Bitcoin (BTC/USD) Daily Chart Analysis For May 20, 2022Technical Analysis and Outlook:
Bitcoin is trading within our Mean Res $31,100 key Sup $28,870. The primary path is designated to completed Outer Coin Dip $26,700.
Economy
DJT:bellwether for stocks & economy just sliced thru 14k supportThis is bad! Stocks are falling even when DXY dollar index & TNX 10-yr yield are retracing.
The Dow Jones Transportation, a leading indicator for the stock mkt & the economy, just
zipped through the 14k key support, down 7.41%. All stock indices had a capitulation-like move Wednesday 18May, the worst since the pandemic days. Even defensive staples, household retailers like Target & Walmart fell.
DTJ has fallen into my green support zone. It may fall further it does not recover 14k soon.
Not trading advice
NASDAQ 100 (Fibonacci Analysis) Base Case: "The Final Rally"
Blue dots provides good dates & price levels to enter short or long position(s).
Idea (1):
LONG
Entry Price: 11,500.00
Entry Date: June 6, 22'
Price Target: ~$14,350.00
Date Target: Mid to Late Aug. 22'
Idea (2):
SHORT
Entry Price: ~$14,350.00
Entry Date: Mid to Late Aug. 22'
Price Target: $12,800.00
Date Target: Early October 22'
Idea (3):
LONG
Entry Price: $12,800.00
Entry Date: Early October 22'
Price Target: $15,350.00
Date Target: Late Jan. 23'
Idea (4):
SHORT
Entry Price: $15,350.00
Entry Date: Late Jan. 23'
Price Target: ~$10,000.00
Date Target: May 2023
Idea (5):
SHORT
Entry Price: $14,000.00
Entry Date: Early March 2023
Price Target: $10,000.00
Date Target: May 2023
Tesla 22'-23' Forecast (Fibonacci Analysis)Base Case:
US Equities are experiencing broad base revaluations due to excess demand in the markets from the 2020 Stimulus. As a result, current markets are survival of the fittest & higher interest rate environments do not suit equities. I believe the markets are currently pricing in the highly anticipated two 50bps (FEDS FUNDS RATE) on June 14-15 & July 26-27 giving stocks room for the final bull rally (End of June - Q1 23') to begin the inevitable bear market, or "hard-landing". (Q2 23 - TBD).
I believe the risks of a recession in 2023 are 7/10.
Idea:
(Long)
Entry Price: ~$700.00
Entry Date: ~June 24, 2022 (Mid-to-late)
Price Target(s): $1,150.00, $1,250.00
Date Target(s): Mid to Late August, Q4 22' - Q1 23'
(Short)
Entry Price: $1,150.00, $1,250.00
Entry Date: Mid to Late August, Q4 22' - Q1 23'
Price Target: ~$660.00
Date Target: ~June 26, 2023 (Mid-to-late)
BTC Mid-Term 22' Forecast (Fibonacci Analysis) Base Case:
BTC will consolidate for the duration of Q2 as the FED are set to rate hikes in June, July & possibly in August/September this year. BTC will look to break out of consolidation in early September (09/12) and mid-October (10/15) towards the $57,000 handle by Q3-Q4 22'.
Idea (Long):
Entry: $27,000.00
Price Target: $57,000.00
Date Target: Q3 22'
Gold (Fibonacci Analysis) Idea:
Long Gold (~May 22, 2022)
Price Entry @ $1,704.00.
Price Target @ 2000.00
USDJPY (Hedge Idea) With all financial markets preparing for the upcoming summer rate hikes, I predict markets will consolidate within a larger than usual range presenting great opportunities for investments.
Next Hike: June 15-16, 2022.
Hedge Idea (Scale / Intraday):
Short:
Scale into positions when price breaches 130.000 handle up to the top third end of the range (131.500)
Long:
Scale into positions when price breaches 128.250 handle & below to the bottom end of the range (127.000)
POST FOMC HIKES (Mid-Term Forecast):
LONG
Target Price: 140.000
Target Date: End of July / Beginning of August
Crypto Outlook (Spectral Analysis: BTC) Accessing The Risks of BTC
~ Sensitive to US interest rates
~ Correlation to SPX
(Is BTC a measure of Global GDP?)
~ Communist Objectives
(Finding solution to overthrow USD?)
~ Regulations
~ Global Adoption
S&P 500 Daily Chart Analysis For May 13, 2022 Technical Analysis and Outlook
The downtrend as specified in Daily Chart Analysis For May 6 to Outer Index Dip 3905 has been completed. The given (Obsoleted) Major Key Sup is a new resistance level - followed by a retracement to retest Key Sup 3930.
EUR/USD Daily Chart Analysis For May 13, 2022Technical Analysis and Outlook:
Euro has completed Inner Currency Dip 1.050. With oversold sentiment, it may make a run back towards the completed Inner Currency Dip mark and employ it as a new resistance level; however, the Next Inner Currency Dip 1.031 is inescapable.
Bitcoin (BTC/USD) Daily Chart Analysis For May 13, 2022Technical Analysis and Outlook:
Bitcoin has completed Outer Coin Dip $26,700. The current path is designated between $26,700 and Mean Res $31,100.
S&P 500 Daily Chart Analysis For May 6, 2022Technical Analysis and Outlook
The downtrend as specified in Daily Chart Analysis For April 29, 2022
to Major Mean Sup 4070 is firm and concrete. Down movement continuation to Next Outer Index Dip, 3990 must obsolete the Major Key Sup to continue - we will observe and track this the following week's session. Interim bullish moves are possible within the current downtrend.
US30 BOUNCEAfter a massive selling pressure, stock market will get a small bounce starting from this monday.
US30 bounce opportunity with good RRR from this support + bullish RSI divergence, then the H&S pattern may play out towards 30000.
EUR/USD Daily Chart Analysis For May 6, 2022Technical Analysis and Outlook:
The rebound to Mean Res 1.065 is completed as specified Daily Chart Analysis For April 29, 2022. The next down move is marked as Next Inner Currency Dip 1.031, and the future Outer Currency Dip 0.9765. Bullish movements are possible within the current downtrend - trade appropriately.
Bitcoin (BTC/USD) Daily Chart Analysis For May 6, 2022Technical Analysis and Outlook:
Bitcoin is looking very bearish at this point. The current path is flagged to Inner Coin Dip $31,660 and Outer Coin Dip $30,800. A possible significant rebound is anticipated upon completion of Inner Coin Dip $31,660, while Key Sup $35,150 might offer transient upside movement.
DJI 100 Year Cycle Climax- Betting The FarmI have identified a 100-year cycle in the DJI. If I'm right, we should see a massive rally over the next 5-10 years.
Are we in the 80's ?In the early 80's the dollar broke out following a peak in growth and sustained a 4 year rally. Once growth stabilized the dollar collapsed. If you're in stocks or Crypto, you must know the consequence of a Dollar breakout.
S&P 500 Daily Chart Analysis For April 29, 2022 Technical Analysis and Outlook
The current downtrend is expected to continue to Major Mean Sup 4070 and Next Outer Index Dip 3990. Interim bullish moves are possible within the current downtrend - such as Mean Res 4296.
EUR/USD Daily Chart Analysis For April 29, 2022Technical Analysis and Outlook:
Inner Currency Dip 1.050 is completed - a bullish move is possible within the current downtrend to Mean Res 1.065. The next down move is Inner Currency Dip 1.031, and the granddaddy of all flagged many moons ago is coming to realization marked at 0.9765.
Bitcoin (BTC/USD) Daily Chart Analysis For April 29, 2022Technical Analysis and Outlook:
Bitcoin is getting into a very narrow playing range and is inclined to a significant impulse move to Mean Res $41,500 after completing our Inner Coin Dip of $37,000.
S&P 500 Daily Chart Analysis For April 22, 2022 The current downtrend is expected to continue to Major Mean Sup 4170 and completed Outer Index Dip 4150. Pending verification, the upside move to the newly created Mean Res 4465 is possible within this movement.
EUR/USD Daily Chart Analysis For April 22, 2022After retesting Mean Res 1.089 first time followed through to Mean Res 1.093 was again retested. The stoppage occurred at a solid bottom marked Inner Currency Dip 1.077. A drop to Major Key Sup 1.069 and Next Inner Currency Dip 1.056 is inevitable - to some extent, bullish moves are possible within the current downtrend.
When The music stops we go home. Don't Buy the Dipan hour ago
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
