mphongobeni1728

mphongobeni1728

The US30 is a U.S. stock index composed of 30 of the largest publicly traded U.S. companies. It was created in 1896 and was meant to be an easy way to track the U.S. stock market performance at a time when information flow was not as rapid or pervasive. The components of the US30 can and do change as companies grow and shrink. The Dow 30 is still considered to be...

mphongobeni1728

Due to the hike of intrest rates we see a big drop in the market that is coming next week.

mphongobeni1728

We are still on a strong downtrend, since the 75 bais increase we still going to see U30 come down strongly

mphongobeni1728

Day 19 created a low that broke the previous low. that low has to be retested during the week. After bieng retested we going to the high of the 19th, that high would be retested the following day on wednesday. it will create a M - formation then it will break the low showing you a strong down formation

mphongobeni1728

The current Federal Reserve interest rate, or federal funds rate, is 3.75% to 4.00% as of Nov. 2, 2022. This is the fourth consecutive rate hike of 0.75% and the sixth rate hike this year. These rate hikes are the fastest cycle in history, pushing borrowing costs to a 15-year high. The Fed has struggled to reduce inflation. The annual inflation rate in Sept. 2022...

mphongobeni1728

US30 has been on an up trend for quite some time but in the middle of November the bearish momentum will kick start agai.

mphongobeni1728

Monday we expect a retracement of the market before pulling down again, the big entry is the sell which can hold for a 1000 pips.

mphongobeni1728

Spotted another entry which would be long but this one might be slower then the buy. Price level to watch out for is 29700, This buy is targeting last weeks high, I think this high would be broken on Wednesday or thursday after the sell.

mphongobeni1728

The first 2 weeks of October we are going to see a retracement, The market has been bearish the whole of September we saw a 10% drop. But in October only 2 weeks would be bullish and on the 17th Of October (The third week), market will continue to go bearish I dont know for how long But maybe till December(But I will still check it) Analysis not yet full proof,...

mphongobeni1728

SP500 created a down trend. it broke out of the uptrend last month, it hasnt shown any signals of a buying trend.

mphongobeni1728

Big drop headed for SPX500 we are retesting the TREND LIINE

mphongobeni1728

I a pretty long sell that will happen. The sell will happen today

mphongobeni1728

US30 had a buy on Labour day expecting a sell today 6th September.

mphongobeni1728

Monday Market will create a low at 5am. that will be our first sell opportunity we can hold till 150pips it's reached or hold till 1pm. second entry will be at the low of Friday(2nd September) which is at 21:00 using 1 hour time frame. We don't enter exactly at the low as it will create a manipulation best enter using the blue trend line I drew on the chart. we...