Recession
Bold US30 predictionCourtesy for this opportunity goes to @FOXofLA and I immediately noticed the agreement with my US30 intermarket correlation chart.
The market is still very undecided and causing sideways movement most of the time with sudden strong momentum when one of the leading competing parties is not paying attention. It is therefore also. and including worldwide CB stimulus, that bullish sentiment still exist and imho capable of reaching 30k.
I wouldn't even be surprised if for a moment it looks like it is breaking through the trendline as well. Somewhere June/July or maybe August the awareness of worldwide failed monetair policies kicks off capitulation of world's most popular stock market.
Big Short II?
Historical Analysis of bearish market durationBased on the historical data, it looks bearish market stays for a minimum of 12 months during recession. And we are just 6 months in to the bear market since Jan'20, i expect it may extend till this December or Jan'21. Also during 2008 the bear market fell around 60% from its peak, ie., 6100 to 2500. If we assume the market dip 60% this time from its peak 12200 then the bottom might be somewhere around 6000. Its just market analysis based historical data , there are many factors that can change the trend of the market. So don't follow this chart for your trade.
JPN 225 or Nikkei 225 shortWe have an indice analysis to share - as the Japanese stock market could be seeing a big move to the downside in terms of Drop base drop formation, where we have an impulse - corrective pattern and forming a base in the supply and then selling off.
We will look to add this to our portfolio and not the CFDs as the spread is high for many traders even with small spread accounts.
But you can look for ETFs short leveraged positions. Choice is down to the individual.
We have a target area we would like to sell from, however we will look for sells within the two red blocks of orders.
the R:R is just to show possible risk rewards possible to targets.
Thanks
Lupa
An Obvious Investment. Profits 100%+.Everyday you hear of recession and taking a quick look at gold stocks, they seem to be the safe haven and profit maker during financial uncertainty. Take a quick look at New Gold during the recession years of 2009-12. Gold stocks rose with the price of gold and this stock under $1 is an absolute must buy.
NGD is in line with its historic lows of 2008 and has only up to go from here. A slowdown is happening, recession is inevitable. Some say that Bitcoin is the answer, but, large investors and institutions will direct their funds from Bitcoin to gold , gold stocks, and precious metal mining stocks. The price of Bitcoin would drop during a recession as investors will seek safe havens. Bitcoin does not have the stability to be considered a safe haven as it can drop 20-40% in a single day. You can rest at night knowing that gold at most falls $40-50 a day, but averages $5-10 swings per day. That is true monetary stability.
- Buy In : $0.90-0.99
- Short Term Target : $1.30 or 30%
- Long Term Target : $7.00 - $10.00 or 600-900%.
The signs are everywhere, the numbers prove it. Most of Europe is in recession. Import/Exports are down. China's GDP is the lowest in 25-years. Brick and Mortar stores are closing faster than ever. Massive restructurings = massive layoffs. This is sounds like 2008 all over again. Be prepared, invest smart.
US Pushing Previous High/Safety Point Whilst Inner World CrumbleUS markets recovering from Q1 downfall. Markets must have attached themselves to the Falcon 9 and being dragged up to the International Space Station it seems considering what’s transpiring below it… (numbers V reality) Both markets flowing up the inner upward channel. The below remains the same but obviously with each positive day the market assumes a point of being stronger to tell a certain narrative. But we all know the saying ‘The bigger they are, the harder they fall’
VERY BEARISH if the following transpires before breaking the above safety points:
S&P: If P action closes below the orange line at 2723.3 attention will turn more bearish and watch for market to fall to 2460.2. In this instance will reassess market dynamics as it may bounce in this range or continue to fall
Dow: The same flows for Dow Jones with P action closes below the orange line at 22931.5 attention will turn more bearish and watch for market to fall to 20842.4. In this instance will reassess market dynamics as it may bounce in this range or continue to fall.
If a rise to Safety Zone seems the world is running ‘normal economics’ again.
Hunt my stop loss / you missed!!What up every one.
I told you my trading zone Gold under 1730
Now this is your opportunities
My trips, I shoot 4 Bullets
-1720 : 1 order
-1710 : : 1 order
-1700 : : 1 order
3 day ago. I show stop loss at 1700. I really surprise. the price go down to my stop loss.
It is ridiculous. Are they hunting my stop loss. you missed!!!
Now back to 1720. We will fight back.
JP Morgan predicted that there is a 60% chance that a recession will occur in 2020
You can't escape recession .
Gold is money.
Give money to me.
Give a profit to everyone.
Covid-19 Recession I've learned charts of BTCUSD (2017-2019) and DJI (1929-1933) and found out that there is a big chance to see long term downtrend after first bounce from the bottom.
Situation is quite equal to BTCUSD Dec 2017 - Jan 2018, when price bounced from 11.400 (~-40% from top 19.400) to 17.000 (+50% from bottom 11.400). I remember that time - many people expected new all time high in 2018.
Nowadays i see news and forecasts, telling us about new highs in Stock Markets due to unlimitted QE policy of FED. I think this is wrong forecast. I expect government to buy assets from financial companies to give "cash" trying to avoid inavidable disaster. And there is no nessecesary in new high for this. I think this disaster (long term downtrend) is going to happen, because this is normal part of trends (sometime up, sometime down).
Comparing chart of DJI 1929-1933 to nowaday i see, that it was down impulse Sep 1929 - Nov 1929 (~-45%) and move back Nov 1929- Apr 1930 (+36%). It is quite similar to my expected scenario that i will tell you.
I am learning zones of buyers and sellers. And my technical analysis is built on this zones and levels of support/resistance.
On DJI chart i see:
buy zone - 18.100-20.000. This is zone, that i've expected to stop falling and to start bouncing up.
sell zone - 25.377-27.777. This zone is similar to 270-295 in 1929-1930.
Today i see that buyers won previous day and took 25.377 closing the day candle upper this level. I expect that buyers saw this signal and they will make up-impulse today. Also i expect price to stay in sell zone 25.377-27.777 for a few weeks.
I will add new ideas to this analysis in future, when chart will give new signals.