APE - possible trend change at T-90APE share price has been heading down since it hit the market nearly 90-days ago back in August 2022. Some discussions state that shorts may need to significantly cover at the T-90 mark, which hits next week. Not sure if the MMs would be required to close/cover at T-90, due the numerous exemptions allowed to them for "market efficiency" reasons, but regardless the APE chart is starting to look more bullish.
Regression trend on the 2 hour chart along with a few other technical indicators appears to be showing a potential end to the multi month bearish trend. APE share price has started to drift away from the regression center line suggesting a new trend may be developing. Further the Bollinger's are getting tight on the 2 hour suggesting a near-term pending directional move.
Stoch RSI is near - but not yet overbought on the 2-hour chart, and the price can still run from here IMO. The Volume Accumulation % indicator is showing that buyers are finally coming back. Expecting a run to upside on APE fairly soon. No options available on this one. Adding to shares.
T-90
CVXThe RSI7 looks to me that its coming back down, price action was very parabolic and it has to have a pull back
The WAE is looking like the way is down
The Vortex5 is showing that the bears want a little action
A trading system for rookiesThere are many trading systems but most of them are very complicated for the novice trader.
The 30d/200d SMA trading system is simple, easy to comprehend and gives few and reliable signals without many false signals.
The trader has to draw the daily diagram of the stock. Next they have to install three simple moving averages of prices, the 30d SMA, the 200d SMA
and optionally the 9d SMA (to track the price formations).
Price movement below 200d SMA most of the times signals the change of the stock’s long term trend to declining and this is the reason we must never buy
a stock below 200d SMA. Correspondingly, price movement below 30d SMA most of the times signals the change of the stock’s midterm trend to declining and
this is the reason why a new trader must never buy a stock below 30d SMA.
Following these two rules, a new trader can avoid getting trapped in a declining trend that can diminish their capital.
New traders are unaware of the risk of holding a stock with a downward trend. They are carried away by the excitement and hope of its prices returning to
the levels they bought it and do not sell it. So, when they now have a loss of 70-90% in the capital they invested, they are seized by panic and sell the share
at humiliating levels, losing their money. This is also the main reason that the 90-90-90 rule applies, i.e. 90% of new traders lose 90% of their capital within 90 days.
The second important reason is that they follow the very short-term trend of the share that gives repeatedly false entry/exit signals, so they do too many
transactions that lead them to big losses. Only very experienced traders can successfully track the short-term trend of a share (minutes, hours). My opinion
is that a new trader should follow the 30d/ 200d SMA trading system, which applies in the daily stock diagram, and leads them to a small number of transactions
with minimum risk. In fact, this system, if firmly followed, may lead them to big gains.
Later when a rookie trader gets experience, they can use the same trading system for shorter timeframes i.e. in stock diagrams of 1 hour, 30 minutes,
15 minutes and so on, timeframes.
A complete list of guidelines for the novice trader is presented next. I am sure that following these guidelines, a novice trader can beat the 90-90-90 rule.
DAX30: Weekly - Long-term chart targeting 1566 till year 2020This is the main idea of the final wave for DAX30 and the indices similar to it based on the 90-year cycle from 1929 (Great Depression) + 90 years = 2019
90 years as in 90°down in the markets. The 90-year cycle is also the 90-year debt cycle.
The 90-year cycle is one of the most powerful cycles out there and it causes huge drops as DAX30 and other indices similar to its pattern has reached a triangle formation, the steam off the bull market runs out and the only way becomes down when the formation is so prevalent on the log chart.
At the same time a 'Wolfe Wave' pattern has been in the making for the past 30 years and is now finalizing the triangle just before it drops till year 2020 with the 90-year debt cycle.
Wolfe Wave Example
i.imgur.com
This crash will most likely be a fast one because of the algorithms in the markets today. The fundamentals can be linked to anything associated at the time but Deutsche Bank ($DBK) which is the most obvious contagion to date will likely be the cause to this next financial crisis because of the amount of debt that the bank holds within the banking system.
What's important to remember is that a graph is a graph and that technicals shows you everything you need to know about the future, regardless of the time frame when a pattern like the 'Wolfe Wave' is so prevalent on the Weekly log chart a drop follows, especially when a big cycle like the 90-year debt cycle expires around that date together with this wave.
After year 2020 it will be a good time to re-invest in the world's stock markets again till year 2026 and 2033.
EURO vs. DOLLAR VIEW 6-th JULYEuro vs. Dollar projection for this and next week. Brexit volatility calms down, market noise going to normal levels. Our view is based on 65% technical and 35% fundamental. On US open of 6-th July we expecting pair to reach new low over 1.1020. On these levels pair got high probability to change major trend on 1 hour time frame. In the beginning we expect range of 20 pips until Friday. Wish you great trading week.
