Yields are the factor that dictates what happens to the market next. In case of a break above the white trend around 4.8% expect another push higher towards 5.2% which will mean the stock market might a final push higher, then a recession should hit at this rate. in case of a break below the yellow channel around 4.35% expect further downside to 3.2% which should...
following the rejection from 43400, the next support is 41650 which is a multi monthly candle consolidation area and where the trend from Oct 2023 is currently at, It's a major major area of support, if broken and confirmed below expect extreme downside price action to 36000
target around 88$ if this wedge breakdown, otherwise a break above 150 is needed for further upside
a monthly topping tail was printed, this usually marks the end of a run. I expect bitcoin to fall back to 30k amidst a stock market correction, if a recession occurs (2008 level) it will be a first time for bitcoin then 16k - 7k are on the cards
Still in it's early phase with a huge potential ahead, providing even better interface than Spotify. technically it has broken of a descending channel with large volume, with afterhours price reaching 1.7$, expect it to reach it again soon with potential up to 20$ on the long run. good time to buy in it's early phase
broke out of the descending channel with volume, with aftermarket price reaching 1.7$. very high probability of a big upside move
Huge support zone around this area 27.6 - 27, this will be the full retest of the broken wedge
if the last low is broken, watch for these 2 levels as a major major buying opportunities
right at the mentioned spot in my previous post, the DAX is struggling. i expect a correction from here to 19800 and possibly be the top
yields retracing to fill the gap, representing another entry potential for a long in TLT
netflix is currently kissing a resistance trend from the previous peak, could go as high as 950 but should go down and retest the breakout level around the 50ma
bullish consolidation forming for a while can be seen on the 4h timeframe
As expected from my previous analysis, rejection from 20500 was made and daily topping tail was printed, expect further downside to possibly 19700
currently hitting 2 major resistance trends + fib ext level expect a pullback from here
full fib ext from 2022 bear market reached, a retracement from current levels has high probability with a possibility of a peak up until 6300 tagging the upper channel high
i am shorting now from here and will be adding around 250 if reached with a Stop confirmation above 250