Nasdaq Composite Index CFD
Tsunami of financial disasters are coming at you! Pretty obvious why the markets are pumping at this moment. One of the reasons; Stockmarkets/investors are speculating on the FED to keep PPPRRRR printing dollars.
The key failure of the masses is this: They assume IF we get a vaccine we can move on and economy is saved?! Well done mr. President.
BUUUZZeRR! It’s not going to happen. Yes, we might get a vaccine for covid-19 but NOT for the real problem.
We are about to clash with a comet and destruction will be beyond imagination. We might be heading into the “bears wet dreams” and the bubble of all the new/old investors will burst.
What is happening at this very moment is; smart money moving out of the market and building short positions.
Sure we might see some more upside. Very hard to predict tops of mass- euphoria. The downfall is going to be painful if your not prepared.
Towards mid September I expect us to hit the top after that there are absolutely to many factors that can trigger depression. That’s right I’m eying a depressing not recession.
You now have the choice to either be A: ignorant and keep staring into those headlights.
Or B: act up as the smart money and make sure to not lose money on this one.
Stay safe out there!
Michiel
Analysis for week 170820 to 210820Good morning superheroes;
I hope you have a wonderful weekend and are all ready to take on new and exciting challenges this week.
First of all, we take a look at Dollar Index. On the weekly chart, we can see it has broken down from the bullish trend line. I expect the price to remain weak and over the upcoming weeks/months, it should fall towards 88.97 to 90.95.
There is also a possibility that it rebounds from here, judging from the double bottom pattern hit it has shown. Let's wait and see if it will break out of the resistance at 93.65, a key level where it is also the meeting point for the weekly chart bullish trend breakdown.
In this regard, I will not short nor long. If I have to long, I will wait for 93.65 to breakout and to short, I will wait for the double bottom support at 92.77 to rebound with bullish signal.
I expect the next two months to be slow moving as we continue to see consolidation in the US indices and many pairs of currencies. This "brewing" could mean a possible break up from the resistance to a higher high or a breakdown for a correction.
Summary :
How will the NASDAQ perform ?
Is Kiwi dollars heading further south ?
AUDUSD is still strong, dont sell all positions
What is EURUSD telling us about the dollar ?
GOING FORWARDSeemingly having a wonderful move to start the week. Hope to see this moving well forward in the days to come.
GREAT POSIBILITYI hope this positive movement could continue in the coming days. Looking forward for a well bullish this week.
Tencent & Youzan Position UpdatesThe remaining of three trades taken here remain open prior to the open of Asian equity market's tomorrow. I've gotten some questions regarding my Chinese holdings, and the Trump ban on Tik-tok. I stand behind these calls and will be holding both and will provide updates on partial closes when taken.
Nasdaq eliminó residuos COVID / Nasdaq Erased any COVID trash
Podriamos decir que cualquier retroceso nos llevaría a 10000 pts y aun así seguir optimistas sobre los recursos tecnológicos.
En vista técnica, Nasdaq ha borrado cualquier residuo de Covid.
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We could say that any retrace in movements could lead us back to 10000 points and still being optimist about Technology resources.
In a technical view, Nasdaq erased any track of past february, march prices.
4 VS 1 / DJI, SPX, IXIC y RUT Versus TLT (BONDS 20 YRS)
Cuando las acciones suben, los bonos deberían bajar. Es simple porque los bonos son como una inversión poco rentable pero segura en tiempos difíciles. Pero cuando comparamos 4 índices con un ETF para bonos a largo plazo, me viene a la mente que en el futuro, la mayoría de los inversores están apostando al mercado a colapsar, (no ahora). Podemos ver la línea de convergencia (por ahora) entre ETF "TLT" (BONOS 20 AÑOS) y 4 índices importantes de USA.
Obviamente, si vemos la imagen macro de "US 10 Y", descartamos cualquier riesgo en el corto plazo.
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As we know about opposite, when stocks go higher, Bonds should Go Down. It is simple because Bonds are like a low profitable but safe investment in hard times. But when we compare 4 indexes against an ETF for Long period bonds, it comes to my mind that in a future mostly investors are betting market to crash, (not now). We can see the convergence line (for now) between ETF "TLT" (20 YEARS BONDS) and 4 important indexes of USA.
Obviously, if we see the macro Picture of "US 10 Y" we are very solid at this time and we discard any risk.