A Brazilian finteach right now has showed a pattern well know in most markets since 1500. Study and compare how J.Livermore was right and keep being right until now. “There will never be any news on Wall Street or in stock speculation. What happened in the past will happen again, again and again. This is because human nature does not change, as human emotion is...
Nasdaq the main technologies index apart from being a leading indicator about stock market overall is showing weakness since start of month and I can't see any change in main trend direction. For moment its Sell or neutro however for conservativies investors I'd suggest get into cash until trend changes!
As many of you guys have got TSLA as the pop stock right now. I'm bring to you bad news hahaha For reasons not yet released TSLA is showing a huge break of trend.. giving it to investors a warning of Neutral position or Sell it.
Walmart the biggest revenue company in the world , declares it cant provide more profits consistently in 2022, institutional investors knew it far before and set a huge sell off today. For you mere mortal I`d suggest take the trend and realize something bad is coming up in the Usa economy maninly if Fed decide to raise rates faster than it might be. Fingers...
Iron ore as I was already mentioning is showing weakness and got a trend down! All iron mining companies related will suffer for a while!
Gold is showing a signal of weakness for a moment its a good point to sell it and wait for better chances in future!
Euro is performing poorly in recent times. For all those thinking euro area is good, I`m pretty sure its not. Look at these next levels for the currency in long term and think by yourself. Dollar rules over all other currencies and euro the main partner is taking it serious! For moment euro is neutral to down. ECB has a long work along the way to bring it back!
For bitcoin lovers and cryptos followers technical analysis says 3 touchs means... down.... BITCOIN 20K here we go! For those holding bitcoin or trying to buy the dip I`d suggest dont add more and seond ones DONT BUY HERE!
Us bonds has weakened from couple of weeks... time to be short
the real state index is showing weakness for moment its a sell!
SP500 the global index has got inside a neutral to sell position. For moment a lot of cautious in stocks
Itausa that represent the biggest bank in south america has entered in a down trend. for moment its a sell
Dollar has been weak mainly due to inflation in the usa.. interest rate ia still low compared to fed wants... for moment gbp is a buy
Brazilian stock market has showed weakness so for moment its sell it
Amazon the biggest company in retail globally speaking is in a bad shape... having got a financial problems... For Investors of long term its a sell or neutral position. Trend down!
After quite a long period of down trend.. the china index has showed some up trend move for moment its a buy
Brazilian index is weak for moment its neutral position in direction of down
Iron ore has showed some weakness for moment, making most of commodities companies related to it being weak abroad. For moment its neutral position!