Trump
$S&P500 - Will just RIP Higher for the next the couple weeksSP:SPX AMEX:SPY
There's just almost zero technical resistance right now, just boring fibonacci levels.. Other than some new news event...
I have a hunch, only a hunch, that this market is "baking in" a Trump elected Presidency. Tin Foil hat conspiracy, but I'm starting to think that. Call me crazy, but the 5, 7, and 10 years US trees yield curves have been trickling higher.
I believe that everything is going to crashing down soon, but it keeps creeping & popping, popping & lockin, higher. I think it's Trump affect or something.
DWAC - What do you think of this chart ?Pretty wild ride. Pure political name. And election year.
Technicals screaming like amazing trade but any catalyst news can take this for a wild ride.
Just watching this for now, What do you think of this chart ?
$DWAC is Skyrocketing along w Trump poll #’s This is Trump’s SPAC that IPO’d back Oct 2021.
Based on the the 1st two days of trading, the Fibonacci levels don’t lie.
So here’s my thesis.. Since Trumps landslide victory in Iowa primary, this stock has been on a tear, up 240%.. and i have some info that the past week is only the start.
Tonight is the New Hampshire primary and i have a hunch that not only beat Nicky Haley, but this stock will CONTINUE TO MOON into SUPER TUESDAY primaries.
$442 is not an unreasonable price target based on its action.
This may very well be the Gamestop of 2024. NASDAQ:DWAC
DWAC Trump Ai Worldcoin Digital Acquisition TwitterThis one is a total crapshoot. ticker is historically pumped and dumped, my guess is that another catalyst is delivered this week to churn up mania buying again.
Then itll be out of gas for a while
be cautious if attempting to invest long term in Trump proxy-grifter corporations like this.
BTC Bottom inThe BTC bottom is in. This is the last scary candle before the start of the slow rising.
One of the major facts that contribute to the bottom is in theory this week was the Donald Trump NFT collection launch, here are my brief thoughts on it:
- Donald Trump surprisingly launches his NFT collection in 180 degrees move in his opinion about crypto. He has just launched it now, after FTX fall, after Sam went to jail, very close to XRP settlement, close to BTC bottom and on the Polygon network.
- Trump is also an official candidate for the US presidency which makes things very interesting because now his opposition has only two options, take a contrary approach to crypto to attack Trump or make their own NFT to compete and not let him get the benefit alone. I see a next-to-zero chance of Trump's opposition going against the industry just to attack him, that would be very silly, so we are going to have some sort of "Democrats NFT" coming shortly. In politics, if you don't have what your opponent has, you are losing. Trump NFTs are already sold out, if you like it or not, the news about it was all over the place. To catch up, and show that they also can, the democrats will launch their own for sure.
This scenario brings a very interesting thing. Having politicians, of the major American parties using blockchain to launch their NFTs, put them in a seat that is hard to condone the industry. How Trump can now criticise cryptocurrency if he is the one using it?
I have to admit, this was a very smart move by Mr. Trump.
obs:
*I don't care if you like Trump or not
*I am not interested in the quality of the NFT, just the fact that they were launched
*This is not about politics so if you are a trigger-brainwashed militant, please go away
*If I am wrong and BTC drops to 12k, bad luck, I was wrong, and that is all
WTI USOIL DRAWED TRUMPTVC:USOIL
I see clearly in the OIL chart the 45th President of The United States .
This is beyond technical analysis!
I can not be the only one who see this..
Fellow traders i dont know how to trade this but we all gonna meke $130,000 in the end.
I can only ask for your upvote.
Peace out.
TESLA has no resistance until 155, SHORT SQUEEZEIf you look at the VRVP analysis you can see clearly (the yellow) that no buyers filled the gap between 120-155, meaning this was a straight fall shorted by hedge funds. They are trying to fill out their shorts at this 107 price level, it's just a question of time at this point, they can't keep this suppressed with such a large gap, it would initiate momentum to the upside and with no sellers left at that level, it would fly up, margin calling shorts, and only further accelerating the price level to potentially 180.
Dow Jones index Trump vs BidenUsing the largest market index to show comparison of data mainly the % market gains and growth differences between these particular 2 presidents. Some people im sure would like to know where their hard earned savings went that have invested into the markets. Its simple if you follow the money trail and as it stands currently the total U.S. security assistance to Ukraine to approximately $3.8 billion in arms and equipment since Russia launched its brutal and unprovoked full-scale invasion of Ukraine on February 24 a country that is not even a part of Nato. Further immediate military assistance to Ukraine, valued at up to $150 million worth of additional arms and equipment from U.S. Department of Defense inventories. These stats are from a press statement may 6,2022 state gov website. No links cause I was reprimanded by trading view moderators previously. At the same time the fed raises rates asking for more money and not using the funds to fix our own debt issue.
The Trump Inflection Line predicts a warm winter for EUThis predictive line has predicted every peak and trough in DAX since 2018/2019 and Trumps visits to the UN.
For historic record I retraced the predictive structure back to 2018
The Trump inflection line is now predicting a 15k Dax for Christmas.
Merry Christmas in German.
Fröhliche Weihnachten
Just rolls of your tongue.
DXY : Long Setup towards 107.90 and 113I think we did Minor 2 of pending Intermediate wave (5) and towards minor 3 at 107.9. This is the extension of Primary C from 2012 bottom. I see the cycle top at 113 in time frame of FY '17 to Q2 '18.
Refer to my previous DXY chart as linked. I will keep updating on lower TF.
Happy Trading
Note: Trade your own plan. This chart is for reference purpose not the trade call.
Short TrumpF' trump. Dude is the worst business man ever seen. Anyone who does biz with the guy gets rekt. DWAC is also headed for worse. There's a gap at the lows. Let's run it by following the curve
Chart is sketch lots of gaps to fill up high...I think we will see 500-800 a share at some point. It will happen when people least expect it. Bear vs Bull, who wins? Bulls are winning for sure, volume is decreasing and the price is holding could see a sling shot gap up in pre market one day.... GL all NFA.
The TRUMP Inflection LineUS markets are closed today so I thought I would slide on over to the German index and give it the 1.618 treatment.
I was not disappointed.
The 1.618 is the hallmark retracement of my favourite pattern, the Head and Shoulders.
Why?
Because it’s usually the most accurate of all reversal patterns both bullish and bearish.
These particular 1.61.8 retracements are special interest to me because of the line in the sand that was drawn by the US president Donald Trump back in 2018.
This marked a series of retracements from head and shoulder structures that are still playing out today.
To start, I’ll go back to the 2018 UN meeting where President Trump warned Germany and UN leaders that they are becoming dependant on Russia for energy.
Enter the first 1.618 bear Head and shoulder
The bottom of 2018/2019 bear market also left a 1.618 retracement via a bullish H&S pattern with a key support level you see the 2022 markets as a major resistance level.
In this retracement we see Trump was back at UN right at the test of the neckline which began the retracement to the 2018 bottom.
Notice how the target for the 1.618 was reached at the same line that Russia invaded Ukraine. 🤔
Moving along.
A less significant, but still relevant 1.618 played out in the shoulder that marked the first gap down of the covid crash in 2020 and connects with other smaller 1.618. and who’s neckline also marks the 50% retracement of the 2020-21 bull market rally.
It also marks Trumps 2nd speech at UN and the Ukraine Documents.
Next Exhibit Please!
Now, even Covid bottom is now undressing its role in the 1.618 retracements with an inverted head and shoulder that marks the bottom of the covid recession.
And again we see the significant strong resistance and ultimately the top of the 1.618 retracements.
Zooming in, we see the other shoulder of the covid Inv H&S was a 1.618 retracement as governments scrambled to deal with covid, russia aggression and looming supply chain issues and energy problems.
Now is when things start to correlate with the other 1.618 retracements.
A top in global markets is formed with a rather volatile h&S at the top, but plays through exactly as Russia Invades Ukraine and is also the 2018 Bottoms 1.618!
And Finally the Inverse H&S forming now that I present in this idea.
From a macro perspective I don’t see this last inverted H&S validating. This setup would require positive news from US markets on inflation and to complete would mean an end to Russian aggression or sanctions on oil and gas and advert a humanitarian disaster this winter.
Failure to validate this head and shoulders would lead the economy deeper into a recession and become just a shoulder for the next inverse 1.618.
If it invalidates, then see S&P 500 1337 MAGA STRUCTURE that will instead follow through.
Thanks for Reading. Please boost if you enjoy the article and follow @SPYvsGME for more market perspective from the >>GRID<<
DWAC (Truth Social) Looks Ready To Recover (200% Potential)Truth Social SPAC DWAC looks about ready to recover.
A very strong correction took place since early March this year that resulted in a total 78.40% loss of value.
Now we are getting early signals that things are about to change.
The current price action smells to liquidity hunt.
A break below support just to quickly reverse.
As usual, bottomed out;
Very low risk with high potential rewards.
You can find the targets and stop-loss details on the chart.
Namaste.