banking products like prepaid debit cards. If you've ever checked out in the Walmart and you see the little rack of prepaid money cards at the cash register, those are all Green Dot products.
Other side of their business is called banking as a service, or BaaS.
Apple Pay Cash is a Green Dot-powered product, Apple Pay's person-to-person transfer service. That's a Green Dot product.
Uber uses Green Dot's infrastructure to instantly pay their drivers for rides. If you pay for an Uber drive, that money will instantly show up in the driver's account, and that's a Green Dot product.
Google Pay just announced they're going to start doing Green Dot bank accounts through their platform. (fool.com)
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Signature is doing crypto banking
Signature bank is in the crypto banking business
there earnings will push up the price
The All time high was $162.86
We are 5% from that high water mark.
Once we pass this mark
it will run up like crazy
the 50 day moving average is way below the 100 and 200 day while the RSI is knocking on the ceiling
I am not buying any more - not financial advice.