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Uptrend

Major clues in USD indicate Bear market Late summer/ early fallHi guys. When trading its always important to learn/educate to find an edge on the markets. There are so many charts you can access to analyze/compare, etc. Its known that many ticker symbols can be used in certain ways to help understand markets in a deeper way. The DXY or U.S. Dollar Index is an asset that i use to assess Risk mentality. So keeping it simple: If dollar RISES -> it indicates a RISK OFF mentality -> so people leave risky investments to enter the safety that is cash If dollar FALLS in price -> it indicates a RISK ON mentality -> this means peoplpe are leaving the safety of the dollar to take risk in other investments. Im bringing you this analysis to assess the health of the broader markets and whether or not we are at risk of a down fall/ recession especially with tensions significantly rising in the Middle east. So jumping right in. I got 3 Red resistance trend lines drawn. This trendline, in part reflects Bull runs in broader markets. 2 from past history 1 which is associated with our current Price action. As you can see, this Resistance begins at the TOP price of DXY. Price is then supressed from a certain amount of time, before a breakout back ABOVE. Everytime we have broken the resistance trendline. The dollar starts a massive Bull run when measured: The 1st one lasted about 700 days The 2nd one lasted about 460 days. So the question i asked was how does this relate to the S&P and other markets. Does the breakout above resistance from the start cause drops in all markets? When i looked, i was surprised. Fall in other markets does NOT happen right off the breakout. In fact, when i measured after the resistance breakouts it takes roughly 133-189 days before S&P begins a BEAR market. As indicated by black lines. 1st example it took 133 days after breakout 2nd example took 189 days after breakout. We have recently broken out ABOVE the red resistance trendline. So if you consider previous history, our next Bear market i believe will begin sometime late Summer or early Fall. Now remember previous history does not have to repeat. It just helps us find patterns and consider things. It is however possible, if actual war does breakout. Things may change, as it would be considered a Black swan event. However, until it happens this is the likely scenario in my OPINION. Our current movements i think is just a pullback before continuing higher. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on DXY in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
TVC:DXYLong
by SafofAllTrades
MATIC is getting ready for a significant move!Hi All, Polygon (MATIC) is a significant blockchain project focused on Scalability and Efficiency . It enables faster, low-fee transactions within blockchain networks. As a top cryptocurrency, MATIC has recently undergone a healthy correction and is poised for a crucial move. Keep in mind that this coin requires a Mid or Longer time frame for substantial profits. Currently, MATIC is forming a compelling triangle pattern after a substantial decline and correction. This compression suggests an imminent breakout, with a strong possibility of reaching a price target around $2. Note: A well-timed move could even push and propel it to $3 or higher! What do you think? has potential for 100% Profit you think? 🚀 Good luck! 🎯 Armin-Academy
MLong
by ArminAcademy
4
S&P still very strong; rally goes onLast week began with bearish consolidation, which was short-lived. The bulls quickly regained control, established a daily higher low, and broke through the previous week's resistance at 524.1 . Although the breakout was not very strong, it was still meaningful. The March close was very strong, posting a +3% gain, and both weekly and daily charts are indicating an uptrend. All major sectors appear strong. The bulls have full control, and the rally is likely to continue. This week is heavily loaded with economic data releases, which might cause some volatility. However, unless there are major surprises, it should not affect our main thesis. Important level to watch is 518.4 . As long as it holds, buyers are in control Disclaimer I don't give trading or investing advice, just sharing my thoughts.
AMEX:SPYLong
by hermes_trisme
ZENSARTECH#ZENSARTECH ZENSARTECH Good for Holding around 6 TO 9 Months ..... Current Price at 621.50 ......... Keep SL at 594.35 .... (On Closing Basis ... Means ... Daily Candle closed Below 594.35 )….. After Close Crossing 644 …. Trail SL to 639 Targets are Shown on Chart in Greens . Key Partnerships Cloud Computing: The co has partnered with Microsoft Azure, Adobe, Amazon web services, Google cloud for CX, Software Engineering, Cloud & Data Relationships Enterprise application: The co has partnered with Oracle, SAP, Salesforce, and Guidewire for enterprise applications transformation. Business segments Digital and Application Services (~83% of total revenue in FY22): It includes Custom Applications Management Services that include Application Development, Maintenance, Support, Modernization and Testing Services across a wide technology spectrum and Industry verticals. Digital Foundation Services(~17% of total revenue in FY22) Infrastructure management services includes Hybrid IT, Digital workplace, Dynamic Security and Unified IT provided under managed service platform using automation, autonomics and machine learning. As of Q3FY23, Net cash of $179.4M As of Q3FY23, Total headcounts stood at 10,845
NSE:ZENSARTECHLong
by iism-ExpertTrading
XAU/USD | GOLDSPOT | New perspective | follow-up detailsGold closed last week deeply entrenched in negative territory, facing strong headwinds from a resilient US Dollar (USD) which hindered XAU/USD from capitalizing on declining bond yields. The Federal Reserve's March meeting highlighted the urgency for policymakers to consider interest rate reductions, despite recent inflation reports suggesting a potential reacceleration. This initially propelled XAU/USD to reach new all-time highs, albeit briefly. Presently, the US economy exhibits signs of resilience, with the Federal Open Market Committee (FOMC) projecting a growth rate of 2.1% for 2024, up from the previous estimate of 1.4%, while maintaining the Unemployment Rate at 4%. Attention now turns to inflation metrics, particularly the Personal Consumption Expenditures (PCE) index, favored by the Fed, which is anticipated to reach 2.4%, with core PCE projected at 2.6%, an increase from 2.4%. As we prepare for the upcoming week, this video serves as a guide to navigating the current market dynamics, offering insights into potential strategies amid these shifting economic conditions. XAUUSD Technical Overview: In this video, we conducted a comprehensive analysis of the XAUUSD chart, utilizing both technical and fundamental perspectives. Our examination included an in-depth study of key levels, historical price movements, market behaviours, and the interplay between buyers and sellers, aiming to unveil potential trading opportunities. Our focal point for the week is the $2,145 zone, endowed with historical significance, rendering it a pivotal level. The sustainability of bullish momentum above this zone could pave the way for continued buying pressure, potentially propelling prices to new highs. Conversely, the appearance of a reversal pattern or a breach below the $2,145 level, coupled with persistent selling pressure, might signal a resurgence of bearish sentiment. #GoldMarket #SafeHavenAssets 📺🔔💼 Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
PEPPERSTONE:XAUUSD
by darcsherry
PRSMJOHNSN*PRSMJOHNSN* Good for Holding around 9 Months ..... Current Price at *180.40* ......... Keep SL at *170.50* .... (On Closing Basis ... Means ... Daily Candle closed Below *170.50* )….. After Close Crossing *192.70* …. Trail SL to *184.95* Targets are Shown on Chart in Greens .. Expansion. The company completed a tile capacity expansion of 1.2 million m2 in Morbi, Gujarat, through one of its joint ventures in February 2023. Additionally, they are on track to add a greenfield tile capacity of 5.5 million m2 in Panagarh, West Bengal, which was expected to be completed in the first half of 2023-24. Also, it has announced to establishment of a captive wind power project with a capacity of 24 MW to supply electricity to its cement plant in Satna, Madhya Pradesh. It is expected to be commissioned during the first half of 2024-25. Growth Cement revenue grew by 6.8% YoY to ₹ 748 Crores in Q3 FY24 led by strong growth in cement & clinker sales volume. Cement & clinker sales volume grew by 8.8% YoY to 1.49 million tons; Share of premium cement maintained at 33% in Q3 FY24. EBITDA per ton increased by 167.1% YoY to ₹ 787 per ton due lower fuel cost and higher clinker production and inventory.
NSE:PRSMJOHNSNLong
by iism-ExpertTrading
2
A Promising Investment in Africa's E-commerceNYSE:JMIA is retesting the $5 support level which is a major point of interest. Bouncing off this level is a good sign for strong buyer interest and a sign of further uptrend. Bullish Case Growing e-commerce market in Africa: Africa has a rapidly growing middle class and a young, tech-savvy population. This presents a significant opportunity for e-commerce companies like Jumia to tap into the expanding market and capture a substantial share of the growing online retail sector. First-mover advantage: Jumia is often referred to as the "Amazon of Africa" due to its dominant position in the African e-commerce market. As the first major player in the region, Jumia has built a strong brand and established a network of customers, sellers, and logistics partners, giving it a competitive advantage over potential new entrants.
NYSE:JMIALong
by EgideSimba