Xyz3dtrading
SPX. Heavy short after Unemployment Claims News? 22/August/24SPX500 will reach ATH again? Maybe today US Unemployment Claims data will give us an answer? Although US government have "announced" that don't be "shocked/shorted" as this time "the calculation" of US Unemployment Claims is "difference" than before..
Gold. How/Where to short toward 2390 +/-? 22/August/24XAUUSD's price probably will be "shocked" by today US Unemployment Claims, Even US gave early "warning".. Reasons why short at 2520 +/-.? 1) That is equally High Liquidity 2) Trend Line Breakout Liquidity for market maker/stop loss hunter to "grab" $$$...3) AND a fair value gap @ 2520+/-.
Gold. Where to Long toward ATH at 2500 +/-? 16/August/24XAUUSD possible forming an expanding flat (A)(B)(C)(Green) in wave C (yellow circled) of skewed triangle. Price could reach ATH again at 2505 before big drop toward 2310 +/-. 2505 is a confluence zone of :- 1) Upper Trendline (blue) resistance of Parallel Channel 2) Upper Trendline (yellow) Resistance of Skewed Triangle.
Gold. short toward 2310 +/-. 15/August/24XAUUSD trending down after the release of "better" CPI.. But "nobody" "care" WXX the inflation is now..That is "battle" within THE FED and WallStreet. While The FED "enjoying" the High rate, most its Citizens ...For rate cut..ONLY when WallStreet 'crashing" the market then.. The FED..
KLCI index probably start droppingg >10%. 8/August/24KLCI index price probably start dropping -12.41% +/- from this year high toward 1435 +/- for wave (2)(green) before heading toward 2200+/- by year 2026 AND 1435 +/- is a confluence zone of :- 1) Lower Support of trendline / Wedge pattern ( blue highlighted area ) 2) Pitchfork line Support 3) Monthly Demand Zone.
KLCI.Who/what made Malaysia's economic will boom again? 8/8/24KLCI / FBMKLCI index will hit reach ATH toward 2200 by 2026? What and who "make it" happen? Robberly it's the A.I, Chips sector. And what Make Malaysia as a "hub" of A.I Data Centre? Compare to STI (Singapore) and SET (Thailand) Chart. FBMKLCI chart almost identical! = It probably meant not because who was PM of Malaysia during 80s "making" Malaysia's GDP grow higher! It's "Cycle Trend/ circumstances?!!". AND. The "Cycle Trend/ Circumstances" was "created" by its millions of citizens! as "weather!" not just because 1 person! P/s. AND Most politicians are "good opportunist" they know how to "grab" the "cycle/Trend"!.
Topglove's cycle analysis. 7/August/24TOPGLOV may just completed wave (II)(Red) as its price near multi Confluence zone of :- 1) POC of Volume Profile (Red Horizontal) 2) Lower Support of Parallel Channel (blue). P/s what make health care stock sector grow? e.g Glove as most stocks crash!? "Sector Rotation"?! Anyway Hartalega just announced its "better" than its previous Quarterly report.
SPX. When can we catch the "falling knife?! 6/August/24SP500 index could be starting "deep retracement'" by end of Sept at least. What do we think the low cycle number 10 for the SPX's price would be by end of Sept by example? P/S There are few reasons for THE FED to cut cate. Not just due to high inflation, 1 possibility reason most likely would be "to rescue" the market! What make FED "Need to" "rescue market"?! Even before Sept?! Unless "stock crash"!