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QQQ Invesco Trust Series I ETF Nasdaq Near-Term Trade Opportunity One of the major Large-cap Growth ETFs, QQQ is about to complete a bullish pattern. October 27th: Nasdaq.com “Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an...

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Concerns that the FED will continue its tightening policies with aggressive interest rate hikes are putting enough pressure on the markets. There are big earnings releases after the close when tech companies including Salesforce.com (CRM) and Nvidia (NVDA) report results. Cathie Wood’s ARK funds sold shares in Nvidia ahead of the results. After a recent string...

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Shares in Netflix, which is due to release first-quarter earnings on Tuesday, have dropped 43 % so far this year as global subscriber numbers have disappointed. According to the FT.com: "British households have canceled video subscriptions in record numbers as they curb non-essential spending to cope with the cost of living squeeze, reinforcing concerns that a...

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Jobless Claims hits the lowest level over 5 decades. As full employment becomes a reality, the Fed will be forced to focus more on taming inflation. Earlier rate hikes knocking at the door. On the other hand, ECB is keeping its accommodative position. Today's CPI data and FOMC meeting of next week will show us the path If today's US CPI comes above 6.5, FED...

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Cycle Sniper Daily breaking down 0 lines. SMA 100 Daily ( 61.8 Fibo Fan ) was tested. A technical correction is running. 4H EMA50 SMA200 crossdown is in progress. Short Opportunity 1: Retest the broken structure. Target is SMA100 Daily and 61.8 Fann Short Opportunity 2: Breakdown of 61.8 Fann. Target is Red Rectangle and Green Trendline Good Luck

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US Relaxes Tariffs on Steel and Aluminum from Europe, Looking Next to UK and Japan The US and the EU have reached an agreement that will replace Section 232 steel and aluminum tariff against EUs 27 countries with a quota system that could result in lower steel prices. There had been speculation for months that the sides would come to an agreement by November...

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Patterns: * Bearish Shark * Cont. SHS Pattern Set 7 5 3 - Target 3 34.530 Timeframe: H1 Patterns found by "ADVANCED CHART PATTERNS TRACKER" Cycle Sniper Conf: H4 CS price is overbought, CS Singal Price is approaching overbought ** Gray Lines by Breakout Sniper

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Timeframe: D1 Pattern: Bullish Flag Breakout happened Levels as described on the chart!

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Jackson Hole Symposium approaches. The possibility of the FED to start tapering in the markets by October at the latest is gaining strength. The strongest part of the basket still appears to be the US Dollar. There is only one issue that can lead the FED to act late reducing asset purchasing is the new coronavirus cases that may cause new lockdowns in the US...

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Updating our XAUUSD Weekly Chart. Jackson Hole Symposium by The Federal Reserve Bank of Kansas City; Aug. 26-28, can be the place of the FED's first strong sign of a new path. The location of the key support zone is 1765 - 1750 USD/Ounce. Weekly closing below 1750 ( and the closing below the red trendline ) will add weight on the ounce. It is early to take a...

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FOMC Week. Potential I SHS H4 Cycle Sniper Daily TF "0" breakout is likely. Daily RSI has room to go down.

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RBNZ is the first CB to end QE. Today CPI came above expectations. This CPI data confirms a potential rate hike in the first meeting. Targets are mentioned on the chart.

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Bearish breakout scenario Levels are mentioned on the chart.

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Ninja is printing an SHS pattern. Key breakout and target levels are described on the chart US CPI may trigger the bearish move. Good Luck!

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Harmonic View: Black Swan Daily Cycle Sniper : Ready To Sell H4 Cycle Sniper: Sell Good Luck

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- BOE published Monetary Policy Statemet today. Nothing intersting -BOJ coming soon - Rumors about BOJ ... especially on bond buyings + repo facilities Here we are

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Crude Oil prices, which tested $ 150 / barrel levels in 2008, had a rapid collapse with the explosion of the bubble in the US Housing. The rally, which started at $ 36 levels, decelerated in 2011 at $ 110. Prices, which remained stable between $ 110 and $ 75 for a while, saw a rapid sell-off in 2014. We were listening to the same symphony as the prices tested $...

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Inverse Head and Shoulders' targets were filled in. Price filled the alt bat pattern as predicted. The pattern is working and the price dropped 40 points. Here we have EMA 50 - SMA 200 Suport 3840 - 3828 horizontal support zone. Cycle Sniper H4 Smaller periods in overbought, bigger periods close to 0. Closing below the horizontal support is needed for bearish...