GBP/JPY: Short PosiitonGreat Britain Pound show right now sell inminent of this downtrend continuation against Yen Japanese to trade Forex
This it's the Daily chart and it's look bearish and Pound could to hit down to $149.46 JPY.
This it's the market structure, but in case that Pound make a pull back to $152.70 JPY approx. This zone it's another opportuity to sell in case that we fall this trade.
Now, in H1 I see this price action and Pound forming a bearish hammer, an indication to sell.
So guys, in our economic calendar there're nothing for tomorrow to still pending the pause of the market when that pass, but we hope to read everyday in our Forex news to know what happen in the world, specially in this conflicts of war between Ukraine and Russia.
Crash!!!!!
US30 still playing out the 2008 crash patternPrice broke the support again. We are early in the week but looking to cover the previous wick and possibly head lower.
Given that a war is going on now, and not simply an economic crash, we may not even get a second pull back (people buying the dips).
Expecting to clear the previous candle wick, to 32,300, and we'll see how market reacts from there.
WTI Symmetry, Could be funJust looking at this 2020 run up, might be a symmetry move. Threw a couple forks at it, I don't have a horse in this race and GeoPol is obviously the jockey here. Fork play on the Rulble/USD puts $0 on the table for Russia in the next couple months too. Gonna be a wild ride.
DYODD
How's That Great Depression Fractal Lookin'? (Dow Jones)It's looking pretty good. Although I was thinking markets could see one final blow-off top, this is looking like less of a possibility at the moment. The bearish narrative has pretty much set in. Although shorts can be squeezed, I think it's likely the market will fail to find buyers at higher prices and get heavily rejected.
Will it play out exactly like this? Most likely not, but the similarity in structure is striking. We also have some similarities in global issues - pandemic, inflation, war....it just continues, only about a century later. This makes sense, because 90-100 years is enough time for many to accumulate generational wealth, and for massive inequalities and inequities to increase due to runaway capitalism. The Dow Jones seems to be confirming a longer term top - the monthly MACD was completely overextended and has just flipped read. Stoch is at bottom and the Ultimate Oscillator keeps printing bearish divergences month after month.
What would happen to crypto if stock indexes declined by a magnitude similar to the Great Depression? I think Bitcoin would probably test levels not seen in years, and perhaps it would bounce more quickly than the rest of the market once the bottom is reached. Things would be insanely volatile. Something like this:
Seems unlikely, and it probably is. But this is all meant as speculation. Let's see what the future brings! There could be some seriously amazing opportunities out there during this turbulent time.
-Victor Cobra
1 and a 2 and a 3...1.. double bounces on Ichimoku Cloud.
2.. Weekly Tenkan-Sen crossing over Kijun-Sen.
and a 3... Chikou Span crossing over prior price confirming trend.
21D moving average on GEX flatlining
Wheat prices, hope you don't like bread.
Oil prices, hope you like being stuck at home.
Nat Gas, hope you have a wood stove next winter.
Vodka losing their damn minds.
This month choices of FUD include:
Nuclear Meltdowns
MAD - Mutual Assured Destruction
Futures Roll
CPI data
FOMC rate hike
Quad Witching
and last but not least Negative Gamma Exposure for everyone!!!
sound money, the play on precious metals is scary thought for metals to do well nations must face difficult times ahead, but with us president having no problem devaluing US dollar to make us markets competitive to export goods, means one think a weaker dollar as other countries do the same thing we are certainly heading towards a downward sprial, and us dollar being a bad place to keep a store of value for your hard heard dollars. just look at the yield curve, they had to manipulate the treasury bills but buying long term t bill and still could stop it from crashing. equities are too overvalued and the coronavirus was honestly the excuse to sell everything. if you really looked that the market it has had severe problems and rapid price appreciation is going to make it worse. i have been conducting research at McDonalds and Wawa and stores alike where they have been increasing the price of goods, and taking items off the dollar menu. the only reason I haven't built a bomb shelter & move to Yukon is cause Arizona 99 cent cans are still 99 cent and Wendys 4 for 4 is still around that my indicator when things are going down cause those are promises lol. enough jokes if you arent heading agaisnt a huge dollar depreciation your in for a rude awaking. just check out dxy if anyone wants i could make a chart. so just know you 401k is effectively gone and the government knows, they made too many promises and now its gonna hurt the people retiring shame. as I had spent some time rubbing elbows with huge investment banking institutions and small ones. they are just peddling financial products to customers and they few u as a number and they are very good that making you feel special. anyway, I do still believe gold and silver will come down a bit. but upside potential very nice to look at if you own some. and everyone should hold a some.
quick bullets
fundamental
+ has been in a bear market for 10 years
+ crackdown on price suppression on metals
+ yeild curve on t-bills just not worth it loose money really.
+ people who weren't in the market before now join in aka your friends bout 2 shares of xyz company and have no idea if it makes sense other then that they love "bla bla bla"
+ every county wants a weak currency
+ feds pooping there pants they did a preemptive .25 rate cut last week and well we could get .75 cut now. so when we go to zero cause powell has no spine
+ world tensions are getting hot turky and russia for example, and Russias FU to opec classic saw it coming lol.
and I could go on and on. my main gold is just preserving my wealth. which is by i sold all my equitys a while ago and am focused on commodities as they are at a near all-time low and you and i can buy things at a record low price that hasn't been seen for 40 years.
oh also there is gonna be a supply crunch as Wuhan is one of the biggest manufacturing cities in the world and well we all know there is effectively no activity
also farming looks like is gonna have a really hard time this spring with there output.
have a great day
-MR MR
Bitcoin About to CRASH! This happened THREE times in 10 Years!Hi All,
Hit the Like and Follow button before we get started!
One of the biggest signal that Bitcoin is going to crash soon just flashed again! This happened THREE times in the past 10 years and yesterday it did it for the FOURTH time! (see the green arrows on chart).
1. The first time it happened on September 2014, it crashed 60% from $400 to $150
2. The second time it happened on August - November 2018, it crashed 50% from $6,400 to $3,200
3. The third time happened on March 2020 (aka COVID Crash), it crashed 40% from $6,400 to $3,800
4. The fourth time is happening now on January 2022, currently at $35,000 and it could potentially crash 40-60% to $21,000 through 14,000
Each time this happened, we reached the final bottom and full capitulation.
Place buy/long orders at $21,000-17,000 and $14,000-9,000 and wait!
Thank me later.
Note: It could take days or few weeks or couple of Months before the crash happens.
Happy trading!
Carl M.
Check out my previous analysis
MARKET CRASH! PAYPAL $PYPL ANALYSISHey all, I know this is some of the first Stock analysis that I have put out on trading view, but for those of you who know me, I have been calling moves in the stock market on point since 2018. Known for:
Called Shocktober of 2018
Called the Crash of 2020 (my call was for 3 days after the start of the crash, since COVID was the black swan catalyst that started its dive).
Called the irregular V-Bottom Recovery for the Crash of 2020.
Called the now forming start of the Crash of 2022 that Ive projected it to happen in Q1 2022, since the start of 2021. This Crash will be an overall trend reversal across major indexes, due to price action reaching a test of a macro scale .618 Fibonacci Extension. I've projected that the crash starting in 2022, will play out a similar style to that of the Bubble Pop that occurred in 1929, except due to the extensive size of the bubbled market we have today, this crash we will see in the market, will make the crash of 1929 look like its little BEEYYOTCH. Shown Here:
Now to jump into this analysis.
OVERALL MARKET ANALYSIS:
After seeing for the first time in a very long time we have seen the major indexes like the SPX , DJI and other indexes all have failed to create a new higher high, despite making a lower low off this recent drop we have seen since the start of 2022. This has started a new downward trajectory for the market, that could lead into the projected crash that I have called to start in 2022.
In addition to the FED re-introducing rate hikes as of Q2 2022, This will just add to all the inflation that is already happening i.e. current currency supply inflation, Consumer price index inflation, supply & demand inflation due to supply chain bottlenecking...
Examples of how inflation is affecting not only the consumers but even the companies producing the products can be seen everywhere. We as consumers continue seeing prices rising with what looks like no end in sight. Manufacturers have been downsizing the products they produce and are still charging more for the same product just packaged a bit smaller now.
For example Gatorade used to have the 32floz bottle size and used to be able to get them 2 for $4. Nowadays you will not see the 32floz size and instead you will see a 29floz bottle size and most commonly I see 2 for $6. Many products have been doing this to be able find extra product within the product they already produce and now use a slightly smaller container which both help cut some costs for the company while being able to produce the same product.
NASDAQ:PYPL CHART ANALYSIS :
Due to the major indexes making that lower low and then coming back with a lower high, this has started the downward trajectory, and as of Feb 2 2022, when the indexes made that top and the price turned around, You are seeing MAJOR PRICE DROPS across many of the individual stocks in recent days.
The drops normally have been forming new large gaps in the chart, which led me to analyze any other possible gaps that are present that have NOT been filled to current date. The ONLY REAL chart analysis that is needed at this point is to follow the gaps in the charts, because as the old saying goes "Gaps Fill".
As you can see here on Paypal's chart, we had been dropping from its highs since mid-2021 and also made a gap higher up in the chart in November 2021 that has yet to be filled from $216 - $224. The bottom of the gap was re-tested and failed, which resulted in a drop down to the .382 FIB Retracement, but upon its initial test, the price action broke below the .382 level. Although its attempt to hold that level, its initial break would be the cause for its continued move downward.
Although we had what looked like a promising recovery off the .55 Fib Retracement level, this was SAVAGELY Shut down the same day that the major indexes put in the lower high turnover in price action. Combined with the market pricing in its dissatisfaction with the FED reintroducing rate hikes next quarter, the combined confirmations have woke up the bears from hibernation and they are HUNGRY.
This SAVAGE rejection produced an instant GAP downwards of 20.5%, resulting in a GAP from $141 - $176. This has yet to be filled, as marked on the chart.
The drop down to this level has filled a GAP that was left unfilled from May 2020, and is now filled. Which is a slightly positive observation. We could have seen the gap that we just formed possibly fill, if the price action was able to break the bottom of the GAP which sits right on top of the .618 FIB Retracement level, and with the GAP candle forming under the .618 fib retracement, this produced a further move downward, creating a move further downward to the $123 price level.
Currently, we have the candle from last Friday (2/4/22) form candle body support on top of the .706 FIb Retracement level and that correlates to holding support on top of a Double Top that formed formed from the start of 2019 up to the crash of 2020.
PREDICTIONS:
Overall, there are plenty of swing trade opportunities all throughout each of the moves the market makes. But overall, a short/downward price action bias is still overwhelmingly strong right now
A) From this level we could see a move to re-test the .618 Fib Retrace, resistance level at $141. IF it does re-test the .618 fib retracement, the probability of being rejected is HiGHLY LIKELY due to the strength of the .618 fib levels overall, but that would also mark the top of the now filled GAP from May 2020. And considering the time frame as to which that would happen, that would be around the start of Q2 2022 which is when rate hikes would be started again. A break of such a strong fib level also has a very low possibility due to the move that was just made downward as well.
B) Whether we re-test $141 or we re-test the $128 level, which is the bottom side of the May 2020 Gap that's been now filled. The current candle body support on the .706 FIb Retracement level is below this $128 GAP resistance and also below the last long term ascending trend line that we had. The confluence of bearish confirmations would mean that the bottom side of that GAP would result as a new resistance point for the chart and seeing that there is yet another unfilled GAP from April 2020, we are most probable to see a move that pushes us down to the $94 - $96.50 price level. A Key indication of what the next move would be from this GAP fill would be whether or not the price action can recover and wick back above the .865 fib retracement to hold candle body support.
C1) IF it can recover the .865 fib level, that could fuel a trend to the upside to re-test the .786/ .706/ .618 fib retracement levels, A break and hold of support of each would allow us to fill the November 2021 and February 2022 GAPs.
C2) Keep in mind that there is also a GAP that is from April 2017 that is yet to be filled that sits down at the $45 -$46 price level. After filling the April 2020 GAP at $94 - $96.50, If we CANNOT recover the .865 Fib Level and start to close daily candles below $100, the probability of yet another move downward to the April 2017 GAP would be inevitable. We would see some indicator and oscillator relieving support at the 1 Fib Retracement level and then ultimately the 1.618 FIB Retracement level sits down at $37.50..
CONTINGENCIES:
There are a couple of things that would create the opportunity but also the ability to continuously capitulate in a waterfall down, 85% to fill the April 2017 GAP and down 88% to find support at the 1.618 fib retracement level.
These factors would include any of the following:
FED not realizing that the market will continue to capitulate as long as the are integrating Rate HIkes. Of which, start in Q2 2022 with up to a 1% rate hike, Q3 2022 with up to a 2.15% rate hike, and Q4 2022 with up to a 3.25% rate hike. Then for 2023 the continued rate hikes are projected at 3.25% and up based on FED evaluation. They do not plan on decreasing rates by any means until their have drastically reduced their $9.5 Trillion Balance of Mortgage Backed Securities (Debt Treasury Bonds) that they have bought from the banks in the form of bailouts. This balance does not include any of the passed budget plans that has required the FED to create new currency to fund budget plans which also include all the stimuli for COVID-19 and EDD funds to each state to continue to payout Unemployment claims, PUA and PEUC benefits to everyone.
NOT Reverting back to 0% rates will continue to impact the market with detrimental effects from the roughly $25-$30 Trillion dollars that have been created in the past 2 years. With how long the rates have been at 0% - 0.5% prior to COVID and then during the last two years, having maintained a 0% rate, while we also have been creating obscene amounts of new currency to be able to provide liquidity for everything that would be to simulate the economy velocity or to pay for COVID related expense, and bank bailouts. Another detrimental factor that comes into play are that physical fiat currency will NOT be made for most of the amounts that have been generated for liquidity. Which means that the Federal Stimulus direct deposits and checks, the bank bailouts, and the liquidity given to states to fund the Unemployment and PUA and PEUC benefits were all sent out using currency digits. Currency Digits = newly created currency from the FED that does not create new physical fiat currency to account for the newly created currency amount. Instead this currency amount is transferred as digits and then the debt is held in Treasury Bonds. Problem is that those T-Bonds become a ticking time bomb, cause the FED has been creating new currency digits to give out at a 0% rate, but then has to turn around and buy up defaulted mortgages and debt bailing out the banks to then make new Treasury Bonds for the new debt its bought, of which all banks and other country's banks and governments would bid to be able to acquire these T-Bond'd backed securities of debt for an incentive i.e. profit %, tax cut, lump sum payout for holding it. But when you have every other Country in the world that is having their own economic crisis that takes them out of the picture and banks cant buy up the T-Bond debt like they usually would because they would have to ask their sugar-daddy (The FED) for liquidity to be able to buy up the T-Bond Bills..Now these T-Bond backed securities of debt have no one buying them up and they will eventually come due,. Take a crazy guess as to what willl happen then?.... Yup thats right, more new currency to be able to
High Frequency Algorithmic Trading bots Fueling excessive moves downward due to the nature of which they are coded to use indicators and oscillators that reflect current market momentum and strength. Just as they did during the Crash of 2020. Many of the anchors on MSNBC would frequently discuss/complained about how these HFT Bots were continuing to drive the price down uncontrollably.
Overall High Inflation combined from the new Rate Hiikes (1%-3% per quarter), the Consumer Prince Index Inflation (avg. 7.1% ea. month), the Current Currency Supply (physical fiat) inflation (avg 28% YoY) combined with decreased Economic Velocity with force people into another economic indeflation where mass deflation and inflation are being made at the same time -- deflation made by the fear of markets downward trends and consumers reverting to mattress savings of cash, and inflation made by the government creating new incentives for people to apply credit and loans, new stimulus handouts, and any other way they can think of to stimulate the economy and continue to have velocity..
There you have it, a combined analysis of short term and long term price targets, analysis of the market overall plus $PYPL charts specifically, and then a cross analysis of how current and future economic conditions could and would effect the price as well.
If you found this helpful, Please remember to leave a Comment, Give this post a like and so you do can get regular updates for my analysis whenever they are posted, Follow me and make sure you have notifications turned on!
Will There Be A Crash in S&P 500 (US Stock Market) From Here?My View
Other countries Markets Including Indian Markets has followed US Stock Markets Bull Run.
Note- These are my personal views and not investment advice or recommendation. Only for educational Purposes, moreover market is the ultimate king and anyone can go wrong predicting it. DYOR before investing/trading.
Since 2000 Each S&P 500 Bull Cycle has gone for 4 to 5 years each
giving an average return of (117%) before crashing/correcting
Significantly for 4 to 7 Months each.
Current Market Bull Run has gone for 2 Years and given a return of nearly 90%.
Therefore Markets will sustain the bull run until it remains above Base band
and may further continue for another 2 to 3 Years before crashing/correcting
and touching the lower band. So According to me markets may not fall
significantly until it breaks the base band
But There is a Catch. As it has given 90% Return Markets may not move
significantly higher instead rise slowly for the remaining part of the bull cycle.
Once it crashes due to any fundamental issues and takes support in lower band
it will rise again, and the market crash most probably will
last around 6 Months (Top To Bottom Formation).
So Invest in Quality Stocks For the Rest Of The
Bull Run To Be Safe. As Markets will strictly adhere
to valuation and quality unlike the last 2 years
where every stock rallied significantly.
BITCOIN FEBRUARY CRASH - BTC/USD
The trendline from the wicks match exactly with 2.272, 2.414 fib extensions and the technical target from the falling wedge.
I believe BTCUSD needs to spend some time between 28k - 38k, more so inside 32k - 38k levels.
It might also bounce from the upper trend line which coincides with 0.5 0.618 levels, 39 40 is also psychoologically a bouncy level.
Another option is around 33k where BTC recently bottomed and it lies inside what I call fibonacci golden pocket between 1.272 - 1.618 levels.
Nevertheless here are the targets a little closer.
Don't forget that if the top of 44613.68$ is broken the fib extension should be redrawn and all the levels would change slightly.
All of this would be invalidated if BTCUSD closes a day above 52k or ends the month over 46.3k.
The reason behind 52 is that it is the 0.618 retracement where higher than this means most likely the dead cat bounce scenario will not play, and secondly 46.3k Feb would print a bullish monthly candle
BINANCE:BTCUSDT
BTC Crashes Below $35K, Is $29k Next?Bitcoin (BTC) sinks below $35k on Thursday. Global risk aversion amid Russia’s invasion of Ukraine has shaken the markets.
Investors bet on breaking of January lows of $32,933.33.
At the time of writing, BTC/USD is trading at $35,229.01, down 5.49% for the day. The world’s largest and most populous cryptocurrency by market cap held 24-hour trading volume at $36,562,674,794 rising almost 52%.
US30 playing out 2008 crash's patternBeen looking at the US30 over the past month.
On a weekly chart, we see sort of a head and shoulders, and just completed the final touch on the neckline. This is a repeated price pattern from the 2008 crash as we can see from the bar pattern extract below.
The uncertainty with the Russia-Ukraine conflict will either make or break this? Keen to hear your thoughts.
#NASDAQ - CRASH - 12.000 INCOMING? Nasdaq broke the recent correction lows and closed right at session lows.
If we just saw the first wave of a correction, and after that, the relieve rallye to the 50retrace, we now might be poised for the second leg down.
Copy the first leg, measure it from the high of the relieve rallye and you end up retesting the old ATH at 12k, what clearly is a major inflection point in the Nasdaq chart.
That would probably be an insane buying oportunity, especially in some - at that time probably completly obliterated - high growth stocks.
---- If you wanna protect your portfolio, wait for Nasdaq to retest 13.700 from below and get rejected, that would be your lowest risk/reward short entry. Im not posting full short setups though, cause of reasons :D ----
STAY SAFE out there and good luck on your trading.
$NQ Top is In on the 1M - $9007$NQ top is clearly in on the 1M chart. Bearish engulfing candle with key resistances needing to be retested. The global economic picture is becoming more gloomy as the US defaults on its debt for the first time ever this winter (2021).
As an investor and avid study of the markets, I look for value buys with high probabilities of long term triple digit returns. I will look to back the truck up in $NQ at $9007, until then every bounce is just a distraction.
- PennyBags
CME_MINI:NQ1!
SPY - Crash is coming?-Looking at the current levels, SPY is super close to the danger zone which is at $427 and the second one is at $420. If SPY breaks below these two, we might have some serious problems!
-Alright but before panic selling, hedging, and liquidating, what is our plan? Why should we be scared or maybe not?
1) U.S debt level increased a lot during that bond purchase period where FED was infusing money into the economy, if we should talk more specifically, we are talking about $100 billion USD each month. Now we are looking at recovering from the pandemic's negative economical effects, to do so we have to implement these monetary regulations (Tapering).
-But will rate increase help the economy?
Well, it will help the dollar add value to itself for sure, but what about retail sales and consumption? People won't feel that free to take them loans and spend it as if interest rate ain't a thing. The drop in consumption might cause a possible recession.
2) Inflated market needs to chill down. During the pandemic, we saw one of the fastest rebound from the drop to the highest-highs. Tech sector had enormous gains and attention which gave a lot of bubble feeling to professional investors and the whole finance world. With the current uncertainty, all of them, especially unprofitable ones are dropping. Will they be able to hold on the game when they will have to roll their loans with bigger rates? Or will their private investors be willing to give out the valuable cash when the whole market drops, to support the business?
-A lot of these companies are not expected to get into profit zone any soon, and we are talking about the future 3-5 years. So market definitely looks more bearish than bullish.
When it comes to technicals, SPY must stay above $427 which we doubt it will.
OUR TARGET:
1) $427
2) $485