Looking at charts from across the globe we found a very similar setup, triangle formations that are forming across the board in a timely manner. If we look deeper into what is going on we are going to get a pretty nice surprise. Let's start of with the Nikkei. The Nikkei has been on a consolidation pattern since the start of June and has just resolved within a...
Looking at charts from across the globe we found a very similar setup, triangle formations that are forming across the board in a timely manner. If we look deeper into what is going on we are going to get a pretty nice surprise. Let's start of with the Nikkei. The Nikkei has been on a consolidation pattern since the start of June and has just resolved within a...
We have seen a very clear shift in the COVID-19 pandemic storyline. This means that the dollar Safe-Haven state will decrease over time as vaccines go into production, Countries handle a second wave without lockdowns and businesses go back on track towards the next economic recovery period that might take a couple of years. Fundamental Backers: 1. FED Balance...
Oil has proved to be one hell of a buy, coming up almost 100% + and has provided great value in the channel range in which it was involved, now is time for the black gold to get some breather, show again some valuable perspective and give us a leg down for a potential move again. Remember that movements take time, and that oil is a extremely sensitive commodity,...
This is a complementary chart to the analysis uploaded on the SP500 short term bearish bias that paints the picture of what I am looking for, however we need to see a catalyst that can push the price lower and eventually a FED step in to continue a recovery trend. Read the full idea on the other post Thanks! leave your comments. Be wary of correlations this...
We are looking for a final push, however be wary that on the longer timeframe the picture is still pretty mixed, we can see dollar strength due to fundamental risk-off scenarios in the short term that coincides with DAX & S&P Sentiment and price action, however, a leg to the downside is still very much close. Trying to paint a little bit of perspective in a...
We will be looking for a leg down if correlations are solid, check for Commodities, Yields, and Gold, however, the push down might be brief if we see the FED coming in with the QE on ETF'S anytime soon. be wary that this could be a very short movie, will be posting an extra chart regarding fibs confluence and levels that are on top of this analysis. ...
Just to have a look which asset has been outperforming which...
To keep an eye on the bigger picture within DXY realm,
Just to keep an eye on possibilities and to contrast with SPX-USD COP-USDJPY
As you can see there is a Head and shoulders pattern forming in an inverted matter, this patter also adds up with a previous double bottom formed and completed which sets a lot of signals for a bullish bias, also due to the performance of us stocks, specially FAANG + BAT, crossing necklines would end up giving us a great long oportunity. waiting for a clear...