ARIASWAVE MARKET UPDATE - The Bear Market Correction Continues.In this video I go over the current waves within this bear market correction.
Everything is still tracking within the parameters set up in my last Market Update.
Not much change to report apart from a couple of waves within the Wave D Zig-Zag for the stock markets but still in line with the count.
I am not expecting much to happen over the course of the next month or so due to the corrective process still unfolding.
That means that even though OIL looks pretty bearish, it may still hang around these levels until small degree corrections unfold.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
J-DXY
Irregular but effective setup for GoldAs we can see on the chart, WXY pattern is clear with an irregular X wave (because of yesterday's Fed news), but still valid and didn't break the low of wave W.
A contracting triangle is forms wave B in the ABC pattern for wave W, even if a huge wick went out of it: closing above the downside of the triangle, this candle on H1 shows that the setup was still valid (second irregular form). Wave Y can be the extension of 0.618, 1 and fib level of wave W and X, to give a chance to this sideways trading market to take a direction.
Wait for 1690 and 1700,
Goodluck,
Joe.
the FOMC idea - SPX, BONDS, WHEAT, GOLD, DXY, BTCFomc is at 2pm today. Many are expecting a rally, and that could be - but be careful of a pump and dump. Another option is it just dumps to 3700 quickly which for me would be a buy zome. Bonds may be close to a turn and Powell may signal something dovish to that market today, Wheat looks good and now we are expecting pullbacks to be bought, Gold also looks good for a rally and DXY looks ready to pullback soon. BTC also holding support at that 19k level.
Good luck!
The Monday Overview - DXY Gold SIlver Wheat Bonds BTC DAXAn overview of the markets I often cover. Dollar should pull back lifting just about everything, Wheat may have to retest 800, Bonds ABC continues to 120's, Dax (germany index) looks interesting at support and may be hinting at a larger bounce in world markets. Good luck!
Fundamental vs. Price Action on DXY, which one wins?This analysis is on weekly and daily chart of DXY before Wednesday FOMC.
I think index is so over bought and needs some correction.
Needs correction but don’t lose your sight on overall trend.
Strong bull trends, bulls will buy first trend line break, any pullbacks.
US dollar, DXY, down then upThere is no audio to this analysis, as I manage to destroy my machine over the weekend so using a meanwhile old MAC that does not do the job. Anyway, you should be able to get the analysis from this video by visual representation of the structure on the daily and hourly charts...
DOLLAR INDEX DXY BULLS FAILEDIn the dollar index price is making double top ar 110.15 and drop to test its strong trend line support area 109.60 level . Now if price break this trendline support than we see the more drop in dxy and price and coming to test its next level of support area and fill the gap down of previous week.
After the breakout of market structure the strong trendline support wait for the restest of this level as a resistance than we see bearishness and selling pressure in dxy price towards the next level of interest 109.00 and 108.84/
2nd scanario|
IF DXY respect its level of support trendline and market structure than wait for the breakout of 109.80 level friday last pullback area high and than good trade setup for buyers and dollar index is push to upside to test friday high 110.15 and this month high 110.62/
Market ideas for Friday - SPY, GOLD, USOIL BTC DXY WHEATOK so yesterday was not my best day. There are still some signs of a reversal possible but unless spy gets over 390 in the next day or two, all rallies will be suspect. USOIL looks like a correction is over and we should go higher, Wheat correction is normal for the first leg up, it could test 8.14-8.00. Gold spiked through support but it doesn't mean anything just yet, esp if the dollar reverses soon. BTC holding it's support at 19500, under 19k would be problematic. Thanks very much for listening and good luck!
US500, DXY, USDT.D, BTC & ETH Analysis To Feel The Market!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for US500, DXY, USDT.D, BTC and ETH.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
SECRETS the USDT.D chart can reveal - Crypto Bullish or Bearish?Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today's video analysis, I share with you the SECRET of the USDT.D chart, that otherwise seems irrelevant in predicting the ENTIRE crypto market direction... right? Watch this video to find out what the USDT chart can reveal about the general trend of Bitcoin and altcoins / TOTAL cryptocurrency market cap. I also use one of my favorite technical indicators, the correlation coefficient.
Now , you might wonder, why are market caps relevant? In general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. For this reason, market cap is often regarded as the single most important indicator for ranking cryptocurrencies. The market cap of a cryptocurrency is determined by the current price multiplied by the circulating supply.
The market cap of a cryptocurrency more or less reflects the popularity of a coin over a longer term and can reveal how much market participation there is in a specific asset.
Large-cap cryptocurrencies are generally considered to be safer crypto investments. These are companies with a market cap of more than $10 billion. Investing in coins with large market capitalization is usually a conservative strategy. These coins are likely to be less volatile than other cryptocurrencies but still more volatile than traditional assets like stocks. Mid-cap cryptos (think top 20ish altcoins) are more volatile but also have a lot more growth potential than large-cap cryptocurrencies.
Micro-cap cryptocurrencies are extremely volatile and considered a highly risky investment, even though they may sometimes have a lot of potential (short-term) growth. However, be aware that they may also crash, literally from one minute to the next. They are also popular for pump and dump schemes, and liquidity rug-pulls.
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USDJPY - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for USDJPY .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
GOLD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for GOLD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BITCOIN and DXY UPDATESo far playing out exactly as projected, we capitalised on the bullish move on BTC but missed entry on the short corrective move today. I have linked the previous updates and analysis below so you guys can go check them out for further reference. Personally looking for long entry confirmations around 20k. If we fail to make a new HL on BTC and a new LH on DXY i will make a new update on the situation - for now my perspective has not changed. I hope you enjoyed the video
The Monday Notes - SPX500 USOIL Wheat Gold DXY BTCAll in the video, expecting a pullback but how much is hard to say if it's a B wave. Logic tells me to feed the bears just enough before they take away the plate, but we'll have to see how CPI is reacted to tomorrow. Oil looks very good for a move above 100 still, Wheat could still be a Flat completing, but I'm not concerned about a pullback if it does. Gold, looks good for more upside after a pullback and the Dollar looks good for a bounce and then more downside. BTC should follow the markets, target of 22500 is close, they may pullback before it gets hit. Good luck to all.
GBPUSD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for GBPUSD .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
ARIASWAVE MARKET UPDATE - Markets Still in a Wave 2 Correction.In this video I update you based on my last Market Update this time with detailed labelling and explanations.
I explain the way I believe the months ahead will unfold as we head into the end of the year.
I expect volatility to begin increasing gradually right through the end of Wave 2 and into Wave 3 DOWN. (Stock Markets)
The two things that I see continuing to skyrocket are interest rates\bond yields and the US Dollar.
I do not believe we will see anything change until these patterns have completed.
Understanding exactly how these fractal patterns evolve is the way I can make these assumptions.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
DXY correction & US30 Recovery PredictionUS30 & Dollar Index prediction in real time. Watch this video to find out my prediction! US30 & Dollar Index analysis.
The Powell pop - SPY OIL WHEAT GOLD DXY BTCUnexpected rally on Spy to 413 looks possible for next week. All the usual markets are covered. Wheat is still good but it's been a tough trade. Oil probably to 92 but it's possible one more low to 78-79 could happen first. Gold and metals I think continue the rally as DXY pulls back more. BTC same. Good luck!
Update on the usual supects - SPX 500 OIL Wheat Gold DXY BTCI forgot bonds, will update if I need to- they still are sucking as of now. SP500 looks like it wants to rally, a hold over 3930 hourly chart would be a long. If we have one more down it will likely be the bottom for a few weeks. Oil could drop to 80 before a bounce. Wheat has a breakout and people are starting to pay attention to it. Gold looks ok and may be in the process of making a Wykoff topping structure. DXY likely pullback here now that all the cheerleaders are on the field. BTC rally to 22500 and if more, 28-29k. Good luck!