bullish continuation possible soon.
Expecting a strong breakdown for DXY. Still more more upside is possible before a big drop. Downside Target : 81-82 in 2020. Good Luck.
lovely :) now looking for one more major bottom in 2021 , then reverse.
many people still thinks we're in a V-Shape recovery , but it's a K-Shaped recovery in progress right now. which is one of last thing you want to see in a major economy. dumb money goes into many worthless tech companies and spike their market caps at unbeliavable levels. (just like before 2000 dotcom bust) on the otherside industrial sectors are not showing any...
looking for cac40 index to retest pre covid-19 levels before going into new bear market.
this pair still can drop slowly in short term trades, but it seems preparing for a sharp spike up.
due to market conditions , oil prices pulled back sharply . still chance for a strong rebound after us-elections.
this example shows the circuit breaker rules of US Stock Market from the current price.
if fundamentals support it , we can see something interesting in the next couple weeks.
gold can pullback down to ~1800$ but it seems preparing for another strong bounce over 2100$.
CHAPTER-1 played nicely ^^ silver prices outperforming gold and other metals. but this bullish trend may not be sustainable before another bottom test.
diamond hands or diamond heads? ^^
this is not what i'm expecting but , if global economy is really going into a severe depression phase , then stock market can run for more unrealistic valuations before it happens.
i don't call this a top but , a sharp drop is likely to happen in 2021 , but i don't think it will be something like great recession , great depression , economic collapse etc... slower but strong recovery can follow that drop too. the previous forecasts are completed in expanded timeframes.
looking for a market correction up to %40 before the long term recovery. VIX target : 50-55. it cooled down all the way back to the bottom , from the covid-19 tops . i don't expect it to spike up through 70-80 range again.