What news is needed to push the #DXY down? Let's take a look;Do you remember the pandemic period? The markets seemed to crash first, many of us even said, let's keep our money, neither stock market nor investment, let's see the way ahead first, let's not be exposed.
Today, they had another case that shook the world. I say they did because I think there is nothing unconsciously done.
Does the Monkeypox case look familiar?
Could Bitcoin be pricing it in again right now?
Not yet;
I think today's drop is due to the NYSE withdrawing its offer to trade options on #Bitcoin ETFs. However, they will deepen the situation and it will create a domino effect.
For exchanges that shape the world economy and politics, every movement on the charts is very valuable. Although the crypto exchange is not yet at this level, we are sure that it will be much more valuable in the near future.
This chart I am sharing with you is the #DXY 1W chart ;
It takes big events to make big moves on key charts like this one.
It is highly likely to make a pattern like the one in the chart (no one knows tomorrow and the next move 100%).
We are traders and our job is to make predictions. In order to make accurate predictions, we have to include all the data that concerns us. And those who make the right predictions and take the right risks always win.
Pandemic
GILD will be selected for the new Tamiflu vaccine for Pandemic2It's no secret the elite are manufacturing pandemics to herd, destroy and remake society into a neofeudal system controlled by social credit scores. The next pandemic will be H1N1 which has already been shared within the news that milk in the markets has trace amounts of (no worry they say!).
After the establishment rolls out bird-flu for everyone's summer bingo card - Gilead Sciences, the only company that manufactures Tamiflu with options, will be selected to mass create these new vaccines.
The call options on this company are going crazy right now, July, August have a ton of OTM calls being bought, almost like someone is expecting this company to get the greenlight on something major. You could effectively buy .05 OTM calls on this company, but I'd wait a little longer. The TTM squeeze shows the last leg down is being finished. If the market's capitulate a little more, this would be a perfect time to buy those calls for this company.
S&P500 in 2020 & 2024. OR ARE YOU READY FOR A NEW ONE SKYFALL!?Due to recent publications by TradingView Team and many other TradingViewers I wonder, how strong people still believe in 4-years inflation/ disinflation credit cycle, with their eternal BTC-to-the-Moon expectations.
Okkkay, Google. Let it be.. Let it be... Each coin has two sides.
Just remembered, how many Covid19-talking people were there in the room a couple months before it's happened in early 2020. The main graph is comparison between SP500 4 years ago and in nowadays.
Similar, or not? - Time will show!
//
This is the end
Hold your breath and count to ten
Feel the Earth move and then
Hear my heart burst again
For this is the end
I've drowned and dreamt this moment
So overdue, I owe them
Swept away, I'm stolen
Let the sky fall
When it crumbles
We will stand tall
Face it all together
Let the sky fall
When it crumbles
We will stand tall
Face it all together
At Skyfall
At Skyfall
// Not an investment advice
Deciphering Divergent Signals The Complex Economic LandscapeThe global economy continues to face profound uncertainties in the wake of COVID-19's massive disruptions. For policymakers and business leaders, making sense of divergent signals on jobs, inflation, and growth remains imperative yet challenging.
In the United States, inflation pressures appear to be moderately easing after surging to 40-year highs in 2022. The annual Consumer Price Index (CPI) declined to 3% in June from the prior peak of 9.1%. Plunging gasoline and used car prices provided some consumer relief, while housing and food costs remained worryingly elevated. Core CPI, excluding food and energy, dipped to 4.8% but persists well above the Fed’s 2% target.
Supply chain improvements, waning pandemic demand spikes, and the strong dollar making imports cheaper all helped cool inflation. However, risks abound that high prices become entrenched with tight labor markets still buoying wages. Major central banks responded with substantial interest rate hikes to reduce demand, but the full economic drag likely remains unseen. Further supply shocks from geopolitics or weather could also reignite commodity inflation. While the direction seems promising, the Fed vows ongoing vigilance and further tightening until inflation durably falls to acceptable levels. The path back to price stability will be bumpy.
Yet even amidst surging inflation, the US labor market showed resilience through 2022. Employers added over 4 million jobs, driving unemployment down to 3.5%, matching pre-pandemic lows. This simultaneous inflation and job growth confounds historical norms where Fed tightening swiftly slows hiring.
Pandemic-era stimulus and savings initially cushioned households from rate hikes, sustaining consumer demand. Early retirements, long COVID disabilities, caregiving needs, and possibly a cultural rethinking of work also constricted labor supply. With fewer jobseekers available, businesses retained and attracted talent by lifting pay, leading to nominal wage growth even outpacing inflation for some months.
However, the labor market's anomalous buoyancy shows growing fragility. Job openings plunged over 20% since March, tech and housing layoffs multiplied, and wage growth decelerated – all signals of softening demand as higher rates bite. Most economists expect outright job losses in coming months as the Fed induces a deliberate recession to conquer inflation.
Outside the US, other economies show similar labor market resilience assisted by generous pandemic supports. But with emergency stimulus now depleted, Europe especially looks vulnerable. Energy and food inflation strain household budgets as rising rates threaten economies already flirting with recession. Surveys show consumer confidence nosediving across European markets. With less policy space, job losses may mount faster overseas if slowdowns worsen.
Meanwhile, Mexico’s economy and currency proved surprisingly robust. Peso strength reflects Mexico’s expanding manufacturing exports, especially autos, amid US attempts to nearshore production and diversify from China reliance. Remittances from Mexican immigrants also reached new highs, supporting domestic demand. However, complex immigration issues continue challenging US-Mexico ties.
The pandemic undoubtedly accelerated pre-existing workforce transformations. Millions older employees permanently retired. Younger cohorts increasingly spurn traditional career ladders, cobbling together gig work and passion projects. Remote technology facilitated this cultural shift toward customized careers and lifestyle priorities.
Many posit these preferences will now permanently reshape labor markets. Employers clinging to old norms of in-office inflexibility may struggle to hire and retain talent, especially younger workers. Tighter immigration restrictions also constrain domestic labor supply. At the same time, automation and artificial intelligence will transform productivity and skills demands.
In this context, labor shortages could linger regardless of economic cycles. If realized, productivity enhancements from technology could support growth with fewer workers. But displacement risks require better policies around skills retraining, portable benefits, and income supports. Individuals must continually gain new capabilities to stay relevant. The days of lifelong stable employer relationships appear gone.
For policymakers, balancing inflation control and labor health presents acute challenges. Achieving a soft landing that curtails price spikes without triggering mass unemployment hardly looks guaranteed. The Fed’s rapid tightening applies tremendous pressure to an economy still experiencing profound demographic, technological, and cultural realignments.
With less room for stimulus, other central banks face even more daunting dilemmas. Premature efforts to rein in inflation could induce deep recessions and lasting scars. But failure to act also risks runaway prices that erode living standards and stability. There are no easy solutions with both scenarios carrying grave consequences.
For business leaders, adjusting to emerging realities in workforce priorities and automation capabilities remains imperative. Companies that embrace flexible work options, prioritize pay equity, and intelligently integrate technologies will gain a competitive edge in accessing skills and talent. But transitions will inevitably be turbulent.
On the whole, the global economy's trajectory looks cloudy. While the inflation fever appears to be modestly breaking, risks of resurgence remain as long as labor markets show tightness. But just as rising prices moderate, the delayed impacts from massive rate hikes threaten to extinguish job growth and demand. For workers, maintaining adaptability and skills development is mandatory to navigate gathering storms. Any Coming downturn may well play out differently than past recessions due to demographic shifts, cultural evolution, and automation. But with debt levels still stretched thin across sectors, the turbulence could yet prove intense. The path forward promises to be volatile and uneven amidst the lingering pandemic aftershocks. Navigating uncertainty remains imperative but challenging.
ZM: Pre-Earnings Release RunZoom is showing a pre-earnings release run up out of its extreme low, ahead of its Q1 report today. The current run's pattern is indicative of professional traders swing trading with earnings strategies; they tend to take profits on the report since they bought at the low. While revenues are likely to come in below last quarter, earnings should improve over the big loss last quarter.
The stock has probably found its final low, at long-term support from 2020. ZM outperformed during the pandemic due to huge demand that was unsustainable and time limited. So it has a lot of work to do from here; it must reinvent to offer a greatly improved service to compete with huge companies like Google, etc. which all have very similar services.
Resistance Analysis in Bottoming Stocks: IDXX, OKTAResistance Analysis in Bottoming Stocks: Looking Ahead to Q1 2023 Earnings
Stocks that are slowly crawling their way out of the correction of 2022 are now moving up to challenge the more difficult resistance levels from the intermediate-term downtrend. These resistance levels are sideways trends that developed during the downtrend of 2022 to the bottom low.
Most stocks that are showing improvement quarter over quarter have completed bottoms, such as IDXX.
Those that do not, such as OKTA, are often stocks that had anomalies in their revenue/earnings growth during the pandemic due to stimulus checks artificially inflating their sales to the point there was no possible way that the company could maintain such high revenues that were way off the normal growth levels annually.
IDXX has been trending up out of a bottom with sideways trends 2 times now. This is best seen on a weekly or 4 day chart. The stock has not reached the next strong resistance level yet but is probably going there during the next month as it reports in early May. If it continues sideways during the month of April, then the report is not likely to show a significant improvement over the financial data from last quarter.
The All-Time High will be Very Strong Resistance as it occurred at the peak of the pandemic's speculative gains.
The Moderate Resistance is one tier down from the top's all-time high. It can be more easily overcome as it is not a longer sideways trend and there was no sideways trend at that level on the way up to the top in the final months of 2021.
The Strong Resistance lowest red line is stronger because of the sideways trend from 2020 - 2021 and the sideways trend during the 2022 downtrend.
OKTA has an entirely different trend moving upward. The stock has not completed the bottom and first resistance level to complete the bottom is Very Strong Resistance. The next tier up is Moderate Resistance. The next Very Strong Resistance is the rounding top highs of 2021.
The Future of Crypto MarketCap: TA to Navigating the 2030 AgendaGreetings fellow traders and investors,
The world events of the past year have had a profound impact on the global economy, and the crypto market has not been immune to these effects. As we move forward into the next period of capitalization, it is important to take a closer look at the current state of the crypto market and how it may be affected by the events unfolding around us.
In this analysis, I will examine some of the key factors that are likely to shape the crypto market in the coming months, including the ongoing COVID-19 pandemic, geopolitical tensions, and the transition to a digital economy. I will also explore some of the potential opportunities and challenges that traders and investors may encounter in this dynamic and rapidly evolving landscape.
Whether you are a seasoned trader or a newcomer to the crypto market, I believe that this analysis will provide you with valuable insights and actionable strategies for navigating the challenges and opportunities of the next capitalization period. So join me as we explore the future of the crypto market together, and let's uncover the hidden gems and potential profits that lie ahead.
Thank you for your attention, and let's get started!
We established great support at 750B, distribution was set, and we are now in an uptrend. This may be short lived after the events around us unfolding. The reactions of these events unfold slowly but will have a massive impact on the way we live.
It's no secret that this is modern warfare. There is a lot of uncertainty with our global currency, the USD. From it not becoming the figure of value of the Saudi Oil Barrel to China leaping into taking the throne.
It won't be long before news arouses over the "printing" of dollars from other countries such as Venezuela that they have officially figured out how to perfectly replicate it. This is pure speculation by the way. But it will play out. Banks will have "outages" which could last up to 3 days. Once that is survived, we may be presented with digitalizing the USD, and other world currencies.
How will this play out? Well, I am not Cryptodamous. But I will pretend that I am.
Uptrend: | Ends May 2023 | The speculation of uncertainty with the USD, people "Preparing" etc. will cause the market to go back to 1.5T, this will be short lived, and this is where the media will cover it, everyone will start to buy in again. This is your indicator to sell.
Downtrend: | May 2023 - Nov. 2023 | Within 33 days, a new plannedemic will start to become mainstream. What is it, not sure... Could be Anthrax. If it's Anthrax, well it will start off with Animals being infected by polluted soil and water. What can cause this? Of course, not train derailments leaking into our soil and rivers that interconnect with all major water sources for our (US) farmland. But we will be blamed for our carbon footprint.
The collateral damage will be a worldwide event. Food shortages, more control and possibly the first ever worldwide internet shortage. If what we are ingesting is infected, well then, we are also infected. All water above ground will be vulnerable. (Advice to buy land that you can tap a water well into)
This will last for 6-8 months. This will correct the market into what everyone was expecting. $12k BTC. (The potential to Flash wick into $7k exists - this will only last 2 hours).
Overall, this will place the total crypto market cap at $565B
The new Bull Cycle: | Nov. 2023 - Dec. 2025 | The introduction to a new form of control. Digitalizing the US dollar. The people will catch up to this soon as they come to realization that you have 0 privacy. Your money expires. All your whereabouts will be monitored. But most importantly, taxing our carbon footprint.
We are the first generation of humans to live life like this. This is new to everyone and although we can look at the past for the rise and fall of nations, we have the technology to break out of this system and treat Bitcoin as the true Digital "Gold."
All the above is not trading advice. Use TA to accurately make your trading decisions. Freedom doesn't have a price. But if it did, it's not worth less than 10 Trillion :) and people will pay 100 Trillion :)
AMZN: Moving into A Buy Zone?The Weekly Chart of AMZN shows that the stock has dropped into a strong support price level with a risk that there could be a Dark Pool Buy Zone here. The share price is now below fundamental values.
With a month before AMZN reports earnings, it will be interesting to see how the stock behaves; it will reveal how well AMZN is recovering from the hyper revenues created by the stay-at-home orders and stimulus checks of the pandemic. This is the last quarterly report that will be skewed with the revenues and earnings from the pandemic anomaly.
This company MUST provide a dividend soon.
NIO: Waiting on the Bottom for EVsThis is not actually a bottom starting yet. NIO needs to show some up and down sideways action that holds above the low of 8.40. But it is at strong support level from its IPO sideways pattern from 2018. This is a weekly chart so you can see that long-term support, which is both fundamental and technical.
For ALL Electric Vehicle manufacturers, 2023 may possibly be that big growth year. It is important to keep an eye on all new technologies because when the Post-pandemic Renaissance really takes off, the speed at which EV dominates will probably surprise most people.
The top 3 EV companies, Top 3 Semi-conductor companies for EV, the Top 3 companies for major components like solid state batteries, the Top component manufacturers for sensors, etc. are all up for grabs. Nobody has the lead right now.
It is all about who can convert to robots and robotics faster and who incorporates solid state batteries and other component integration to meet demand. Don't worry about charging stations. Those are already being built and incorporated into gas stations everywhere, corporate offices and public transportation.
Pre-Pandemic Level Incoming!!All markets are targeting the levels they were trading at right before the PANDEMIC CRASH!
Keep in mind these were the natural levels that were unaffected by the massive supply of funds that were injected into the economy. It only makes sense that we reach those levels again for an official reset. LEVEL SHOWN!
Love it or hate it, hit that thumbs up and share your thoughts below!
Every day the charts provide new information. You have to adjust or get REKT.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
Pre-Pandemic Level Untapped!!All markets are targeting the levels they were trading at right before the PANDEMIC CRASH!
Keep in mind these were the natural levels that were unaffected by the massive supply of funds that were injected into the economy. It only makes sense that we reach those levels again for an official reset. BLUE LINE!
Love it or hate it, hit that thumbs up and share your thoughts below!
Every day the charts provide new information. You have to adjust or get REKT.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
Dark Pool Buy Zone Patterns: BA ExampleA corporate aggressive stance to accelerate Boeing's recovery from the pandemic created buying activity during the index sell down over the past few days.
BA is one of the few companies on the Dow moving up while the majority of components were being sold down.
This is an example of how quickly a stock can reverse from selling down to resumption of its trading range or bottoming action. This is a range-bound run up. The technical pattern has some pro traders in the mix. The run is above the accumulation level for Dark Pools.
SINGAPORE COVID-19 Wave 6I do not know the robustness of the data collected, as it differs greatly in different places.
But with just a quick comparison:
Singapore relaxed mask measures on 29 August, and from early September, there was already an uptick and the MACD histograms pointed out to late September crossover. Indeed, on 30 September, CNA reported a 40% week on week increase in COVID-19 cases. This wave/spike appears to be much less steep than the previous in June 2022. Nonetheless, with the F1 weekend happening, we might get a continuation of the spike for the month of October into November... a smaller but longer wave.
Demonstrates yet again that the MACD histograms have an edge in projecting the time line to a spike in cases. IF only the people know about such a simple and yet effective tool.
In the same comparison, the UK appears to have tapered down after a recent spike. However, noted that the daily numbers are actually weekly numbers. Demonstrates the robustness of data for reliability.
Indonesia looks to be tapering off too, but Malaysia appears to be looking at a crossover by mid-October for a wave, albeit a smaller wave.
Really, IF anyone still cares enough...
DXY D1 - Bullish Break ExpectedDXY D1
With the above being said... 'key global topics' and other comments, we have to understand the market correlation and timeframes... We can take yesterdays D1 close with a pinch of salt, due to inconsistent volume, but lets see where we close after today (hoping support holds).
US based FX and commodities look like they want to be correcting somewhat. Which might see DXY dip below support. US stock space is slower paced and a little delayed. So correlation isn't going to be 100% inverted.
ZM Bottom BuildingThis young company benefited greatly from the pandemic but like all of the some 100+ companies that had huge revenues in 2020 - 2021, it was not sustainable due to the artificial inflation of stock prices via stimulus checks. Since the stimulus was a manipulation of the monetary system and the financial markets, there is no way any firm could manage the situation. So the stock plummeted due to lower revenues and earnings.
Now, it is definitely building a bottom. It is not complete, and I always advise waiting for completion of a bottom because it is emotionally draining for most investors or position traders to watch the stock fall further and wait for it to recover and move up higher thereafter. It takes a lot of discipline and confidence to hold in a final run down in a bear market. So avoid the risk and wait for a completion of the bottom.
SIGA trading at a ridiculous premium - time to be bearishHype and sentiment regarding a monkeypox outbreak has been the only driver in SIGAs price, apart from minor PR.
Volume will slowly wither away, and investors will begin to take profits. It will not remain at this price range for much longer.
Looks to be an easy short/put. Will be opening 10$ Puts with a June 17th expiry.
The Housing Market is About to Pop. How Does This Affect Crypto?The US Census Bureau recently published population numbers for cities across the US, and the numbers don't look too good: most large urban centers in the country have taken significant population losses in 2020-2021. Politicians and media pundits typically blame COVID and supply chain woes, though these trends were already happening even before the pandemic - the lockdown only accelerated what was already there. Los Angeles lost around 1% of its total population - which is already significant - but San Francisco and New York lost a staggering 6.7% and 6.9%, respectively.
Most US urban centers have been struggling with a housing shortage crisis in the last few decades as housing costs, rents, and costs of living have been outpacing both inflation and wage growth exponentially since the financial crisis "recovery" in 2008. (This was around the time Bitcoin was invented, coincidentally.) In addition to rising crime, homelessness, and loss of quality of life, the well-paying jobs are also leaving the state citing high taxes and unfavorable business policies - giving people less reason to be there as well.
The housing market is no different than other markets in that it operates on supply and demand. Housing advocates typically propose building more housing units (increase the supply) to bring costs down, but most cities have opted for the other "solution" - which is to bring costs down by decreasing the desirability of the city itself. (It's an unfortunate series of events, but it is what it is.) Nominal vs real pricing charts of US housing shows that listed prices are vastly inflated compared to its "real" value, which is contributing both to the bubble and the loss of quality in housing construction itself.
San Francisco's Case-Shiller Index was chosen since it's objectively the most housing-inflated area right now, objectively speaking. The housing bubble is most likely to pop there, then cascade downwards onto other markets as people's faith in its growth starts to stagger. The reasons above (combined with the Fed's interest rate hikes this year) are why even Wall Street and big companies have taken an interest in crypto, NFTs, and metaverse assets lately, since they see it as a hedge against a weakened dollar and a recession (potentially a depression) looming in the horizon. At this point it's not a matter of "if", but "when".
For crypto/metaverse investors, the thing to keep an eye on is the level of trust that the general public has in the banking system right now. When the housing bubble pops, it could potentially lead to a liquidity event of a magnitude never before seen, since technically there would be a lot cash sitting in people's hands, looking for places to invest.
- The pessimistic outcome for crypto investors is the "money running scared" scenario - where panicked money runs back to the banks and other "conservative" investments assets (bonds, cash) that are seen to have less volatility overall. This may lead people to cash out and leave the crypto ecosystem altogether, causing a downturn in the asset class overall. Keep in mind, though, that housing, cash, and bonds have *traditionally* been seen as "reliable" investment choices, but in recent years those are the exact assets that have been inflating - which has lead many experts to question if they are functioning in the way it was originally intended overall. If that perception becomes shattered, a lot could change overnight.
- The optimistic outcome for crypto investors is if the money that was intended for buying housing or other related assets becomes "free", potentially going into alternative assets, which includes crypto. Since a major housing bubble at this scale hasn't happened here there's not much data to show one way or another but we do know that the Evergrande crisis in China has had basically no (arguably inverse) effects on the crypto market as a whole. Panicked money may flow into crypto in ways never before if it's seen as a safe-haven against the turbulence of the housing market and the USD as a whole.
Realistically, there will probably be a little bit of both going on, but being that the size of the US housing market is much bigger than the size of the crypto market cap, crypto needs much less of a % of money flowing inwards in order for it to grow. The housing market, on the other hand, has nowhere to go but down. Time will tell, but it would be advisable for people to be prudent about where to put their money this year, because a lot could happen very quickly as the United States faces its biggest financial crisis in decades in the near future.
Global peace be upon us?I don't know. Perhaps its wishful thinking. /but/
Lets face the reality.
Coronavirus pandemic is over and markets have already shown strength despite recent FED hike.
If the war ceases and Russia lays down its arms with a peace tready mediated by the chinesse would be market pump galore.
Most probably it would also help china dodge more sanctions imposed by the US.
Just an idea.
TSLA Idea Short Overall looking at bearish sentiment on Tesla (TSLA) down to projection of the 725.05 area. With war, inflation, and the aftermath of the pandemic, a lot of stocks have started a sell-off. We could see a possible small retracement bullish however the overall sentiment is bearish. It lines up with a strong demand level, price action, and Fibonacci TP projections.
Printer turned into shredder2020-going on:
-Pandemic with failed vaccines and endless boosters
-Supply shortages
-Struggling job market
-Skyrocketing bond purchases
-Tapering right after
-Never ending tensions between the US and China
-Never ending tensions between the US and Russia
-Extreme tensions between Russia and Ukraine + western countries
-Small and mid cap stocks tanking non stop
while the same tech stocks are pumping non stop over and over again, keeping the market alive
Here is my opinion:
I just don't see any logical reason to keep it going like that, like we have seen in the past months/years.
You can't keep running non stop without collapsing and gravity always wins. All the perma pumpers,
especially the new generation of meme and pandemic traders need a reality check. It's easy to scream
non stop "to the moon...new all time high...stocks only go up...etc." in a propped up stock market.
It's funny how they disappear in online forums when the market suddenly decides not to gap up non stop.
They literelly don't know what to do. That goes for "small" traders, but also for traders who gained
many followers during that time, acting like wise gurus.
Have fun trading BOTH ways and trade the charts, not your hopes and wishes (or blindly follow others)