InvestMate|S&P500 Time for correction📉S&P500 Time for correction.
📉Quick play.
📉S&P500 has made beautiful upward imupls since October 13.
📉In between times we have only made one significant correction.
📉 Looking at the current price action situation it looks like it would be advisable to make a correction here in order to talk about the continuation of the uptrend in the future.
📉 Assuming an entry at the current price level and setting a stop at 3886 and a take profit at 3735, we come up with a risk/reward ratio of 1.1.
Considering that the execution of a correction at this point is highly probable I consider this a good opportunity.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
USA
new spx500 gann fann test and average bull cycle waves new spx500 gann fann test and average bull cycle waves
qqq and spy 2001 boom pattern shape
Financial Wave. DXYDollar Index, DXY
The US dollar 🇺🇸 closed at highs for 8 out of 9 months in 2022. The last time this happened was in 2014-2015. The difference between that time and now is that in 2014-2015 different countries actively devalued their currencies for comfortable export prices. Now their weak currencies are ruining the economy as many countries depend on net fuel and crop exports. The decline of other currencies against the US dollar increases inflation in these countries. And it looks like investors are looking for a safe haven for money that will have value amid tight geopolitics and a recession.
👉As we said earlier, the DXY Dollar Index has completed or almost completed the growth in a five-wave impulse. A drop below 110.20 would be a confirmation of this scenario, and the dollar will go into correction for several months. The first downside target is 105. A rise to 120 is allowed to complete the momentum.
XAUUSD Fibo retracament 38,2; 23,6; 0,523,6% we have the main resistance
38,2% we had the last support that already is the new resistance, and the 50% the support, with some shadows candles testing it.
If 0,5 is crossed this have a big probability of being the next resistance.
We believe two options of testing the support and resitance, however the 0,382 seems to be a strong resistance, tested several times, moretheless the 0,5 zone will be tested again
Also if you look at 1H tf you'll see the EMA had also crossed the bb middle line, resulting in a short position for Gold
TSLA next stop: MoonTesla have already tested the support more than once as we can see.
With the BB indicator we can see the candle crossing the upper line and going forward to a bullish trend .
We had also analyzed the Q3 earning report, and Tesla this quarter is much better than the Q2, we can see the assests is the biggest increase since last year, (57 834 millions to 74 426 millions) and the liabilities and equity had a increase but not very relevant, about 4 million.
And we can see in percentage the EBITDA is recovering from last Quarter with an increase of 0,6%
Since the Q2 2022 was the quarter with less vehicle deliveries, almost with the same values seen in Q3 2021.
We can also see the free cash flow chart where it show us a huge increase since 2Q 2022.
SP500 Buying Index Twitter 44/289 (warnings-manipulations)Pay attention to the dates of Ilon Musk's statements about the “grand purchase” of $44 billion (some sources of information have 43, but most advertise as 44 for obvious reasons) of the social network from which he broadcasts.
Probably many people understand what 44 is and why that particular number and time is chosen. 44 is a warning that is often used in various media, especially in the era of the crown virus and various “military operations” not only of Russia (as a plan and coordination of one).
On April 4 (44) Musk bought a 9.2% stake in Twitter for 2.89 billion (area + level). On April 25 (25/4) he already bought for 44 billion.
Naturally, it can cheat because the crowd must lose, knowing the exact value—it wins. As an option, these are directions to fuel the first decline (which everyone is selling now because they realize they will buy at a lower level), and the reversal will happen much sooner (planned and coordinated by various major market participants, the world situation).
Basic things in trading never change. Only the adjustment to the new scenery of market reality changes. Trading is primarily a projection of the human psyche onto a chart, and then everything else.
Pay attention also to the dates, there may be events that will be displayed on the price of assets, quite possibly on the index (it is not necessary, but it should be taken into account). For your eyes will go dark, from lack of understanding and lack of communication with the "battle hamsters", and you will not understand the main trick of the "noble hustlers" to save the world. After a while you will read another fairy tale as justification for the "market direction effect" (capital annexation).
For such a fall to take place, which is "secretly told to the world" by "the mouthpiece of the 'brand-man' Tweeter" (behind him are other people not from the "conspiracy theory" section), it is necessary that a "great sadness" takes place in the USA and in the world (as a projection of the locomotive of the world economy), which will strongly hit the economy of this country, which will be reflected on this index.
The chart shows 2 previous crises and their significant corrections, and of course, the V-shaped reversal. We should first of all understand that the price is currently under the uptrend line, and this fact cannot be hidden. The reversal (recovery) can happen only when the descending secondary trend line (purple) will be broken through and the price will fix above it, and the growth of the price (growth of the markets) will start.
A fractal is a cloned psychological behavior of people projected on a price chart.
Can it be a trick? Undoubtedly, yes. Limit your risks, do not hurry with entry points like in long / short and have a "safety cushion $". The basis of earnings at a distance, no matter what trends—it's your trading strategy and risk management (knowledge, projected into actions based on your experience).
No matter how much virtual money you have earned in the market, as long as this profit is not materialized in tangible goods and services—it is zero.
If you work in shorts (on any asset stock, cryptocurrency, and so on...), be sure to use a stop and move it after the decline. So that your profit doesn't turn into a loss.
I purposely attached my previous trading/learning idea on a live chart (see update and description). See how this stock took money by manipulating long and short squeezes while the price was going down.
GEVO. Manipulation Short squeeze. How short positions are reset
Also check out this idea of learning/observing from Dow Jones. For a general understanding of the processes.
This index, along with the SP 500, represents the situation in the U.S. and the world. There is an extensive article on this topic.
Dow Jones 1915-2020 History of key U-turns. Situation now.
AUDUSD - SHORT [Descending Channel] AUDUSD is in a short trend since August 12, and we can clearly see a descending trending line here in 1H TF, and you can also check the Daily TF and you'll see we have a support created some days ago, and seems to be a strong support and already tested.
And FED today had and is having right now a speech and the biggest concern is the inflation.
Evans also seems to convey that the FED is optimistic about the economy of US
GOLD SHORTWe have a descending channel and with the indicators BB the middle line, and the EMA, we can clearly see the pattern will continue, at least until the orange box, because could be the next support, where we can find at 1622.564 the first, or the second one with the LL at 1616.888.
However take a look the the FED speech!!
2022 Crash - My plan to trade the volatility I don't really post these for anyone else but for my own intuition to see how it turns out. But I'll have a go at explaining for anyone who finds it worth reading.
I've been waiting for this moment for a long time - and at times, been impatient. But it is now becoming clear where we are in this 'volatility cycle', in comparison to the volatility cycle of the 2008 financial crisis.
I'm sure many of us are aware of the risk of serious economic crisis literally around the corner. Not to say I/we know when, or how serious -but rather that I'm pretty cock sure there is elevated risk of serious economic crisis.
I won't go too deep into the macros because, well, you should know. And the conclusion I come to with what I think I know is that the fed may have created a multi asset bubble. How? Go google what % of dollars currently in circulation were printed in 2019-20.
To conclude, kicking the covid recession can down the road gave us the final over extended bull run of. Bringing the end to a 12 year bull market. This goes for economic cycle too - monetary policy has been largely loose for this entire period (correct me if I'm wrong, I haven't actually checked the data on this.). But I do know it has been loose for a long time and the fed has stood ready to rescue markets and the economy where required to keep things tidy - ie. markets and economies growing.
But as we all know, economies go in cycles, too. And after every boom comes a necessary evil - the recession. After every recession comes a boom again.
We need a recession - but the further the can is kicked down the road, the higher the risk that it goes deep.
Long story short and probably way to brief, the fed and government's over stimulation of the economy plus the supply issues born from pandemic and war have caused dollar devaluation and inflation. I don't care what anyone says - the SPX should not have gained 120% from the Covid lows. This is just silliness because of overstimulation (Michael Burry would agree).
Why? How? Go google what % of dollars currently in circulation were printed in 2019-20.
I'm surely not the only who sees things this way, right?
All of this, plus some amateur looking TA comparison to 2008, and staring at these charts for far too many hours, days, weeks, months, - I think capitulation is around the corner. Terrible news for most, I know. I don't wish for this to happen - I'm just following the fed. And would rather profit from the consequences of policy mistakes (kicking the can down the road) finally being rectified (Quantitative tightening, increasing interest rates = restrictive monetary policy = no more money printer until inflation and demand and prices calm tf down).
So, how do I plan to profit from this?
Well, volatility takes off to it's high's of $90 when we see capitulation. But, if history rhymes, we will see one last rally in the SPX - and the last sustained drop in volatility before a capitulation event. I am short VIX currently, but stand ready to build long VIX at tops of SPX rallies, eventually neutralising my position towards support, and phasing out shorts and tightening up stops on shorts. I expect this to happen over the next 1-2 months. Let me be clear - the short position is no biggy here - it's just because clearly we may see a relief rally soon, before capitulation. So I expect volatility to drop BEFORE taking off. So I'm short, phasing into long. Then I'll see you all when VIX is at $80-90 - then I will phase out of longs into MAXIMUM short positions on VIX. Let me be clear - I'd short VIX at $80-$90 with everything I have. And I plan to. Seriously. I encourage you to think about it and debate your reasons why that is a bad idea.
And with the proceeds from going long VIX through the volatility spike and then shorting VIX at $80-90, once volatility drops to c$35-25, I will start phasing into QQQ - 3 x leveraged Nasdaq 100.
Anyway, the anticipated capitulation event could be triggered by any external factor - war escalating, fed increasing rates more than expected, something completely unforeseen etc etc, it's not important - what's important is that the economy has been running hot, inflation is high, asset prices are in bubble territory, and as a result the whole system is vulnerable - we just need something to happen for it to be an excuse for the dominoes to fall as they should at the peak of an economic cycle, and should have happened two years ago. Then, once the dust settles in a couple years (possibly longer depending how bad) we can all grow sustainably (hopefully in more ways than one) again in the next boom cycle.
Thank you for reading.
This is not financial advice
Amazon Short PositionCurrently priced at $135 Tesla’s underlying stock price sits between its weekly PP 0.236 and PP 0.382 Fibonacci resistance pivots . Currently priced just below weaker PP 0.382 resistance level the stock is trading above its central PP level. This is a bareish signal. Investors should expect a correction towards its support. Furthermore, Tesla’s underlying price sits outside the 20-day ranged Bollinger’s upper bound. This is also a bareish signal, investors should expect a correction towards it’s lower bound.
Based on these signals it’s reasonable to assume a bareish correction towards the Fibonacci’s support. We anticipate Tesla’s underlying price to reach it’s 0.382, R1 resistance pivot before bareish corrections occur. Based on buy trends since the start of the year represented by the green candles, Tesla’s underlying stock price has pretty much reached the top of a buying trend and investors are about to witness bareish corrections. I have presented this using swing low and high prices since the start of the year.
Therefore, we have set a purchase price between the PP 0.236 and PP 0.382 resistance level . We anticipate based on buying trends that the green candles will reach a price of at least $137. The team have set a target price in line with the Fibonacci’s middle support pivot of PP 0.706. The buyer should sell around $101.
NQ will continue its free fall hello,
It was predictable that NQ will go down because of the over injection of dollar in the USA economy,
so it is normal that nq won't stand more this fall is its fatal destiny
always look up for sell opportunities do not buy.
remember i am not having a cristal ball prediction markets future but i try to be more efficient and more rational so kep eyes on my chart it will guide you it is simple to understand
good luck
Europe&Japan to perform better than USA from now on, 3-UKComparision of "FTSE (UKX) in USD dollars" to "SPX".
I am publishing the same for all (please see my other analysis): Germany, UK, Japan.
I ignore all the fundamentals and only make technical analysis. Fall of EUR&GBP&JPY and their stock market's negative divergence compared to USA (SPX) is about to end, I believe.
Important: This doesn't mean that the equities&indices are going to rise from now on. My analysis only says: Europe&Japan will perform better than USA. Just because they are very cheap.
Thailand vs USA- A good point for Tourism in Thailand, the country could get much more US/EU customers in 2022-23.
- in return it will be much more pain for Thai Peoples to visit USA and EU. (Euro is weak vs USD, but strong vs THB).
- Tourism still remain a big economic factor for Thailand, and much more important right now, after Covid Pandemic.
- The big problem is : Economy not only based on Tourism.
- Importations will be much more expensive for Thailand, and they will get much less profits for exportations.
- Thailand is the biggest exporter of natural rubber in the world ( around 14B annual ).
Scenarios :
- if DXY breakout his bullish trend and reach 120ish, we could expect to have 1$ = 39 to 41 THB
- A panic sell of riches peoples and companies could lead to transform their THB to USD. Then THB could back to 2001 situation, 1$ = 45ish THB.
Happy Tr4Ding !
Europe&Japan to perform better than USA from now on, 2-JapanComparision of "NIKKEI in USD dollars" to "SPX".
I am publishing the same for all (please see my other analysis): Germany, UK, France, Italy, Japan...
I ignore all the fundamentals and just make technical analysis . Fall of EUR&GBP&JPY and their stock market's negative divergence compared to USA (SPX) is about to end, I believe.
Important: This doesn't mean that the equities&indices are going to rise from now on. My analysis only says: Europe&Japan will perform better than USA. Just because they are very cheap.
Europe&Japan to perform better than USA from now on, 1-GermanyComparision of "DAX in USD dollars" to "SPX".
I am publishing the same for all (please see my other analysis): Germany, UK, France, Italy, Japan...
I ignore all the fundamentals and just make technical analysis. Fall of EUR&GBP&JPY and their stock market's negative divergence compared to USA (SPX) is about to end, I believe.
Important: This doesn't mean that the equities&indices are going to rise from now on. My analysis only says: Europe&Japan will perform better than USA. Just because they are very cheap.