Market$ CorrelationsICEUS:KC1! Coffee Harvest in Colombia starts in October: Colombia is reported to produce 10-15% of the worlds entire coffee supply, the third largest coffee producer in the world! Speculating ICEUS:KC1! will be +MOVING ABOVE $260. I also speculate ICEUS:KC1! will support the Colombian index NASDAQ:NQCOMC to continue above its $726 highs. Lastly I don't see the present correlation between the NASDAQ:NQCOMC and the AMEX:SPY having a negative effect on the US economy; as it pertains to the fears of a USA recession popping up in recent headlines while approaching the Federal Interest rate decision in the days ahead.
Open-journal
Consensus | Short | BTCUSD CoinbaseBias:
Pessimistic, Short
Notes:
As a cautionary alert for the buyers, there is a lot of resistance.
Signals:
Bollinger Bands Short Walk
Forecast | AAPL | 5 week target priceBias:
Positive, Optimistic
Notes:
Following up from my previous journal entry (please see the link below).
Guidance:
Over the next few weeks I can see AAPL moving to retest its previous highs; I think the infographic is self explanatory (for the indicator, please see the link below).
Signals:
Bollinger Bands: late oversold.
About the Author:
I strive to become one of Tradingview's pinescript Wizards and Top Authors, as well as build a reputable reputation & following.
"Don't forget to comment, like, share, and follow me!"
Estimate | AAPL | Buy SideSignals:
Stochastic: Late Buy alert
MACD: Pioneered Buy alert
RSI: Early Buy alert
Notes:
Awaiting a minimum earnings surprise of 5 cents over the wall street EPS consensus.
Bias:
Positive, Optimistic
