Since leaving from 69, oil became a bear. I guess, it probably go back to 50 level again.
After reading Fed minutes, what did you think? based on strong inflation exception which is keeping on 2%, the fact are higher oil price, lower USD. Strong economic growth made more interest hike and strong USD. 89.90 is strong USD need to break to go up, the top will 90. In that case, Market would have another price correction. Again, market love weak USD.
This Position should be very dangerous for DJI, if can not break down, then price of DJI gonna down again.
After i published the analysis of DJI, but it did not happen because of dxy back to 89. That is a good news for market. Lower USD, higher in profit. XLK now is good for long, even i believe XLK is still a double; however, the price of stock doesn't means real worth. Based on my graph,65.98 is a target position for long, if it could't break, the you need take out...
US CPI brings a strong USD, but that is not good for Market. It is the reason DJI drops almost 3000 points in a week. Hopefully, my point will be wrong, but seriously look after your long position.
If you have a long position in you hand, you need to pray a weaker USD. Last time Fed interest rate announcement and a better Non- farm pay roll seems give a signal of stronger USD, however, market was not accept this; This money, DJI drop almost 1500 points. Yesterday, report showed import increasing 5 times faster than export in China, which government didn't...
Since the short analysis i did on last nov, people who saw that and make some trade should made some money. i left the original here and believe GE will be back soon. A lot people says when i can buy GE. My target price is 14 USD. The reason is the bad effect still there. maybe some investor would like make the price more lower to enter long position . ...
After CBC raising rate, USDCAD must have a stronger trend to 1.20; however, i find there are two turning point at the 1.2400. Basic my analysis, USDCAD have opportunity back to 1.2900. My plan is set long position around the position, target at 1.2900, S/L at 1.2300.
It is time to wait. During the 240 min graph, upper the red line placing the current price will be a absolutely bull, down under the blue line is bear
Gold is going to 1400 USD, 1360 is an prefect entry for long position. If you wanna trade this level no matter long or short, i don't suggest that. because it will be a neutral or short before breaks 1350.
I forgot if i was mention that i guess DXY you touch 87. In fact, USD weaker is no that usually even the Fed booted interest rate up. Some news said that more money is coming back to US; a weaker USD is what Trump government expected. I don't suggest any long DXY trade because trader can not fight with a government. Gold broke 1320 line, i think it would touch...
Hopefully, MS is breaking my slope red line, that means it is in bull time. Let's waiting for the financial report the Friday, My target the price will be touch 75.Otherwise it will be very bearish.
If you see my latest BA analysis, you probably have a big smile on your face. It has already 100+ per share as profit. But this trend is starting to makes worry. I don't believe that the stock price gonna more than 500 usd. There is a news that the Airbus will get a big air plane agreement with Chinese government. And it seems like, 320 neo probably is better...
If no one give a warning, i will give it as i realize some problem here. DJI is turing in to greedy side. GOLD has an strong trend to 1400 and DXY will be lower in future. However it is an opportunity if market collapse.
GE has a little problem on there management, but don't forget their aviation. 777X is officially producing; this big bird may hold more market shares; B787, B777 is the most successful products comparing with A350 XWB even new A330 neo. Additionally, B777 replacement will be coming soon. GE engine will be the prime supporter of 777X line. Target price: set long...
There are two red-circle places should be careful when trading gold, any of circle could be change point. The price is actually touch the top one which means the price could be bullish, otherwise, price under the circle and be confirmed, gold is still be bearish. Same as the second or lower circle. You can arrange your plan with my analysis. Good luck.