I just feel like this will happen.️ Gamestop may be a part of the reason why it can happen this soon. Best time to close the position would likely be a "reverse" golden cross on on the weekly.
Its time for a Dollar Story ! (previous lin echart idea 100-105 Range; before & after to the current spot) The Dollar Index ( TVC:DXY ) has managed to print 11 Consecutive Green Weekly Candlesticks, rallying up as much as 8 % from its July/2023 99.580 Low. A low violating all Technical aspects, which got us into a Short Idea but not for long before changing...
The great depression VS today's market structure! - trying to find synergies between both timeline's The Stock Market Boom and Crash of 1926-1933: An Applied Time Series Investigation I found this interesting how it aligns with today's market...
Measures how expensive or cheap housing is relative to wages. -Base 100 in 1975 -Volatility clean -In USD
- With Europe entering in to Recession as a cause of two consecutive negative quarters, a positive Price Action is a merely a relief rally that will be short lived.. Golden Zone is most definetely reachable taking into consideration the negative Macro-Economics events for Europe . Patience is a virtue . TRADE SAFE *** NOTE that this is not Financial...
The SP500 is in long consolidation and it looks like it is near to its end. I am considering two scenarios: 1. After debt ceiling deal – when they increase debt limit – the price will break up as a bull trap and will bounce from the next resistance. It will fuel the price to push to the targets – near pandemic bottoms. 2. The price, after the deal, will do...
“fearful when others are greedy, and greedy when others are fearful. Warren Buffet; what do you think comment bellow
this is the FED measure of recession risk, watch this peaking then buy risk assets with both hands this indicator doesnt lead by much, so if it flashes usually stocks crash immediatly
Gold is a chemical element with the symbol Au (from Latin: aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical...
In the chart above I have provided a simple analysis on what can be considered for when it comes to the overall market. 1. Pennant Formation is provided by taking higher lows and lower highs with a point of convergence. 2. If followed through Pennant path can force price action to previously seen pre-covid times. 3. This would in fact validate a completion of...
$NQ - What an interesting area! We are at key support, lets see if these levels hold - if they don't as recession fears grow...I'd expect it to go towards the next support. Enjoy, Trade Journal
BTC has collapsed after FTX/Alameda scandal. If some other major exchanges prove to be illiquid we can expect an easy 13K or even 9-10K. Happy hunting
$GBP - How low can we go? Tacking back to yrs of data, perhaps we go ahead to George Soros area of chart and going back to 84-87 areas of price action. Interesting times, I think 1.10 could be achievable as we are in recession, fundamentally very weak outlook for gbp and you got dollar king rising further as hikes remain on the table till end of yr for...
The DAX is moving according to my previous analysis for now. After touching the cloud on W1 and closing under the KIJUN in June, it is slowly, but steadily moving in a downward direction. That week, the price tested the KIJUN W1 again. In addition, on MN1 it is also bouncing off the KIJUN. For happiness it needs three arguments: price closing under the KIJUN...
The situation may take a strange turn, we need to follow the news.... The first inflammatory news is behind us, which caused this decline. The next one may just be a chain reaction.... The defense of this triangle formation may also cause a spring-test and a slow upward move in 2023-2024
We are now expecting a short term rally to coming back into the $4,200 region to clear all trapped liquidity , Then we are expecting the next leg down to begin to target the pre pandemic lows for the long term swing lows. As we know there was a large amount of cheap money injected into the markets and as the principle dictates what the market gives easily it likes...
The last time this happened was in 2018 but the market some how management to rally which resulted in a false breakout. In 2020 the market came back to this level and spiked around this area before turning into an almost 2 year rally. 2007 was a different story as market broke structure and the result was a sell of that lasted one year. What will happen in...
Yellow= Support or Resistance Green= Positive trendlines Blue= Strong and trend effecting S/R The analysis concern USD bound to SEK, however its a great general directional indication to USD weighing against all other. The Analysis is about the current positive trend. Due to its already developed for some time its not in its beginning, therefore its not an...