Key Findings: expect bearish momentum again. - S & P s recent bullish move brought us again into trend resistance zone, we can at least expect a retrace here. But here are things getting interesting, normally we would expect some little retrace here with then a continuation to the upside before heading towards a next downturn. But this upcoming retrace will be...
Key Findings: Potential turning point. - I pulled a trend line between Jan and Feb local Highs and matched it with Dec Highs (200 days High), interestingly we today right stopped at that trend line, heres the potential new downtrend that opens up if we claim todays high as local high. According to sine wave theory the downside will very probable getting...
money flows either in bonds or in stocks, it very much looks like we got a decision in stocks on friday new york session , when stocks broke significant trend levels and first time closed outside their huge uptrend range they moved in since corona crash. Whilst bonds closed significantly higher. We are still at decision point, we could confirm a new downtrend...
Key Findings: bull attempts are over. Looks like no one wants to buy stocks anymore. After strong volatility and certain bull attempts its seems like we failed to run back into a bull trend, we just left current consolidation channel with oscillators still being at maximum, this opens up huge downside potential once again.
this is how our potential new eu uptrend would look like. waiting for confirmation ...
eu (EUR:USD) bottomed Dec last year and since then broke its latest downtrend significantly, it just absolved its re-test of that outbreak. Eu is now laying quite stable at horizontal support zone right above the previous trend. We can expect a strong upturn from here.
Key Findings: Bounce up in stocks will be supported by apple. If everyone is expecting the market to fall, it probably won't fall. This is a saying of experienced traders. Are we in such a situation right now ? What will FED decide on Monday in their emergency meeting ? Nevertheless chart is giving us significant price levels to watch. I highlited them in the...
There's a huge gap in relative change of stock prices vs bond prices that just recently started to close.
Key Findings: Dow Jones is a short-term buy. Bigger Picture is right at decision point. After a wild ride of January melt-down in techs, a very volatile FED FOMC Meeting and a retrace since then we are now meeting decision point for stocks. Market stopped with friday close right at significant price levels, a breakdown here would print us top formations and very...
S & P is bearish and even more bearish on the lower time frames. Price is just trading into moving average resistance and horizontal resistance while oscillators show maximum. Price yet touched outer area of our uber bull market we are trading in since corona low. I expect a revisit and a break soon. We saw a breakout of our new bearish trend we are building since...
bonds are bullish until Feb 15, this perfertly counteracts to a bearish stock market until Feb 14 as lined out in a previous idea
The Bubble has popped, it just takes some time for the air to pour out and build the leak. Im very much expecting S & P to drop to extreme low levels around 4 000 USD. Based on previous waves and upcoming horizontal resistances in lower areas im targeting 3 980 USD for the S & P. Welcome to bear market.
There is huge downside potential opening up right now, how far down will we go ?
eu continues being bearish and confirms its donwtrend once more, we will probably see almost a full wave length of bearish pa.
US 10year treasury bonds continue being bearish since we recently established a new downtrend, driven by the announcement of the FED to decrease QE. We currently saw a little bit of consolidation, we are now trading at trend resistance while oscillators at maximum, due to time cycles we will see a bearish continuation into february. Ps. bonds will deliver a 2%...
3 scenarios: 1. bitcoin stays in uptrend: bitcoin turns now and so confirms its uptrend, trendline works as support, 2. bitcoin fakes out uptrend and remains bullish short therafter: bitcoin leaves uptrend due to current strong bearish momentum, but continues bullish after some time, e.g. around february, 3. bitcoin leaves uptrend now and goes bearish: bitcoin...