As we have all experienced over the past 6+ days - outside news events can (and often do) disrupt my SPY Cycle Patterns. I've talked about the Kamala-Crush event (just 10+ days ago) that disrupted market trends after Biden stepped down from running for POTUS in 2024. I've talked about how capital would shift away from risks because of the sudden shift in...
In this video I've gone into more detail for the EURO stox, GDAX, UK and NIFTY. They're all showing potential signs of a turn around which indicates a turn around coming in the American markets as well.
Key concepts I talked about in this video are outlined below. I wish I could cover more concepts and go into more detail but had a 20min time limit for the video. Maybe I could make a part 2. - false breakouts - global indices showing topping patterns and breaking down - FED balance sheet peaked in june 2020 - parabolic mania in tech stocks - PUT/ CALL ratio...
The markets are changing and oil is looking weak with this strength in the dollar as of late, so be prepeared for this. My overly bearish view on oil is the retest of the lows USDWTI @26.06 and lower @22.00.