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What to expect from markets on Thursday 15th December 2022 ? - Trade Futures on Profit Sharing basis log on to www(dot)BookProfits(dot)in and activate now. As indicated from here every trading day in our market outlook and Nifty forecast for the day, the markets have continued to improve since the last three days after it gave the first bullish signal on Stochastics. This was foretold here a day before its occurrence And we are happy that the readers of these Posts have made good d profits by following the trend of the market, Clearly and confidently. We have received so many positive responses from the readers of our posts here. And we Thank all of them. Now, coming to the market Outlook for Thursday 15th December tomorrow the markets will be at least sentimentally affected by the Fed meeting outcome. Which is likely to get clear by midnight. Today, that is on the 14th of December. This external event. Will have. Its bearing. On the market movement. Tomorrow. But. Bullishness continues on. The daily High low chart of nifty. The important indicator MACD. Continues. It's. Up broadcaster towards the signal line. And is confirmed by is histogram today that it is in continuation. Of. It's. Going towards giving a buy signal in the coming days, though it remains in sell mode as of now. The bands' narrow width suggests low volatility compared to NSENIFTY's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased in the near term. The bands have been in this narrow range for 4 periods. The probability of a significant price move increases the longer the bands remain in this narrow range. On Candles Chart, A rising window occurred with the top of the previous shadow is below the bottom of the current shadow. This usually implies a continuation of a bullish trend. There have been 9 rising windows in the last 50 candles, making the current rising window even more bullish. Pattern analysis of the Chart indicates that the Parabolic SAR at 18710 can act as a resistance level if markets open below this level. On the upside, beyond this level, there is no resistance before 18,878 levels. Volatility is expected tomorrow and open of the markets will be influenced by the global market trend in response to the FED meeting outcome. Once this factor is taken into stride by the markets, the bullishness is expected to continue.
NSE:NIFTYLong
by KeyoorVaishnav
Are we in a financial crisis?We are all asking ourselves the same question, are we in the next big financial crash or is the worst already over? To answer this question, let's look at the S&P 500 since the beginning. The S&P has only seen one really big/long correction in its history and that was triggered by the Great Recession in the 1930s and the following Second World War. Since then, the S&P 500 has only seen one strong uptrend. If we take a closer look at this uptrend since WWII, we can see very clearly the subordinate waves 12345. 1. impulse wave: recovery after WWII and start of globalisation. 2. correction wave: 1970 recession and oil crisis 3. impulse wave: digitalisation and increased globalisation (EU, China, etc.) 4. Correction wave: dot.com bubble and 2008 financial crisis 5. impulse wave: digitalisation and automation of value chains The two correction waves were each triggered by major negative economic events. The individual phases are shown in time in the chart below. A certain temporal correlation can be seen. The upward trends lasted approx. 8700 to 9100 days and the downward trends approx. 3300 days. Current situation Currently we are in a strong uptrend that has lasted since 2008 and purely in terms of time has lasted only half the time than the two previous uptrends. But the economic situation is worse than in 2008 and worse than in the 1970s. Economic situation - Extremely high energy costs and production costs weigh on businesses and households - Interest rate hikes put additional strain on the economy - The higher interest rates are to remain for the time being in the medium term - Higher costs mean lower profits - Lower profits and higher capital costs mean less investments - Unstable housing market in the USA, Europe and China - Industry and trade under massive pressure - Stock market still largely overvalued - China - Taiwan conflict - Ukraine - Russia conflict - Unstable society - Etc. All these individual events are having a negative impact on the global economy and together form a perfect foundation for a deeper recession. Many negative effects will only become apparent in the coming months, especially in the companies' key figures. In previous crises, even minor problems have led to crashes. Therefore, we are preparing for a falling/stagnating economy in the coming months, even years, which will also have a corresponding impact on the financial markets. In the current economic situation, to assume that the correction is now over and that we are now testing one high after another again can be very dangerous. We do not assume that the next few months will only be downward. Every overriding downward trend also has its (major) counter-corrections to the upside. Therefore, we may also experience months of euphoria and months of stagnation. Moreover, we do not expect such a strong and prolonged correction as in the 1930s, as sentiment was much worse then than now. The correction course shown in the chart is only symbolic of a correction. Pessimism - Realism We do not represent pessimism here, we represent realism. We want to encourage you to think about this realistically. In the current crisis landscape we are in, can you imagine that the correction is now over and we will test one high after the other and see an all-time high again in a few months? Especially considering the previous crises, what triggered them and how long they lasted. We no longer ask ourselves whether the crisis will come, but only how long it will last and how it will proceed in order to use the movements profitably. Price target of the correction? The previous corrections (1970s) & (2000 + 2008) were each able to form a bottom between the 0.5 and 0.618 FIB level and start the next uptrend from there. Projecting this onto the current correction, the price target of the correction would be around $2,500, which can also be confirmed very well on the chart with resistances, trendlines and many other indicators. However, this is still very difficult to judge in the current situation, as it depends on an enormous number of factors, which are not yet meaningful enough, after all, we are only at the beginning of the correction. We hope that this article was helpful for you and that you may now look at the current situation from a different perspective.
SP:SPX
by Consyder
4
DXY - To Be Continued... 🎬Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. For those who know me, I always keep an eye on DXY to feel the overall market (stock, crypto, forex) As per my last analysis (attached on the chart), DXY is approaching a strong support / demand zone in blue (102 - 103.5) And we can clearly see that the bears are getting exhausted as they the bearish impulse movements are getting smaller. As per my trading style: As DXY approaches the blue zone, I will be looking for bullish reversal setups on lower timeframes (like a double bottom pattern, trendline break , and so on...) For now, we are still bearish trading inside the orange channel. For the bulls to take over, we need a break above the last high in orange and the upper orange trendline. Meanwhile, DXY can still trade lower inside the blue support before forming a new swing high and break it upward. In brief, wait for a break above a major high AND upper orange trendline for the bulls to take over. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
TVC:DXY
by TheSignalyst
4
Is this the end... again?As housing is a necessity for all of humanity... it's a good indication on where the markets heading. Since 2008, the housing futures market found support near !146 in early 2009, after an expansion and retrace the market found it's final bottom in early 2013 around !146 again. This was the last support before the world starts to flourish... Families were being created at new rates, humanity was thriving & technological advancement was hitting all time highs. Everything seemed okay. --- Fast forward to 2019-2020 and the largest pharmaceutical fraud in humanity's existence appeared. Everyone was in a state of shock and disconcert that a bat virus would ruin humanity. When in reality... well that's for another time. Not only did it appear when the world was moving steady, but it was "discovered" around the same price range that the 2008 crash took place - !220. --- Not only does this add to the conspiracy, but it can give a little insight as to what the f* is going on... was this pandemic to pump the market to confirm new highs? Might we call this a "pumpdemic". The rich will always, get richer. --- Will we see brutal retaliation that we saw from over-leveraged institutions again? A question, asked by many. To be clear, yes. The markets are going to levels that no one will expect. This will be a rough time for the world, and supposing the truth comes out about the "pumpdemic", lord have mercy. --- During the 2008 housing futures crash, we saw a near ¬ -30% decrease over roughly ¬ 12 months. As of writing this (Nov, 2022), we have seen a ¬ -15% decrease over roughly ¬ 3 months. In spite of the fact; the world's population and development has greatly increased since 2009, technically we should see greater %'s, negative and positive due to our advancement. But, due to the fact the world is hanging on a thread of leveraged MANIA... during a "pandemic". There's a little more concern for the -15% over 3 months.... --- Anyways, We're not telling you to sell your real-estate... but instead keep an eye on what happens over the next 6-12 months- and have a decisive plan when making financial decisions. Here's our analysis We'll be back soon!
CME:CUS1!Short
by AlgoLab
7
DAX 30 Big PictureThe DAX as a ZigZag correction . Rules of the ZigZag correction . 1. Wave A must be an impulse or Leading Diagonal Triangle ✅ 2. Wave B must be any corrective pattern (ABC) ✅ 3. Wave b does not correct wave A more than 99% ✅ 4. Wave C must be an impulse or Ending diagonal Triangle ❓ 5. Wave C must be at least 70% of wave B from a price perspective ❓ 6. Wave C fails extremely rarely (strong wave C) ❓ Current course . The DAX formed a Leading Diagonal Triangle since the beginning of 2022, which can be represented as an ABCDE or 12345 wave. The DAX was able to break out strongly from the Leading Diagonal Triangle in recent weeks (since October), forming an abc correction. We bounced off the upper trendline. Further course In the last days, the DAX shows first weaknesses and we assume that the DAX has already formed its TOP and now another downtrend follows. If the assumption of the ZigZag correction is correct, now the DAX should form another 12345 structure to the downside, which should hold in the trend channel. There is also still the possibility that the DAX makes a final uptrend until about just above the upper trend line and only then crashes. Depending on how the economic events will develop, we see 2 correction scenarios as likely: 1. the German or European recession comes harder than currently assumed and the DAX corrects below 10,000€. 2. the recession can be halfway cushioned and thus the financial market calms down faster and the DAX forms a bottom at around 10,500 to 11,000€. We currently see the first possibility as more likely due to the economic environment. Interest rates will not be lowered in the foreseeable future. The real estate sector is under massive pressure. Many companies continue to struggle with the huge cost of energy and capital, and a large number of companies are still highly overvalued. A perfect sentiment for a bear market to continue for another 6-12 months. We will keep you posted!
XETR:DAXShort
by Consyder
2
🟨 TV Crypto Market Caps - TICKERSThese are quite useful to follow. We have 4 major ways to track Crypto Market Caps $TOTAL = Crypto Market Cap $TOTAL2 = Crypto Market Cap - BTC $TOTLA3 = Crypto Market Cap - BTC - ETH $TOTALDEFI = Crypto Market Cap for DeFi Clearly all are below the purple line (200D SMA) and clearly in Stage 4 downtrend (as per Stage Analysis criteria). This mean "no-touch" for me. Actually the clear sign to get out for INVESTORS (not traders) should have been all the way back in January!
CRYPTOCAP:TOTALDEFIEducation
by TintinTrading
2