While everyone is focused on the meltdown in technology stocks and bond prices, the U.S. dollar is hitting even more historic levels to the upside. The U.S. Dollar Index started moving in late 2021 as the Federal Reserve got more hawkish. It accelerated after Russia invaded Ukraine and has continued upward every week since the end of March. The main pattern on...
Playing around with EWT and the Russel 2000 looks like it completed a wave 3 and has been distributing along with a bear trap breakout in early November when we got a high CPI print and the Fed said they will accelerate the taper. Macd cross as well...
Waiting on the release Bitcoin and #crypto being a more of a pure market is highly sensitive to economic stimulus obviously let's see how BTC reacts one it gets to the 43/42k area if it gs there could be an opportunity to stack --- potentially
The S&P500 has recently seen a small sell-off towards the 4600 area. As we are at year-end many are making predictions as to where the SPX will be in 2022. Almost everyone predicts a level above 5000 which is very bullish. From a technical perspective, the RSI indicators on the 4hr chart are in oversold conditions (24) and the price has seen a small bounce from...
Big week ahead in terms of tapering updates. We are very bullish coming into the week for the following reasons: 1. The market has been made aware of Powell's true stance on inflation since he told everyone "we need to let go of the word transitory." We did sell off soon after to 4500 as the market received the news, but since then, everyone has had time to...
Or does it signal an end to the QE driven asset party?
Mortgage defaults continue to rise. Jumbo rates continue to rise. Conventional rates continue to rise. ________________________________ Jolt Cola ahead next week from the Pelican. Caffeine for Cocaine. ________________________________ The warning signs are broadening.
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* (Not a stock!)(FX Trade!) Short $DXY at $94.300. You might be thinking "why...
Happy Thursday Everyone, I thought I would share a quick update on BTC from several perspectives. I track traditional equities and macroeconomic trends as closely as I track BTC and Ethereum so I hope this analysis adds a little value to your research. Its almost impossible at this point to find a single notable bearish metric for BTC or Ethereum from a...
Downward pressure, combined with increased volatility should push $AAPL down from it's current levels to at least the bottom of it's current channel over the course of the countdown to a concrete tapering schedule. Many believe the FOMC meeting on Sept. 22nd could be the formal announcement, as it would give the market enough time to adjust accordingly, however,...
Hello Traders Here is a new SELL Scenario, Federal Reserve 'on track' for tapering asset purchases. For a longer term, it can reach 1.15 and 1.14 for a quarter if you are patient. 💹EUR/USD SELL STOP ✅ Entry @1.16300 or below ✅TP-1# 1.16200 ✅TP-2# 1.16000 ✅TP-3# 1.15800 ✅SL# 1.16800 Source : www.actionforex.com JamdeJam will not accept any liability for...
Here is a new Sell Opportunity. 💹NZD/USD ⏬SELL ✅ Entry @0.70700 or below ✅TP-1# 0.70600 ✅TP-2# 0.70500 ✅TP-3# 0.70000 ✅SL# 0.71800 My Forecast : This Pair Will fall because the crash of evergrande china will make it vulnerable, usd will be stronger and start tapering next year My sentiment is , NZD Will vulnerable facing USD and FED Decisions Also a steady...
Right or wrongly, as soon as the word ' taper' is announced, or even eluded to - the market goes into Ape mode and trades axiomatically - in full Ape mode it means: - Sell SPY - Buy DXY - Sell commodity currencies. Tapering is actually positive, so in effect the right thing to do if you don't want to scalp the short Ape Trade, is buy at lower levels...
Previously I wrote a brief note explaining caution for the US Banking industry as illustrated by XLF. This is due to: - market risk of a broader market pullback - as currently being experienced - impact from Covid-19 variants like Delta etc., - the cumulation of record high bank reserves (cash) which serve to stress Bank Capital and Capital adequacy ratios....
The real move will arrive @ 2:45PM EST Simply Vanguard and Blackrock swapping shares until. Sell Side did mount the Decline Sellers were attempting. SELLERS @ LOWS ENDS BADLY for these chasers.
Tmrw is Bank of Canada, The only central bank to actually start it's exit from their QE program. EUR is looking to extend theirs as always , from a pure fundamental stand point, this thing should be going to 1.44 pretty soon
Volume on TVIX has been dropping off. This might suggest that buying and selling is approaching a turnaround point, probably by week's end. But the problem with using timing as a sole criteria is prices could fluctuate wildly during periods of high volatility. And stops could be triggered.