JK_Market_Recap

JK_Market_Recap

Short the Australian dollar is crowded trade at the moment Data showed that Australia’s monthly CPI indicator stood at 3.4% in February 2024, unchanged from the previous two months and missing forecasts for a slight increase to 3.5%. Last week, the Reserve Bank of Australia kept its cash rate at a 12-year high of 4.35%, pausing rates for the third straight...

JK_Market_Recap

A bearish outlook for USD/CHF pair The SNB lowered its benchmark interest rate by 25bps to 1.5% in its March meeting, surprising markets that expected a hold, to mark the first rate cut among major central banks following the start of global disinflation in 2023. This policy change attracted crowded short trades, making this one of the most crowded trades at the...

JK_Market_Recap

Long Silver is one of the latest crowded trades of the year. Silver surge sparks speculation over potential super squeeze. We will monitor if it turns out to be a short or a long squeeze. Silver has been trying to breakout of the wedge pattern but has been unsuccessful. It might break out of the wedge or break down

JK_Market_Recap

Bull flag forming in Chinese equity market with pointed target mapped in case we see a breakout

JK_Market_Recap

Breakdown from the channel confirming the downward bearish reversal. Last weekly candle broke down but we need a confirmation candle to further solidify the breakdown. Price heading lower to our pointed price targets

JK_Market_Recap

Bearish engulfing candle reversal identified on major equities and indices. Its a major warning sign ⚠️ that the bulls are losing control, and a bearish reversal is imminent

JK_Market_Recap

Price target road map in the business cycle for BTC in both upside & downside scenarios

JK_Market_Recap

Tesla's breakdown from Wedge Pattern will likely take price to the lower bound of the parallel channel. We expect the price to find support at $166 and get bounce back to the resistance line of $214 if the support line holds

JK_Market_Recap

Chinese equities — seemed to have bottomed and look primed for a breakout on the EMA Ribbons which usually confirms a buy signal. Also the additional liquidity being pumped in the Chinese market is fueling the recovery as measured by M2 and the Quantitative Easing as measured by the Chinese Central bank Balance Sheet. Price targets are at the FIb 0.5 level at...

JK_Market_Recap

Chinese equities — seemed to have bottomed and look primed for a breakout on the EMA Ribbons which usually confirms a buy signal. Also the additional liquidity being pumped in the Chinese market is fueling the recovery as measured by M2 and the Quantitative Easing as measured by the Chinese Central bank Balance Sheet.

JK_Market_Recap

Abercrombie & Fitch Co has been a rock star performance driver of late; we have noticed a turning point. Sentiment and momentum have shifted to bearish which has triggered our belief that a short position now is the right allocation play. We fully expect as the RSI & Stochastics have shifted bearish further validating our belief that price trajectory is expected...

JK_Market_Recap

If NVIDIA Drops below $593, good short entry point is the breakdown level from parallel channel. Take Profit at $469. Stop loss for short position set at breakout level above parallel channel at $596ish Not financial advice.

JK_Market_Recap

BTC is expected to peak at 90 to 100k by Q1 to Q4 of 2025. BTC price usually peaks roughly 1 year after the halving which is expected in April 2024. This is line with previous halving cycles in the past

JK_Market_Recap

BTC could peak at 90 to 100k by Q1 or Q2 of 2025. That would be in line with BTC price peaking 1 year after the halving which is expected in April of 2024.

JK_Market_Recap

Chinese equities — seemed to have bottomed and looks primed for a recovery when looking into account the liquidity available as measured by M2 and the Quantitative Easing stance of the Chinese Central bank.

JK_Market_Recap

TLT is ready for upside momentum once the Fed fund rates are expected to drop rates starting in 2nd Quarter of the year. S&P 500 is expected to take a down turn once the Fed pivot is triggered