New York Coronavirus Cases DecreasingNew cases of Coronavirus in New York are decreasing. 7 day Hull Moving Average (HMA) is heading in the right direction. This indicator helps balance out glitches in source data and gives a more updated status than either SMA or EMA
Pandemic
New York Coronavirus Cases at 70% of Peak LevelNew York Coronavirus cases at 70% of Peak, but are still above the 1 standard deviation Upper Bollinger Band
US New Coronavirus Cases near Peak recorded levelsNew Coronavirus Cases in US hover around Peak recorded levels
South Korea New Coronavirus Cases at 4% of PeakNew Coronavirus Cases in South Korea are at 4% of the Peak rolling average
Turkey New Coronavirus Cases EscalatingNew Confirmed Coronavirus Cases in Turkey continue to increase at alarming levels. COVID-19 Peak Levels are still yet to come.
Italian New Coronavirus Cases down to 67% of Peak levelNew confirmed Coronavirus cases across Italy are slowly heading in the right direction, currently down to 67% of the Peak 7-day rolling average.
New Zealand Coronavirus Cases down to 20% of PeakNew confirmed Coronavirus cases are down to 20% of Peak 7-day simple moving average across New Zealand
Australia New Coronavirus Cases down to 6% of PeakNew COVID-19 cases are declining across most Australian States. Current levels are down to 6% of the Peak 7 day rolling average. Very encouraging signs.
New Zealand Confirmed Coronavirus Cases (Level 4 Lockdown)New Coronavirus Cases hovering around 20 per day ahead of PM Ardern’s planned announcement mid next week to either continue social distancing restrictions or lower to Level 3
covid death % is increasing; hopefully we can break the trendDo your part; continue social distancing and washing your hands. Sanitize surfaces and work remotely if possible.
For the good of humanity I hope that the death rate goes down.
This is total deaths / total infections
much love and stay safe
xoxo
snoop
Litany Against FearI must not fear.
Fear is the mind-killer.
Fear is the little-death that brings total obliteration.
I will face my fear.
I will permit it to pass over me and through me.
And when it has gone past I will turn the inner eye to see its path.
Where the fear has gone there will be nothing.
Only I will remain.
- Frank Herbert, Dune: en.wikipedia.org
Coronavirus Bollinger Bands - SpainSpain has begun to show a reduction in COVID-19 deaths (05-Apr-2020).
Using the Upper Bollinger Band crossover point with a 21 day period and 2 Standard Deviation bandwidth this trend can be applied to other Countries to estimate how close they may be to recovery.
Gold Holds The Shine 🌟👑🌟The precious metal not losing its seat against other assets knowing the fact that uncertainties are still spiraling around the world by that pandemic. Every time risk bets work fine but at end plunge back to what it gained and it seems no reason to hope much from risk bets still and market players aren't leaving their hands off from this precious metal. The precious metal is already in the middle of a climb these days back again, and the ongoing COVID-19 market turmoil could provide additional momentum for a longer-term climb. The flurry of interest rate cuts and stimulus efforts from central banks eventually sparking a divergence between equity markets and gold. Can't neglect the historical financial crisis facts when the bling nearly tripled its value from $700 to $1,900 . What do you think we are facing right now? Thanks for reading my idea fellow traders if it added some value in your trading please do support with likes and follow so I can bring such interesting post again for you.
BrentCrudeOil Probabilities Of Retrenchment UpwardChina is to start buying oil for state reserves after a sharp drop in prices. Same cases as I mentioned earlier in WTI OIL.
Wilshire ReboundThe sentiment is supporting the bull and price about to leave the oversold condition in the leading indicator. Equity market doing well recently from yesterday after market optimistic by $2 trillion in virus relief largest economic stimulus package seeks to give families and businesses a financial shield against the new coronavirus pandemic.
Dollar Bridge is Burning DownFED and Gov wages war on Corona
Dollar gets unlimited QE
Finger the market
Make her your girl
Dripped in Kappa
Anal Beads all Peal
Weed drenched in Grabba
Swissies boutta blaze USD Squirrels
Bitcoin macro view - post corona madnessThis takes into consideration major global events and estimated time frames regarding treatment advancements for COVID-19 in relation to technical indicators such at wedges/triangles and fibionacci time zones from last local low on the weekly. Volume is interesting. The early March exodus was caused by mostly institutional investors exiting and retial remains. At this present time the US and UK are running short on medical supplies and ventilators despite having 3 months of a head start notice. The public is losing confidence, hoarding supplies and withdrawing cash due to cash usage bans bc of viral transmission. My price movement estimates upward are based upon vaccine/treatment news timelines from a Canadian vaccine maker, Inovio, and australian researchers and their current trajectories.
DXY POTENTIAL SCENARIO Dollar index scenario.
Waiting for pullback, then entering long if we see price action confirmation.
Use appropriate risk and trade management.
Short Modernity, Long Tradition.The only reason the time frame is so low is because I simply do not have enough data to work off otherwise, but I'm going to wager that the Swedish Kronor depreciates against the Mexican Peso, being that the Kronor is backed by a pro-immigration millennial gubment amidst a global pandemic while the Peso has both trumpbux repatriation efforts and a government that is actively shutting down borders as stimulus programs.
Should the value of Swedish fiat be more than 1.5x that of the small dollar? I mean peso?
Think of this as an investment in MXN against Sweden, the weakest pair I could figure, not the other way around.
Especially into the warmer months.
Who am I to counter-trade HA trend?
Global Position of BTC Midst COVID19 Chaos and Coronavirus PanicHi all,
It has been a crazy week with a lot of volatility. We've been seeing 4-5% moves in BTC every few hours. I hope you've been using your oscillators to identify the whip points and profit on the shorter time frames.
I've been loving this shorter time frame chart setup using 5 minute, 15 minute, 45 minute, and 120 minute time frames.
I have it setup where each of the four windows are around 1/2 the range of the next largest time frame:
- Then all I need to do is watch lower high RSIs, MACD divergence, and STOCH tops at across the different charts to see which way the short term trend turns. Quite helpful!
Learn more about setting up your own multi-screen trading system and the indicators used here:
cliftrade.com
As far as global perspective for BTC, we are near the bottom support of the consolidating triangle. It is worrisome that we got here so fast and there is potential to fall out of the triangle. I am waiting for the next big move down from this current dead cat bounce movement up. With COVID-19 cases climbing and the global markets tanking, I don't think there will be much support for a rally at this point.
If hodlers panic and need cash flow (unemployment is rising constantly), we could see an even more powerful movement down as they liquid their holdings. The growing impact of coronavirus also leads me to believe that this situation will have a lasting impact of many months. There is no short term resolution, and vaccines will take up to 12-18 months to develop leading to higher incidence rates in the near future. This could lead us to new market lows in the $3-4K range longer term until hope rises. Fill your alt bags then!
TARGET:
Target sub $5K until we hear positive news about the global coronavirus condition and market improvement.
METHOD
Short with leverage.
Happy trading!
P.S. Please like and follow! I rarely post, and only post the most valuable positions when I do! You don't want to miss them!
I am a simple market analyst - not a financial analyst
fortis Fortuna adiuvat - fortune favors the brave
Learn to trade: cliftrade.com
Yellow Metal Losing the Shine?It was fishy already the moment when I realized how people being greedy over equities TVC:SPX | TVC:DJI . Knowing much of major steps already taken in action from global governments and central banks all those honchos working together to save their own country equally from this pandemic created financial crisis let me think at least once that something is coming better for the future even if it's not soon but later for sure! I have already realized some good changes around which I don't like to mention here but take it optimistic for now and know that the shine of this yellow metal may no longer be brighter then past if the whole world are about to contain this virus inside a box!
