XETR:DAX - Germany's Most Wanted surtopping its ATH over 16'400 became unlikely as EU enters recession, now that China is on the brim of a recession and Beijing issues stimulus, and the U.S. is expected to turn to a landing, whether hard or soft. This chart shows a best case scenario for the DAX in a cooling world economy: a correction to the Moving Average 200.
A very rare bearish signal on Germany's top market index? The hammer which a retraction-barrier zone around gaps is shaping together with a high-volume pile suggests exactly that. DAX closes this week just under the forementioned R.B.Z. and doesn't muster the strength to close over monday's opening. Overbearing timeframes show that Germany's Most Wanted tried to...
Apple Inc. NASDAQ:AAPL provides a rare example nowadays why we call negative price action short, and positive price action long: on the brim of the stock's all-time high, the bar sparks the strong analytical impulse to bet for a rebound to MA200. This would only confirm a long-upholding trend. Events triggering this rebound could be: - U.S. defaults on debt...
In the upcoming recession, an analysis of US100 or SPX might seem more profitable but those who focus on single values in a volatile market, AMAZON opens a short opportunity ahead of the recession.
The trend of last May's highs indicate that this year's May downturn might be dramatic. The May highs in the ongoing downtrend would decline for three years in a row if the white trend line is maintained. The very close August heights set a second resistance to break even if the white trend line is broken. Macro-economics and moving averages indicate a downturn...
Many people have seen this pattern or image on Twitter and social media, compared with past crashes of SPX in 1970 and 2008. The post goes around for a couple of weeks now, only that last week something happened which is different to before: the marked closed in a bullish candle. Apparently everyone and their mom is betting on a crash with a short, which...
After the war in East Europe dreaded the market in 2022 and the Federal Reserve had to raise the rate to combat inflation following a peak in energy costs, three mid-sized banks fell to their knees. Combatting inflation, in simple terms, always means withdrawing liquidity from the market, more so that raised base rates make bonds more appealing. And because the...