SPX500 very long fall….During the economy.. slowing down because of the recession still hold and above 40 year all time high. Inflation is still on high rates.
Things are not going well but we be seeing lots of losing streaks of monkeypox global health emergency, recession and Biden tested Covid again.
SPX500 going to have a very long fall
Crash
Big Head and Shoulder Pattern 10 yearHey all just showing the ten year is looking like it will fall in anticipation of the fed relaxing its polices as we are in recessions and the labor market might weaken with the layoff announced by the big boys (tesla, Apple, google etc.) the distance of the head to neck bring the target to 2% which is less then current interest rates so I don't know if it will go that far with out something breaking in the economy first to cause this sudden shift in fed policy. Although Bull will put this in there case of the bottom is in history does not favor that philosophy. If you actually do research at the old peaks in the 10yr yield you will see markets usually collapse with the yield. Examples are 1999-2000 as the tech crash started, 2007-2008 as the GFC started and even in 2018 yields started to fall and the market bottomed after another +10% fall so watch out dont get FOMO in current rallies.
Like and Follow for more Trade ideas and Financial education.
Sell high pressure/Recession fearsAs we all know about everyone is talking about the recession.
Looking forward NAS&US30 forward a big drop of a crash.. the economy is slowing down and recession still hold above 40 year all time high. Which means we are already and had been in the recession.
Biden and the White House declined twice and economic isn’t going well. Monkeypox global emergency declared as well and spread all over the globe faster rapidly.
Nas should be heading down 10K
SPX ~6000 if this time is not differentThe SPX chart has 2 goals and one constraint:
Demonstrate the VIX / VVIX ratio as an inverse momentum indicator for SPX. The VIX is risk adjusted" by VVIX and the ratio is more useful than VIX alone. "Useful" is similar to 'Statistical Power' and means less data required to identify smaller changes amidst higher volatility.
Suggest that an ATH of SPX 6000 is "not unreasonable" considering the pattern and magnitude of prior large moves (corrections, bear markets, and very large dips)
. . . Unless this time is different.
Housing Market Boom / Crash Statistical AnalysisHousing market's median home value (for new homes) peaked 2 months ago at $457k.
Total growth leading up to that point over the last 59 years, since 1963, was $439.3k.
The last two years accounts for a significant portion of all growth, while the last two growth periods displayed more growth than all of which occurred during the 44 year period between 1963 and 2007
12.4% of all growth has been lost in the last 61 days, or 37% of what was gained in the last 2 years.
Following the bailouts in 2008 we began to see recovery across markets, but starting around 2010 an exaggerated period of growth began. After the covid pandemic flash crash, that exaggerated growth skyrocketed, leading to an unsustainable market economy, especially in housing.
The losses we've seen over the last 61 days may indicate the beginnings of an extended period of severe loss if markets are left to correct naturally, if not artificially bailed out yet again.
Might be a Bearish day on GDP newsHey guys,
Just and trade idea on the back of a massively strong day which nearly always gives it back the next day so i wouldn't be a buyer right now. I'm more on the side of shorting for another down day before the markets go to the higher long term down trend boundary. We have GDP numbers coming out and I don't see how they will be good must likely negative and recession confirmed hence why the white house wants to change the definition. Apple and amazon earning are the only wildcards, they could pull the market higher as most of big tech have rallied after earnings.
The VIX & VXN both look ready to blast higher tho charts below. This gives me more of a downside bias and with 3-1 risk to reward worth taking.
Please like and follow for more ideas and trade setups
The Next Housing Crash will be Catastrophic - Prepare Now!American and international corporations are keeping a large number of properties off the market as investments. These unoccupied flats limit supply in sought locations, creating an artificial scarcity as a result of central bank policies that finally caused an Everything Bubble. The number of corporate purchases of houses has increased dramatically. This has fueled demand in market, but if rental income fall as a result of the recession, corporate purchasers will start liquidating those same assets.
As mortgage rates are rising, people are having a difficult time to allocate their income towards mortgage payments especially in times where rising food inflation is also a major problem for majority of Americans and if unemployment rates goes slightly higher then mortgage default will occur on a national scale, leading to another catastrophic housing crisis.
In one of our previous analysis we stated, how inflation will peak at 12% and in case of a recession it is certain that inflation will stay on it's trajectory to peak while, Home prices will start correcting.
Demand and Supply comparison between U.S Population growth and overall Nonfarm payroll employees against total housing unit supply
Listing count of houses actively on sale have increased significantly in June by 18.74%
According to the MBA's Refinance Mortgage Applications Index, applications for mortgages refinance fell 5.7% in June and have fallen by 70% year on year to the lowest level since 2000.
PPI for Construction material have increased by almost 50% since 2021, forcing builders to shrink margins by 10-12%
Conclusion: Since owning a home is becoming increasingly costly, it is prudent to rent one because real estate prices will soon begin to correct.
NOTE: Cost of Farmland which have adequate water supply will continue rising due to current geopolitical situation.
To leave this analysis on a positive note, We have picked an undervalued stock for you,
Unity Software Inc. (NYSE:U) Looking at the future, their is one aggressive company that should be in every tech growth investor's portfolio which have the potential to outpace market, Unity Game engine can render ultra-realistic graphics, The next decade will of The uncanny valley and unity software plays a major role in it, Unity software are down 70% this year and trading 40% below their IPO value, The stock is currently at discount and from a long-term prospective and we believe that it will provide 80% return within 24 months making it a best buying opportunity.
To this wonderful community,
Be safe and be prepared,
Thank you. ❤️
Balusdt Sell tradeHello traders!
Welcome Back to another episode with analyst Aadil1000x.
With the crash of Bitcoin, we will also catch Balusdt from the True reversal point.
BAL Sell limit 5.487
Stoploss 5.718(-4.2%)
Target 4.87(+11.6%)
Hit the Boost button to rocket our energy and follow to stay connected.
Big Shifts for Indices incoming Hey Guys, The US100 just broke out of its consolidation pattern and currently retesting should bounce off or coil during this intense week of earnings and news. As shown, I expect the price to retest the downtrend resistance line in yellow but it's a strong trend line and has the 200-day ma that will push them down. We Have so many indicators showing we are going to have more volatility coming. As shown below we have a head and shoulders pattern on the US10Y, we are hitting trend lines on the VXN & VIX, Silver is still falling and all major us indices have a bearish engulfing candle. So my belief is that we will roughly follow the trend outlined (A-Y) hitting our last leg down then possibly if gold and silver find support and the DXY hits its trend line again pushing it down the US markets could bull hard out of the downtrend as inflation price pressures are calming down ( Commodity prices and excess stock ) coming into play just like what happened during the 1970s. I don't think the economy or the stock market is out of the woods when it comes to inflation though like all inflation cycles it comes in waves and progressively gets worse each inflation pulse greater than the last.
But there will be periods of relief in between these pulses, when we hit that Y leg look for divergence on the RSI, strong rejection off the support line of the downtrend, Silver and gold bulling, Vix & VXN overextending, Bond yields continue to fall, DXY falling. These will be the signal that we will bull out of this downtrend and wait for the next inflation spike probably start-mid 2023. Keep an eye out for contagion with Sri Lanka, According to the UN there are up to 69 countries all facing a similar Debt crisis that could lead to civil unrest and with the war in Ukraine not stopping anytime soon food and energy security is extremely fragile for these nations.
Im going to be posting Charts on the silver/gold, US10Y, DXY,AUD/USD as well expressing these point more.
UKOIL - ShortOil will probably crash for whatever fundamental reason, in the coming years
Technical perspective:
Visible Leading Diagonal, implying that the impulse is towards the downside - as long as the invalidation is respected
Diagonal would be Wave A, and Elliott Wave's basic retracement is A-B-C
Hence, we should be anticipating a Wave C downwards soon
Critical Period for the Markets - To Buy or Not to BuyNot accounting for any fundamentals, the OANDA:SPX500USD and the OANDA:US30USD had a strong rejection from heading lower in 3 consecutive weeks.
Fundamentals will be required to decide whether the market is moving back to a long term BUY.
We hit a low of ~-20% from the highs on the DJIA and ~ -25% from the highs on the S&P500.
On multiple time frames, prices are in a key area.
From technical analysis on the daily chart:
1) potentially a double top was forming but did not break the neckline
2) then a double bottom is forming and now we're waiting to see if it breaks the neckline, which is also a major resistance
3) the double bottom formation was pushed up from a 1D demand area, which is also a 1M demand area.
Looking at the candle on a weekly chart, it shows a pretty strong rejection.
1) Price printed a lower low vs the previous week at 3721.6 vs 3741.6
2) Previous week was a bullish candle, and this week we have a bearish candle closing in the body of the previous week's candle.
3) Strong rejection candle printed on 14 Jul 2022 with huge wick, followed buy a very strong bullish candle
4) We're facing a resistance zone that was tested multiple times but failed to break.
I am expecting a potential fake out for price below 3950, but if candle closes higher, I think we can call buys. (purely based on technical analysis) With fundamentals, we could be more sure of the probability of how the market will move.
Unexpected +100% - maybe more pump, or a dump back to realityI rly did not expect the XCH USD price to rise quickly that much. Maybe it happend because of the low volume and because the two quick dumps before and therefore the sell pressure was low. The general downtrend is still intact. I am curious if and when we will see a retest of the resistance arround 30 USD and if it can hold. I am also very curious how high the price can rise. I still expect a decreasing price below 20 USD in mid term because of the high supply before the first halving will happen in ~ Q1 2024. But we will see. At the moment farming is still not covering the costs for many people, even with the still decreasing netspace. This could result in more farmers to hodl and waiting for higher prices to sell at and therefore lower the real supply at the market. And AFAIK there are no major announcements in the pipeline for rly big unique features or new industrial, financial or state partners. I also don't expect the company to go public within the current global market situation.
As always: No financial advice, just my thoughts.
up or down - who knows ;-)I think it will go down from here, but who knows. BTC never had such a market situation. BTC market started after the financial crysis 08/09 and like the NDX it just went up from there. We only have the normal cycles within a long bull market. This can be the bottom but it also can be not. I for myself just chill and watch the ship sailing. I am not in a hurry to sell or buy more :-D
no finacial advise, just my 5 cents.
Home-Builders DROP WORSE THAN 2008 - Canary in the Mine screamsLast Time The National Home Builders Index Dropped repeatedly - The 2008 Market CRASH and Deep Recession happened right after.
And Now It has Dropped Sharpest in its History.
The Canary is the Builder sentiment - Dropped to 55, a drop of 12 points.
This is the largest single-month drop ever, with one exception. The exception being April 2020. As you may recall, the world had decide to shut down at exactly that time.
Or is it the Scream of the Crashing Market ?
Tornado cash Torn price analysis Tornado cash Torn price analysis for long term
torn is makeing lower low its bearish we cant risk by taking entry ill wait for the price to make a higher high or stable at one point thn will take entry for longer term
not a financial advice.
Follow through US30 analysis against 2008 crashCould it be that market cycles are shorter now, versus back then in 2008?
Also, we probably have more participants in the market now compared to prior years.
More investors, traders as it has become more accessible.
More people learnt from 2008 crash to buy the dips on indexes like the S&P as there is a very high probability of it only going higher.
But, here's what I mapped out on the 1D chart from 2008 crash versus the 1D chart now.
Could we be in a period of consolidation at point 6? or are we only at the tail end of point 5?
Could market take a turn for the worse with recession? Or are all the scares just not coming through in numbers?
Indeed, we came close to a key level of pre-covid highs. But, I would still be calling for sells based on technical analysis, but will have to wait for confirmation. There is also a probability for continued upside.
BTCUSDT: Breakout Rising Wedge, Bearish Continuation to $15031?Hello Fellow Bitcoin Investor/Trader, Here's a Technical outlook of BTCUSDT!
Support our content by smashing the like and follow button, you also can share your opinion in the comment section below.
BTCUSDT has impulsively broken out of a rising wedge pattern with a marubozu candlestick. The Stochastic indicator made a death cross, indicating potential bearish movement ahead.
All explanations are presented on the chart.
The roadmap will be invalid after reaching the target/ resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"
Bitcoin short the bear flag - road to 10kHey everyone
seems like great time to draw bear flags and trade it on bitcoin.
now we have the minimum risk and tighter SL possible setup. its an 1:8 of Risk:Reward ratio.
im taking this one personally. Dont forget to put a like and follow me if you want more content
tell me what you think in the comment section
Deeper Network DPR Crypto Bearish MDeeper Network DPR Crypto breaking down from the Bearish M Pattern with a drop to .0186cents. I am assuming it will do the drop when BTC Bitcoin does its next major drop.
Bullish News: Aug. 5 & 6, 2022 Deeper Network has an invitation to showcase at Sir Richard Branson’s Block Chain Summit on Necker Island at the Neckerverse Showcase for a chance to pitch to the Virgin Impact team and other global heavyweight investors.
Bearish News: Possible Token Crash Starting around September 6, 2022 thru the next 8 months, investors getting Deeper Chain DPR returned to them who bought in at .006cents to .02cents. Deeper is only allowing 750,000 DPR total perday from the miners and the invests to go over the bridge from Deeper Chain to the other two chains to get to an exchange and to sell. Some of the people have set up computer programs to keep dumping coins over the bridge first so they do not get locked out when the daily total of 750,000 is hit. There was 2Billion token allocated to sell but they only advertise 1Billion being sold. DPR given out already to the investors that crashed the coin the first time, there is an estimated amount of 3.3Million to 6.6Million Deeper Chain DPR being released each day to their investors for the next 8 months starting in September 2022 thru May 2023. Will Deeper fully open the bridge or will they try to control their investors cash out for a second time, well see what happens…….. How will the miners plan for this apocalyptic scenario of no longer being able to move Deeper Chain DPR across the bridge to get it on an exchange to pay for their expenses? I foresee another massive upset that Deeper Network will hush the investors by kicking people out of there Deeper Network community social groups when people complain and get upset like what happened when they lock up the investors DPR the first time without paying them back as was promised in their smart contract that had a hidden back door in the smart contract to reprogram it and to lock back up again. This is a lack of trust that I don’t think Deeper Network will every out live.
-Crypto Whale Information: See the Whale news on my channel for their Wallet address & Location, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now)
- Deeper Chain Community Governance - Currently being controlled directly by Deeper Network, not by the Community but thru a back door in the program (Verified on AMA)
- 7 Validator Nodes on Deeper Chain, 3 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes on the Governance with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU
-Deeper Chain DPR Crypto Burn Wallet #1: (Warning this is a subject Deeper does not like to talk about) There has not been a routine burn setup yet promised by Deeper to fight inflation . The only burning is est 21DPR perday equivalent to about .80cents per day!!! from the Validator transactions which they are calling a “Routine Burning or Every Gas Fee”. The old burning was every 7 days and burnt all the treasury wallet. Then they slowed it down to every 24 Days thru the Treasury and to burn only about 1% now. There is credit burning set up for the miners, which is false advertisement because they only burn 1% of the money paid to buy credit to increase mining rewards. The rest of the money is added to the treasury wallet for Deeper to pay their DEVs instead. Waiting for Deeper Network to provide Burn Wallet Address for all three Blockchains so the community can monitor what they are being told. Talking about this subject will get you band and removed from Deeper Network Social media accounts so be aware………… Deeper Network has responded to my concern about this saying "that 1% of the treasury wallet is burned each day" but I don't believe that's what happens, I believe that only 1% of each transaction that is transferred to the Treasury wallet is then sent into the burn wallet only during the transaction process, not that 1% of the treasury wallet total is burned. So once the funds go into the Treasury wallet once the 1% has been taken out, the remaining funds are no longer programed to be burned. (...to be determined) At the moment it is unknown how to see a total burn amount from this wallet but you can see how much DPR will be burned in the next 7 day burn period.
-Deeper Chain DPR Crypto Burn Wallet #2: Deeper Network has not provided the wallet address from the burning during the Pico sale so the community can monitor the wallet activity.
- Deeper Token ECR-20 Blockchain Ethereum Burn Wallet Address - Deeper Network has not provided the wallet address from the burning during the Pico sale so the community can monitor the wallet activity.
- Deeper Token BSC Binance Smart Chain Burn Wallet Address - Deeper Network has not provided the wallet address, nothing would be in the wallet address that i would be aware of if it exist yet
- Deeper Chain Treasury Wallet Address: 5EYCAe5ijiYfyeZ2JJCGq56LmPyNRAKzpG4QkoQkkQNB5e6Z (At the moment this is funded by the left over Validator Transactions & Burn DPR for Credit Score Increase, 1% of Transactions going into the wallet are Burned, this is confirmed)
- Polkadot Parachain for Deeper Chain – not yet, no future plans at the moment (Verified by Polkadot Support)
-10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); & 4 Billion DPR Belong to Deeper & Investors
-Location of Deeper Network servers where VPN data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown, Privacy VPN info shows data is kept by Deeper Network, time period kept unknown.
- Deeper Network VPN / DPN equipment concerns: They say they do not keep logs of records of your internet access BUT!!!!! When you login to the device for the first time it makes you approve there two privacy agreements first. Terms and Condition of Use agreement under point Prohibited and restricted uses point #25 say : “We shall have the right… to monitor User Content”; The second agreement you must approve is the Deeper Network Privacy Policy under Data we Collect says “We may receive access to basic personal information from your social network accounts should you register or sign onto such services using Deeper Network Products or Services” (Why in the world is Deeper trying to collect your personal information?????????, also would they not also be able to see your banking information then...), then under section Data Retention it says “We will keep records containing personal data….. as maybe required by applicable laws (So then which governments laws are you under because there are countries that require no data collected) at the end of the day Deeper Network is not a Decentralized VPN because your data is collected in Deeper Networks Servers and Deeper Does not allow the Miners with the Exit Nodes for the VPN service to erase the VPN data on there own devices, even if their country allows for no logs to be collected. Will Deeper Network change their policy’s to be in harmony with what they told their community of NO LOGS/DATA KEEP BY DEEPER and ONLY DATA COLLECTED ON EACH EXIT NODE, apparently, they changed their minds……
Pico - At the moment the Pico is only good for mining with a Staked credit score, if the Pico has its own Public IP and is connected for months without being disconnected it will currently not get 10mb of traffic each day to get an increased organic credit score as an exit node, the network currently will choose a faster path out thru a Mini instead. So the Pico at the moment is not a good mining device if that's what you bought it for organically. This has been confirmed.
-Company Info:
-Deeper Network INC of the Marshal Islands (no office location there currently) Crypto Currency company that was set up as a shell company, filed on March 8, 2019 Entity number 100333 (Legal system mixed legal system of US and English common law, customary law, and local statutes; International law organization participation accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction)
-Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/ VPN / DPN , Entity 201816910575 6/14/2018, EIN Tax ID# 841835438, State ID 04799167 This is the company that controls everything.
-Location Of Head Quartiers Office (5200 Great America Pkwy, Santa Clara, California, 95054) : The main temp office rental location no longer exists that is advertised and on Entity Documents the location is currently enmity and abandoned, supposedly working remotely from home and out of a shipping warehouse since the past two years or longer, unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified. Even from there past video of this office location you can tell it was just a temp location as if it was like one of those rent a cubical to work at temporary location.
(A Few people have come and gone from the head ranks, not sure if currently accurate)
Chief Executive Officer: Hui (Russell) Liu; San Jose, California
Chief Technology Officer: Hui Liu/Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Marketing Officer: Eric Ma (Thailand)
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu