We have 5 pivots on the down wave Price is trying to break out of the 0/3/4 fork Price is at a key level from the corona drop Targets as shown I'd be disappointed if it doesn't break the ATH next year As always watch GBPUSD and US treasuries NOT FINANCIAL ADVICE
Action reaction chart Coned view Will show panned out view also Think top is in for yields Trade at your own risk, no advice given
Here i have looked at SPX PA post the break of the pre corona highs From my perpective, we have seen two episodes of truly bullish PA (green arrows) We have also seen long periods of slowly rising price and sideways momentum (boxes on rsi) The 'channel' here is an inside pitchfork off major preceding pivots TRADE AT YOUR OWN RISK... NO ADVICE GIVEN
Action Reaction Chart Currently oversold with some support I'd expect 85 Q1 35 if we get a market collapse TRADE AT YOUR OWN RISK
I'm bearish on US growth tech because of the extreme valuations I'm somewhat bullish on China, in terms of its value versus the US market China debt:gdp is lower than the US and China is taking steps to tighten its credit Whilst this has resulted in a market correction In the longterm i think it's a better approach I'd look to dca into this, especially if we...
May or may not happen Action reaction chart Higher highs and lower lows for a few years now Bearish Divergence Let's see what happens NO ADVICE GIVEN G.R.I. Dec '21
Action - Reaction Chart On Ford Bearish Divergence Coming into a possible reversal area Possible top NO ADVICE GIVEN
Just some simple analysis on march 2020 It started with a gap down over a weekend There was some bearish divergence preceding it The crash took around a month, and the bottom coincided with the top in the vix There were several daily candles i think the current iteration of bulls would have bought on the way down (ovals) MM will be fully aware of how this...
Pattern seems fairly clear at this point Just waiting for 'gravity' to take effect Would expect this to complete before Christmas, as always copper and yields will move with btc Trade at your own risk
Action reaction chart Just starting a downtrend i think Some buy targets shown Let's see what happens GRI Dec '21 NO ADVICE GIVE
I used to believe in hyperinflation and a dollar reset too But this isn't going to happen (yet) For nigh on 40 years, economic growth per capita (nominal AND inflation-adjusted real ) has been in a downtrend. This coincides with the 40 year bull market in long term government bonds. For around a quarter-century: the GDP generated /dollar of the money...
Here we see that Cable has been in a downtrend for a long time Post corona: it tried to break this but failed I am seeing a lot of similar scenarios We had a bust and boom, time for another bust? Let's walk through the timeframes on this Action - Reaction chart TRADE AT YOUR OWN RISK G.R.I. Dec '21
Using the action - reaction technique On a log scale We have two targets 35k in January and 25k in March Bitcoin moves with rates and copper so if this plays out- by the end of Q1 inflation will indeed have proven transitory TRADE AT YOUR OWN RISK
This is an action reaction chart I've done the action reaction lines using major pivots on macro I've the coned down to the daily And here we have bullish divergence at a potential reversal spot Trade at your own risk G.R.I. Dec '21
This is a tricky chart The key is that the dollar is bullish imho Other than that i've made an action-reaction chart on macro using as many pivots as possible and this project further down as per the title and chart Let's see what happens TRADE AT YOUR OWN RISK
This will be an idea i have to explain below So sorry for the busy chart on the left On the right we have the DXY showing a classic pitchfork reversal- ABC pivots and price reversing before it gets to the median line which bisects BC from A TRADE AT YOUR OWN RISK
Further evidence we are in a new bullish wave up But time will tell Trade at you own risk See my linked ideas G.R.I. Dec '21
See my previous idea If this indeed is a bull move then the sell of longs would come when price hits the median line (yellow) Trade at your own risk