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Thewolfofzurich

SOX : Trendline to watch!!!!Trendline to watch!!!! Indeed, the “SOX” semiconductor index, known as a leading indicator, seems to be showing signs of weakness. Although it has returned to its uptrend line, we can still be wary of Wolfe waves which indicate a possible breakout. Not to mention that major components like “Intel” or “Nvidia” are either very high and overvalued (Nvidia), or have experienced a fairly phenomenal series of consecutive increases (Intel). Breaking the uptrend could be a negative signal for technology and especially for the market as a whole.
TVC:SOXShort
by Le-Loup-de-Zurich
1
DAX: Bearish BUTTERFLY DAX: Bearish BUTTERFLY - Beyond the technical aspect, we can see that the DAX will spark a huge bullish rally following Madame Lagarde's interest rate hike announcement. As far as I remember, interest rate increases rarely increase 1% at the same time. Today's excuses for "buying rising rates" include: “We buy because we feel the upward cycle is over, and this makes stakeholders happy.” But no one brings up the fact that we didn't expect this raise. Because we had the same feeling at the previous ECB meeting - that there would be no more rate hikes - and today we share the same story and everyone believes it. There is something rotten in the merchant kingdom, and if they realize it, the sanctions will be terrible.
TVC:DEU40Short
by Le-Loup-de-Zurich
SP500: Bearish BUTTERFLYDAX: BUTTERFLY - Beyond the technical aspect, we can see that the DAX will spark a huge bullish rally following Madame Lagarde's interest rate hike announcement. As far as I remember, interest rate increases rarely increase 1% at the same time. Today's excuses for "buying rising rates" include: “We buy because we feel the upward cycle is over, and this makes stakeholders happy.” But no one brings up the fact that we didn't expect this raise. Because we had the same feeling at the previous ECB meeting - that there would be no more rate hikes - and today we share the same story and everyone believes it. There is something rotten in the merchant kingdom, and if they realize it, the sanctions will be terrible.
SP:SPXShort
by Le-Loup-de-Zurich