At the moment SPX may experience a downward trend due to higher interest rate hikes. This is because higher interest rates tend to increase the cost of borrowing for businesses, which can lead to a decrease in their profitability and earnings. As a result, the stock prices of these companies may decrease, which can have a negative impact on the overall performance...
As the Fed continues their Quantitative tightening within This economy it is expected for the Dollar to rally in times of economic turmoil and uncertainty. God Speed.
After DXY failed to make a higher high on the weekly, I expect dollar to cool down and pullback for a Higher Low.For the meantime, gold and cryptos will push upwards in price to grab liquidity inside the FVGs
Remember the Dot Com Bubble? Apple's high watermark of the dot-com bubble was $150.38 back in 2000. When the bubble burst, Apple traded all the way back down to $13.36 in 2002. History repeats and Every 7 years during the Shimta year is when all markets go through a bear market/recession. Gods Speed and lets get this bread during this Recession!
Looking for price to clear equal highs before grabbing sell side liquidity from the equal lows.
I expect USDZAR to correct to the Monthly Fib to the 79 zone. Godspeed and make as much bread during this recession. Imbalances need to be cleared FVG.
Looking for a similar price action drop during 2008's Recession. God's Speed...
DXY will be putting bullish price action once the rate hikes are priced in. Crude is looking to pullback in the future as well.
Looking forward to seeing the Fed hikes rates and after last week's Crude inventories Report was not good. Path is similar to a Wyckoff accumulation schematic taking place. We will be seeing crude to out liquidity up to the 108 price then resume with a possible long term down trend reversal God's speed and best of luck to all traders!
1930-1933 is your TP. We are approaching the final stages of the Distribution phase on gold before the Markdown phase begins. DXY is looking to go higher in price in the coming weeks due economic uncertainties that china still has in their own real estate market.
As crude prices passed its 2014 highs, we are not done seeing the oil market go higher as holidays come in people are expect to travel more for the holidays increasing demand causes to price to increase.
Expecting gas prices to increase throuout Dec 3. Prices will raise due to the holidays while everyone will be tryning travel. Gods Speed...
it is looking like sellers perhaps are in control now and looks like SPX might need to test out some zones. Your trend is your friend until the end.
Oil fell after a report pointed to a build in stockpiles and investors backed away from risk assets on concern the U.S. may default.... Price action is calling for 44 cents imo.
Looking to rebuy EU once price comesback to my volume zone of interest.
USDCAD looking to pullback to the fib zone and will wait for price action to confirm longterm baerish bias.
DXY speaks for itself on where the dollar will head in the few months ahead.
Palladium setting up for the premium discount, stay aware. Godspeed